Page 12 - Q1 Results

Bajaj Auto Q1FY23 results: Net profit up 11% YoY to Rs 1,173 cr, revenue 8%

Bajaj Auto Q1 review: Auto major Bajaj Auto clocked 8.3 per cent rise year-on-year (YoY) in total revenue from operations to Rs 8,004.97 crore in June quarter results (Q1FY23) on a standalone basis.

Axis Bank Q1 review: Why did shares fall 3.5% despite 91% surge in profit?

According to analysts, Axis' earnings beat was led by NIM expansion, and credit cost being restricted at less than 20 bps

Earnings impact: eMudhra hits record high, surges 26% in two trading days

Revenue from operations registered a strong growth primarily led by increase in Enterprise Solution business especially in international markets which grew by 140 per cent YoY.

Chip crunch, high RM to dent Bajaj Auto's margins in Q1FY23, say analysts

Analysts, on average, expect the revenue to fall up to 7 per cent quarter-on-quarter (QoQ) to Rs 7,416 crore in Q1FY23.

Stocks to watch: Asian Paints, Bajaj Auto, Tata Steel, Axis Bank, Lupin

Stocks to watch today: Asian Paints, Bajaj Auto will report their June quarter results (Q1FY23) on Tuesday, July 26; Lupin received approval from USFDA to market medication for high blood pressure.

Broking houses cut target price for RIL after disappointing Q1 show

Steepest cuts from Citi and Morgan Stanley; stock sheds 3.33% to end at Rs 2,420

Infosys Q1FY23 results: Here's how brokerages have interpreted the numbers

Going ahead, brokerages believe that the margin headwinds like travel costs, wage inflation will continue to persist in Q2FY23 as well.

Asset quality worries weigh on Bandhan Bank's stock as NPAs spike

Analysts have 'neutral' to 'buy' recommendation on the share with target price ranging between Rs 320 and Rs 440, it closed at Rs 273 on Monday

ICICI Bank stock may soon command premium over HDFC Bank, say analysts

Ability to continue reporting above-average earnings a key trigger; discount with Kotak Bank stock also seen narrowing

Karur Vysya Bank Q1 net doubles to Rs 229 cr, interest income up 17%

Operating profit for up 15% YoY, major improvement seen in bad loans

Canara Bank Q1 net up 71.8% YoY to Rs 2,022 cr on higher interest income

Sequentially, its net profit rose 21.4%; lender's treasury income rises despite hardening yields

TechM profit declines over high costs, beats estimates on revenue front

The big positive was the reduction in the attrition rate, which came in at 22 per cent, down from 24 per cent in Q4FY21

Top headlines: Axis Bank profit doubles, wind energy looks for second wind

Total income of the bank rose to Rs 21,727.61 crore during April-June quarter of the current fiscal, compared to Rs 19,361.92 crore in the year-ago period, Axis Bank said in a regulatory filing

Adani Ports Q1 results: How did the company perform in last four quarters

Adani Ports, the country's largest integrated logistics player, had clocked a consolidated net profit of Rs 1,033 crore in Q4FY22, over 21 per cent lower than the same quarter in FY21

Bajaj Auto Q1 results: How was company's performance in last four quarters

In Q4FY22, Bajaj Auto recorded a net profit of Rs 1,468.95 crore, up over 250 crores from the Q3FY22

Gokaldas Exports extends rally, up 8% in two days post June quarter results

Despite near term headwinds, the management anticipate good growth in FY23 and a surge from FY24.

VC funding dips in India in Q2 as investors focus on cash preservation

VC investment in India dipped in the April-June quarter (Q2) as investors shifted their focus to cash preservation in anticipation of funding becoming less easy to obtain over the next few quarters

Microfinance loan securitisation grows over two-fold YoY in Q1FY23

Better recoveries, adequate credit enhancements spark investor confidence

Tata Housing Q1 revenue rises manifold to Rs 623 cr on strong demand

Tata Housing's sale bookings surged five folds to Rs 623 crore in April-June 2022-23 on strong demand across its residential projects. Tata Housing, which is a 100 per cent subsidiary of Tata Sons Pvt Ltd, is one of the leading real estate players in the country and is developing projects across major cities. Sanjay Dutt, Managing Director and CEO of Tata Realty & Infrastructure, said: "With the rise in demand propelled by normalcy post the last COVID wave, Tata Housing has generated Rs 623 crore revenue in Q1 and has added Luxa One in Maldives to our portfolio." Housing sales of almost all real estate developers were badly impacted in June quarter last fiscal year because of the second wave of the COVID-19 pandemic. With exponential growth in the first quarter of FY23, he said the company looks forward to reshaping the demand for residential solutions in India and international markets. He expects to clock triple-digit growth in current fiscal year. "We are on a path to become

Tech Mahindra Q1 results today: How company performed in last four quarters

Tech Mahindra Q1FY23 results: In the last quarter the company recorded a net profit of Rs 1,038 crore. In Q3FY22, it stood at Rs 1,329 crore