Page 32 - Q1 Results

Tata Motors posts Rs 4,450 cr loss in June qtr as chip shortage takes toll

The company's UK subsidiary expects Q2 to be worse, sees recovery only in the second half of FY22

Jindal Stainless reports Rs 271-cr profit for Q1; announces expansion plan

Jindal Stainless Ltd (JSL) returned to black in the April-June quarter, posting a net profit of Rs 271.42 crore on the back of a significant rise in income

Top headlines: L&T Q1 net profit soars; Tata Motors Q1 net loss narrows

Business Standard brings you the top stories of this evening

DLF posts Rs 337.17 cr profit in June quarter, revenue jumps to Rs 1,242 cr

DLF is the country's largest real estate firm in terms of market capitalisation.

Vedanta first quarter after-tax profit jumps four-fold to Rs 4,280 crore

As of June, net debt of the company was at Rs 20,261 crore

Sensex falls 123 pts as investors book profit in RIL, banks, auto stocks

The broader markets, however, outperformed the frontline indices with the BSE MidCap and SmallCap indices adding 0.06 per cent and 0.34 per cent, respectively.

Symphony dips 5% on disappointing Q1 results

The management expects gross margin on domestic sales for FY22 to be back to normal margin of around 50 per cent

SBI Card gains 4% on strong June quarter results

Asset quality improved with GNPA at 3.91 per cent versus 4.99 per cent QoQ while RBI RE book was down from 8 per cent to 6 per cent, sequentially

Axis Bank slips over 1% ahead of Q1 results today; here's what to expect

Emkay Global expects the net profit to zoom 97 per cent YoY and contract 18 per cent QoQ at Rs 2,196 crore

Tata Motors Q1 Preview: Analysts estimate up to Rs 2,000 cr loss

Here's what leading brokerages expect from the automaker's Q1 results

L&T Q1 Preview: Net profit may slide up to 60% QoQ, say analysts

Here's what leading brokerages expect from the infra major's Q1 results

Q1 results: 230 early bird companies report 71% jump in net profit

Good Q1 showing on the back of last year's low base; sales low sequentially

Analysts revise earnings estimates of Reliance Industries by 1-4%

Petchem, refining, and Jio did well; price hike in telecom next trigger

ITC reports 30% rise in Q1 net profit at Rs 3,343 crore

Its revenue from operations rose 36 per cent per cent to Rs 14,240 crore

Federal Bank posts 13% decline in net profit to Rs 356.8 cr for Jun quarter

Private sector lender Federal Bank on Friday posted a 12.87 per cent decline in its consolidated net profit for the June 2021 quarter to Rs 356.76 crore

RIL Q1 results: Consolidated net profit falls 7% to Rs 12,273 crore

The oil-to-telecom conglomerate's revenue from operations rose 58.2 per cent to Rs 1.44 trillion

Ambuja Cement profit soars over 2-folds to Rs 1,161 cr in Apr-Jun

Ambuja Cement Ltd, part of Swiss building material major Holcim group, on Friday reported nearly two-fold jump in consolidated net profit to Rs 1,161.16 crore in the quarter ended on June 30

Liquor firm United Spirits Q1 posts consolidate net profit at Rs 50 crore

Diageo-controlled liquor maker United Spirits Ltd on Friday reported a consolidated net profit of Rs 50.3 crore for the quarter ended June 2021, helped by double-digit growth in sales. The company had posted a net loss of Rs 246.6 crore in the April-June period a year ago when most of the liquor shops were closed (till half of the quarter) due to the national lockdown. Its revenue from operations rose 61.44 per cent to Rs 6,168.5 crore as against Rs 3,820.7 crore in the corresponding period of the previous fiscal, United Spirits Ltd (USL) said in a regulatory filing. According to the company, the net sales increased "lapping weak prior-year comparators". "The second Covid-19 wave-induced localised lockdowns impacted the sequential recovery momentum seen over the prior quarters. Off-trade remained resilient despite restrictions," USL said in a post-earnings statement. Total expenses were at Rs 6,079.7 crore, up 50.41 per cent from Rs 4,042 crore earlier. USL's 'Prestige & Above' .

Jubilant Pharmova posts Q1 consolidated net profit of Rs 160 crore

Drug firm Jubilant Pharmova on Friday reported a consolidated net profit of Rs 160.49 crore from continuing operations for the quarter ended June 30, 2021. The company had posted a net profit of Rs 35.39 crore for the year-ago period, Jubilant Pharmova said in a regulatory filing. Revenue from continuing operations stood at Rs 1,634.65 crore in the quarter under review. It was Rs 1,156.07 crore in the same period a year ago, it added. Figures for the quarter are not comparable with previous periods since the Life Science Ingredients business was demerged with effect from February 1, 2021 pursuant to the composite scheme of arrangement during the previous year, the filing said. "During this quarter, in addition to YoY increase, we also reported sequential improvement in the specialty pharma segment with gradual recovery across radiopharmaceuticals, radiopharmacy and allergy business," Jubilant Pharmova Chairman Shyam S Bhartia and Co-Chairman & MD Hari S Bhartia said in a ...

YES Bank's Q1 net soars 355% to Rs 207 crore, highest since Dec 2018

The Bank's gross Non performing assets rose marginally to 15.6 per cent in the June quarter