Page 75 - Q1 Results

Sula Vineyards posts Q1 profit rise of 24.4% on premium wine demand

Shares of Sula Vineyards settled 1.3% higher ahead of the results. It gained 24.78% in the June quarter, and has risen 35.7%% since its market debut in December

Schneider Electric Infrastructure profit rises to Rs 35 crore in Q1

Schneider Electric Infrastructure on Wednesday posted a 32 per cent rise in net profit to Rs 34.92 crore in the June quarter primarily on the back of higher revenues. The company had registered a net profit of Rs 26.52 crore in the year-ago quarter, it said in a BSE filing. The total income of the company rose to Rs 497.57 crore in the first quarter of the current fiscal from Rs 371.98 crore a year ago. The Board of Directors in their meeting on Wednesday approved the appointment of Suparna Banerjee Bhattacharyya as the Chief Financial Officer (CFO) and key managerial personnel of the company with immediate effect. Before joining Schneider Electric, she was associated with Horiba India Pvt Ltd as the CFO and head of operations. Bhattacharyya has also worked with Gap International Sourcing (India) Pvt Ltd, Schlumberger, and Bata India. She has 25 years of experience and has managed India and SAARC regions in her previous roles, Schneider said.

Abbott India posts 41% rise in Q1 profit at Rs 29 crore on strong sales

The company has reported a double-digit growth in its revenue for the past three quarters, led by falling operating expenses and steady sales

APM Terminals Pipavav consolidated profit rises 14% to Rs 68 cr in Q1

APM Terminals Pipavav on Wednesday reported a 14 per cent growth in consolidated net profit to Rs 67.82 crore for the June quarter. The company had posted a consolidated net profit of Rs 59.33 crore in the year-ago period, APM Terminals Pipavav, earlier known as Gujarat Pipavav Port Ltd, said in a statement. Revenue from operations for the first quarter of the ongoing fiscal was Rs 214.91 crore as against Rs 206.55 crore a year ago, it said. Earnings Before Interest, Taxes, Depreciation and Amortisation (EBITDA) for the June quarter was Rs 105.84 crore as against Rs 111.64 crore a year back, the private port operator said. The container volume during the quarter grew 7 per cent to 1,99,000 Twenty-Foot Equivalent Units (TEUs), while the dry bulk volume fell 28 per cent to 0.67 million MT. The liquid volume was up 29 per cent at 0.26 million MT in the quarter under review while volume under Roll-on-Roll-off (Ro-Ro) surged 118 per cent to 14,000 units against 6,000 units a year ago,

Sugar manufacturer EID Parry reports consolidated Q1 PAT at Rs 324.90 cr

Sugar manufacturer EID Parry (India) Ltd has reported a decline in its consolidated profit after tax for the April-June 2023 quarter at Rs 324.90 crore due to reduction in export volume, the company said on Wednesday. The company, part of the diversified conglomerate Murugappa Group, had registered a consolidated PAT at Rs 494.19 crore during the corresponding period of last year. For the year ending March 31, 2023, the consolidated profit after tax was at Rs 1,827.74 crore. The consolidated total income during the April-June 2023 quarter slipped to Rs 7,015.27 crore, from Rs 7,206.14 crore registered in the same period of last year. For the full year ending March 31, 2023, the consolidated total income was at Rs 35,283.02 crore. The sugar division reported an operating loss of Rs 129 crore as compared to a loss of Rs 9 crore reported in the same period of last year. The farm inputs division reported an operating profit of Rs 727 crore as against Rs 689 crore registered in the sa

Tata Power Q1 net profit rises 29% to Rs 1,141 cr on higher revenues

Tata Power on Wednesday posted an over 29 per cent rise in consolidated net profit at Rs 1,140.97 crore in the June quarter on the back of higher revenues. The company had reported a net profit of Rs 883.54 crore in the year-ago quarter, according to a BSE filing. Total income rose to Rs 15,484.71 crore in the quarter under review from Rs 14,638.78 crore a year ago. "We have delivered a 15th consecutive quarter of PAT (Profit After Tax) growth on the back of strong performance across all business clusters. "This is the result of our effective strategies, operational efficiencies, and execution excellence driven by our committed workforce," Praveer Sinha, CEO & MD of Tata Power, said in a statement. Further, he stated that we have planned nearly Rs 12,000 crore of capex for the current financial year which would help us lead the green energy transition and in the growth opportunities in the transmission and distribution business. "Tata Power is well poised to develop ...

Force Motors posts Q1 profit on strong demand boosted by rise in demand

Revenue rose 53.2% to Rs 148.8 cr

JB Chemicals & Pharmaceuticals PAT grows 35% to Rs 142 crore in Q1

JB Chemicals & Pharmaceuticals Ltd on Wednesday reported a 35 per cent increase in profit after tax at Rs 142 crore in the first quarter ended June 30, 2023. The company had posted a Profit After Tax (PAT) of Rs 105 crore in the same quarter last fiscal, JB Chemicals & Pharmaceuticals (JB Pharma) said in a statement. Revenue in the quarter under review stood at Rs 896 crore as against Rs 785 crore in the year-ago period, a growth of 14 per cent, it added. Domestic formulations business stood at Rs 489 crore, a growth of 17 per cent. Revenue from international business crossed the Rs 400 crore mark for the first time in a quarter, the company said. "Our domestic business continued its growth trajectory through strong momentum in our chronic portfolio and acquired assets. Our big brands, especially in the chronic segment, continue to outpace the market and have reached new milestones," JB Pharma CEO and Whole Time Director Nikhil Chopra said. The CDMO (Contract Development and ..

Data Patterns (India) Ltd reports 81.7% rise in Q1 PAT at Rs 25.38 cr

Data Patterns (India) Ltd has reported an 81.7 per cent jump in its April-June 2023 profit after tax at Rs 25.83 crore, the company said on Wednesday. The city-based, integrated defence and aerospace electronics solutions provider, has reported a profit after tax at Rs 14.21 crore during the corresponding quarter of previous year. Total revenue during the quarter under review grew to Rs 101.30 crore from Rs 70.08 crore registered in the same period of last year. The company's Earnings before Interest, Tax, Depreciation and Amortisation (operational EBITDA) during the quarter under review increased by 31 per cent, to Rs 27.83 crore from Rs 21.25 crore registered in the same quarter of last financial year. "We are pleased to announce another strong quarter with impressive results. I am also happy to share that out of the Rs 500 crore raised in QIP, we have started our product development endeavours in line with the Offer document for Radars, Communication Systems, Electronic Warfare

IRCTC Q1FY24 results: Standalone net profit falls 5% to Rs 232 crore

The revenue from operations for Q1FY24 came in at Rs 1,001.78 crore, compared to Rs 852.59 crore year-on-year

Bata Q1FY24 results: Consolidated net profit falls 10% to Rs 106 crore

The total income for Q1FY24 came in at Rs 971.42 crore, compared to Rs 952.3 crore year-on-year

Berger Paints India logs 40% rise in net profit to Rs 355 crore in Q1

Berger Paints India on Wednesday reported a 40 per cent rise in consolidated net profit at Rs 354.91 crore for the June quarter. The company, which had posted a consolidated net profit of Rs 253.71 crore for the same period in the last fiscal, said its board has approved the issue of one bonus equity share of face value of Re 1 each against 5 equity shares of the face value of Re 1 each, subject to shareholders' approval. Consolidated revenue from operations during the first quarter of the current fiscal was Rs 3,029.51 crore as against Rs 2,759.7 crore in the year-ago period, Berger Paints India said in a regulatory filing. Total expenses were higher at Rs 2,570.68 crore as compared to Rs 2,433.92 crore in the year-ago quarter. "The decorative business saw double-digit growth both on value and volume fronts on high bases... Auto GI (General Industry) and protective division have done well even on high bases. Powder coatings underperformed in Q1 (April-June), but is expected to do

OnMobile Global net jumps over two-fold to Rs 10 cr in Apr-Jun quarter

OnMobile Global has said its consolidated net profit jumped over two-fold to Rs 9.85 crore in June quarter, mainly on the back of higher revenues. The company had reported a consolidated net profit of Rs 4.12 crore in the year-ago quarter ended on June 30, 2022, OnMobile Global said in a statement. Total income of the company rose to Rs 141.20 crore in the quarter under review from Rs 135.73 crore in the same period a year ago. Sanjay Baweja, MD & Global CEO, OnMobile, said in the statement, "The quarterly revenue performance has been better than last few quarters, and we are focused to scale it further, for the rest of the year." The revenue uptick for the company has been encouraging, and it will continue to improve over the upcoming quarters, he stated. Asheesh Chatterjee, Global Group CFO, said in the statement, "Gross revenue saw a modest sequential growth of 3.8 per cent, which is a good start for FY'24. We achieved a significant quarterly growth in EBITDA through cost ...

SJVN net profit declines 55% to Rs 272 cr in Q1 due to lower revenues

State-owned power producer SJVN Ltd on Wednesday reported an over 55 per cent dip in its consolidated net profit to Rs 271.75 crore in the June quarter, mainly due to lower revenues. The company had reported a consolidated net profit of Rs 609.23 crore in the year-ago quarter, the company said in a BSE filing. Total income of the company declined to Rs 744.39 crore in the first quarter of the current fiscal from Rs 1,072.23 crore in the year-ago period.

Sensex ends 149 pts up on late buying, Nifty atop 19,600; Steel stocks soar

CLOSING BELL ON AUGUST 09, 2023: The BSE benchmark gained over 600 points from the day's low ; BSE Metal index surged 2.5 per cent; Energy and Consumer Durables indices were up over a per cent each.

Trent logs 45% surge in consolidated net profit to Rs 166.67 cr in Q1

Tata group retail firm Trent Ltd on Wednesday reported a 45 per cent rise in consolidated net profit to Rs 166.67 crore for the first quarter ended June 30. The company had posted a consolidated net profit of Rs 114.93 crore in the same period of the last fiscal, Trent Ltd said in a regulatory filing. Its consolidated revenue from operations in the quarter under review was Rs 2,628.37 crore against Rs 1,803.15 crore in the year-ago period, it added. The total expenses were higher at Rs 2,494.69 crore compared to Rs 1,734.28 crore a year ago, the company said.

Shyam Metalics hits 10% upper circuit post July sales numbers

The stock has rallied nearly 77 per cent so far this fiscal year as against a 12 per cent rally on the benchmark Nifty 50.

Kalyan Jewellers jumps 5% to hit record high on solid Q1 results

So far this calendar year, the stock of this Kerala-based company surged 49 per cent, as against an 8 per cent rise in the S&P BSE Sensex

HCC zooms 15% to hit over 5-year high on heavy volumes

For the June quarter (Q1FY24), HCC had reported a consolidated profit of Rs 52.70 crore, as compared to a loss of Rs 280.70 crore in a year ago quarter.

Ircon International surges 8% on healthy Q1 results, order book

As on June 30, 2023, Ircon total order book position stood at Rs 32,486 crore, of which orders worth of Rs 23,613 crore were from railways.