Page 47 - Q1 Results

IndiGrid Q1 revenue jumps 78% to Rs 361 crore on steady performance

India Grid Trust (IndiGrid) on Thursday reported a consolidated revenue of Rs 361 crore for the April to June quarter, up 78 per cent year-on-year.The consolidated earnings before interest, tax, depreciation and amortisation (EBITDA) were Rs 329 crore, marking an increase of 74 per cent due to accretive acquisitions and steady operational performance.The board of investment manager for IndiGrid approved a distribution per unit (DPU) of Rs 3 for Q1 FY21 entirely payable as interest to unitholders.Including this 13th distribution, IndiGrid has delivered Rs 36.56 per unit since listing, marking a total return of 42 per cent as of July 31.The infrastructure investment trust said its management remains focused to maintain a strong balance sheet to successfully weather any near-term Covid-19 related uncertainty. The net debt/AUM stands at 50 per cent as of June 30, significantly below the 70 per cent cap as per SEBI InvIT regulations.The robust balance sheet provides ample headroom to ...

Vodafone Idea's Q1 loss widens to Rs 25,460 cr on AGR provisioning

The country's third-largest telecom operator by subscribers reported its eighth consecutive quarterly loss of Rs 25,460 crore, compared with a loss of Rs 4,874 crore a year earlier

Adani Power loss widens to Rs 682.46 crore in June quarter on low demand

The company had posted a net loss of Rs 263.39 crore for the same period last year

Toyota ekes out weakest Q1 profit in 9 years as pandemic halves car sales

Toyota's operating profit plunged 98% to 13.9 billion yen ($131.73 million) for the three months ended June

Birlasoft rallies 19%, hits 52-week high as Q1 net profit rises 35% YoY

The company's revenue for the quarter under review came in at Rs 915 crore, up 17.7 per cent YoY.

Apollo Tyres slips 4% as Co reports net loss of Rs 135 cr for June quarter

The tyre maker had reported a net profit of Rs 142 crore in the April-June last fiscal.

US-led growth helps Cadila post steady Q1 show even as India biz falters

While India business disappointed, lower expenses helped margins

Adani Gas profit before tax dips 49% to Rs 62.58 crore in June quarter

Earnings before interest, tax, depreciation, and amortisation was at Rs 86 crore - a hit of 41 per cent

Inox Leisure reports consolidated net loss of Rs 73.64 cr in June quarter

Multiplex chain operator Inox Leisure Ltd on Wednesday reported a consolidated net loss of Rs 73.64 crore for the June quarter as the film distribution business came to a halt due to the COVID-19 pandemic. The company had posted a net profit of Rs 27.01 crore in the April-June period a year ago, Inox Leisure said in a BSE filing. Revenue from operations slumped 99.94 per cent to Rs 0.25 crore during the quarter under review, from Rs 493.01 crore in the corresponding period of the preceding fiscal. According to the company, the unprecedented circumstances resulted in "not even a single day of operations in Q1'FY21." Total income stood at Rs 2.97 crore, down 99.40 per cent as compared to Rs 496.13 crore in Q1 FY20. Total expenses were at Rs 100.89 crore as against Rs 454.59 crore, down 77.80 per cent. "With an objective to keep the costs under a check, the Company has implemented active cost control measures and brought down major expenses including employee costs, power & fuel ...

Covid-19 impact: Apollo Tyres reports net loss of Rs 135 cr in Q1FY21

Net sales during the quarter under review declined to Rs 2,828 crore, from Rs 4,272 crore in the year-ago period, Apollo Tyres said

Strides Pharma Science Q1 net profit jumps over 4-fold to Rs 102 cr

Drug firm Strides Pharma Science on Wednesday reported over four-fold rise in its consolidated net profit at Rs 101.84 crore for the quarter ended June 30, 2020, mainly on account of a one-time gain. The company had posted a net profit of Rs 25.36 crore in the corresponding period of the previous fiscal, Strides Pharma Science said in a filing to the BSE. Total income of the company stood at Rs 794.10 crore in the quarter under consideration. It was at Rs 696.05 crore in the same period a year ago. The company had a gain of Rs 44.91 crore, shown as an exceptional item, in the quarter ended June this year. "We have reported strong performance across all our business in Q1 FY21 despite significant disruptions and ambiguity in the business environment due to COVID-19," Strides Pharma Science MD & CEO R Ananthanarayanan said. "While our manufacturing and supply chain continue to remain steady without any significant disruptions, we remain cautiously optimistic on the outlook of our ..

EID Parry posts Rs 276 crore PBT in Q1 versus Rs 11 cr loss a year ago

Better realisation, aggressive cost cutting drive numbers; Lockdown impact minimal as sugar industry could operate under essential category

Godrej Properties posts Rs 20.23 cr loss in Q1; income dips to Rs 195.66 cr

Total income also declined to Rs 195.66 crore in the first quarter of the fiscal, from Rs 713.84 crore last year

Tata Consumer Products hits new high on 82% jump in Q1 profit, slips later

For the quarter under review, revenue from operations was up 13.44 per cent to Rs 2,713.91 crore.

PI industries surges 7%, scales all-time peak after June quarter results

The company posted a 43 per cent year-on-year (YoY) rise in its consolidated net profit at Rs 146 crore.

Exide: Replacement demand, undemanding valuations to support revenues

Margins may be under pressure on higher raw material costs

Tata Consumer Products reports 81.8% rise in Q1 net profit at Rs 346 cr

The company posted a net profit of Rs 190.09 crore in April-June a year ago, said TCPL, earlier known as Tata Global Beverages Ltd, in a BSE filing.

KPIT Tech says worst is over after 21% fall in Q1 net profit Rs 24.22 crore

21% dip in net profit to Rs 24.2 cr in Q1 was on expected lines as clients cut back on spends during the pandemic and the "worst is over for the company", small-sized tech player KPIT Technologies

Sony posts milder-than-expected Q1 operating profit fall on gaming demand

The gaming business "saw a positive impact from consumers nesting during the virus outbreak," Financial Officer Hiroki Totoki said at an earnings briefing

VST Industries in focus, rallies 11% after June quarter numbers

The company's net profit rose 0.04 per cent YoY to Rs 75.71 crore for the quarter under review.