NANDAN DENIM LTD Q2 RESULTS
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Byju’s-BCCI settlement in trouble; Ola Electric Q1 loss widens
In a setback for Byju’s, the Supreme Court has stayed the NCLAT's approval of its settlement with the BCCI. This and more in today’s ETtech Top 5.
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Arvind's Q1 Results: Net profit drops 40% YoY as inflationary pressures weigh
Arvind Ltd Q1 Results: Indian clothing retailer Arvind reported a 40% drop in first-quarter profit, with net profit falling to 393.1 million rupees. Revenue from operations dipped by 1%, and the core textile segment saw a 5% decline. Inflation and illegal workers' unrest contributed to lower consumer spending. The company's shares fell 2.8% post-results.
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Dr. LalPath Labs Q4 Reslts: Firm posts higher profit on healthy testing demand
Its shares climbed as much as 7.8% after the results before trimming some gains to trade up about 6%. Rival Metropolis Healthcare was up about 2% and Thyrocare Technologies gained about 1%.
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Infosys Q4 earnings; layoffs at Good Glamm group
India’s second-largest IT company Infosys posted upbeat results for the fourth quarter. More numbers in today’s ETtech Top 5.
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Arvind Q3 Results: Firm posts lower revenue for 5th quarter on tepid denim demand
Indian retailer Arvind Ltd posted on Tuesday a revenue drop for the fifth consecutive quarter, dampened by lacklustre prices of woven products and lower demand for denim.
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Raymond Q1 Results: Profit jumps on one-off gain from consumer business sale
In April, Raymond agreed to sell its consumer business Raymond Consumer Care including brands such as Park Avenue deodorant and Kamasutra condoms to Godrej Consumer Products for $345 million in a bid to turn debt-free.
Arvind Q1 Results: Profit drops as denim revenue falls
Indian cloth manufacturer Arvind reported a 33% YoY decline in quarterly profit due to falling revenue from its key denim segment. Despite expenses reducing, its consolidated net profit for the quarter ended 30 June fell to INR 658.7m ($8.04m) from INR 984.2m in the same period last year.
PE investment inflows into the Indian real estate stands at $704 million in Q2 2022
Due to the declining supply of structured credit into residential real estate, the mainstay of PE transactions has been leased office purchase which are high in volume and make the trend lumpier in certain quarters as is also evinced in the 32% QoQ decline.
Arvind Ltd Q1 results: Co posts net loss at Rs 11 cr
The company's revenue from operations jumped to Rs 1,439.43 crore in the latest quarter under review compared to Rs 599.28 crore in the same period a year ago.
Arvind Q4 results: Reports net profit of Rs 53 cr
Its revenue from operations stood at Rs 1,654.87 crore, marginally up as compared with Rs 1,641.56 crore in the year-ago period.
Arvind Fashions Q3 results: Net loss widens to Rs 67 cr; to raise Rs 200 cr via rights issue
In July, Walmart-owned Flipkart had picked up about 27% stake in AFL’s newly formed subsidiary Arvind Youth Brands which owns denim label Flying Machine.
Infosys Q3 takeaways: Stellar sales growth, record deal wins, digital services focus, and more
Analysts believe that the strong revenue guidance by the company should provide more legs to the stupendous rally of the stock in the past year.
Arvind Fashions Q2 results: Net loss widens to Rs 218 cr; revenue drops 56%
The casual wear and denim player reported a 56% drop in revenue in the second quarter at Rs 463.81 crore. A year ago, it had sales of Rs 1055.87 crore with net loss of Rs 45.57 crore.
HMVL Q1 results: Net falls 73.51% to Rs 10.28 crore
The company had posted a profit of Rs 38.81 crore in the April-June quarter of the preceding fiscal, Hindustan Media Ventures Ltd (HMVL) said in a BSE filing.
Arvind Fashions Q4 results: Firm reports net loss of Rs 208 crore
Revenue from operations fell 39.22 per cent to Rs 710.46 crore during the quarter
Infosys posts 28% QoQ drop in Q4 profit at Rs 3,690 cr; gives guidance for 6-8% CC revenue growth for FY19
The IT major had reported a net profit of Rs 5,129 crore in the December quarter.
Murthy vs Infosys: Company declares Q2 numbers, fails to answer Panaya questions
Infosys said FY18 revenue would grow at 5.5-6.5% in constant currency. The company had previously forecast growth of 6.5-8.5%.
Infosys beats profit estimates: 7 top takeaways
This was the first quarterly earnings after co-founder Nandan Nilekani returned to Infosys.
Won’t publish details of Panaya deal probe, no plan for review: Nandan Nilekani
Nilekani said there was no merit in the allegations of wrongdoing in Panaya acquisition.
Infosys shares trade flat ahead of Q2 results
According to Reliance Securities, Infosys may report revenue of Rs 17,560 crore in Q2FY18 over Rs 17,078 crore in Q1FY18.
Infy Q2 results: Analysts expect concrete guidance, stability
Murthy had also expressed concern over Rs 1,250 crore acquisition of Israel based IT firm Panaya based on anonymous letter, which alleged wrong doing in the deal.
Infosys to announce Q2 results on Oct 24
In a departure from its usual practice, Infosys has delayed the announcement of results by a couple of days.
With banking, retail in doldrums, Indian IT to post muted Q2 results
The banking vertical has been weak for many and structural challenges in retail will hamper growth,” Kawaljeet Saluja, analyst at Kotak Institutional Equities, said in a note.
Infosys delays Q2 earnings announcement to October 24
Large Indian IT firms like Infy and TCS usually announce their results in the first fortnight.
Sikka says all's well, but Infosys promoters lost over Rs 1,200 crore during March quarter
Nandan Nilekani, S Gopalakrishnan, SD Shibulal and K Dinesh saw wealth erosion by Rs 268 crore, Rs 307 crore, Rs 179 crore and Rs 118 crore, respectively.
Nandan Denim reports 30.5% jump in Q2 profit
Nandan Denim Limited (NDL) has reported a net profit of Rs.15.61 crore for the Q2 of FY 2015-16 as against Rs11.95 cr in the corresponding period of 2014-15, a rise of 30.5%.
5 textile companies that should be in your portfolio
ET Textile Index, which covers cos across the value chain, has given 90% returns in the past three years, while the Nifty has given 40% returns.
Investors guide: 5 textile companies that should be on your radar
There has been increasing interest in stocks of select textile companies -thanks to healthy capacity utilisation due to improved demand.
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