Gold price slips Rs 10 to Rs 66,810, silver falls Rs 100 to Rs 77,400 | Commodities

In Mumbai, the price of ten grams of 22-carat gold is at par with that in Kolkata and Hyderabad, at Rs 61,240 | Photo: Unsplash The price of 24-carat gold slipped Rs 10 in early trade on Monday, with ten grams of the precious metal trading at Rs 66,810, according to the GoodReturns website.… Continue reading Gold price slips Rs 10 to Rs 66,810, silver falls Rs 100 to Rs 77,400 | Commodities

Domestic ownership falls 1st time in 7 quarters, rise in foreign investment

Domestic investors’ — individual and institution — ownership in listed companies on the National Stock Exchange (NSE) declined for the first time in seven quarters amid a rise in investments by overseas funds. During the June quarter of the 2023-24 financial year (Q1FY24), it stood at 25.50 per cent, down 25.73 per cent from… Continue reading Domestic ownership falls 1st time in 7 quarters, rise in foreign investment

Consolidated net profit falls 7% to Rs 318 crore

Illustration: Ajay Mohanty The consolidated net profit of Godrej Consumers Product Limited for the first quarter of the current financial year (Q1FY24) saw a fall of 7.62 per cent to Rs 318.82 crore, compared to Rs 345.12 crore for the corresponding quarter of the previous year, the company said in a BSE filing. … Continue reading Consolidated net profit falls 7% to Rs 318 crore

Punjab & Sind Bank Q1 net profit falls 25 pc to Rs 153 crore

Public sector lender Punjab & Sind Bank on Saturday reported a 25 per cent decline in net profit to Rs 153 crore for the June 2023 quarter, partly due to the provision of wage revision and fresh slippages. The lender had reported a net profit of Rs 205 crore in the April-June quarter… Continue reading Punjab & Sind Bank Q1 net profit falls 25 pc to Rs 153 crore

Fortis Healthcare PAT falls 8.6% to Rs 122.5 cr in April-June quarter

Its consolidated revenues in the first quarter stood at Rs 1,657 crore against Rs 1,488 crore in the year-ago period, a growth of 11.4 per cent. Fortis Healthcare Ltd on Friday reported an 8.6 per cent decline in consolidated profit after tax to Rs 122.5 crore for the first quarter ended June 30. … Continue reading Fortis Healthcare PAT falls 8.6% to Rs 122.5 cr in April-June quarter

DLF’s net debt falls 92% to record low Rs 57 cr at end of June quarter

Realty firm DLF’s net debt has come down by 92 per cent to Rs 57 crore — the lowest level — at the end of the first quarter of this fiscal on better cash flow driven by strong housing sales. According to an investors’ presentation, DLF’s net debt stood at Rs 57 crore… Continue reading DLF’s net debt falls 92% to record low Rs 57 cr at end of June quarter

Gold price falls Rs 160 to Rs 59,950; silver slumps Rs 2,300 to Rs 75,000

The price of 24-carat gold declined Rs 160 during Friday’s early trade, with ten grams of the precious metal selling at Rs 59,950, according to the GoodReturns website. Silver price fell Rs 2,300, with 1 kg of the precious metal selling at Rs 77,300.   The price of 22-carat gold also fell Rs 150,… Continue reading Gold price falls Rs 160 to Rs 59,950; silver slumps Rs 2,300 to Rs 75,000

Biz services provider Quess Corp profit falls 29% to Rs 48 crore in Q1

Leading business services provider Quess Corp has reported a 29.41 per cent decline in profit after tax at Rs 48 crore for the June quarter. The company’s profit after tax stood at Rs 68 crore in the corresponding quarter of the previous financial year, a company release said. It reported a revenue… Continue reading Biz services provider Quess Corp profit falls 29% to Rs 48 crore in Q1