Page 24 - Q1 Results

Coal India net profit jumps 52% in June quarter; expenses rise, too

The consolidated revenue from operations increased to Rs 25,282.15 crore in the April-June period

Zomato Q1 net loss widens to Rs 356 crore; revenue rises to Rs 844 crore

Revenue from operations in Q1 rose to Rs 844.40 crore from Rs 266 crore a year ago

Top headlines: SC fines 8 political parties; CIL Q1 net profit jumps 52%

Business Standard brings you the top headlines this evening

PGCIL net profit jumps nearly three-fold to Rs 5,998 cr in June quarter

Power Grid Corporation of India Ltd on Tuesday posted a nearly three-fold jump in consolidated net profit at Rs 5,998.28 crore in the June quarter, mainly on the back of higher revenues

Godrej Agrovet Q1 consolidated PAT up 4.1% at Rs 104.75 crore

Godrej Agrovet on Tuesday reported a 4.1 per cent growth in consolidated profit after tax (PAT) during the quarter ending June 30, at Rs 104.75 crore compared to the same period of the previous financial year. The company's PAT stood at Rs 100.59 crore during the corresponding quarter of the previous fiscal, Godrej Agrovet said in a BSE filing. Revenue from operations of the company during the quarter under review grew by 28.23 per cent to Rs 1,987.60 crore compared to Rs 1,550.01 crore during the same period of 2020-21. "It was one of the best quarterly performances for the animal feed business with segment results growing by 32.5 per cent, supported by volume growth and R&D benefits realisation. Vegetable oil benefited from higher oil prices and posted segment results of Rs 32.6 crore which was a 4X increase year-on-year," Godrej Agrovet Managing Director B S Yadav said. The standalone crop protection business also registered a modest growth of 5.9 per cent in segment results, ..

Eveready Industries Q1 consolidated net profit up 21% to Rs 30.13 cr

Batteries and flashlights maker Eveready Industries India Ltd on Tuesday reported a 21 per cent increase in consolidated net profit at Rs 30.13 crore in the first quarter ended June 30.

Kalyan Jewellers Q1 consolidated loss narrows to Rs 51 crore

Jewellery retailer Kalyan Jewellers on Tuesday reported a narrowing of its consolidated loss to Rs 51.30 crore for the quarter ended June. The consolidated loss of the company stood at Rs 85.87 crore during the corresponding quarter of 2020-21, Kalyan Jewellers said in a regulatory filing. Revenue from operations of the company witnessed a growth of 109.19 per cent during the quarter under review at Rs 1,636.77 crore, compared to Rs 782.40 crore during the corresponding period of the previous fiscal. The company said the growth in revenue was primarily driven by robust sales momentum across stores both prior to, and post lockdowns in the recently concluded quarter, as well as a low base in the last financial year. While the India revenue grew by 94 per cent, the Middle East growth was 183 per cent, it added. "The outcome of the first quarter has been above our expectations and we are happy with the overall performance. The pace of demand recovery witnessed in the just concluded ..

Max Healthcare posts Q1 consolidated net profit of Rs 146.92 crore

Max Healthcare Institute on Tuesday reported a consolidated net profit of Rs 146.92 crore for the quarter ended June 30, 2021.

Whirlpool of India Q1 net profit rises 61.9% to Rs 25.51 crore

Consumer durable maker Whirlpool of India on Tuesday reported a 61.96 per cent increase in consolidated net profit to Rs 25.51 crore for the first quarter ended June 30. The company had posted a net profit of Rs 15.75 crore during the April-June quarter of the previous fiscal, Whirlpool of India, a subsidiary of Whirlpool Corporation, said in a regulatory filing. Its revenue from operations rose 30.53 per cent to Rs 1,340.61 crore during the quarter under review, as against Rs 1,027.05 crore a year ago. Whirlpool of India's total expenses surged 30.09 per cent to Rs 1,321.92 crore in Q1 FY22 compared to Rs 1,016.12 crore in the year-ago period. Shares of Whirlpool of India Ltd closed at Rs 2,101.85 per unit, down 1.87 per cent from the previous close.

Profit-booking drags broader mkts; Metal, PSB indices fall 3%, IT stocks up

The BSE Sensex closed at 54,555 levels, up 152 points or 0.28 per cent. The Nifty50 index shut shop at 16,280 levels, up 22 points or 0.13 per cent

Max Healthcare gains 8%, hits new high post June quarter results

HDFC Securities believes the company is entering a high-growth phase, owing to significant expansion it has planned at strategic locations

Tech Mahindra extends gains post June quarter results; stock hits new high

In the past one month, Tech Mahindra has outperformed the market by surging 25 per cent, as compared to 4.4 per cent rise in the S&P BSE Sensex

Q1 results: State-owned lenders' net profit jumps 140% as provisions dip

The asset quality of state-owned banks remained stable with a fall in gross non-performing assets on y-o-y basis and sequentially

AstraZeneca Pharma India Q1 net profit declines 45% to Rs 10.24 cr

Drug firm AstraZeneca Pharma India on Monday reported a 45.03 per cent decline in its net profit to Rs 10.24 crore for the June ended quarter

Sensex up 125 pts; broader indices underperform; Metal, PSB stocks crack

Stock market LIVE: In the broader markets, the BSE MidCap and SmallCap indices declined over 1 per cent each

MRF posts over 12-fold increase in net profit at Rs 166 crore in Q1

Tyre major MRF on Monday posted over 12-fold increase in its consolidated net profit at Rs 166 crore for the first quarter ended June 30. The company had reported a net profit of Rs 13 crore in the April-June quarter of last fiscal. Revenue from operations rose to Rs 4,184 crore for the first quarter as against Rs 2,461 crore in the Q1 of 2020-21, MRF said in a regulatory filing. MRF shares were trading 3.16 per cent up at Rs 82,020.25 apiece on BSE.

BASF India zooms 33% in two days on robust June quarter results

The company reported a net profit of Rs 197.28 crore in Q1FY22 as against a loss of Rs 31.18 crore in Q1FY21

The base effect

Corporate performance remains uncertain

Bank of Baroda posts net profit of Rs 1,208 cr in Q1; NII rises 16%

BoB's net interest income (NII) --- the difference between interest earned and interest expended --- increased 15.7 per cent to Rs 7,892 crore in the first quarter

Hindustan Copper Q1 consolidated net profit rises 54% to Rs 46 cr

Hindustan Copper on Saturday reported a 53.6 per cent rise in consolidated net profit at Rs 45.63 crore for the quarter ended June 30, 2021. The company had a consolidated net profit after tax and share of profit of JV/Associates of Rs 29.69 crore in the year-ago period, Hindustan Copper said in a filing to the BSE. However, consolidated income of the company during April-June dropped to Rs 278.73 crore, over Rs 441.38 crore in the year-ago period, the filing said. Hindustan Copper is a public sector undertaking under the administrative control of the Ministry of Mines. It is a vertically integrated copper producing company as it manufactures copper right from the stage of mining to beneficiation, smelting, refining and casting of refined copper metal into downstream saleable products.