Page 242 - Company Results

Marico expects gross margin to improve 200-250 bps as inflation cools

On the rural market, Marico said it will "keenly monitor" growth and is hopeful of a recovery in demand, considering a good harvest season, forecast of a normal monsoon and increase in govt spending

Health, motor continue to drive general insurance, Q1 sales jump 17.9%

Of the total premium, public sector ones clipped at 11.4 per cent to Rs 23,393.5 crore, from Rs 20,993.1 crore in the 12 trailing months when their incremental sales grew 9.9 per cent

Stockbroker Angel One logs rise in profit by 22% in Q1 as orders surge

Angel One held a 12.5% share in the number of demat accounts in India in the June quarter, up from 10.8% last year

Wipro Q1 profit rises 12% to Rs 2,870 cr, revenue up at Rs 22,831 cr

Expects muted Sept qtr as deal ramp-ups, client decision-making slow down

Federal Bank Q1 profit up 39% to Rs 880 cr; Fedfina reconsidering IPO plan

Its other income came at Rs 732 crore as against Rs 453 crore in the year-ago period, with the core fee income growing to Rs 535 crore from Rs 441 crore

Federal Bank Q1 results: Net profit rises 42% to Rs 854 crore, NII up 20%

The bank is reportedly looking to raise around Rs 4,000 crore in 2023-24

PepsiCo raises revenue, profit forecasts on price hikes and steady demand

PepsiCo's average prices jumped 15% for the quarter ended June 17, while organic volume slipped 2.5%

Federal Bank Q1 profit up 29% at Rs 854 cr on back of decline in bad loans

Federal Bank on Thursday reported 29 per cent rise in net profit at Rs 854 crore for June quarter 2023-24 helped by decline in bad loans.

Anand Rathi Wealth Q1 profit after tax rises by 34% to Rs 53 crore

Leading non-bank wealth solutions company Anand Rathi Wealth on Wednesday reported a 34 per cent surge in profit after tax at Rs 53 crore for three months ended June 2023

HCLTech net slips 11.3% QoQ, maintains FY24 revenue growth guidance at 6-8%

HCLTech declared its earnings after market hours on Wednesday. Ahead of its results, the shares closed down 0.74 per cent at Rs 1,106.50 apiece on the BSE

HCLTech Q1FY24 results: Net profit rises 7.6% YoY to Rs 3,534 crore

The board of directors declared an interim dividend of Rs 10 per equity share for FY24

TCS Q1 net profit beats Street, revenue growth misses the estimate

Attrition drops to 17.8% from a high of 21% in March quarter

TCS Q1FY24 result: Net profit up 16.8% YoY; revenue rises to Rs 59,381 cr

TCS Q1FY24 result: The attrition for the first quarter of the current financial year stood at 17.8%

IRB Infrastructure toll revenue grows 18% to Rs 1,183 cr in Apr-Jun quarter

Toll collection stood at Rs 1,000 crore in April-June quarter of preceding 2022-23, IRB said in a statement

Adani Electricity's technical, commercial losses shrink to 5.93% in FY23

There were over 18,542 raids in FY23 as against 10,458 in FY22, while the irregularity assessed went up to Rs 38.48 crore in FY23 from Rs 21.75 crore in the year-ago period

Bajaj Allianz Life reports 20% jump in net income to Rs 390 crore in FY23

During the last fiscal, the company added 29 per cent more customers at 5.38 lakh from 3.86 lakh, taking the number of individual lives covered to over 28,63,800

Sidbi's net income jumps 71% to Rs 3,344 crore YoY in FY23: MD Ramann

In FY23, its disbursements jumped 93 per cent from Rs 1,43,758 crore in FY22 to Rs 2,76,755 crore in FY23

Tough times: IT consulting major Accenture may log subpar revenue in Q4

IT services companies across the globe are seeing a slowdown as some discretionary work is being cancelled or delayed

Turnover of Khadi-Village Industries products up 17% to Rs 1.34 trn in FY23

Khadi and Village Industries Commission (KVIC) said that the turnover was Rs 31,154 crore in 2013-14 and it has set a milestone by creating 9,54,899 new jobs in rural areas

Kerala Financial Corporation records four-fold jump in profit at Rs 50 cr

The company has earned a net profit of Rs 13 crore in the preceding fiscal