PRIVI SPECIALITY CHEMICALS LTD Q2 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.
![Apollo 24/7 GMV to go up to Rs 1,000 cr per quarter over next 18 months: Suneeta Reddy](https://img.etimg.com/thumb/msid-112517541,width-100,height-75,resizemode-4/markets/expert-view/apollo-24/7-gmv-to-go-up-to-rs-1000-cr-per-quarter-over-next-18-months-suneeta-reddy.jpg)
Apollo 24/7 GMV to go up to Rs 1,000 cr per quarter over next 18 months: Suneeta Reddy
Apollo Hospitals' Suneeta Reddy forecasted a 5% price impact for next quarter, citing the recent muted performance from elections and a heatwave. Regional occupancy and margins varied, with Nashik serving as a referral center. Apollo 24/7 aims for Rs 1,000 crore quarterly in six quarters. AHLL is on an improving revenue trajectory despite new centers impacting margins.
![Grasim Industries Q1 Results: Profit slides by a fourth to Rs 1,189 crore on investment in paints ops](https://img.etimg.com/thumb/msid-112407894,width-100,height-75,resizemode-4/markets/stocks/earnings/grasim-industries-q1-results-profit-slides-by-a-fourth-to-rs-1189-crore-on-investment-in-paints-ops.jpg)
Grasim Industries Q1 Results: Profit slides by a fourth to Rs 1,189 crore on investment in paints ops
The flagship company of the Aditya Birla launched its paints operations ‘Birla Opus’ towards the end of the March quarter, and April-June was its first quarter of full operations. The company has spent Rs 7,795 crore on its paints business as of June-end, approximately four-fifth of the total planned expenditure for these operations.
![Grasim Q1 Results: Firm reports Rs 52 cr standalone loss versus Rs 355 cr yr-ago profit](https://img.etimg.com/thumb/msid-112398737,width-100,height-75,resizemode-4/markets/stocks/earnings/grasim-q1-results-co-slips-into-red-reports-rs-52-cr-loss-versus-rs-355-cr-profit-a-year-go.jpg)
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.
![LIC stock portfolio surges to Rs 15 lakh crore, 95 stocks sold in Q1](https://img.etimg.com/thumb/msid-112391905,width-100,height-75,resizemode-4/markets/stocks/news/lic-stock-portfolio-surges-to-rs-15-lakh-crore-95-stocks-sold-in-q1.jpg)
LIC stock portfolio surges to Rs 15 lakh crore, 95 stocks sold in Q1
Life Insurance Corporation of India's equity portfolio has nearly doubled in three years to Rs 15.72 lakh crore. In the June quarter, LIC reduced stakes in 95 stocks, including Bank of Maharashtra, while increasing investments in firms such as Infosys and TCS. Fund managers advise rotating into value sectors for optimal returns.
![Q1 results today: Grasim, Info Edge among 306 companies to announce earnings on Friday](https://img.etimg.com/thumb/msid-112390387,width-100,height-75,resizemode-4/markets/stocks/news/q1-results-today-grasim-info-edge-among-306-companies-to-announce-earnings-on-friday.jpg)
Q1 results today: Grasim, Info Edge among 306 companies to announce earnings on Friday
The earnings season for the first quarter has commenced with 306 companies, including Trent, Grasim, and Info Edge, reporting their results. Grasim's net profit is projected to range from Rs 104-231 crore, despite a potential YoY decline. Revenue is expected to increase, though profits may be hindered by higher losses in some divisions.
- Go To Page 1
Symphony shares rally 18% in 2 days on announcing share buyback, 270%YoY jump in Q1 PAT
Symphony's shares climbed 18% following a significant 270% rise in Q1 net profit and the announcement of a Rs 71.40 crore share buyback. The buyback price offers a 67% premium, with record dates set for both share buyback and interim dividend declaration. The company's revenue also increased by 76% YoY.
Grasim Industries Q1 preview: Revenue uptick seen at 17-25% YoY, PAT may fall on losses in VSF, paints biz
Grasim Industries' net profit for Q1 ending June 30, 2024, is projected to be between Rs 104 crore and Rs 231 crore, with revenue expected to see a 17%-25% YoY increase. However, losses in the VSF and paints segments are likely to pull down the PAT figures, compounded by weak operating margins.
Godawari Power announces 1:5 stock split, special dividend along with Q1 results
“The Board of Directors of Godawari Power and Ispat Limited ("the Company") at its Meeting held today i.e. on August 07, 2024, has considered and Approved the proposal for sub-division of equity share of face value of Rs.5/-each of the Company into 5 (Five) equity shares of Re.I/- each, subject to approval of the Shareholders of the Company in ensuing Annual General Meeting,” said the company in a filing to the exchanges.
Q1 results today: Bharti Airtel among 109 companies to announce earnings on Monday
Q1 Results Today 05 August: In the first quarter earnings season, 109 companies released their financial results. Bharti Airtel was projected to achieve Rs 38,488 crore in revenue for Q1 2024, showing a 2.6% annual rise. Estimated net profits varied between Rs 3,922 crore and Rs 2,068 crore, with challenges noted in the DTH sector and ARPU stabilization.
Q1 results, IPO action among 10 factors that will steer D-Street this week
The Street will react to major earnings reports from SBI, Divi’s Laboratories, Titan, and Britannia when markets resume trading on Monday. Additionally, 922 BSE-listed companies will announce April-June earnings, including Bharti Airtel and Tata Power. Indian markets will take cues from US market closures and GIFT Nifty futures.
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.
Adani Wilmar Q1 Results: Co swings to black, posts Rs 313 crore-profit; revenue rises 10% YoY
Adani Wilmar posted a consolidated net profit of Rs 313.2 crore for the June 2024 quarter, compared to a loss of Rs 78.9 crore last year. Revenue jumped 9.6% to Rs 14,168 crore. Strong volume growth in Edible Oils and Food & FMCG segments contributed, with EBITDA at a record Rs 619 crore for Q1'25.
RIL shares fall 3% after subdued Q1 results but target prices go up to Rs 3,786
Reliance Industries shares dropped 3% to Rs 3,019 on BSE as it reported a 5% YoY profit decline, missing Street estimates for Q1. Jefferies lowered target price to Rs 3,525 citing retail underperformance and subdued oil-to-chemicals outlook. Nuvama set the highest target at Rs 3,786. Macquarie maintained a neutral stance, targeting Rs 2,750, citing potential downside to consensus EPS.
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.
RIL Q1 Results: PAT drops 5% YoY to Rs 15,138 crore; revenue jumps 12%
RIL Q1 Results: Mukesh Ambani-led Reliance reported a 5% decrease in its consolidated net profit for the quarter ending June 2024, amounting to Rs 15,138 crore compared to Rs 16,011 crore in the same period last year. Despite this, revenue from operations grew by 12% YoY to Rs 2.36 lakh crore. The reported profit fell significantly short of Street expectations of around Rs 16,341 crore.
Q1 results today: Bajaj Auto, L&T Finance among 24 companies to announce earnings on Tuesday
24 firms, including Bajaj Auto, L&T Finance, Just Dial, DB Corp, and BMW Industries, will announce Q1 results. Bajaj Auto anticipates a robust Q1 with 7% volume increase, expanded EBITDA margins, and 17% profit growth. Century Textiles, Deccan Bearings, Jubilant Ingrevia, Network18 Media also to be monitored. Bajaj's 14% sales growth echoes March quarter success.
Q1 results this week: RIL, Paytm, Infosys, Jio Financial among 418 companies to announce quarterly earnings
Several widely followed companies, including Jio Financial, Paytm, Bajaj Auto, Asian Paints, LTIMindtree, Infosys, Reliance Industries, Wipro, Union Bank of India, Kotak Mahindra Bank, Tanla Platform, Tata Technologies, and YES Bank, will be releasing their June quarter report cards this week.
Mukesh Ambani-led RIL to declare Q1 results on July 19
RIL Q1 Results Date: RIL's board will meet on July 19 to approve its June quarter results. RIL shares ended at Rs 3,163.50 on the NSE on Thursday, down by Rs 3.40 or 0.11% from the previous closing price.
Not so well known stakeholders of EV ecosystem: 8 stocks that don't come instinctively, 3 with an upside potential of more than 18%
We also have a whole list, but we have separated the eight companies, just because these companies are not the names which one would instinctively think about and probably they may have more to go as they form this index.
Apollo Hospitals Q4 Results: Net profit rises 76% YoY to Rs 254 crore
Revenue grew 15% YoY to Rs.4,944 crore in Q4FY24. The earnings before interest, tax, depreciation and ammortisation (EBITDA), EBITDA rose 31% YoY to Rs.640 crore in Q4FY24. The EBITDA margins expanded 161 basis points YoY to 12.95%.
Ajanta Pharma buyback: Last day today to buy shares for Rs 285 crore special situation opportunity
Ajanta Pharma has set May 30 as the record date for its Rs 285 crore share buyback,. The buyback, at a premium of 12.6%, targets 10,28,881 equity shares, constituting 8.34% of the company's aggregate equity. Amidst strong financials, the company reported a 66% YoY growth in PAT and a 20% YoY increase in revenue in its Q4 results.
Q4 results today: LIC, NMDC among 236 companies to announce earnings on Monday
236 companies, including LIC and NMDC, to announce Q4 results. LIC reported a 49% rise in Q3 earnings, while NMDC saw a 62% increase in consolidated net profit.
JSW Steel shares fall over 2% after Q4 result disappoints
JSW Steel Share Price: The fall in share price came a day after the steel major reported a drop in consolidated net profit to Rs 1,299 crore for the quarter ended March 2024. It was Rs 3,664 crore a year ago. Revenue from operations in the reporting quarter, too, took a beating, though marginally, to Rs 46,269 crore.
Berger Paints India Q4 Results: Standalone net profit falls over 7% YoY to Rs 181.6 crore
Berger Paints India has crossed Rs 10,000 crore in sales and Rs 1,000 crore in profit in 2023-24 (Apr-Mar), helped by double-digit growth in sales volume and operating profit growing by nearly a fourth.
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: Net profit falls 25% to Rs 422 crore
Chemical firm SRF Ltd on Tuesday reported a 25 per cent decline in its net profit to Rs 422 crore for the quarter ended March 2024 on lower income. "The company's Profit After Tax (PAT) decreased 25 per cent from Rs 562 crore to Rs 422 crore in Q4FY24 when compared with the corresponding period of the last year," SRF said in a statement.
Q4 results this week: Adani group to lead as 211 companies will declare earnings
With 211 companies announcing quarterly results this week, investors are particularly watching out for major names like Kotak Mahindra Bank, DMart, Ultratech Cement, Indian Oil, and many others across various industries.
Infosys declares Rs 20 final dividend & Rs 8 special dividend
Infosys declared dividends for FY 2024, set AGM and payment dates, introduced Capital Allocation Policy aiming to return 85% free cash flow. Focus on net profit growth and Project Maximus. Shares closed at Rs 1,420.55.
Load More