Unicommerce Esolutions reported a net profit of Rs 3.5 crore for the quarter ended June 30, 2024, which was up by 31% from Rs 2.7 crore reported by the company in the year ago period. The revenue from operations stood at Rs 27.5 crore, which was higher by 9% over Rs 25 crore posted in … Read more
Hero MotoCorp on Tuesday reported a standalone net profit of Rs 1,123 crore for the quarter ended June 30, 2024 which was up by 36% from Rs 825 crore posted by the two-wheeler maker in the year ago period. The revenue from operation for the reporting quarter stood at Rs 10,144 crore, which was up … Read more
Leading hospital chain Apollo Hospitals reported 83% growth in its consolidated net profit at Rs 305 crore for the first quarter ended June 2024. It was Rs 167 crore in the year-ago period. Revenue from operations in the reporting period increased 15% year-on-year to Rs 5,086 crore as against Rs 4,418 crore in the last … Read more
Britannia on Friday reported that its June quarter consolidated profit rose 10.5% year-on-year (YoY) to Rs 506 crore while revenue rose 4% YoY to Rs 4,130 crore. The ETNOW poll had pegged the PAT at Rs 513 cr and revenue at Rs 4,202 cr. Its operating profit margins expanded 50 bps YoY to 17.7% whole … Read more
Mahindra and Mahindra is expected to report healthy growth in its revenues for the first quarter ended June 2024, driven by tractor and automotive segments. Meanwhile, profits are likely to be muted. Revenue from operations may increase 16% year-on-year, according to an average estimate of four brokerages, while net profit is likely to be flat … Read more
Adani Group’s cement unit ACC on Monday reported that its June quarter consolidated profit fell 22.5% year-on-year (YoY) to Rs 361.40 crore while the revenue fell 1% YoY to Rs 5,155 crore. Kiln fuel cost improved from Rs 2.14 per ‘000 kCal to Rs. 1.73 per ‘000 kCal with change of fuel basket and higher … Read more
The first quarter earnings season is underway and as many as 95 companies will announce their quarterly numbers on Monday. Key results to watch out include that of Adani Total Gas, HPCL, Adani Wilmar and ACC. Apart from the above, companies like Apollo Pipes, ASK Automotive, Bharat Electronics, Colgate Palmolive, CSB Bank, Elnet Technologies, Fredun … Read more
Power Grid on Friday reported a standalone net profit of Rs 3,412 crore in the first quarter ended June 2024. This is a fall of 4% from Rs 3,542 crore posted in the same quarter last year. Revenue from operations during the same period declined 2% year-on-year to Rs 10,068 crore as against Rs 10245 … Read more
India’s largest airline by market share, InterGlobe Aviation is expected to report a sharp decline in its year-on-year net profit for the three-month period ended June 30, 2024. The profit after tax (PAT) is seen in the range between Rs 2,135 crore – Rs 2,430 crore for April-June according to estimates by a couple of … Read more
Leading NBFC Bajaj Finance is expected to post healthy growth in its core earnings for the first quarter ended June 2024. Net interest income for the reporting June quarter is likely to grow 26% year-on-year, according to an average estimate of four brokerages. Profit after tax (PAT), meanwhile, is seen rising 16% year-on-year. The company’s … Read more
