The ARPU rise has helped operating profit grow by 5.6 per cent (quarter-on-quarter) Q-o-Q in Q1FY24
The government is looking to push up the share of natural gas to around 15 per cent in the energy mix from the current 6 per cent
This would take the consolidated regulated equity base to Rs. 1.25 trillion by FY26 versus Rs. 94,180 crore in FY23
HDFC Life may see stronger momentum as merger synergies kick in
Provisions were flat sequentially (up 55 per cent YoY) at Rs 480 crore and net profit was at Rs 770 crore (up 61 per cent YoY and down 5 per cent QoQ)
Sugar is the most highly controlled commodity in the Consumer Food Price Index (CFPI) basket
By end-August the company had 8.7 million devices deployed, almost doubling from 4.5 million devices in August 2022
Much of the bad news seems priced in, and a gradual recovery in US tech spending could happen from Q2
The Street is speculating on sustainable rebound from Q2 led by better prices and lower costs
Jio Financial Services (JFS) was initially scheduled for removal by August 23
The company reported double-digit sales growth, and margin expansion in the June quarter
Two-wheeler company's margin gains among factors that should be monitored: Analysts
Company optimistic about Q2 and analysts continue to see high long-term growth prospects
Macro conditions could improve and valuations are already low
However, as competition and fresh capacity is also rising, scale and ability to control costs will play a crucial role
The company had won a new export order of Rs 280 crore in the quarter taking its total order book to Rs 2,300 crore
All analysts polled this month are bullish on the two power financiers and see further gains of 19-20 per cent in the next one year
Although the Rs 4,621 crore deal may weigh on Titan's earnings in the short-term, analysts are positive on the long-term prospects
Valuations factoring in second-half recovery are in the expensive zone
Royalty as percentage of sales stood at 43 per cent in Q1FY24 versus 44.8 per cent in Q4FY23