Mobikwik Q2 results: Firm posts loss of ₹3.5 crore vs profit YoY, revenue at ₹291 crore
2 days, 1 hour ago

Mobikwik Q2 results: Firm posts loss of ₹3.5 crore vs profit YoY, revenue at ₹291 crore

Live Mint  

MobiKwik, which recently went public, reported a net loss of ₹3.5 crore for the September 2024 quarter, a sharp contrast to the ₹5.2 crore profit recorded in the same period last year. Operational revenue for the second quarter surged by 43 per cent year-on-year, reaching ₹291 crore compared to ₹203 crore in the corresponding period of the previous financial year. MobiKwik remains India's largest digital wallet, holding a 23 per cent market share in the PPI wallet gross transaction value as of November 2024. In the payments segment, revenue surged by 181 per cent year-on-year to ₹189 crore, while the payments gross margin improved to 19.2 per cent, showing significant growth both quarter-on-quarter and year-on-year.

Market Share Crore Cent Quarter Mobikwik Vs Profit  quarter  cent  surged  company  total  yoy  posts  results  loss  strong  mobikwik  crore  share  q2  payments  revenue  vs  profit

History of this topic

Mobikwik share price surges 15%, hits record high: Shoud investors book profit?
2 weeks ago

Mobikwik share price surges 15%, hits record high: Shoud investors book profit?

India Today  

Shares of One Mobikwik Systems Ltd, the parent company of fintech giant Mobikwik, continued their strong upward trajectory for the third consecutive session, soaring 14.64% on Thursday to hit a record high of Rs 698.30 on the Bombay Stock Exchange. However, she cautioned that sustaining this growth would depend on Mobikwik’s ability to maintain profitability and navigate a competitive fintech …

MobiKwik Shares Surge 14%, Marking A Strong Second-Day Rally
3 weeks ago

MobiKwik Shares Surge 14%, Marking A Strong Second-Day Rally

ABP News  

Shares of One MobiKwik Systems surged 14 per cent in early trading on Thursday, reaching a high of Rs 605 on the BSE. The shares of MobiKwik debuted at Rs 442.25 on the BSE and Rs 440 on the NSE, reflecting a premium of 57.7 per cent. As of May 2024, MobiKwik has a 23.11 per cent market share in …

One MobiKwik Systems IPO subscribed 7.3 times on first day of offer
4 weeks ago

One MobiKwik Systems IPO subscribed 7.3 times on first day of offer

The Hindu  

The initial public offering of fintech company One MobiKwik Systems got subscribed 7.3 times, receiving an overwhelming response from retail investors, on the first day of sale on Wednesday. The Retail Individual Investors part got subscribed 26.71 times, while non-institutional investors category received 8.97 times subscription, and the quota for Qualified Institutional Buyers received a mere 2 per cent subscription. …

Mobikwik seeks valuation of around $250 million, cuts issue size
1 month ago

Mobikwik seeks valuation of around $250 million, cuts issue size

Live Mint  

MobiKwik’s public offer will open for subscription on Wednesday with a price band of ₹265-279 per equity share, valuing the company at about ₹2,165 crore, a sharp discount to the valuation the company sought in its last attempt at the public listing back in 2021of ₹7,600 crore. The company, headed by husband-and-wife duo Bipin Preet Singh and Upasana Taku, has …

Swiggy Q2: Losses Narrow To Rs 626 Crore, Firm Clocks 30 Per Cent Jump In Revenue
1 month ago

Swiggy Q2: Losses Narrow To Rs 626 Crore, Firm Clocks 30 Per Cent Jump In Revenue

ABP News  

Food and grocery delivery firm Swiggy reported a revenue of Rs 3,601.5 crore in the July-September quarter, logging a gain of 30 per cent from Rs 2,763.3 crore reported in the corresponding period a year earlier. The online delivery company’s loss stood at Rs 626 crore in the second quarter of the current fiscal year 2024-25, narrowing 5 per cent …

Swiggy Q2 Results: Net loss narrows to ₹625.5 crore in first earnings post IPO, revenue up 39% YoY
1 month ago

Swiggy Q2 Results: Net loss narrows to ₹625.5 crore in first earnings post IPO, revenue up 39% YoY

Live Mint  

Swiggy Q2 Results: Food and grocery delivery platform Swiggy announced its July-September quarter results for fiscal 2024-25 on Tuesday, December 3, reporting a consolidated net loss of ₹625.5 crore driven by robust order growth in both its food delivery and quick commerce segments, compared to a loss of ₹657 crore in the corresponding period last year. Swiggy's revenue from operations …

India Inc's Q2 has been tepid. Is a recovery in sight?
1 month, 2 weeks ago

India Inc's Q2 has been tepid. Is a recovery in sight?

Live Mint  

India Inc. faced another challenging quarter in July-September as corporate earnings continued the recent trend of lukewarm performance. This was particularly evident in revenue growth, which hit a four-quarter low, dragging down net profit expansion for the fifth consecutive quarter, a Mint analysis showed. Costs surge An analysis of expense patterns shows that while aggregate spending held steady at 82% …

These companies post over 45% YoY rise in Q2 profits even as downgrades increase
1 month, 3 weeks ago

These companies post over 45% YoY rise in Q2 profits even as downgrades increase

Live Mint  

In its latest earnings review, Motilal Oswal Financial Services observed that earnings performance for the MOFSL Universe was in line with expectations, showing a 1 per cent year-on-year decline. Hindalco: Aditya Birla Group’s Hindalco Industries Ltd reported an impressive 123.3 per cent YoY increase in net profit, reaching ₹1,891 crore for Q2 FY25, driven by robust operational performance in its …

BHARAT DYNAMICS Q2 Results 2024: Profit Falls by 16.7% YOY
1 month, 3 weeks ago

BHARAT DYNAMICS Q2 Results 2024: Profit Falls by 16.7% YOY

Live Mint  

BHARAT DYNAMICS Q2 Results 2024:BHARAT DYNAMICS declared their Q2 results on 14 Nov, 2024, revealing a significant decline in profits and revenues compared to the same quarter last year. Earnings per Share for Q2 stood at ₹3.34, which marked a significant drop of 58.41% year-over-year, further highlighting the challenges faced by BHARAT DYNAMICS in maintaining profitability. As of 17 Nov, …

Jaiprakash Associates Q2 Results 2024 on 16 Nov, 2024: loss rise by 19.14% YOY, loss at ₹293 crore and revenue at ₹1373.67 crore
1 month, 3 weeks ago

Jaiprakash Associates Q2 Results 2024 on 16 Nov, 2024: loss rise by 19.14% YOY, loss at ₹293 crore and revenue at ₹1373.67 crore

Live Mint  

Jaiprakash Associates Q2 Results 2024:Jaiprakash Associates has declared its Q2 results for the fiscal year 2024 on November 14, revealing a concerning decline in performance. The company's revenue fell sharply by 27.53% year-on-year, amounting to ₹1373.67 crore, while losses increased by 19.14%, reaching ₹293 crore. In comparison to the previous quarter, Jaiprakash Associates experienced a decline in revenue of 17.78%, …

Sammaan Capital Q2 results 2024 on 16 Nov, 2024: loss at ₹2761Cr, Revenue increased by 8.75% YoY
1 month, 3 weeks ago

Sammaan Capital Q2 results 2024 on 16 Nov, 2024: loss at ₹2761Cr, Revenue increased by 8.75% YoY

Live Mint  

Sammaan Capital Q2 Results 2024:Sammaan Capital announced its Q2 results for 2024 on 14 Nov, revealing a significant loss of ₹2761 crore. Investors have been wary, as evidenced by the stock's performance; Sammaan Capital has seen a -6.95% return in the last week, -17.08% over the past six months, and a staggering -30.19% year-to-date. Currently, Sammaan Capital's market capitalization is …

Delhivery Q2 results 2024 on 15 Nov, 2024: profit at ₹10.2Cr, Revenue increased by 12.77% YoY
Trending News
1 month, 3 weeks ago

Delhivery Q2 results 2024 on 15 Nov, 2024: profit at ₹10.2Cr, Revenue increased by 12.77% YoY

Live Mint  

Delhivery Q2 Results 2024:Delhivery declared their Q2 results on 14 Nov, 2024, showcasing a topline increase of 12.77% year-on-year. Despite the positive quarterly results, Delhivery has faced challenges in the stock market, delivering a return of -6.6% in the past week, -26.59% over the last six months, and -15.08% year-to-date. The consensus recommendation as of 15 Nov, 2024, is to …

Honasa Consumer Q2 results 2024 on 15 Nov, 2024: loss at ₹18.57Cr, Revenue decreased by 6.91% YoY
1 month, 3 weeks ago

Honasa Consumer Q2 results 2024 on 15 Nov, 2024: loss at ₹18.57Cr, Revenue decreased by 6.91% YoY

Live Mint  

Honasa Consumer Q2 Results 2024:Honasa Consumer declared their Q2 results on 14 Nov, 2024, revealing a challenging quarter for the company. The topline revenue decreased by 6.91% year-over-year, and the company reported a loss of ₹18.57 crore, compared to a profit of ₹29.44 crore in the same period of the previous fiscal year. In the market, Honasa Consumer's stock has …

FirstCry parent firm Brainbees Solutions posts narrower loss of ₹63 crore in Q2; revenue rises 26% YoY
1 month, 3 weeks ago

FirstCry parent firm Brainbees Solutions posts narrower loss of ₹63 crore in Q2; revenue rises 26% YoY

Live Mint  

Brainbees Solutions, parent of FirstCry, on Thursday, November 14, reported a decline in consolidated net loss to ₹62.85 crore for the quarter ended September 2024 from ₹119.4 crore in the year-ago period. Operating performance remained strong in Q2 of fiscal 2024-25, with Brainbees Solutions reporting a 66 per cent growth in adjusted earnings before interest, tax, depreciation and amortisation at …

Ksb Q3 Results 2024 on 14 Nov, 2024: profit rise by 23.15% YOY, profit at ₹61.7 crore and revenue at ₹616.5 crore
1 month, 3 weeks ago

Ksb Q3 Results 2024 on 14 Nov, 2024: profit rise by 23.15% YOY, profit at ₹61.7 crore and revenue at ₹616.5 crore

Live Mint  

Ksb Q3 Results 2024:Ksb declared its Q3 results for 2024 on 13 Nov, 2024, reporting a topline increase of 9.37% year-over-year. As of 14 Nov, 2024, Ksb has received a Strong Buy rating from all analysts covering the company, reflecting a consensus recommendation for investors to consider purchasing shares. Overall, while Ksb's Q3 results indicate positive growth on a yearly …

Tata Motors Q2 Results: Drop in PAT, H2 outlook among 5 key highlights from automaker’s earnings show
2 months ago

Tata Motors Q2 Results: Drop in PAT, H2 outlook among 5 key highlights from automaker’s earnings show

Live Mint  

Tata Motors Q2 Results: Automaker Tata Motors on Friday, November 8, reported its second quarter results for the financial year 2025, wherein it witnessed a decline in both revenue and profits. Here are key takeaways from Tata Motor's Q2 earnings: PAT, revenue, margins dip The Tata group company reported an 11 per cent year-on-year fall in consolidated net profit to …

Tata Steel Q2 Results: Steelmaker posts net profit of ₹833 crore vs loss YoY, revenue falls 3%; Key highlights
2 months ago

Tata Steel Q2 Results: Steelmaker posts net profit of ₹833 crore vs loss YoY, revenue falls 3%; Key highlights

Live Mint  

Tata Steel Q2 Results: Tata Steel Ltd announced its July to September quarter results on Wednesday, November 6. Tata Steel shares closed 0.85 per cent higher at ₹153.60 after Wednesday's trading session, compared to ₹152.30 at the previous market close. Key Highlights to look out for: Revenue from operations: The company's revenue from operations fell 3 per cent to ₹53,489.73 …

DCM Shriram Q2 Results: A Strong Performance Despite Challenges
2 months, 1 week ago

DCM Shriram Q2 Results: A Strong Performance Despite Challenges

Live Mint  

DCM Shriram's Q2 financial results show a significant increase in profitability, with a 95.16% year-on-year rise in profit. However, there is a decline in revenue, with a 1.86% growth in the previous quarter compared to the same quarter last year. Despite this, the operating income shows a positive growth of 100.25%, indicating a robust turnaround.

Q2 Results, Maharashtra Candidates, Israel-Iran Conflict, New Zealand Dominates India
2 months, 1 week ago

Q2 Results, Maharashtra Candidates, Israel-Iran Conflict, New Zealand Dominates India

Live Mint  

Several leading companies released their second quarter results on Saturday, with some seeing significant improvements. The Indian stock market remained largely unchanged, with the BSE Sensex down 0.2%. Meanwhile, political parties in Maharashtra shared their candidate lists for the upcoming Assembly polls, with the BJP and the NCP both releasing 22 candidates each.

Paytm's Entertainment Ticketing Business Booms, Propelling Profit
2 months, 2 weeks ago

Paytm's Entertainment Ticketing Business Booms, Propelling Profit

Deccan Chronicle  

Paytm reports a net profit of Rs 928.3 crore in Q2, compared to a loss of Rs 290.5 crore a year ago. The company's entertainment ticketing business was a major contributor to this profit, with an exceptional gain of Rs 1,345 crore on account of the sale of entertainment ticketing business. The company's revenue from operations slumped 34.1 per cent …

Bajaj Housing Finance Soars 21% in Net Profit, First Earnings Since Listing
2 months, 2 weeks ago

Bajaj Housing Finance Soars 21% in Net Profit, First Earnings Since Listing

India Today  

Bajaj Housing Finance reports a significant increase in its net profit and revenue for the quarter ending September 2024. The company's net profit jumped by 21%, reaching Rs 546 crore, compared to Rs 451 crore in the same period last year. The revenue from operations also saw a rise of 26%, reaching Rs 2,410 crore. The company's net interest income …

Dr. Reddy's Laboratories Q1 results: Net profit down 0.74% despite revenue growing 13.86%
5 months, 1 week ago

Dr. Reddy's Laboratories Q1 results: Net profit down 0.74% despite revenue growing 13.86%

Hindustan Times  

Dr. Reddy's Laboratories Ltd has announced its first quarter results for the financial year 2024-25 on Saturday, July 27. Dr. Reddy's Laboratories' net profit was down 0.74% despite revenue growing 13.86% {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} {{^usCountry}} {{/usCountry}} How much was Dr. Reddy's Laboratories' revenue and net profit? The pharmaceuticals giant's consolidated revenue grew to ₹7,672.7 crore, which is a rise …

Stocks to watch: Tata Motors, ICICI Bank, Vedanta, Piramal Enterprises, Zomato
7 months, 3 weeks ago

Stocks to watch: Tata Motors, ICICI Bank, Vedanta, Piramal Enterprises, Zomato

Live Mint  

Tata Motors: The company reported a 222% surge in net profit to ₹17,407.2 crore in Q4FY24, driven by strong performance across all auto businesses. Kalyan Jewellers: The company reported a consolidated net profit at ₹1,374.93 crore for the March quarter, growing almost two times from ₹697.99 crore in the same quarter of the previous financial year. ABB India: The company …

Stocks to Watch: Adani Group, Mahindra & Mahindra, Zee, Hindalco, BHEL
10 months, 3 weeks ago

Stocks to Watch: Adani Group, Mahindra & Mahindra, Zee, Hindalco, BHEL

Live Mint  

Adani Group: US-headquartered ratings firm Moody's upgraded the ratings of two green energy firms and two electricity generation and distribution firms of the Adani Group following improved financials, timely debt repayments and a capital infusion by the group over the past year. On Tuesday, Moody's upgraded the ratings of four Adani firms to stable — Adani Green Energy Ltd, Adani …

Stocks to Watch: L&T, Dr Reddy’s, SRF, Voltas, TCS
11 months, 1 week ago

Stocks to Watch: L&T, Dr Reddy’s, SRF, Voltas, TCS

Live Mint  

L&T: Recorded 15% yoy growth in consolidated net profit at ₹2,947 crore for the December quarter. Dr Reddy’s Laboratories: Registered 10.6% yoy growth in consolidated net profit at ₹1,378.9 crore for the December quarter, despite higher tax cost. Voltas: Posted a net loss of ₹27.6 crore for the December quarter, narrowing from a loss of ₹110.5 crore a year ago …

Kotak Mahindra Bank Q3 results: Net profit rises 6.75% to ₹4,265 cr
11 months, 2 weeks ago

Kotak Mahindra Bank Q3 results: Net profit rises 6.75% to ₹4,265 cr

Hindustan Times  

Kotak Mahindra Bank on Saturday reported a 6.75 per cent growth in consolidated net profit to ₹4,264.78 crore in the December quarter. On a standalone basis, the private sector lender's profit after tax rose to ₹3,005.01 crore from ₹2,791.88 crore in the year-ago period, but was lower than the preceding September quarter's ₹3,190.97 crore. Its total income rose to ₹14,096 …

Paytm Q3 loss declines to Rs 220 crore, revenue surges 38 per cent
11 months, 3 weeks ago

Paytm Q3 loss declines to Rs 220 crore, revenue surges 38 per cent

India TV News  

One 97 Communications, the parent company of the fintech firm Paytm, announced a 38 per cent increase in third-quarter revenue attributed to the strong performance of its payments business and robust loan growth in the financial services segment. In Q3 FY24, Paytm reported a significant improvement in its net payment margin, which increased by 63 per cent to Rs 748 …

DJB losses pegged at ₹1,196 crore in 2021-22
1 year ago

DJB losses pegged at ₹1,196 crore in 2021-22

The Hindu  

The losses of the Delhi Jal Board for the financial year 2021-22 stood at ₹1,196.22 crore, according to data tabled in the Assembly. The data come in the wake of Chief Minister Arvind Kejriwal’s recommendation that the Comptroller and Auditor General of India examine the DJB’s accounts for the past 15 years. Replying to another query by Leader of the …

Powergrid Q2 result: Net profit grows 3.6% to ₹3,781 cr, revenue up marginally
1 year, 2 months ago

Powergrid Q2 result: Net profit grows 3.6% to ₹3,781 cr, revenue up marginally

Live Mint  

Powergrid Corporation of India posted a consolidated net profit of ₹3,781.4 crore in the second quarter of fiscal year 2023-24, as per the financial results declared by the state-run company on November 7. The net profit was higher by 3.6 percent as compared to ₹3,650.3 crore reported in the year-ago period. Sequentially, the net profit was up by 5 percent …

JK Lakshmi Cement shares zoom 6.7% as net profit grows 55% in Q2
1 year, 2 months ago

JK Lakshmi Cement shares zoom 6.7% as net profit grows 55% in Q2

Live Mint  

JK Lakshmi Cement, a part of JK Organisation, witnessed a notable 6.77% surge in its stock price, hitting a four-month high of ₹719.90 per share during Friday's early trading session, propelled by its impressive Q2FY24 performance. "The company's subsidiary, Udaipur Cement Works Ltd., successfully commissioned its second Clinker line of 1.50 million tonnes per annum in October 2023, whereby its …

Paytm Q2 results: Revenue rises 32%, net loss narrows to ₹292 crore
1 year, 2 months ago

Paytm Q2 results: Revenue rises 32%, net loss narrows to ₹292 crore

Live Mint  

Digital payments firm Paytm recorded a consolidate revenue from operations of ₹2,519 crore in the second quarter of fiscal year 2023-24, marking a growth of 32 percent as compared to ₹1,914 crore reported in the year-ago period. {{^adFree}} {{/adFree}} The Vijay Shekhar Sharma-led company posted a consolidated net loss of ₹292 crore during the quarter under review, which is 49 …

IndusInd Bank Q2 profit up 22% to ₹2,202 cr
1 year, 2 months ago

IndusInd Bank Q2 profit up 22% to ₹2,202 cr

Hindustan Times  

IndusInd Bank on Wednesday posted 22 per cent rise in consolidated net profit at ₹2,202 crore for September quarter 2023-24, aided by decline in bad loans and a rise in interest income. Total income increased to ₹13,530 crore during the quarter under review, as against ₹10,719 crore in the same period last year, IndusInd Bank said in a regulatory filing. …

Bandhan Bank Q2 profit jumps over 3-fold to ₹721 cr
1 year, 2 months ago

Bandhan Bank Q2 profit jumps over 3-fold to ₹721 cr

Hindustan Times  

Bandhan Bank on Wednesday reported over three- fold jump in net profit at ₹721 crore for the second quarter ended September 30, 2023. Bandhan Bank The Kolkata-headquartered private sector lender had posted a profit of ₹209.30 crore for the same quarter a year ago. On the asset quality front, the lender reported deterioration as gross non-performing assets rose to 7.32 …

Bandhan Bank Q2 net profit up 245% YoY to ₹721 crore
1 year, 2 months ago

Bandhan Bank Q2 net profit up 245% YoY to ₹721 crore

Live Mint  

Bandhan Bank for the quarter ending September'2023 saw its net profit rise 245% YoY to ₹721 crore compared to ₹209 Crore in the year ago quarter. Bandhan Bank's Net Interest Income improved to ₹2,443 crore in Q2 FY24 from ₹2,193 crore in Q2 FY23. Bandhan Bank Net NPA stood at around ₹2360 Crore at the end of Q2FY24 compared to …

Q2 Results impact: Jio Financial share price gains 3% as profit doubles in September quarter
1 year, 2 months ago

Q2 Results impact: Jio Financial share price gains 3% as profit doubles in September quarter

Live Mint  

Shares of Jio Financial Services rose over 3 percent to ₹232 on BSE on Tuesday after the company's profit doubled in the quarter ended September 2023 in its first results report after being carved out from Mukesh Ambani-led Reliance Industries. Its consolidated net profit surged 101.3 percent to ₹668.18 crore in the quarter under review versus ₹331.92 crore in the …

PB Fintech Q1 Results: Net loss narrows 94% YoY to ₹11.9 crore, revenue up 39%
1 year, 5 months ago

PB Fintech Q1 Results: Net loss narrows 94% YoY to ₹11.9 crore, revenue up 39%

Live Mint  

PB Fintech released their April to June quarter results on Monday and posted a net consolidated loss of ₹11.9 crore which was 94% lower year-on-year from net loss of ₹204 crore reported during the corresponding quarter previous fiscal. The total revenue of the company jumped 39% YoY, while the operating revenue jumped 32% to ₹666 crore during the Q1FY24 from …

Bajaj Hindusthan Sugar Q1: Net loss widens 65% YoY to ₹74.34 crore
1 year, 5 months ago

Bajaj Hindusthan Sugar Q1: Net loss widens 65% YoY to ₹74.34 crore

Live Mint  

Bajaj Hindusthan Sugar Limited released its Q1 results on Monday and reported a 65% year-on-year jump in its consolidated net loss. Notably, Bajaj Hindusthan Sugar Limited reported a net consolidated profit of ₹130.9 crore during Q4FY24. Segment-wise results Segment wise the sugar sector of the company reported a loss of ₹25.3 crore to ₹33.4 crore and the revenue of the …

Stocks to Watch: RIL, Axis Bank, TechM, Marico, IndiGo, Dr Reddy’s
1 year, 5 months ago

Stocks to Watch: RIL, Axis Bank, TechM, Marico, IndiGo, Dr Reddy’s

Live Mint  

Here are the top 10 stocks that could be in focus in today's trade: Reliance Industries: Jio Financial Services Ltd, the demerged financial lending arm of Reliance Industries Ltd, and BlackRock, the world’s largest asset manager, have joined hands to set up an asset management company with a combined investment of $300 million. Net interest income or core income jumped …

Delhivery Q3 earnings: Loss widens to ₹196 crore on-year basis, revenue falls
1 year, 10 months ago

Delhivery Q3 earnings: Loss widens to ₹196 crore on-year basis, revenue falls

Live Mint  

Logistics company Delhivery announced its third quarter earnings today. The company widened its consolidated loss for the quarter ended December 31, 2022 to ₹195.7 crore in the third quarter of the financial year 2023 compared to ₹126.5 crore during the same period last year. Total income also came in lower at ₹1,918 crore for the third quarter of financial year …

Kotak Mahindra Bank Q3 profit jumps 31% to ₹2,792 crore
1 year, 11 months ago

Kotak Mahindra Bank Q3 profit jumps 31% to ₹2,792 crore

Hindustan Times  

Private sector Kotak Mahindra Bank on Saturday reported a 31 per cent jump in its standalone profit at ₹2,792 in the quarter ended December 2022 aided by improvement in net interest income. The bank's total income increased to ₹11,099 crore in the latest December quarter from ₹8,260 crore in the year-ago period, the bank said in a regulatory filing. Net …

BHEL reports net profit of ₹10.3 cr in Q2FY23, power biz sales healthy
2 years, 1 month ago

BHEL reports net profit of ₹10.3 cr in Q2FY23, power biz sales healthy

Live Mint  

Leading government-owned power generation equipment manufacturer, Bharat Heavy Electricals reported a standalone net profit of ₹10.29 crore for the quarter ending September 30, 2022 period. During the quarter, sales stood around ₹4,927.95 crore in Q2FY23 versus ₹4,910.62 crore in Q2FY22 and ₹4,449.49 crore in Q1FY23. For the sixth month period of FY23, on a standalone basis, BHEL's overall net loss …

₹1k share turns to ₹4k in 2 yrs as this firm hits milestone in defence biz
2 years, 2 months ago

₹1k share turns to ₹4k in 2 yrs as this firm hits milestone in defence biz

Live Mint  

Solar Industries, a midcap company, has garnered tremendous growth in its share price, making many investors rich. Manish Nuwal, Managing Director & CEO, of Solar Industries India said, "Our Strategy to nurture Overseas businesses, expand in Non- Coal India Markets & Defence continue to boost our performance. Now after establishing ourselves in Indian ammunition markets, exports opportunities are providing us …

Stocks to Watch: SBI, Reliance, Indigo, Maruti, Dr Reddy’s, Powergrid
2 years, 2 months ago

Stocks to Watch: SBI, Reliance, Indigo, Maruti, Dr Reddy’s, Powergrid

Live Mint  

Here is the list of the top 10 stocks that will be in focus today: State Bank of India: The country's largest lender State Bank of India has become the country's most profitable firm with a consolidated net income of ₹14,752 crore in the September quarter of FY23. Triveni Engineering: Sugar firm Triveni Engineering & Industries Ltd on Saturday reported …

Reliance Q2 consolidated net profit dips to ₹13,656 cr, misses estimates
2 years, 2 months ago

Reliance Q2 consolidated net profit dips to ₹13,656 cr, misses estimates

Live Mint  

Mukesh Ambani-led Reliance Industries Limited on Friday posted a near-flat quarterly profit as export tax on refined fuels and weak refining margins dented performance at its mainstay oil-to-chemical business. The oil-to-telecom conglomerate reported a consolidated net profit for the second quarter ended September 2022 at ₹13,656 crore, down 0.2% YoY. The firm's consolidated operating profit in the quarter, including the …

₹1 lakh skyrocketed 1000 times to ₹17 Cr after 3 bonus shares: Buy the stock
2 years, 3 months ago

₹1 lakh skyrocketed 1000 times to ₹17 Cr after 3 bonus shares: Buy the stock

Live Mint  

With a market capitalization of ₹51,456.63 Crore, Torrent Pharmaceuticals Ltd. is a large cap company in the pharmaceutical industry. 17.22 Crore i.e.. Q1FY23 results of Torrent Pharma On a consolidated basis, the company reported net sales of ₹2347 Cr in the quarter ended June 2022 compared to ₹2134 Cr recorded in Q1FY22 which represents a YoY growth of 10%. The …

Kotak Bank’s profit up 26% YoY, see treasury loss of ₹857 crore
2 years, 5 months ago

Kotak Bank’s profit up 26% YoY, see treasury loss of ₹857 crore

Live Mint  

Kotak Mahindra Bank reported a 26% year-on-year jump in net profit, aided by higher credit and lower provisions. The private lender reported a net profit of ₹ ₹2,071.10 crore in the first quarter as against a net profit of ₹1,641.90 crore during the corresponding period last year. However, the bank’s net profit fell 25% on a sequential basis owing to …

Reliance Jio Q1 results: Net profit jumps nearly 24% to ₹4,335 crore
2 years, 5 months ago

Reliance Jio Q1 results: Net profit jumps nearly 24% to ₹4,335 crore

Live Mint  

Telecom giant, Reliance Jio registered a net profit of ₹4,335 crore in the quarter ending June 30, 2022 compared to a PAT of ₹3,501 crore in the same quarter last year - recording a growth of 23.82%. As of June 30, 2022, the company's net worth is around ₹2,02,132 crore compared to ₹1,86,475 crore as of June 2021. During the …

MobiKwik gets SEBI nod for ₹1,900 crore IPO
3 years, 3 months ago

MobiKwik gets SEBI nod for ₹1,900 crore IPO

The Hindu  

MobiKwik has received markets regulator SEBI's approval to launch an initial public offering, through which it plans to raise up to ₹1,900 crore. American Express Travel Related Services Company Inc, Bajaj Finance, Cisco Systems Pte Ltd, Sequoia Capital India Investment Holdings III, Sequoia Capital India Investments IV, Tree Line Asia Master Fund Pte Ltd, as well as the company's promoters …

Seven of top 10 companies lose over ₹1 lakh crore in market capitalisation
3 years, 9 months ago

Seven of top 10 companies lose over ₹1 lakh crore in market capitalisation

Hindustan Times  

Seven of the 10 most valued domestic companies witnessed a combined erosion of ₹1,07,566.64 crore from their market valuation last week, with Reliance Industries accounting for around half of the losses. The market capitalisation of Bajaj Finance plunged ₹16,197.55 crore to ₹3,12,327.04 crore and that of State Bank of India went lower by ₹12,494.45 crore to ₹3,18,697.88 crore. Kotak Mahindra …

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