Mankind's revenue from operations rose to Rs 3,077 crore in Q2 FY25, a 13.6 per cent Y-o-Y rise from Rs 2,708 crore reported in Q2 FY24
Company's board approves three joint ventures, announces Rs 3 interim dividend
The latest rise in net profits was driven by higher earnings from various segments
The company's consolidated net profit fell 7.5% to Rs 270 crore (about $32 million) in the July-September quarter, lower than analysts' estimate of Rs 284 crore, per data compiled by LSEG
Rane Holdings Ltd has recorded a consolidated profit after tax of Rs 185.4 crore during the July-September 2024 quarter, attributed to exceptional items, the company said on Tuesday. The holding company of the city-based diversified conglomerate Rane Group had registered a profit after tax of Rs 51.1 crore during the corresponding quarter of last year. For the six-month period ending September 30, 2024, the consolidated PAT grew to Rs 204.9 crore, compared to Rs 63.2 crore registered a year ago. In a statement on Tuesday, the company noted that the numbers for the second quarter and half-year period ending September 30, 2024, are not comparable with last year, due to the divestment of the LMCA business (Rane Light Metal Casting Inc., United States of America) and the acquisition of Rane Steering Systems Pvt Ltd from Japan-based NSK Ltd during the quarter. Total revenues during the July-September 2024 quarter stood at Rs 920 crore, compared to Rs 930.5 crore during the corresponding
Housing finance company Aptus Value Housing Finance India Ltd on Tuesday reported profits for the July-September 2024 period at Rs 181.96 crore supported by business growth and stable asset quality, the company said on Tuesday. The city-based company had registered profits of Rs 148.01 crore during the corresponding period of last year. For the half-year period ending September 30, 2024, the profits went up to Rs 353.71 crore, from Rs 290.27 crore registered in the year ago period. The total income during the quarter under review went up to Rs 435.54 crore, from Rs 345.66 crore registered during the corresponding period of last year. For the six month period ending September 30, 2024, the total income surged to Rs 840.17 crore, from Rs 661.03 crore registered in the year ago period. Commenting on the financial performance, company managing director P Balaji said, "we are happy to share that Aptus achieved strong results for the second quarter of FY25. The company posted a 22 per c
Total expenses of Titan increased 20.23 per cent to Rs 13,709 crore in the June quarter
State-owned SJVN on Tuesday said its consolidated net profit during the September quarter remained flat at Rs 439.90 crore. It had posted Rs 439.64 crore profit for the period ended September 2023, the company said in an exchange filing. The company's total income rose to Rs 1,108.43 crore from Rs 951.62 crore a year ago. Its expenses shot up to Rs 528.88 crore from Rs 398.22 crore in the year-ago period. Shimla-based SJVN is into hydro power projects.
The company, which also makes Manforce condoms and Prega News pregnancy kits, said its consolidated net profit rose to RS 653 crore for the quarter ended Sep 30, a 30% climb from last year
(Reuters) - India's JK Tyre & Industries reported its first quarterly profit fall in two years on Tuesday, hurt by weak tyre sales to car, bus and truck makers.
The company reported a 9.5 per cent fall in its consolidated net profit
Non-banking finance company Sundaram Finance Ltd has reported a profit after tax for the July-September 2024 quarter at Rs 340.09 crore, the company said on Tuesday. The city-headquartered company had registered a profit after tax of Rs 366.38 crore during the corresponding quarter of last year. For the six month period ending September 30, 2024 the profit after tax remained flat at Rs 647.74 crore as against Rs 647.66 crore registered in the year ago period. In a statement on Tuesday, the company said the team Sundaram Finance has delivered a balanced H1 FY25 despite lower than expected economic activity in the half year. "Assets under management grew by 20 per cent to Rs 48,058 crore compared to the prior year period (Rs 40,106 crore as on September 30, 2023). Net Stage 3 assets closed at 0.89 per cent and profit after tax for H1FY25 was at Rs 648 crore. Our group companies in asset management, general insurance and home finance have continued their trajectory from FY24 and recor
Despite increased EBITDA loss at Cenexi, the overall consolidated EBITDA margin was better-than-expected at 21.1%, led by better segmental mix and controlled operational cost for the quarter.
Q2 results today, November 5: GAIL India, Oil India, Merger Paints, Mankind Pharma, and Saregama will be releasing their earnings report for the July-September quarter on Nov 5
While the market closely eyes the US presidential elections, corporate earnings and macroeconomic data will also be on radar
JK Paper Ltd on Monday reported a 57.84 per cent decline in consolidated net profit to Rs 128.85 crore in the second quarter ended September 30, 2024, impacted by higher expenses. The company had posted a consolidated net profit of Rs 305.68 crore in the same quarter last fiscal, JK Paper Ltd said in a regulatory filing. Consolidated total income in the second quarter stood at Rs 1,714.88 crore as against Rs 1,708.81 crore in the year-ago period, it added. Total expenses were higher at Rs 1,569.63 crore as against Rs 1,368.23 crore in the same period a year ago, the company said.
The company reported consolidated net profit of Rs 164 crore ($19.5 million) for the quarter ended Sept. 30, a 15.7 per cent decrease from the year-ago period
India revenue declined 7.6 per cent Y-o-Y, while international business grew 13 per cent Y-o-Y in constant currency (CC) terms
The exchange's growth could plateau going forward as trading volumes are expected to take a hit due to stricter trading rules for the derivatives segment that take effect from this month
For the quarter under review, profit after tax (PAT) for the company was Rs 440 crore, which the company said "was driven by capacity utilisation, efficiencies, and revenue quality."