Page 303 - Company Results
India Grid Trust Q1 net profit up 4% at 84 cr; total income rises 4%
IndiGrid is India's first and largest Infrastructure Investment Trust in the power transmission sector.
 "India Grid Trust Q1 net profit up 4% at 84 cr; total income rises 4%")
Shoppers Stop Q1 net profit at Rs 22.83 cr, sales up to Rs 948.44 cr
The company had posted a net loss of Rs 104.89 crore in the April-June quarter a year ago, said Shoppers Stop in a regulatory filing.
 "Shoppers Stop Q1 net profit at Rs 22.83 cr, sales up to Rs 948.44 cr")
Ujjivan SFB posts record net profit of Rs 203 cr in Q1 on fall in bad loans
Bank's total income during April-June period of 2022-23 rose by 40 per cent to Rs 1,000.42 crore, as against Rs 714.67 crore in same quarter of 2021-22, Ujjivan SFB said in a regulatory filing.
 "Ujjivan SFB posts record net profit of Rs 203 cr in Q1 on fall in bad loans")
L&T Q1 results: Net profit rises 45% to Rs 1,702 cr; revenue up 22%
Company's order inflow rises 57% in June quarter
 "L&T Q1 results: Net profit rises 45% to Rs 1,702 cr; revenue up 22%")
Tata Power Q1 net jumps 90% to Rs 884 cr; plans Rs 14k-cr capex in FY23
Tata Power CEO and MD Praveer Sinha said the company's all "business clusters" namely generation, transmission, distribution and renewables performed well.
 "Tata Power Q1 net jumps 90% to Rs 884 cr; plans Rs 14k-cr capex in FY23")
Union Bank of India Q1 net rises 32% at Rs 1,558 cr on lower bad loans
Union Bank of India on Tuesday reported a 32 per cent rise in standalone net profit to Rs 1,558.46 crore for the quarter ended June 2022, helped by a fall in bad loans
 "Union Bank of India Q1 net rises 32% at Rs 1,558 cr on lower bad loans")
Asian Paints Q1 net profit jumps 80% to Rs 1,036 cr, sales up 55%
Asian Paints' international business also delivered a good double-digit revenue growth for the quarter despite multiple headwinds across key geographiesdgeryery
 "Asian Paints Q1 net profit jumps 80% to Rs 1,036 cr, sales up 55%")
Oberoi group's EIH Associated Hotels back in black with PAT at Rs 5.68 cr
Oberoi group firm EIH Associated Hotels Ltd on Tuesday reported a profit after tax of Rs 5.68 crore in the first quarter ended June 30, 2022
Canara Bank Q1 net up 71.8% YoY to Rs 2,022 cr on higher interest income
Sequentially, its net profit rose 21.4%; lender's treasury income rises despite hardening yields
 "Canara Bank Q1 net up 71.8% YoY to Rs 2,022 cr on higher interest income")
Future Supply Chain Solutions reports Q4 net loss of Rs 624.22 crore
The loss was mainly on account of credit loss from group firm Future Retail Ltd (FRL) which is now facing insolvency proceedings.
 "Future Supply Chain Solutions reports Q4 net loss of Rs 624.22 crore")
Macrotech Developers profit rises 68% to Rs 271 crore in June quarter
On the performance, Macrotech Developers Ltd MD and CEO Abhishek Lodha highlighted that the April-June period was its best-ever first quarter with Rs 2,814 crore of pre-sales from India business.
 "Macrotech Developers profit rises 68% to Rs 271 crore in June quarter")
TechM profit declines over high costs, beats estimates on revenue front
The big positive was the reduction in the attrition rate, which came in at 22 per cent, down from 24 per cent in Q4FY21
 "TechM profit declines over high costs, beats estimates on revenue front")
Tata Steel Q1 results: Profit falls 12.8% to Rs 7,765 cr, revenue up 18.6%
For Europe, it was the highest ever quarterly EBITDA. Revenue per tonne increased by £154 QoQ to £1,248 per tonne due to long-term contracts and product mix
 "Tata Steel Q1 results: Profit falls 12.8% to Rs 7,765 cr, revenue up 18.6%")
Jindal Stainless net profit rises 8% to Rs 329 crore in June quarter
The company had a net profit of Rs 305.84 crore in the same period of 2021-22, JSL said in regulatory filing.
 "Jindal Stainless net profit rises 8% to Rs 329 crore in June quarter")
Tata Steel Q1 profit falls 21% to Rs 7,714 crore due to higher expenses
Total income of the company was at Rs 63,698.15 crore in April-June this year against Rs 53,627.66 crore in April-June of the preceding fiscal
 "Tata Steel Q1 profit falls 21% to Rs 7,714 crore due to higher expenses")
Century Textiles reports 78% jump in net income at Rs 63 crore in Q1
The company, which is primarily into textiles, pulp and paper products and realty, said its sales grew to Rs 1,170 crore, a growth of 41 per cent compared to the year-ago period.
 "Century Textiles reports 78% jump in net income at Rs 63 crore in Q1")
Adani Ports Q1 results: How did the company perform in last four quarters
Adani Ports, the country's largest integrated logistics player, had clocked a consolidated net profit of Rs 1,033 crore in Q4FY22, over 21 per cent lower than the same quarter in FY21
 "Adani Ports Q1 results: How did the company perform in last four quarters")
Tech Mahindra net profit falls 16.4% to Rs 1,132 crore in April-June
"We remain resilient and watchful given the dynamic global macroeconomic environment and will continue to invest in new and emerging technologies to deliver differentiated offerings," its MD &CEO said
Bajaj Auto Q1 results: How was company's performance in last four quarters
In Q4FY22, Bajaj Auto recorded a net profit of Rs 1,468.95 crore, up over 250 crores from the Q3FY22
 "Bajaj Auto Q1 results: How was company's performance in last four quarters")
VC funding dips in India in Q2 as investors focus on cash preservation
VC investment in India dipped in the April-June quarter (Q2) as investors shifted their focus to cash preservation in anticipation of funding becoming less easy to obtain over the next few quarters
 "VC funding dips in India in Q2 as investors focus on cash preservation")