The drop in Bharti Airtel share price came after the company posted September quarter of financial year 2025 (Q2FY25) results, which fell short of Bloomberg estimates
In September 2024, Maruti Suzuki reported total sales of 184,727 units, comprising 148,061 units in domestic sales, 8,938 units sold to other OEMs, and 27,728 units in exports
Key gauges of small- and mid-sized companies have tumbled since hitting September highs, putting them close to a so-called technical correction of a 10 per cent peak-to-trough decline
Adani group-backed entity saw a marginal 1.2% Y-o-Y rise in its revenue to Rs 7,516 cr
The company launched 14 new products in India this quarter
In FY24, Flipkart Internet generated nearly Rs 5,000 crore from advertising, up from Rs 3,324.7 crore in the previous year
Sequentially, profit was 13.6 per cent lower than the Rs 4,159 crore in the preceding quarter
Higher expenses, lower sales pulled down revenue to Rs 1.98 trillion
The bank's net interest income (NII) increased to Rs 10,517 crore in Q2 FY25 from Rs 9,923 crore in Q2 FY24, showing an improvement of 5.99 per cent on a year-on-year (Y-o-Y) basis
CAMS, which acts as a registrar and transfer agent for mutual funds, on Monday reported a 45 per cent rise in profit after tax to Rs 122.5 crore for the three months ended September 2024. It had a profit after tax (PAT) of Rs 84.51 crore in the same quarter of the preceding fiscal. The company's revenues from operations rose 33 per cent to Rs 365.17 in the July-September quarter of the current financial year (FY25) from Rs 275 crore in the year-ago period, the company said in a statement. "Our overall assets under service touched a lifetime high of Rs 45 lakh crore, with the quarter recording the highest ever asset accretion. Strong retail participation in equity assets via SIPs and NFOs catapulted our equity net-sales to touch nearly Rs 1 lakh crore during the second quarter and record a staggering 59 per cent y-o-y growth in equity asset base," the company's CEO Anuj Kumar said. For the first half of FY25, CAMS reported consolidated revenue of Rs 696.57 crore, a 30 per cent ...
Aditya Birla Sun Life AMC, part of Aditya Birla Capital, on Monday reported a 36 per cent year-on-year jump in net profit to Rs 242.4 crore for the three months ended September 2024. The asset management firm had posted a net profit of Rs 178.1 crore in the same quarter of the preceding fiscal, Aditya Birla Sun Life AMC (ABSL AMC) said in a stock exchange filing. The company's revenue from operations rose 27 per cent to Rs 424.2 crore in the July-September quarter of the current fiscal (FY25) from Rs 335 crore in the year-ago period. ABSL AMC's assets under management increased 23 per cent to Rs 3.83 lakh crore at the end of September 2023. For the first half of FY25, the company reported a profit after tax (PAT) stood at Rs 480 crore, reflecting a 32 per cent growth year-on-year. It posted total revenue of Rs 1,000 crore, marking a 28 per cent increase year-on-year.
Servotech Power Systems on Monday reported over three-fold rise in consolidated net profit at Rs 11.24 crore in September quarter, aided by higher income. Its "net profit for the period" was at Rs 3.12 crore in the July-September period of preceding 2023-24 fiscal, the company said in an exchange filing. The company's total income rose over two-fold to Rs 200.06 crore from Rs 86.59 crore in the year-ago period. In the April-September, the company has reported a two-fold rise in net profit to 15.73 crore from Rs 7.23 crore recorded in the six-month period last fiscal. In a separate statement, the company said it has introduced a new range of energy solutions. "High-tech range of solar on-grid inverters, solar hybrid inverters, solar micro inverters, battery energy storage systems, and solar pump controllers have been brought in alignment with schemes like PM Surya Ghar Muft Bijli Yojana and PM-KUSUM Scheme," the company said. The solutions targeting residential and commercial roof
HeidelbergCement India Ltd on Monday reported a 68.68 per cent decline in net profit to Rs 11.21 crore for the second quarter ended September 2024. The company had reported a net profit of Rs 35.8 crore in the July-September quarter period a year ago, HeidelbergCement India said in a regulatory filing. Its revenue from operations was down 18.54 per cent to Rs 461.41 crore during the second quarter of the ongoing fiscal year from Rs 566.46 crore a year ago. HeidelbergCement "revenue decreased by 18.5 per cent y/y driven by 15 per cent decrease in volume and decrease in price 4 per cent", the company said in its earning statement. Moreover, "driven by decrease in volume and prices, the company's EBITDA per tonne decreased to Rs 380, a decrease of 36 per cent y/y," it added. HeidelbergCement India's total expenses in the September quarter were at Rs 458.95 crore, down 13.8 per cent. Total income of HeidelbergCement, including other income, was also down 18.34 per cent in the Septemb
The company, which retails clothing from international brands such as Arrow, Calvin Klein and Tommy Hilfiger, said its profit after tax rose to 300 million rupees for quarter ended Sept. 30
The capital adequacy ratio (CRAR) of the bank, computed as per Basel III guidelines, stood at 15.20 per cent at the end of the quarter
Provisions for stressed loans grow multi-fold
The renewable energy major's net profit was recorded at Rs 200.20 crore for Q2FY25, missing analyst estimates
Burger King launched some of the cheapest menu items and deals in the industry in India, including two vegetarian burgers at 79 rupees ($1) and two pizza puffs at 59 rupees this year
Industrial wire maker Paramount Cables has reported a 4 per cent rise in its consolidated profit after tax to Rs 20.33 crore during the quarter ended September on account of higher income. It had posted Rs 19.48 crore profit after tax (PAT) in the July-September quarter of the preceding 2023-24 fiscal, the company said in an exchange filing. During the second quarter, the company's total income also rose to Rs 358.17 crore from Rs 254.32 crore a year ago, a 40 per cent rise. Paramount Cables manufactures multi-core cables, low and high-voltage cables, and extra-high-voltage cables for industrial applications.
Total disbursements for the housing finance company rose by 12 per cent to Rs 16,476 crore in the quarter under review, compared to Rs 14,665 crore in the corresponding period in Q2 FY24