YARN SYNDICATE LTD Q2 RESULTS
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.
Bata in talks with quick commerce companies to offer 10-minute delivery of footwear
Bata India has been in discussions with quick commerce companies to enhance sales, aiming to offer 10-minute delivery for high-demand items. Despite recent sluggish sales and marginal revenue decline, the company focuses on athleisure products, social media marketing, and store renovations to attract new-age consumers. Rising competition from D2C brands has kept market share steady.
ZEEL Q1 Results: Co swings to black with Rs 118 crore-profit vs year-ago loss
Zee Entertainment Enterprises (ZEE) posted a net profit of Rs 118 crore in the first quarter, recovering from a previous loss of Rs 53.42 crore. Revenue increased by 8% YoY to Rs 2,149 crore. EBITDA showed a 75% YoY growth to Rs 271.7 crore. The domestic advertising revenue declined by 3% YoY due to cricket and general elections.
ZEEL Q4 Results: Company reports profit of Rs 13 crore versus loss YoY; revenue rises 3%
ZEEL Q4 Results: The company reported a loss of Rs 196 crore in the same quarter last year. The revenue from operations for the quarter stood at Rs 2,185 core against Rs 2,126 crore in the corresponding quarter of the previous year.
Grasim Q3 Results: Cons PAT slumps 40% YoY to Rs 1,514 crore, revenue rises 12%
Grasim's consolidated revenue increased by nearly 12% to Rs 31,965.50 crore. Sequentially, the bottomline surged over 30%, and the topline grew by nearly 6%.
ZEEL Q2 Results: Profit grows 9% YoY to Rs 123 crore; revenue jumps 20%
Operating revenue rose 20% year-on-year (YoY) to Rs 2,437 crore in the second quarter under review. The company has clocked 6% growth in its consolidated EBITDA to Rs 333 crore in the July-September period. EBITDA margins came in at 13.6% in the same period, down from 15.6% a year ago.
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Nifty Financial Services index stocks: Will correction be over before the earning season starts?
The correction which Nifty has seen in the last few trading sessions has been led by financials and that too a very specific part of financial sector stocks, private banks. Whether it is upward or southward movement of Nifty, it is largely led by financials. The reason, high ownership of foreign portfolio investors ( FPI ) in the majority of these stocks. The big difference this time has been the fact that while private banks are correcting, PSU banks have been able to sort of outperform and have provided a counter to bears. The big question is will this correction be over before the Q2 earnings season begins?
Zee Enterprises Q4 Results: Firm posts loss of Rs 196 crore; revenue falls 9%
Total income during the quarter under review fell 8% to Rs 1,934 crore as against Rs 2,113 crore in the corresponding quarter of last year.
Trident shares down 9% after Q4 profit declines 28% YoY
Trident, a textile fabric manufacturer, reported a 28.4% YoY drop in Q4FY23 net profit, at Rs 129.7 crore. Revenue from operations declined 15.9% YoY to Rs 1,573.2 crore due to lower revenue across its yarn, towel and bedsheets divisions. Trident’s paper and chemicals unit, however, grew by 22%. Its EBITDA for Q4FY23 slipped 20.5% YoY to Rs 268.4 crore. The company’s share price fell 9% to Rs 31.6 on the BSE.
‘Pushpa 2’ shooting stopped and 2023 release cancelled? Here’s everything we know about Allu Arjun’s upcoming film
According to reports, the shooting of "Pushpa 2" starring Allu Arjun has been halted as the director is reportedly “unsatisfied” with the current status of the production.
This smallcap cement stock climbs 5% after board approves stock split
In Q3FY23, Visaka Industries reported an 86% decline in its net profit to Rs 3.71 crore as against Rs 24.03 crore during the previous quarter ended in December 2021. Its sales stood at Rs 354.76 crore in the quarter that ended December 2022 as against Rs 353.82 crore during the previous quarter that ended December 2021
Grasim Q3 Results: Net profit jumps 44% YoY to Rs 2,516 crore
Revenue from operations, meanwhile, jumped 17% YoY to Rs 28,638 crore in the December quarter against Rs 24,402 crore in the corresponding quarter of last year
ZEE Q3 Results: Net profit slumps 91% YoY to Rs 24 crore
Total income during the quarter under review was flat at Rs 2,127 crore as against Rs 2,130 crore in the corresponding quarter of last year.
Weekly Top Picks: 6 stocks with consistent score improvement and upside potential of up to 35%
While NIFTY gets into volatile mode once again, there are some pockets where stocks have seen an improvement in their analyst scores. The selected stocks depict a strong upward trajectory in their overall average score which is based on five key pillars i.e. earnings, fundamentals, relative valuation, risk and price momentum. This implies that there has been a significant improvement in their market outlook in the given time frame.
Grasim Q1 Results: Profit jumps 68% YoY to Rs 809 crore; revenue surges 93%
Segment-wise, Grasim's viscose (fibre and yarn) business generated a revenue of Rs 4,299.88 crore in Q1 as against Rs 2,102.76 crore in the corresponding quarter of the last financial year. Revenue in the chemicals unit also improved to Rs 2,733.3 crore from Rs 1,436.48 crore in the year-ago period.
ZEE Q3 PAT drops 25.3% to Rs 299 crore; operating revenue down 22.6%
The company has posted a consolidated PAT of Rs 298.7 crore, as against a net profit of Rs 399.9 crore in the corresponding quarter of the previous fiscal.
Grasim Industries clocks a net profit of Rs 2,032 crore in Q2 FY22
Grasim’s consolidated revenue for Q2FY22 was up 26 per cent at Rs 22,564 crore. EBITDA was up 19 per cent at Rs 4,282 crore.
ZEE Q2 PAT up 187% to Rs 270 crore as operating revenue jumps 15%
Consolidated operating revenue for the quarter was up 14.9 per cent to Rs 1978.8 crore, compared to Rs 1,722.7 crore in the corresponding quarter of the previous fiscal.
Canara Bank Q1 results: Net profit rises nearly three-fold to Rs 1,177 cr
Total income in the April-June increased marginally to Rs 21,210.06 crore, from Rs 20,685.91 crore in the year-ago period, Canara Bank said in a regulatory filing.
Canara Bank Q4 results: Net profit at Rs 1,011 cr; loan book grows 3.68% YoY
The bank's net interest margin, a key profitability parameter, improved to 2.75 per cent for the quarter under review from 2.5 per cent in the year ago period.
Canara Bank Q3 results: Reports consolidated net profit of Rs 739 crore
The bank's total income (consolidated) during October-December period of 2020-21 rose to Rs 24,490.63 crore from Rs 15,531.80 crore, Canara Bank said in a regulatory filing.
Canara Bank Q2 results: Reports net profit of Rs 444 crore
Total income (standalone) of the bank stood at Rs 20,836.71 crore in July-September period of 2020-21, as against Rs 14,461.73 crore in the same quarter of 2020-19, it said in a regulatory filing.
Canara Bank Q1 results: Profit rises 23% to Rs 406 cr
Canara Bank, which amalgamated Syndicate Bank into itself with effect from April 1, 2020, however, said the earning figures are not comparable as these are related to standalone financials for pre-amalgamation period.
Syndicate Bank Q3 results: Profit zooms to Rs 435 crore
Total income during the quarter increased to Rs 6,316.57 crore from Rs 6,077.62 crore.
Multibaggers of past decade, solid show in Q2, but stocks down 50%: Get the cue
Many analysts look positive on them. Good case to take a serious look at these names?
Canara Bank Q2 consolidated net up 14% at Rs 405-cr; bad loans fall
Interest income stood at Rs 12,500.37 crore, up from Rs 11,015.93 crore.
Syndicate Bank reports Rs 251 crore Q2 profit
Total income in the September quarter increased to Rs 6,153.10 crore against Rs 5,888.87 crore in year-ago period.
Syndicate Bank narrows Q1 loss to Rs 980 crore as bad assets fall
Net NPAs or bad loan ratio fell to 5.06 per cent, as against 6.64 per cent a year ago period.
Syndicate Bank Q1 loss at Rs 1,282 crore
The total bad assets now amount to Rs 26,362 crore as compared to Rs 25,759 crore in the previous quarter.
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