PREMCO GLOBAL LTD Q4 RESULTS
![Q1 results shocker: 40 companies report more than 50% drop in profit](https://img.etimg.com/thumb/msid-112727284,width-100,height-75,resizemode-4/markets/stocks/earnings/q1-results-shocker-40-companies-report-more-than-50-drop-in-profit.jpg)
Q1 results shocker: 40 companies report more than 50% drop in profit
The profits of 40 Indian companies have plummeted by more than 50% in the June quarter, primarily due to higher raw material costs and unfavorable base effects. Notable names like Allcargo Logistics and Rajesh Exports saw drastic declines. Analysts suggest cautious investment strategies amid high market valuations and slowing profit growth.
![LIC plays the price game for growth, margins take a back seat, for now](https://img.etimg.com/thumb/msid-112616859,width-100,height-75,resizemode-4/markets/stocks/earnings/lic-plays-the-price-game-for-growth-margins-take-a-back-seat-for-now.jpg)
LIC plays the price game for growth, margins take a back seat, for now
LIC, India's largest insurance provider, shifted its growth strategy, focusing on expansion over margins. In Q1 FY25, it reported a 24% rise in value of new business due to a 21% increase in annualized premium equivalent. This strategy led to a rise in non-par segment premiums but a decline in overall margins.
![FII selloff hits Rs 30,000 crore since Budget but why aren't alarm bells ringing?](https://img.etimg.com/thumb/msid-112557018,width-100,height-75,resizemode-4/markets/stocks/news/fii-selloff-hits-rs-30000-crore-since-budget-but-why-arent-alarm-bells-ringing.jpg)
FII selloff hits Rs 30,000 crore since Budget but why aren't alarm bells ringing?
FIIs have sold Indian stocks worth Rs 30,000 crore since the Budget due to high valuations and global economic concerns. Despite the sell-off, Indian markets remained resilient due to strong domestic investor support. Analysts expect FII behavior to improve by November as key global economic conditions stabilize.
![Apollo Hospitals shares rise 4% after reporting 83% YoY jump in Q1 PAT. Should you buy?](https://img.etimg.com/thumb/msid-112516848,width-100,height-75,resizemode-4/markets/stocks/news/apollo-hospitals-shares-rise-4-after-reporting-83-yoy-jump-in-q1-pat-should-you-buy.jpg)
Apollo Hospitals shares rise 4% after reporting 83% YoY jump in Q1 PAT. Should you buy?
Apollo Hospitals Share Price: Apollo Hospitals' stock saw a 4.2% increase after reporting a Q1 FY25 net profit of Rs 305 crore, up from Rs 167 crore last year. Revenue grew by 15% to Rs 5,086 crore. Several brokerage firms maintained positive ratings, highlighting improvements in occupancy and revenue segments.
![Nykaa Q1 Results: Cons PAT soars 152% YoY to Rs 13.64 crore, revenue jumps 23%](https://img.etimg.com/thumb/msid-112494496,width-100,height-75,resizemode-4/markets/stocks/earnings/nykaa-q1-results-cons-pat-jumps-152-yoy-to-rs-13-64-crore-revenue-up-23.jpg)
Nykaa Q1 Results: Cons PAT soars 152% YoY to Rs 13.64 crore, revenue jumps 23%
Nykaa Q1 Results: FSN E-Commerce Ventures, the company behind Nykaa, announced a consolidated net profit of Rs 13.64 crore for the quarter ended June 30, 2024, marking a 152% increase from last year. Revenue rose to Rs 1,746.11 crore, up 23%.
![Q1 results this week: HAL, Ola Electric, Vodafone Idea, IRFC, and Nykaa among 85 companies to announce quarterly earnings](https://img.etimg.com/thumb/msid-112441779,width-100,height-75,resizemode-4/markets/stocks/news/q1-results-this-week-hal-ola-electric-vodafone-idea-irfc-and-nykaa-among-85-companies-to-announce-quarterly-earnings.jpg)
Q1 results this week: HAL, Ola Electric, Vodafone Idea, IRFC, and Nykaa among 85 companies to announce quarterly earnings
Several widely followed companies, including Vodafone Idea, Hindustan Aeronautics (HAL), Mazagon Dock, Hero MotoCorp, IRFC, IRCTC, HUDCO, Apollo Hospitals, Samvardhana Motherson, GMR Airports Infrastructure, Nykaa, and Ola Electric will be releasing their June quarter report cards this week. Here’s the list:
- Go To Page 1
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.
Q1 results today: LIC, RVNL, GRSE, MRF among 225 companies to announce earnings on Thursday
The initial quarter earnings season began with 225 companies, including LIC, Eicher Motors, RVNL, and SAIL, reporting their financial performance. Eicher Motors was expected to achieve a significant profit range, while LIC was projected to see a notable increase in its annual premium equivalent and value of new business on a yearly basis.
Signature Global Q1 Results: Realty firm posts Rs 7 cr profit against loss YoY
"Continuing with the momentum achieved in FY24, the company reported another stellar performance for the first quarter of FY25. Our operational performance is a testimony of our steadfast commitment to delivering quality products & services to our customers ensuring sustainable profitability and long-term value for all stakeholders," Pradeep Kumar Aggarwal, Chairman and WholeTime Director, said.
Lupin shares surge 6%, hit 52-week high post robust Q1 result
Lupin Share Price: Lupin's shares jumped 6% to a 52-week high after the company announced a 77.2% increase in net profit for the June quarter of FY25. The firm's net profit was Rs 801.3 crore, and revenue rose 16.3% to Rs 5,600.3 crore. Nomura maintained a 'Buy' rating, forecasting continued growth.
BoI posts 10% YoY rise in Q1 net profit
Net Interest Income (NII), or the difference between the income earned on lending and cost of borrowing, increased 6% from a year ago to ₹6,275.8 crore, the bank said on Saturday.
Q1 Results Today: SBI among 41 companies to announce earnings on Saturday
State Bank of India, India's largest public sector bank, is expected to report a slight decrease in profits for the first quarter of 2024 due to increased provisions, despite a projected 10% growth in net interest income.
Maruti Suzuki shares climb 4% to hit 52-week high on strong Q1 performance. Should you buy, sell or hold?
Maruti Suzuki Shares Price: Maruti Suzuki’s shares surged 4% to a 52-week high of Rs 13,675 on Thursday, following strong Q1 FY24 earnings. The company reported a 46.9% YoY increase in standalone profit to Rs 3,650 crore, exceeding estimates. However, Q1 revenue rose 9.82% YoY to Rs 33,875 crore, missing the estimate.
Bajaj Finance shares fall by over 2% as Q1 results fail to impress. Should you invest?
Bajaj Finance reports a 14% YoY increase in net profit but falls short of Street estimates. Brokerages have mixed views on the first quarter results, with concerns over credit costs and growth prospects.
Lower fuel cracks, tepid global demand and new refineries impacted Reliance's core O2C business: Mukesh Ambani
Reliance Industries' Q1 profit dropped to Rs 15,138 crore, a 5% year-on-year and 20% quarter-on-quarter decline from March's Rs 18,951 crore. The O2C segment experienced a 14.3% EBITDA fall due to lower fuel and petrochemical margins. Petrol margins decreased by 30%, depreciation was Rs 13,596 crore, and finance costs rose despite telecom and retail gains.
Sterling & Wilson Renewable Q1 Results: Net profit at Rs 4.83 crore vs loss a year ago
"With a robust project pipeline and strong balance sheet, we are confident of tapping the huge growth and are well-positioned to continue this upward trajectory and deliver enhanced value to all our stakeholders," Global CEO Amit Jain said.
HCL Tech shares surge 4% on Q1 profit beat. Time to hold or buy?
HCL Technologies reports a 20% YoY growth in net profit, reaching Rs 4,257 crore for the quarter ended June 2024. Brokerages maintain positive views on the stock with target prices ranging from Rs 1,720 to Rs 1,850.
Tata Motors Q1 Update: Global wholesales rise 2% YoY to 3.29 lakh units
In Q1 FY25, global wholesales of Tata Motors' passenger vehicles totaled 138,682 units, a 1% decrease compared to Q1 FY24. Global wholesales of all commercial vehicles and Tata Daewoo range in Q1 FY25 totaled 93,410 units.
Senco Gold Q4 Results: PAT rises 24% YoY to Rs 32 crore; revenue jumps 40%
Senco Gold, a listed jewellery company, experienced a significant boost in its net profit during the fourth quarter of FY24, thanks to the surge in gold prices. The net profit increased by 23.6%, reaching Rs 32.17 crore compared to Rs 26.03 crore in the fourth quarter of FY23.
Honasa shares surge 7% after reporting Rs 30 crore profit in Q4. Should you buy, sell or hold?
Honasa Consumer, the parent company of Mamaearth, saw its shares surge by 7% during Friday's trading session on the BSE, reaching a peak of Rs 447.70. This increase followed the announcement of a net profit of Rs 30.4 crore for the quarter ending March 2024, a significant improvement compared to the Rs 161.7 crore loss reported in the same quarter last year.
Grasim Q4 Results: Net profit jumps 39% YoY to Rs 1,908 crore; revenue rises 13%
Grasim Q4 Results: The net profit stood at Rs 1,369 crore in the last year quarter. Revenue from operations increased 13% year-on-year to Rs 37,727 crore in the reporting period, compared with Rs 4,873 crore in the corresponding period of previous year.
Sun Pharma Q4 Results: Profit jumps 34% YoY to Rs 2,654 crore, meets Street estimates
Sun Pharma Q4 Results: The company's revenue rose 10% year-on-year to Rs 11,983 crore in the reporting quarter. It was Rs 10,931 crore a year ago. Its board has approved a final dividend of Rs 5 per share, which will be paid within the prescribed timeline. India formulations sales were Rs 3,707 crore for the fourth quarter, showing growth of 10% over Q4 last year and accounted for 31.4% of total consolidated sales for the quarter.
Zee Entertainment Enterprises shares rise 3% as firm swings back to black in Q4
Zee Entertainment Enterprises experienced a nearly 3% increase in its share price to Rs 144.4 during Tuesday's trading session on the BSE, following the company's announcement of a profit of Rs 13 crore in the March quarter of FY24. This marks a significant turnaround from the loss of Rs 196 crore reported in the same period last year.
Global Health Q4 Results: Net profit rises 25% to Rs 127 crore
For the year ended on March 31, 2024, the company said its net profit increased to Rs 478 crore as against Rs 326 crore in FY23.
Will Nifty hit fresh record high before elections? That depends on these 5 factors
The week may remain lacklustre on the data front as no major economic data releases are scheduled in both the US as well as the Indian market. Indian investors are likely to focus more on the ongoing earnings season as well as stock specific developments. Nifty and Sensex have reached all-time highs driven by US Fed data and expert insights. Key factors that will shape market outlook.
ZEE Entertainment shares rally 5% after Q4 results. Should you buy, sell or hold?
ZEE Share Price: ZEEL swung back to profit in March quarter against loss a year ago. Its total income in the reporting quarter, too, increased 3% YoY to Rs 2,185 core. Goldman Sachs sees partial recovery in revenues as a positive sign.
Vodafone Idea Q4 Results: Net loss widens vs Q3; ARPU rise to Rs 146
Vodafone Idea’s net loss for the fiscal fourth quarter, FY24, widened sequentially to Rs 7,675 crore, dragged by high debt and even as it continued to lose subscribers.
Canara Bank Q4 Results: Profit jumps 18% YoY to Rs 3,757 crore; NII rises 11%
Canara Bank Q4 Results: The company's Board has also recommended a dividend of Rs 16.10 per share, 161% of face value each, for the financial year 2023-24
Dr Reddy's Labs Q4 Results: PAT jumps 36% YoY to Rs 1,307 crore; firm declares dividend of Rs 40/share
Dr Reddy's Labs Q4 Results: The revenue from operations rose 12% YoY to Rs 7,083 crore while they dipped 2% quarter-on-quarter (QoQ). The revenue missed ET Now poll estimate of Rs 7,237 crore.
Load More