Quarterly Results LIVE UPDATES: Q1FY23 - How companies performed financially in Q1
Quarterly Results LIVE UPDATES: Q1FY23 - How companies performed financially in Q1
Quarterly Results LIVE UPDATES: Various companies are announcing their Q1FY23 Results. Here is all you need to know about the financial performance of various companies in first quarter of FY23. Check Quarterly Results LIVE UPDATES here:-
Latest Updates
SBI Life's Q1 FY23 financial results: SBI Life Insurance has registered New Business Premium of Rs. 5,591 crores for the quarter ended on 30th June, 2022.
PNB Housing Finance net profit dips 3.4 pc to Rs 235 crore in April-June
NIIT Q1 net profit falls 14% to Rs 44.3 cr
Sundaram Home Finance clocks Q1 net profit at Rs 47.26 cr
Olectra Greentech net profit jumps multifold to Rs 18.8 cr in Jun qtr
NAM India quarterly profit falls 37 pc to Rs 114 crore
TVS Motor Company Posts Highest Ever Revenue, EBITDA and Profit in Q1
TVS Motor Company reported operating revenue of Rs. 6,009 Crores for the quarter ended June 2022 as against Rs. 3,934 Crores reported in the quarter ended June 2021.
The Company reported EBITDA of Rs. 599 Crores for the first quarter of 2022-23 as against EBITDA of Rs. 274 Crores in first quarter of 2021-22.
Company’s EBITDA margin for the quarter is at 10% as against EBITDA margin of 7% reported in first quarter of 2021-22.
The Company reported Profit Before Tax (PBT) of Rs.432 Crores in the first quarter of 2022-23 as against of Rs. 102 Crores in the first quarter of 2021-22. During the current quarter, the Company reported Profit After Tax (PAT) of Rs. 321 Crores as against Rs. 53 Crores during first quarter of 2021-22.
The first quarter numbers are not strictly comparable with the first quarter of last year due to lockdo
Dr Reddy's PAT up 108% at Rs 1,188 crore in Q1
Nestle India Q2 profit falls 4.3 pc to Rs 515.34 cr, net sales up 15.7 pc to Rs 4,006.86 cr
Bajaj Finserv June qtr net jumps 57 pc to Rs 1,309 cr
Bajaj Finserv on Thursday reported a 57 per cent jump in net profit at Rs 1,309 crore in the first quarter ended June 30, on healthy earnings by its subsidiary companies.
ArcelorMittal on Thursday posted a 2 per cent decline in its net income at USD 3,923 million for the second quarter ended June 30, 2022.
SBI Card Q1 net profit rises two-fold to Rs 627 cr
SBI Cards and Payment Services Ltd (SBI Card) on Thursday reported a two-fold rise in net profit to Rs 627 crore in the first quarter ended June 30, due to a decline in delinquencies.
Shree Cement Q1 net profit falls 55.8 pc to Rs 278.86 cr
Shree Cement Ltd on Thursday reported a decline of 55.8 per cent in its consolidated net profit to Rs 278.86 crore for the first quarter ended June 30.
Jubilant FoodWorks profit rises 63 pc to Rs 112.58 crore; revenue up 40.5 pc in April-June
Jubilant FoodWorks, operator of fast-food chains Domino's Pizza and Dunkin' Donuts, on Thursday reported a 63.01 per cent increase in its consolidated net profit at Rs 112.58 crore in the April-June quarter.
Dr Lal PathLabs Q1 net profit dips 57 pc to Rs 58 cr
Diagnostic services provider Dr Lal Path Labs on Thursday said its consolidated net profit declined 57 per cent to Rs 58 crore for the first quarter ended June 30.
Its net profit stood at Rs 102.61 crore in the year-ago period. The total income rose to Rs 1,371.32 crore in the first quarter of this fiscal from Rs 698.93 crore in the corresponding period of the previous year, according to a regulatory filing.
Chemicals and textile manufacturers GHCL June quarter net profit jumps over 3-fold to Rs 355.27 cr
NOCIL Ltd on Thursday reported a 40 per cent increase in its consolidated net profit to Rs 66.48 crore for the quarter ended June 30.
Its profit stood at Rs 47.41 crore in the year-ago period.
NOCIL Q1 profit rises 40 pc to Rs 66.48 cr
Commenting on the results, co-chairman and MD G V Prasad said, "Our underlying business revenues adjusted for Covid products contribution during last year have grown well. The profits were aided by a few non-recurring incomes, offsetting the near-term headwinds. We continue to improve the health of our core businesses through productivity improvement and robust product pipelines."
The increase was mainly on account of recognition of income from settlement agreement with Indivior Inc., Indivior UK Limited and Aquestive Therapeutics, Inc., resolving all claims between the parties relating to the generic buprenorphine and naloxone sublingual film, Dr Reddy's said in a press release.
Backed by a substantial rise in other income, Dr Reddy's Laboratories Ltd on Thursday said its consolidated profit after tax (PAT) for the quarter ended June 30, 2022 was up by 108 per cent at Rs 1187.6 crore against Rs 570.8 crore in the same quarter a year ago.
Revenues during the quarter under discussion were up by six per cent to Rs 5,215.4 crore compared to Rs 4,919.4 crore in the first quarter of FY '22.
Dr Reddy's PAT up 108% at Rs 1,188 crore in Q1
Lagnam Spintex Q1FY23 Results: Lagnam Spintex Limited has announced its results for the period ended on June 30, 2022 in its board meeting held on 28th July 2022. Company also announced the Financial Closure for their upcoming Expansion project of Rs 218 crores, as per an official statement.
The revenue from exports grew to Rs. 49.98 crores compare to Rs 40.78 crores in Q1FY22, a jump of more than 22%, the statement added.
The loss in the year-ago period was due to the impact of second wave of COVID-19, Mahindra & Mahindra Financial Services (Mahindra Finance) said.
The company had posted a net loss of Rs 1,573.40 crore in April-June 2021-22.
Mahindra & Mahindra Financial Services on Thursday reported a consolidated net profit of Rs 240 crore for June quarter aided by fall in expenses and higher income from business operations.
Mahindra Finance Q1 profit at Rs 240 cr
Its consolidated income during the April-June period increased to Rs 39,355 crore from Rs 29,151 crore last year.
The company had posted a consolidated net profit of Rs 4,224 crore in the year-ago period, Vedanta Ltd said in a regulatory filing.
Vedanta Limited on Thursday reported a marginal 4.6 per cent rise in consolidated net profit at Rs 4,421 crore for the quarter ended June.
Vedanta Q1 profit rises to Rs 4,421 crore
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