Page 135 - Q1 Results

Titan Company dips 3% after June quarter business update

The sales were hit only to a small extent until the third week of April, from the rapidly rising second wave of the pandemic, primarily due to the temporary store closures in some important states

Infosys hits record high, rallies for 8th straight day; up 13% in a month

The stock hit a record high of Rs 1,484.10, surpassing its previous high of Rs 1,480 touched on April 12, 2021

Demand worries, higher input costs may derail Kansai Nerolac's Q1 show

While the first three weeks of April saw robust demand in what is considered a seasonally strong period, lockdown in multiple states has seen offtake collapse

Corporate India jittery about Q1 amid a relentless second Covid-19 wave

Restrictions have hurt discretionary, out-of-home categories the most

Varun Beverages Q1 net more than doubles, board recommends a bonus issue

Its total income during the quarter under review stood at Rs 2,275.60 crore, up 31.96 per cent from the same period a year ago

Buffett's Berkshire reports $12-bn profit in Q1, buys back more stock

This comes a year after a major loss when the value of its stock investments plummeted because of the coronavirus pandemic

Novartis Q1 sales, profit miss analyst expectations amid Covid-19 impact

Swiss drugmaker Novartis on Tuesday said first-quarter core net income fell 4%

Robust March quarter results drive Castrol India stock 7% higher

Castrol India's Managing Director Sandeep Sangwan attributed the good set of numbers to the focused investments, interventions and actions taken in the second half of 2020

Negative outlook list may get longer, Q1 biz to be hit: Rating agencies

In February, things seemed to be coming under control with vaccination, giving the impression the system would cope with the pandemic

India among top-five countries in first-quarter net sales for Ericsson

Ericssonreported that across the Southeast Asia, Oceania and India markets, sales rose year-on-year in networks, driven by continued investments in LTE, primarily in India

Insurer ICICI Lombard fourth quarter profit rises 23% to Rs 346 crore

The non-life insurer had posted a net profit of Rs 282 crore in the corresponding period of 2019-20.

TSMC books 19% Q1 profit growth; says chip shortage likely last into 2022

The firm said it is doing all it can to increase productivity and alleviate a worldwide chip shortage

Private sector's cost efficiency drive aiding Siemens' profitability

Acquisition of C&S Technologies is seen margin accretive and will augment exports

Diagnostics players post healthy returns on quick rebound in business

Sharp rise in non-Covid business and strong revenue growth indicated by Thyrocare, Metropolis prop up sentiment

Vedanta's Q1 profit tumbles 23.5% as Covid-19 lockdown hurts output, demand

Vedanta's Hindustan Zinc, also Asia's most valuable zinc producer, reported a 23% drop in June-quarter profit on lower prices and production

Air India's Q1FY21 net loss stands at around Rs 2,570 crore: Puri

Air India has incurred a net loss of about Rs 2,570 crore in the first quarter of 2020-21 as compared to a net loss of Rs 785 crore sustained in the year ago period, Civil Aviation Minister said

Hikal shares advance 12%, hit 52-week high on growth prospects

For the April-June quarter (Q1FY21), Hikal reported a 25 per cent year-on-year (YoY) decline in its consolidated profit before tax (PBT) at Rs 27.50 crore.

More than 1,000 listed companies file June quarter numbers in September

Some believe the Sebi should now revert to the original deadlines as such leeways keeps investors in the dark

P&G Health June-quarter net profit jumps 11% to Rs 49 cr despite low sales

Procter & Gamble Health, formerly known as Merck, on Wednesday reported a 10.8 per cent jump in June quarter net profit at Rs 48.9 crore. The profit growth came despite a fall in sales to Rs 200.3 crore due to the COVID-19 pandemic, as against Rs 224.9 crore in the April-June period of last year. "The company delivered a strong double-digit growth for four successive quarters up until the onset of the unprecedented COVID-19 pandemic. Despite initial impact on account of disruption in business operations, the company continues to demonstrate a resilient performance," its Managing Director Milind Thatte said. Protecting the health and safety of employees and partners, continuing to serve consumers, and support communities and relief efforts have been the company's priorities during the pandemic time, he added. In the 18 months to June, the company reported sales of Rs 1,329 crore. The sales figure had stood at Rs 818.2 crore in the calendar year 2018, it said in a statement. Profit

Gold refiner Rajesh Exports June quarter net falls 50% to Rs 152.13 crore

Rajesh Exports has reported 49.61% fall in consolidated net profit at Rs 152.13 crore for the quarter ended June 30, 2020