Higher demand to keep revenue growth strong in the second half of FY23
Hero MotoCorp's consolidated net profit fell by 8.63 per cent YoY to Rs 682.28 crore in the second quarter of FY23 amid weakening rural demand
Its total expenses were higher at Rs 2,449.11 crore compared to Rs 2,097.17 crore a year ago, the filing said
Company shares tumbled in early-morning trading
Adani Enterprises, which entered the Nifty 50 stock index at the end of September, acts as an incubator for new businesses launched by the Adani Group
ARPU of larger rivals Reliance Jio and Bharti Airtel was at 177.2 rupees and 190 rupees in the quarter, respectively
Analysts, on average, had expected a profit of Rs 7.41 billion, according to Refinitiv IBES data
Earnings, asset quality profile improve for public sector lender
HPCL said it earned $12.62 on turning every barrel of crude oil into fuels during April-September compared to a gross refining margin of $2.87 a barrel
Adani Total Gas said revenue rose due to increased volumes and higher prices, as it passed on some of the rise in input costs to customers
Mortgage lender HDFC Ltd on Thursday said its consolidated net profit increased by 24 per cent to Rs 7,043 crore in the September 2022 quarter
India's Adani Wilmar reported a 73% slump in second-quarter profit on Thursday, as the Fortune cooking oil maker reeled under dull demand from rural areas
SIS Ltd has posted a marginal decline of 1.46 per cent in net profit at Rs 67.4 crore for the second quarter ended September 30
JK Paper's total expenses were at Rs 1,207.40 crore, up 49.6 per cent in the September quarter
In the year ago same quarter ended September 2021, it had posted a net profit of Rs 1,103 crore
PNB's total income during July-September 2022 was Rs 23,001.3 crore as against Rs 21,262.3 crore a year ago
While input costs fell 3% as raw material prices cooled off from their peak, power and fuel costs surged about 35%
Dalmia Bharat's total expenses rose nearly 29 per cent to Rs 2,980 crore in the latest quarter under review
The company sold 2,233 million units of electricity in the quarter, up from 1,975 million units in the same period in 2021
Total expenses rose to 5.75 billion rupees from Rs 5.15 billion