The shares of V-Mart Retail surged over 14% to touch the level of 52 weeks high at ₹ 3,299 on August 6, after the company delivered a strong performance in the quarter ended June, ahead of the market expectations. At 10 am, V-Mart Retail was trading its shares in the NSE at the rate of […]
V-Mart Retail Shares Surge 14% on Strong Q1 Earnings Read More »
Shares of Tamilnad Mercantile Bank (TMB) have jumped over 5 percent today, August 5, as investors got continued to cheer the bank’s stellar earnings posted for the fiscal first quarter. Net profit increased by 10 percent at Rs 287.29 crore, which was led by an increase in net interest income. This is its highest-ever net
Tamilnad Mercantile Bank Stock Surges Following Strong Q1 Results Read More »
The country’s largest lender, State Bank of India, announced on August 3 that it had hiked its net profit by about 1 percent at Rs 17,035.16 crore for the first quarter of the current financial year, which saw a marginal rise from last year’s Q1 when its net profit stood at Rs 16,884 crore. Sequential
State Bank of India Q1 Results: Net Profit Rises 1% to Rs 17,035 Crore Read More »
On August 2, Britannia Industries reported a significant increase in its consolidated net profit for the June quarter, reaching Rs 524 crore. This marks a 14.5 percent rise from Rs 458 crore in the same quarter of the previous financial year. The company’s revenue from operations also saw a growth of 4 percent, coming in
Britannia Industries Sees Q1 Net Profit Surge by 14.5% to Rs 524 Crore Read More »
Net profit has increased 126.5 times to ₹253 crore for the food aggregator in the April-June quarter, or Q1FY25, versus ₹2 crore in the comparable period of the previous year. This is the fifth consecutive quarter for the company to be in the black. “The revenue demonstrated a strong growth of 74% on a year-on-year
Adani Ports and Special Economic Zones (APSEZ) reported a strong financial performance for the first quarter of the fiscal year 2024-25 (Q1FY25). The company’s consolidated net profit soared by 47% year-on-year to ₹3,113 crore, up from ₹2,115 crore in the same quarter of the previous year. This impressive growth was bolstered by a one-time gain
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 »
