Lubes maker Gulf Oil Lubricants India on Thursday reported a 20.8 per cent growth in standalone Profit After Tax (PAT) at Rs 68.30 crore in the June quarter. The Hinduja Group company had posted a standalone PAT of Rs 56.53 crore in the first quarter of the previous fiscal, according to a statement.… Continue reading Gulf Oil Lubricants India PAT grows 20.8% to Rs 68.30 cr in June quarter
Tag: quarter
KSB zooms 19% in a weak market on healthy June quarter performance
Shares of KSB hit a new high of Rs 2,730.70, zooming 19 per cent on the BSE in Thursday’s intra-day trade, in an otherwise weak market, after the company reported healthy performance in June quarter (Q2FY24). In the past three weeks, the stock has rallied 35 per cent. Today, the stock surpassed its previous high… Continue reading KSB zooms 19% in a weak market on healthy June quarter performance
UPL slips 5%, hits over 2-year low on weak June quarter results
Shares of UPL hit an over two-year low of Rs 590.10, as they slipped 5 per cent on the BSE in Thursday’s intra-day trade after the company reported a weak set of numbers for the June quarter (Q1FY24). The stock of pesticides & agrochemicals company was trading at its lowest level since March 2021. Thus… Continue reading UPL slips 5%, hits over 2-year low on weak June quarter results
Adani Wilmar posts Rs 79 cr loss in June quarter due to lower income
Adani Wilmar sells edible oils and other food items under Fortune Brand. Edible oil major Adani Wilmar on Wednesday reported a net loss of Rs 79 crore in the June quarter due to lower income amid fall in prices of cooking oils. The company had posted a net profit of Rs 194 crore… Continue reading Adani Wilmar posts Rs 79 cr loss in June quarter due to lower income
India’s services trade surplus drops to three-quarter low in first quarter
India’s services trade surplus fell to $36.4 billion in the April-June quarter of 2023-24, the lowest in three quarters, as services export growth slowed down amid the economic downturn in developed economies. Data released by the Reserve Bank of India (RBI) showed that India’s services exports grew by 6.6 per cent to $80.8… Continue reading India’s services trade surplus drops to three-quarter low in first quarter
Orient Cement’s net profit declines to Rs 37.03 crore in June quarter
Orient Cement’s total expenses were at Rs 772.39 crore in Q1 of FY2023-24, up 17.73 per cent. C K Birla group firm Orient Cement Ltd on Tuesday reported a marginal decline in its net profit at Rs 37.03 crore in the June quarter. It had posted a net profit of Rs 37.41 crore… Continue reading Orient Cement’s net profit declines to Rs 37.03 crore in June quarter
Tribhovandas Bhimji Zaveri reports five-fold jump in profit in June quarter
The Mumbai-based jeweller’s total revenue slid marginally this quarter by 1.6% to 5.71 billion rupees. Revenue had last slid 3.3% in the quarter ended Dec 31, 2020. BENGALURU (Reuters) – Indian jeweller Tribhovandas Bhimji Zaveri reported a nearly five-fold jump in first-quarter profit on Tuesday, as higher margins from premium pricing and lower expenses… Continue reading Tribhovandas Bhimji Zaveri reports five-fold jump in profit in June quarter
Shriram General Insurance reports 37% rise in net profit in June quarter
The company’s solvency at the end of June 2023 was 4.83 from 4.48 a year ago. It has settled 39,076 claims in Q1 FY24 compared to 33,811 in the year-ago period. Shriram General Insurance Company posted a 37 percent growth in net profit at Rs 98 crore during the first quarter of FY 24.… Continue reading Shriram General Insurance reports 37% rise in net profit in June quarter
Gold demand in India dips 7% YoY in June 2023 quarter as prices rise: WGC
The demand for gold in India dropped 7 per cent year-on-year to 158.1 tonne (170.7 tonne in the June 2022 quarter), said the World Gold Council (WGC) in a recent release. High gold prices, and a knee-jerk reaction to the ban on Rs 2,000 notes during the recently concluded quarter, WGC said, also dented… Continue reading Gold demand in India dips 7% YoY in June 2023 quarter as prices rise: WGC
Best Agrolife consolidated net profit jumps to Rs 90.5 cr in June quarter
Agro chemical firm Best Agrolife Ltd on Monday reported an over two-fold jump in its consolidated net profit at Rs 90.5 crore for the June quarter of the current fiscal. Its net profit stood at Rs 40.12 crore in the year-ago period. Total income rose to Rs 616.75 crore in the April-June… Continue reading Best Agrolife consolidated net profit jumps to Rs 90.5 cr in June quarter