ZENITH FIBRES LTD Q4 RESULTS
![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.
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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.
![DCM Shriram Industries Q4 Results: Profit rises 23% to Rs 39 crore](https://img.etimg.com/thumb/msid-110463252,width-100,height-75,resizemode-4/markets/stocks/earnings/dcm-shriram-industries-q4-results-profit-rises-23-to-rs-39-crore.jpg)
DCM Shriram Industries Q4 Results: Profit rises 23% to Rs 39 crore
DCM Shriram Industries reported a 23% increase in consolidated net profit to Rs 38.64 crore for Q4 of the 2023-24 fiscal, driven by lower expenses.
![Grasim Q4 revenue at record Rs 37,727 crore](https://img.etimg.com/thumb/msid-110346736,width-100,height-75,resizemode-4/markets/stocks/earnings/grasim-q4-revenue-at-record-rs-37727-crore.jpg)
Grasim Q4 revenue at record Rs 37,727 crore
While operating profit of the flagship company of the Aditya Birla Group jumped by a little over a fourth to ₹6,196 crore during the quarter, also an all-time high, the net profit remained flat on year at ₹1,370 crore. Adjusted for an exceptional item charge of ₹538 crore, the bottomline rose by two-fifths on year.
![Sterlite Tech Q4 Results: Co posts Rs 82 crore loss vs profit of Rs 63 crore a year ago](https://img.etimg.com/thumb/msid-109947305,width-100,height-75,resizemode-4/markets/stocks/earnings/sterlite-tech-q4-results-co-posts-rs-82-crore-loss-vs-profit-of-rs-63-crore-a-year-ago.jpg)
Sterlite Tech Q4 Results: Co posts Rs 82 crore loss vs profit of Rs 63 crore a year ago
Broadband technology company Sterlite Technologies on Wednesday reported a consolidated loss of Rs 82 crore for the fourth quarter ended March 2024, mainly due to a dip in optical networking business. The company had posted a profit of Rs 63 crore a year ago.
![Godrej Properties Q4 Results: Net profit rises 14% YoY to Rs 471 crore; revenue falls 13%](https://img.etimg.com/thumb/msid-109808993,width-100,height-75,resizemode-4/markets/stocks/earnings/godrej-properties-q4-results-net-profit-rises-14-yoy-to-rs-471-crore-revenue-falls-13.jpg)
Godrej Properties Q4 Results: Net profit rises 14% YoY to Rs 471 crore; revenue falls 13%
Godrej Properties Q4 Results: Godrej Properties' Q4 net profit rose 14% YoY to Rs 471 crore. Revenue fell 13%. Co recorded the highest quarterly sales at Rs 9,519 crore. Godrej Zenith, Gurugram achieved Rs 3,008 crore booking value.
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Bharti Airtel shares in focus after reporting 37% fall in Q2 profit. Should you buy or sell?
Airtel stock was trading 0.5% down on BSE on Wednesday at Rs 910 after the company reported a 37% year-on-year fall in its net profit to Rs 1,341 crore. While Jefferies has a target price of Rs 1,085 on the stock, CLSA sees it at Rs 1,110.
Airtel trumps Jio in the race to grab postpaid customers in Q1
Airtel added 0.8 million postpaid users in the June quarter. While Jio does not disclose its postpaid subscriber base, it has said that a bulk of new Jio Fiber (Jio fibre-to-the-home business) users were on postpaid plans. As per the sector regulator's May end data, Jio added 0.59 million wired broadband users over April and May to take its total use base to around 9 million.
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Grasim Q4 Results: Net profit plunges 89% YoY to Rs 94 crore; revenue rises 4%
Grasim, a leading Indian manufacturing company, has reported an 88.5% YoY drop in its Q4 profit at Rs 93.51 crore. The revenue from operations grew 4.2% to Rs 6,645.83 crore. The company has also announced a dividend of Rs 10 for FY23.
Q4 results this week: LIC, Shree Cements, Vodafone Idea, Sun Pharma, M&M, Nykaa and others
Several popular companies such as ONGC, M&M, Vodafone Idea, HUDCO, Shree Cements, BPCL, LIC, Nykaa, and Hindalco among others, are expected to release their quarterly earnings report later this week. The list of companies to report their results on each day include names such as Ashok Leyland, Sun Pharma, Aditya Birla Fashion and Retail, Grasim Industries, Radico Khaitan, Finolex Industries, and Hindustan Tin Works amongst others, during the period of May 22-27.
Grasim Industries Q2 Results: Profit falls 1.5% YoY to Rs 964 crore but beats estimates
Revenue from operations rose nearly 37% YoY to Rs 6,745.24 crore. Earnings before interest, taxes, depreciation and amortization (EBITDA) for the quarter increased 19.4% YoY to Rs 956.61 crore, but margins contracted 206 basis points to 14.18%.
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.
Reliance Jio Q4 net profit up nearly 24% on-year to Rs 4,174 crore
The Mukesh Ambani-led telco’s March quarter revenue from operations came in 8% higher sequentially at Rs 20,901 crore compared to Rs 19,347 crore in the fiscal third quarter and Rs 17,358 crore in the year-ago period. Jio’s quarterly revenue from operation, was over 20% higher, year-on-year.
Grasim Q3 net improves 26% to Rs 1,746 crore as chemicals business shows strong margins
The company reported a consolidated profit of Rs 1,746 crore attributable to owners, up 26% year-on-year.
Sterlite Tech Q3 Results: Company posts Rs 137 cr loss
Sterlite Technologies managing director Ankit Agarwal said that the company's underlying business continues to maintain healthy momentum.
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.
Jio Platforms Q1 results: Net profit rises 45% YoY to Rs 3,651 cr; Arpu flat at Rs 138.4
For the fiscal first quarter, JPL’s consolidated net profit stood at Rs 3,651 crore compared with Rs 3510 crore at March-end, and Rs 2,519 crore a year ago, the company said in a release on Friday.
HFCL jumps 8% on multifold gains in Q4 profit, 5G plans
Domestic telecom gear maker posted a multifold jump in its consolidated net profit to Rs 86.47 crore in the quarter ended March 31, 2021. The company had posted a net profit of Rs 8.7 crore in the corresponding period of the previous year.
HFCL Q4 results: Posts net profit of Rs 86.50 crore; company firms up 5G plans
Delhi-based company posted a net profit of Rs 86.47-crore for the quarter ended March 31, 2021, a 1.6% increase over the previous quarter's Rs 85.11 crores. HFCL's total income stood at Rs 1,391.40-crore in Q4, 2020-21 over Rs 1,277.40-crore in Q3 FY 2020-21.
Two factors that can trigger a rally in Reliance
"Our fair value for Reliance stands at Rs 2,050."
STL Q4 results: Net profit rises 55% to Rs 124 cr
The revenue rose to Rs 1,475 crore in the just-ended quarter, marking a 27 per cent growth over the year ago period.
Cognizant Q3 results: Net profit falls 30% YoY to $348 million
Financial services and products and services saw decline in revenue, but the healthcare segment grew during the quarter.
Garware Technical Fibres Q1 results: PAT down 3% at Rs 18 cr
Net sales of the company during the quarter under review declined to Rs 152.4 crore as compared to Rs 232.3 crore in the year-ago period.
Garware Technical Fibres Q4 results: Net profit down 2.5% at Rs 36 crore
The company had posted a net profit of Rs 37 crore in the fourth quarter of 2018-19.
Gujarat State Fertilizer Q4 results: PAT down 37% to Rs 62 crore
The company's PAT for the corresponding period of the previous fiscal stood at Rs 97.91 crore.
Sterlite Tech Q4 results: Net profit slumps 50% YoY to Rs 80 crore
STL's revenue from operations stood at about Rs 1,160 crore in the fourth quarter of 2019-20, about 35 per cent lower than the corresponding period of the previous year.
Vodafone Idea Q1 loss widens to Rs 4,908 crore QoQ; margins expand
Revenue for the quarter ended June 30 came in at Rs 11,269.9 crore, down 4.3% on quarter.
Vodafone Idea Q4 loss narrows to Rs 4,882 crore QoQ, income flat at Rs 11,932 crore
Expenses declined to Rs 17,599.60 crore from Rs 18,226.10 crore on a sequential basis.
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