Tag: net

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

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

Consolidated net profit up 56% YoY to Rs 3,683 cr

The consolidated net profit of Mahindra & Mahindra (M&M) Limited for the first quarter of the current financial year (Q1FY24) saw a rise of 56.04 per cent to Rs 3,683.87 crore, compared to Rs 2,360.70 crore for the corresponding quarter of the previous year, the company said in a BSE filing. Sequentially, the net… Continue reading Consolidated net profit up 56% YoY to Rs 3,683 cr

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

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

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

Bharti Airtel’s consolidated Q1 net profit up marginally at Rs 1,612 crore

Bharti Airtel reported a slight increase in consolidated net profit to Rs 1,612 crore in the first quarter (April-June) of FY24, up from Rs 1,607 crore during the same period last year. Sequentially, however, the net profit nearly halved from Rs 3,005.6 crore in Q4FY23. The company’s consolidated revenue for Q1FY24 increased 19… Continue reading Bharti Airtel’s consolidated Q1 net profit up marginally at Rs 1,612 crore