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August 22, 2024 New Delhi, India ICRA India’s economic growth is projected to slow to 6% in the April-June quarter of FY2025, marking a six-quarter low, according to a forecast by domestic rating agency Investment Information and Credit Rating Agency of India Limited (ICRA). The slowdown is primarily attributed to a reduction in government capital…
August 12, 2024 New Delhi, India Mamaearth Shares Post Q1 Results Shares of Honasa Consumer, the parent company of Mamaearth, fell over 6% to ₹444 in Monday’s trade on the BSE, despite a notable 63% year-on-year (YoY) increase in consolidated net profit for the June quarter of FY25. The company reported a profit of ₹40…
August 12, 2024 New Delhi, India Q1 Results Voltas Ltd, a leading air conditioning and engineering services provider, reported a significant two-fold jump in its consolidated net profit to ₹335 crore for the first quarter ended June 30, 2024. This impressive growth was primarily driven by a substantial increase in sales from its room air…
August 7, 2024 New Delhi, India TVS Motor Shares TVS Motor Company experienced a significant surge in its stock price following the announcement of robust financial results for the first quarter of fiscal year 2024-25 (Q1FY25). This article delves into the key highlights of TVS Motor’s Q1 performance and the subsequent market reaction. Stock Market…
August 3, 2024 New Delhi, India Q1 Results State Bank of India (SBI), the country’s largest lender, reported a marginal increase of around 1% in its net profit for Q1 of the current financial year, amounting to Rs 17,035.16 crore. This follows a sequential decline of 17.7% in net profit. Asset Quality: 1. Gross and…
August 1, 2024 New Delhi, India Zomato’s Q1 Results Key Highlights: 1. Significant Profit Increase: Zomato reported a substantial increase in net profit, which soared 126.5 times to Rs 253 crore in the April-June quarter (Q1), compared to the same period last year. This marks the fifth consecutive quarter of profitability for the food aggregator….
August 1, 2024 New Delhi, India Q1 Results Tata Consumer Products, the owner of popular brands such as Tetley tea and Ching’s Secret noodles, reported its financial results for the first quarter of fiscal 2024-25 (Q1FY25) on Tuesday. The company recorded an 8.3% decline in net profit, which fell to ₹290.3 crore from ₹317 crore…
August 1, 2024 New Delhi, India Q1 Results Adani Power, a major player in India’s energy sector, announced its financial results for the first quarter of fiscal 2024-25 (Q1FY25) on Wednesday, July 31. The company reported a significant decline of 55.3% in net profit, which fell to ₹3,913 crore compared to ₹8,759 crore in the…
August 1, 2024 New Delhi, India Q1 Results Maruti Suzuki, India’s leading car manufacturer, reported a significant 46.9% year-on-year increase in standalone profit for the June quarter, amounting to ₹3,650 crore. This figure exceeded the Street’s estimate of ₹3,467 crore. The stock responded positively, closing 3.89% higher at ₹13,375 in Wednesday’s trading session, compared to…
July 30, 2024 New Delhi, India Q1 Results Net Profit: Colgate Palmolive India reported a consolidated net profit of ₹364 crore for the June quarter of FY25, marking a 33% growth from ₹273.68 crore in the same period last year. Sales: The company’s net sales for Q1 FY25 stood at ₹1,485.8 crore, a 13% increase…
