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

Equity valuations once again on the rise even as profit moderates

Sensex at record high: Time to rebalance your portfolios, book profits? Stocks to Watch on July 6: JSW Steel, Adani Wilmar, DCB Bank, Zomato, BSE Recap FY23: Five key events that shaped equity markets this fiscal year Stocks to Watch today, July 12: TCS, HCLTech, Delta Corp, Nazara, Lupin Stocks to Watch: Tata Steel, RIL,… Continue reading Equity valuations once again on the rise even as profit moderates

Reliance Capital posts consolidated net profit of Rs 444 crore in Q1

Its total expenses rose to Rs 5,560 crore, from Rs 4,068 crore in the first quarter of the previous year. Debt-ridden Reliance Capital on Sunday reported coming back in black in the April-June quarter of 2023-24 with a consolidated net profit of Rs 444 crore for the period driven by the good performance of… Continue reading Reliance Capital posts consolidated net profit of Rs 444 crore in Q1

JTL Industries’ Q1 profit more than doubles to Rs 25 cr on higher revenues

The company’s revenues from operations also rose by 37 per cent to Rs 504.80 crore, from Rs 368.03 crore in the year-ago quarter | Illustration: Ajay Mohanty Steel pipes maker JTL Industries Ltd’s consolidated net profit has more than doubled to Rs 25.37 crore during June quarter, on account of higher revenues. It… Continue reading JTL Industries’ Q1 profit more than doubles to Rs 25 cr on higher revenues