June Quarter

According to estimates from four brokerages polled by Moneycontrol, APSEZ is likely to report revenue of Rs 8,768.10 crore, reflecting a 16 percent year-on-year increase. This growth is expected to be broad-based, driven by solid momentum in ports, marine services, and logistics.

Paytm swings to profits, thanks to massive cut in expenses

The December quarter of FY 24 was Paytm’s high point in terms of revenue and other operational metrics like monthly transacting users, number of UPI transactions and gross merchandise value

Despite challenges, midcaps & smallcaps improve debt servicing ability in June quarter

An analysis of 92 companies from BSE Midcap index and another 856 from BSE Smallcap index revealed that ICR - an indicator of a company's ability to pay interest on debt from earnings - reached a multi-year high in June quarter.

For banks, cheaper deposits are not easy to come by

Declining CASA ratios are adding to the cost of funds for many banks, thereby forcing them to up lending rates as well to manage margins. The problem may persist going ahead as interest rate differentials persist

Tata Steel Q1 Preview: EBITDA likely to improve, boosted by India, Europe operations

According to 10 average brokerage estimates polled by Moneycontrol, EBITDA likely to be at Rs 6,318 crore, up 22 percent year-on-year. On a QoQ basis, EBITDA is likely to decline by 4 percent, led by lower sales volumes in India.

Nestle India Q1 results miss estimate, net profit rises 7% on-year to Rs 747 crore; shares fall

Nestle India Q1 FY25 Results: Net profit and revenue growth missed Moneycontrol poll of analyst estimates. Shares fell 1 percent after the quarterly results.

RBI policy hawkish, expect a rate cut only in Apr-Jun 2024: Analysts

After announcing the rate panel decision, Governor Shaktikanta Das said the RBI will be "actively disinflationary" and "emphatically reiterated".

TV Today Network Q1 net profit declines 75% to Rs 8.78 crore

The company’s revenue from television and other media operations was Rs 218.84 crore and from radio broadcasting at Rs 3.91 crore in the first quarter of FY2023-24.

Dredging Corporation returns to black; posts Rs 15 crore net profit in Q1

Its earnings before interest, taxes, depreciation and amortization (EBIDTA) jumped more than two-fold to Rs 55.86 crore in the April-June quarter over Rs 25.10 crore in the same period of the last year.

Skipper back in black with profit of Rs 16 crore in Q1; gets new orders worth Rs 1,215 crore

The company’s revenues surged to Rs 55.60 crore in the reporting quarter from Rs 41.72 crore in the year-ago period.

Insecticides India Q1 profit down 24% on higher expenses

Total consolidated income increased to Rs 639.95 crore during the April-June quarter of the 2023-24 fiscal from Rs 560.68 crore in the year-ago period.

Hindalco profit may be down 60% on tepid copper sales, lower aluminium prices

Based on a poll by Bloomberg analysts, 8 brokers anticipate a profit of Rs 1509.60 crore, whereas 9 brokers project a revenue of Rs 42560.70 crore.

CDSL shares open 1.5% higher on the back of strong earnings

The company reported a 28 percent year on year jump in its consolidated net profit to Rs 74 crore in June quarter to Rs 58 crore a year ago. Revenue advanced 19 percent to Rs 174 crore.

Alembic Pharmaceuticals posts Rs 120.6 crore profit in Q1

The company’s India revenues grew 9 per cent to Rs 524 crore, while the US generics were up 6 per cent at Rs 390 crore in the quarter, the company said in the filing.

Metropolis Healthcare Q1 net profit declines 15% to Rs 29 crore

Metropolis Healthcare Promoter and Managing Director Ameera Shah said the company remains optimistic about scaling up revenue in the upcoming quarters, indicating positive operating leverage play.

Blue Star Q1 net profit rises 12% to Rs 83.4 crore

Revenue from the electro-mechanical projects and commercial air conditioning systems segment grew 19.12 per cent to Rs 949.12 crore in the latest June quarter.

Adani Total Gas reports 9% rise in Q1 profit on higher CNG sales

Adani Total, part of the Adani group conglomerate, said its CNG volume increased 18% from last year led by an addition of 11 new stations.

Castrol India logs 9% growth in PAT in June quarter

The revenue from operations during the second quarter of the current calendar year stood at 1,334 crore, compared to Rs 1,242 crore in the year-ago period, the company said in a statement.

Rs 6 dividend for AM Naik's six-decade association with L&T: CEO Subrahmanyan

Larsen and Toubro (L&T) last week posted a 36 per cent rise in net profit to Rs 3,116.12 crore in the June quarter over Rs 2,293.01 crore net profit in the corresponding period of 2022-23.

Adani Energy Solutions net profit rises 8% to Rs 182 crores in June quarter

In a statement, Anil Sardana, Managing Director of Adani Energy Solutions, said that its growth trajectory remains firm despite the challenging macroeconomic environment.

Exide posts 7% rise in Q1 net profit at Rs 242 crore

Revenue from operations witnessed an increase of 4.2 per cent year-on-year at Rs 4,073 crore in the first quarter (Q1) of the current financial year, compared to Rs 3,907 crore a year ago.

Coforge Q1 result: Revenue rises 2.8% sequentially; declares interim dividend

Coforge said that the Board of Directors at its meeting held on July 20, 2023 has declared an interim dividend of Rs 19 per equity share and the record date for this payout will be August 3, 2023.

Tinplate Company of India Q1 profit plummets 97 pc to Rs 2.62 crore

New Delhi, Jul 17 The Tinplate Company of India Ltd has posted a 96.91 per cent decline in its net profit at Rs 2.62 crore in the June quarter, dra..

MFI loans decline in June quarter; NPA situation improves: Report

There was a 0.2 per cent decline in the overall microfinance book to Rs 2.85 lakh crore during the three months to June when compared with the number as of March-end, the report by CRIF High Mark said.

FPI stock holding slips 14% to $523 billion in June quarter: Report

This was the third consecutive quarterly decline in the value of FPIs' investments in Indian equities.