Page 11 - Results

Triveni Turbine net profit rises by 59% to Rs 61 cr in June quarter

Triveni Turbine on Tuesday posted over a 59 per cent rise in its consolidated net profit to Rs 61 crore, mainly due to higher revenues. The consolidated net profit of the company was Rs 38.3 crore in the quarter ended June 2022, a company statement showed. Its revenues from operations increased to Rs 376.4 crore in the quarter from Rs 259 crore a year ago. "In the first quarter of FY24, Triveni Turbines has delivered yet another impressive performance. The momentum in revenue growth remained strong during the quarter with 45 per cent growth over the previous corresponding period," said Triveni Turbine Chairman and Managing Director Dhruv M Sawhney. At the end of the quarter, the company had a record closing order book of Rs 1,410 crore, up 31 per cent year-on-year, he added.

Growth moderation

Lower commodity prices can help protect margins

Exxon Mobil Corp posts 56% profit slump, joins peers in energy price hit

Exxon's oil production is at 3.7 million barrels of oil equivalent per day (boed) year to date, in line with the company's annual target, Mikells said

Bajaj Finserv Q1 results: Net profit jumps 48.3% YoY to Rs 1,942.63 crore

The company's revenue from operations rose nearly 46.5% YoY to Rs 23,279.98 crore from Rs 15.888.26 crore last year

Bajaj Finance Q1FY24 results: PAT rises 32% YoY to Rs 3,437 crore

Bajaj Finance's total revenue from operations grew 34.6% YoY to Rs 12,497.81 crore from Rs 9,284.26 crore

PNB Housing Q1 FY24 results: Net profit rises 48% YoY to Rs 347 crore

PNB Housing Q1 results: The revenue from operations for the company also recorded a YoY rise of 20.55 per cent compared to the same period last year

HDFC AMC Q1 results: Net profit up 51.98%, revenue from ops rises 10.15%

HDFC Asset Management Company's Q1 revenue grew 10.15% YoY Rs 574.54 crore

Ramkrishna Forgings sees Q1 net profit grow by 63% to Rs 77 crore

Ramkrishna Forgings Ltd on Sunday reported a 63 per cent jump in its net profit at Rs 76.97 crore during the June quarter, on account of higher income. It had clocked Rs 47.26 crore net profit in the April June period of the preceding 2022-23 fiscal, Ramkrishna Forgings said in a statement. The company's total income also rose to Rs 835.95 crore from Rs 650.75 crore in the year-ago quarter, posting a rise of 28 per cent. Naresh Jalan, Managing Director, Ramkrishna Forgings Limited said: "We are actively working towards reducing our debt burden, targeting a debt to EBITDA level of 1:1 by FY 2024-25. This will strengthen our financial position, reduce risks, and provide us with flexibility to pursue growth opportunities." Further, the company through automation and artificial intelligence, is in process of enhancing operational efficiency, increase productivity, and address evolving customer demands, he said. On market risks, he said the company closely monitors macroeconomic risks,

360 ONE WAM logs 13.4% growth in profit after tax to Rs 181 crore

360 ONE WAM Ltd on Friday reported a 13.4 per cent growth in profit after tax (PAT) to Rs 181 crore in three months ended June 2023. In comparison, the company posted a PAT of Rs 160 crore in the year-ago period, 360 ONE WAM, formerly known as IIFL Wealth Management, said in a statement. The company's total revenues increased 17.6 per cent to Rs 434 crore in the quarter under review from Rs 369 crore in the April-June quarter of the preceding fiscal 2022-23. "We strongly believe India's long-term inclusive growth trends will continue to fuel overall wealth creation, and particularly for the HNI and UHNI segments. Increasing financialisation and client sophistication will drive a disproportionate rise in this segment," Karan Bhagat, founder, MD and CEO, 360 ONE, said. In addition, the company's board approved a second interim dividend for the financial year 2023-24 of Rs 4 per equity share. Besides, the company has fixed July 28 as a record date for this purpose.

IndiaMART Q1FY24 results: Net profit up 78%, revenue from ops rises 26%

IndiaMART registered traffic of 254 million and unique business enquiries of 22 million in Q1FY24

CUET UG Result 2023 date announced, here's how to check and download result

The CUET UG exam result date was announced by the UGC chairman. The CUET UG result will be declared on Monday, July 17. Candidates can check results from the official website, cuet.samarth.ac.in

HCLTech Q1FY24 results: Net profit rises 7.6% YoY to Rs 3,534 crore

The board of directors declared an interim dividend of Rs 10 per equity share for FY24

AIIMS INI CET Counselling Result 2023: Round 2 result to be declared soon

AIIMS declared INI CET Round 1 Counselling Result 2023 on June 23 and will release the Round 2 results on July 7. Here's the list of documents you need to submit at the allotted college

Bajaj Allianz Life reports 20% jump in net income to Rs 390 crore in FY23

Bajaj Allianz Life has reported a 20 per cent growth in net income at Rs 390 crore in fiscal 2023, driven by overall good performance especially the growth in new business premium. The Pune-based company saw a 21 per cent growth in overall premium collection with the gross written premium touching Rs 19,462 crore in FY23 compared to Rs 16,127 crore in the previous financial year. "Our net profit has grown 20 per cent to Rs 390 crore in FY23 from Rs 324 crore in the previous fiscal," the company's managing director and chief executive Tarun Chugh told PTI on Wednesday. He said the spike in profit was led primarily by a massive 53 per cent jump in the value of new business premium in the year to Rs 950 crore. In FY22, it stood at Rs 621 crore. Value of new business is a key metric to measure the profitability of a life insurance company. During the last fiscal, the company added 29 per cent more customers at 5.38 lakh from 3.86 lakh, taking the number of individual lives covered to

TS ECET results 2023 announced yesterday, here's how to check and download

TSCHE announced TS ECET results 2023 on Thursday at 3:30 pm. Candidates can check and download their results from the official website, i..e., https://ecet.tsche.ac.in/.

MHT CET Result 2023 released today, here's how to check and download

MHT CET result 2023 was released today. Candidates can check and download the result from the official website, cetcell.mahacet.org or mahacet.in. Exams were conducted in May

Tripura Board announced 10th 12th Results, 2023: Here's how to check

Tripura board released TBSE class 10th and 12th results today. Students can check and download their TBSE 2023 results on the official website, tbse.tripura.gov.in.

UBSE announced UK Board 10th, 12th Result 2023, here's how to check

UBSE released UK Board 10th and 12th results 2023 today at 11 am. Candidates can download their results from UBSE's official website, i.e., ubse.uk.gov.in.

JAC Result 2023: Jharkhand Class 10th, 12th results to be declared today

JAC class 10th and 12th board result 2023 is expected to be announced today at 3 pm. Read to know how to check and download the JAC board result 2023.

Home Depot cuts outlook as softening demand hits first quarter sales

The company now expects comparable sales to decline as much as 5% this fiscal year - the first annual fall in 14 years - following a bad start to the year affected by lumber deflation and poor weather