Page 3 - Q1 Results
ONGC's net profit surges 3x to Rs 15,206 crore in June quarter
Revenue from operations increased to Rs 42,320.72 crore in the first quarter of the current financial year from Rs 23,021.64 crore in the year-ago period.
 "ONGC's net profit surges 3x to Rs 15,206 crore in June quarter")
Zee Entertainment consolidated net profit down 49% to Rs 106 crore in Q1
Revenue from advertising came in at Rs 976.28 crore in Q1, 5.36 per cent higher than the Rs 926.61 crore reported last year
 "Zee Entertainment consolidated net profit down 49% to Rs 106 crore in Q1")
Grasim Industries Q1 profit up 13% to Rs 2,759 cr; revenue up 41%
The company had posted a net profit of Rs 2,447.97 crore for April-June 2021-22, Grasim Industries said in a regulatory filing.
 "Grasim Industries Q1 profit up 13% to Rs 2,759 cr; revenue up 41%")
Q1 results: Hero MotoCorp's net profit rises 71% on higher sales
Net profit of the Splendor and Glamor brands' maker increased to Rs 625 crore from Rs 365.44 crore in the same quarter a year ago
 "Q1 results: Hero MotoCorp's net profit rises 71% on higher sales")
Q1 results: LIC registers multifold jump in profit at Rs 683 crore
Net NPAs in the policyholders' fund saw a substantial decline to Rs 9 crore as of Q1FY23 versus Rs 194 crore in Q1FY22
 "Q1 results: LIC registers multifold jump in profit at Rs 683 crore")
Muthoot Finance net profit down 17% to Rs 802 crore in June quarter
Total income for the quarter under review was seen down by 8 per cent to Rs 2,509 crore as against Rs 2,715 crore during the same quarter in 2021-22
 "Muthoot Finance net profit down 17% to Rs 802 crore in June quarter")
ESAF Small Finance Bank Q1 profit jumps to Rs 106 cr amid fall in bad loans
ESAF Small Finance Bank on Friday said it posted a profit of Rs 106 crore for the first quarter ended June helped by a rise in interest income and a decline in bad loans
 "ESAF Small Finance Bank Q1 profit jumps to Rs 106 cr amid fall in bad loans")
Sensex ends choppy day 130pts up ahead of inflation data; Nifty below 17700
CLOSING BELL: Among sectors, the Nifty IT and Pharma indices fell 1.15 per cent each, while the Nifty Oil and Gas index rose over 2 per cent
 "Sensex ends choppy day 130pts up ahead of inflation data; Nifty below 17700")
Page Industries shares hit 52-week high on strong Q1 earnings
Shares of Page Industries hit a 52-week high in morning trade on Friday after the apparel manufacturer reported a multi-fold jump in the first quarter net profit
 "Page Industries shares hit 52-week high on strong Q1 earnings")
Bharat Forge rallies 8% on stable business outlook post Q1 results
Looking ahead in to Q2FY23, the management expects stable performance across both the domestic and export markets despite uncertainty arising from the macro- economic headwinds.
 "Bharat Forge rallies 8% on stable business outlook post Q1 results")
Fineotex Chemicals extends rally on strong Q1 results; zooms 72% in 2 mths
In Q1FY23, Fineotex Chemicals reported 167 per cent YoY growth in EBITDA at Rs 26.20 crore, while margin expanded 381 bps YoY to 19.3 per cent.
 "Fineotex Chemicals extends rally on strong Q1 results; zooms 72% in 2 mths")
Stocks to watch: Bata India, Page Inds, NMDC, Apollo Hospitals, Oil India
Stocks to watch today: LIC, ONGC, HAL will report their June quarter results (Q1FY23) on Friday, August 12; NMDC hikes prices of lump iron ore by Rs 200 a tonne and fines by Rs 100 a tone.
 "Stocks to watch: Bata India, Page Inds, NMDC, Apollo Hospitals, Oil India")
Tyre maker Balkrishna Industries FY23 volume, margin seen under pressure
Company's near term will be tough, but brokerages believe it will continue to gain market share
 "Tyre maker Balkrishna Industries FY23 volume, margin seen under pressure")
Sensex up 515 pts, Nifty tops 17,650 on lower-than-expected US inflation
CLOSING BELL: Easing CPI figures reduced the probability of a 75-bps rate hike in the upcoming US FOMC meeting
 "Sensex up 515 pts, Nifty tops 17,650 on lower-than-expected US inflation")
Wonderla Holidays zooms 20%, hits 52-week high on robust Q1 results
The company reported profit after tax of Rs 64.38 crore in Q1FY23 as against Rs 8.51 crore in Q4FY22 and net loss of Rs 13.25 crore in Q1FY22.
 "Wonderla Holidays zooms 20%, hits 52-week high on robust Q1 results")
ICICI Bank market-cap hits Rs 6 trillion; stock rallies 26% in 2 months
ICICI Bank now joined the elite club of companies having market capitalisation (market-cap) of over Rs 6 trillion
 "ICICI Bank market-cap hits Rs 6 trillion; stock rallies 26% in 2 months")
Stock of this smallcap packaging company has zoomed 130% so far in 2022
TCPL is well positioned to cater to the growing demand for sustainable packaging solutions from leading brands and continues to support efforts towards facilitating a waste-free world.
 "Stock of this smallcap packaging company has zoomed 130% so far in 2022")
Eicher Motors hits new summit on strong Q1 show, stock up 51% in 5 months
The company's net profit soared 157.5 per cent YoY to Rs 610.66 crore in Q1FY23, while total income surged 64.4 per cent to Rs 3,446.12 crore.
 "Eicher Motors hits new summit on strong Q1 show, stock up 51% in 5 months")
Stocks to watch: Eicher Motors, Tata Consumer, Coal India, BoB, IRCTC
Stocks to watch today: Apollo Hospitals, Trent, Aurobindo Pharma will report their June quarter results (Q1FY23) on Thursday, July 11; Bank of Baroda raised their MCLR rate by 5-20 bps across tenors.
 "Stocks to watch: Eicher Motors, Tata Consumer, Coal India, BoB, IRCTC")
Coal India Q1 results: Firm's net profit soars 178% to Rs 8,834 cr
The company's consolidated revenue from operations rose 39% to Rs 35,092 crore in Q1FY23
 "Coal India Q1 results: Firm's net profit soars 178% to Rs 8,834 cr")
