Marico's Net Profit Soars 20.27%, Shares Rise 9.3%
1 month, 3 weeks ago

Marico's Net Profit Soars 20.27%, Shares Rise 9.3%

Hindustan Times  

Marico's share price rose by 9.3% today after the company announced its second-quarter earnings. The company saw a 20% jump in net profit compared to the same quarter of the previous year, reaching ₹433 crore. The company's revenue from operations grew 7.59% to ₹2,664 crore, while its total expenses rose 7.65% to ₹2,194 crore.

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Stock Check: Marico share price tanks nearly 20% from 52-week high; what’s the way ahead?
1 month ago

Stock Check: Marico share price tanks nearly 20% from 52-week high; what’s the way ahead?

Live Mint  

Stock Check: Marico share price slumped nearly 20% from its 52-week high level of ₹719.85, which was recorded on 3 October 2024. Marico share price has corrected nearly 12% in the last three months. Urban consumption revival to take six months According to a recent Reuters report, the company's managing director said that urban consumption is expected to take at …

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

Delhivery share price rallies 4% after posting net profit for second consecutive quarter. Should you buy the stock?
1 month ago

Delhivery share price rallies 4% after posting net profit for second consecutive quarter. Should you buy the stock?

Live Mint  

Delhivery share price rallied nearly 4% on Monday after the logistics company reported net profit for the second quarter in a row. Delhivery reported a consolidated net profit of ₹10.2 crore in the second quarter ended September 30, as against a loss of ₹103 crore in the year ago period. It retained a ‘Buy’ call on Delhivery shares and cut …

Top News on Nov 14: Market slides for 6th day, Reliance, Disney complete transaction, Q2 results, GRAP 3 In Delhi, more
1 month, 1 week ago

Top News on Nov 14: Market slides for 6th day, Reliance, Disney complete transaction, Q2 results, GRAP 3 In Delhi, more

Live Mint  

From Sensex, Nifty 50 sliding for 6th day to Reliance-Disney completing transaction to imposition of GRAP 3 In Delhi, here are today's top stories. Reliance, Disney complete transaction for $8.5-billion merger deal to create India’s largest media powerhouse Reliance-Disney merger: Mukesh Ambani-led Reliance Industries has completed the merger of its media assets with the India business of global media house …

Hindalco Industries Q2 Results Live: Profit Rises by 78.01% YOY
Trending News
1 month, 1 week ago

Hindalco Industries Q2 Results Live: Profit Rises by 78.01% YOY

Live Mint  

Hindalco Industries Q2 Results Live : Hindalco Industries declared its Q2 results on November 11, 2024, showcasing a robust performance with revenue increasing by 7.45% year-over-year and a remarkable profit surge of 78.01%. In terms of operating income, Hindalco reported a 2.95% increase compared to the previous quarter and a substantial 43% rise year-over-year, reflecting effective management and operational efficiency. …

Stocks to Watch: Britannia, ONGC, Hindalco, BEML, Shree Cement, and more
Trending News
1 month, 1 week ago

Stocks to Watch: Britannia, ONGC, Hindalco, BEML, Shree Cement, and more

Live Mint  

Here’s a quick look at stocks likely to be in focus in today's trade. Britannia Industries: FMCG major Britannia Industries Ltd reported a 10% decline in consolidated net profit for the quarter ended September 2024, amounting to ₹531 crore. Hindalco: Hindalco Industries reported a significant 123% growth in standalone net profit for the quarter ended September 2024, reaching ₹1,891 crore, …

NSE Q2 Results: Net profit rises 57% to ₹3,137 crore, total income up 25% YoY
1 month, 2 weeks ago

NSE Q2 Results: Net profit rises 57% to ₹3,137 crore, total income up 25% YoY

Live Mint  

New Delhi, Nov 4 The National Stock Exchange on Monday reported a 57 per cent year-on-year surge in consolidated net profit to ₹3,137 crore for the September quarter. The exchange posted a total income of ₹5,023 crore during the July-September period of the current financial year, up 25 per cent on a year-on-year basis. For the half-year ended September 30, …

Stocks to Watch: ICICI Bank, Yes Bank, Coal India, Inox Wind, Lodha, REC, and more
1 month, 3 weeks ago

Stocks to Watch: ICICI Bank, Yes Bank, Coal India, Inox Wind, Lodha, REC, and more

Live Mint  

The Indian stock market saw a mixed performance in the second quarter of 2023, with several major companies reporting strong financial results. ICICI Bank, Yes Bank, and REC reported significant increases in their net profits, while Coal India and Bharat Petroleum saw a decline in their profit margins. Inox Wind and DLF reported significant profit gains, while Bank of Baroda …

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

Stocks to watch: Airtel, ONGC, Adani Energy, Tata Chem, Marico, Aster DM Health
4 months, 2 weeks ago

Stocks to watch: Airtel, ONGC, Adani Energy, Tata Chem, Marico, Aster DM Health

Live Mint  

Bharti Airtel: The company posted a net profit of ₹4,160 crore for the quarter ended June, doubling sequentially and jumping 158% from a year ago due to exceptional gains from a favourable tax judgement and divestment of its Sri Lankan operations. BLS International Services: The company reported a 70.1% YoY jump in net profit to ₹120.8 crore for Q1FY25, with …

Stocks to watch: Ambuja Cements, Maruti, Sun Pharma, M&M, Adani Power, Infosys
4 months, 3 weeks ago

Stocks to watch: Ambuja Cements, Maruti, Sun Pharma, M&M, Adani Power, Infosys

Live Mint  

Ambuja Cements: The company reported a consolidated profit of ₹646.31 crore for Q1FY25, a 28.6% YoY decline due to rising expenses and lower revenues. Tata Steel: The company reported a 51% jump in consolidated net profit to ₹960 crore for Q1FY25, up from ₹634 crore YoY, but missed analysts’ expectations of ₹1,025 crore. Redington: The company reported a 15% YoY …

Marico share price jumps over 8% after Q4 results: Should you buy, sell or hold?
7 months, 2 weeks ago

Marico share price jumps over 8% after Q4 results: Should you buy, sell or hold?

Hindustan Times  

Marico share price: The share price of Marico rose over 8% today as brokerages remained bullish on the stocks following the company's Q4 results. Marico share price: Marico reported a consolidated net profit of ₹ 320 crore in the fourth quarter of FY24- marking a growth of 4.9% from the year-ago period. The brokerage upgraded Marico to ‘Buy’ from ‘Hold’ …

Stocks to Watch: Adani Group, Mahindra & Mahindra, Zee, Hindalco, BHEL
10 months, 1 week 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 …

BSE Q2 net profit jumps to Rs 118 crore, revenue at record Rs 367 crore
1 year, 1 month ago

BSE Q2 net profit jumps to Rs 118 crore, revenue at record Rs 367 crore

India TV News  

New Delhi: Leading stock exchange BSE has reported a four-fold jump in net profit at Rs 118.4 crore for the quarter ended in September 2023. The bourse's revenue rose 53 per cent to a record Rs 367 crore in the July-September quarter of the current financial year, from Rs 240 crore in the year-ago period. The exchange's average daily turnover …

Stocks to Watch: Tata Motors, GAIL, Airtel, TVS Motor, Marico, Power Grid, and Others
1 year, 1 month ago

Stocks to Watch: Tata Motors, GAIL, Airtel, TVS Motor, Marico, Power Grid, and Others

News 18  

Stocks To Watch On October 31: GIFT Nifty on the NSE IX traded 2 points, or 0.01 per cent, lower at 19,223.50, signaling that Dalal Street was headed for muted start on Tuesday. Marico: Marico’s Q2 earnings were below estimates with its net profit rising 17.3 per cent to Rs 353 crore, missing analysts’ average estimate of Rs 357 crore. …

Q2 results today: PNB Housing, Torrent Pharma, NDTV, others to announce earnings
1 year, 2 months ago

Q2 results today: PNB Housing, Torrent Pharma, NDTV, others to announce earnings

Live Mint  

Q2 results today: During the second week of the quarterly earnings session, a number of banks and prominent FMCG companies, including ITC and Hindustan Unilever, released their Q2 results. Investors are focused on giants like New Delhi Television Ltd, PNB Housing Finance Ltd, and Torrent Pharmaceuticals Ltd among the 15. Here's the list of companies those will report their Q2FY24 …

Bajaj Auto Q2 Results Preview: Net profit may rise 13%; revenue seen up 5% YoY
1 year, 2 months ago

Bajaj Auto Q2 Results Preview: Net profit may rise 13%; revenue seen up 5% YoY

Live Mint  

Bajaj Auto, the two and three-wheeler manufacturer, will announce its financial results for the second quarter of FY24 on Wednesday, 18 October 2023. For Bajaj Auto, net profit in Q2FY24 is expected to rise 13.6% to ₹1,738 crore from ₹1,530 crore in the same quarter last year, as per average estimates of analysts. Analysts expect earnings before interest, tax, depreciation …

Mint Explainer: How did ONGC double its consolidated net profit in Q1?
1 year, 4 months ago

Mint Explainer: How did ONGC double its consolidated net profit in Q1?

Live Mint  

State-run ONGC reported a 102.6% rise in its consolidated net profit for the first quarter of FY24 at ₹17,383 crore, despite gross revenue falling 10.4% to ₹1.63 lakh crore. Total crude oil production declined 3.3% on-year to 5.311 million metric tonnes during the June quarter. Oil India Ltd reported a 3.7% rise in net profit for the April-June quarter to …

Marico Q1 Results: Consolidated PAT up 15% to ₹436 crore, revenue slips 3%
1 year, 4 months ago

Marico Q1 Results: Consolidated PAT up 15% to ₹436 crore, revenue slips 3%

Live Mint  

Homegrown FMCG major Marico Ltd on Friday reported 15per cent increase in its consolidated net profit to ₹436 crore for the first quarter ended June 30,2024. However, Marico said, domestic business registered a volume growth of 3 per cent, though it was subdued by one-off channel inventory adjustments on account of - destocking by trade in Saffola Oils, owing to …

Bajaj Finance share price rises over 2% after Q1 results; should you buy it?
1 year, 4 months ago

Bajaj Finance share price rises over 2% after Q1 results; should you buy it?

Live Mint  

Shares of Bajaj Finance climbed over 2 per cent in early deals on BSE on Thursday a day after the company reported its June quarter scorecard. Brokerage firm Motilal Oswal Financial Services maintained a buy call on Bajaj Finance stock with a target price of ₹8,800, implying an 18 per cent upside. "Bajaj Finance’s Q1FY24 reported PAT jumped 32 per …

Bajaj Auto Q1 Results: Net profit rises 42% on year to ₹1,664.77 crore
1 year, 4 months ago

Bajaj Auto Q1 Results: Net profit rises 42% on year to ₹1,664.77 crore

Live Mint  

Bajaj Auto Ltd on Tuesday reported an 42% year-on-year rise in its net profit for the fiscal's first quarter ended June to ₹1,664.77 crore. The company's total revenue from operations rose nearly 29% on year to ₹10,309.77 crores during the quarter ended June from ₹8,004.97 crore in Q1FY23. All businesses contributing to the solid delivery - robust double digit motorcycle …

FMCG, Auto and Realty lift Sensex by 170 pts; Nifty ends 45 pts higher
1 year, 7 months ago

FMCG, Auto and Realty lift Sensex by 170 pts; Nifty ends 45 pts higher

Live Mint  

Global cues and corporate earnings are the factors directing the domestic market sentiment, and amidst fears of impeding global recession, investors are choosing caution. Nestle India shines as it leads the stock charts and gains 1.5% in today's session View Full Image Nestle India Yes Securities Report on AU Small Finance Bank and HDFC Asset Management Company AU Small Finance …

Marico expected to post low single-digit Q4 consolidated revenue
1 year, 8 months ago

Marico expected to post low single-digit Q4 consolidated revenue

Live Mint  

FMCG major Marico Ltd on Monday that the firm's consolidated revenue will be in low single digit in the March quarter on a year-on-year basis with gradual recovery with year-on-year volume trends as urban and premium categories being stable. Marico noted that FMCG sector witnessed gradual recovery with year-on-year volume trends improving in each quarter. In terms of India business, …

Marico to pay ₹4.50 per share dividend. Know details of important dates
1 year, 9 months ago

Marico to pay ₹4.50 per share dividend. Know details of important dates

Live Mint  

FMCG major Marico on Monday declared an interim dividend of ₹4.50 per equity share for its shareholders. As per the regulatory filing, Marico declared an interim dividend of ₹4.50 per share having a face value of ₹1 each. Marico said "the record date for reckoning the list of shareholders who shall be entitled to receive the said interim dividend shall …

Marico, Emami, Praj Ind, and others in focus post Q3: Buy, Hold, or Sell?
1 year, 10 months ago

Marico, Emami, Praj Ind, and others in focus post Q3: Buy, Hold, or Sell?

Live Mint  

Stocks of Marico, Emami, Kansai Nerolac, JK Tyre, and Praj Industries will be in focus this week after their Q3 earnings print. Emami: During the third quarter, Emami posted a 6.12% growth in net profit to ₹232.97 crore versus ₹219.52 crore in Q3 of the previous fiscal. Praj Industries: In Q3FY23, Praj Industries garnered 68.17% growth in consolidated net profit …

Marico Q3 net profit rises 5% to ₹333 cr, revenue up by 2.6%
1 year, 10 months ago

Marico Q3 net profit rises 5% to ₹333 cr, revenue up by 2.6%

Live Mint  

FMCG major Marico on Friday reported a 5 per cent rise in its net profit to ₹333 crore during the third quarter ended December 2022. “During the quarter, the FMCG sector in India showed some signs of a gradual improvement in overall demand trends, in addition to the festive spirit and oncoming winter season providing some fillip to specific categories. …

TCS Q3 earnings: Here is what to what to expect from the stock today
1 year, 11 months ago

TCS Q3 earnings: Here is what to what to expect from the stock today

Live Mint  

IT giant Tata Consultancy Services missed estimates in terms of profitability and margins for the quarter ending December 31, 2022. In December 2022 quarter, TCS garnered a net profit of ₹10,846 crore attributable to shareholders on a consolidated basis up by 11.02% YoY and 3.98% QoQ. This gives us greater confidence in our ability to steer our profitability towards our …

FMCG company Emami declares 400% dividend, posted muted performance in Q2
2 years, 1 month ago

FMCG company Emami declares 400% dividend, posted muted performance in Q2

Live Mint  

With a market valuation of ₹20,511 Cr, Emami Limited is a large-cap company that engages in the FMCG industry. The Holding company has fixed November 21, 2022, as the Record Date for the purpose of determining shareholders entitled to receive the said Interim Dividend.” The company declared net sales of ₹807.36 crore in Q2FY23 compared to ₹777.1 crore in Q2FY22, …

Stocks to Watch: Adani Ports, TechM, Infosys, Airtel, ONGC, UPL
2 years, 1 month ago

Stocks to Watch: Adani Ports, TechM, Infosys, Airtel, ONGC, UPL

Live Mint  

Here is the list of the top 10 stocks that will be in focus today: Adani Ports: Adani Ports and Special Economic Zone posted a 33% year-on-year rise in revenue to ₹5211 crore in Q2FY23 while EBITDA rose to 31% to ₹3260 crore. Tech Mahindra: Country's fifth largest IT services exporter Tech Mahindra on Tuesday reported a 4% year-on-year decline …

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 …

Marico’s Q2 update fails to lift spirits
2 years, 2 months ago

Marico’s Q2 update fails to lift spirits

Live Mint  

Marico Ltd’s quarterly update for the three months ended September is a bit underwhelming. This also means that the company’s margins would fall sequentially in Q2 by around 310 basis points. iPhone sales in India headed for another record IT companies likely to slash campus hiring in FY24 What lies next for India’s shaky exports story Against this backdrop, 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 …

Marico Q1 Results: Net Profit Rises 3.28% To Rs 377 Crore; Revenue Up 1.3%
2 years, 4 months ago

Marico Q1 Results: Net Profit Rises 3.28% To Rs 377 Crore; Revenue Up 1.3%

News 18  

Marico has posted a 3.28 per cent rise in its consolidated net profit to Rs 377 crore for the June 2022 quarter, compared with Rs 365 crore in the corresponding period last year. The FMCG company’s revenue from operations during April-June 2022 increased 1.3 per cent to Rs 2,558 crore, against Rs 2,525 crore in the year-ago period. Its revenue …

Maruti Suzuki reports more than two-fold rise in net profit to ₹1,036 crore in Q1
2 years, 4 months ago

Maruti Suzuki reports more than two-fold rise in net profit to ₹1,036 crore in Q1

The Hindu  

Maruti Suzuki India on Wednesday reported a more than two-fold jump in consolidated net profit to ₹1,036 crore for the first quarter ended June 30, mainly due to a low base in the year-earlier period. The auto major had posted a net profit of ₹475 crore in the COVID-hit April-June quarter of the last fiscal. Net sales rose to ₹26,512 …

Top Stocks to Watch Today: HDFC, Adani Green, Dabur, Tech M, and Others
2 years, 10 months ago

Top Stocks to Watch Today: HDFC, Adani Green, Dabur, Tech M, and Others

News 18  

On Tuesday, the Sensex closed at 58,862.57, 848.40 points higher, while the Nifty50 ended the session at 17,576.85 up. Tech Mahindra The company reported 6.8 per cent rise in December quarter net profit at Rs 1,378.2 crore, with the growth in profits being compressed by supply-side challenges. Adani Ports Adani Ports and Special Economic Zone on Tuesday reported a 6.20 …

GAIL Q1 result: Net profit grows 500% to ₹1,530 cr as sales, margin rise
3 years, 4 months ago

GAIL Q1 result: Net profit grows 500% to ₹1,530 cr as sales, margin rise

Live Mint  

GAIL India reported a 500 per cent increase on-year in net profit for the quarter ended June 30, 2021, as sales and margin in gas as well as petrochemicals grew. India's largest gas marketer and transporter saw natural gas transmission and natural gas marketing volumes increase by 19 per cent and 18 per cent respectively as compared with corresponding quarter …

Muthoot Finance Q2 profit rises 2.5% to ₹931 crore
4 years, 1 month ago

Muthoot Finance Q2 profit rises 2.5% to ₹931 crore

Live Mint  

Muthoot Finance on Tuesday reported a 2.5% increase in consolidated net profit at ₹930.80 crore for the second quarter ended September of the current fiscal year. The results include financial numbers from its subsidiaries -- Muthoot Homefin Ltd, Belstar Microfinance Ltd, Muthoot Insurance Brokers Pvt Ltd, Muthoot Money Ltd and Sri Lankan subsidiary Asia Asset Finance Plc. "We are glad …

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