Page 10 - Q1 Results
SBI Life's net profit rises 18% YoY to Rs 263 crore in June quarter
Its VNB margins - a measure of profitability of life insurers - stood at 30.4 per cent, against 23.7 per cent in the year-ago period
 "SBI Life's net profit rises 18% YoY to Rs 263 crore in June quarter")
PNB HFC Q1 net down 3% YoY, corporate loan pre-payments hit income
Disbursements during reporting quarter almost doubled to Rs 3,451 crore compared to Rs 1,759 crore in Q1FY22
 "PNB HFC Q1 net down 3% YoY, corporate loan pre-payments hit income")
Bajaj Finance: Analysts bullish on accelerated growth, digital initiatives
At the bourses, shares of Bajaj Finance jumped 9.4 per cent on Thursday to Rs 6,999 apiece on the BSE in the intra-day trade. In comparison, the BSE Sensex was up 1.4 per cent at 11:25 AM.
 "Bajaj Finance: Analysts bullish on accelerated growth, digital initiatives")
F&O expiry: Sensex soars 1,041 pts, Nifty tops 16,900; Bajaj twins leap 10%
CLOSING BELL: Tata Steel, Kotak Bank, IndusInd Bank, Nestle, Infosys, Asian Paints, and Tech M were the other outperformers, up between 3 per cent and 4.6 per cent
 "F&O expiry: Sensex soars 1,041 pts, Nifty tops 16,900; Bajaj twins leap 10%")
Cipla Q1 revenue may be muted on high base, low Covid drug sales: Analysts
Cipla Q1 results preview: Analysts attribute the likely dull performance due to the high base of last year, and the reduction in revenue contribution from Covid-19 therapies in the recent quarter.
 "Cipla Q1 revenue may be muted on high base, low Covid drug sales: Analysts")
Sensex soars over 1,000 points: Top 5 reasons driving investor sentiment
Analysts believe that the US Fed's confidence about strong labor markets and dismissal of recession brought respite to the investors
 "Sensex soars over 1,000 points: Top 5 reasons driving investor sentiment")
Bajaj Finserv surges 10% after board approves 1:1 bonus, 1:5 stock split
In the past three trading sessions, the stock has gained 16 per cent after the company announced their plan for stock split and bonus issue.
 "Bajaj Finserv surges 10% after board approves 1:1 bonus, 1:5 stock split")
Sun Pharma's Q1 margins likely to be hit on elevated input costs: Analysts
Sun Pharma Q1FY23 results: Prabhudas Lilladher foresees the company's net profit to rise 27 per cent year-on-year (YoY) to Rs 1,786 crores from Rs 1,445 crores in the year-ago quarter.
 "Sun Pharma's Q1 margins likely to be hit on elevated input costs: Analysts")
Tata Steel jumps 5% after turning ex-date for 1:10 stock split
The company had fixed Friday, July 29, 2022 as the 'Record Date' for the purpose of determining the eligibility of shareholders for the purpose of sub-division /split from Rs 10 to Re 1.
 "Tata Steel jumps 5% after turning ex-date for 1:10 stock split")
Bajaj Finserv surges 8% ahead of board meet for bonus, stock split
The company is expected to post 25.8 per cent YoY growth in Q1 revenue, led by pick up in lending business coupled with continued healthy traction in premium accretion in insurance business.
 "Bajaj Finserv surges 8% ahead of board meet for bonus, stock split")
Stocks to watch: Dr Reddy's, Tata Motors, HAL, Bajaj Finance, Nestle India
Stocks to watch today: Dr Reddy's, Bajaj Finserv, Nestle India will report their June quarter results on Thursday, July 28; HAL signed $100 million contract with Honeywell for HTT-40 engines.
 "Stocks to watch: Dr Reddy's, Tata Motors, HAL, Bajaj Finance, Nestle India")
Bajaj Finance's first-quarter net profit surges 159% y-o-y to Rs 2,596 cr
Shares of the company closed at Rs 6,393.75 - up 2.14 per cent from the previous days' close
 "Bajaj Finance's first-quarter net profit surges 159% y-o-y to Rs 2,596 cr")
CG Power and Industrial Solutions Q1 net profit jumps 138% to Rs 130 crore
The company had reported a consolidated net profit of Rs 54.58 crore in the quarter ended on June 30, 2021, a BSE filing said
 "CG Power and Industrial Solutions Q1 net profit jumps 138% to Rs 130 crore")
Colgate-Palmolive India's net profit declines 7.2% in April-June quarter
The company's PBIDT stood at Rs 327.9 crore in the quarter ended June, down 9 per cent compared to last year
Tata Motors' Q1 loss widens to Rs 5,007 cr amid chip woes, China lockdown
Losses at the UK subsidiary widened to £482 million, from £286 million, as JLR retail sales fell 37 per cent to 78,825 units from the year-ago quarter
 "Tata Motors' Q1 loss widens to Rs 5,007 cr amid chip woes, China lockdown")
Maruti Suzuki reports over two-fold rise in Q1 net profit at Rs 1,013 cr
It sold a total of 467,931 vehicles during the quarter, with exports being the highest ever at 69,437 units
 "Maruti Suzuki reports over two-fold rise in Q1 net profit at Rs 1,013 cr")
IT companies' margins decline to decade-low of 23.2% in June quarter
Wipro, Tech Mahindra see double-digit decline in net profit
 "IT companies' margins decline to decade-low of 23.2% in June quarter")
Shriram City Union Finance posts 61 per cent rise in Q1 net profit
Assets Under Management (AUM) increased by 21 per cent to Rs 40,414 crore as against Rs 33,509 crore during the same time last financial year
Q1 results: Private banks' net profit rises 47% on fall in provisions
Loan repricing, high loan growth buttress NII
 "Q1 results: Private banks' net profit rises 47% on fall in provisions")
Poonawalla Fincorp's consolidated Q1 net profit up 118% to Rs 141 crore
Poonawalla Fincorp's NIMs were up by 155 basis points YoY to 9.5 per cent
