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
Mumbai: Shares of Chennai-based Sun TV Network tumbled as much as 12% on Monday, emerging as one of the top losers, after the company’s June quarter earnings disappointed investors, triggering analyst downgrades. The stock closed at ₹819.5 on Monday, down 10.6% over the previous day. Sun TV’s consolidated profit for April-June fell 5.5% to ₹560 … Read more
Metropolis Healthcare on Saturday reported a 31.3% year-on-year (YoY) rise in net profit to Rs 38.1 crore in Q1FY25 let my volume increase and better patient realisations. The diagnostic chain reported Rs 29 crore net profit in the corresponding quarter of the previous year. Revenue from operations grew by 13.1% YoY to Rs 313.4 crore. … Read more
ET Intelligence Group: Pune-headquartered Brainbees Solutions is a unicorn startup that runs India’s largest multi-channel retailing platform, FirstCry, as a one-stop solution for mothers, babies and kids for shopping, content, community engagement and education (pre-schools). The company is launching a ₹4,193 crore initial public offering (IPO), which includes a fresh issue of ₹1,666 crore and … 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 board of directors of the state-owned company NTPC on Saturday declared August 7 as the record date for the purpose of determining the eligible shareholders for the final dividend of Rs 3.25 per share. “It is hereby informed that the Company has fixed Wednesday, 7th August, 2024 as Record Date for the purpose of … 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
