Last updated on December 23rd, 2024 at 03:27 pm
Q1 results today, Latest Quarterly Results, Current Quarter Earnings, Q1 Results Update by Moneyphobia.in (Until August 14)
As several major companies have released their Q1 earnings reports, the stock market is buzzing with activity. Investors are closely watching these results to gauge the financial health of these companies and make informed decisions. Here’s a detailed look at the latest quarterly results from the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE).
Bharat Electronics Reports Strong Q1 FY24-25 Results
July 29, 2024 – Bharat Electronics has posted impressive financial results for the first quarter of FY24-25. The company reported a net profit of ₹781 crore, a significant increase of 47% from ₹529 crore in the same quarter last year.
Revenue for the quarter was ₹4,244 crore, up 20% from ₹3,533 crore a year earlier. The company’s gross profit also saw a substantial rise, reaching ₹841 crore, which is a 49% increase compared to ₹564 crore in Q1 FY23-24. Bharat Electronics continues to show robust growth in its financial performance.
Adani Total Gas Shows Steady Profit Growth in Q1 FY24-25
July 29, 2024 – Adani Total Gas has reported a net profit of ₹173 crore for Q1 FY24-25, marking a 16% increase from ₹148 crore in the previous year.
The company’s revenue for the quarter was ₹1,145 crore, up 8% from ₹1,056 crore in Q1 FY23-24. Gross profit also improved, reaching ₹251 crore, a 16% rise from ₹215 crore in the same period last year. The growth reflects the company’s ongoing efforts to enhance its operational efficiency.
Colgate’s Q1 FY24-25 Results Show Strong Profit Increase
July 29, 2024 – Colgate has reported a net profit of ₹364 crore for Q1 FY24-25, up 32% from ₹274 crore in the previous year.
Revenue for the quarter stood at ₹1,497 crore, reflecting a 13% increase from ₹1,324 crore in Q1 FY23-24. The company’s gross profit also saw a notable rise, reaching ₹467 crore, a 24% increase compared to ₹374 crore in the same quarter last year. Colgate’s strong performance highlights its successful strategies in the consumer market.
Hindustan Petroleum Experiences Decline in Net Profit for Q1 FY24-25
July 29, 2024 – Hindustan Petroleum has reported a substantial decline in net profit for Q1 FY24-25, falling to ₹246 crore from ₹6,066 crore a year earlier. This represents a 95% decrease.
The company’s revenue was ₹113,888 crore, a slight increase of 1% from ₹112,079 crore in the same quarter last year. Gross profit also dropped sharply to ₹605 crore, a 92% decrease from ₹8,274 crore in Q1 FY23-24. The significant decline in profit is a key concern for the company moving forward.
Indian Bank Sees Significant Increase in Net Profit for Q1 FY24-25
July 29, 2024 – Indian Bank has reported a net profit of ₹2,403 crore for Q1 FY24-25, marking a 40% increase from ₹1,709 crore in the same period last year.
The bank’s revenue was ₹15,039 crore, up 15% from ₹13,049 crore in Q1 FY23-24. Gross profit also improved to ₹4,502 crore, an 8% increase compared to ₹4,135 crore last year. The strong results reflect the bank’s effective growth strategies and operational improvements.
ACC Reports Slight Decline in Net Profit for Q1 FY24-25
July 29, 2024 – ACC has posted a net profit of ₹360 crore for Q1 FY24-25, a decrease of 22% from ₹463 crore in the same quarter last year.
The company’s revenue for the quarter was ₹5,155 crore, a minor decrease of 0.88% from ₹5,201 crore in Q1 FY23-24. Gross profit also fell to ₹447 crore, a 21% decline compared to ₹571 crore a year earlier. Despite the decline, ACC remains focused on maintaining its market position.
Adani Wilmar Achieves Impressive Net Profit Growth in Q1 FY24-25
July 29, 2024 – Adani Wilmar has reported a remarkable net profit of ₹324 crore for Q1 FY24-25, a significant turnaround from a net loss of ₹38 crore in the previous year.
Revenue for the quarter was ₹13,750 crore, up 11% from ₹12,379 crore in Q1 FY23-24. Gross profit also saw a substantial increase, reaching ₹522 crore compared to ₹39 crore last year. The company’s strong performance underscores its successful business strategies.
KEI Industries Reports Solid Profit Increase in Q1 FY24-25
July 29, 2024 – KEI Industries has reported a net profit of ₹150 crore for Q1 FY24-25, up 23% from ₹121 crore in the previous year.
The company’s revenue was ₹2,060 crore, a 15% increase from ₹1,783 crore in Q1 FY23-24. Gross profit improved to ₹199 crore, a 21% rise from ₹164 crore last year. KEI Industries’ strong financial performance reflects its effective operational management and market presence.
Vedant Fashions Reports Decline in Net Profit for Q1 FY24-25
July 29, 2024 – Vedant Fashions has reported a net profit of ₹62 crore for Q1 FY24-25, a 32% decrease from ₹92 crore in the same quarter last year.
Revenue for the quarter stood at ₹239 crore, down 23% from ₹311 crore in Q1 FY23-24. Gross profit also declined to ₹76 crore, a 36% decrease compared to ₹119 crore last year. The company is focusing on strategies to enhance its performance in the coming quarters.
Kansai Nerolac Reports Significant Decline in Net Profit for Q1 FY24-25
July 29, 2024 – Kansai Nerolac has reported a net profit of ₹225 crore for Q1 FY24-25, a sharp decline of 69% from ₹734 crore in the previous year.
Revenue for the quarter was ₹2,133 crore, slightly down by 1% from ₹2,157 crore in Q1 FY23-24. Gross profit remained relatively stable at ₹281 crore, a minor decline from ₹285 crore last year. The significant drop in net profit highlights challenges faced by the company in the current market environment.
KPIL Reports Decline in Net Profit for Q1 FY24-25
July 29, 2024 – KPIL has reported a net profit of ₹84 crore for Q1 FY24-25, a 25% decrease from ₹113 crore in the same quarter last year.
Revenue for the quarter was ₹4,587 crore, up 8% from ₹4,241 crore in Q1 FY23-24. Gross profit showed a minor decline to ₹259 crore from ₹262 crore last year. Despite the drop in net profit, the company’s revenue growth indicates a positive trend in its operations.
Jindal Saw Sees Strong Profit Growth in Q1 FY24-25
July 29, 2024 – Jindal Saw has reported a net profit of ₹411 crore for Q1 FY24-25, a significant increase of 69% from ₹243 crore in the previous year.
Revenue for the quarter was ₹4,939 crore, up 12% from ₹4,410 crore in Q1 FY23-24. Gross profit improved to ₹691 crore, a 45% increase from ₹475 crore last year. Jindal Saw’s strong performance reflects its successful strategies and operational efficiencies.
Data Patterns Achieves Profit Growth in Q1 FY24-25
July 29, 2024 – Data Patterns has reported a net profit of ₹33 crore for Q1 FY24-25, a 26% increase from ₹26 crore in the same period last year.
Revenue for the quarter was ₹104 crore, up 15% from ₹90 crore in Q1 FY23-24. Gross profit also rose to ₹34 crore, a 36% increase compared to ₹25 crore last year. The company’s performance demonstrates its continued growth and market presence.
Jai Balaji Industries Reports Profit Increase for Q1 FY24-25
July 29, 2024 – Jai Balaji Industries has posted a net profit of ₹209 crore for Q1 FY24-25, a 22% increase from ₹170 crore in the same quarter last year.
The company’s revenue was ₹1,718 crore, a 15% rise from ₹1,483 crore in Q1 FY23-24. Gross profit also improved to ₹294 crore, a 59% increase compared to ₹184 crore last year. Jai Balaji’s strong results highlight its effective business strategies.
Voltamp Transformers Reports Strong Q1 FY24-25 Results
July 29, 2024 – Voltamp Transformers has reported a net profit of ₹79 crore for Q1 FY24-25, a 54% increase from ₹51 crore in the same period last year.
Revenue for the quarter was ₹428 crore, up 32% from ₹322 crore in Q1 FY23-24. Gross profit also improved to ₹73 crore, a 58% increase compared to ₹46 crore last year. Voltamp’s strong financial performance reflects its successful operational strategies.
Arvind Reports Decline in Net Profit for Q1 FY24-25
July 29, 2024 – Arvind has reported a net profit of ₹43 crore for Q1 FY24-25, a 38% decrease from ₹70 crore in the previous year.
Revenue for the quarter was ₹1,831 crore, a slight decrease of 1% from ₹1,853 crore in Q1 FY23-24. Gross profit also fell to ₹81 crore, a 29% decline from ₹115 crore last year. The company is working on strategies to improve its profitability in future quarters.
Strides Pharma Reports Significant Profit Growth in Q1 FY24-25
July 29, 2024 – Strides Pharma has reported a net profit of ₹80 crore for Q1 FY24-25, a remarkable 233% increase from ₹24 crore in the same period last year.
The company’s revenue was ₹1,088 crore, up 16% from ₹930 crore in Q1 FY23-24. Gross profit also saw a significant rise to ₹168 crore, a 57% increase compared to ₹107 crore last year. Strides Pharma’s strong results reflect its successful growth strategies.
Mah Seamless Reports Decline in Net Profit for Q1 FY24-25
July 29, 2024 – Mah Seamless has reported a net profit of ₹134 crore for Q1 FY24-25, a 37% decrease from ₹215 crore in the previous year.
Revenue for the quarter was ₹1,151 crore, a 5% decrease from ₹1,223 crore in Q1 FY23-24. Gross profit also fell to ₹99 crore, a 52% decline compared to ₹210 crore last year. The company is focusing on improving its operational efficiency to address the decline.
Indo Count Reports Growth in Net Profit for Q1 FY24-25
July 29, 2024 – Indo Count has reported a net profit of ₹78 crore for Q1 FY24-25, a 5% increase from ₹74 crore in the same quarter last year.
Revenue for the quarter was ₹941 crore, up 26% from ₹741 crore in Q1 FY23-24. Gross profit also improved to ₹120 crore, a 13% increase compared to ₹106 crore last year. The company’s growth reflects its successful strategies in the textile market.
ASK Auto Reports Profit Increase in Q1 FY24-25
July 29, 2024 – ASK Auto has reported a net profit of ₹54 crore for Q1 FY24-25, a 54% increase from ₹35 crore in the previous year.
Revenue for the quarter was ₹787 crore, up 20% from ₹655 crore in Q1 FY23-24. Gross profit also rose to ₹68 crore, a 38% increase compared to ₹49 crore last year. ASK Auto’s strong performance highlights its successful market strategies.
Privi Speciality Reports Significant Profit Growth in Q1 FY24-25
July 29, 2024 – Privi Speciality has reported a net profit of ₹31 crore for Q1 FY24-25, a substantial 520% increase from ₹5 crore in the previous year.
Revenue for the quarter was ₹464 crore, up 13% from ₹409 crore in Q1 FY23-24. Gross profit also saw a significant rise to ₹62 crore, a 158% increase compared to ₹24 crore last year. The company’s impressive growth reflects its effective business strategies.
AGI Greenpac Maintains Stable Profit in Q1 FY24-25
July 29, 2024 – AGI Greenpac has reported a net profit of ₹63 crore for Q1 FY24-25, unchanged from ₹63 crore in the same quarter last year.
Revenue for the quarter was ₹566 crore, a minor increase of 1% from ₹558 crore in Q1 FY23-24. Gross profit remained stable at ₹95 crore, the same as the previous year. The stability in profit highlights the company’s consistent performance.
Wonderla Reports Decline in Net Profit for Q1 FY24-25
July 29, 2024 – Wonderla has reported a net profit of ₹63 crore for Q1 FY24-25, a 25% decrease from ₹84 crore in the same quarter last year.
Revenue for the quarter was ₹173 crore, down 6% from ₹185 crore in Q1 FY23-24. Gross profit also fell to ₹79 crore, a 26% decrease compared to ₹107 crore last year. The company is working on strategies to improve its financial performance.
Shanthi Gears Reports Profit Increase in Q1 FY24-25
July 29, 2024 – Shanthi Gears has reported a net profit of ₹22 crore for Q1 FY24-25, a 22% increase from ₹18 crore in the previous year.
Revenue for the quarter was ₹139 crore, up 14% from ₹121 crore in Q1 FY23-24. Gross profit also improved to ₹26 crore, a 13% increase compared to ₹23 crore last year. Shanthi Gears’ performance highlights its effective operational strategies.
BALMLAWRIE Reports Profit Growth in Q1 FY24-25
July 29, 2024 – BALMLAWRIE has reported a net profit of ₹45 crore for Q1 FY24-25, a 7% increase from ₹42 crore in the previous year.
Revenue for the quarter was ₹638 crore, up 7% from ₹592 crore in Q1 FY23-24. Gross profit slightly decreased to ₹49 crore from ₹50 crore last year. Despite the minor decline in gross profit, the company’s overall performance remains positive.
ISMT Reports Decline in Net Profit for Q1 FY24-25
July 29, 2024 – ISMT has reported a net profit of ₹29 crore for Q1 FY24-25, a 29% decrease from ₹41 crore in the previous year.
Revenue for the quarter was ₹579 crore, down 11% from ₹657 crore in Q1 FY23-24. Gross profit also fell to ₹43 crore, a 35% decline compared to ₹67 crore last year. The company is focusing on strategies to improve its financial results.
Ideaforge Technology Reports Decline in Profit for Q1 FY24-25
July 29, 2024 – Ideaforge Technology has reported a net profit of ₹2 crore for Q1 FY24-25, a 89% decrease from ₹19 crore in the previous year.
Revenue for the quarter was ₹86 crore, down 11% from ₹97 crore in Q1 FY23-24. Gross profit also turned negative, with a loss of ₹3 crore compared to a profit of ₹24 crore last year. The company is addressing the challenges impacting its financial performance.
Good Luck Reports Profit Growth in Q1 FY24-25
July 29, 2024 – Good Luck has reported a net profit of ₹36 crore for Q1 FY24-25, a 24% increase from ₹29 crore in the same quarter last year.
Revenue for the quarter was ₹913 crore, up 6% from ₹858 crore in Q1 FY23-24. Gross profit also improved to ₹65 crore, a 6% increase compared to ₹61 crore last year. The company’s performance highlights its successful market strategies.
Apollo Pipes Reports Decline in Profit for Q1 FY24-25
July 29, 2024 – Apollo Pipes has reported a net profit of ₹11 crore for Q1 FY24-25, a 21% decrease from ₹14 crore in the previous year.
Revenue for the quarter was ₹240 crore, down 7% from ₹260 crore in Q1 FY23-24. Gross profit also fell to ₹16 crore, a 20% decrease compared to ₹20 crore last year. The company is working on strategies to enhance its performance.
Sanghi Industries Reports Profit Improvement in Q1 FY24-25
July 29, 2024 – Sanghi Industries has reported a net profit of ₹-89 crore for Q1 FY24-25, a 52% improvement from ₹-189 crore in the previous year.
Revenue for the quarter was ₹223 crore, up 33% from ₹167 crore in Q1 FY23-24. Gross profit improved to -₹48 crore from -₹120 crore last year. The company’s financial performance shows a positive trend despite the negative profit.
Astec Life Reports Significant Decline in Profit for Q1 FY24-25
July 29, 2024 – Astec Life has reported a net profit of ₹-40 crore for Q1 FY24-25, a significant decline from ₹-8 crore in the previous year.
Revenue for the quarter was ₹69 crore, down 51% from ₹143 crore in Q1 FY23-24. Gross profit also turned negative, with a loss of ₹56 crore compared to -₹6 crore last year. The company is focusing on improving its financial stability.
Wheels Reports Impressive Profit Growth in Q1 FY24-25
July 29, 2024 – Wheels has reported a net profit of ₹22 crore for Q1 FY24-25, a substantial 214% increase from ₹7 crore in the previous year.
Revenue for the quarter was ₹1,166 crore, down 3% from ₹1,207 crore in Q1 FY23-24. Gross profit improved to ₹57 crore, a 54% increase compared to ₹37 crore last year. The company’s strong performance highlights its successful business strategies.
Mangalore Chemicals Reports Decline in Profit for Q1 FY24-25
July 29, 2024 – Mangalore Chemicals has reported a net profit of ₹44 crore for Q1 FY24-25, a 10% decrease from ₹49 crore in the previous year.
Revenue for the quarter was ₹814 crore, down 15% from ₹958 crore in Q1 FY23-24. Gross profit also fell to ₹87 crore, a 12% decrease compared to ₹99 crore last year. The company is focusing on strategies to improve its profitability.
NDTV Reports Significant Decline in Profit for Q1 FY24-25
July 29, 2024 – NDTV has reported a net profit of ₹-47 crore for Q1 FY24-25, a notable decline from ₹-8 crore in the previous year.
Revenue for the quarter was ₹94 crore, up 34% from ₹70 crore in Q1 FY23-24. Gross profit also turned negative, with a loss of ₹48 crore compared to -₹12 crore last year. The company is addressing the challenges impacting its financial performance.
Sasta Sundar Reports Positive Profit for Q1 FY24-25
July 29, 2024 – Sasta Sundar has reported a net profit of ₹50 crore for Q1 FY24-25. The company did not report profit in the same quarter last year.
Revenue for the quarter was ₹270 crore, down 19% from ₹336 crore in Q1 FY23-24. Gross profit was negative at -₹4 crore, down from ₹7 crore last year. The positive net profit indicates some improvement despite the challenges.
Sarla Performance Reports Significant Profit Growth in Q1 FY24-25
July 29, 2024 – Sarla Performance has reported a net profit of ₹17 crore for Q1 FY24-25, a remarkable 183% increase from ₹6 crore in the previous year.
Revenue for the quarter was ₹111 crore, up 30% from ₹85 crore in Q1 FY23-24. Gross profit also saw a significant rise to ₹13 crore, a 225% increase compared to ₹4 crore last year. The company’s impressive performance highlights its successful business strategies.
SHAH METACORP Reports Dramatic Profit Growth in Q1 FY24-25
July 29, 2024 – SHAH METACORP has reported a net profit of ₹23 crore for Q1 FY24-25, a staggering 2,200% increase from ₹1 crore in the previous year.
Revenue for the quarter was ₹46 crore, up 187% from ₹16 crore in Q1 FY23-24. Gross profit also saw a dramatic rise to ₹3 crore, a 250% increase compared to -₹2 crore last year. The company’s impressive growth reflects its successful strategies and market expansion
Interglobe Aviation Reports Decrease in Q1 Net Profit
July 26, 2024 – Interglobe Aviation, the parent company of IndiGo Airlines, has released its financial results for Q1 FY24-25. The company’s net profit for the quarter was Rs 2,729 crore. This represents an 11% decline compared to Rs 3,091 crore in the same quarter last year.
Revenue for the quarter increased by 17% to Rs 19,571 crore, up from Rs 16,683 crore in the previous year. Despite the revenue growth, the gross profit fell by 7% to Rs 3,283 crore from Rs 3,567 crore. This decline in gross profit contributed to the drop in net profit.
Shriram Finance Sees 18% Increase in Q1 Net Profit
July 26, 2024 – Shriram Finance has announced its financial results for Q1 FY24-25, showing a robust increase in net profit. The company reported a net profit of Rs 2,029 crore, marking an 18% rise from Rs 1,711 crore in the same quarter last year.
Revenue for the quarter stood at Rs 9,605 crore, up 15% from Rs 8,287 crore. Gross profit also increased by 14%, reaching Rs 6,791 crore from Rs 5,929 crore. The company’s strong performance highlights its ability to generate higher profits amid growing revenues.
Piramal Pharma Reduces Q1 Net Loss Marginally
July 26, 2024 – Piramal Pharma has released its Q1 FY24-25 results, showing a slight reduction in net loss. The company’s net loss for the quarter was Rs 111 crore, compared to a net loss of Rs 113 crore in the same period last year.
Revenue for the quarter increased by 11% to Rs 1,951 crore from Rs 1,749 crore. Gross profit turned positive at Rs 20 crore, compared to a loss of Rs 41 crore last year. This improvement in gross profit helped narrow the net loss.
Latent View Posts 7% Increase in Q1 Net Profit
July 26, 2024 – Latent View Analytics reported a 7% increase in its net profit for Q1 FY24-25. The company’s net profit for the quarter was Rs 28 crore, up from Rs 26 crore in the same quarter last year.
Revenue rose by 14% to Rs 79 crore from Rs 69 crore. Gross profit also grew by 15%, reaching Rs 23 crore from Rs 20 crore. These results reflect Latent View’s continued growth in its analytics services.
Equitas Bank Sees Sharp Decline in Q1 Net Profit
July 26, 2024 – Equitas Bank has reported a significant drop in net profit for Q1 FY24-25. The bank’s net profit for the quarter was Rs 26 crore, down 86% from Rs 191 crore in the same quarter last year.
Despite a 19% increase in revenue to Rs 1,501 crore from Rs 1,254 crore, the gross profit only rose by 8% to Rs 340 crore from Rs 312 crore. The substantial decline in net profit suggests increased costs or other financial challenges faced by the bank.
Apcotex Industries Achieves 25% Growth in Q1 Net Profit
July 26, 2024 – Apcotex Industries has reported strong growth in its Q1 FY24-25 net profit. The company achieved a net profit of Rs 15 crore, a 25% increase from Rs 12 crore in the same quarter last year.
Revenue for the quarter was Rs 337 crore, up 21% from Rs 278 crore. Gross profit rose by 22%, reaching Rs 22 crore from Rs 18 crore. Apcotex’s positive results are attributed to its effective business strategies and market expansion.
Nelcast Reports 14% Increase in Q1 Net Profit
July 26, 2024 – Nelcast has announced its Q1 FY24-25 results, showing a 14% increase in net profit. The company’s net profit for the quarter was Rs 8 crore, compared to Rs 7 crore in the same period last year.
Revenue grew by 2% to Rs 300 crore from Rs 293 crore. Gross profit increased by 7%, reaching Rs 14 crore from Rs 13 crore. Nelcast’s steady performance reflects its ability to maintain profitability amidst market fluctuations.
HT Media Posts Wider Q1 Net Loss
July 26, 2024 – HT Media has reported a wider net loss for Q1 FY24-25. The company’s net loss for the quarter was Rs 28 crore, up from a loss of Rs 19 crore in the same quarter last year.
Revenue for the quarter declined by 3% to Rs 379 crore from Rs 393 crore. Gross profit further declined by 23%, resulting in a loss of Rs 68 crore compared to a loss of Rs 55 crore last year. HT Media’s increased net loss highlights ongoing financial challenges.
Mangalam Organics Reports Neutral Q1 Net Profit
July 26, 2024 – Mangalam Organics has reported its Q1 FY24-25 financial results, showing a neutral net profit. The company’s net profit for the quarter was Rs 2 crore, with no profit or loss recorded in the same quarter last year.
Revenue for the quarter increased by 8% to Rs 118 crore from Rs 109 crore. Gross profit rose by 50%, reaching Rs 6 crore from Rs 4 crore. Mangalam Organics’ stable net profit indicates a balanced financial position.
Adani Green Energy Achieves 64% Growth in Q1 Net Profit
July 25, 2024 – Adani Green Energy has announced its Q1 FY24-25 results, showing a substantial increase in net profit. The company’s net profit for the quarter was Rs 449 crore, a 64% rise from Rs 273 crore in the same period last year.
Revenue for the quarter grew by 30% to Rs 2,834 crore from Rs 2,176 crore. Gross profit increased by 12%, reaching Rs 1,827 crore from Rs 1,630 crore. Adani Green Energy’s impressive growth reflects its successful expansion and operational efficiency.
DLF Posts 24% Increase in Q1 Net Profit
July 25, 2024 – DLF has reported a 24% increase in its net profit for Q1 FY24-25. The company’s net profit for the quarter was Rs 339 crore, up from Rs 272 crore in the same quarter last year.
Revenue for the quarter decreased by 4% to Rs 1,362 crore from Rs 1,423 crore. Gross profit fell by 46% to Rs 191 crore from Rs 360 crore. Despite the revenue and gross profit decline, DLF’s net profit increased due to cost management and other financial strategies.
Tech Mahindra Posts Q1 Net Profit Growth
July 25, 2024 – Tech Mahindra has reported a net profit of Rs. 862 crore for the first quarter of the financial year 2024-25. This marks a 23% increase from Rs. 696 crore in the same quarter last year. The company’s consolidated revenue, however, saw a slight decline of 1%, falling from Rs. 13,159 crore to Rs. 13,006 crore. Despite this, gross profit rose by 23%, from Rs. 891 crore to Rs. 1,102 crore.
Adani Energy Records Significant Loss in Q1
July 25, 2024 – Adani Energy has reported a substantial net loss of Rs. 1,191 crore for Q1 FY24-25, a stark contrast to a net profit of Rs. 182 crore in the same period last year. Despite a 46% increase in revenue from Rs. 3,664 crore to Rs. 5,379 crore, the company’s gross profit also saw a significant jump of 51%, from Rs. 1,155 crore to Rs. 1,746 crore.
Canara Bank Achieves 11% Net Profit Growth in Q1
July 25, 2024 – Canara Bank reported a net profit of Rs. 3,977 crore for Q1 FY24-25, an 11% increase from Rs. 3,574 crore in the same period last year. The bank’s revenue increased by 14%, from Rs. 25,451 crore to Rs. 29,173 crore. Gross profit saw a modest growth of 0.67%, reaching Rs. 7,704 crore from Rs. 7,653 crore.
Ashok Leyland Sees Decline in Q1 Net Profit
July 25, 2024 – Ashok Leyland has announced a net profit of Rs. 550 crore for the first quarter of FY24-25, down by 5% from Rs. 583 crore in the previous year. The company’s revenue increased by 10%, from Rs. 9,691 crore to Rs. 10,724 crore, and gross profit rose by 27%, from Rs. 1,282 crore to Rs. 1,633 crore.
MphasiS Reports Marginal Increase in Q1 Net Profit
July 25, 2024 – MphasiS recorded a net profit of Rs. 405 crore for Q1 FY24-25, a slight increase of 2% from Rs. 396 crore in the same quarter last year. The company’s revenue grew by 5%, reaching Rs. 3,422 crore from Rs. 3,252 crore. Gross profit also saw a minor rise of 2%, increasing from Rs. 500 crore to Rs. 514 crore.
United Breweries Achieves 27% Net Profit Growth in Q1
July 25, 2024 – United Breweries reported a net profit of Rs. 174 crore for Q1 FY24-25, marking a 27% increase from Rs. 136 crore in the previous year. The company’s revenue grew by 8%, from Rs. 2,275 crore to Rs. 2,475 crore, while gross profit rose by 32%, from Rs. 172 crore to Rs. 228 crore.
AU Small Finance Bank Posts 29% Net Profit Growth in Q1
July 25, 2024 – AU Small Finance Bank has reported a net profit of Rs. 503 crore for Q1 FY24-25, up by 29% from Rs. 387 crore in the same period last year. The bank’s revenue increased by 53%, from Rs. 2,458 crore to Rs. 3,769 crore, and gross profit saw an 80% rise, reaching Rs. 988 crore from Rs. 546 crore.
Motilal Oswal Financial Services Sees 68% Net Profit Growth in Q1
July 25, 2024 – Motilal Oswal Financial Services recorded a net profit of Rs. 884 crore for Q1 FY24-25, a significant 68% increase from Rs. 526 crore in the same quarter last year. The company’s revenue grew by 54%, reaching Rs. 2,312 crore from Rs. 1,500 crore. Gross profit saw a substantial rise of 66%, increasing from Rs. 821 crore to Rs. 1,371 crore.
Embassy Office Parks REIT Reports 28% Decline in Q1 Net Profit
July 25, 2024 – Embassy Office Parks REIT has announced a net profit of Rs. 155 crore for Q1 FY24-25, down by 28% from Rs. 216 crore in the previous year. The company’s revenue increased by 2%, from Rs. 943 crore to Rs. 970 crore, while gross profit saw a slight decline of 1%, falling from Rs. 480 crore to Rs. 474 crore.
Jupiter Wagons Achieves 46% Net Profit Growth in Q1
July 25, 2024 – Jupiter Wagons has reported a net profit of Rs. 92 crore for Q1 FY24-25, marking a 46% increase from Rs. 63 crore in the same quarter last year. The company’s revenue grew by 16%, from Rs. 753 crore to Rs. 880 crore, and gross profit rose by 37%, reaching Rs. 124 crore from Rs. 90 crore.
Laurus Labs Sees Significant Decline in Q1 Net Profit
July 25, 2024 – Laurus Labs recorded a net profit of Rs. 12 crore for Q1 FY24-25, a substantial decrease of 57% from Rs. 28 crore in the same period last year. The company’s revenue saw a marginal growth of 1%, reaching Rs. 1,195 crore from Rs. 1,182 crore. Gross profit, however, declined by 14%, falling from Rs. 76 crore to Rs. 65 crore.
PNB Housing Finance Achieves 24% Net Profit Growth in Q1
July 25, 2024 – PNB Housing Finance reported a net profit of Rs. 433 crore for Q1 FY24-25, up by 24% from Rs. 347 crore in the same period last year. The company’s revenue increased by 6%, from Rs. 1,708 crore to Rs. 1,823 crore. Gross profit saw a 9% rise, reaching Rs. 1,642 crore from Rs. 1,494 crore.
Jyothy Labs Posts 6% Net Profit Growth in Q1
July 25, 2024 – Jyothy Labs has announced a net profit of Rs. 102 crore for Q1 FY24-25, a 6% increase from Rs. 96 crore in the same quarter last year. The company’s revenue grew by 8%, from Rs. 687 crore to Rs. 742 crore, and gross profit rose by 14%, from Rs. 105 crore to Rs. 120 crore.
Cyient Reports Decline in Q1 Net Profit
July 25, 2024 – Cyient recorded a net profit of Rs. 148 crore for Q1 FY24-25, down by 12% from Rs. 169 crore in the same period last year. The company’s revenue saw a slight decline of 0.65%, falling from Rs. 1,687 crore to Rs. 1,676 crore. Gross profit decreased by 19%, from Rs. 248 crore to Rs. 199 crore.
Ramco Cements Sees 55% Decline in Q1 Net Profit
July 25, 2024 – Ramco Cements reported a net profit of Rs. 35 crore for Q1 FY24-25, a significant decrease of 55% from Rs. 79 crore in the previous year. The company’s revenue declined by 6%, from Rs. 2,247 crore to Rs. 2,094 crore, while gross profit fell by 21%, from Rs. 194 crore to Rs. 152 crore.
Mahanagar Gas Posts 22% Decline in Q1 Net Profit
July 25, 2024 – Mahanagar Gas has reported a net profit of Rs. 285 crore for Q1 FY24-25, down by 22% from Rs. 368 crore in the same quarter last year. The company’s revenue grew by 3%, reaching Rs. 1,590 crore from Rs. 1,538 crore. Gross profit, however, saw a 24% decline, falling from Rs. 459 crore to Rs. 347 crore.
Chalet Hotels Sees 31% Decline in Q1 Net Profit
July 25, 2024 – Chalet Hotels recorded a net profit of Rs. 61 crore for Q1 FY24-25, a 31% decrease from Rs. 89 crore in the same period last year. The company’s revenue grew by 16%, from Rs. 311 crore to Rs. 361 crore, and gross profit rose by 27%, from Rs. 79 crore to Rs. 101 crore.
Chennai Petroleum Corporation Reports 37% Decline in Q1 Net Profit
July 25, 2024 – Chennai Petroleum Corporation has announced a net profit of Rs. 343 crore for Q1 FY24-25, down by 37% from Rs. 548 crore in the previous year. The company’s revenue increased by 38%, from Rs. 14,745 crore to Rs. 20,361 crore, while gross profit fell by 36%, from Rs. 803 crore to Rs. 513 crore.
Westlife Food Reports Decline in Q1 Net Profit
July 25, 2024
Westlife Food has reported a sharp decline in its net profit for the first quarter of FY24-25. The company’s net profit stood at Rs. 3 crore, down 89% from Rs. 29 crore in the same period last year. Revenue showed marginal growth, rising to Rs. 616 crore from Rs. 615 crore, a growth of 0.16%. However, gross profit also took a hit, dropping by 52% to Rs. 29 crore from Rs. 61 crore.
Praj Industries Sees Significant Growth in Q1 Net Profit
July 25, 2024
Praj Industries has reported a strong increase in its net profit for Q1 FY24-25. The net profit for the quarter reached Rs. 84 crore, a 42% rise from Rs. 59 crore in the previous year. Despite a 5% decline in revenue, which fell to Rs. 699 crore from Rs. 737 crore, gross profit improved by 7%, reaching Rs. 72 crore.
Glenmark Life’s Net Profit Declines in Q1
July 25, 2024- Glenmark Life has experienced a decline in its net profit for Q1 FY24-25. The company’s net profit fell by 17% to Rs. 111 crore from Rs. 135 crore in the same quarter last year. Revenue saw a slight increase of 1%, growing to Rs. 589 crore from Rs. 578 crore. However, gross profit decreased by 19%, dropping to Rs. 145 crore from Rs. 181 crore.
LT Foods Achieves Growth in Q1 Net Profit
July 25, 2024
LT Foods has reported a notable increase in its net profit for Q1 FY24-25. The net profit for the quarter rose by 17%, reaching Rs. 145 crore from Rs. 123 crore in the previous year. The company’s revenue grew significantly by 16%, climbing to Rs. 2,071 crore from Rs. 1,778 crore. Gross profit also saw an 11% increase, reaching Rs. 199 crore.
Mahindra Holidays Reports Huge Increase in Q1 Net Profit
July 25, 2024
Mahindra Holidays has reported a significant increase in its net profit for Q1 FY24-25. The net profit jumped to Rs. 7 crore, a 600% rise from Rs. 1 crore in the same period last year. Revenue for the quarter increased by 6%, growing to Rs. 653 crore from Rs. 614 crore. Gross profit surged by 466%, reaching Rs. 17 crore from Rs. 3 crore.
Home First Sees Strong Growth in Q1 Net Profit
July 25, 2024
Home First has reported a strong growth in its net profit for Q1 FY24-25. The net profit for the quarter increased by 27%, reaching Rs. 88 crore from Rs. 69 crore in the previous year. The company’s revenue saw a substantial increase of 31%, climbing to Rs. 336 crore from Rs. 255 crore. Gross profit also grew by 38%, reaching Rs. 265 crore.
Ujjivan Small Finance Bank’s Net Profit Declines in Q1
July 25, 2024
Ujjivan Small Finance Bank has reported a decline in its net profit for Q1 FY24-25. The net profit fell by 7%, reaching Rs. 301 crore from Rs. 324 crore in the same quarter last year. Revenue, however, grew by 22%, increasing to Rs. 1,577 crore from Rs. 1,287 crore. Gross profit also saw an 11% increase, reaching Rs. 510 crore.
Share India Securities Achieves Growth in Q1 Net Profit
July 25, 2024
Share India Securities has reported a significant growth in its net profit for Q1 FY24-25. The net profit increased by 25%, reaching Rs. 103 crore from Rs. 82 crore in the previous year. The company’s revenue grew substantially by 49%, climbing to Rs. 414 crore from Rs. 277 crore. Gross profit also saw a 17% increase, reaching Rs. 143 crore.
VST Industries Reports Decline in Q1 Net Profit
July 25, 2024
VST Industries has experienced a decline in its net profit for Q1 FY24-25. The net profit fell by 35%, reaching Rs. 54 crore from Rs. 84 crore in the same quarter last year. Revenue decreased by 3%, falling to Rs. 321 crore from Rs. 333 crore. Gross profit also dropped by 35%, reaching Rs. 63 crore.
Thangamayil Jewellery’s Net Profit Slightly Declines in Q1
July 25, 2024
Thangamayil Jewellery has reported a slight decline in its net profit for Q1 FY24-25. The net profit fell by 3%, reaching Rs. 57 crore from Rs. 59 crore in the same period last year. Revenue, however, saw a significant increase of 27%, growing to Rs. 1,220 crore from Rs. 959 crore. Gross profit decreased by 4%, dropping to Rs. 84 crore.
SRF Reports Decline in Net Profit for Q1 FY24-25
July 23, 2024 – SRF Ltd. reported its financial results for Q1 FY24-25, showing a notable decline in performance. The company’s revenue decreased slightly by 1%, from Rs. 2,774 crore in June 2023 to Rs. 2,736 crore in June 2024. The gross profit saw a significant drop of 27%, from Rs. 523 crore to Rs. 377 crore. Most importantly, the net profit fell by 31%, from Rs. 365 crore to Rs. 250 crore. This decline is a concern for stakeholders as it indicates financial challenges.
M&M Financial Shows Impressive Growth in Q1 FY24-25
July 23, 2024 – M&M Financial reported strong financial results for Q1 FY24-25. The company saw a 20% increase in revenue, rising from Rs. 3,583 crore in June 2023 to Rs. 4,316 crore in June 2024. Gross profit improved by 27%, reaching Rs. 2,563 crore from Rs. 2,013 crore. Notably, the net profit surged by 37%, from Rs. 348 crore to Rs. 478 crore. These results highlight M&M Financial’s robust performance and effective strategies.
Kajaria Ceramics Faces Decline in Net Profit for Q1 FY24-25
July 23, 2024 – Kajaria Ceramics released its Q1 FY24-25 financial results, showing mixed performance. The company’s revenue grew by 4%, from Rs. 1,064 crore in June 2023 to Rs. 1,114 crore in June 2024. However, gross profit declined by 10%, from Rs. 139 crore to Rs. 125 crore. The net profit also saw a decrease of 12%, dropping from Rs. 109 crore to Rs. 95 crore. These results indicate challenges in maintaining profitability.
ICRA Reports Lower Net Profit in Q1 FY24-25
July 23, 2024 – ICRA Ltd. announced its financial results for Q1 FY24-25, revealing a decrease in net profit. Revenue increased by 11%, from Rs. 103 crore in June 2023 to Rs. 115 crore in June 2024. However, the gross profit fell slightly by 3%, from Rs. 32 crore to Rs. 31 crore. The net profit decreased by 12%, from Rs. 41 crore to Rs. 36 crore. Despite revenue growth, the drop in net profit highlights some operational challenges.
Heritage Foods Achieves Remarkable Net Profit Growth in Q1 FY24-25
July 23, 2024 – Heritage Foods reported its Q1 FY24-25 financial results, showing exceptional performance. Revenue grew by 11%, from Rs. 924 crore in June 2023 to Rs. 1,033 crore in June 2024. The gross profit surged by 220%, from Rs. 24 crore to Rs. 77 crore. Most impressively, the net profit skyrocketed by 241%, increasing from Rs. 17 crore to Rs. 58 crore. These results underscore Heritage Foods’ successful strategies and robust market position.
Steel Strips Wheels Reports Decline in Q1 FY24-25 Net Profit
July 23, 2024 – Steel Strips Wheels Ltd. released its Q1 FY24-25 financial results, showing a slight decline. Revenue decreased by 1%, from Rs. 1,044 crore in June 2023 to Rs. 1,025 crore in June 2024. The gross profit fell by 2%, from Rs. 91 crore to Rs. 89 crore. The net profit also saw a decrease of 4%, dropping from Rs. 48 crore to Rs. 46 crore. These figures reflect the company’s struggle to maintain growth in a competitive market.
Indoco Remedies Sees Sharp Decline in Net Profit for Q1 FY24-25
July 23, 2024 – Indoco Remedies announced its financial results for Q1 FY24-25, indicating a sharp decline in profitability. Revenue grew marginally by 0.94%, from Rs. 427 crore in June 2023 to Rs. 431 crore in June 2024. However, the gross profit plummeted by 51%, from Rs. 41 crore to Rs. 20 crore. The net profit experienced a drastic drop of 91%, from Rs. 24 crore to Rs. 2 crore. These results highlight significant financial challenges for the company.
InfoBeans Technologies Posts Strong Net Profit Growth in Q1 FY24-25
July 23, 2024 – InfoBeans Technologies reported its Q1 FY24-25 financial results, showcasing significant growth. Revenue increased by 5%, from Rs. 92 crore in June 2023 to Rs. 97 crore in June 2024. The gross profit surged by 80%, from Rs. 5 crore to Rs. 9 crore. The net profit saw an impressive rise of 166%, from Rs. 3 crore to Rs. 8 crore. These results reflect the company’s effective strategies and strong market position.
Indian Overseas Bank (IOB) Reports Growth in Q1 FY24-25 Net Profit
July 22, 2024 – Indian Overseas Bank (IOB) announced its Q1 FY24-25 financial results, showing notable growth. Revenue increased by 20%, from Rs. 5,427 crore in June 2023 to Rs. 6,539 crore in June 2024. The gross profit grew by 25%, from Rs. 1,349 crore to Rs. 1,692 crore. The net profit rose by 28%, from Rs. 504 crore to Rs. 649 crore. These results underscore IOB’s successful performance and strong financial health.
HDFC Bank Reports 38% Increase in Q1 Net Profit
July 20, 2024 – HDFC Bank has announced its Q1 results for FY24-25. The bank reported a net profit of Rs. 17,188 crore, marking a 38% increase from the Rs. 12,403 crore recorded in the same quarter last year. Revenue rose by 59% to Rs. 81,546 crore compared to Rs. 51,168 crore in June 2023. Gross profit also saw a significant rise of 30%, reaching Rs. 25,870 crore from Rs. 19,889 crore. This impressive growth highlights HDFC Bank’s strong financial performance and resilience.
J.K. Cement Sees 63% Surge in Q1 Net Profit
July 20, 2024 – J.K. Cement has revealed its Q1 financial results for FY24-25, with a net profit of Rs. 185 crore. This is a substantial 63% increase from Rs. 113 crore in the same period last year. The company’s revenue grew by 1%, reaching Rs. 2,808 crore compared to Rs. 2,763 crore in June 2023. Gross profit climbed 24%, from Rs. 273 crore to Rs. 339 crore. J.K. Cement’s robust performance underscores its market strength.
Gravita India Records 28% Increase in Q1 Net Profit
July 20, 2024 – Gravita India has reported a net profit of Rs. 68 crore for Q1 FY24-25, a 28% increase from Rs. 53 crore in the previous year. The company’s revenue grew by 29%, reaching Rs. 908 crore compared to Rs. 703 crore in June 2023. Gross profit rose 58%, from Rs. 51 crore to Rs. 81 crore. Gravita India’s growth reflects its solid operational efficiency and market expansion.
Shakti Pumps Achieves 9,200% Growth in Q1 Net Profit
July 20, 2024 – Shakti Pumps has posted remarkable Q1 results for FY24-25, with a net profit of Rs. 93 crore, a staggering 9,200% increase from just Rs. 1 crore last year. The company’s revenue saw a 402% rise, reaching Rs. 568 crore compared to Rs. 113 crore in June 2023. Gross profit surged 4,266%, from Rs. 3 crore to Rs. 131 crore. These extraordinary figures demonstrate Shakti Pumps’ exceptional growth and market penetration.
Seshasayee Paper’s Q1 Net Profit Drops 47%
July 20, 2024 – Seshasayee Paper has announced its Q1 FY24-25 results, showing a net profit of Rs. 37 crore, a 47% decrease from Rs. 70 crore in the same quarter last year. The company’s revenue slightly fell by 1%, from Rs. 427 crore to Rs. 422 crore. Gross profit dropped significantly by 57%, from Rs. 84 crore to Rs. 36 crore. These results indicate a challenging quarter for Seshasayee Paper.
Sportking India Reports 77% Increase in Q1 Net Profit
July 20, 2024 – Sportking India has reported its Q1 FY24-25 results with a net profit of Rs. 32 crore, marking a 77% increase from Rs. 18 crore in June 2023. The company’s revenue rose by 17%, reaching Rs. 634 crore compared to Rs. 539 crore last year. Gross profit also saw a significant rise of 73%, from Rs. 30 crore to Rs. 52 crore. Sportking India’s strong performance highlights its growing market presence and profitability.
Reliance Industries’ Q1 Net Profit Declines by 4%
July 19, 2024 – Reliance Industries Ltd. announced its Q1 FY24-25 results. The company reported a net profit of Rs. 17,448 crore. This represents a 4% decline compared to the same period last year, where the net profit was Rs. 18,182 crore.
Reliance’s revenue for Q1 FY24-25 stood at Rs. 231,784 crore. This is an 11% increase from the Rs. 207,559 crore revenue reported in Q1 FY23-24. Despite the revenue growth, the gross profit saw a decrease. It fell from Rs. 26,318 crore in Q1 FY23-24 to Rs. 25,169 crore in Q1 FY24-25, marking a 4% decline.
The decline in net profit can be attributed to various factors. Increased operational costs and lower margins in some segments played a significant role. However, the overall revenue growth shows the company’s strong market presence.
Reliance Industries continues to be a major player in the industry. The company is focusing on new projects and innovations to drive future growth. Investors are closely watching how the company will navigate the current economic conditions.
BPCL Reports Significant Drop in Net Profit for Q1 FY24-25
July 19, 2024 – Bharat Petroleum Corporation Limited (BPCL) has reported a major decline in its net profit for the first quarter of fiscal year 2024-2025. The company’s net profit fell sharply by 75% to ₹2,462 crore, compared to ₹10,168 crore in the same period last year.
The company’s revenue showed a modest increase of 0.10%, rising from ₹112,985 crore to ₹113,095 crore. However, the gross profit experienced a significant drop of 72%, from ₹14,171 crore to ₹3,940 crore.
Oberoi Realty Reports 81% Increase in Net Profit for Q1 FY24-25
July 19, 2024 – Oberoi Realty has announced a significant increase in its net profit for the first quarter of FY24-25. The company reported a net profit of ₹582 crore, marking an impressive 81% growth compared to ₹320 crore in the same period last year.
The company’s revenue also saw a substantial rise. It grew by 54%, reaching ₹1,405 crore, up from ₹910 crore in Q1 FY23-24. Oberoi Realty’s gross profit increased by 72%, totaling ₹795 crore, compared to ₹462 crore in the previous year.
Indian Hotels Reports 10% Increase in Q1 Net Profit
July 19, 2024 – Indian Hotels has announced a strong performance for the first quarter of FY24-25. The company reported a net profit of ₹234 crore, marking a 10% increase from ₹211 crore in the same period last year.
Revenue for the quarter reached ₹1,550 crore, up 5% from ₹1,466 crore. The gross profit also saw a rise, reaching ₹332 crore, up 10% from ₹301 crore. The company’s shares experienced a slight decline of 0.76% and were trading at ₹577.90. Overall, Indian Hotels’ Q1 results highlight a solid growth trajectory in both profit and revenue.
Patanjali Foods Reports Strong Net Profit Growth in Q1
July 19, 2024 — Patanjali Foods has announced its financial results for the first quarter of FY24-25. The company reported a significant increase in net profit. For the quarter ending June 2024, Patanjali Foods achieved a net profit of Rs. 263 crore. This represents a substantial 198% growth compared to Rs. 88 crore in the same period last year.
Despite a slight decline in revenue, which fell by 7% to Rs. 7,173 crore from Rs. 7,767 crore, the company saw a remarkable rise in gross profit. Gross profit soared to Rs. 349 crore, up 245% from Rs. 101 crore the previous year.
One 97 Paytm Sees Decline in Net Profit for Q1 FY24-25
July 19, 2024 – One 97 Paytm reported a significant drop in its net profit for the first quarter of FY24-25. The company’s net profit fell to a loss of Rs. 825 crore, compared to a loss of Rs. 333 crore in the same period last year. This marks a decline of 147% year-on-year.
The company’s revenue also dropped by 37% from Rs. 1,845 crore to Rs. 1,149 crore. Gross profit saw an even steeper decline, worsening from a loss of Rs. 452 crore to a loss of Rs. 946 crore.
Blue Dart Reports 13% Drop in Net Profit for Q1 FY24-25
July 19, 2024 — Blue Dart’s financial performance for the first quarter of FY24-25 shows a decrease in net profit. The company’s net profit stands at ₹53 crore, a drop of 13% compared to ₹61 crore from the same period last year. Despite an 8% increase in revenue, from ₹1,238 crore to ₹1,343 crore, the gross profit fell by 8% to ₹84 crore. This decline in gross profit has contributed to the lower net profit.
Supreme Petro Sees 76% Rise in Net Profit for Q1 FY24-25
July 19, 2024 — Supreme Petro has reported a significant increase in its net profit for Q1 FY24-25. The company’s net profit surged by 76%, reaching ₹122 crore, up from ₹69 crore in the same quarter last year. Revenue for the quarter climbed by 28% to ₹1,573 crore. Gross profit also saw a remarkable improvement of 90%, totaling ₹145 crore. This strong performance highlights Supreme Petro’s robust growth during the period.
Jubilant Pharmo’s Net Profit Skyrockets by 6,785% in Q1 FY24-25
July 19, 2024 — Jubilant Pharmo has achieved an extraordinary increase in net profit for Q1 FY24-25. The company’s net profit soared by 6,785% to ₹482 crore, up from just ₹7 crore a year ago. Revenue grew by 9% to ₹1,732 crore, and gross profit more than doubled, rising by 101% to ₹161 crore. This dramatic rise in net profit underscores Jubilant Pharmo’s exceptional performance this quarter.
RPG Life Reports 22% Increase in Net Profit for Q1 FY24-25
July 19, 2024 — RPG Life has reported a 22% increase in net profit for Q1 FY24-25. The company’s net profit reached ₹27 crore, up from ₹22 crore in the previous year. Revenue for the quarter was ₹165 crore, showing an 11% growth. Gross profit improved by 21% to ₹34 crore. These results reflect RPG Life’s steady growth and improved profitability.
Summit Sec’s Net Profit Drops by 62% in Q1 FY24-25
July 19, 2024 — Summit Sec has experienced a decline in its net profit for Q1 FY24-25. The company’s net profit fell by 62%, totaling ₹3 crore compared to ₹8 crore last year. Revenue increased by 90% to ₹21 crore. However, gross profit grew by 81% to ₹20 crore. The drop in net profit despite increased revenue and gross profit points to potential challenges faced by Summit Sec.
KSolves Reports 12% Increase in Net Profit for Q1 FY24-25
July 19, 2024 — KSolves has reported a 12% rise in net profit for Q1 FY24-25. The company’s net profit is ₹9 crore, up from ₹8 crore last year. Revenue grew by 33% to ₹32 crore, and gross profit increased by 20% to ₹12 crore. This growth reflects KSolves’ positive performance during the quarter.
BLAL Sees No Change in Net Profit for Q1 FY24-25
July 19, 2024 — BLAL’s financial results for Q1 FY24-25 show no change in net profit. The company’s net profit remains at a negative ₹2 crore, the same as the previous year. The company’s revenue and gross profit figures are unchanged. This stability in financial performance highlights BLAL’s consistent but challenging position.
Aurum Proptech Reports 31% Improvement in Net Profit for Q1 FY24-25
July 19, 2024 — Aurum Proptech has achieved a 31% increase in net profit for Q1 FY24-25. The company’s net profit stands at a negative ₹11 crore, improving from a negative ₹16 crore last year. Revenue increased by 47% to ₹65 crore, and gross profit improved by 38%. Despite the negative net profit, these improvements indicate a positive trend for Aurum Proptech.
Ponni Sugars(E) Sees 85% Drop in Net Profit for Q1 FY24-25
July 19, 2024 — Ponni Sugars(E) has reported an 85% decrease in net profit for Q1 FY24-25. The company’s net profit has dropped to ₹1 crore from ₹7 crore last year. Revenue fell by 43% to ₹55 crore, and gross profit also declined, showing a significant decrease. This substantial drop in net profit reflects challenges faced by Ponni Sugars(E) during the quarter.
Wipro Reports Increased Net Profit in Q1 FY24-25
July 19, 2024 – Wipro has announced its financial results for the first quarter of FY24-25. The company’s net profit rose to ₹3,041 crore, marking a 5% increase from the previous year’s ₹2,886 crore. Despite a slight decline in revenue, down 3% to ₹21,964 crore from ₹22,831 crore, Wipro saw growth in its gross profit. The gross profit for this quarter reached ₹3,625 crore, up 4% compared to last year’s ₹3,458 crore. Overall, Wipro’s performance reflects a strong improvement in profitability even amid lower revenue.
JSW Steel Sees Net Profit Drop in Q1 FY24-25
July 19, 2024 – JSW Steel has reported a decline in its net profit for the first quarter of FY24-25. The company’s net profit fell to ₹879 crore, a significant 64% decrease compared to ₹2,462 crore in the same period last year.
Revenue for the quarter stood at ₹42,943 crore, showing a modest 1% increase from ₹42,213 crore in Q1 FY23-24. However, the gross profit dropped sharply to ₹3,301 crore, down 35% from ₹5,146 crore in the previous year.
BPCL Reports Decline in Q1 Net Profit Despite Revenue Growth
On July 19, 2024, Bharat Petroleum Corporation Limited (BPCL) announced its financial results for the first quarter of FY 2024-25. Despite a slight increase in revenue, BPCL reported a significant decrease in net profit.
BPCL’s revenue for the quarter ending June 2024 was Rs. 113,095 crore, showing a marginal growth of 0.10% compared to Rs. 112,985 crore in June 2023. However, gross profit dropped dramatically by 72%, falling from Rs. 14,171 crore in June 2023 to Rs. 3,940 crore in June 2024.
The most notable change was in BPCL’s net profit, which declined by 75%. The company reported a net profit of Rs. 2,462 crore in June 2024, compared to Rs. 10,168 crore in the same quarter last year. This significant drop in profit highlights the challenges faced by BPCL in maintaining its profitability despite a steady revenue stream.
BPCL’s stock also reflected this downturn, closing at Rs. 303.80, down by 4.51%.
Atul Reports 9% Increase in Net Profit for Q1 FY24-25
July 19, 2024 – Atul Ltd. announced its financial results for the first quarter of FY24-25. The company’s net profit rose by 9% compared to the same period last year. This growth is a positive sign amidst a challenging market.
For the quarter ending June 24, 2024, Atul reported a net profit of Rs 109 crore, up from Rs 100 crore in the corresponding quarter of the previous year. The revenue for the quarter increased by 11%, reaching Rs 1,322 crore, compared to Rs 1,182 crore in June 2023.
The company’s gross profit also saw a rise of 13%, amounting to Rs 147 crore, up from Rs 130 crore in the previous year. Despite a 2.47% decline in share price, which closed at Rs 6,948.20, Atul’s financial performance showcases robust growth and resilience.
Tata Communications Reports 11% decrease in Net Profit in Q1 FY24-25 Results
Tata Communications, a leading global digital infrastructure provider, has announced its financial results for the first quarter of the fiscal year 2024-25. The company reported a notable increase in net profit, reaching Rs. 330 crore, marking a significant rise from Rs. 373 crore in the same period last year.
This growth comes amidst an 18% increase in revenue, climbing to Rs. 5,633 crore from Rs. 4,771 crore year-over-year. Despite a slight 7% increase in gross profit, Tata Communications remains optimistic about future growth prospects in the evolving digital landscape.
Tata Tech Reports 500% Increase in Net Profit in Q1 FY24-25 Results
July 18, 2024: Tata Technologies, a global leader in engineering and product development services, has announced a remarkable performance in the first quarter of fiscal year 2024-25. The company reported a staggering 500% increase in net profit, soaring to Rs. 480 crore from Rs. 80 crore in the same period last year.
This substantial growth underscores Tata Tech’s robust financial strategy and effective operational execution amid a competitive market landscape. Revenue for Q1 FY24-25 rose by 11% to Rs. 721 crore, while gross profit increased by 6% to Rs. 110 crore, further solidifying the company’s position in the industry.
Newgen Software Reports 60% Increase in Net Profit in Q1 FY24-25 Results
On July 18, 2024, Newgen Software reported a notable increase in net profit for the first quarter of the fiscal year 2024-25. The company’s net profit surged to Rs. 48 crore, marking a substantial 60% rise from the previous year’s Rs. 30 crore.
This growth reflects Newgen Software’s strong performance in revenue and gross profit, which also saw significant increases of 25% and 60%, respectively. The company’s robust financial results underscore its effective business strategies amidst evolving market conditions.
Read More: Moneyphobia
Infosys Reports 7% Increase in Net Profit in Q1 FY24-25 Results
July 18, 2024: Infosys, a leading global technology services company, has announced its financial results for the first quarter of the fiscal year 2024-25. The company reported a significant 7% growth in net profit, rising to Rs. 6,374 crore from Rs. 5,945 crore in the same period last year.
The company’s revenue for Q1 FY24-25 stood at Rs. 39,315 crore, marking a 3% increase compared to Rs. 37,933 crore in Q1 FY23-24. Similarly, Infosys reported a gross profit of Rs. 8,288 crore, up 5% from Rs. 7,891 crore in the previous year’s first quarter.
These results reflect Infosys’s strong performance and continued growth trajectory in the competitive global IT services industry.
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Swaraj Engines Reports 4% Increase in Net Profit in Q1 FY24-25 Results
Swaraj Engines, a leading player in the automotive sector, has reported a notable increase in net profit for the first quarter of the fiscal year 2024-25. According to their latest financial report, the company’s net profit rose to Rs. 43 crore, marking a 4% increase compared to the previous year’s Q1 figures. This growth reflects Swaraj Engines’ effective operational strategies amidst a competitive market landscape.The company’s revenue also saw a positive growth, reaching Rs. 418 crore, up by 4%, while gross profit climbed to Rs. 54 crore, showing a 5% increase from the same period last year.
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Bank of Mah Q1 Results Show Impressive Growth
Bank of Mah has announced its Q1 results for the financial year 2024-25.
The results show significant growth across all key financial metrics.
The revenue for the quarter ending June 2024 was ₹5,875 crore.
This is a 22% increase from ₹4,789 crore in June 2023.
The gross profit also saw a rise. It increased by 23%, reaching ₹2,295 crore compared to ₹1,864 crore last year.
Most notably, the net profit surged by 46%. It stood at ₹1,294 crore, up from ₹882 crore in the previous year.
The bank’s stock price reflected this positive performance. It increased by 5.64%, closing at ₹68.75.
Overall, Bank of Mah’s Q1 results highlight a strong start to the financial year 2024-25.
HDFC Life Q1 Results: Steady Growth Reported
HDFC Life Insurance has announced its Q1 results. The company reported a net profit of ₹638.05 crores, marking a 0.39% growth. This report is for the first quarter of the fiscal year 2024-2025.
The revenue for the quarter stood at ₹26,934 crores, showing a 15% increase from ₹23,371 crores in the same period last year. HDFC Life’s gross profit saw a remarkable growth of 113%, rising to ₹607 crores from ₹284 crores in June 2023. The net profit also increased by 14%, reaching ₹479 crores compared to ₹417 crores in the previous year.
These figures reflect HDFC Life’s strong performance and steady growth in the insurance sector. The company’s ability to increase both revenue and profit demonstrates its effective business strategies and customer trust.
Kellton Tech Solutions Q1 FY24 Results: Stock Up by 15.85%
Kellton Tech Solutions announced its Q1 FY24 results today. The company reported a net asset value (NAV) of 178.39. This marks an impressive growth of 16.15% compared to the previous quarter. The strong performance is attributed to successful project deliveries and expanding client base. Kellton Tech’s management expressed confidence in sustaining this growth trend. They are focused on innovative solutions and enhancing customer satisfaction. The company aims to continue its upward trajectory in the coming quarters.
Rita Finance and Leasing Q1 FY24 Results: Slight Decline in Performance
Rita Finance and Leasing released its Q1 FY24 results today. The company reported a net asset value (NAV) of 16.99. This represents a decline of 1.45% compared to the previous quarter. The decrease reflects the company’s struggle in a challenging market. Despite this, Rita Finance remains committed to its growth strategy. The management is optimistic about future performance. They are focused on improving their financial stability and operational efficiency.
HDFC Life Q1 Results Preview: APE to Rise 22% YoY to Rs 2,910 Crore, VNB Growth at 17%
HDFC Life Insurance Company is set to announce its Q1 results. Analysts expect Annual Premium Equivalent (APE) to increase by 22% year-on-year, reaching Rs 2,910 crore. Value of New Business (VNB) is predicted to grow by 17%, showing strong profitability. The company’s digital focus and customer-centric products have driven this growth. Investors await detailed results for further insights.
DMart Q1 Results: Avenue Supermarts’ Net Profit Jumps 17% to ₹773 Crore, Revenue Surges 18% YoY
Avenue Supermarts Ltd, the owner of DMart, announced its Q1 results. The company reported a net profit of ₹773 crore, marking a 17% increase from the previous year. Revenue also saw an 18% year-on-year (YoY) growth, reflecting the company’s strong performance in the retail sector. The positive results are attributed to increased customer demand and efficient operational management. This growth is a good sign for investors and stakeholders, showcasing DMart’s continued expansion and market presence.
| Field | Description | Example Value |
|---|---|---|
| endDate | End date of the Q1 earnings announcement period. | 2024-08-14 |
| offers | Details about the offer or event. | Providing Q1 results |
| image | N/A | N/A |
| eventStatus | Status of the event. | Ongoing |
| description | Description of the event or offer. | Stay updated with Q1 financial results from Moneyphobia.in |
| performer | N/A | N/A |
| organizer | Moneyphobua hosting or organizing the event. | Moneyphobia |
