Page 40 - Q1 Results

Zee stock zooms 14% on settling merger termination dispute with Sony

Zee Entertainment in an exchange filing today said, both companies had agreed to withdraw all respective claims against each other, in the ongoing arbitration at the Singapore.

GPT Infraprojects launches QIP, fixes floor price at Rs 183.8; stock up 5%

GPT Infraprojects' board approved the floor price for the QIP at Rs 183.83 per share to raise Rs 175 crore

Colgate stock on a 9-week winning run, up 28%; Can it shine more?

Strong Q1 earnings, revival in FMCG sector has propelled Colgate-Palmolive stocks; Technical charts suggests that the bias shall remain favourable as long as the stock holds Rs 3,500.

This Aditya Birla Group stock has zoomed 60% in 4 weeks; up 115% since Apr

Shares of Century Enka hit a record high of Rs 863.90, as they surged 12% on the BSE in Wednesday's intra-day trade in an otherwise range-bound market.

Murugappa Group FY24 results: Net profit rises 15.2% to Rs 7,885 crore

During the year, the group's return on equity for its financial services businesses improved marginally to 19.2 per cent from 19 per cent in the previous year

Murugappa Group results: Net profit increases 15.2% to Rs 7,885 cr

The Murugappa Group has reported a 15.2 per cent jump in its profit after tax for the year ending March 31, 2024 at Rs 7,885 crore. The city-based diversified conglomerate had reported a profit after tax of Rs 6,846 crore during the corresponding period of last year. The group turnover for the year ending March 31, 2024 rose to 4.9 per cent to Rs 77,881 crore, as compared to Rs 74,220 crore registered year ago. The Earnings before Interest, Taxes, Depreciation and Amortisation grew by 10.8 per cent, to Rs 11,554 crore from Rs 10,426 crore registered in the same period of previous year. In a statement on Monday, the company said the Return on Equity of the financial services business improved marginally to 19.2 per cent in the current year from 19 per cent in previous year. Return on Capital Employed of the manufacturing entities declined to 21. 3 per cent in the current year from 27.9 per cent recorded in previous year. The manufacturing entities of the Group generated a free cas

Omaxe Q1 results: Net loss widens to Rs 147.44 cr on rise in expenses

Realty firm Omaxe Ltd has posted a consolidated net loss of Rs 147.44 crore in the first quarter of this fiscal year on higher expenses. The company's net loss stood at Rs 106.32 crore in the year-ago period. The total income increased to Rs 385.23 crore in the April-June period of this fiscal year, from Rs 220.85 crore in the corresponding period of the previous year, according to a regulatory filing on August 13. Total expenses rose to Rs 542.40 crore in the quarter under review, from Rs 352.39 crore a year ago. Omaxe is one of the leading real estate developers in the country. It has a presence in Delhi-NCR, Punjab, Haryana and Uttar Pradesh.

Birlasoft slips after Q1 PAT drops 16% QoQ to Rs 150 cr

Revenue from operations increased 5.12% QoQ to Rs 1,327.43 crore in Q1 FY25. EBITDA stood at Rs 195.1 crore in Q1 FY25, registering a growth of 1% as compared with Rs 193.1 crore in Q1 FY24

Valor Estate Q1 result: Loss narrows to Rs 13.6 crore on higher expenses

Realty firm Valor Estate Ltd has posted a consolidated net loss of Rs 13.60 crore in the first quarter of this fiscal year on higher expenses and eyes Rs 6,000 crore revenue from joint developments with L&T Realty and Lodha Group. Its net loss stood at Rs 22.54 crore in the year-ago period. Total income rose to Rs 93.12 crore in April-June period of this fiscal year from Rs 8.69 crore in the year-ago period, according to a regulatory filing on Augsut 13. The company's total expenses jumped to Rs 108.99 crore from Rs 33.06 crore. Valor Estate Ltd, formerly DB Realty Ltd, is one of the leading real estate developers in Mumbai, has an existing portfolio of 100 million square fete of real estate, and is focusing on residential and commercial developments. The company said it has "recently executed binding agreements...with L&T Realty and Lodha Group to develop 5.7 million square feet carpet area with Rs 6,000 crore potential revenue to Valor Estate". Shahid Balwa, Vice Chairman ...

Pitti Engineering shares hit new high after stellar Q1; up 89% in 6 months

Pitti Engineering's stock surged up to 5.90 per cent, at Rs 1,378.90 per share on the NSE in Friday's intraday trade

Technology shares in demand; Nifty IT index rises 2%, TCS nears record high

The Nasdaq rose more than 2% on Thursday after July the US retail sales data signalled resilient consumer spending, allaying fears of an imminent recession in the world's largest economy.

Ipca Labs may outpace past 5-year growth ahead, analysts say buy the dips

Shares of Ipca Labs slipped 2.82 per cent to Rs 1312.55 per share on the BSE in Friday's early morning trade

Ramky Infrastructure Q1 results: Net profit declines 33% to Rs 71 cr

Ramky Infrastructure Ltd has reported a 32.6 per cent decline in consolidated profit after tax (PAT) to Rs 70.9 crore for the April-June quarter of this fiscal compared to Rs 105.2 crore in the year-ago period, according to a statement. Revenue from operations rose to Rs 569.1 crore in the first quarter of 2024-25 from Rs 556.7 crore in the year-ago period. "Our financial performance in Q1 FY 2024-25 underscores the strength of our fiscal discipline and strategic foresight. Despite the seasonal economic headwinds, we have maintained a healthy growth trajectory, with significant improvements in our core financial metrics when adjusted for last year's one-time gain," Ramky Group CFO N S Rao said in the statement. "We remain committed to optimizing our capital structure and enhancing shareholder value as we continue to drive sustainable growth," Rao said. The Ramky Group company has completed a wide range of construction and infrastructure projects focusing on industrial infrastructur

Diversified presence, order book to sustain gains for Samvardhana Motherson

While the performance was steady and in line with expectations, most of the revenue growth for the quarter came from acquisitions

Ola Electric Q1 results: Loss widens to Rs 346 cr, revenue at Rs 1,644 cr

The company further announced plans to incorporate its own cell technology into its vehicles starting from Q1 of FY26

SpiceJet Q1 results: Net profit drops 20% to Rs 158 cr due to fewer flights

Airline said it has initiated process of raising Rs 3,000 crore through QIP

Hinduja Global Solution Q1 results: Net profit jumps to Rs 161.5 cr

Business process management firm Hinduja Global Solutions has posted a multifold jump in its consolidated profit to Rs 161.5 crore in the first quarter ended June 30, mainly due to sale proceeds of healthcare business received during the period. The company reported a profit of Rs 16.64 crore a year ago. Without the one-time gain from the sale of the healthcare business, HGS recorded a loss of Rs 57 crore during the reported quarter from continuing operations. The revenue from operations of Hinduja Global Solutions (HGS) declined by 3.6 per cent to Rs 1,091.92 crore in the June 2024 quarter from Rs 1,133.49 crore in the year-ago period. "Profitability in the quarter was adversely impacted due to some one-time costs, and we expect our profitability to improve from Q2 FY2025 onwards. "During the quarter ended June 2025, we received additional payment towards the sale of the healthcare business resulting in net profit of Rs 218.5 crore shown under Profits from Discontinued Operations

Reliance Infrastructure Q1 results: Net loss narrows to Rs 69.47 cr

Reliance Infrastructure Ltd on Wednesday said its consolidated net loss narrowed to Rs 69.47 crore in the June 2024 quarter. It had clocked a net loss of Rs 494.83 crore in the year-ago period, the company said in an exchange filing. The company's total income, however, rose to Rs 7,256.21 crore from Rs 5,645.32 crore a year ago. Its expenses rose to Rs 6,799.30 crore from Rs 6,372 crore in the first quarter of the previous fiscal. Reliance Infrastructure is engaged in the business of providing engineering and construction services for power, roads, metro rail, and other infrastructure sectors.

Jaiprakash Associates Q1 results: Net loss widens to Rs 1,023.44 cr

Debt-ridden Jaiprakash Associates' consolidated net loss has widened to Rs 1,023.44 crore in the first quarter of this fiscal. Its net loss stood at Rs 180.80 crore in the year-ago period. The total income rose to Rs 1,770.66 crore in April-June this fiscal from Rs 1,505.23 crore in the corresponding period of the previous year, according to a regulatory filing. Jaiprakash Associates is into cement, construction, power and real estate businesses. The company is currently facing insolvency proceedings.

Glenmark Pharma Q1 results: Profit increases to Rs 462 cr on strong demand

The drugmaker reported consolidated profit before exceptional items and taxes of Rs 462 crore ($55 million) for the quarter ended June 30, from Rs 203 crore a year ago