Retail losses from auto fuel prices that have been frozen for around six months amid elevated crude oil prices kept their profitability under pressure in the second quarter.
Bengaluru (Karnataka) [India], November 14 (ANI/BusinessWire India): Mindteck (India) Limited (BSE: 517344 and NSE: MINDTECK), the global engineering and technology solutions company with niche knowledge and expertise in the storage, medical device, semiconductor and analytical instrument in
The fast-moving consumer goods firm has posted a jump of 42 per cent in its standalone revenue to Rs 8,514 crore against Rs 5,995 crore in the year-ago period.
The company said it had an income of Rs 440 crore in the second quarter of FY22-23. The results showed that this is a growth of 14 per cent over income of Rs 385 crore of Q1 of FY 22-23.
The company has seen a stronger monetisation across all its key businesses while limiting indirect costs, leading to a 61 per cent YoY improvement in operating profits or Ebitda before employee stock ownership plan (ESOP) costs to Rs 166 crore.
Bajaj Electricals on Tuesday reported a marginal decline in its consolidated net profit to Rs 62 crore for the second quarter ended September 30 (Q2). It had Rs 62.55-crore net profit during the July-September quarter the previous fiscal, the company said in a regulatory filing. Net sales sl
The Chennai-headquartered lender said its total income grew by 15 per cent on a year-on-year basis, to Rs 5,852.45 crore, against Rs 5,090.72 crore in the year-ago period. Of which, interest income grew by 11 per cent during this reviewed period to Rs 4,717.61 crore.
Hyderabad (Telangana) [India], November 7 (ANI/NewsVoir): Balaxi Pharmaceuticals Limited (Balaxi), a branded IPR-based pharmaceutical company headquartered in Hyderabad, reported its results for the second quarter of FY23.
Revenue from operations for the reviewed quarter stood at Rs 4,4175 crore from Rs 32,403.58 crore in the year-ago period, a jump of 36.3 per cent over the previous year, according to the company's statement shared with exchanges on Saturday evening.
Good second quarter earnings and high trading volumes during Diwali, which is considered auspicious by investors community, somewhat gave fuel to the financial markets.