For Q1 FY 2024-25, Eicher Motors Ltd recorded best ever total revenue from operations at Rs 4,393 crore (up 10 percent), EBITDA at Rs 1,165 crores (up 14 percent) and Profit after Tax at Rs 1,101 crores (up 20 percent)
The country’s largest carmaker's April-June revenue rose 9.9 percent to Rs 35,531.4 crore
The Mumbai-based company's consolidated net profit went up by 20 percent at Rs 3,283 crore, as compared to Rs 2,745 crore in the year ago period
Bajaj Auto Q1 FY25 results exceeded analysts’ expectations, aided by better product mix, higher selling prices, and robust sales.
The results were aided by a focus on performance and costs, the company said in a statement. Its shares jumped 3.3 per cent to Rs 181.45 on the BSE after the announcement.
During the quarter, total revenue increased by 68 per cent YoY to Rs 3,115 crore from Rs 1,860 crore in first quarter of FY22. The increase is primarily attributable to higher contribution from short-term sales, solar capacity addition at Vijayanagar and 45MW uprating at Karcham Wangtoo, it stated.
Axis Bank added Rs 994 crore to its contingency provisioning pool in the April-June quarter, taking the total provisioning over and above the required norms to Rs 2358 crore.
A diversified product and customer portfolio leading to lower dependence on any particular product or customer gives Omkar Speciality the confidence of sustaining healthy margins, says Chairman and Managing Director Pravin Herlekar.
Nestle India first quarter total income was up 9 percent at Rs 2,255 crore versus Rs 2,055.8 crore, Y-o-Y.
Shares of Facebook Inc, which were given a boost last week when the social networking company reported first quarter results that largely met analysts' expectations, may be over valued, financial newspaper Barron's said on Sunday.
Goldman Sachs Group Inc has likely generated around USD 1.2 billion of revenue over six years from its dealings with discount retailer Dollar General Corp , a Reuters review shows. Just don't expect the investment bank to boast about it.
FMCG company Emami announced its first quarter results for FY12. Executive director Mohan Goenka told CNBC-TV18 that they have been planning to consolidate all their real estate companies into one company. The company expects a growth of about 25% in their manufacturing units.
Parsvnath Developers announced it first quarter results for FY12. The company reported a consolidated net profit of Rs 25.8 crore in the quarter ended June 2011. The company has been planning for Rs 2000 crore QIP. Chairman Pradeep Jain said that they would use this fund to reduce their debt on the balance sheet.
Chairman and managing director, KK Singh gave guidance for the next year that they would do 15% for both, margins and revenues. The company had begun an Intellectual Property (IP) oriented company and saw an improvement in its margins. The company’s order book is also getting healthier now, he added.
Hindustan Copper announced its first quarter results. The company's Q1 net profit was up 132% at Rs 60.4 crore versus Rs 26 crore and net sales were up 19% at Rs 269 crore versus Rs 226 crore. Hindustan Copper’s chairman and managing director, Shakeel Ahmed told CNBC-TV18 that they don’t look to raise funds through a follow on public offer (FPO).
Allahabad Bank today announced its first quarter results for FY12. Chairman and managing director of the company, JP Dua said that the net interest income had grown by 38.24% from Rs 850 crore to Rs 1,176 crore.
Shiv Kumar, vice president of finance at Jet Airways, in an interview with CNBC-TV18’s Sonia Shenoy and Ekta Batra, gave his perspective of the first quarter performance and divulged future plans.
Back-office firm WNS Holdings posted first-quarter results above market estimates, helped by higher volumes, and narrowed its full-year revenue forecast range. Keshav Murugesh, CEO of WNS, in an interview with CNBC-TV18's Kritika Saxena, gave his perspective of the first quarter performance and divulged future plans.