Page 54 - Q1 Results

IOCL Q1 result: Net profit falls 75% to Rs 3,528 cr on low refining margins

Lower gross refining margins, higher expenses pulled down revenue to Rs. 2.19 Trillion

Exide Q1FY25 results: PAT rises 16% to Rs 280 cr, revenue up at Rs 4,313 cr

Battery maker Exide Industries on Tuesday said its profit after tax increased 16 per cent to Rs 280 crore for the first quarter ended June 30, 2024. The company had reported a profit after tax of Rs 242 crore in the April-June quarter of the preceding fiscal. Its revenue from operations rose to Rs 4,313 crore for the June quarter compared to Rs 4,073 crore in the year-ago period, Exide Industries said in a regulatory filing. "Both automobile and industrial verticals have delivered growth in the current quarter, and near-term drivers are promising," Exide Industries MD and CEO Avik Roy said. Despite rising raw material prices, cost optimisation initiatives led to lower cost of production and gross margin improvement, he added. "In our lithium-ion project, onsite construction and installation of production line equipment is currently underway," Roy said. Shares of Exide Industries ended 3.54 per cent down at Rs 532 apiece on the BSE.

Colgate shares settle 5% higher after hitting all-time high on Q1 earnings

The company said the quarter witnessed continued demand pickup in rural markets outpacing growth in urban markets for the second quarter in a row

Force Motors Q1 results: Net profit jumps 69% to Rs 116 cr on high demand

Force, which manufactures commercial vehicles (CV), including vans, school buses and ambulances, reported a 27 per cent rise in revenue to Rs 1,885 cr during q1, driven by a 10 per cent jump in sales

Indian Oil Q1FY25 results: PAT plunges 81% to Rs 2,643 cr on low margins

IOC's average gross refining margin - the profit from making refined products from one barrel of oil - fell to $6.39 per barrel from $8.34 per barrel a year ago

Stock Market Highlights, July 30: Benchmarks end flat; Smallcap stocks shine

Stock Market Highlights on Tuesday, July 30, 2024: Among the broader indices, small-cap stocks outperformed the others with the BSE Smallcap index settling at 55,411, up 0.88 per cent

Pizza Hut India operator misses Q1 estimates on weak demand, surging costs

India's quick-service chains have been struggling to attract customers amid persistent inflation, which remained around 5 per cent during the quarter

Q1 preview: What to expect from Bank of Baroda results on July 31? Details

Bank of Baroda Q1 results 2025: Bank of Baroda's Q1 FY25 net profit may fall up to 16 per cent Q-o-Q

Shares of oil marketing companies rally up to 6%; BPCL, HPCL at new highs

According to HPCL, India's ambitious goal of expanding road connectivity, manufacturing, and construction activities is expected to support economic growth and further drive oil consumption in India.

M&M Q1 Preview: Analysts eye strong revenue growth; Ebitda to rise upto 23%

Most of the brokerages expect M&M's profit to fall up to 15 per cent in Q1FY25.

NTPC stock soars 5%, market-cap crosses Rs 4 trillion; here's why

At 10:03 am; with Rs 3.96 trillion market cap NTPC stock was trading 3.6 per cent higher at Rs 408 on the BSE.

Maruti Suzuki Q1 Preview: Profit may jump up to 37% YoY, revenue around 9%

Maruti Suzuki Q1 2024 results: Investors will eye margin trajectory amid commodity pressures, elevated discounting.

Colgate Palmolive India Q1FY25 results: Net profit up 33% at Rs 364 cr

FMCG major Colgate-Palmolive India on Monday reported 33 per cent rise in net profit at Rs 363.98 crore for the first quarter ended June 2024, helped by a demand pickup and good performance of products. The oral hygiene product maker had posted a net profit of Rs 273.68 crore in April-June FY24, according to a regulatory filing from Colgate-Palmolive India Ltd (CPIL). Sales were up 13 per cent to Rs 1,485.76 crore during the quarter under review as against Rs 1,314.73 crore in the corresponding period a year ago. "The quarter witnessed continued demand pickup in rural markets outpacing growth in urban markets for the second quarter in a row. Led by this and good all-round performance of toothpaste, toothbrush and personal care, domestic revenues grew by 12.8 per cent year-on-year for the quarter,"said CPIL in its earning statement. Total expenses in June quarter was up 8.46 per cent to Rs 1,030.86 crore. Total income, which includes other income also, was at Rs 1,520.11 crore, up

Adani Total Gas Q1 results: PAT up 15% to Rs 172 cr on strong CNG demand

The Adani group company's consolidated profit rose 15% to Rs 172 crore (around $21 million) in the three months ended June 30, marking its sixth straight rise in quarterly profit

Q1 results: Adani Wilmar swings back into Rs 313 crore net profit

Edible oil registered strong volume growth of 12 per cent YoY and surpassed one million tonnes in the quarter and its food & FMCG sales crossed Rs 1,500 crores in Q1

ICICI Bank share price target: Stock should re-rate post Q1, say analysts

ICICI Bank share price today: Shares of ICICI Bank rose 2.8 per cent to an intraday high of Rs 1,242.45 per share

HPCL Q1 results: Net profit tanks 90% to Rs 634 cr on low refining margins

Gross refining margins fell to $5.03 per barrel even as market sales rose

Indian Bank Q1 FY25 results: Net profit rises 41% to Rs 2,403 crore

Its operating profit improved by 9 per cent year-on-year (Y-o-Y) to Rs 4,502 crore in June 2024 from Rs 4,135 crore in June 2023

HPCL Q1 result: PAT down 90% at Rs 633.94 cr as refining, fuel margin fall

State-owned Hindustan Petroleum Corporation Ltd (BPCL) on Monday reported a massive 90 per cent drop in net profit in the June quarter, as refinery margins fell and a fuel price reduction slashed marketing margins. HPCL reported a consolidated net profit of Rs 633.94 crore in April-June -- the first quarter of the current 2024-25 fiscal year -- compared to a profit of Rs 6,765.50 crore a year back, according to a stock exchange filing by the company. Net profit also declined sequentially, when compared to an earning of Rs 2,709.31 crore in the January-March period. Pre-tax earnings from downstream fuel retailing businesses slumped 90 per cent to Rs 907.86 crore. The company and other state-owned fuel retailers -- Indian Oil Corporation (IOC) and Bharat Petroleum Corporation Ltd (HPCL) -- had last year made extraordinary gains from holding petrol and diesel prices despite a drop in cost. The price freeze was justified in the name of recovering losses BPCL and other two retailers ha

Strides Pharma reports profit of Rs 68.3 crore in Q1, revenue up 16%

As per the company statement, US revenues for Strides in Q1 FY25 stood at a quarter-high of $70 million (about Rs 586 crore)