Other Income

The revenue for the Q1FY24 came in at Rs 2,003.5, 18.5 percent lower from Rs 2,457 crore in the same period a year ago.

SpiceJet delays FY23 financial results as key audit member incapacitated

A source familiar with SpiceJet's operations said that the airline has likely delayed its results to mitigate the impact of a weak result at a time when other airlines are reporting record profits.

SpiceJet widens net loss for September quarter to Rs 838 crore

The airline reported a net loss of Rs 577.7 crore in Q2FY2023. It had reported a net loss of Rs 561.7 crore in the second quarter of 2021-22.

SpiceJet flies back into the red with April-June net loss rising to Rs 789 crore

The airline's revenue from operations for April-June came in at Rs 2,457 crore, more than double when compared to Rs 1,090 crore registered in the same period a year ago.

SpiceJet stays afloat on ‘broken wings’ of Boeing 737 MAX

Projected compensation from Boeing for grounded jets helps Indian carrier cushion losses. The airline’s other income in 2020-21 has risen nearly six times on the provision for damages. Over the past two years, the airline has reported Rs 1,232.25 cr as compensation for the grounding of 737 MAX

TV18 Broadcast reports net profit of Rs 19.69 cr in Q3

Its total income from operations during the quarter stood at Rs 249.97 crore, up marginally by 0.92 per cent as against Rs 247.68 crore during the same period last fiscal, TV18 Broadcast said in a BSE filing.

See 10-15% growth in Q3; demonetisation impact small:Kaveri Seed

G Vijay Kumar, CFO of the company is very upbeat of growth continuing for the next two-quarters too. He expects a 10-15 percent growth in the third quarter due to good rains.

FTIL posts net profit of Rs 12.36 cr in Apr-June quarter

Financial Technologies India Ltd (FTIL) today reported a net profit of Rs 12.36 crore for the quarter ended June.

Hope to get back to 8% margin this year: ITD Cementation

ITD Cementation's CFO S Ramnath attributes the lower-than-expected earnings to recognition of loss in share of joint venture during the second quarter.

Newly commissioned yarn plant boosted Q4 show: Filatex India

The company is in the process of setting up texturising machines that will boost its first quarter revenues for FY17 from Rs 350 crore in Q4 FY16, says Madhu Sudhan Bhageria, VC & MD of Filatex India.

SBI Q3 disappoints: Experts analyse

Asset quality weakened in December quarter but it was better compared to peers. Gross non-performing assets (NPA) increased 95 basis points QoQ and 20 bps YoY to 5.1 percent and net NPA rose 75 bps QoQ and 9 bps YoY to 2.89 percent in Q3.

DLF Q3 profit up 24% at Rs 164 crore on higher sales

Income from operations rose by 44 percent to Rs 2,827.66 crore during the third quarter of this fiscal from Rs 1,956.72 crore in the corresponding period of the previous year.

Asset quality poor; will revise OBC target price: Angel

Vaibhav Agrawal, VP - research banking, Angel Broking says on the asset quality front, the numbers were especially disappointing. Slippages must have been high, he adds.

DB Realty's Q2 profit rises to Rs 10 cr

Its net profit stood at mere Rs 58.93 lakh in the year-ago period, Mumbai-based real estate developer said in a filing to the BSE.

ITC should focus on cigarette biz than FMCG: Morningstar

The company's profit was estimated at Rs 2,458 crore on revenue of Rs 9,063 crore for the quarter, according to the average of estimates of analysts polled by CNBC-TV18.

How to tackle tax woes of the salaried

The presence of other income and whether the tax on it has been paid or not is the most important detail that will play a role in tackling the demand of the tax department.

Hoping to maintain double digit margins in FY14: HCC

Praveen Sood, CFO, Hindustan Construction Company says at the operating level, the company has always clocked double digit margins and hopes to continue the trend in the near future. It is the interest cost that has caused the previous losses.

Extended discount sales spiked-up volumes: Shoppers Stop

Second quarter volume growth of 9 percent was on back of good sales in August and a ten-day extended July discount sale period, says Govind Shrikhande, MD, Shoppers Stop.

Hoping for a price rise as demand picks up: Shree Cements

MK Singhi, Executive Director Shree Cements says of the Rs 172 crore net profit this quarter, Rs 74 crore is other income. Though he is hopeful that the coming months will be healthy, so there maybe chances of demand growth and then prices may also rise.

Good rains, clarity on subsidy to boost sales: Jayshree Tea

DP Maheshwari, managing director of Jayshree Tea says that the tea segment has done better than the sugar and chemical counterparts. Confusion over subsidy and pricing of products on the chemical sector has affected sales, he told CNBC-TV18 in an interview.

RIL slumps; earnings driven by other income

The company's other income, mainly from treasury-related gains, accounted for 38 percent of pre-tax profit for the quarter, according to the company.

JP Associates Q3 net down 64% at Rs 110.93 cr

Jaiprakash Associates today reported over 64 percent decline in standalone net profit at Rs 110.93 crore for its third quarter ended December 31, as interest burden increased by over 20 percent.

HDFC Bank Q3 profit up 30%, challenges ahead

India's second largest private sector lender HDFC Bank on Friday reported a persistent 30% year-on-year jump in its third quarter net profit at Rs 1,859 crore, driven by robust growth in other income and loan expansions. Since the last 30-31 successive quarters, the net profit growth has been in the range of 30-31%.

India Inc's sales growth slips, other income up: RBI report

Indian companies recorded a decelerating sales-growth rate in the first half of current fiscal, while it was 'other income' helping them post a decent growth in net profits, an analysis of the Reserve Bank of India revealed.