Page 53 - Q1 Results

Q1 early-bird results better than expected; IT, financial services do well

However, analysts expect the numbers to deteriorate as more companies announce their results

HDFC Asset Management Company sees 12% dip in PBT in June quarter

In the June quarter, the PBT stood at Rs 380.4 crore. Post-taxes, the profit was up 4 per cent year-on-year basis, at Rs 302 crore

Zensar Tech Q1 net profit down 6.9%, revenue falls to Rs 991.2 crore

Operating revenue fell 7 per cent to Rs 991.2 crore in the reported quarter from Rs 1,066.1 crore in the corresponding period of previous financial year, it added

Bank of Maharashtra reports 25% jump in Q1 profit on higher interest income

The lender had reported a profit after tax of Rs 81 crore in the year-ago same quarter and Rs 58 crore in the quarter ended March 31, 2020

Sterlite Tech Q1 net profit plunges 96%, total income at Rs 885.7 crore

"Covid-19 impacted performance. Project execution significantly impacted due to lockdown. Production and delivery was hurt due to logistics challenges," STL said in a presentation

PNB Housing Q1 PBT down 20.4% on sharp dip in NII, lower disbursement

Its net interest margin declined to 2.66% in Q1FY21 from 3.14% in Q1FY20 as it did not securitise part of portfolio in Q1FY21

ITC gains 5% in two days on heavy volumes ahead of Q1 results on Friday

Analysts expect ITC's FMCG business to do well on the back of both foods and personal care segments.

L&T gains nearly 2% after Q1 PBT plunges 66% YoY; brokerages remain bullish

L&T booked orders worth Rs 23,574 crore - a 39 per cent drop from the Rs 38,700 crore in Q1FY20.

From Lifebuoy to Horlicks, HUL's star brands boost sales growth in Q1

Thanks to in-home consumption and a focus on hygiene and health, HUL said these brands contributed significantly to growth within its essentials portfolio, which constitutes 80% of its business

MARKET: Indices snap 5-day rally amid weak global cues, Sensex dips 59 pts

All that happened in the markets today

TV18 Broadcast Q1 net profit down 92% to Rs 1.88 crore in first quarter

Media firm TV18 Broadcast Ltd on Wednesday reported a 91.88 per cent decline in consolidated net profit at Rs 1.88 crore for the first quarter ended June 2020

Alembic Pharma shares gain 5% to hit a new high after robust Q1 earnings

The company reported a net profit of Rs 301 crore in Q1FY21, against Rs 124 crore in the year-ago quarter.

Axis Bank, Bajaj Auto, HUL: Here's how to trade result-driven stocks

The results outcome have seen profit booking on the gap up opening

Hindustan Zinc charts path as metal production falls in lockdown impact

With volume growth expected to be soft in FY21, higher base metal prices are crucial for upgrades

Bajaj Finance: June quarter disappoints, all eyes now on collections

Higher provisioning in line with priority to mitigate balance-sheet risk

ICICI Prudential Life's pre-tax profit rises 8.36% to Rs 311 cr in Q1

The company reported a year on year decline of 32.6 per cent in new business premium to Rs 1,499 crore in Q1FY21 compared to Rs 2,226 crore in the year ago period

SBI Life Insurance pre-tax profit up 2.6% to Rs 387.68 crore in Q1

The value of new business was down 29 per cent year on year to Rs 240 crore.

Axis Bank Q1 profit down 19% on higher provisions, other income also dips

Gross non-performing assets (GNPA) stood at 4.72 per cent, compared with 5.25 per cent in the year ago quarter and 4.86 per cent in the fourth quarter

GSK merger helps HUL's top line, but profit before tax down 6% in Q1

Excluding the GSK business, overall revenue declined 7 per cent in the quarter, Srinivas Phatak, chief financial officer, HUL, said in a virtual press meet

Hindustan Unilever's Q1 net profit rises 5.7% to Rs 1,897 cr; sales up 3.7%

Its total expenses increased 5.42 per cent to Rs 8,324 crore in Q1 FY2020-21, compared to Rs 7,896