Page 6 - Q1 Results
Spandana Sphoorty posts net loss of Rs 220 crore for June quarter
Rural focussed micro-lender Spandana Sphoorty Financial on Thursday reported a net loss of Rs 220 crore for the quarter ended June 2022, mainly on account of a one-time write-off.
 "Spandana Sphoorty posts net loss of Rs 220 crore for June quarter")
Top headlines: BoE raises rates by most since 1995; GAIL Q1 net up 51%
GAIL (India) Ltd, the nation's largest gas utility, on Thursday reported a 51 per cent jump in its June quarter net profit on the back of bumper margins from gas marketing
 "Top headlines: BoE raises rates by most since 1995; GAIL Q1 net up 51%")
Sensex snaps 6-day winning streak ahead of RBI policy outcome, dips 52 pts
CLOSING BELL: PSU banks were the worst hit today with the Nifty PSB index down 1.75 per cent
 "Sensex snaps 6-day winning streak ahead of RBI policy outcome, dips 52 pts")
Kalyan Jewellers posts Q1 consolidated PAT at Rs 108 cr; revenue jumps 104%
Jewellery retailer Kalyan Jewellers India on Thursday reported a consolidated profit after tax (PAT) of Rs 107.77 crore for the quarter ended June
 "Kalyan Jewellers posts Q1 consolidated PAT at Rs 108 cr; revenue jumps 104%")
Nykaa Q1 revenue may rise 33% YoY, profit could jump on low base: Analysts
Nykaa Q1 results preview: Brokerages have broadly estimated the Ebitda margins to rise to 4.5-4.8 per cent. In the year-ago period and the March quarter, the Ebitda margins stood at 3.3 and 4 per cent
 "Nykaa Q1 revenue may rise 33% YoY, profit could jump on low base: Analysts")
Navneet Education hits 3-yr high on strong Q1; stock soars 28% in 2 days
The advent of new educational policy would bring changes in the curriculum of the school syllabus and will directly impact the company's business positively, acting as a strong growth driver.
 "Navneet Education hits 3-yr high on strong Q1; stock soars 28% in 2 days")
Deepak Fertilisers up 5%, hits new high; stock gains 29% post strong Q1 nos
The company reported a 3.3-fold jump in Q1 net profit at Rs 435.66 crore, following which the stock has rallied smartly in the last seven trading sessions.
 "Deepak Fertilisers up 5%, hits new high; stock gains 29% post strong Q1 nos")
Adani Power hits record high as Q1 net zooms 17-fold; up 221% in 6 months
A nation-wide heatwave and broadening of the recovery in economic activity continued to drive electricity demand growth in the first quarter of FY23, the company said.
 "Adani Power hits record high as Q1 net zooms 17-fold; up 221% in 6 months")
Stocks to Watch: Dabur, Wipro, IndiGo, Vodafone Idea, Adani Wilmar, Sugar
Stocks to Watch today: Britannia Industries, GAIL, Adani Enterprises, LIC Housing Finance, and Dabur India will be on the radar ahead of their Q1 results.
 "Stocks to Watch: Dabur, Wipro, IndiGo, Vodafone Idea, Adani Wilmar, Sugar")
Vodafone Idea's Q1 loss narrows to Rs 7,296 cr, appoints Takkar as chairman
Average revenue per user (ARPU) improved to Rs 128, up 3.2 per cent quarter-on-quarter from Rs 124 in Q4 of FY22. Telecom companies had taken 20 per cent tariff hikes in November 2021
 "Vodafone Idea's Q1 loss narrows to Rs 7,296 cr, appoints Takkar as chairman")
Paytm Q1 preview: Net loss could narrow to Rs 646 cr on solid lending biz
Paytm Q1FY23 results: JPMorgan pegs net loss at Rs 672.3 crore, down from Rs 761 crore QoQ
 "Paytm Q1 preview: Net loss could narrow to Rs 646 cr on solid lending biz")
Q1 report card: IndiGo revenue soars 328% to Rs 12,855 crore; loss narrows
High fuel prices, weak rupee keep bottom line under pressure
 "Q1 report card: IndiGo revenue soars 328% to Rs 12,855 crore; loss narrows")
Adani Power Q1 net profit surges 16-fold to Rs 4,780 cr; stock rises 3.5%
The company's consolidated revenue from operations rose 109% to Rs 13,723 cr
 "Adani Power Q1 net profit surges 16-fold to Rs 4,780 cr; stock rises 3.5%")
Fag-end buying lifts Sensex 214 pts; Nifty nears 17,400; IT stocks dazzle
CLOSING BELL: All sectors, except IT and Financial Services, witnessed selling pressure today, led by auto, pharma, and public sector banks
 "Fag-end buying lifts Sensex 214 pts; Nifty nears 17,400; IT stocks dazzle")
Britannia Q1 revenue may rise up to 15% YoY; 2% dip in PAT seen: Analysts
Analysts, on average, expect the company to post a 2 per cent drop in core profit-after-tax (PAT) to Rs 378 crore in Q1FY23 from Rs 387 crore in the year-ago period.
 "Britannia Q1 revenue may rise up to 15% YoY; 2% dip in PAT seen: Analysts")
Adani Transmission hits new high, surpasses ITC in market cap ranking
At 10:23 AM, Adani Transmission's market cap stood at Rs 3.88 trillion, followed by ITC (Rs 3.77 trillion), BSE data shows.
Kansai Nerolac zooms 34% in 3 days on strong Q1 operational performance
The management foresees uptick in demand across the paint industry to be driven by strong expansion in the infrastructure, core sector, automotive, and real estate industries.
 "Kansai Nerolac zooms 34% in 3 days on strong Q1 operational performance")
eClerx Services surges 14% as board to consider bonus issue proposal
The company's board will meet on August 9, 2022 to consider the proposal for issuance of bonus equity shares and June quarter results.
 "eClerx Services surges 14% as board to consider bonus issue proposal")
Stocks to Watch: ONGC, Reliance, Zomato, Adani Wilmar, IndiGo,Vodafone Idea
Stocks to Watch today: Uber has decided to put its entire 7.8 per cent stake in Zomato on the block, according to sources.
 "Stocks to Watch: ONGC, Reliance, Zomato, Adani Wilmar, IndiGo,Vodafone Idea")
Bank of India's Q1 profit declines 22% to Rs 561 cr as provisions rise
Fall in non-interest income, rise in bad loan provisions drag down company's net
 "Bank of India's Q1 profit declines 22% to Rs 561 cr as provisions rise")
