Bharti Airtel reported encouraging results for the April-June quarter (Q1) of 2023-24 financial year (FY24) with consolidated revenues and earnings before interest, taxes, depreciation, and amortization (Ebitda) of Rs 37,400 crore and Rs 19,750 crore, respectively. The revenues were up 4 per cent quarter-on-quarter (Q-o-Q) and up 14 per cent year-on-year (Y-o-Y). Ebitda was… Continue reading Airtel emitting strong signals; improving margins along with debt-reduction
Tag: margins
Britannia Industries’ net profit up 35.6% as margins expanded in Q1
Britannia Industries’ net profit in the April-June quarter of FY24 increased 35.6 per cent to Rs 457.6 crore as its profit before interest, depreciation, and tax (PBIDT) went up 34.1 per cent. The Nusli Wadia group firm’s net sales in the quarter increased 8.6 per cent to Rs 3,969.8 crore. The maker… Continue reading Britannia Industries’ net profit up 35.6% as margins expanded in Q1
Ambuja Cements Q1FY24 profit up 31% YoY to Rs 1,135 crore, margins expand
Adani Group-owned Ambuja Cement, on Wednesday, reported a 31 per cent year-on-year (YoY) rise in consolidated net profit for the April-June quarter of financial year 2023-24 (Q1FY24). Profit after tax (PAT) for the quarter stood at Rs 1,135.46 crore as against Rs 865.44 crore profit seen in the corresponding quarter of the previous year… Continue reading Ambuja Cements Q1FY24 profit up 31% YoY to Rs 1,135 crore, margins expand