Shares of Gujarat Pipavav Ports fell over 5 percent on October 7 after the company reported a disappointing business update for the July-September quarter. The port operator saw a significant drop in both container and dry bulk volumes, which contributed to the stock’s sharp decline. Total container volumes for Q2 fell 17 percent year-on-year to […]
Gujarat Pipavav Shares Drop 5% After Q2 Business Update Disappoints Read More »
Ola Electric Mobility reported a net loss of ₹347 crore for the quarter ending June 30, 2024, marking a 30% increase in losses from ₹267 crore in the same period last year. However, the company, which recently made its debut on the stock market, saw its consolidated revenue from operations rise by 32% year-on-year to
Ola Electric Reports Q1 FY25 Net Loss of ₹347 Crore Despite 32% Revenue Growth Read More »
The shares of MTAR Technologies tumbled to over 6% on August 14, hitting an intraday low of ₹1,672.05 apiece, after its unimpressive financial results for the quarter ending on June 30, 2024. At 11:20 a.m., a partial recovery had helped the stock to down still 4%, to sell at ₹1,709.00 per share. The company posted
MTAR Technologies’ Shares Fall 6% After Firm’s Weak Q1 Results Read More »
Marksans Pharma share edged 13 per cent higher in opening deals today, August 14, 2024, after the company posted strong numbers for the April-June quarter of FY25. The stock was at ₹202.18 on the NSE at 11:54 AM, near its intraday high of ₹213. Its stellar earnings report saw a sharp rise in trading volume
Marksans Pharma Surges 13% After Strong Q1 Performance Boosts Investor Confidence Read More »
Hindalco Industries, a flagship company of the Aditya Birla Group, reported a 25% year-on-year increase in its net profit for Q1 FY25, amounting to ₹3,074 crore. This result, announced on August 12, 2024, fell short of market expectations, as a Bloomberg poll had estimated a net profit of ₹3,428 crore for the quarter. The company’s
Hindalco Q1 Results: Net Profit Rises 25% to ₹3,074 Crore Read More »
Olectra Greentech’s stock surged by more than 12% on August 13 after the company announced impressive financial results for the first quarter of FY25. The Hyderabad-based electric vehicle (EV) manufacturer reported a 34% year-on-year (YoY) increase in net profit, reaching ₹24 crore. Revenue also saw significant growth, climbing 45% YoY to ₹314 crore for the
Olectra Greentech Stock Soars 12% Following Strong Q1 Earnings Report Read More »
On August 10, shares of Shipping Corporation of India jumped more than 10 per cent after the company posted strong first-quarter earnings for FY25. Net profit surged 70 per cent year-on-year to ₹291.5 crore at the state-run enterprise. Further, revenue from operations gained 26 per cent year-on-year to ₹1,514.3 crore. On an operating level, EBITDA
Shipping Corporation Shares Surge 10% on Strong Q1 Earnings; Up 170% Over the Year Read More »
Info Edge’s consolidated net profit rose to ₹ 232.29 crore in the first quarter of FY25, growing by 10.5% year-on-year. There was a continued rise in the recruitment business that helped grow the revenue from operations by 5% to ₹ 638.90 crore in the quarter. While the operating profit margins of the company are stuck
Info Edge Q1 Net Profit Increases by 10.5% to ₹232 Crore Read More »
IRB Infrastructure Developers Ltd posted a consolidated net profit of ₹140 crore for the June quarter of FY25, up 5% against the ₹134 crore profit in the same quarter in the previous financial year. Higher income during the quarter boosted profit : company’s exchange filing. Its consolidated total income increased 13 percent to ₹1,972 crore
IRB Infrastructure Developers Q1 Net Profit Rises 5% to ₹140 Crore Read More »
Trent Limited, part of the Tata Group, posted a more than doubling of consolidated net profit for Q1 FY25 to Rs 392.60 crore as against Rs 173.48 crore for April-June quarter of this financial year. The results were far ahead of market estimates. The topline growth of the company stood at 56 per cent at
Trent Q1 FY25 Results: Net Profit Surges 126% to Rs 393 Crore Read More »
