Paytm, operated by One 97 Communications Ltd, reported a wider net loss of Rs 839 crore for the first quarter of FY25, compared to Rs 357 crore in the same period last year. The company’s revenue from operations fell by 36% to Rs 1,502 crore from Rs 2,342 crore a year ago, primarily due to […]
Paytm Reports Increased Net Loss and Decline in Revenue for Q1FY25 Read More »
Bajaj Auto, a major player in the two-wheeler market, reported a consolidated net profit of Rs 1,942 crore for the quarter ending June 30, 2024. This marks an 18% increase from the Rs 1,644 crore reported during the same period last year. The company’s revenue from operations for this quarter rose to Rs 11,932 crore,
Bajaj Auto Q1 Results: Net Profit Jumps 18% to Rs 1,942 Crore, Revenue Grows 16% Read More »
In the first quarter of the fiscal year 2025, HDFC Life Insurance reported a net profit of Rs 479 crore, marking a 15% increase compared to the same period last year. This growth was driven by a substantial rise in both first-year and renewal premiums. The net profit figures aligned with market expectations, as a
Avenue Supermarts Ltd., the operator of the popular retail chain DMart, has reported its consolidated profits for the quarter ending June 2024. Profits surged to Rs 774 crore from Rs 659 crore in the same period last year, showing a healthy growth of 17.5% year-on-year. Additionally, the revenue grew by 18.6% YoY to stand at
DMart’s Q1 Profits Surge by 17.5% to Rs 774 Crore, Revenue Climbs 18.6% Read More »
Tata Consultancy Services (TCS), India’s largest IT company, announced its financial results for the first quarter of FY25, aligning with market expectations. The company’s consolidated net profit rose by 9% year-on-year to Rs 12,040 crore for the April-June period. TCS’s revenue from operations also saw a year-on-year increase of 5.4%, reaching Rs 62,613 crore. Market
TCS Q1 Results: Net Profit Rises 9% to Rs 12,040 Crore; Rs 10 Dividend Announced Read More »
NELCO Ltd., a subsidiary of Tata Power Company Ltd., reported lower-than-expected financial results for the first quarter of FY25, leading to a significant drop in its stock price. The company’s net profit for the quarter fell by 20.4 percent year-on-year to Rs 4.6 crore, while revenue from operations decreased by 6 percent to Rs 74.1
NELCO’s Q1 Financial Performance Disappoints, Stock Drops by 4% Read More »
Shares of GM Breweries Ltd. experienced a notable recovery from earlier lows to post gains on Tuesday following the announcement of the company’s June quarter results. For the April-June period, GM Breweries reported a net profit of ₹24.9 crore, marking a substantial 25% increase compared to the same period last year. The company also saw
GM Breweries Q1 Results: Robust Revenue Growth by 3.8% Read More »
Shares of Shalby Ltd. dropped nearly six percent following the company’s announcement of a significant 20 percent decrease in consolidated net profit for Q1 FY25, which fell to Rs 16.6 crore from Rs 20.8 crore in the corresponding period last year. At 2:05 PM, Shalby’s shares were trading down by 2.4 percent at Rs 303.
Shalby Shares Down 6% as Q1 Net Profit Falls 20%, Marking Significant Financial Setback Read More »
