Adani Power, a leading power generation company, reported a 55% drop in net profit for the first quarter, coming in at Rs 3,900 crore compared to Rs 8,759 crore in the same quarter last year. Despite the fall in profit, the company’s revenue saw a significant increase of 36%, reaching Rs 14,717 crore from Rs […]
Adani Power Q1 Results: Net Profit Drops 55% YoY to Rs 3,900 Crore; Revenue Grows Read More »
Mahindra & Mahindra (M&M) has announced its financial results for the first quarter of FY25, reporting a net profit of Rs 2,612 crore. This marks a slight decrease from the Rs 2,774 crore profit recorded in the same quarter last year. The Pune-based automaker’s revenue from operations increased to Rs 27,038.79 crore, up from Rs
The net profit of Indian Bank has increased exponentially to ₹2,403.42 crore in the first quarter of this financial year from ₹1,705.58 crore in the same quarter last fiscal, notching 40.6 per cent growth. Sequential growth was about 7 percent. The gross non-performing asset ratio of the bank improved to 3.77%, against 5.47% in the
Indian Bank Q1 net profit surges 41 per cent to ₹2,403.42 crore Read More »
Bharat Electronics Limited (BEL) reported a significant increase in its net profit for the first quarter of fiscal year 2025, reaching ₹776 crore, a 46.1% rise from ₹531 crore in the same period last year. Increased revenues and improved margins drove this strong performance. The company’s revenue grew by 19.6%, amounting to ₹4,199 crore, up
BEL Q1 Net Profit Soars 46.1% to ₹776 Crore Read More »
Shares of KEC International surged over 3% following the announcement of robust fiscal first-quarter results and plans for a significant fundraising initiative. The company reported a net profit of ₹87.6 crore for the quarter ending in June, more than double the ₹42 crore recorded in the same period last year. KEC International’s revenue increased by
KEC International Shares Rise on Strong Q1 Earnings and ₹6,000 Crore Fundraise Plan Read More »
InterGlobe Aviation, operator of IndiGo, India’s biggest airline, posted a net profit of ₹2,736 crore for the quarter ended June 2024, down 11.5% from ₹3,090.6 crore in the June quarter last year. The fall in profit was due to higher fuel costs, even as revenue rose significantly. IndiGo’s revenue from operations rose by 17.3% to
IndiGo Q1 Net Profit Drops 11.5% to ₹2,736 Cr on Rise in Fuel Costs Read More »
State-owned Canara Bank on Monday posted a net profit of ₹3,905.28 crore in the first quarter of the current financial year, up about 10.5% from ₹3,534 crore in the same quarter a year ago. The profit also rose by 4.0% sequentially over the previous quarter. Asset Quality: The asset quality of Canara Bank has improved,
Canara Bank Q1 Net Profit Rises 11 Per Cent to ₹3,905 Crore Read More »
Nestle India reported a 6.9% year-on-year increase in net profit for the first quarter of fiscal year 2025, reaching ₹746.6 crore compared to ₹698.3 crore in the same period last year. This figure fell short of market expectations, as a Moneycontrol poll of eight brokerages had projected a net profit of ₹798 crore. The FMCG
Nestle India Q1 Results Net Profit Rises 7% to ₹747 Crore; Shares Decline Read More »
Axis Bank posted a net profit of ₹6,035 crore for the first quarter of fiscal year 2025, compared with ₹3,452 crore in the corresponding period last year. On top of that, this income statement had been standing higher compared to the expectations of eight brokerages, which estimated a net profit of ₹5,797 crore. Sequentially, though,
Axis Bank Q1 Net Profit spurts to ₹6,035 crore Read More »
Petronet LNG Limited reported a consolidated net profit of ₹1,100.76 crore for the first quarter of the financial year 2024-25, marking a 34% increase compared to ₹819.28 crore in the same period last year. The significant profit growth was also reflected in a nearly 50% rise from the previous quarter’s ₹734.07 crore. The company’s revenue
Petronet LNG Q1 Net Profit Surges 34% to ₹1,100 Crore, Revenue Climbs Read More »
