Page 51 - Q1 Results

Britannia Q1 results: Net profit rises to Rs 506 crore, misses estimates

Analysts, on average, had expected a profit of 5.36 billion rupees, according to data from LSEG

NIIT Q1FY25 results: PAT rises to Rs 7.75 cr, revenue up 32% at Rs 82.47 cr

Talent development company NIIT on Friday reported a three-fold rise in its consolidated net profits at Rs 7.75 crore in the June 2024 quarter. It had reported a net profit of Rs 2.18 crore in the year-ago period. Revenue from operations for the quarter under review came in at Rs 82.47 crore, up 31.86 per cent from Rs 62.54 crore in the corresponding quarter of the previous fiscal. Seen sequentially, revenue grew 10.93 per cent, but net profit declined 30.5 per cent. "The growth was driven by expansion in number of customers across private banks, GCCs, Tier II GSIs and large Indian enterprises. All round growth in the business led by 94 per cent YoY growth in BFSI and other programmes and technology programmes up 13 per cent YoY. BFSI & other programmes contributed 34 per cent of revenue in the quarter," the company said in a statement. NIIT vice chairman and managing director Vijay K Thadani, during the company's earnings press conference, said the revenue is in harmony with ...

CAMS Q1 results: Net profit rises 42% to Rs 108 cr, revenue up 27%

Registrar and transfer agent for mutual funds CAMS on Friday reported 42 per cent jump in profit after tax (PAT) at Rs 108.21 crore for the three months ended June 2024. The company had logged a PAT of Rs 76.34 crore in the year-ago period, Computer Age Management Services Ltd (CAMS) said in a statement. Revenue surged 27 per cent to Rs 331.40 crore in April-June FY25 from Rs 261.3 crore in the year-ago period. "Overall, the company's assets under service crossed the Rs 40 lakh crore milestone on the back of solid performance of equity assets, which grew at 55 per cent year-on-year and 11 per cent quarter-on-quarter," Anuj Kumar, Managing Director of CAMS, said. CAMS is India's largest registrar and transfer agent of mutual funds with an aggregate market share of 68 per cent based on mutual fund average assets under management (AAUM).

GSK Pharmaceuticals Q1 results: Net profit jumps 38% to Rs 182.33 crore

The company had posted a consolidated net profit of Rs 132.25 crore in the same quarter last fiscal, GlaxoSmithKline Pharmaceuticals (GSK Pharma) said in a regulatory filing

Hindustan Zinc Q1FY25 results: Net profit rises 19% to Rs 2,345 cr

Vedanta group firm Hindustan Zinc Ltd (HZL) on Friday reported 19.3 per cent rise in consolidated net profit at Rs 2,345 crore for June quarter FY25. The company had posted a net profit of Rs 1,964 crore for the year-ago period. Income rose to Rs 8,398 crore from Rs 7,564 crore in the year-ago period, HZL said in a filing to BSE. Hindustan Zinc is the world's second-largest integrated zinc producer and the third-largest silver producer. The company supplies to more than 40 countries and holds a market share of about 75 per cent of the primary zinc market in India.

Saregama Q1 FY25 results: Revenue jumps 26% Y-o-Y to Rs 205.3 crore

During the quarter that ended on June 30, the company launched over 330 original recreations in various languages including Hindi, Bhojpuri, Gujarati, Punjabi, Tamil, among others

Zomato stock price can jump 33% from here, say analysts. Check key reasons

Zomato share price today: Zomato share price surged 19 per cent to a fresh record high of Rs 278.45 per shar intraday. Nearly 418.73 million shares changed hands on the counter on NSE & BSE on Friday

ITC share price target raised: Up to 17% upside expected on steady cig biz

ITC share price today: Analysts expect legal cigarette players to gain market share from illegal player. ITC could be a key beneficiary

GHCL stock up 12% day after dip in Q1 net; here's what triggered the rally

GHCL has been allotted 6,449 hectares of land in Kutch for salt production on a 30-year lease; stock up 40 per cent so far in FY25.

Adani Enterprises Q1 results: Net profit rises 116% to Rs 1,455 cr

Consolidated net profit rose to Rs 1,455 crore for quarter ended June 30, from Rs 674 crore a year ago, the company, which is the flagship firm of the Adani Group, said in an exchange filing

Tata Motors Q1 FY25 results: Net profit jumps 74% to Rs 5,566 crore

The revenue from operations for the April-June quarter was up 5.7 per cent to Rs 107,316 crore

ITC Q1 FY25 results: Net profit down marginally, revenue rises 7.5%

In the agri business, cost escalation in leaf tobacco and other agri-commodities weighed on margins during the quarter

Sun Pharma Q1 results: Profit zooms 40% on robust global specialty sales

On a sequential basis, the company exhibited a 6.8 per cent rise in net profit, while its revenue grew by 5.5 per cent, from Rs 2,655 crore and Rs 12,380.7 crore reported in Q3 FY24, respectively

Strong volume growth, lower costs positive for Coal India's outlook

While operating profit margins are likely to normalise over the next two fiscals, the net profit estimates are being upgraded by analysts on the basis of higher OBR reversals

Suryoday Small Finance Bank Q1 results: Net profit rises 47% to Rs 70 cr

Suryoday Small Finance Bank on Thursday reported a 47 per cent rise in net profit at Rs 70 crore in the first quarter ended June 2024 due to decline in bad loans. The bank had posted a net profit of Rs 48 crore in April-June period of previous year. Total income in the first quarter of the current fiscal rose to Rs 558 crore as against Rs 409 crore a year ago, Suryoday Small Finance Bank said in a regulatory filing. The lender's interest income also increased to Rs 488 crore from Rs 358 crore in the same quarter a year ago. The bank's net interest income (NII) grew by 30.5 per cent to Rs 293 crore in the first quarter of current financial year, it said. Gross Non Performing Assets (NPAs) declined to 2.77 per cent of the gross advances by June 2024 from 3 per cent in the same quarter a year ago. The net NPA too declined to 0.4 per cent as against 1.6 per cent in the same period of the previous year. The capital adequacy ratio of the bank declined to 27.27 per cent at the end of J

FMCG company Dabur rural business continues to outpace urban in Q1

Harsh summers, cola price wars play spoilsport for juice segment

Max Healthcare Q1 results: Net profit drops 1.6%, revenue up by 20%

Max to invest Rs 230 crore to set up 250 bed hospital in Mohali

Aditya Birla Capital Q1 FY25 results: Net profit rises 16.7% to Rs 758 cr

The disbursements of Aditya Birla Housing Finance Company grew by 89 per cent Y-o-Y to Rs 3,068 crore in Q1 FY25

Zomato Q1 results: Profit jumps multifold to Rs 253 cr; revenue soars 74%

Zomato's revenue from operations rose 74 per cent year-on-year (Y-o-Y) to Rs 4,206 crore in Q1, up from Rs 2,416 crore a year ago

Thermax Q1 results: Net profit jumps 82% to Rs 109 cr, revenue up 13%

Energy and environment solutions provider Thermax on Thursday posted an 82 per cent jump in its consolidated net profit to Rs 109 crore as against Rs 60 crore in the same period last year mainly due to higher revenues. The company reported consolidated operating revenue of Rs 2,184 crore in the first quarter of FY25, registering a 13 per cent increase compared to Rs 1,933 crore in the same quarter of the previous fiscal, according to a company statement. The order booking for the quarter stood at Rs 2,569 crore as against Rs 2,567 crore in the corresponding period a year ago. The board has approved an additional equity investment of USD 2.8 million in Thermax (Thailand) Limited, a step-down subsidiary of the company through Thermax Engineering Singapore Pte Ltd. (TESPL), a subsidiary of the company. The board has approved the issuance of a guarantee for an amount not exceeding USD 4 million on behalf of Thermax (Thailand) Limited. During the quarter, Thermax unveiled a manufacturi