Page 5 - Results

Foxconn's quarterly profit surpasses expectations, jumps 6% on AI boom

Foxconn said it would start product delivery for AI semiconductor leader Nvidia's GB200 chip in the fourth quarter in small volumes, which would rise further in early 2025

LIC Q1 FY25 results: Net profit increases 9.6% to Rs 10,461 crore

LIC has booked a profit of Rs 15,500 crore in Q1FY25 from its equity investments

Alembic Pharma posts 11.5% growth in profit, driven by US business

For the quarter, the India Branded Business segment saw a 9 per cent growth, reaching Rs 572 crore

ABB India PAT up 50% in June-qtr due to improved operational performance

Sequentially, ABB India's profit dipped 4 per cent, while revenue slipped 8 per cent

Unitech Q1 results: Loss widens to Rs 1,206 cr, total income at Rs 84 cr

Realty firm Unitech Ltd on Thursday reported a consolidated net loss of Rs 1,206 crore in the first quarter of FY25. The company had posted a net loss of Rs 702.97 crore in the year-ago period. Total income declined to Rs 84.04 crore in the April-June quarter of this fiscal from Rs 91.09 crore in the corresponding period of the previous year, according to a regulatory filing. On January 20, 2020, the Supreme Court directed that the Board of Directors of Unitech Ltd, as existing on that date, be superseded with immediate effect in order to facilitate the taking over of management by the new board constituted in terms of the proposal submitted by the central government.

Tata Power Q1 FY25 results: Net profit rises 31% to Rs 1,189 crore

Tata Power on Tuesday said it has logged 31 per cent rise in consolidated net profit at Rs 1,189 crore, compared to the year-ago period, on back of operational efficiency. "At Rs 1,189 crore, growing 31 per cent YoY (year-on-year), the company reported its highest ever and 19th consecutive quarter of PAT growth on the back of strong operational performance and execution excellence across all its businesses of generation, transmission & distribution, and renewables," Tata Power said in a statement. According to the statement, these businesses contributed 84 per cent of the PAT (net profit) in Q1FY25, compared to 72 per cent in the same period in FY24. The statement showed that the consolidated net profit before exceptional items was Rs 906 crore in the quarter ended June 30, 2023. The company's revenue rose 12 per cent YoY to a record high of Rs 16,810 crore (from Rs 15,003 crore in Q1 FY24), and EBITDA grew 11 per cent to Rs 3,350 crore in the reported quarter (from Rs 3,005 crore

Brigade Group Q1 results: Net profit rises 285.7%, revenue at Rs 1,113 cr

Additionally, the company's Q1 FY25 revenue included Rs 707 crore from real estate, Rs 259 crore from leasing, and Rs 118 crore from hospitality

Saregama Q1 FY25 results: Revenue jumps 26% Y-o-Y to Rs 205.3 crore

During the quarter that ended on June 30, the company launched over 330 original recreations in various languages including Hindi, Bhojpuri, Gujarati, Punjabi, Tamil, among others

Castrol India results: Net profit rises 3% to Rs 232 cr in June quarter

Lubes maker Castrol India Limited reported a marginal 3 per cent growth in profit after tax (PAT) to Rs 232 crore for the June 2024 quarter. The company had posted a PAT of Rs 225 crore in the April-June period of 2023. The revenue from operations during the second quarter rose 5 per cent to Rs 1,398 crores compared to Rs 1,334 crore in the corresponding quarter of the previous year, Castrol India said. Castrol India follows the January-December period of the year for financial reporting. "Our balanced focus on volumes and margins, along with our commitment to innovation and brand building, has driven revenue growth," Deepesh Baxi, Chief Financial Officer at Castrol India Limited, said. Looking ahead, the ongoing innovations in products and services, coupled with strategic brand investments, will sustain our growth momentum, he said. "Potential stabilisation of input costs in the latter half of the year could signal a positive trend for the industry," Baxi added.

UCO Bank Q1 net profit more than doubles to Rs 551 cr on improved NIMs

QIP likely in Q2 or Q3 for capital raise

Q1 results review: Early-bird net profit growth slowest in 7 quarters

The combined net profit of the 210 companies that have declared their Q1FY25 results so far is down 4.2 per cent from the year-ago period - their worst showing in seven quarters

NEET UG 2024 Result: City, centre-wise results out. Here's how to check

The National Testing Agency (NTA) has announced the NEET-UG 2024 results on its official website. Read on for instructions on how to check your results

Domino's Pizza posts quarterly sales miss amid muted fast-food demand

Domino's U.S. same-store sales growth of 4.8 per cent in the quarter fell just short of expectations of 4.91 per cent growth, according to LSEG data

Retail chain Shoppers Stop posts net loss of Rs 22.72 cr in first quarter

Retail chain Shoppers Stop Ltd on Thursday reported a consolidated net loss of Rs 22.72 crore in the June 2024 quarter, hit by subdued consumption due to prolonged heat waves, elections and inflation. The company posted a consolidated net profit of Rs 14.49 crore in the corresponding period last fiscal, Shoppers Stop said in a regulatory filing. Consolidated revenue from operations in the quarter under review stood at Rs 1,069.31 crore as against Rs 993.61 crore in the year-ago period, it added. Total expenses were higher at Rs 1,104.51 crore in the first quarter compared to Rs 980.92 crore in the same period last fiscal, the company said. "The industry witnessed subdued consumption due to prolonged heat waves, elections, fewer weddings and inflation... This has impacted our profits, however, we have a strong recovery plan," Shoppers Stop Managing Director and CEO Kavindra Mishra said. Some of the recovery plans include continuous focus on premiumisation, investment in marketing t

BoM Q1 results: Net up 46.64% to Rs 1,293 cr on healthy NII growth

Mulls to raise upto Rs 10,000 crore through Infrastructure bonds

HDFC Life's Q1 FY25 results: Net profit rises 15% to Rs 479 crore

The value of new business (VNB) of HDFC Life increased 18 per cent year-on-year to Rs 748 crore in Q1FY25 against Rs 610 crore in the corresponding period a year ago

Ireda Q1FY25 results: Net profit surges over 30% to Rs 383.69 crore

Indian Renewable Energy Development Agency (Ireda) on Friday reported over 30 per cent growth in its net profit to Rs 383.69 crore for the June quarter, mainly on the back of higher revenues. "IREDA has achieved Profit After Tax of Rs 383.69 crore (in Q1), marking an impressive year-on-year growth of 30.25 per cent," a company statement said. According to the statement, its net profit was Rs 294.58 crore in the quarter ended on June 30, 2023. As the largest pure-play green financing NBFC in the country, it stated that Ireda achieved a new industry standard by publishing its audited financial results within only 12 days. This milestone also marks Ireda as the first central public sector enterprise (CPSE) to promptly declare results and achieve the fastest publication of audited results in the banking and NBFC space, it added. The company has successfully reduced its net non-performing assets to 0.95 per cent in the first quarter of FY 2024-25 from 1.61 per cent in the same quarter

PepsiCo profits jump in June quarter; net income rises 12% to $3 bn

PepsiCo reported higher-than-expected earnings in the second quarter even as customer demand for its snacks and drinks continued to slip. The Purchase, New York-based company said its net income rose 12% to $3 billion, or an adjusted $2.28 per share, for the April-June period. Wall Street had expected earnings of $2.16 per share. PepsiCo said its revenue grew less than 1% to $22.5 billion. That was slightly lower than the $22.59 analysts forecast. PepsiCo has leaned heavily into price increases over the past two years as its costs for ingredients and packaging rose. The fourth quarter of 2023 was the company's eighth straight quarter of double-digit percentage price increases. Prices rose 5% in the first quarter and 3% in the most recent quarter. But those higher prices have hurt demand. PepsiCo's global sales volumes have fallen for the last eight quarters. The company says some of that volume decline is strategic, since it has been shrinking package sizes. But it has also says ..

Don't be intimidated: Kharge to bureaucrats ahead of Lok Sabha polls result

Congress president Mallikarjun Kharge on Monday wrote an open letter to the country's bureaucracy on the eve of counting of votes for the Lok Sabha elections, urging officers to adhere to the Constitution and serve the nation without fear, favour and ill-will against anybody. "Do not get intimidated by anyone. Do not bow down to any Unconstitutional means. Do not be afraid of anyone and discharge your duties, based on merit, on this counting day," he wrote. "We owe it to future generations, a vibrant Democracy and a long-lasting Constitution, as penned by the makers of modern India," he said. The counting of votes polled in the Lok Sabha polls will be held om Tuesday. "In this hope that India remains truly Democratic in nature, I extend good wishes to each one of you, and expect that our eternal ideals of the Constitution remain untarnished," the Congress chief said. In his appeal to all civil servants and officers, he said he is writing in his capacity of the Leader of the Opposi

Lok Sabha election 2024: How to check poll results on ECI website?

The counting of votes for Lok Sabha election 2024 is set to be conducted on Tuesday, June 4