JUNE QUARTER

In the first quarter of FY25, 73% of employers in India actively hired, a 7% increase from the previous quarter, according to the Indeed Hiring Tracker. The focus was on sales and marketing roles, which comprised 30% and 23% of new hires, respective...

Adani group's June quarter profit soared by more than 50%, aided by strong performances in its utility and infrastructure sectors. Net profit was Rs 10,279 crore, with the majority of EBITDA from these areas. Utility operations grew by 41.44%, while...

The National Statistical Office reported a drop in India's urban unemployment rate for those above 15 years to 6.6% in the April-June quarter FY25, down from 6.7% the previous quarter. Male unemployment decreased, while female joblessness rose to 9%...

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...

Reliance Power on Wednesday said its consolidate loss narrowed to Rs 97.85 crore during the June 2024 quarter, on account of improved income. It had reported a loss of Rs 296.31 crore in the April-June period of the preceding 2023-24 financial year,...

Piramal Enterprises experienced a 64% drop in its June quarter net profit, down to ₹181 crore from ₹509 crore a year earlier due to a prior one-off benefit. Core net interest income increased by 18% to ₹807 crore, although the net interest margin sh...

Inox Green Energy Services is a subsidiary of Inox Wind Limited (IWL) which is India's leading wind energy solutions provider catering to independent power producers, utilities, public sector units and corporate investors

Kennametal India saw an 8.3% rise in revenues, reaching Rs 302.4 crore for the June quarter, driven by the hard metal and machining solutions groups. Profit before tax climbed 48.7%.

Cochin Shipyard saw a 76.6% increase in net profit to Rs 174.23 crore for the June 2024 quarter, compared to Rs 98.65 crore a year earlier. Revenue from operations grew by 62% to Rs 771.47 crore.

Sony achieved a 10% increase in operating profit for April-June, driven by its image sensor business. This segment, vital to smartphone makers, saw profits triple. PlayStation 5 sales were down compared to last year, but gains in software sales help...

Power Finance Corporation (PFC) reported a 24% increase in net profit for the quarter ending June, reaching ₹3,718 crore. The company's interest income rose approximately 17% to ₹11,827 crore. Additionally, PFC's loan asset portfolio expanded by 10%...

Symphony Ltd announced June quarter results highlighting a buyback worth Rs 71.40 crore and an interim dividend of Rs 1 per share. The buyback involves up to 2,85,600 shares at Rs 2,500 each. Notably, the company's profit surged by 267% YoY to Rs 88...

Tamilnad Mercantile Bank saw a 10% rise in net profit for the June quarter, reaching Rs 287 crore compared to Rs 261 crore in the same period last year. Operating profit increased to Rs 469 crore, and gross non-performing assets decreased to 1.44%. ...

Dabur India reported an 8.27% rise in consolidated net profit to ₹494.35 crore for the June 2024 quarter, meeting analyst expectations. The company highlighted that rural demand outpaced urban demand by 350 basis points, even amid high food inflatio...

Operating profit at AMNS India – in which ArcelorMittal has a 60% equity interest – slipped by nearly three-fifth on year in the June quarter, weighed down by lower sales.

Nuvoco Vistas Corp, a leading producer of cement in east India, saw its consolidated net profit slump by more than 80% on year to 2.84 crore rupees in the June quarter, weighed down by lower volumes and weaker prices during the quarter.

Punjab National Bank saw a 159% rise in net profit to Rs 3,252 crore for the June 2024 quarter. Net interest income grew by 10% while total income increased by 12.5%. The GNPA ratio improved to 4.98%, and NNPA declined. The bank's global business an...

Finolex Industries, IEC Education, IFB Industries, J&K Bank, Jaiprakash Power, SBFC Finance, Vishal Fabrics, Spandana Sphoorty, Smruthi Organics, NTPC, Genus Power, Gujarat Cotex among others will also declare their June quarter results.

PVR Inox reported a net loss of Rs 179 crore for June 2024 quarter, down from Rs 82 crore in the same quarter of the previous year, with revenue at Rs 1,191 crore and an EBITDA loss of Rs 19.90 crore. Patron count was 3.04 crore with a average ticke...