Page 130 - Q1 Results
Ramco Cements Q1 net profit up 46% to Rs 172 cr on growth in sales
The Ramco Cements Ltd on Tuesday reported a 46.10 per cent increase in consolidated net profit at Rs 171.67 crore for the quarter ended June, helped by growth in sales
 "Ramco Cements Q1 net profit up 46% to Rs 172 cr on growth in sales")
IndusInd Bank Q1 consolidated net profit nearly doubles to Rs 1,016 cr
Net interest income rises 8% to Rs 3,564 cr
 "IndusInd Bank Q1 consolidated net profit nearly doubles to Rs 1,016 cr")
IndiGo Q1 net loss widens to Rs 3,174 crore; misses Street estimates
The budget carrier's revenue declined 51.6 per cent at Rs 3,006.9 crore during the quarter under study compared with revenue of Rs 6,223 crore clocked in the March quarter
 "IndiGo Q1 net loss widens to Rs 3,174 crore; misses Street estimates")
IndiGo Q1 net loss widens to Rs 3,174 crore; misses Street estimates
The budget carrier's revenue declined 51.6 per cent at Rs 3,006.9 crore during the quarter under study compared with revenue of Rs 6,223 crore clocked in the March quarter
Sensex drops 274 pts, Nifty ends below 15,750; DRL sinks 10%, Axis Bank 3%
In the broader markets, mid-cap stocks faced a severe blow with the BSE MidCap index erasing 0.67 per cent.
 "Sensex drops 274 pts, Nifty ends below 15,750; DRL sinks 10%, Axis Bank 3%")
Dr Reddy's slips over 10% post June quarter results, anonymous complaint
Gross profit margin decreased by 380 bps over the previous year and 150 bps sequentially, majorly on account of price erosion and increase in inventory provisions related to few products
 "Dr Reddy's slips over 10% post June quarter results, anonymous complaint")
DLF's Q1 sales bookings jump nearly 7-fold to Rs 1,014 cr despite Covid-19
Realty major DLF Ltd's sales bookings jumped nearly 7-fold year-on-year to Rs 1,014 crore during the April-June quarter of this fiscal, on strong demand for its independent floors and luxury homes in Gurugram. The company's sales booking stood at Rs 152 crore in the April-June quarter of the 2020-21 fiscal year because of the nationwide lockdown to control the COVID pandemic. In its investors presentation, DLF said it sustained sales momentum during the June quarter despite the resurgence of COVID infections. Out of the total sales bookings in Q1 of FY22, DLF said the launches of new projects contributed Rs 542 crore. "Encouraging response for independent floors across DLF City/New Gurgaon vindicates product demand & acceptability," the presentation said. DLF's CEO Ashok Tyagi had given a sales bookings guidance of Rs 1,000 crore per quarter and over Rs 4,000 crore in the entire 2021-22 fiscal year. On borrowings, DLF said its net debt reduced by Rs 141 crore during the June ...
 "DLF's Q1 sales bookings jump nearly 7-fold to Rs 1,014 cr despite Covid-19")
Alembic Pharma dips 8% on disappointing June quarter results
Ebitda (earnings before interest, taxes, depreciation, and amortization) margins declined 1258 basis points (bps) YoY to 17.8 per cent, due to higher other expenditure
 "Alembic Pharma dips 8% on disappointing June quarter results")
Vedanta consolidated Q1 PAT up four-fold at Rs 4,224 cr on revenue spike
Top line up 79% YoY at Rs 28,105 cr; lower base also spurs annual surge in bottomline
 "Vedanta consolidated Q1 PAT up four-fold at Rs 4,224 cr on revenue spike")
L&T Q1 consolidated net surges four-fold at Rs 1,174 cr on higher revenue
The company's topline in the period under review stood at Rs 29,334.73 crore, up 38% from the same period last year
 "L&T Q1 consolidated net surges four-fold at Rs 1,174 cr on higher revenue")
DLF reports Q1 PAT of Rs 337 crore versus Rs 72 cr loss a year ago
At the end of June, its net debt shrank to Rs 4,745 crore from Rs 5,267 crore in March-end
 "DLF reports Q1 PAT of Rs 337 crore versus Rs 72 cr loss a year ago")
GlaxoSmithKline Pharma Q1 net profit up 9% at Rs 121 crore
Drug firm GlaxoSmithKline Pharmaceuticals on Monday reported a 9.24 per cent rise in consolidated net profit to Rs 121.08 crore for the quarter ended June 30, 2021.
 "GlaxoSmithKline Pharma Q1 net profit up 9% at Rs 121 crore")
Tata Motors posts Rs 4,450 cr loss in June qtr as chip shortage takes toll
The company's UK subsidiary expects Q2 to be worse, sees recovery only in the second half of FY22
 "Tata Motors posts Rs 4,450 cr loss in June qtr as chip shortage takes toll")
Jindal Stainless reports Rs 271-cr profit for Q1; announces expansion plan
Jindal Stainless Ltd (JSL) returned to black in the April-June quarter, posting a net profit of Rs 271.42 crore on the back of a significant rise in income
 "Jindal Stainless reports Rs 271-cr profit for Q1; announces expansion plan")
Top headlines: L&T Q1 net profit soars; Tata Motors Q1 net loss narrows
Business Standard brings you the top stories of this evening
 "Top headlines: L&T Q1 net profit soars; Tata Motors Q1 net loss narrows")
DLF posts Rs 337.17 cr profit in June quarter, revenue jumps to Rs 1,242 cr
DLF is the country's largest real estate firm in terms of market capitalisation.
 "DLF posts Rs 337.17 cr profit in June quarter, revenue jumps to Rs 1,242 cr")
Vedanta first quarter after-tax profit jumps four-fold to Rs 4,280 crore
As of June, net debt of the company was at Rs 20,261 crore
 "Vedanta first quarter after-tax profit jumps four-fold to Rs 4,280 crore")
Sensex falls 123 pts as investors book profit in RIL, banks, auto stocks
The broader markets, however, outperformed the frontline indices with the BSE MidCap and SmallCap indices adding 0.06 per cent and 0.34 per cent, respectively.
Symphony dips 5% on disappointing Q1 results
The management expects gross margin on domestic sales for FY22 to be back to normal margin of around 50 per cent
 "Symphony dips 5% on disappointing Q1 results")
SBI Card gains 4% on strong June quarter results
Asset quality improved with GNPA at 3.91 per cent versus 4.99 per cent QoQ while RBI RE book was down from 8 per cent to 6 per cent, sequentially
 "SBI Card gains 4% on strong June quarter results")