Zomato's revenue surged 74 per cent to Rs 4,206 crore in the quarter, beating analysts' estimates of Rs 3,928 crore, per LSEG data
'The country's demand environment remains challenging, marked by high food inflation and unemployment rate,' says the FMCG firm
The company is actively exploring opportunities to undertake transmission projects on BOOM model for RE developers, distribution licensees, and bulk consumers with advanced discussions underway.
SBI Q1 results 2024: As per six brokerage estimates, SBI Q1 profit may move in the range of -4 per cent to +2 per cent year-on-year
The realty firm's revenue from operations stood at Rs 1,862.1 crore in Q1 FY25 against Rs 1,680.9 crore in the corresponding period last year
The automaker's earnings soared to Rs 3,759.7 crore, up from Rs 2,542.9 crore in the April-June quarter of the previous year. That surpassed Bloomberg's consensus forecast of Rs 3,272 crore
Analysts expect hospital chains in the region to benefit from the acute flu season that, apart from coinciding with the June quarter, is known to bring diseases such as dengue and malaria
India's private sector must utilise government's recently announced schemes, such as support to employers in creating roles for first-time employment and increasing new hires, to propel the country's economy over the next decade, Mahindra Group Chairman Anand Mahindra said on Wednesday. Addressing shareholders at the annual general meeting of Mahindra & Mahindra Ltd (M&M), he reiterated that growth and prosperity must be driven by job creation and it is a collective responsibility of the private sector and the government and broad-based effort is essential for generating employment. He also asserted that increasing employment and skilling are key national priorities, as emphasised by Finance Minister Nirmala Sitharaman in her Budget 2024-25 speech. "While India stands to benefit from the re-orientation of global supply chains in the post-pandemic world, our growth and prosperity must be driven by job creation. It is a collective responsibility, and the Indian private sector ...
Adani Group firm Ambuja Cements Ltd on Wednesday reported a consolidated net profit at Rs 789.63 crore for the first quarter ended on June 2024. The company had reported a net profit of Rs 1,135.46 crore in the April-June period a year ago, according to a regulatory filing by Ambuja Cements Ltd (ACL). Its revenue from operations was at Rs 8,311.48 crore during the June quarter compared to Rs 8,712.90 crore in the corresponding period last fiscal. According to ACL, the financial results for the current quarter, preceding quarter and FY24, also include the financial results of Sanghi, which was acquired in August last year. It also has results of ACCPL (Asian Concretes and Cements Pvt Ltd) ), which was acquired by its subsidiary ACC. "The results for the current quarter, preceding quarter and FY24, are not comparable with the quarter ended June 30, 2023, to that extent," it said. Total expenses in the June quarter were at Rs 7,566.91 crore. The total Income of ACL, which also inclu
Total income declined to Rs 15,474 cr in the April-June quarter of 2024-25 from Rs 18,109 cr in the same quarter of the last year
PAT excluding last yr's one-off gains rises 20%
Action Construction Equipment Ltd on Wednesday reported a 24 per cent rise in consolidated profit after tax (PAT) at Rs 84.57 crore in the April-June quarter of this financial year, mainly on account of higher income. It had reported a PAT of Rs 67.57 crore during the April-June period of the preceding 2023-24 fiscal, the construction equipment maker said in an exchange filing. The total income also increased to Rs 761.81 crore, up 14 per cent from Rs 667.85 crore a year ago. "The company has maintained its growth momentum in the first quarter of the current fiscal year. The company has been able to deliver its best ever quarterly performance in Q1 FY25," Action Construction Equipment Executive Director Sorab Agarwal said. The company garnered a revenue of Rs 690.67 crore from the cranes, construction equipment and material handling segment, while its agri-equipment division earned a revenue of Rs 42.96 crore. Action Construction Equipment Ltd is among India's leading material ...
Weak demand weighed on steel prices, says firm's CEO & MD
The housing market, especially in the premium segment, has seen continued growth in the past few quarters, with higher-end buyers remaining unfazed by inflationary pressures
Redington's operations from rest of the world (ROW) segment, which operates in 31 countries, including Rwanda, Oman and Turkey, and contributes nearly 50 per cent to its revenue has been in pressure
India's general elections, and an extreme summer season spanning the April-June period, restricted construction activities and hit sales volumes for cement makers
Sequentially, the profit declined from Rs 4,886 crore in Q4FY24. Bank's stocks closed 0.94 per cent lower at Rs 253.85 on Wednesday
World's biggest rice exporter imposed various curbs on exports in July last year and continued them in 2024 in an effort to keep local prices in check ahead of the general elections held in April-May
The earnings before interest, depreciation, and taxes (EBITDA) for the quarter were at Rs 223.06 crore as against Rs 197.66 crore during the same period in the previous year
5 of Coal India's 7 subsidiaries met production targets in Q1, but none met offtake goals