Page 42 - Q1 Results

Hero MotoCorp Q1 results: Net profit rises 47.3% to Rs 1,032 crore

Crosses Rs 10,000 crore revenue mark for the first time; posts highest ever Q1 profit

Hindalco Q1 profit surges 25%; Ananya, Aryaman Birla on company' s board

Appoints Ananya Birla and Aryaman Birla on board in non-executive role

NBCC Q1 results: Net profit rises 38% to Rs 107 cr on higher income

State-owned NBCC Ltd on Tuesday reported a 38 per cent increase in its consolidated net profit to Rs 107.19 crore for the first quarter of this fiscal. Its net profit stood at Rs 77.41 crore in the year-ago period. The company's total income rose to Rs 2,197.83 crore in the April-June quarter of this fiscal from Rs 1,974.03 crore in the corresponding period of the previous year, according to a regulatory filing. NBCC is into project management consultancy and real estate business.

Dish TV Q1 results: Net loss at Rs 1.56 cr on decline in revenue

Dish TV India on Tuesday reported a consolidated net loss of Rs 1.56 crore for June quarter 2024-25 impacted by a decline in subscription revenue. The direct-to-home firm had reported a net profit of Rs 20.54 crore in April-June FY24, according to a regulatory filing from Dish TV. Revenue from operation was down to Rs 455.29 crore from Rs 500.16 crore. Total expenses declined 2.71 per cent to Rs 462.56 crore. The expenses include cost of goods and services, personnel cost and other expenses. In the June quarter, Dish TV's subscription revenues were at Rs 306.2 crore as against Rs 397.4 crore in the corresponding period a year ago. However, advertising revenue was up 7.2 per cent to Rs 9.7 crore in the June quarter. Income from marketing and promotional fees also went up by 59.2 per cent to Rs 130.7 crore in the June quarter. Operating revenue was also lower at Rs 455.3 crore as against Rs 500.2 crore a year ago. Dish TV's operating revenue includes subscription revenues, marke

Manappuram Finance Q1 results: Net profit increases 12% to Rs 555 cr

The company's consolidated net profit attributable to owners rose about 12 per cent to Rs 555 crore ($66 million) for the three months ended June 30

SJVN Q1 results: PAT grows 31% to Rs 357 cr on increase in higher income

State-owned hydropower company SJVN on Tuesday posted 31 per cent rise in consolidated net profit at Rs 357.09 crore during June quarter, on account of higher income. It had reported a net profit of Rs 271.75 crore during the April-June period of the preceding financial year, the company said in an exchange filing. The company increased its total income to Rs 958.47 crore during the quarter from Rs 744.39 crore in the year-ago period. Its expenses stood at Rs 476.39 crore as against Rs 362.60 crore in the first quarter last fiscal. SJVN further said that "its board of directors has accorded in-principle approval for monetisation through securitisation of partial future revenue/return on equity of the Nathpa Jhakri Hydro Power Station (NJHPS) of the company." The board has also given in-principal approval to the proposal for dilution of stake in the wholly-owned subsidiary, SJVN Green Energy Ltd, subject to various regulatory approvals. Besides, it has approved designating company

TAC Infosec Q1 results: PAT up 94% at Rs 2.32 cr on rise in customer base

Cybersecurity vulnerability management firm TAC InfoSec on Tuesday reported a 94.45 per cent rise in net profit to Rs 2.32 crore in the June 2024 quarter, mainly due to an increase in customer base and ongoing global market expansion. TAC InfoSec (TAC Security) reported total revenue of Rs 5.14 crore for the April-June quarter of 2024-25, reflecting a year-on-year increase of nearly 94 per cent. TAC Security said it expanded its client base to 590. This growth is complemented by the company's expansion into 55 countries, up from 22 just one quarter ago, it said in a stock exchange filing. "In Q1 FY25, several high-profile global brands, including Salesforce, AutoDesk, Nissan Motors, and Xerox, subscribed to TAC Security products," it said. These new additions to the portfolio, alongside retained giants like Reliance ADA Group and an American Fortune 10 company, reflect the trust and confidence placed by major organisations in the company's cutting-edge cybersecurity offerings, it

Piramal Enterprises Q1 results: Net profit down 64% at Rs 181 crore

The retail AUM, which accounts for 72 per cent of the total AUM, increased by 43 per cent Y-o-Y to Rs 50,000 crore

RattanIndia Enterprises Q1 results: Net profit up three-fold at Rs 851 cr

RattanIndia Enterprises on Tuesday reported over three-fold year-on-year jump in its net profit to Rs 851 crore in three months to June 2024. The company had posted a profit after tax of Rs 178 crore in the first quarter of FY24, RattanIndia Enterprises said in a statement. Its revenue from operations grew 70 per cent to Rs 2,494 crore from Rs 1,472 crore a year ago, it added. The company said it is driving the e-commerce business as one of the largest sellers on Amazon India through its wholly-owned subsidiary Cocoblu Retail Ltd. The revenue of Cocoblu Retail Ltd for Q1 FY25 stood at Rs 1,444 crore, up 19 per cent year-on-year from Rs 1,212 crore in the same quarter of the year earlier, it stated. The business served approximately 2.8 crore orders during the quarter, averaging about 3.6 orders per second, it added. Cocoblu Retail has cumulatively served more than 21 crore orders to date across six product categories, RattanIndia Enterprises said. RattanIndia has a presence in v

Apollo Hospitals Q1 FY25 results: Net profit rises 83% to Rs 305 crore

During the period under review, the company's revenue grew by 15 per cent to Rs 5,086 crore, compared to Rs 4,418 crore during the same quarter last fiscal

PTC India Q1 results: Net profit rises 33% to Rs 189 cr on lower expenses

Power trading solutions provider PTC India on Tuesday posted about 33 per cent rise in its consolidated net profit to Rs 189 crore in the June quarter due to lower expenses. "Consolidated Profit After Tax (PAT or net profit) in Q1-FY25 was Rs 189 crore compared to Rs 143 crore in Q1 FY24, an increase of 33 per cent," a company statement said. The total expenses came down to Rs 4,486.14 crore in the quarter from Rs 4,603.93 crore a year ago. The earnings per share (EPS) of the company increased to Rs 5.87 in Q1 FY25 compared to Rs 4.39 in Q1 FY24. The trading volume was 20.5 BUs (billion units) in Q1-FY25 compared to 20.6 BUs in Q1 FY24. Consulting income for Q1 FY25 stood at Rs 11 crore. The core margin was 3.50 paisa per unit. Manoj Kumar Jhawar, Chairman and Managing Director (Addl Charge) and Director (Commercial & Operation), PTC India, said, "The unusual changes in demand pattern, partly due to extreme weather conditions during the quarter saw high electricity demand and ...

Piramal Enterprises Q1 results: Net profit declines 64% to Rs 181 cr

Piramal Enterprises on Tuesday reported a 64 per cent decline in its June quarter net profit to Rs 181 crore, impacted because of a higher base due to a one-off item last year. The city-headquartered non-bank lender had reported a consolidated net profit of Rs 509 crore in the year-ago period. Its managing director and chief executive Jairam Sridharan said the year-ago performance included a Rs 850 crore benefit from a stake sale in a Shriram Group entity, and added that the performance has been stable in the reporting quarter this year. The core net interest income grew 18 per cent to Rs 807 crore on the back of a 10 per cent increase in the overall assets under management to Rs 70,576 crore, while the net interest margin narrowed to 6.7 per cent from 7.3 per cent in the year-ago period. Sridharan said disbursements were impacted in the June quarter due to regulatory changes around fair practices but exuded confidence that the company will be able to meet its FY25 target of 15 per

Ipca Labs Q1 results: Net profit rises 18% to Rs 192 cr, revenue up 32%

The firm's revenue from operations rose to Rs 2,093 crore, a 32 per cent rise from Rs 1,585 crore reported in Q1FY24

Muthoot Finance posts highest-ever net profit of Rs 1,196 crore in Q1

This growth is a testament to our three-pronged strategy to focus on disbursements, operational efficiency, and maintaining healthy margins, says George Alexander

Aurobindo Pharma hits lifetime high as analysts make bull case on growth

Shares of Aurobindo Pharmaceuticals soared as much as 4.96 per cent, hitting their all time high at Rs 1532.85 per share on the BSE in Tuesday's intraday trade

Ipca Labs Q1 results: Net profit up 18% at Rs 192 cr on robust sales

Ipca Laboratories on Tuesday said its consolidated net profit increased 18 per cent to Rs 192 crore for the first quarter ended June 30, 2024 aided by robust sales in the domestic market. The drug firm had reported a net profit of Rs 163 crore for the April-June period of last fiscal. Revenue from operations rose to Rs 2,093 crore for the April-June quarter, as compared to Rs 1,585 crore in the year-ago period, Ipca Laboratories said in a regulatory filing. The drug firm said domestic formulations income rose 12 per cent year-on-year to Rs 873 crore in the first quarter. Exports income, however, declined 4 per cent year-on-year to Rs 591 crore during the June quarter, the company said. Shares of Ipca Laboratories on Tuesday closed 1.33 per cent up at Rs 1,400 apiece on the BSE.

Senco Gold Q1 results: Net profit up 85% at Rs 51 cr on higher revenue

Senco Gold Ltd reported a net profit of Rs 51.27 crore for the first quarter of the current fiscal (April-June 2024), marking an 85.4 per cent increase on the back of higher revenue. The Kolkata-based gold and diamond jewellery chain saw a 7.5 per cent year-on-year growth in consolidated revenue, reaching Rs 1,403.89 crore for the quarter ended June 30. The company's EBITDA surged by 61.8 per cent to Rs 108.74 crore during the quarter, the company informed bourses. The jewellery retailer expanded its footprint by opening six new showrooms, bringing its total count to 165, including one in Dubai. Retail sales grew 9.6 per cent year-on-year, while same-store sales growth stood at 4 per cent. Senco Gold MD and CEO Suvankar Sen said, To enhance domestic value addition in gold and precious metal jewellery, the government of India has reduced customs duties on gold and silver to 6 per cent, and on platinum to 6.4 per cent from the earlier 15 per cent." He said, "This reduction is expect

Samvardhana Motherson Q1 results: Net profit rises 69.3% to Rs 1,097 cr

Auto components major Samvardhana Motherson International Ltd on Tuesday reported a 69.3 per cent jump in consolidated net profit at Rs 1,097.18 crore in the first quarter ended June 30, 2024, driven by strong revenue growth. The company had posted a profit of Rs 648.12 crore in the same quarter last fiscal, Samvardhana Motherson International Ltd (SAMIL) said in a regulatory filing. Total revenue from operations in the quarter under review stood at Rs 28,867.96 crore as compared to Rs 22,462.18 crore in the year-ago period, it added. Total expenses in the first quarter were higher at Rs 27,601.7 crore as compared to Rs 21,629.09 crore in the same period a year ago, the company said. "The company has delivered robust quarterly performance despite flat industry volumes," Motherson Chairman Vivek Chaand Sehgal said. He further said all announced acquisitions have been successfully integrated and have started to contribute positively and their full potential will be realised in the .

Godrej Industries Q1 results: Profit up 81% at Rs 322 cr on higher income

Business conglomerate Godrej Industries Ltd on Tuesday reported an 81 per cent increase in consolidated net profit at Rs 322.49 crore for the April-June quarter of 2024, on higher income. Its net profit stood at Rs 178.06 crore in the year-ago period. Total income increased to Rs 5,259.41 crore in the April-June period of 2024-25 fiscal, from Rs 4,893.40 crore in the corresponding period of the previous year, according to a regulatory filing. Godrej Industries has presence in chemicals, estate management (real estate), finance & investments. On business performance of its subsidiaries, joint ventures and associate companies, Godrej Industries said the consolidated sales of Godrej Consumer Products Ltd (GCPL) stood at Rs 3,311 crore in the first quarter of this fiscal. Godrej Properties' total Income grew to Rs 1,638 crore in April-June period of this fiscal, from Rs 1,315 crore in the year-ago period. Godrej Agrovet's total income declined to Rs 2,360 crore in the period under ..

Patel Engineering Q1 results: Net profit jumps 26% to Rs 48.17 cr

Patel Engineering Ltd on Tuesday reported a 25.81 per cent rise in its consolidated net profit to Rs 48.17 crore in the April-June quarter of 2024. It had posted a Rs 38.29 crore net profit from operations during the year-ago period, the company said in an exchange filing. The company's revenue from operations declined by 1.52 per cent to Rs 1,101.66 crore in the June quarter. It was at Rs 1,118.61 crore in the year-ago period. Patel Engineering's Managing Director Kavita Shirvaikar said, "Our focus remains on delivering long-term value for our stakeholders while continuously enhancing operational efficiency and output." "With this strong foundation in place, we are poised to build a brighter future for Patel Engineering Limited and creating lasting value for India's infrastructure development," she added. The Mumbai-based engineering, procurement, and construction firm has a strong presence in tunnels and underground works for hydroelectric and dam projects.