Electric two-wheeler maker Ather Energy Ltd on Monday reported narrowing of consolidated net loss at Rs 51.09 crore in the June quarter, riding on strong sales. The company had posted a consolidated net loss of Rs 178.23 crore in the corresponding period last fiscal year, Ather Energy Ltd said in a regulatory filing. Wholesales in the first quarter were at 83,173 units as compared to 46,078 units in the year-ago period, a growth of 81 per cent, the company said in an investor presentation. Total expenses in the first quarter were higher at Rs 1,310.74 crore as compared to Rs 851.14 crore in the same period a year ago, it added. Commenting on the performance, Ather Energy Co-founder & CEO, Tarun Mehta, said, "We continued to see strong demand across our portfolio, as structural tailwinds from both policy support and shifting customer sentiment translated into a massive upsurge for our products, with demand far outstripping supply." He further said, "This gives us confidence that ..
Farm and construction equipment major Escorts Kubota Ltd on Monday reported a consolidated net profit at Rs 385.93 crore in the first quarter ended June 30. The company had posted a consolidated net profit of Rs 1,397.1 crore in the corresponding period previous fiscal, Escorts Kubota Ltd said in a regulatory filing. In Q1 FY26, the company had a net profit from discontinued operations of Rs 1,027.63 crore. The corresponding quarter of the previous year included a one-time gain from the divestment of the RED (railway equipment business division) segment, as well as an exceptional gain from the sale of land and building. Accordingly, net profit including discontinued operations for Q1 FY27 is not directly comparable with Q1 FY26, the company said. Consolidated revenue from operations in the first quarter was at Rs 3,207.55 crore as against Rs 2,500.05 crore in the year-ago period, Escorts Kubota Ltd said. Tractors volumes in the first quarter were at 36,862 units, up 20.5 per cent
Sensex Today | Stock Market Highlights, Monday: In the broader markets, both the Nifty MidCap and the Nifty SmallCap settled 1.21 per cent and 1.29 per cent higher, respectively
So far this year, the chemical stock has gained 15.53 per cent and outperformed the BSE Sensex, which is down over 7 per cent during the same period.
In an exchange filing, MobiKwik said that it has posted a net profit of ₹7.6 crore in Q1, compared with a net loss of ₹419.2 crore in the year-ago period.
Paytm reported a 79% YoY jump in Q1 net profit at ₹220 crore backed by 27.6% growth in revenue from operations. The management expects FY27 revenue growth to exceed the 22% delivered in FY26.
Bharti Airtel Q1 preview: For Q1FY27, brokerages anticipate Bharti Airtel to report healthy revenue and profit growth, driven by steady subscriber additions, improving ARPU and a resilient Africa busi
The stock price of LTM hit high of ₹4,715.50 in Monday's intra-day deals, its highest level since April 22, 2026. The stock has bounced back 34% from its 52-week low hit on June 30, 2026.
Fintech firm MobiKwik reported its third consecutive profitable quarter in Q1 FY27, with net profit at Rs 7.61 crore, revenue from operations rising 3.72 per cent and GMV increasing 50 per cent
Elevated crude prices against the backdrop of the West Asia crisis remained the key factor that roiled the OMCs' Q1 earnings performance.
In the past month, Divi's Labs outperformed the market by soaring 25 per cent, as against a 1.2 per cent rise in the BSE Sensex.
GAIL has reported nearly doubling of net profit in Q1, as a sharp jump in earnings from its gas marketing business more than offset continued losses in the petrochemicals segment.
Leela Palaces Hotels share price hit a life-time high of ₹518 in Monday's trade, after reporting a 460% surge in Q1FY27 net profit. JM Financial and Choice Broking raised the target price on stock.
The optimism around Q1 earnings is shifting from large caps to midcaps. Following a five-week breather near the all-time high, the Midcap Index regained momentum, said ICICI Securities.
Urban Company remains well positioned to benefit from the long-term formalisation of home services, but the core business is largely reflected in current valuations, said MOFSL.
IT firm Persistent Systems has reported a 13.67 per cent increase in consolidated net profit to Rs 483.04 crore in the April-June quarter. The company had posted a net profit of Rs 424.93 crore in the year-ago period. Persistent Systems' revenue from operations rose 29 per cent to Rs 4303.22 crore in Q1 FY27, as compared to Rs 3,333.58 crore in Q1 FY26. Seen sequentially, profit fell 8.7 per cent on account of forex losses, while revenue grew 6 per cent. "This performance was underpinned by a record quarterly Total Contract Value (TCV) of USD 1.15 billion, reflecting continued momentum in larger client engagements, including a 6.5-year strategic services agreement with a leading global technology company with a TCV of more than USD 650 million," Persistent Chief Executive Officer and Executive Director Sandeep Kalra said. The Software, Hi-Tech and Emerging Industries vertical remained the largest revenue contributor at 40.7 per cent, recording a year-on-year growth of 15.7 per ...
Maruti Suzuki's stock has declined 16.48 per cent year to date and has underperformed the BSE barometer, the Sensex, which is down 7.74 per cent during the same period.
Q1FY27 company results: Firms including KEI Industries, Torrent Power, Ather Energy, JM Financial, Nazara Technologies, and INOX India are also to release their April-June earnings today
Capacity additions and healthy demand should fuel volume growth even as cost pressures weigh on margins
Global uncertainties remain the biggest driver of market sentiment despite healthy domestic indicators, says Bank of India Mutual Fund CIO Alok Singh