Page 79 - Q1 Results

Dabur India Q1FY24 results: Consolidated net profit up 3.5% to Rs 456 cr

The total income for Q1FY24 came in at Rs 3,240.25 crore, compared to Rs 2,922.98 crore year-on-year

Cipla hits new high; up 6% on promoter stake sale buzz, strong Q1 results

With regards to the promoters stake sale buzz, the company said it will make appropriate disclosure in compliance with the Listing Regulations as and when any such requirement arises.

Zomato surges 14% as firm turns profitable for first-time in June quarter

Food aggregator platform company reported a consolidated profit after tax of Rs 2 crore compared to a loss of Rs 186 crore in the year-ago period.

Eicher Motors rallies 3% on record Q1 earnings

The company's net profit jumped 50 per cent YoY to Rs 918 crore, its highest-ever quarterly profit; backed by a 17 per cent growth in revenue at Rs 3,986 crore.

Dabur soars 7%, nears 52-week high as Q1 results boasts of rural recovery

According to the management, with a little negative impact from beverage portfolio, mid-single volume growth should be possible in the near term in the India business

Stocks to Watch on Aug 4: SBI, Zomato, Paytm, Airtel, M&M, Vedanta, GAIL

Stocks to Watch today, August 4: 2023: Food aggregator platform Zomato turned profitable for the first time ever in Q1FY24

On a 10-year high: Bharti Airtel dials Arpu at Rs 200 a month in Q1

The telco had been trying to pull up its average monthly revenue per user by raising tariffs and targeting high-end customers

Bharti Airtel Q1 results: Net profit flat at Rs 1,612 crore; ARPU at Rs 200

The consolidated revenue for Q1FY24 grew 19 per cent year-on-year (YoY) to Rs 19,746 crore. Ebitda margins improved 271 basis points YoY, reaching 53.7 per cent

IndiGo shares decline nearly 5% after record first quarter showing

The stock of the airliner opened at ₹2,630 apiece against the previous close of Rs 2,565.75 but soon fell 5.3 per cent during intraday trade hit Rs 2,430.15

Sun Pharma Q1 PAT dips 2% on one-time expense; US revenues up 12%

Sun Pharma's stock ended flat at Rs 1140.85 on the BSE

Zomato tastes first ever profit at Rs 2 crore in Q1; revenue soars 71%

"Knowing what we know today, we believe we will continue to deliver over 40 per cent YoY top line (adjusted revenue) growth for at least the next couple of years," said Akshant Goyal

Gulf Oil Lubricants India PAT grows 20.8% to Rs 68.30 cr in June quarter

Lubes maker Gulf Oil Lubricants India on Thursday reported a 20.8 per cent growth in standalone Profit After Tax (PAT) at Rs 68.30 crore in the June quarter. The Hinduja Group company had posted a standalone PAT of Rs 56.53 crore in the first quarter of the previous fiscal, according to a statement. Net revenue for the quarter grew 14.90 per cent to Rs 811.71 crore. The company said it achieved record revenues for the quarter in relatively challenging conditions in the after-market and the growth was led by the B2B and Infra segments as well as the OEM franchisee workshop (authorised service) channel. "During June'23 quarter, the company witnessed a robust revenue growth of 15 per cent and PAT growth of 23 per cent on the back of sequential margin improvements and easing of forex volatility, which paved the way for higher brand investments by leveraging our brand assets during IPL season," Ravi Chawla, Managing Director & CEO of Gulf Oil Lubricants India Ltd, said. There was some

Metropolis Healthcare net profit declines 15% to Rs 29 crore in Q1

Metropolis Healthcare on Thursday said its net profit declined 15 per cent to Rs 29 crore for the first quarter ended June 30, 2023. The diagnostics firm had reported a net profit of Rs 34 crore in the April-June quarter of the last fiscal. Revenue from operations declined to Rs 277 crore from Rs 280 crore in the year-ago period, Metropolis Healthcare said in a statement. Metropolis Healthcare Promoter and Managing Director Ameera Shah said the company remains optimistic about scaling up revenue in the upcoming quarters, indicating positive operating leverage play. "Going forward, company focuses on network expansion, increasing doctor connects, growing specialised & wellness segments and upgrading IT infrastructure for enhancing the consumer experience," she added.

Adani Enterprises Q1 profit up 43.6% on the back of improved performance

Despite a sequential decrease, Adani Enterprises recorded significant Y-o-Y profit growth, attributing the success to improved performance and elevated other income

KEC International posts bigger-than-expected Q1 profit on strong demand

Consolidated profit for RPG Group's flagship company rose 36.5% to Rs 42.3 crore ($5.11 million)

Akzo Nobel India Q1 net profit rises 42% to Rs 110 cr as margins improve

Paints and coatings maker Akzo Nobel India Ltd on Thursday reported a 42.91 per cent increase in its consolidated net profit to Rs 109.9 crore for the quarter ended in June 2023, helped by improvement in margins with softening in raw material costs and demand uptick. The company had posted a net profit of Rs 76.9 crore during the April-June quarter a year ago, Akzo Nobel said in a regulatory filing. Its revenue from operations was up 6.55 per cent to Rs 999.2 crore during the quarter under review as against Rs 937.7 crore in the corresponding period of the previous fiscal. Total expenses of Akzo Nobel, maker of Dulux paints, were up 2.56 per cent to Rs 859.8 crore in the first quarter of FY 2023-24 Commenting over the results Akzo Nobel India Managing Director Rajiv Rajgopal said: "Building on our profitable growth momentum, we delivered a record performance across absolute revenue, EBIT and PAT in the first quarter of FY24. Demand uptick seen across infrastructure, automotive, ma

Zomato Q1FY24 results: Food delivery platform reports net profit of Rs 2 cr

Zomato's revenue from operations rose nearly 70.86% YoY to Rs 2,416 crore from Rs 1,414 crore last year

IndiGo announces salary hikes for pilots after record profits in Q1

The airline will be rewarding its flight crews following Q1FY24, where they achieved a record net profit of Rs 3,090 crore

Biz services provider Quess Corp profit falls 29% to Rs 48 crore in Q1

Leading business services provider Quess Corp has reported a 29.41 per cent decline in profit after tax at Rs 48 crore for the June quarter. The company's profit after tax stood at Rs 68 crore in the corresponding quarter of the previous financial year, a company release said. It reported a revenue of Rs 4,600 crore in the first quarter of the current fiscal compared to Rs 3,979 crore in the same period of the previous financial year. "We are pleased to report revenues of Rs 4,600 crore, up 16 per cent year-on-year backed by 15,000+ headcount, totaling up to an overall headcount of 5.25 lakh," Quess Corp Executive Director & Group Chief Executive Officer Guruprasad Srinivasan said. "Around 35 per cent of the associates who joined us in Q1 entered the formal workforce for the first time. We acquired 183 new customers, setting us up for growth over the next few quarters," Srinivasan said. Further, he said in product-led businesses, investment continues in people, technology and ...

Nerolac Paints Q1FY24 result: Consolidated net profit up 382% to Rs 734 cr

The total income for Q1FY24 came in at Rs 2,174 crore, compared to Rs 2,056.20 crore year-on-year