AMBUJA CEMENTS LTD Q1 RESULTS

14 companies with market capitalization exceeding Rs 2,500 crore demonstrated exceptional performance in Q1 2024, doubling their sales and profits. Top performers included Spright Agro and Diamond Power Infrastructure. The broader market saw mixed r...

In the June 2024 quarter, India's industry saw modest growth with a 9.4% net profit increase, mainly due to lower refining and marketing margins in the oil and gas sector. Banking and finance sectors performed well with significant revenue growth. T...

The flagship company of the Aditya Birla launched its paints operations ‘Birla Opus’ towards the end of the March quarter, and April-June was its first quarter of full operations. The company has spent Rs 7,795 crore on its paints business as of Jun...

Grasim experienced a Rs 52.12 crore standalone loss in the June 2024 quarter, falling from a Rs 355 crore profit a year ago. Revenue grew 11% YoY to Rs 6,894 crore, driven by its diversified businesses. However, the chemicals segment saw a revenue d...

Shree Cement faced a 4% drop in shares as it posted a 51% decrease in net profit for the June quarter, down to Rs 278.6 crore. Revenues saw a slight increase to Rs 5,123.9 crore, but higher expenses offset gains. Brokerages had varied opinions, noti...

Shree Cement Q1 Results: During the first quarter of the 2025 fiscal year, the company reported a 1.75% increase in revenue from operations, reaching Rs 5,123.9 crore compared to Rs 5,035.6 crore in the same period last year. Total expenses also ros...

During the first quarter earnings season, 132 companies, including PFC and Tata Power, were scheduled to announce their financial results. Vedanta's net profit was expected to range between Rs 2,197-3,060 crore, with revenue estimates between Rs 35,...

Power Finance Corp, Vedanta, Tata Power, Britannia Industries, TVS Motor, Bosch, Shree Cement, Solar Industries, Lupin, Linde India, PB Fintech, PI Industries, Berger Paints, Gujarat Gas, and others will announce their June quarter results.

Dipan Mehta of Elixir Equities discussed the outlook for the auto and cement industries, noting potential slowdowns and increased competition. He commented on recent developments in speculative trading regulations, the pharma sector, and the perform...

Ambuja Cements saw an 11.5% drop in standalone profit to Rs 571 crore for the June quarter. Revenue decreased 4.5% to Rs 4,516 crore. Operating EBITDA fell to Rs 646 crore, and EBITDA margin dropped to 14.3%. Sales volume grew by 3%, and kiln fuel c...

Q1 results today: In the first quarter earnings season, 115 companies announced results, including Maruti, M&M, Coal India, Adani Power, Tata Steel, Ambuja, and Bank of Baroda. M&M and Maruti expected mixed revenue and profit changes, while Tata Ste...

Q1 Results Today 29 July 2024: Apollo Pipes, ASK Automotive, Bharat Electronics, Colgate Palmolive, CSB Bank, Elnet Technologies, Fredun Pharmaceuticals, Ideaforge Technologies, Indian Bank, NDTV, Pfizer India, Whirlpool, Wonderla Holidays among oth...

Markets remain steady before Union Budget with anticipated volatility. Oil prices decline for third consecutive day due to oversupply worries and subdued demand. Rupee hits record low against US dollar as Asian currencies weaken. Keep an eye on Q1 r...

Ahead of the budget, Indian markets fell. Sensex dropped 355 points, Nifty50 by 148 points. Reliance fell 2.5% from lower fuel margins; HDFC Bank, the country's top private lender, rose 1% after beating profit forecasts; Wipro dropped 8% due to weak...

JK Cement Ltd's Q1 FY25 net profit rose 67% to Rs 184.82 crore from Rs 110.73 crore a year ago. Revenue from operations climbed 1.62% to Rs 2,807.57 crore, while total income hit Rs 2,852.31 crore. Total expenses held steady at Rs 2,579.14 crore in ...

HDFC Bank's Q1 FY25 financial results are likely to be less impressive than the previous quarter, primarily due to slower deposit growth. The merger with HDFC Ltd. makes year-over-year comparisons irrelevant. Loan growth is also expected to moderate...

The revenue from operations stood at Rs 18,070 crore, which represents a 2% increase compared to Rs 17,737 crore reported by the company in the corresponding quarter of the last financial year. On a sequential basis, the cons PAT was down by 25% ove...

Cement makers have not been able to raise prices in any of the months since November 2023. It has prompted them to focus on volume growth, which is likely to increase the competitive intensity.

The cement sector experienced a modest 2-3 per cent growth in Q1 due to a slowdown in construction during the Lok Sabha polls, but FY2024-25 is expected to see a 7-8 per cent increase driven by infrastructure and housing demand. Top players are set ...