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Anant Raj Q2 profit up 76 percent to Rs 105.58 crore; plans to raise up to Rs 2,000 crore via QIP

Anant Raj Q2 profit up 76 percent to Rs 105.58 crore; plans to raise up to Rs 2,000 crore via QIP

Tue, Oct 29, 2024

Realty firm Anant Raj Ltd's consolidated net profit rose 76 per cent to Rs 105.58 crore in the second quarter of this fiscal and it plans to raise up to Rs 2,000 crore through the issue of securities to institutional investors.

Central Bank of India Q2 Results: Net profit surges 51% to Rs 913 crore

Central Bank of India Q2 Results: Net profit surges 51% to Rs 913 crore

Thu, Oct 17, 2024

State-owned Central Bank of India on Thursday posted a 51 per cent jump in profit at Rs 913 crore in the second quarter ended September 2024.

Bank of Maharashtra presented results, profit increased from ₹882 Cr to ₹1,293 Cr (YoY)

Bank of Maharashtra presented results, profit increased from ₹882 Cr to ₹1,293 Cr (YoY)

Mon, Jul 15, 2024

Bank of Maharashtra presented results, profit increased from ₹882 Cr to ₹1,293 Cr (YoY), Gross NPA decreased from 1.88% to 1.85% (QoQ), Net NPA unchanged at 0.2% (QoQ), NII increased from ₹2,340 Cr. ₹2,800 Cr (YoY).

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India Inc's sales growth slows to 0.1%

India Inc's sales growth slows to 0.1%

Thu, Oct 27, 2016

RBI said, "Expenditure, at the aggregate level, continued to contract, though at a lower rate as compared with the previous quarter. This resulted in a slowdown in operating profit at the aggregate level."

Idea's net profit slumps 88% due to fierce competition

Idea's net profit slumps 88% due to fierce competition

Mon, Oct 24, 2016

Idea Cellular in its Q2 results reported an 88% decline in its net profit as fierce competition in the telecom industry saw it offering cheaper voice and data plans. The company's net profit declined to Rs 91.4 crore in Q2 FY17 from Rs 762.2 crore in the same quarter last year.

HCL Technologies' Q2 consolidated net profit up nearly 16%; stock up 3.17%

HCL Technologies' Q2 consolidated net profit up nearly 16%; stock up 3.17%

Fri, Oct 21, 2016

HCL Technologies on Friday posted nearly 16% rise in its consolidated net profit for the second quarter (Q2) ended on September 30, 2016.

LIC Housing Finance's net profit rises by 20% to Rs 495 crore

LIC Housing Finance's net profit rises by 20% to Rs 495 crore

Thu, Oct 20, 2016

LIC Housing Finance's Q2 performance beat estimates as the company reported net profit of Rs 494.76 crore for September 30, 2016, witnessing rise of 20.16% year-on-year (yoy) and quarter-on-quarter (qoq).

Mastek shares soar 14% on robust Q2 net profit

Mastek shares soar 14% on robust Q2 net profit

Tue, Oct 18, 2016

Abhishek Singh, Group CFO, Mastek said,"The financial performance was in line with our expectations. The margin improvement initiatives started in prior quarters have started to yield result. While we expect topline to be under pressure due to adverse movement in GBP, we expect the profitability momentum to continue in H2 FY17."

Zensar Technologies tumble 4% as net profit declines

Zensar Technologies tumble 4% as net profit declines

Tue, Oct 18, 2016

In quarter ended September 30, 2016, the company reported net profit of Rs 74.54 crore, a decline of 22.81% from Rs 96.57 crore a year ago same period.

Ultratech Cement net profit rises by 25% to Rs 614.30 crore

Ultratech Cement net profit rises by 25% to Rs 614.30 crore

Mon, Oct 17, 2016

Ultratech Cement reported consolidated net profit of Rs 614.30 crore for second quarter September 30, 2016 (Q2FY17), a rise of 25.26% year-on-year (yoy) but a decline of 21.25% quarter-on-quarter (qoq).

IndusInd Bank Q2 net profit at Rs 704 crore; contingencies up 35%

IndusInd Bank Q2 net profit at Rs 704 crore; contingencies up 35%

Wed, Oct 12, 2016

IndusInd Bank’s net profit for the second quarter ended September 30, 2016 (Q2FY17) stood at Rs 704.26 crore, registering growth of 25.75% year-on-year (yoy) basis and 6.48% quarter-on-quarter (qoq).

Festive demand, Pay Commission to boost auto sector's second quarter numbers

Festive demand, Pay Commission to boost auto sector's second quarter numbers

Tue, Oct 11, 2016

Hitesh Goel and Nishit Jalan analyst of Kotak Institutional Equities said, “We expect a strong quarter for automobile companies in our coverage universe led by strong demand as manufacturers push inventory ahead of the festive season.”

This is how India Inc's second quarter performance may shape up

This is how India Inc's second quarter performance may shape up

Mon, Oct 10, 2016

Prasad Koparkar, Senior Director, CRISIL Research said," The second quarter, we expect sectors focused on urban and rural consumption such as automobiles and retail, along with pharmaceuticals and IT services, to record double-digit revenue growth.”

South Indian Bank's Q2 net profit at Rs111 crore, provisions rise

South Indian Bank's Q2 net profit at Rs111 crore, provisions rise

Fri, Oct 07, 2016

South Indian Bank reported net profit of Rs 110.52 crore for the second quarter ended September 30, 2016 (Q2FY17), registering growth of 18.35% year-on-year and 16.26% on a quarter-on-quarter basis.

Goa Carbon back in black; shares soar 15%

Goa Carbon back in black; shares soar 15%

Thu, Oct 06, 2016

Manufacturer of Calcined Petroleum Coke Goa Carbon on Wednesday, reported a net profit of Rs 4.62 crore in second quarter ended September 30, 2016 as against a net loss of Rs 2.96 crore in the similar period of the previous year.

Rcom's net profit declines by 6% on migration of CDMA customers to 4G LTE

Rcom's net profit declines by 6% on migration of CDMA customers to 4G LTE

Wed, Sep 14, 2016

June quarter result was impacted by migration of CDMA (code division multiple access) customers to 4G LTE, said the company.

NBCC net profit rises by 12% to Rs 46 crore

NBCC net profit rises by 12% to Rs 46 crore

Wed, Sep 14, 2016

The company reported consolidated net profit of Rs 46.20 crore for the June quarter ended 2016 (Q1FY17), registering a rise of 12.24% from Rs 41.16 crore in the corresponding period of the previous year.

Reliance Infra's net profit rises by 7% to Rs 439 crore

Reliance Infra's net profit rises by 7% to Rs 439 crore

Tue, Sep 13, 2016

Anil Ambani-backed Reliance Infrastructure reported consolidated net profit of Rs 438.80 crore for the June quarter ended 2016 (Q1FY17), registering a rise of 7.21% from Rs 409.27 crore in the similar quarter of the previous year.

Reliance Power's net profit rises by 12% to Rs 340 crore

Reliance Power's net profit rises by 12% to Rs 340 crore

Mon, Sep 12, 2016

Anil Ambani's Reliance Power reported consolidated net profit of Rs 340.49 crore for the June quarter ended 2016 (Q1FY17), a rise of 12.51% from Rs 302.64 crore in the similar period of the previous year.

Tata Steel's net loss widened to Rs 3183 crore; Europe business declines by 12%

Tata Steel's net loss widened to Rs 3183 crore; Europe business declines by 12%

Mon, Sep 12, 2016

T V Narendran, Managing Director of Tata Steel said, " Seasonal headwinds and a slowdown in a large steel consuming sector like real estate affected steel demand in the quarter. While regulatory changes have supported stem the flood of imports, domestic supply has increased and added to the competitive pressure.

Jaiprakash Associates' net loss widens to Rs 604 crore

Jaiprakash Associates' net loss widens to Rs 604 crore

Fri, Sep 09, 2016

The company's net loss widened to Rs 604.20 crore in Q1FY17 from Rs 483.60 crore in the corresponding period of the previous year.

Gail India's net profit clocks three-folds jump yoy to Rs 1335 crore

Gail India's net profit clocks three-folds jump yoy to Rs 1335 crore

Wed, Sep 07, 2016

Largest gas transmission company - Gail India's net profit for the June quarter ended 2016 (Q1FY17), recorded three-folds jump on the back of robust other income.

ONGC records 21% decline in net profit to Rs 4233 crore

ONGC records 21% decline in net profit to Rs 4233 crore

Wed, Sep 07, 2016

On segment wise revenue break-up, the offshore business was at Rs 12,542.65 crore, declining by 22.26% yoy, while onshore was at Rs 5242.10 crore, down by 19.26% yoy.

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