Hero MotoCorp has announced its financial results for the first quarter of the fiscal year 2025. Here are the key points: Financial Performance: Net Profit: Increased by 36% to Rs 1,122.63 crore compared to the previous year’s Rs 824.72 crore. Revenue: Surged by 16% to Rs 10,144 crore, surpassing the […]
Company Results
Ola Electric Mobility’s shares have indeed seen impressive gains, with the stock reaching Rs 109.44, marking a 44% increase from its IPO issue price of Rs 76 . The IPO, held from August 2 to August 6, was highly successful, being oversubscribed 4.27 times and raising Rs 6,145.56 crore. Impressive […]
Tamilnad Mercantile Bank (TMB) has reported a 10% rise in its net profit at ₹287 crore for the quarter ending June 2024, compared to ₹261 crore in the corresponding quarter of the previous year. This growth is driven by an increase in both interest income and non-interest income, despite higher […]
The State Bank of India (SBI), the country’s largest lender, reported a net profit of Rs 17,035 crore for the first quarter of the current financial year, marking around a 1 % increase. Net Profit: SBI’s net profit for Q1 FY25 increased by approximately 1% to Rs 17,035 crore compared […]
dani Ports and Special Economic Zones reported a strong start to the fiscal year with a 47% year-on-year increase in consolidated net profit to Rs 3,113 crore for the April-June quarter. The port operator also saw a notable increase in its revenue from operations, which stood at Rs 6,956 crore […]
ITC Ltd. announced on August 1 that its standalone net profit for the June quarter rose marginally to Rs 4,917 crore, from Rs 4,903 crore in the same quarter the previous year, missing market expectations. A Moneycontrol poll of 7 brokerage estimates had pegged ITC’s fiscal first-quarter net profit at […]
Maruti Suzuki’s stock price surged by 4% to a record high due to its exceptional performance in the first quarter.On August 1, shares of Maruti Suzuki surged by 4 percent, reaching a record high of Rs 13,675. This impressive growth has prompted brokerages to revise their target prices upwards. Reasons […]
Granules India has announced impressive financial performance for the first quarter ended June 30, 2024. Key Highlights: Net Profit: A significant 181% year-on-year surge to Rs 1,346 crore. Revenue: Increased by 20% to Rs 11,799 crore compared to the same period last year. EBITDA Margin: Improved by 600 basis points […]
Coal India Ltd (CIL) is anticipating a significant decline in its net profit for the first quarter of the financial year. Estimates suggest a 40% drop compared to the same period last year. While lower e-auction premiums are the main concern, other factors could also contribute to the profit decline. […]
Indian Oil Corporation (IOC) has reported a significant decline in its net profit for the first quarter of the financial year 2025. The profit has fallen by a substantial 75% to Rs 3,723 crore compared to the same period last year. Net Profit: Falls by 75% Current Net Profit: Rs […]