TREJHARA SOLUTIONS LTD Q3 RESULTS
![M3M India sells properties worth Rs 3,911 crore in Q1; up 37 pc annually](https://img.etimg.com/thumb/msid-112738824,width-100,height-75,resizemode-4/industry/services/property-/-cstruction/m3m-india-sells-properties-worth-rs-3911-crore-in-q1-up-37-pc-annually.jpg)
M3M India sells properties worth Rs 3,911 crore in Q1; up 37 pc annually
Realty firm M3M India has reported a 37 per cent increase in sales of residential and commercial properties in the June quarter, reaching Rs 3,911 crore. The company attributes this growth to strong demand and foresees continued momentum with upcoming ultra-luxury projects. Sales in Gurugram, Noida, and Panipat, along with a solid land bank, underscore their robust performance.
![Nifty IT index rallies over 8% in last seven sessions. Analysts maintain bullish outlook](https://img.etimg.com/thumb/msid-112651810,width-100,height-75,resizemode-4/markets/stocks/news/nifty-it-index-rallies-over-8-in-last-seven-sessions-analysts-maintain-bullish-outlook.jpg)
Nifty IT index rallies over 8% in last seven sessions. Analysts maintain bullish outlook
The Nifty IT Index experienced a remarkable 32% surge over the past year, fuelled by a robust first quarter. This strong performance was primarily driven by Tier-1 IT companies, which showed solid revenue growth, improved margins, and stable management outlooks, contributing to the sector's outperformance.
![What to do with Ola Electric, Unicommerce Solutions, Hindustan Zinc and 3 other stocks? Religare Broking's Ravi Singh decodes](https://img.etimg.com/thumb/msid-112626103,width-100,height-75,resizemode-4/markets/expert-view/what-to-do-with-ola-electric-unicommerce-solutions-hindustan-zinc-and-3-other-stocks-religare-brokings-ravi-singh-decodes.jpg)
What to do with Ola Electric, Unicommerce Solutions, Hindustan Zinc and 3 other stocks? Religare Broking's Ravi Singh decodes
Despite a flat Nifty start, last week's market movers like Ola Electric and Unicommerce garnered attention. Dr. Ravi Singh from Religare Broking predicted market consolidation and reduced volatility. High-performing IT and FMCG stocks were highlighted, while small-cap stocks were advised caution. Recommendations included profit booking for Ola Electric and other strategic moves.
![PTC India Q1 Results: PAT rises 33% to Rs 189 crore](https://img.etimg.com/thumb/msid-112500997,width-100,height-75,resizemode-4/markets/stocks/earnings/ptc-india-q1-results-pat-rises-33-to-rs-189-crore.jpg)
PTC India Q1 Results: PAT rises 33% to Rs 189 crore
Manoj Kumar Jhawar, Chairman and Managing Director (Addl Charge) and Director (Commercial & Operation), PTC India, said, "The unusual changes in demand pattern, partly due to extreme weather conditions during the quarter saw high electricity demand and mismatches. The flat volume achieved in this scenario represents the balanced portfolio composition of the company".
![MapmyIndia shares jump 7% as Q1 profit rises 12% YoY](https://img.etimg.com/thumb/msid-112461335,width-100,height-75,resizemode-4/markets/stocks/news/mapmyindia-shares-jump-7-as-q1-profit-rises-12-yoy.jpg)
MapmyIndia shares jump 7% as Q1 profit rises 12% YoY
Shares of CE Info Systems-owned MapmyIndia on Monday surged 7% to its day’s high of Rs 2,380.35 after the company on Friday reported a 12% year-on-year (YoY) jump in its profit after tax (PAT) at Rs 35.9 crore for the June quarter.
![Zydus Lifesciences Q1 results: Net profit jumps 31% to Rs 1420 crore](https://img.etimg.com/thumb/msid-112453433,width-100,height-75,resizemode-4/markets/stocks/earnings/zydus-lifesciences-q1-results-net-profit-jumps-31-to-rs-1420-crore.jpg)
Zydus Lifesciences Q1 results: Net profit jumps 31% to Rs 1420 crore
The earnings before interest, tax, depreciation and ammortisation (EBITDA) increased 38.4% YoY to Rs 2084 crore. On QoQ, EBITDA increased 27.8%.
- Go To Page 1
Siemens India Q3 FY24 net profit jumps 27% YoY to Rs 578 crore
The company follows an October–September period to report its quarterly results. Total revenue was up 7% at Rs 5203 crore against Rs 4873 crore. The company’s new orders stood at Rs. 6,245 crore, an increase of 18% over the same period last year. Revenue from energy segment declined from Rs 1,518 crore to Rs 1,485 crore year-on-year.
Honeywell Automation India Q1 Results: Profit rises 32% to Rs 136.5 crore
Honeywell Automation India on Monday reported a 32.01 per cent rise in its standalone net profit to Rs 136.5 crore for the June-ended quarter. It had posted a net profit of Rs 103.4 crore in the year-ago period.
Amara Raja Energy Q1 Results: Profit rises 26% YoY to Rs 249 crore
Amara Raja Energy & Mobility (ARE&M) has posted about 26 per cent rise in consolidated net profit at Rs 249.12 crore for June quarter FY25. It had reported a net profit of Rs 198.31 crore for April-June period of 2023-24, the company said in an exchange filing on Saturday.
Freshworks reports 20% revenue growth in Q2 at $174 million
The Chennai-based firm also upped its revenue guidance. Freshworks has given a 2024 full-year guidance revenue of $707 -$713 million, which has gone up marginally by around 1-2% on the back of rising demand for the firm’s AI solutions.
TCI Q1 results: Net profit up 10% to Rs 92 crore
The Transport Corporation of India (TCI) reported a 10% increase in consolidated profit after tax, reaching Rs 91.6 crore for the quarter ending June 30, 2024. Revenue also rose to Rs 1,056 crore. The company's growth was seen across various segments, including coastal shipping and cold chain logistics, with significant investment in infrastructure to enhance efficiency.
Adani Energy Solutions Q1 Results: Company posts a net loss of Rs 1,191 crore
Adani Energy Solutions (AESL), formerly Adani Transmission Ltd, on Thursday, reported a consolidated net loss of Rs 1191 crore against a profit of Rs 182 crore for the quarter ended June 30. The loss was on account of an exceptional item.
Ashok Leyland Q1 Results: Profit falls 9% YoY to Rs 526 crore, misses estimates
Ashok Leyland reported a 9% YoY decline in net profit to Rs 526 crore for Q1 ending June 2024, missing estimates. Revenue rose 5% to Rs 8,599 crore. The company saw strong demand across all segments, contributing to its highest-ever Q1 CV volumes. EV subsidiary Switch Mobility launched its second e-LCV. Shares traded slightly lower.
Adani Energy Solutions Q1 Results: Net loss at Rs 824 crore, revenue jumps 47% YoY
Adani Energy Solutions recorded a Rs 824 crore net loss for June 2024, a shift from Rs 175 crore profit last year. Quarterly revenue rose 47% to Rs 5,379 crore from Rs 3,664 crore.
Suzlon Energy shares rally 10% in 2 days to hit all-time high after 200% YoY jump in PAT
Suzlon Energy's shares rose 10% to Rs 60.71 post a 200% YoY net profit rise to Rs 302 crore in June 2024. 50% revenue growth to Rs 2,016 crore. Achieved a 103% rise in Q1 deliveries, 3.8 GW order book, 203% share rise in a year, highest EBITDA in 7 years. Pune-headquartered with Germany R&D centers.
Coforge Q1 profit hit by acquisition, revenue up 8%
Coforge's revenue grew 8.1% YoY and 1.8% quarter-on-quarter (QoQ) to Rs 2,400.8 crore for the first quarter ending June as compared to Rs 2,221 crore in Q1FY24 and Rs 2,358.5 crore in the March quarter or Q4FY24.
Suzlon Energy Q1 Results: Cons PAT skyrockets 200% YoY to Rs 302 crore, revenue jumps 50%
Suzlon Energy Q1 Results: The renewable energy company reported a record-breaking Q1FY25, with an 86% increase in EBITDA to ₹370 crore and the highest quarterly deliveries in seven years. The strong performance was driven by a record order book of 3.8 GW, the largest in the company's 29-year history.
Q1 results today: IDBI Bank, Suzlon Energy among 44 companies to announce earnings on Monday
IDBI Bank and Suzlon Energy are among 44 companies announcing first quarter results. IDBI Bank shows growth in deposits and advances, while Suzlon Energy reports a decline in profit. Stay informed about these companies' financial performance.
Tata Tech shares fall 2% after Q1 results fail to impress. Should you still invest?
Tata Technologies' shares fell 2% after reporting a 15% YoY drop in net profit to Rs 162.03 crore, affected by higher technology expenses. Revenue rose 0.9% YoY to Rs 1,269 crore. With VinFast exit, Kotak advised Sell while JM Financial recommended Buy, forecasting growth through BMW JV, 5 deal wins, resilient margins, education business, and resumed projects.
Persistent Systems shares tumble 7% after Q1 results disappoint investors
Persistent Systems shares fell 7% after reporting a 2.8% profit decline in Q1FY25, despite a 34% YoY PAT rise. Revenue grew 18% YoY. Orders hit $462.8 million TCV, $337.3 million ACV. CEO Kalra praised 17 growth quarters, AI services. ISG ranked them a leader. Stock rose 80% last year, 26.60% YTD. Considering QIP on July 23. SpiceJet capital raise.
Tata Technologies Q1 profit slides 15% on-year, VinFast woes behind
Sequentially, Tata Technologies' net profit rose 3.04% from Rs 157.24 crore in the preceding quarter ending March 2024. Revenue from operations for the quarter stood at Rs 1,269 crore, up 0.9% on-year basis but down 2.5% sequentially.
Infosys Q1 earnings; payment cos seek UPI sops
IT major Infosys logged a rise in profits for the first quarter of FY25. This and more on today’s ETtech Top 5.
Citigroup Q2 Results: Profit beats on surge in investment banking, services strength; but shares fall 3%
The third-largest U.S. lender reported a profit of $1.52 per share for the three months ending June 30, surpassing analysts' expectations of $1.39, according to LSEG data. Warren Kornfeld, senior vice president in the financial institutions group at Moody’s Ratings, noted that these results highlight Citi's challenging path toward achieving its shareholder returns target of 11% to 12%, up from 7.2% in the second quarter.
IREDA Q1 Results: PAT jumps 30% YoY to Rs 384 crore, revenue surges 32%
IREDA Q1 Results: The state-run NBFC saw a significant increase in loan sanctions, up 387% to Rs 9,210 crore compared to Rs 1,892 crore in the same period last year. Loan disbursements also rose by 68%, reaching Rs 5,326 crore compared to Rs 3,173 crore in the previous year.
HCLTech Q1 result; Nasscom on Karnataka gig workers’ bill
India’s third IT major HCLTech’s Q1 profit is up 20% to Rs 4,257 crore. This and more on today’s ETtech Top 5.
TCS Q1 profit rises 8.7%; wage hikes, demand slump drag sequential numbers
TCS's June quarter net profit decreased 3.16% to Rs 12,040 crore due to wage hikes for its 600,000-plus workforce; net profit increased 8.7% YoY. Revenue rose 5.4% to Rs 62,613 crore. BSNL deal drove 61.8% India growth. The deal pipeline is $8.3 billion, AI projects at $1.5 billion. Operating margin is 24.7%. Interim dividend Rs 10 per share.
Suzlon Energy Q4 Results: Net profit drops 21% YoY to Rs 254 crore
Renewable energy solutions provider Suzlon Energy on Friday reported nearly 21 per cent decline in consolidated net profit to Rs 254 crore in the March quarter mainly due to certain exceptional items.
Redington Q4 Results: Firm posts standalone profit of Rs 160.57 crore
Integrated technology solutions provider Redington Ltd has reported a standalone net profit for the January-March 2024 quarter at Rs 160.57 crore, the company said. The city-based company had registered a standalone net profits of Rs 124.91 crore during the corresponding quarter of previous year.
Asian Paints shares gain 3% after Q4 results. Should you buy, sell or hold?
Asian Paints Share Price: Asian Paints shares rose 3% to Rs 2,792 despite Q4 results missing estimates, with a 2% YoY increase in net profit to Rs 1,257 crore. Brokerages maintain a 'sell' view due to anticipated decline.
Load More