The consolidated net profit of Vardhman Textiles Limited for the first quarter of the current financial year (Q1FY24) saw a fall of 58.53 per cent to Rs 136.47 crore, compared to Rs 329.12 crore for the corresponding quarter of the previous year, the company said in a BSE filing. Sequentially, the net profit… Continue reading Net profit falls 58% YoY to Rs 136 crore
Tag: profit
Profit more-than-doubles to Rs 16,884 cr, NII up 25% YoY
State Bank of India (SBI)’s standalone net profit more-than-doubled to Rs 16,884.29 crore in the June quarter (Q1) of financial year 2023-24 (FY24), driven primarily by higher net interest income (NII) and better loan growth. Its net profit was Rs 6,068.1 crore in the corresponding quarter of the previous fiscal (Q1FY23). … Continue reading Profit more-than-doubles to Rs 16,884 cr, NII up 25% YoY
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
Zomato tastes first ever profit at Rs 2 crore in Q1; revenue soars 71%
Food aggregator platform Zomato turned profitable for the first time ever in the first quarter (Q1) of 2023-24 (FY24). The firm reported a consolidated profit after tax of Rs. 2 crore for the quarter that ended in June 2023, compared to a loss of Rs. 186 crore in the year-ago period. Revenue from… Continue reading Zomato tastes first ever profit at Rs 2 crore in Q1; revenue soars 71%
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
Radico Khaitan’s profit rises by 10% to Rs 68 crore in Apr-June quarter
Liquor maker Radico Khaitan on Thursday reported a 10.11 per cent increase in its consolidated net profit to Rs 68.26 crore for the June quarter, aided by premiumisation and easing raw material prices. The company had posted a consolidated net profit of Rs 61.99 crore in the April-June period a year ago, Radico… Continue reading Radico Khaitan’s profit rises by 10% to Rs 68 crore in Apr-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