JUNE QUARTER
![How LIC rejigged its portfolio in June quarter](https://img.etimg.com/thumb/msid-102452995,width-100,height-75,resizemode-4/markets/stocks/news/how-lic-rejigged-its-portfolio-in-june-quarter.jpg)
How LIC rejigged its portfolio in June quarter
India's biggest domestic investor Life Insurance Corporation of India, has increased stakes across sectors like metals, chemicals, IT, consumption, and energy in the June quarter. Market data shows LIC ownership went up in at least 40 stocks while it trimmed holdings in 75 counters. How LIC rejigged its...
![Bajaj Finance Q1 profit surges 159% YoY to Rs 2,596 crore](https://img.etimg.com/thumb/msid-93165590,width-100,height-75,resizemode-4/markets/stocks/earnings/bajaj-finance-q1-profit-surges-159-yoy-to-rs-2596-crore.jpg)
Bajaj Finance Q1 profit surges 159% YoY to Rs 2,596 crore
Bajaj Finance on Wednesday reported a 159 per cent year-on-year (YoY) rise in consolidated net profit at Rs 2,596 crore, its highest ever, for the June quarter compared with Rs 1,002 crore in the same quarter last year. The figure was higher than Rs 2,327 crore net profit that analysts had pr...
![Mindtree Q1 Results: Net profit up 37% at Rs 471.6 crore in April-June](https://img.etimg.com/thumb/msid-92853797,width-100,height-75,resizemode-4/markets/stocks/news/mindtree-results-net-profit-up-37-at-rs-471-6-crore-in-april-june.jpg)
Mindtree Q1 Results: Net profit up 37% at Rs 471.6 crore in April-June
IT company Mindtree on Wednesday posted a 37.3 per cent rise in net profit at Rs 471.6 crore for the three months ended on June 30, 2022. The company had reported a net profit of Rs 343.4 crore in the corresponding quarter of the previous fiscal. ET NOW's Anisha Jain decodes the ...
![Youth unemployment in urban India rose to 26% in Q1 FY21](https://img.etimg.com/thumb/msid-90291842,width-100,height-75,resizemode-4/news/economy/indicators/youth-unemployment-in-urban-india-rose-to-26-in-q1-fy21.jpg)
Youth unemployment in urban India rose to 26% in Q1 FY21
According to the latest data released by Govt, youth unemployment in urban areas across India spiked to nearly 26% during April to June quarter in 2021. Avni Raja breaks down this data. Listen in.Youth unemployment in urban India rose to 26% in Q1 FY21
![Bharti Airtel Q1 results: Net loss widens to Rs 15,933 cr](https://img.etimg.com/thumb/msid-77245391,width-100,height-75,resizemode-4/markets/stocks/earnings/bharti-airtel-q1-results-net-loss-widens-to-rs-15933-cr.jpg)
Bharti Airtel Q1 results: Net loss widens to Rs 15,933 cr
Telecom operator Bharti Airtel on Wednesday reported substantial widening of losses to Rs 15,933 crore for June quarter, mainly on account of provisioning for statutory dues. The loss for the corresponding period last year stood at Rs 2,866 crore. The revenue for Q1 FY21 came in at Rs 23,939 ...
![IndiGo reports net loss of Rs 2,844 cr in Q1FY21; revenue plunges 92%](https://img.etimg.com/thumb/msid-77244538,width-100,height-75,resizemode-4/markets/stocks/earnings/indigo-reports-net-loss-of-rs-2844-cr-in-q1fy21-revenue-plunges-92.jpg)
IndiGo reports net loss of Rs 2,844 cr in Q1FY21; revenue plunges 92%
InterGlobe Aviation, IndiGo’s parent firm, on Wednesday posted a net loss at Rs 2,844.3 crore for the quarter ended June 30. It had posted a net profit of Rs 1,203.1 crore in the corresponding quarter last year. Revenue from operations plunged 91.9 per cent YoY to Rs 766.7 crore d...
YES Bank Q1 net profit plunges 60% YoY to Rs 45 crore; total provisions at Rs 1,087 crore
YES Bank on Tuesday reported a 60.05 per cent year-on-year (YoY) fall in net profit at Rs 45.44 crore for the quarter ended June 30. The lender had posted a net profit of Rs 113.76 crore in the corresponding quarter last year. The total provisions for Q1FY21 st
Tech Mahindra Q1 profit flat at Rs 972 crore, revenue rises 5% YoY
Tech Mahindra on Monday reported a flat 1.36 per cent year-on-year (YoY) rise in net profit at Rs 972.30 crore for the quarter ended June 30. It had posted a net profit of Rs 959.30 crore in the corresponding quarter last year.Tech Mahindra Q1 profit flat at Rs 972 crore, revenue ris
Bajaj Auto Q1: Profit falls 53% YoY to Rs 528 crore
Bajaj Auto on Wednesday reported a 53.1 percent year-on-year (YoY) fall in net profit at Rs 528 crore for the June quarter compared with Rs 1,125.67 crore in the same quarter last year. Analysts in an ET NOW poll had projected the profit figure at Rs Rs 535 crore.Bajaj Auto Q1: Profit falls 53% YoY
TCS Q1 earnings: Net profit falls 13.8% YoY to Rs 7,008 cr
The country's largest software services firm Tata Consultancy Services (TCS) on Thursday reported a 13.8 per cent decline in consolidated net profit at Rs 7,008 crore in the three months ended June. It had a consolidated net profit of Rs 8,131 crore in the year-ago period, according to a reg
Wipro ups IT services revenue guidance to 8-10 per cent in June 2021 quarter
Wipro on Friday revised upwards its IT services revenue outlook to 8-10 per cent sequential growth in the June 2021 quarter, following the completion of its USD 1.45 billion buyout of Capco.Wipro ups IT services revenue guidance to 8-10 per cent in June 2021 quarter
Wipro reports flat Q1 net income at Rs 2,390 crore; still beats Street estimates
IT major Wipro on Tuesday reported 0.1 per cent year-on-year increase in its net income at Rs 2,390 crore for the April to June quarter as compared to Rs 2,387 crore in the year-ago period. Gross revenue rose by 1.3 per cent year-on-year in Q1 FY21 to Rs 14,910 crore. S
UPL Q1 profit up 6%
UPL Limited reported its Q1 numbers on Tuesday: June-quarter consolidated net profit stands at Rs 5.10 bn versus profit of Rs 4.73 bn last year; consolidated revenue from operations at Rs 41.34 bn versus Rs 38.51 bn last year. (Text: Reuters)UPL Q1 profit up 6%
Reliance Jio Q1 net profit up 20% to Rs 612 cr
Telecom major Reliance Jio on Friday reported a 19.9 per cent growth in net profit at Rs 612 crore for April-June 2018 over the previous quarter, and said its strong first quarter performance is "despite competitive intensity". The company had registered a net profit of Rs 510 crore in the January-March
India's current account surplus rises to $19.8 billion in June quarter
The country's current account surplus rose to $19.8 billion or 3.9 per cent of GDP in the June quarter as merchandise imports declined amid the COVID-19 pandemic, the Reserve Bank said on Wednesday. The current account surplus stood at $0.6 billion or 0.1 per cent of GDP in the M
Gross tax collection falls 31% so far in June quarter
Gross tax collection fell 31 per cent till June 15 of the current fiscal, with advance corporate tax mop-up declining 79 per cent, an official said on Tuesday.Gross tax collection falls 31% so far in June quarter
Q1 earnings preview: The quarter of revival?
With the June-quarter earnings season kicking off tomorrow, here's what to expect from the numbers this time.Q1 earnings preview: The quarter of revival?
SpiceJet Q1 net loss at Rs 38.06 crore
Budget carrier SpiceJet posted a net loss of Rs 38.06 crore in June quarter, on higher fuel cost, weak rupee and a one-time provisioning of Rs 63.5 crore. The Gurugram-based no-frills airline had posted a net profit of Rs 175.2 crore in the same period last year. Its net income rose 20 per cent to 2,277.80 cror
Sun Pharma posts Q1 net profit of Rs 982.51 crore
Sun Pharmaceutical Industries on Tuesday reported a consolidated net profit of Rs 982.51 crore for the quarter ended June 30, 2018. The company had posted a net loss of Rs 424.92 crore for the corresponding period of 2017-18, Sun Pharma said in a filing to BSE. Consolidated total revenue from operati
HPCL Q1 profit up 86% at Rs 1719 crore; beats estimates
Hindustan Petroleum Corp posted an 86 per cent jump in first-quarter profit on Wednesday, beating analysts' expectations, driven by strong refining margins. The state-controlled company said net profit jumped to Rs 17.19 billion ($250.50 million) in the three months ended June 30, from Rs 9.25
PNB posts Q1 net loss of Rs 940 cr on rise in provisioning
Punjab National Bank suffered a net loss of Rs 940 crore in April-June 2018 due to higher provisioning for the multi-crore Nirav Modi scam and NPAs despite a recovery of Rs 8,445 crore of bad loans. The state-owned bank had earned a profit of Rs 343.40 crore in the year-ago period. The bank
Vedanta posts Q1 profit at Rs 1,533 crore
Metals and mining giant Vedanta on Tuesday posted nearly flat consolidated net profit at Rs 1,533 crore, up barely 2.13 per cent, for the first quarter ended June 30, 2018-19. It had posted net profit of Rs 1,501 crore in the April-June period of 2017-18, Vedanta Ltd said in a filing to BSE. The net profit i
Tata Motors reports net loss of Rs 1,862 cr in Q1
Tata Motors on Tuesday reported a consolidated net loss of Rs 1,862.57 crore for the quarter ended June 30, 2018. The company had reported a net profit of Rs 3,199.93 crore in the April-June quarter of 2017-18. Total revenue from operations however rose to Rs 67,081.29 crore as compared with Rs 59,81
HDFC Q1 net profit jumps 54% to Rs 2,190 cr, income up 20% at Rs 9,952 cr
HDFC Ltd today reported 54 per cent jump in standalone net profit to Rs 2,190 crore for the first quarter ended June, 2018-19. The mortgage lender had registered a net profit of Rs 1,424.47 crore in the April-June quarter of last fiscal, 2017-18. (PTI)HDFC Q1 net profit jumps
HCL Tech on track to increase revenues to 40% from Mode 2, Mode 3: Vijayakumar
"In next two to three years, we want to get 40% of our revenues from Mode 2 and 3 and I think we are pretty much on track. Strategies are working well, especially in Mode 2. We are seeing a lot of interest in very large clients. A lot of them who had multiple providers fo
HCL Tech reports Q1 net profit of 2,431 cr; overtakes Wipro to become India's third-largest IT firm
HCL Technologies on Friday reported a 10 per cent rise in consolidated net profit at Rs 2,431 crore for the June quarter and toppled Wipro to become India's third-largest IT firm in terms of dollar revenue. The Noida-based company, which had posted a
ICICI Bank reports standalone net loss of Rs 120 crore in Q1
Private lender ICICI Bank on Friday reported a net loss of Rs 120 crore on a standalone basis for the first quarter of 2018-19 due to additional provisions on existing non-performing assets (NPAs). The lender had reported a net profit of Rs 2,049 crore during the corresponding period of th
TCS Q1 net profit jumps 23%, beats estimates
India's biggest software services exporter, Tata Consultancy Services, posted a better-than-expected rise of about 23.46 per cent in first-quarter net profit, helped by strong growth in its banking, financial services and insurance division. The Mumbai-headquartered company posted a net profit of 73.40 bi
Sensex drops 200 points, Nifty slips below 11,500 ahead of June quarter earnings season
OPENING BELL: Sensex drops 200 pts, Nifty slips below 11,500; Titan plunges 8%, REC 6%Sensex drops 200 points, Nifty slips below 11,500 ahead of June quarter earnings season
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