In previous trading session, the Sensex plunged 1,048.90 points, or 1.36 per cent, to close at 76,330.01. Similarly, the Nifty50 dropped 345.55 points, or 1.47 per cent, ending the day at 23,085.95
The company - which competes with startups such as Zerodha, Groww and Upstox - reported a third-quarter profit that rose 8 per cent to Rs 281 crore ($32.4 million) from a year earlier
The company's revenue from operations for the quarter under review came in at Rs 29,890 crore, 5.07 per cent higher than Rs 28,446 crore in Q3 FY24
Several brokerages have revised their target prices for DMart, citing concerns about sustained margin pressure.
Anand Rathi Wealth Ltd on Monday reported a 33 per cent year-on-year surge in consolidated net profit at Rs 77.3 crore in the December quarter. The company had posted a profit of Rs 58 crore in the year-ago period. In a statement, the company said its total revenue for the quarter under review stood at Rs 244.2 crore, a 30 per cent year-on-year (YoY) growth from Rs 187.3 crore in the same period last year. The leading wealth management firm, specialising in serving high and ultra-high-net-worth individuals, said its board of directors decided to allot bonus shares in the ratio of 1:1, which is one bonus equity share for every one equity share held presently. This is subject to shareholders' approval. During the nine-month (April-December) period of FY25, the company's total revenue was at Rs 739 crore, registering a growth of 33 per cent year-on-year, while profit after tax increased 34 per cent to Rs 227 crore. "India's economy continues to grow steadily, driven by rising income
The company's net profit for the third quarter ended December 31. 2024, stood at Rs 131.31 crore as compared to Rs 92.01 crore a year ago which implied a rise of 42.7 per cent year-on-year (Y-o-Y)
In its Q3 update, the company said its pre-sales registered a growth of 40 per cent year-on-year (Y-o-Y) to Rs 635 crore in Q3 FY25 from Rs 455 crore in Q3 FY24
Q3 FY25 results January 13: HCL Tech, Delta Corp, Angel One, Anand Rathi among firms to report earnings for the quarter that ended on D
At 6:32 AM, GIFT Nifty futures indicate a gap-down opening for the markets, trading 160 points lower at 23,341
HCLTech's Q3FY25 performance is expected to reflect steady growth despite industry challenges such as furloughs and cross-currency headwinds
Investors will take cues from the December quarter corporate earnings, with blue-chips like Infosys, Reliance Industries scheduled to report their results this week, in addition, inflation data and trading activity of foreign investors will also be crucial in dictating market trends, analysts said. Movement of crude oil prices and the dollar index will also be tracked by investors. The strengthening of the US dollar, along with rising US bond yields, impacted investors' confidence last week. "The Indian equity markets are poised for a volatile week ahead, as investors eagerly await the release of Q3 earning reports from major companies. "Prominent names such as Infosys, Reliance Industries, HCL Technologies, HDFC AMC, HDFC Life Insurance Company, and Axis Bank are set to unveil their financial performance, which is likely to significantly impact market sentiment," Pravesh Gour, Senior Technical Analyst, Swastika Investmart Ltd, said. Adding to the market's dynamic, a tug-of-war ...
Avenue Supermarts Ltd, which owns and operates the retail chain D-Mart, on Saturday reported a 4.8 per cent rise in its consolidated net profit to Rs 723.54 crore for the third quarter ended December 2024. The company had posted a net profit of Rs 690.41 crore a year ago, according to a regulatory filing by Avenue Supermarts. Its revenue from operations rose 17.68 per cent to Rs 15,972.55 crore during the quarter under review. It was Rs 13,572.47 crore in the corresponding quarter of the last fiscal. "PAT margin stood at 4.5 per cent in Q3 FY25 as compared to 5.1 per cent in Q3 FY24," Avenue Supermarts said in its earnings statement. Its total expenses increased 18.52 per cent to Rs 15,001.64 crore. Avenue Supermarts' total income, which includes other income, was Rs 15,996.69 crore, up 17.57 per cent in the December 2024 quarter. Avenue Supermarts CEO and Managing Director Neville Noronha said, "The Q3 FY 2025 same-store revenue growth for 2 years and older stores was at 8.3 per
Just Dial Ltd, a local search engine, has reported 42.7 per cent increase in consolidated net profit at Rs 131.31 crore for December quarter FY25. It had a net profit of Rs 92.01 crore in the October-December period a year ago, according to a regulatory filing from Just Dial, now controlled by Reliance Retail Ventures Ltd. Revenue from operation was up 8.4 per cent at Rs 287.33 crore in the December quarter.The company "achieved its highest-ever quarterly revenue in Q3 FY25, further solidifying its position as a leader in the digital services," said Just Dial in its earning statement. Total expenses were at Rs 215.57 crore, down 1.55 per cent from the year-ago period. Total income during the quarter under review stood at Rs 364.74 crore, up 7.3 per cent. Commenting on the results, Chief Growth Officer Shwetank Dixit said Just Dial's focus remains on driving top-line growth while maintaining operational efficiency. "By enhancing our offerings for users and providing businesses with
Analysts have mixed views on TCS following its Q3FY25 performance, with several brokerages highlighting the company's growth potential despite near-term challenges
Power generation and distribution company CESC Ltd on Friday reported 6.3 per cent dip in consolidated net profit at Rs 282 crore for December quarter FY25. The company had logged a net profit of Rs 301 crore in the quarter ended December 31, 2023. Net regulatory income fell to Rs 300 crore in the quarter from Rs 560 crore in the year-ago period. Total expenses rose to Rs 3,595 crore from Rs 3,497 crore. Total income also rose to Rs 3,657 crore in the quarter from Rs 3,301 crore a year ago. The board has declared an interim dividend of Rs 4.50 per equity share for the fiscal. The record date for eligible shareholders to receive the interim dividend is January 16, 2025.
Stock Market Highlights: Indian markets declined for the second consecutive session, ending the week on a negative note on Friday. The 30-share Sensex slipped 241.30 points or 0.31 per cent
In its Q3 update, Phoenix Mills said its consumption (retailer sales) in Q3FY25 stood at Rs 3,998 crore, up 21 per cent over Q3FY24
In its Q3 update, the company said that after months of gains and record highs, gold's upward trajectory has slowed since early November
Goldman Sachs, Bernstein, CLSA and Jefferies have retained their positive rating on RIL and believe the selling in the stock is overdone at present levels.
Investors dumped the shares of Tata Elxsi in loads on Friday after the company reported a subdued third quarter earnings for the financial year 2024-25 (Q3FY25)