Page 306 - Company Results
Ashok Leyland Q1 profit at Rs 68 cr Q1 on strong volumes vs year-ago loss
The company is planning to invest Rs 750 crore in each of the next two years and is in the final round of talks to raise funds for its EV arm Switch Mobility
 "Ashok Leyland Q1 profit at Rs 68 cr Q1 on strong volumes vs year-ago loss")
Cipla Q1 net dips 4% to Rs 686 cr, revenue down 2% on tapering Covid sales
Domestic revenue dips 8.4% as Covid-19 share of branded prescription business normalises; North American business up 10% to $155 million
 "Cipla Q1 net dips 4% to Rs 686 cr, revenue down 2% on tapering Covid sales")
DLF's Q1 net profit up 39% to Rs 470 cr; sales bookings jump two-fold
DLF's total income rose to Rs 1,516 cr in the first quarter from Rs 1,242 cr in the year-ago period
 "DLF's Q1 net profit up 39% to Rs 470 cr; sales bookings jump two-fold")
Sun Pharma Q1 net up 43% to Rs 2,061 crore on specialty sales, India biz
Gross sales up 10.1% YoY to Rs 10,644 cr; EBITDA at Rs 2,884.4 cr, with a margin of 26.8%
 "Sun Pharma Q1 net up 43% to Rs 2,061 crore on specialty sales, India biz")
Top headlines: HDFC Q1 net rises 22%; IOC posts Rs 1,993-cr net loss in Q1
Swiggy announced on Friday that it has extended its 'Future of Work' policy and announced a permanent work-from-anywhere for majority of roles.
 "Top headlines: HDFC Q1 net rises 22%; IOC posts Rs 1,993-cr net loss in Q1")
Stride Pharma Science Q1 net loss narrows to Rs 163 cr, revenue grows 36.6%
Strides Pharma Science Ltd on Friday reported a narrowing of consolidated net loss at Rs 163.4 crore in the quarter ended June 2022, aided by higher revenue
 "Stride Pharma Science Q1 net loss narrows to Rs 163 cr, revenue grows 36.6%")
Cipla Q1 net profit dips marginally to Rs 706 cr; revenue falls 2%
The Mumbai-based company had reported a net profit of Rs 710 crore in the April-June quarter of the last fisca
 "Cipla Q1 net profit dips marginally to Rs 706 cr; revenue falls 2%")
HDFC Q1 profit jumps 22% YoY to Rs 3,669 crore, misses estimates
HDFC clocked the highest percentage growth in individual loan AUM in 8 years
 "HDFC Q1 profit jumps 22% YoY to Rs 3,669 crore, misses estimates")
Sony sees 3% rise in profit despite waning interest in video games
Sony's profit edged up 3 per cent in the last quarter, weathering production setbacks from COVID-19 lockdowns in Shanghai and a trend away from video gaming as pandemic restrictions eased elsewhere
 "Sony sees 3% rise in profit despite waning interest in video games")
Zydus Wellness net profit rises 4.75% in second qtr to Rs 137.01 cr
Zydus Wellness reported a 4.75 per cent rise in consolidated net profit to Rs 137.01 crore in the first quarter ended June 30, impacted by higher expenses and a one-time outgo for plant closure
 "Zydus Wellness net profit rises 4.75% in second qtr to Rs 137.01 cr")
Amazon stock up 14% despite second consecutive quarterly loss; net sales up
Amazon reported a quarterly net loss of $2 billion, its second consecutive loss in a quarter, but strong revenues and continued growth from Amazon Web Services saw its stock soaring 14%
 "Amazon stock up 14% despite second consecutive quarterly loss; net sales up")
Bajaj Finance jumps by 10%; most in two years as profit tops estimates
Shares of Bajaj Finance on Thursday surged 10 per cent, the most in more than two years, after its quarterly profit blew past estimates on strong customer additions and lower bad loan provisions
 "Bajaj Finance jumps by 10%; most in two years as profit tops estimates")
Apple sets June quarter record despite downturn, iPhone sales rise
Despite the global macro-economic environment, Apple saw a record June quarter with 2 per cent (YoY) revenue increase at $83 billion, riding on a 12 per cent sales increase in services
 "Apple sets June quarter record despite downturn, iPhone sales rise")
RITES PAT rises 86% to Rs 145 crore in Q1FY23; operating revenue up by 70%
EBITDA and profit after tax stood at Rs 179 crore and Rs 145 crore against Rs 97 crore and Rs 78 crore
 "RITES PAT rises 86% to Rs 145 crore in Q1FY23; operating revenue up by 70%")
PNB net profit drops 70% YoY to Rs 308 crore in April-June quarter
The state-owned lender had reported a Rs 1,023 crore profit in April-June 2021 on account of healthy cash recovery and upgrade of Rs 8,270 crore
 "PNB net profit drops 70% YoY to Rs 308 crore in April-June quarter")
Strong India growth boosts DRL Q1 profit by 108% to Rs 1,188 crore
The DRL stock was down marginally (0.73 per cent) to Rs 4,254 on the BSE on Thursday
 "Strong India growth boosts DRL Q1 profit by 108% to Rs 1,188 crore")
Jubilant FoodWorks' Q1 net profit rises 63% to Rs 113 cr; revenue up 41%
Jubilant FoodWorks, operator of Domino's Pizza and Dunkin' Donuts, on Thursday reported a 63.01 per cent increase in its consolidated net profit at Rs 112.58 crore in the April-June quarter.
 "Jubilant FoodWorks' Q1 net profit rises 63% to Rs 113 cr; revenue up 41%")
Shriram Transport's Q1 net profit surges four-fold to Rs 965 crore
STFC's total assets under management by the end of the quarter stood at Rs 130,688.86 crore, against Rs 119,301.37 crore a year ago
 "Shriram Transport's Q1 net profit surges four-fold to Rs 965 crore")
TVS Motor back in black, Q1 consolidated net profit zooms to Rs 305 crore
Motorcycle sales registered 4.34 lakh units against 4.05 lakh units in the quarter ended June 2021.
 "TVS Motor back in black, Q1 consolidated net profit zooms to Rs 305 crore")
Nestle India net profit declines 4.3% to Rs 515.3 cr in April-June qtr
Nestle India, which makes Maggi noodles, KitKat chocolate, sees 'early signs of softening' in sale of some commodities
 "Nestle India net profit declines 4.3% to Rs 515.3 cr in April-June qtr")