Tag: profit

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

Century Ply net profit down by 12% to Rs 84 cr in April-June quarter

The company had reported a net profit of Rs 96.47 crore in the year-ago quarter. Leading plywood company Century Plyboards (India) Ltd on Friday reported a 12.8 per cent decline in standalone net profit at Rs 84.1 crore for the June quarter. The company had reported a net profit of Rs 96.47 crore… Continue reading Century Ply net profit down by 12% to Rs 84 cr in April-June quarter

Only 22 out of 148 operational airports making profit: Parliamentary Panel

Only 22 airports out of 148 airports in the country are making profits and despite being on a growth path for the last two decades, the Civil Aviation sector in India has not been able to reap full benefits and demographic dividends, according to a Parliamentary panel. The panel headed by Rajya Sabha… Continue reading Only 22 out of 148 operational airports making profit: Parliamentary Panel

Zomato’s ‘surprise’ faster profit timeline may help serve more gains

Zomato delivered a positive surprise with its strong results for the first quarter of the 2023-24 financial year (Q1FY24). The company reported revenues of Rs 2,416 crore (up 17.5 per cent quarter-on-quarter or Q-o-Q). Revenue growth was led by the food delivery business (up 17 per cent Q-o-Q). Blinkit growth was muted (up 5… Continue reading Zomato’s ‘surprise’ faster profit timeline may help serve more gains

CAMS reports 18% rise in profit after tax to Rs 76 cr in June quarter

Its revenue rose 10.4 per cent to Rs 261.3 crore in the quarter under review from Rs 236.65 crore in the April-June quarter of 2021. Registrar and transfer agent for mutual funds CAMS on Friday reported an 18 per cent growth in profit after tax (PAT) to Rs 76.34 crore for the June quarter.… Continue reading CAMS reports 18% rise in profit after tax to Rs 76 cr in June quarter

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

CESC reports more than 21% rise in Q1 profit on strong power demand

BENGALURU (Reuters) – India’s CESC on Friday reported a more than 21 rise in first-quarter profit, aided by robust power demand in the pre-monsoon and summer months. The power generation and distribution company posted a consolidated net profit of 3.47 billion rupees ($41.90 million) for the quarter ended June 30, compared with 2.86… Continue reading CESC reports more than 21% rise in Q1 profit on strong power demand

Alembic Pharma Q1 consolidated profit rose to $14.6 mn on strong sales

Revenue from its India business rose 9%, while its U.S. business rose 6%. BENGALURU (Reuters) – Indian drugmaker Alembic Pharmaceuticals posted first-quarter profit on Friday, boosted by strong sales in its domestic and U.S. markets. The Vadodara-based company said consolidated profit rose to 1.21 billion rupees ($14.6 million) for the quarter ended June… Continue reading Alembic Pharma Q1 consolidated profit rose to $14.6 mn on strong sales

JK Tyre & Industries Q1 profit rises over 4-fold to Rs 159 cr

Revenue from operations was at Rs 3,718.08 crore as compared to Rs 3,643.03 crore in the year-ago quarter, it added. JK Tyre & Industries on Friday reported an over four-fold rise in consolidated net profit at Rs 158.59 crore for the first quarter ended June 30, 2023.  The company had posted a consolidated… Continue reading JK Tyre & Industries Q1 profit rises over 4-fold to Rs 159 cr