Tag: crore

Kilburn Engineering reports 145% surge in PAT to Rs 7.09 crore in Q1

Illustration: Ajay Mohanty Kilburn Engineering Limited (KEL), a manufacturer of drying equipment for various industries, posted a 145 per cent surge in profit after tax (PAT) for the first quarter of the financial year 2024 (Q1FY24), reaching Rs 7.09 crore. In the same period last year, the profit stood at Rs 2.89 crore. … Continue reading Kilburn Engineering reports 145% surge in PAT to Rs 7.09 crore in Q1

Welspun Corp reports Rs 168 crore net profit in April-June quarter

Welspun Corp on Friday posted a consolidated net profit of Rs 168.45 crore in the June quarter, on the back of higher income. It had reported a Rs 95 lakh loss in the year-ago period, the company said in a regulatory filing. The company’s total income in the first quarter of the… Continue reading Welspun Corp reports Rs 168 crore net profit in April-June quarter

Zomato tastes first ever profit at Rs 2 crore in Q1; revenue soars 71%

Food aggregator platform Zomato turned profitable for the first time ever in the first quarter (Q1) of 2023-24 (FY24). The firm reported a consolidated profit after tax of Rs. 2 crore for the quarter that ended in June 2023, compared to a loss of Rs. 186 crore in the year-ago period. Revenue from… Continue reading Zomato tastes first ever profit at Rs 2 crore in Q1; revenue soars 71%

Karnataka Bank announces net profit of Rs 370.70 crore for June quarter

Karnataka Bank. Source: Wikipedia Karnataka Bank has posted a net profit of Rs 370.70 crore during the first quarter of the current financial year as against Rs 114.18 crore recorded during the corresponding quarter of the previous year, with a year-on-year (YoY) growth rate of 224.66 per cent. A meeting of the board… Continue reading Karnataka Bank announces net profit of Rs 370.70 crore for June quarter

Radico Khaitan’s profit rises by 10% to Rs 68 crore in Apr-June quarter

Liquor maker Radico Khaitan on Thursday reported a 10.11 per cent increase in its consolidated net profit to Rs 68.26 crore for the June quarter, aided by premiumisation and easing raw material prices. The company had posted a consolidated net profit of Rs 61.99 crore in the April-June period a year ago, Radico… Continue reading Radico Khaitan’s profit rises by 10% to Rs 68 crore in Apr-June quarter

LIC HFC Q1 net profit rises 43% YoY at Rs 1,323.6 crore; NII up 39%

LIC Housing Finance Ltd reported a 43 per cent year-on-year (Y-o-Y) increase in net profit, reaching Rs 1,323.66 crore for the first quarter ending June 2023 (Q1FY24). The company attributed this growth to a strong performance in net interest income (NII) and improved margins. LIC’s NII for the reported quarter escalated by 39… Continue reading LIC HFC Q1 net profit rises 43% YoY at Rs 1,323.6 crore; NII up 39%

Metropolis Healthcare net profit declines 15% to Rs 29 crore in Q1

Metropolis Healthcare on Thursday said its net profit declined 15 per cent to Rs 29 crore for the first quarter ended June 30, 2023. The diagnostics firm had reported a net profit of Rs 34 crore in the April-June quarter of the last fiscal. Revenue from operations declined to Rs 277 crore… Continue reading Metropolis Healthcare net profit declines 15% to Rs 29 crore in Q1

Fintech firm Paytm’s average monthly users increase by 19% to 9.3 crore

Payment volumes for merchants or Gross Merchandise Values (GMV) rose 39 per cent on-year at Rs 1.47 lakh crore. (Photo: Bloomberg) Fintech company Paytm on Thursday said its average monthly users rose by 19 per cent on-year to 9.3 crore. Merchant subscriptions stood at 82 lakhs, with 41 lakh new subscriptions over the… Continue reading Fintech firm Paytm’s average monthly users increase by 19% to 9.3 crore

Deepak Nitrite’s net profit declines by 36% to Rs 150 crore in June quarter

The company’s net profit stood at Rs 234.62 crore during the corresponding period of the previous fiscal, Deepak Nitrite said in a regulatory filing. Chemical manufacturing company Deepak Nitrite on Thursday reported a 36.1 per cent decline in consolidated net profit at Rs 149.9 crore for the June quarter. The company’s net profit… Continue reading Deepak Nitrite’s net profit declines by 36% to Rs 150 crore in June quarter