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 »
For the quarter ended April-June of fiscal year 2025, Kotak Mahindra Bank reported an 81% rise in net profit to Rs 6,250 crore, from Rs 3,452 crore in the same quarter last year. This was helped by a Rs 3,012 crore gain on account of the sale of its stake in Kotak General Insurance to
Kotak Mahindra Q1 Profit Soars 81% to Rs 6,250 Crore on Insurance Stake Sale Read More »
HDFC Bank reported a year-on-year increase of 35.3% in profit after tax (PAT) to Rs 16,174.75 crore for the first quarter of the current financial year. But on a quarterly basis, the bank’s net profit dropped 2.1%. The bank’s gross NPA ratio increased to 1.33% as of June 30 from 1.24% in the previous quarter
HDFC Bank Q1 profit rises 35% to ₹16,174.75 crore, NPAs Increases Read More »
RBL Bank reports a 29% increase in Q1 net profit to Rs 372 crore and an improvement in asset quality. RBL Bank reported a 29% increase in net profit for the April-June quarter of fiscal 2025 at Rs 372 crore as against Rs 288 crore a year ago. The asset quality of the bank witnessed
RBL Bank Reports 29% Increase in Q1 Net Profit to Rs 372 Crore, Asset Quality Improves Read More »
