Its revenue rose 29.2% to 12.84 billion rupees in April-June quarter, which managed to offset a 29% rise in expenses. BENGALURU (Reuters) – India’s MedPlus Health Services reported a 18.3% rise in first-quarter profit on Monday as increased presence of the pharmacy helped drive its retail sales. The company’s consolidated net profit rose… Continue reading MedPlus Health reports 18% rise in Apr-June qtr profit on retail demand
Tag: profit
Bayer Cropscience posts profit rise in Q1 on corn business strength
Illustration: Ajay Mohanty Bayer Cropscience, the Indian unit of German drug and pesticide maker Bayer AG, on Monday reported an 8.6% rise in quarterly profit, boosted by strong sales in its corn seeds business. Profit rose to 3.29 billion rupees ($39.77 million) for the quarter ended June 30, from 3.03 billion rupees a… Continue reading Bayer Cropscience posts profit rise in Q1 on corn business strength
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
India Inc profit surges 65%, world entering green energy era
World entering a highly disruptive green energy era, says Mukesh Ambani Reliance Industries (RIL’s) annual report released on Sunday highlighted the company’s focus on new energy solutions, with Chairman and Managing Director (MD) Mukesh Ambani stating that the age of fossil fuels will not continue much longer. RIL has sought shareholders’ approval to give Ambani… Continue reading India Inc profit surges 65%, world entering green energy era
India Inc profit surges 65% but shows lopsided growth
Premium Illustration: Ajay Mohanty There has been a sharp recovery in the headline corporate earnings in the April-June 2023 quarter (Q1FY24), after a dismal showing by early bird companies. The combined net profit of the 983 listed companies that have declared their quarterly results, so far, was up 64.7 per cent year-on-year to record… Continue reading India Inc profit surges 65% but shows lopsided growth
Profit of PSU banks more than doubles to Rs 34,774 cr in April-June quarter
Public sector banks (PSBs) have once again posted stellar performance by registering more than double profit of Rs 34,774 crore for the first quarter ended June 2023. During the April-June period of the previous fiscal, all 12 state-owned banks had recorded a total profit of Rs 15,306 crore, according to quarterly numbers published… Continue reading Profit of PSU banks more than doubles to Rs 34,774 cr in April-June quarter
Affle India’s profit after tax rises over 21% to Rs 66.2 cr in April-June
Global technology company Affle (India) Limited on Saturday reported a 21.4 per cent rise in its profit after tax at Rs 66.4 crore in the April-June quarter of this fiscal. The company promoted by Singapore-based Affle Holdings had registered a profit after tax (PAT) of Rs 54.5 crore in the first quarter of… Continue reading Affle India’s profit after tax rises over 21% to Rs 66.2 cr in April-June
Axiscades back in black with consolidated net profit of Rs 5.70 cr in Q1
Representative Image (Illustration: Ajay Mohanty) Engineering solutions provider Axiscades Technologies has returned to black posting a consolidated net profit of Rs 5.70 crore during the quarter ended June 30, backed by higher income. It had clocked a net loss of Rs 31.69 crore during the April-June period of the preceding 2022-23 fiscal, the… Continue reading Axiscades back in black with consolidated net profit of Rs 5.70 cr in Q1
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
Computer Age Management reports Q1 consolidated profit at Rs 75.67 cr
Illustration: Ajay Mohanty Computer Age Management Services Ltd has reported a consolidated profit for the April-June 2023 quarter at Rs 75.67 crore, the company said on Saturday. The company, one of the largest registrar and transfer agents in the mutual fund industry, has reported a consolidated profit at Rs 64.60 crore in the… Continue reading Computer Age Management reports Q1 consolidated profit at Rs 75.67 cr