The standalone net profit of Strides Pharma for the first quarter of the current financial year (Q1YFY24) stood to Rs 8 crore. However, in Q1FY23, the standalone net loss stood at Rs 66.25 crore. Sequentially, the net profit was down 87.1 per cent. In Q4FY23, the net profit of the company was Rs… Continue reading Net profit at Rs 8 cr; revenue up 12%
Tag: net
Orient Cement’s net profit declines to Rs 37.03 crore in June quarter
Orient Cement’s total expenses were at Rs 772.39 crore in Q1 of FY2023-24, up 17.73 per cent. C K Birla group firm Orient Cement Ltd on Tuesday reported a marginal decline in its net profit at Rs 37.03 crore in the June quarter. It had posted a net profit of Rs 37.41 crore… Continue reading Orient Cement’s net profit declines to Rs 37.03 crore in June quarter
Shriram General Insurance reports 37% rise in net profit in June quarter
The company’s solvency at the end of June 2023 was 4.83 from 4.48 a year ago. It has settled 39,076 claims in Q1 FY24 compared to 33,811 in the year-ago period. Shriram General Insurance Company posted a 37 percent growth in net profit at Rs 98 crore during the first quarter of FY 24.… Continue reading Shriram General Insurance reports 37% rise in net profit in June quarter
BP logs 70% dip in second-quarter net profit, raises dividend by 10%
BP’s second-quarter profit slumped 70 per cent from a year earlier to $2.6 billion, missing forecasts, as refining margins and oil trading income fell, but still allowing the energy giant to boost its dividend by 10 per cent. Rivals Chevron, Exxon Mobil, Shell and TotalEnergies have also reported sharp drops in quarterly earnings,… Continue reading BP logs 70% dip in second-quarter net profit, raises dividend by 10%
Net profit jumps 258% YoY to Rs 89 cr
Illustration: Ajay Mohanty The standalone net profit of Welspun Enterprises for the first quarter of the current financial year (Q1YFY24) saw a rise of 258.8 per cent to Rs 89.64 crore, compared to Rs 24.98 crore for the corresponding quarter of the previous year, the company said in a BSE filing. Sequentially, the… Continue reading Net profit jumps 258% YoY to Rs 89 cr
Consolidated net profit falls 45% to Rs 1,792 crore
State-run gas supplier GAIL on Monday reported a 45 per cent decline in consolidated net profit at Rs. 1,792 crore in the first quarter (April-June) of 2023-24 (FY24) against Rs. 3,250 crore in the year-ago period. Sequentially, its net profit rose 179 per cent, up from Rs. 604 crore. This was mainly on… Continue reading Consolidated net profit falls 45% to Rs 1,792 crore
Best Agrolife consolidated net profit jumps to Rs 90.5 cr in June quarter
Agro chemical firm Best Agrolife Ltd on Monday reported an over two-fold jump in its consolidated net profit at Rs 90.5 crore for the June quarter of the current fiscal. Its net profit stood at Rs 40.12 crore in the year-ago period. Total income rose to Rs 616.75 crore in the April-June… Continue reading Best Agrolife consolidated net profit jumps to Rs 90.5 cr in June quarter
Net profit dips 5.9% to Rs 175.1 crore
Adani Energy Solutions (formerly Adani Transmission) reported a 5.9 per cent dip in net profit (attributable to the owners) for the June 2023 quarter (Q1FY24) compared to a year ago. The company reported a double-digit growth in revenue, while other income slipped significantly. For Q1FY24, net profit was Rs. 175.1 crore, lower… Continue reading Net profit dips 5.9% to Rs 175.1 crore
IRB Infrastructure Developers Q1 net profit falls to Rs 134 crore
Illustration: Ajay Mohanty IRB Infrastructure Developers on Monday posted a 63 per cent fall in its profit after tax to Rs 133.77 crore during the April-June quarter, dragged by lower income. It had reported a net profit of Rs 363.19 crore during the April-June period last year, the company said in a regulatory… Continue reading IRB Infrastructure Developers Q1 net profit falls to Rs 134 crore
Net profit jumps 957% YoY at Rs 155 cr
The standalone net profit of Welspun India for the first quarter of the current financial year (Q1YFY24) saw a rise of 957.68 per cent to Rs 155.48 crore, compared to Rs 14.70 crore for the corresponding quarter of the previous year, the company said in a BSE filing. Sequentially, the net profit was… Continue reading Net profit jumps 957% YoY at Rs 155 cr