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

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

Fortis Healthcare PAT falls 8.6% to Rs 122.5 cr in April-June quarter

Its consolidated revenues in the first quarter stood at Rs 1,657 crore against Rs 1,488 crore in the year-ago period, a growth of 11.4 per cent. Fortis Healthcare Ltd on Friday reported an 8.6 per cent decline in consolidated profit after tax to Rs 122.5 crore for the first quarter ended June 30. … Continue reading Fortis Healthcare PAT falls 8.6% to Rs 122.5 cr in April-June quarter

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

DLF’s net debt falls 92% to record low Rs 57 cr at end of June quarter

Realty firm DLF’s net debt has come down by 92 per cent to Rs 57 crore — the lowest level — at the end of the first quarter of this fiscal on better cash flow driven by strong housing sales. According to an investors’ presentation, DLF’s net debt stood at Rs 57 crore… Continue reading DLF’s net debt falls 92% to record low Rs 57 cr at end of June quarter

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

IndiGo shares decline nearly 5% after record first quarter showing

BSE Odisha 10th Result 2023: All you need to know about checking result Assam HS Result 2023: AHSEC 12th results are out at official website CBSE Results 2023: Everything you need to know to check at website After a solid Q1, IndiGo’s troubles may mount in Q2FY24, warn analysts IndiGo Q3: Focus on international destinations… Continue reading IndiGo shares decline nearly 5% after record first quarter showing

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