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    ORISSA BENGAL CARRIER LTD Q2 RESULTS

    RVNL among India Inc's unlucky 13 with over 25% drop in both sales, profit in Q1

    To maintain a premium valuation, a stock must demonstrate strong earnings growth and a positive future outlook. However, the June quarter results revealed that several prominent companies, including popular retail multibaggers, fell short in terms of earnings. ETMarkets reviewed companies with an m-cap of at least Rs 5,000 crore and identified 13 entities that reported at least a 25% YoY decline in sales and profit.

    SpiceJet Q1 Results: Profit falls 20% YoY to Rs 158 crore, revenue down 15%

    SpiceJet Q1 Results: Budget carrier SpiceJet Ltd reported 20% decline in its consolidated net profit at Rs 158 crore in the first quarter ended June 2024. The same stood at Rs 198 crore in the last year period.

    Berger Paints Q1 Results: Net profit falls marginally YoY to Rs 354 crore even as India volumes grow 12%

    At a standalone level, the paint-maker’s sales rose 2.4% on year to Rs 2,806.3 crore, but net profit declined by more than 6% to Rs 305.5 crore. Berger Paints, which is among the largest paint-makers in the country, improved its market share to 20.9% during the quarter, up from 19.7% in the previous fiscal.

    Indus Towers Q1 Results: Net profit up 43%, to buy back shares worth Rs 2,640 cr

    Indus Towers reported a 43% rise in net profit to Rs 1,926 crore for its fiscal first quarter, mainly due to tower additions from Bharti Airtel’s 5G rollout and overdue collections from Vodafone Idea. Quarterly revenue increased 4.3% to Rs 7,383 crore. The company also approved a share buyback program worth Rs 2,640 crore.

    RIL Q1 Scorecard: 5 key takeaways for investors

    Reliance's net profit for the quarter was Rs 15,138 crore, falling 5% year-on-year and missing estimates, primarily due to weak refining margins, fuel cracks, and higher depreciation costs. However, revenue from operations grew by 12% YoY, driven by higher oil and product prices and strong volume growth in the oil and gas segment.

    SpiceJet shares surge over 7% on reporting consolidated profit in Q4

    SpiceJet shares surged 7% on Tuesday, reaching Rs 60, following the airline's Q4 profit announcement of Rs 127 crore. This marked a turnaround from losses of Rs 6.2 crore and Rs 299 crore in the March and December 2023 quarters, respectively. On a standalone basis, the low-cost carrier reported a sixfold surge in net profit to Rs 119 crore in the fourth quarter

    The Economic Times
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