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Q1 NET PROFIT NEWS

Q1 results: Adani Total Gas posts profit rise, HPCL net profit slumps

July 29, 2024 8:02 pm

Adani Total Gas reported a jump in first-quarter profit, helped by strong demand for the cleaner-burning compressed natural gas (CNG), sending its shares 2 per cent higher.

Adani group had a net debt of Rs 18,689.7 crore after accounting for a cash balance of Rs 42,115 crore.

Adani Group's EBITDA grows 42% in Q1 as businesses log impressive growth

August 23, 2023 1:50 pm

All-time high EBITDA of Rs 23,532 crore in April-June was almost equal to the full-year FY19 (April 2018 to March 2019 fiscal year) EBITDA of Rs 24,780 crore, Adani group said in a statement.

The customer deposits at Airtel Payments grew to Rs 1,922 crore and it now has 5.54 crore monthly transacting users, an annualised gross merchandise value (GMV) of Rs 2,381,00 crore.

Airtel Payments Bank revenue grows 41% to Rs 400 crore

August 17, 2023 2:30 pm

Airtel Payments Bank said its revenue witnessed a year-on-year growth of 41 per cent to Rs 400 crore in the first quarter ended June 30, 2023.

ITC Q1 net profit revenue hotels business demerger

ITC Q1 net profit jumps 18%; board approves hotels business demerger, listing in 15 months

August 16, 2023 9:05 am

ITC's board also approved the demerger of hotels business, and set an indicative timeline of listing of the new firm in 15 months.

ITC bets big on FMCG business for growth with annual consumer spend of Rs 29,000 crore

August 11, 2023 1:44 pm

Speaking at the 112th AGM of the company, ITC chairman Sanjiv Puri said the FMCG brands are being exported to several countries and the business vertical has immense growth potential due to the rising per capita income of the people.

State-owned LIC net profit jumped 13 per cent from Rs 683 crore in the year-ago period.

LIC shares jump 6% after insurance behemoth's net profit jumps multifold

August 11, 2023 11:37 am

LIC's shares opened higher at Rs 666 and soon climbed 5.8 per cent to hit an intraday high of Rs 679 on NSE.

Bharat Forge Q1 Results: Net profit rises 33.27% to Rs 213.73 crore

August 09, 2023 1:45 pm

Bharat Forge's consolidated revenue from operations was at Rs 3,877.27 crore as against Rs 2,851.46 crore in the year-ago period.

Hindalco posts 40% slump in Q1 profit on weaker volumes, metal prices

August 08, 2023 3:12 pm

Hindalco's aluminium upstream and downstream businesses experienced 7% and 11% declines in revenue, respectively, while its copper segment reported a 9% growth.

SBI posts highest-ever quarterly profit, expects to maintain credit growth at 14-16% in FY24

August 04, 2023 7:34 pm

SBI’s asset quality improved, with gross non-performing assets (NPAs) declining to 2.76 per cent from 3.91 per cent.

Zomato shares spurt 14% after food delivery platform turns profitable

August 04, 2023 10:15 am

Zomato's stock jumped 14.11 per cent to touch an intraday high of Rs 98.39 on BSE, against its previous close of Rs 86.22.

Bihar Assembly polls to be held before November 22: Election Commission

India1 hr ago

CEC Gyanesh Kumar confirmed Bihar Legislative Assembly elections before November 22, introduced reforms and logistical changes for free, fair and timely elections. A major initiative is the reduction of number of electors per polling station to 1,200. Parties had suggested that elections be held right after the Chhath festival, and in as few phases as possible to maximise voter participation.

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