Management says demerger still under discussion, no timeline
Jammu and Kashmir Election Results 2024: After the election victory of Congress-NC alliance, party chief Farooq Abdullah said that Omar Abdullah will be the Chief Minister of Jammu and Kashmir
Strap: WBJEE ANM, GNM Results 2024: The West Bengal Joint Entrance Examinations Board (WBJEEB) has released the results of the ANM and GNM exams. Check details
The Uttar Pradesh Public Service Commission (UPPSC) has declared the Combined State Agriculture Service (Prelims) Exam 2024 results today. Here's the steps to check and download
The NTA may release the CSIR UGC NET 2024 result soon. Know more about the status of cut-off, normalization method, categories, toppers, and more.
Square Yards, which is mainly into housing and home loan brokerage business, has reported 66 per cent increase in gross profit at Rs 25 crore for June quarter FY25 on higher income. Its gross profit stood at Rs 15 crore in the year-ago period. Total revenue rose 52 per cent to Rs 261 crore as against Rs 172 crore in the year-ago period. Out of the total revenue, the turnover of India business grew 49 per cent to Rs 217 crore. The company also has presence in Dubai market. "Q1 has consistently contributed 16-18 per cent of our overall revenue, and based on this trend, we project revenue for FY25 to align with our forecast of Rs 1,506 crore (USD 180 million)," stated Tanuj Shori, Founder and CEO, Square Yards.
A total of 4,866 and 1,315 candidates completed the Intermediate and Final courses, respectively. Here's how to check and download ICMAI CMA June results 2024
The Andhra Pradesh State Council of Higher Education (APSCHE) seat allotment result has been released today, August 20, 2024. Here's how to check and download
Beginning this quarter, the company will give next-generation security annual recurring revenue as the key financial metric for revenue projections both quarterly and annually, CFO Dipak Golechha said
IL&FS Financial Services (IFIN), a group company of debt-ridden IL&FS Ltd, has incurred a cumulative loss of Rs 5,654 crore for the five-consecutive fiscals -- from FY14 to FY18, according to the revised balance sheet of the firm undergoing resolution process. However, as per the original balance sheet, the company had earned a total profit of Rs 1,015 crore during the five-year period. Following the recast, the company is exploring the option of seeking a refund of income tax paid from the Income Tax for these years. In June this year, the National Company Law Tribunal (NCLT) asked the newly-appointed board of the IL&FS group to file a revised balance sheet, along with its two other subsidiaries. Moreover, its total income also went down to Rs 7,777 crore on an aggregate basis during those five years against Rs 10,297 crore reported earlier, revealed the updated financial results. The company's new board has completed the reopening and recasting of financials and the ...
Foxconn said it would start product delivery for AI semiconductor leader Nvidia's GB200 chip in the fourth quarter in small volumes, which would rise further in early 2025
LIC has booked a profit of Rs 15,500 crore in Q1FY25 from its equity investments
For the quarter, the India Branded Business segment saw a 9 per cent growth, reaching Rs 572 crore
Sequentially, ABB India's profit dipped 4 per cent, while revenue slipped 8 per cent
Realty firm Unitech Ltd on Thursday reported a consolidated net loss of Rs 1,206 crore in the first quarter of FY25. The company had posted a net loss of Rs 702.97 crore in the year-ago period. Total income declined to Rs 84.04 crore in the April-June quarter of this fiscal from Rs 91.09 crore in the corresponding period of the previous year, according to a regulatory filing. On January 20, 2020, the Supreme Court directed that the Board of Directors of Unitech Ltd, as existing on that date, be superseded with immediate effect in order to facilitate the taking over of management by the new board constituted in terms of the proposal submitted by the central government.
Tata Power on Tuesday said it has logged 31 per cent rise in consolidated net profit at Rs 1,189 crore, compared to the year-ago period, on back of operational efficiency. "At Rs 1,189 crore, growing 31 per cent YoY (year-on-year), the company reported its highest ever and 19th consecutive quarter of PAT growth on the back of strong operational performance and execution excellence across all its businesses of generation, transmission & distribution, and renewables," Tata Power said in a statement. According to the statement, these businesses contributed 84 per cent of the PAT (net profit) in Q1FY25, compared to 72 per cent in the same period in FY24. The statement showed that the consolidated net profit before exceptional items was Rs 906 crore in the quarter ended June 30, 2023. The company's revenue rose 12 per cent YoY to a record high of Rs 16,810 crore (from Rs 15,003 crore in Q1 FY24), and EBITDA grew 11 per cent to Rs 3,350 crore in the reported quarter (from Rs 3,005 crore
Additionally, the company's Q1 FY25 revenue included Rs 707 crore from real estate, Rs 259 crore from leasing, and Rs 118 crore from hospitality
During the quarter that ended on June 30, the company launched over 330 original recreations in various languages including Hindi, Bhojpuri, Gujarati, Punjabi, Tamil, among others
Lubes maker Castrol India Limited reported a marginal 3 per cent growth in profit after tax (PAT) to Rs 232 crore for the June 2024 quarter. The company had posted a PAT of Rs 225 crore in the April-June period of 2023. The revenue from operations during the second quarter rose 5 per cent to Rs 1,398 crores compared to Rs 1,334 crore in the corresponding quarter of the previous year, Castrol India said. Castrol India follows the January-December period of the year for financial reporting. "Our balanced focus on volumes and margins, along with our commitment to innovation and brand building, has driven revenue growth," Deepesh Baxi, Chief Financial Officer at Castrol India Limited, said. Looking ahead, the ongoing innovations in products and services, coupled with strategic brand investments, will sustain our growth momentum, he said. "Potential stabilisation of input costs in the latter half of the year could signal a positive trend for the industry," Baxi added.