Public sector Indian Bank closed the first quarter of FY23 with net profit of Rs 1,213.44 crore, higher than what it had logged during Q1FY22
Mahindra Holidays & Resorts India Ltd on Saturday reported a consolidated profit after tax of Rs 29.8 crore for the first quarter ended June 30, boosted by higher revenue. The company had posted a consolidated loss after tax of Rs 21.4 crore in the same quarter last fiscal, the company said in a regulatory filing. The consolidated revenue from operations during the quarter under review stood at Rs 604. 85 crore against Rs 370.87 crore in the year-ago period, it added. Focus on adding room inventory at a faster pace along with creating immersive experiences at its resorts helped the company deliver the highest ever resort revenues, higher occupancies and member spends, Mahindra Holidays & Resorts India Ltd (MHRIL) Managing Director and CEO Kavinder Singh said. Member additions have been robust with higher average unit realisation, he added. On a standalone basis member additions for the quarter stood at 3,807, with a cumulative member base of around 2.7 lakh. During the ...
Posts 12% YoY growth in net interest income; Bad loan Provisions down on improved asset quality
Cigarette maker Godfrey Phillips India Ltd on Saturday reported a 16.6 per cent rise in its consolidated net profit to Rs 131.05 crore for the first quarter ended June 30
The company's revenue from operations for the quarter ended June 30, 2022 came in at Rs 1,410.12 crore
Analysts are wary of companies majorly focused in the low-margin milk segment as they believe firms with a strong market share in value-added products (VAPs) are more likely to sustain in the industry
The Ebitda margins are expected to remain in the 24-25 per cent this fiscal and the acquisition of 40 per cent stake in Roadcast Tech Solutions will help improve efficiencies in delivery
In the June quarter, NTPC's gross power generation was at 86.88 billion units compared to 71.74 billion units in the same period a year ago
The company had posted a PAT of Rs 77.79 crore in April-June 2021-22, Emami said in a regulatory filing
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
Domestic revenue dips 8.4% as Covid-19 share of branded prescription business normalises; North American business up 10% to $155 million
Gross sales up 10.1% YoY to Rs 10,644 cr; EBITDA at Rs 2,884.4 cr, with a margin of 26.8%
Analysts expect the Gurgaon-based firm's net loss to contract to Rs 315 crore in Q1FY23 from Rs 360.7 crore in the year-ago period.
CLOSING BELL: Public sector banks were the only losers with the Nifty PSB index down 1.2 per cent
HDFC clocked the highest percentage growth in individual loan AUM in 8 years
It has reported an Ebitda (earnings before interest, tax, depreciation and ammortisation) of Rs 2,884 crore (including other operating revenues), with the Ebitda margin at 26.8 per cent.
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
Centre's capex outlay may touch 20 per cent of full-year target in Q1 at Rs 1.5 trillion
In the past three months, the stock of TVS Motor outperformed the market as it surged 46 per cent, as compared to marginal 0.34 per cent rise in the S&P BSE Sensex.
The company displayed a strong show in Q1FY23 with 80 per cent YoY growth in APE along with a sharp jump of 132 per cent YoY in VNB.