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The net profit was also higher than Rs 8,938.10 crore earning in the preceding quarter of April-June 2024. State-owned Oil and Natural Gas Corporation (ONGC) on Monday reported a 17 per cent rise in its second quarter net profit primarily because of lower windfall and other taxes. Standalone net profit of Rs 11,948.02 crore in…
Read More “Net profit at ONGC for Q2 rose 17% on lower windfall tax” »
Net profit at Bharti Airtel Higher 4G & 5G users drive up ARPU to Rs 211, up from Rs 209 in Q4 FY24 Bharti Airtel’s net profit (attributable to owners) for the April-June quarter (Q1) of FY25 rose 158 per cent year-on-year (Y-o-Y) to Rs 4,159 crore, up from Rs 1,612 crore in the year-ago…
Read More “Net profit at Bharti Airtel for Q1FY25 rises 158% to Rs 4,159 crore” »
NIM (Net Interest Margin) The private lender plans to raise funds by issuing debt securities and proposed a dividend of Rs 10 per share, subject to approval of the board The net profit of private lender ICICI Bank rose by 17.4 per cent to Rs 10,708 crore in the fourth quarter of financial year 2023-24…
Read More “NIM slips 4.40% as ICICI Bank’s Q4 profit rises 17% to Rs 10,708 crore” »
NII A sharp increase in provisions contributed to the 7.62 percent increase in net profit for the reporting period, attributed to a 7.62 per cent increase in net profit on a standalone basis. Kotak Mahindra Bank, a private sector lender, reported a 6.76 per cent increase in its consolidated net profit to Rs 4,265 crore…
Coal India Q2 results: State-run Coal India on Friday reported a 12.5 per cent rise in consolidated net profit to Rs 6,799.77 crore for the September quarter on account of higher sales. The company’s net profit stood at Rs 6,043.55 crore in the year-ago period, Coal India Ltd (CIL) said in a regulatory filing. Its…
Biocon Q2 results: Biotechnology major Biocon on Friday said its consolidated net profit rose an over two-fold to Rs 173 crore for the second quarter ended September 30, 2023. The company had reported a net profit of Rs 82 crore for the July-September period of the last fiscal. Biocon Q2 results: Total income rose to…
LIC Q2 results: LIC’s total income declined to Rs 2,01,587 crore in the latest September quarter, compared to Rs 2,22,215 crore in the year-ago period, it said State-owned insurer LIC on Friday reported a 50 per cent fall in net profit at Rs 7,925 crore for the quarter ended September 30, on lower income. The…
Read More “LIC Q2 results: Lower income affects LIC’s Q2 profits by 50%” »
Bharti Airtel Q2 result : Bharti Airtel on Tuesday reported a nearly 30 percent fall in consolidated net profit to Rs 2093.2 crore in the second quarter (July-September) of FY24, Rs 2,979 crore in the same quarter last year. On a sequential basis however, net profit rose 37 percent from the Rs. 1,520.2 crore registered…
Read More “Bharti Airtel Q2 result shows a decline in net profit of 30% to Rs 2,093 crore” »
TCS Q2FY24 results: IT major Tata Consultancy Services (TCS)’s net profit rose to Rs 11,342 crore in the second quarter of current financial year (Q2FY24), from Rs 10,431 crore a year earlier, the company said in a BSE filing. The company also announced a share buyback worth Rs 17,000 crore at Rs 4,150 per share….
Read More “TCS Q2FY24 results: Net profit rises 8.7%; buyback announced worth Rs 17,000 crore” »
Indian Metals The company’s revenues additionally trimmed to Rs 701.73 crore from Rs 743.42 crore in the 12 months-in the past sector Indian Metals & Ferro Alloys Ltd (IMFA) on Wednesday posted a 17.80 consistent with cent fall in its internet profit to Rs a hundred and ten crore inside the June 2023 area on…
Read More “Indian Metals & Ferro Alloys reports a 17.8% decline in Q1 net profit to Rs 110 crore” »
