PANKAJ POLYMERS LTD Q1 RESULTS
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Grasim Q1 Results: Firm reports Rs 52 cr standalone loss versus Rs 355 cr yr-ago profit
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 decrease. Grasim shares were up 1.17% to Rs 2,574.45 on NSE.
![NIIT Q1 Results: Profit rises to Rs 7.75 crore, revenue climbs 32% YoY to Rs 82.47 cr](https://img.etimg.com/thumb/msid-112229122,width-100,height-75,resizemode-4/markets/stocks/earnings/niit-q1-results-profit-rises-to-rs-7-75-crore-revenue-climbs-32-yoy-to-rs-82-47-cr.jpg)
NIIT Q1 Results: Profit rises to Rs 7.75 crore, revenue climbs 32% YoY to Rs 82.47 cr
Talent development company NIIT on Friday reported a three-fold rise in its consolidated net profits at Rs 7.75 crore in the June 2024 quarter. It had reported a net profit of Rs 2.18 crore in the year-ago period.
![HPCL Q1 Results: Standalone net profit plunges 94% YoY to Rs 356 crore, revenue up 1%](https://img.etimg.com/thumb/msid-112109456,width-100,height-75,resizemode-4/markets/stocks/earnings/hpcl-q1-results-standalone-net-profit-plunges-94-yoy-to-rs-rs-356-crore-revenue-rises-1.jpg)
HPCL Q1 Results: Standalone net profit plunges 94% YoY to Rs 356 crore, revenue up 1%
The state-owned fuel retailer had reported a net profit of Rs 6,203.9 crore in the corresponding quarter of the last financial year. Sequentially, PAT fell by 88%, missing market expectations. HPCL's EBITDA also decreased by 56% quarter-on-quarter to Rs 2,108 crore, with margins dropping 230 basis points to 1.9% from 4.2% in Q4 FY24.
![Petronet LNG Q1 results: Profit jumps 45% to Rs 1,142 crore, revenue up 15%](https://img.etimg.com/thumb/msid-111992252,width-100,height-75,resizemode-4/markets/stocks/news/petronet-lng-q1-results-profit-jumps-45-to-rs-1142-crore-revenue-up-15.jpg)
Petronet LNG Q1 results: Profit jumps 45% to Rs 1,142 crore, revenue up 15%
Petronet LNG (PLL) reported a 45% jump in the first quarter profit to Rs 1,142 crore as a scorching summer boosted capacity utilization of its import terminal, sending its shares up 5% on Wednesday.
![MRF to trade ex-dividend tomorrow, last chance for Rs 194 dividend eligibility](https://img.etimg.com/thumb/msid-111975854,width-100,height-75,resizemode-4/markets/stocks/news/mrf-to-trade-ex-dividend-tomorrow-last-chance-for-rs-194-dividend-eligibility.jpg)
MRF to trade ex-dividend tomorrow, last chance for Rs 194 dividend eligibility
MRF declared a Rs 194 Q4FY24 dividend per share and a total annual dividend of Rs 200 for FY24, with a July 25 record date. Shares closed at Rs 1,31,267.70 on BSE. Prior dividends include Rs 3 interim and Rs 169 final.
![Delta Corp Q1 Results: Profit falls 34% YoY to Rs 40.48 crore](https://img.etimg.com/thumb/msid-111611383,width-100,height-75,resizemode-4/markets/stocks/earnings/delta-corp-q1-results-profit-falls-34-yoy-to-rs-40-48-crore.jpg)
Delta Corp Q1 Results: Profit falls 34% YoY to Rs 40.48 crore
Delta Corp Q1 Results: Revenue from operations in the reporting period dropped 16% year-on-year to Rs 143 crore. Segment-wise, revenue from the gaming operations declined 16% year-on-year to Rs 130 crore for the quarter ended June. Meanwhile, hospitality revenues, too, were down to Rs 12 crore from Rs 14.91 crore in the last year period.
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Pankaj Pandey on 2 sectors that are likely to see strong Q1 earnings
Raymond specifically, we do not have a coverage. But I think you have very few stocks which can be bought at current levels in real estate given the price appreciation a lot of these stocks have seen. So, some bit of a time correction or price correction is what we are waiting for.
Midcaps stocks for long term investors: 5 stocks from different sectors with right financial & growth matrix and upside potential of up to 49%
Buying quality stocks should be one of the basic principles while investing in markets. But when one is buying mid-cap stocks this principle becomes even more important for multiple reasons. At this point of time, when valuations are high and small corrections can lead to strong negative reactions in stock prices. So, while capital gains is the objective, never lose the perspective of protecting capital from sudden shocks. Now how does one do it? Look at the underlying business which is best understood by going through its annual report and look at a certain basic ratio in order to figure out how much return that underlying business can generate in best and worst case.
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.
GAIL Q4 Results: Net profit triples on gas transmission business turnaround
State-owned gas utility GAIL (India) Ltd on Thursday reported more than tripling of its fourth quarter net profit after the natural gas transmission and petrochemical business saw a turnaround.
BASF India Q4 Results | Chemical maker profit jumps, shares hit record high
Chemicals maker BASF India on Tuesday posted a fourth-quarter profit that nearly doubled, helped by strong demand for its materials and agriculture solution businesses.
SRF Q4 Results: Firm posts fifth straight drop in quarterly profit
SRF Q4 Results: Indian chemicals and polymers maker SRF posted a drop in profit for the fifth quarter in a row on Tuesday, hurt by sustained weak demand in its mainstay chemicals business.
RIL Q4 results at a glance: Here's a quick guide on Reliance's telecom to retail numbers
RIL's net profit declined to Rs 18,951 crore in March 2024. The board approved a Rs 10 dividend per share for FY24. Jio's Q4 net profit increased, and retail revenue saw significant growth.
RIL Q4 Results: Net profit falls 2% YoY to Rs 18,951 crore, yet beats estimates
RIL Q4 Results: Reliance Industries reported a 2% fall in net profit to Rs 18,951 crore for the March 2024 quarter. Revenue from operations surged 11% to Rs 2.4 lakh crore, with strong growth in EBITDA and various business segments.
RIL Q4 results today: Key things to track & stock trading tips
RIL Q4 results today: Reliance Industries to announce Q4 results with expected revenue growth. Analysts predict strong retail and telecom segment performance. Stock consolidating pre-earnings, may rally with positive results, reaching Rs 3,070.
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.
Reliance Industries Q3 Results: Cons PAT rises 9% YoY to Rs 17,265 crore, tops estimates
Reliance Q3 Results: The profit figure was higher than an ETNow poll of Rs 16,944 crore. Consolidated revenue from operations rose 3.6% YoY to Rs 2.28 lakh crore, a tad lower than the estimated Rs 2.36 lakh crore. EBITDA grew nearly 17% YoY to Rs 44,678 crore, led by growth across all business segments.
Pankaj Pandey on his top 3 midcap and smallcap picks for 2024
Pankaj Pandey says: “Power as a space is looking quite good for the next five-seven year perspective and our sense is that the government focus will come back once the elections are out. So a lot of triggers are in placer for this sector to keep doing well. NTPC has already achieved a target price post result we will look at reviewing our target prices but NTPC remains top pick.”
Grasim Industries Q2 Results: Profit rises 15% YoY to Rs 1,164 crore
Revenue from operations in the reporting period rose 10% to Rs 30,221 crore against Rs 27,486 crore in the corresponding period of the previous year. The revenue growth was driven by the performance of key subsidiaries -- UltraTech Cement and Aditya Birla Capital. However, softening of realisations in Caustic Soda impacted the standalone performance.
Supreme Industries posts three-fold jump in net profit at Rs 243 crore in Q2
Supreme Industries Managing Director M P Taparia said: "Polymer prices remained range-bound during the quarter but witnessed a sharp downward trend during 1st fortnight of October, affecting business sentiments. Now the prices have started stabilising and business activities have started picking up."
Top 5 Fast Charging Power Bank for the superfast charging experience
A Fast Charging Power Bank is a convenient and efficient device that enables users to charge their electronic devices quickly and efficiently while on the move. Its high-speed capabilities enable users to extend the life of their smartphones, tablets, and other electronic devices, enabling them to remain connected and powered all day long. Its small size and lightweight construction make it easy to carry around, making it a must-have accessory for anyone who is constantly on the move.
Medanta Q1 Results: Net profit soars 74% YoY to Rs 102 crore
The earnings before interest, tax, depreciation and ammortisation (EBITDA) rose 40.7% YoY to Rs 199 crore. The EBITDA margins expanded 250 basis points YoY to 25.1%
Pankaj Sharma resigns as Chief Operations Officer of RBL Bank
RBL Bank's Chief Operations Officer, Pankaj Sharma, will be resigning from his position and will be replaced by Alok Rastogi as Head of Corporate Centre. The bank announced that Sharma's resignation is effective from September 20, 2023, and mentioned the appointment of Rastogi, who will handle the Operations function along with other responsibilities.
Essar Oil & Gas Exploration posts Rs 335 crore profit after tax for FY23
Ebitda grew over 205% on a year-on-year basis to approximately Rs 700 crores. "Ebitda margin saw a significant improvement of around 3100 basis points, reaching 77%, due to reduced operating costs and internal consumption," the company said in a press statement.
Q1 results this week: TCS, HCL Tech, Wipro, Avenue Supermarts, Angel One and others
The June quarter earnings are seen to be weaker than expected amid uncertain and global environment and a slowdown in discretionary spending by clients
Uflex Q4 Results: Profit falls to Rs 83 lakh, revenue down 14% to Rs 3,320 crore
Packaging material manufacturer Uflex reported a 99.7% decline in its consolidated net profit to INR 0.83 crore for Q4 2022, due to currency exchange losses, compared to last year. Revenue from operations was down 14% to INR 3,320.18 crore for the same period. For the financial year ended March 2023, Uflex's net profit fell 56.27% to INR 480.76 crore. Uflex's CFO Rajesh Bhatia explains that this was due to currency devaluation in Egypt and currency exchange loss on account of the US dollar strength against other currencies.
RIL Q3 Results: Profit slumps 15% YoY to Rs 15,792 crore, misses estimates
RIL’s consolidated operating profit, calculated as earnings before interest, taxes, depreciation and amortization (EBITDA), rose 13.5% on year to Rs 38,460 crore. This is higher than ET Now poll of Rs 33,742 crore.
Is Dalal Street headed for an earnings recession? Analysts decode
Analysts said operating margins for select pockets may come under pressure, as not all companies would be able to pass on the entire cost burden to consumers. Then, there is competition and also certain policies aimed at restricting inflation, which may hurt certain sectors in the short term, they said.
Corporate Radar: Balaji Amines turns ex-dividend; Gammon India Q4 results; stock splits and more
Today is the record date for Baid Leasing and Finance Company to ascertain the eligibility of shareholders entitled to issue bonus shares of the company in the proportion of 1:1.
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