GOYAL ASSOCIATES LTD Q2 RESULTS
MPC should pay more heed to core inflation, says Ashima Goyal
Ashima Goyal, a member of the Monetary Policy Committee (MPC), emphasized the need to focus more on core inflation due to its significant impact on household inflation expectations. Goyal's term on the MPC will end in early October. Additionally, she suggested that the MPC should expand its role to include providing guidance on liquidity conditions in the banking system.
Ola Electric stock surge; Piyush Goyal slams ecomm growth
Ola Electric's share price has nearly doubled in two weeks since listing. More on this in today’s ETtech Top 5.
Bandhan Bank, GRSC among 16 stocks to trade ex-dividend on Tuesday. Last date to buy today
Dividends are paid to shareholders who are listed in the company's records on the record date. Shareholders who buy the stock at least one day before the ex-date qualify for dividends, as the transaction settles the following day. However, those who purchase the stock on the ex-date are not eligible for dividends.
Trent Q1 Results: Profit zooms 131% YoY to Rs 342 crore, revenue soars 57%
Trent's net profit surged by 131% YoY to Rs 342 crore for Q1 ended June 2024, with revenue from operations rising 57% YoY to Rs 3,992 crore. The company expanded to 178 cities, with emerging categories now contributing over 20% to revenues. Trent shares increased 8.7% post-results announcement.
HUL, Lux Industries shares gain despite market crash
Glenmark Life Sciences, Hindustan Unilever, and Lux Industries saw their shares rise as Nifty and Sensex dropped over 3% on Monday. Glenmark soared 6.3%, Lux Industries increased 5.5%, and other stocks like Marico and Britannia posted gains. Market volatility persists amid global economic concerns and geopolitical tensions.
Tata Consumer shares drop over 2% as Q1 results fail to impress. Should you invest?
Tata Consumer Products reported an 8% drop in profit after tax for the first quarter ended June 2024, falling to Rs 290 crore, below estimates. Shares fell 2.3%. Revenue from operations increased 16% year-on-year to Rs 4,352 crore. The drop in profit was attributed to higher exceptional items and lower returns from joint ventures and associates.
- Go To Page 1
IT firms’ Q1 job data suggest they may end FY25 with higher headcount
The number of aggregate employees at Tata Consultancy Services, Infosys, Wipro, HCLTech and Tech Mahindra dropped by 2,034 sequentially in the first quarter ended June 30, according to the quarterly data they announced in July. Three of the companies — TCS, Wipro and Tech Mahindra — registered net additions in headcount.
TCPL Q1 Results: Net profit drops 14% YoY to Rs 289.25 cr, revenue up 16%
Tata Consumer Products Ltd (TCPL) on Tuesday reported a 14.34 per cent decline in consolidated net profit to Rs 289.25 crore in the first quarter ended in June 2024 on account of exceptional items and lower share of profits from its associates and joint ventures. The company had posted a consolidated net profit of Rs 337.71 crore in the April-June quarter a year ago, according to a regulatory filing from TCPL.
Alphabet to report double-digit Q2 growth; AI adoption, ballooning costs in focus
Alphabet's revenue growth, driven by AI in cloud computing and advertising, is prominent. Sundar Pichai emphasizes AI's impact. Google's AI in Search, Gemini AI, and new Pixel devices enhance capabilities. Analyst Gil Luria highlights AI competitiveness. Operating expenses rose, with a potential $23B Wiz acquisition. YouTube’s Shorts growth and GroupM’s ad forecast support confidence.
A Swiss company cheered up Kotak Mahindra Bank amid RBI's glare
Kotak Mahindra Bank's Q1 FY25 profit surged nearly 80% due to Zurich Insurance's acquisition of a 70% stake in Kotak General Insurance. The deal, completed in June 2024 for Rs 4,095.8 crore, added Rs 3,013 crore to the bank's consolidated profit. Kotak now holds a 30% stake in the insurance venture.
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 faces a muted Q1, trend in project ramping holds the key for Q2 show
The country's largest software exporter is likely to report 1.4% sequential increase in the revenue at $7,466.1 million, according to the average of estimates by ETIG and nine brokerages.
Paytm shares drop 3% after Q4 results. Should You buy or sell?
Paytm's Q4 results show widened losses and reduced revenue, impacted by disruptions and regulatory actions. Analysts vary: Bernstein sees signs of recovery, Macquarie remains cautious, Motilal Oswal maintains a neutral stance, while JM Financial advises selling.
Tesla Europe sales lowest in 15 months
Tesla Inc had a slow start to the second quarter in Europe, with CEO Elon Musk expecting better results. The carmaker registered 13,951 vehicles in April, down 2.3% from last year, its lowest since January 2023.
Lok Sabha Elections 2024 Phase 5: From Rahul Gandhi to Smriti Irani and Piyush Goyal, here are top candidates and constituencies
India's Phase 5 Lok Sabha elections feature key contests with Rahul Gandhi, Smriti Irani and several Union Ministers and party chiefs in the race. Encompassing 49 seats spread across 6 states and two Union Territories (UT), the upcoming elections will see a diverse array of constituencies. Uttar Pradesh leads with 14 seats, followed by Maharashtra with 13, West Bengal with 7, Bihar with 5, Jharkhand with 3, Odisha with 5, and one each from Jammu and Kashmir and Ladakh.
Blinkit turns adjusted EBITDA positive in March as co aggressively bets on store expansion
The company highlighted that one of the key vectors for growth for the business will come through the store expansion. In the fourth quarter, it added 75 net new stores taking the total store count to 526.
Varun Beverages Q1 Results: PAT jumps 25% YoY to Rs 548 crore; revenue rises 11%
Varun Beverages Q1 Results: Co reported a consolidated net profit of Rs 548 crore, rising 5% year-on-year (YoY) for the quarter ended March 31, 2024; revenue from ops stood at Rs 4,398 crore
Jio Financial Q4 Results: Net profit rises 6% QoQ to Rs 311 crore
The net profit was Rs 294 crore in the preceding December quarter. For the full year ended March 2024, the financial services company's net profit grew multi-fold to Rs 1,604 crore as against just Rs 31 crore in FY23.
TCS Q4 show trumps D-Street expectations: 5 takeaways from the earnings
TCS Q4 Results: The company's order book for FY24 was at an all-time high of $42.7 billion and record $13.2 billion in the March quarter, led by the mega deal with Aviva and others in the emerging markets vertical.
TCS Q4 Results: Profit rises 9% YoY to Rs 12,434 crore, beats estimates
TCS Q4 Results: Revenue from operations increased by a marginal 3.5% year-on-year (YoY) to Rs 61,237 crore. On a sequential basis, profit after tax jumped 12%, compared with Rs 11,058 crore clocked in the preceding December quarter. Revenues were up 1% quarter-on-quarter (QoQ).
Sun TV Network Q3 Results: Cons PAT rises 7% YoY to Rs 454 crore
The broadcaster owns 35 TV channels in six languages and an OTT platform Sun NXT, besides FM radio stations across India. It also owns two cricket franchises Sun Risers Hyderabad and Sun Risers Eastern Cape in Indian Premier League and SA 20, respectively.
ZEEL Q3 Results: Profit more than doubles to Rs 59 crore; revenue falls 3% YoY
ZEEL Q3 Results: Revenue during the December quarter fell 3% YoY to Rs 2,045 crore. The company reported a 43% decline in Q3 EBITDA at Rs 209 crore compared to Rs 366 crore in the same quarter last year.
Q3 results this week: ITC, Adani Ports, Bajaj Finance, IndiGo, SBI, Tata Motors and others
ITC, Bajaj Finance, NTPC, Adani Green Energy, Bharat Electronics, Punjab National Bank, GAIL, Bharat Petroleum, Corporation, Vodafone Idea, Marico, Petronet LNG, Nippon Life India Asset Management, Tata Investment Corporation, Piramal Enterprises, R R Kabel, Aditya Birla Sun Life AMC, Maharashtra Seamless, Nuvoco Vistas Corporation, Godfrey Phillips India, among others will report their December quarter numbers on Jan 29
Jio Financial Services Q3 Results: Consolidated PAT slumps 56% QoQ to Rs 294 crore, revenue drops 32%
Jio Financial Q3 Results: The company's consolidated revenue from operations fell nearly 32% to Rs 413.61 crore. For the nine months ended December 2023, the Mukesh Ambani-led company reported a profit of Rs 1,294 crore and a revenue of Rs 1,436 crore. The total tax outgo for the quarter was Rs 88 crore against Rs 86.3 crore in the preceding quarter.
BSE Q2 Results: Net profit surges over 300% to Rs 118 cr; revenue up 59%
Investment income during the second quarter increased 30% YoY to 47.5 crore. The same stood at Rs 36.6 crore in the corresponding quarter of the previous year. Operating EBITDA for the reporting quarter grew multifold to Rs 142 crore against just 13.4 crore in the last year quarter
Blinkit turns contribution positive in Q2; GOV rises 86% YoY
The quick commerce company bounced back with a 29% quarter-on-quarter gross order value (GOV), growth following tepid growth in Q1FY24, due to temporary disruptions in the business.
Street’s rejoicing HDFC Bank’s Q2 results, but Deepak Shenoy has a different story to tell
HDFC Bank's Rs 16,811 crore consolidated profit figure was a pleasant surprise for Dalal Street, as it was way above analysts’ expectations. However, market veteran Deepak Shenoy’s analysis of HDFC Bank’s results had a different picture to show.
Bajaj Finance Q2 Results: Cons profit jumps 28% YoY to Rs 3,551 crore, meets estimates
Bajaj Finance's net interest income for the quarter increased by 26% on year to Rs 8,845 crore and was way above an ETNow poll of Rs 7,130 crore. The assets under management (AUM) grew by 33% to Rs 2.90 lakh crore as of September 30. Operating expenses to net interest income for the quarter was 34.0% against 35.9% a year ago.
Jio Financial shares jump 4% after first post-listing earnings. What brokerages say
JFSL holds a 3.56% stake in RIL through its 100% subsidiary, Reliance Industrial Investments and Holdings Ltd (RIIHL), and another 2.54% stake through associates, where RIIHL is the sole beneficiary.
Load More
