July 30, 2024 New Delhi, India Financial Performance: Revenue: ideaForge Technologies, a leading drone manufacturer, reported an 11.2% decline in operating revenue to ₹86.2 crore in Q1 FY25 from ₹97.1 crore in Q1 FY24. Net Profit: The company’s net profit nosedived by 94% YoY to ₹1.2 crore compared to ₹19 crore in the same quarter…
July 29, 2024 New Delhi, India NTPC Shares Shares of state-run power generation company NTPC were trading in positive territory on Monday after posting its financial results for the first quarter of fiscal year 2024-25. The stock rose as much as 3% to ₹408.30 on the National Stock Exchange (NSE). At 9:31 am, it was…
July 29, 2024 New Delhi, India Q1 Results Private sector lender ICICI Bank announced its quarterly results for Q1 FY25, reporting a net profit of Rs 11,059.1 crore, a 14.6% increase compared to Rs 9,648.2 crore in Q1 FY24. This result exceeded the expectations of most brokerages. The bank’s net interest income stood at Rs…
July 27, 2024 New Delhi, India KEC International, a leading manufacturer of electric transmission towers, has reported a significant increase in its net profit for the quarter ending in June. The company’s profit surged to ₹87.6 crore, more than doubling from ₹42 crore a year ago. This remarkable growth was accompanied by a 6.3% year-on-year…
July 26, 2024 New Delhi, India Q1 Results Tech Mahindra reported its Q1FY25 results on July 25, showing a significant 23% year-on-year increase in net profit, reaching Rs 851.5 crore. This represents a 29% sequential growth, driven by portfolio shifts, volume growth, and effective cost management. Key Financial Highlights: Net Profit: Rs 851.5 crore, up…
July 25, 2024 New Delhi, India Q1 Results Nestle India reported a net profit of ₹746.6 crore in the first quarter of FY25, marking a growth of 7% from ₹698.3 crore in the year-ago period. The FMCG major’s revenue for Q1 FY25 increased by 3.3% to ₹4,814 crore from ₹4,658.5 crore year-on-year (YoY). Quarterly Performance:…
July 24, 2024 New Delhi, India Q1 Results Torrent Pharmaceuticals declared their Q1 results for FY25 on July 23, 2024, showcasing strong financial performance. The company reported a 20.9% year-on-year (YoY) increase in profit and a 10.34% rise in revenue. Key Financial Highlights: Revenue: The topline increased by 10.34% YoY. Profit: Profit grew by 20.9%…
July 23, 2024 New Delhi, India Q1 Results Update Hindustan Unilever: Hindustan Unilever Limited (HUL) reported a consolidated net profit of ₹2,538 crore for the June quarter of FY25. This figure represents a significant decline of 75% from the net profit recorded in the March quarter. Bajaj Finance: Bajaj Finance announced its Q1 FY25 results…
July 20, 2024 New Delhi, India Q1 Results HDFC Bank has announced its financial results for the first quarter of fiscal year 2024-25 (Q1FY25), revealing a slight decline in net profit and a modest rise in net interest income (NII). These results provide insights into the bank’s performance amid evolving market conditions. Key Financial Highlights:…
July 20, 2024 New Delhi, India Q1 Results Kotak Mahindra Bank has announced its Q1FY25 results, showcasing a remarkable year-on-year (YoY) increase in net profit and solid growth in net interest income (NII). The bank’s performance highlights its robust financial health and strategic divestments. Key Financial Highlights: Net Profit: Kotak Mahindra Bank reported a standalone…
