Page 5 - Results

Square Yards Q1FY25 results: PAT rises 66% to Rs 25 cr on high income

Square Yards, which is mainly into housing and home loan brokerage business, has reported 66 per cent increase in gross profit at Rs 25 crore for June quarter FY25 on higher income. Its gross profit stood at Rs 15 crore in the year-ago period. Total revenue rose 52 per cent to Rs 261 crore as against Rs 172 crore in the year-ago period. Out of the total revenue, the turnover of India business grew 49 per cent to Rs 217 crore. The company also has presence in Dubai market. "Q1 has consistently contributed 16-18 per cent of our overall revenue, and based on this trend, we project revenue for FY25 to align with our forecast of Rs 1,506 crore (USD 180 million)," stated Tanuj Shori, Founder and CEO, Square Yards.

ICMAI CMA June results 2024 out for Inter, Final; here's how to check

A total of 4,866 and 1,315 candidates completed the Intermediate and Final courses, respectively. Here's how to check and download ICMAI CMA June results 2024

AP ICET 2024 Phase 1 seat allotment results out today, check details

The Andhra Pradesh State Council of Higher Education (APSCHE) seat allotment result has been released today, August 20, 2024. Here's how to check and download

Palo Alto forecasts earnings above estimates on cybersecurity demand

Beginning this quarter, the company will give next-generation security annual recurring revenue as the key financial metric for revenue projections both quarterly and annually, CFO Dipak Golechha said

IFIN reports loss of Rs 5,654 cr for FY14-18, shows revised balance sheet

IL&FS Financial Services (IFIN), a group company of debt-ridden IL&FS Ltd, has incurred a cumulative loss of Rs 5,654 crore for the five-consecutive fiscals -- from FY14 to FY18, according to the revised balance sheet of the firm undergoing resolution process. However, as per the original balance sheet, the company had earned a total profit of Rs 1,015 crore during the five-year period. Following the recast, the company is exploring the option of seeking a refund of income tax paid from the Income Tax for these years. In June this year, the National Company Law Tribunal (NCLT) asked the newly-appointed board of the IL&FS group to file a revised balance sheet, along with its two other subsidiaries. Moreover, its total income also went down to Rs 7,777 crore on an aggregate basis during those five years against Rs 10,297 crore reported earlier, revealed the updated financial results. The company's new board has completed the reopening and recasting of financials and the ...

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