Page 41 - Q1 Results

Reliance Power Q1FY25 results: Net loss narrows to Rs 97.85 crore

Other income was Rs 76.95 crore compared with Rs 36.90 crore in the same quarter the previous year, a more than two-fold increase

Orient Green Power Q1 results: Net profit jumps over 40% to Rs 13 cr

Orient Green Power Company on Wednesday posted over 40 per cent rise in its consolidated net profit to Rs 13.05 crore in the June 2024 quarter. The company reported a consolidated net profit of Rs 9.29 crore in the quarter ended on June 30, a BSE filing showed. Its total income rose to Rs 68.39 crore in the quarter from Rs 67.82 crore a year ago. Orient Green Power Managing Director and CEO T Shivaraman, in a statement, said the current quarter is a moderate one in terms of generation. The delayed onset of wind at certain locations resulted in a marginal year-on-year reduction in revenues during the quarter. However, he further stated that this is expected to be made up in the upcoming quarters. The approval of One Time Settlement (OTS) from the NCLT, Mumbai during the quarter contributed to the profits from discontinued operations, Shivaraman said. "We have received the approvals for raising capital of about Rs 250 crore through a rights issue, and the issue is expected to open

Reliance Power Q1 results: Net loss narrows to Rs 98 cr on improved income

Reliance Power on Wednesday said its consolidate loss narrowed to Rs 97.85 crore during the June 2024 quarter, on account of improved income. It had reported a loss of Rs 296.31 crore in the April-June period of the preceding 2023-24 financial year, the company said in a regulatory filing. The company increased its income to Rs 2,069.18 crore from Rs 1,951.23 crore in the year-ago period. Shares of the company closed 2.01 per cent down at Rs 29.77 apiece on the BSE. Part of Reliance Group, the company has close to 6,000 MW of operational power generation assets.

Switzerland's UBS Q1 results: Net profit rises to $1.1 bn, shares up 3.6%

The net profit of $1.1 billion for the April-June period beat the $528 million forecast in a company-provided poll

Ola Electric Q1 results: Net loss widens to Rs 347 cr, hurt by price cuts

The company, which made its trading debut last week, said its loss widened to Rs 347 crore ($41.4 million) in the April-June quarter from Rs 267 crore

SpiceJet Q1 results: Net profit drops 26.7% to Rs 150 cr on fewer flights

The company reported a profit of Rs 150 crore ($17.9 million) for the quarter ended June 30, down 26.7% from last year

EID-Parry Q1 results: Net loss widens to Rs 78.59 cr on high inventory cost

The company reported a loss of Rs 78.59 crore ($9.4 million) in the April-June quarter, compared to a loss of Rs 45.77 crore a year ago

Salasar Techno Engineering Q1 results: Net profit rises 3.5% to Rs 10.49 cr

EPC player Salasar Techno Engineering Ltd on Wednesday reported a nearly 3.5 per cent rise in consolidated net profit to Rs 10.49 crore in June, on account of higher income. It had posted a net profit of Rs 10.14 crore in the April-June period of the preceding financial year, the company said in a regulatory filing. The company increased its total income to Rs 295 crore in the June quarter from Rs 262 crore a year ago. During the quarter, its expenses stood at Rs 280 crore against Rs 248 crore in the first quarter of FY24. Salasar Techno Engineering Ltd is a steel structure manufacturer and EPC infrastructure company, providing services across telecom, energy and railways.

Shriram Properties Q1 results: Net profit rises 5% to Rs 17.46 cr

Realty firm Shriram Properties on Wednesday reported a 5 per cent increase in its consolidated net profit to Rs 17.46 crore for the quarter ended June on higher income. Its net profit stood at Rs 16.62 crore in the year-ago period. Total income rose to Rs 210.90 crore in the April-June period of this fiscal from Rs 157.17 crore in the corresponding period of the previous year, according to a regulatory filing. The company also appointed Ravindra Kumar Pandey as Chief Financial Officer and elevated Rajesh Yashwant Shirwatkar as Deputy Chief Financial Officer. Shriram Properties reported sales volumes of 0.70 million square feet and sales values of Rs 376 crore during the first quarter of this fiscal year. Commenting on the performance, Murali M, CMD, Shriram Properties said, "Our strong market presence and success of our strategic initiatives give us confidence in maintaining growth and delivering on promises in the years to come." "Our solid project pipeline, a strong execution .

Stock Market Highlights, Aug 14: Benchmarks end up; IT shines, Metals slip

Stock market Update on Wednesday, August 14: The US market gained as PPI-based inflation dipped more than expected raising bets of September rate cut.

Hindustan Aeronautics Q1 results: Net profit jumps 77% to Rs 1,437 cr

The state-owned fighter jet manufacturer and maintenance firm said its consolidated net profit rose to Rs 1,437 crore ($171 million) in the quarter ended June 30

Black Box Q1 result: Net profit up 55% at Rs 37 cr on improved deal margins

Revenue from operations declined by 9 per cent, falling to Rs 1,423 crore compared to Rs 1,571 crore in the corresponding quarter of the previous year

This smallcap firm zoomed over 18% in a day post Q1 show; revenues rise 29%

Shares of Kirloskar Industries surged up to 18.52 per cent, at Rs 6,249 a piece on the BSE in intraday deals

Marksans Pharma stock zooms 16% to hit record high on strong Q1 results

The US & North America Formulation biz reported growth of 29.8% YoY in Q1FY25, on account of incremental revenue from new product launches, and increase in the share of existing customers.

Allcargo Logistics Q1 results: Net profit down 97% at Rs 3.36 crore

Allcargo Logistics standalone net profit nosedived 97 per cent to Rs 3.36 crore in the June quarter of the current fiscal. The company's net profit was Rs 198.26 crore in the corresponding period of last year, according to a regulatory filing. Income from operations for the quarter under review, however, rose 46 per cent year-on-year to Rs 526.47 crore from Rs 360.26 crore in Q1 FY24, as per the filing. Global events coupled with high demand across trade lanes during the second quarter of 2024 (calendar year) have led to improved volumes and increased freight rates, the company said. The demand is expected to continue through the peak season until the end of the year, the company said in a statement. The LCL (less-than-container load) volume for the June quarter stood similar to the same quarter last year at 2.25 million CBM (cubic meter) while FCL (full container load) volume stood at 1,56,000 TEUs, up 9 per cent on a y-o-y basis, it said. The company said its contract logistics

Yatharth Hospitals Q1FY25 result: Net profit up 60%, revenue rises 37%

The company reported 9 per cent on-year increase in its average revenue per occupied bed (Arpob) at Rs 30,551 in Q1FY25, with bed occupancy rising to 61 per cent in Q1 from 51 per cent last year

PC Jeweller hits 52-week high on staging turnaround in Q1; revenue up 158%

Shares of PC Jeweller surged up to 4.42 per cent, hitting its 52-week high at Rs 99.46, a piece on the BSE in intraday deals

Ashoka Buildcon Q1 net soars 148%, order book at Rs 10K cr; stock trades up

Ashoka Buildcon stock update: The stock had gained over 4 per cent in intra-day deals; but soon pared gains. Total income increased by 22 per cent in Q1FY25.

Nykaa shares jump 6% after strong Q1 show; net profits grow 152% YoY

Shares of FSN E-Commerce Ventures soared as much as 5.76 per cent at Rs 197.35 per share on the BSE in Wednesday's intraday trade

Q1FY25 results today: Glenmark Pharma among over 400 firms to post earnings

Q1FY25 company results: Cosco India, Bajaj Healthcare, Reliance Infrastructure, and Coffee Day Enterprises will be releasing their quarter results on Aug 14