ON DOOR CONCEPTS LTD Q1 RESULTS
Bank of Baroda Q1 Results: Profit rises 9.5% to Rs 4,458 crore
Bank of Baroda (BoB) on Wednesday reported a 10 per cent increase in standalone net profit to Rs 4,458 crore in the June 2024 quarter, helped by a decline in bad loans. The state-owned bank had posted a net profit of Rs 4,070 crore in the year-ago period.
RITES board to consider bonus issue on July 31
RITES revealed its board would review the issuance of bonus shares, financial results for Q1 FY24-25, and an interim dividend in the meeting on July 31.
The big Indian IT reset: green shoots in Q1 earnings
K Krithivasan, chief executive and MD at TCS, said during the Q1 earnings call that BFSI, its biggest vertical, returned to growth sequentially, along with all its markets and verticals except for CMI (communication, media and information).
Confident of meeting overall guidance of 3-5% constant currency growth for the year: HCL CEO
The Q1 has typically been HCL's weakest margin quarter with the top line impacts which have also been seasonal in that sense and Q1 even in the previous two years has been around that 17%, which is where HCL landed up this quarter as well, says CFO Prateek Aggarwal. Typically, Q2 picks up to something like 18% and Q3 is the peak, which goes to 19% plus and then the Q4 again comes back to that same second-quarter level
HCLTech Q1 net profit up 6.8% at Rs 4,257 crore; beats estimates
HCLTech's profit rose 6.8% to Rs 4,257 crore, driven by $70 million non-core income. EBIT, revenue declined. TCS earnings boosted stocks. CEO Vijayakumar noted Q2 State Street impact, steady FY25 guidance. Dividend declared. Headcount fell by 8,080, Q3 margins to improve. $1.96 billion bookings, 200 GenAI concepts. CFO Prateek Aggarwal cited robust cash flow. Shares closed at Rs 1560.40.
France elections 2024 results: French PM Gabriel Attal offers resignation. Is Paris heading for political turmoil?
France elections 2024 results projections have predicted bad news for President Emmanuel Macron’s centrist alliance and the far right as left coalition is in the pole position.
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Best Lloyd Split ACs in India (May 2024) to help you Escape the Unbearable Heat
Explore the best in cooling comfort and innovation with Lloyd's range of split air conditioners. These air conditioners are designed to provide superior cooling, energy efficiency, and durability. Whether you are looking for an inverter model with adjustable cooling modes or a cost-effective fixed speed option, Lloyd has the perfect solution for every room size and budget. With features like advanced air filtration, turbo cooling, and eco-friendly refrigerants, the best Lloyd split ACs ensure a comfortable and healthy living environment.
RITES Q4 Results: Net profit marginally falls to Rs 137 crore
RITES Ltd reported a 1.59% decline in net profit to Rs 136.67 crore for the March quarter due to a decrease in revenues.
In a growing economy, new defensive sectors tend to emerge: 5 tiles and ceramic and home makers stocks with upside potential of up to 41%
Many times the word, defensive stocks is used on the street. Most of the time it is FMCG, pharma and others which are referred to as defensive stocks. The reason being that the demand for these companies is steady and is not impacted much even when there is any slowdown in an economy. The question is in an economy which is growing faster and new areas of consumption are coming up every second day, where the demand from being seasonal and cyclical has reached a stage where in all economic conditions it stays above single digit, shouldn't those also be considered as defensive and valued accordingly. Probably the Indian economy has reached a stage where the demand for tiles, ceramic and home building products, ex-cement has reached a level where in worst cases it will not go below a point.
GIFT Nifty rises 120 points; here's the trading setup for today's session
"We expect the market to consolidate in a broader range as the election polling progresses and the result season nears the end," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial
Green career path looks promising but remember that it is a nascent industry
The green job sector is rapidly expanding with numerous growth opportunities, but also presents challenges due to its nascent stage. Individuals must navigate issues like evolving landscapes, skill gaps, and market fluctuations. Strategies include pursuing relevant education, upskilling, leveraging AI, networking, and remaining adaptable to excel in this dynamic industry.
SoftBank seen returning to loss in Q4 despite tech stock strength
SoftBank Group anticipates losses despite Arm Holdings' success, with potential new growth investments. The soaring Arm share price, driven by AI, doesn't directly impact SoftBank's profit. Other listed assets showed mixed performance, influencing SoftBank's financial outlook.
DoorDash posts better-than-expected Q1 sales but shares fall on cost concerns
DoorDash said its net loss narrowed to $23 million in the first quarter, compared to a loss of $161 million in the same period a year ago. The loss, of 6 cents per share, was higher than the 3-cent loss Wall Street had forecast, according to analysts polled by FactSet. DoorDash said it increased both marketing expenses and research costs during the quarter.
Trent Q4 Results: Net profit surges five times to Rs 654 crore on exceptional income of Rs 543 crore
In its filing, Trent said that this exceptional income is because the company had entered into a substantial number of lease contracts for store operations. The company reassessed the estimates of assets and lease liabilities, which resulted in an exceptional gain for the quarter amounting to Rs 543.35 crore.
Trent Q4 Results: Net profit soars multifold to Rs 712 crore, dividend declared at Rs 3.2/share
Fashion and lifestyle player Trent on Monday reported a multifold jump in consolidated net profit at Rs 712 crore for the quarter ended March 31, 2024. The profit stood at Rs 45 crore in the corresponding quarter last fiscal.
Nestle India shares drop 2% after Q4 results. Buy, sell or hold?
Nestle India's share price fell 2% to Rs 2,511.60 after Q4 results. Standalone net profit rose 27% to Rs 934 crore, revenue increased 9% to Rs 5,268 crore. Brokerages hold mixed views on the stock.
10 Best Selling Haier Refrigerators in India in 2024
You will find the latest Haier refrigerator models in India for 2024 in this list, each featuring innovative features like frost-free technology, efficient inverter compressors, and versatile convertible modes. The article offers a detailed comparison of capacities, energy efficiency ratings, and warranty periods, tailored to suit households of all sizes and preferences and aimed at enhancing food preservation and energy savings.
10 Best Smart Door Locks in India for Easy Access Management (2024)
Upgrade your home security today with this list of the best smart door locks and enjoy the ultimate protection for your property. These innovative devices combine cutting-edge technology with advanced features to provide unparalleled protection for your home. From fingerprint recognition to remote access via mobile apps, these locks offer multiple unlocking methods for convenience and flexibility. With sturdy construction and easy installation, they seamlessly integrate into your existing door setup, enhancing both security and convenience.
Best-selling 4-star refrigerators of 2024 for energy-efficient cooling
Refrigerators are indispensable appliances in any household, ensuring food preservation and freshness. Best-selling 4-star refrigerator model prioritizes energy efficiency, saving costs while maintaining optimal cooling. This collection showcases diverse features like turbo cooling technology, spacious vegetable trays, and durable toughened glass shelves. Explore and find the perfect balance between performance, sustainability, and convenience for your kitchen needs.
Board exits at Paytm bank; Mamaearth’s Q3 profit up 265%
Shinjini Kumar, a former Bank of America and PricewaterhouseCoopers (PwC) executive, resigned from the payments bank’s board in December, we have learnt. Manju Agarwal, former deputy managing director at State Bank of India, has also quit.
RBI says Paytm’s non-compliance forced action; Zomato’s Q3 report card
Without naming a specific entity, RBI Governor Shaktikanta Das said the regulatory action was driven by a “lack of compliance”.
Trent Q3 Results: Cons PAT soars 124% YoY to Rs 374 crore, stock up 15%
Trent reports 124% YoY surge in net profit at Rs 374.36 crore for Q3FY24. Shares of Trent rise 15% to Rs 3,475. Company's Q3FY24 revenue reaches Rs 3,686 crore, up 50% YoY. Trent adds 5 Westside and 50 Zudio stores in 36 cities. Star business registers 26% revenue growth in Q3FY24.
Tata Tech Q3 results today: What will be the key watch outs for Dalal Street?
Tata Technologies Ltd is set to release its earnings for the December quarter today, marking its first earnings release since listing last month. The company reported strong earnings for the six months ended September, with consolidated revenue growing 34% YoY to Rs 2,527 crore and net profit growing 36% YoY to Rs 352 crore.
Shoppers Stop Q3 Results: Profit down 41% to Rs 36.85 crore, revenue up 8.8%
Shoppers Stop Q3 Results: The company had posted a net profit of Rs 62.74 crore in the October-December period a year ago, according to a company regulatory filing.
IndiGo CEO opens up about aircraft grounding challenges: Steps in place
“We have recently concluded induction of another 11 planes which are coming in one by one. Going forward, we continue on that track. Only in the month of December, we get three more ATR aircraft coming in, so that is helpful. We got new airbuses coming in and we are evaluating a further increase of leased aircraft going forward.”
‘The Couple Next Door’: Channel 4 & Starz Drop Trailer Starring Sam Heughan & Eleanor Tomlinson
“The Couple Next Door,” the new psychological drama series from British production company Channel 4 dropped its trailer today, exciting the audience. The new series stars Sam Heughan, Eleanor Tomlinson, Jessica De Gouw and Alfred Enoch who also acted in the “Harry Potter” movie franchise.
Asian Paints Q1 Results: Consolidated PAT soars 53% YoY to Rs 1,550 crore, beats estimates
Consolidated revenue from operations increased nearly 7% YoY to Rs 9,182.31 crore, but was lower than the estimated Rs 9,358 crore. The paint maker’s operating profit increased by 36.3% YoY to Rs 2,121.3 crore, with gross margins expanding a whopping 530 basis points (bps) in the quarter.
Shoppers Stop Q1 Results: Profit down 36% to Rs 14.5 crore
As per its latest annual report, the company operates 270 retail stores, including 98 departmental stores, 132 speciality beauty stores of MAC, Est e Lauder, Bobbi Brown, Clinique, Jo Malone, Too Faced, SS Beauty, and 23 Airport doors.
RIL Q1 results today: Expectations, key monitorables, how to trade the stock
RIL’s consolidated net profit for the quarter is likely to drop 10% year-on-year (YoY) to Rs 16,170 crore, according to the average of estimates given by 10 brokerages. Consolidated revenue is seen down 2% YoY at Rs 2.15 lakh crore.
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