Happiest Minds Applied sciences reported an 11.2 per cent quarter-on-quarter (QoQ) progress in income at ₹463.83 crore within the first quarter of FY25, in comparison with ₹417.29 crore within the earlier quarter. Venkatraman Narayanan, Managing Director & CFO, advised businessline: “This quarter, we’ve proven enlargement in our topline and the profitability metric of EBITDA. EBITDA … Read more
Amara Raja Vitality & Mobility Restricted (ARE&M), (previously generally known as Amara Raja Batteries Restricted), has posted a web revenue of ₹245 crore within the first quarter ended June 30, 2024, in opposition to ₹199 crore in the identical quarter final yr. The corporate, which offers power storage options, Lithium-ion cell manufacturing, electrical car chargers, … Read more
Financial institution of India reported a ten per cent improve in first quarter internet revenue at ₹1,703 crore regardless of rise in non-tax provisions, together with for mortgage loss and normal belongings, as average development in internet curiosity earnings and write-back in provision for non-performing investments supported the bottomline. The general public sector financial institution … Read more
The expansion trajectory for income is robust due to the pipeline and order e-book, stated Sonata Software program’s CFO, Jagannathan Chakravarthi. The corporate’s worldwide enterprise reported a income progress of 1.3 per cent quarter on quarter (QoQ) and eight.5 per cent 12 months on 12 months (YoY) at ₹687.8 crore within the quarter ended June … Read more
Aptus Worth Housing Finance Ltd has reported a 21 per cent rise in its revenue after tax at ₹172 crore for the quarter ended June 30, 2024, when put next with ₹142 crore within the year-ago quarter. The corporate’s web revenue development was supported by enterprise development, steady asset high quality and steady give attention to … Read more
Zomato’s web revenue surged to ₹253 crore within the quarter ended March 31, up practically 126 instances in comparison with the corresponding interval final yr. Income from operations stood at ₹4,206 crore, up 74 per cent within the quarter underneath assessment. The corporate mentioned Gross Order Worth (GOV) of its B2C companies stood at ₹15,455 … Read more
Indian Financial institution has recorded sturdy progress in its internet revenue for the June quarter, aided by a rise in working revenue on the again of an increase in curiosity and non-interest incomes and decrease provisions. Its asset high quality additionally witnessed enchancment throughout the interval. The Chennai-headquartered financial institution’s internet revenue grew 41 per cent to ₹2,403 crore in Q1 … Read more
Cholamandalam MS Common Insurance coverage Co Ltd (Chola MS), a three way partnership between the Murugappa Group and the Mitsui Sumitomo Group (Japan), has doubled its revenue earlier than tax (PBT) to ₹179 crore from ₹89 crore the earlier yr. The corporate’s gross written premium (GWP) elevated by 14 per cent to ₹1,945 crore, outpacing … Read more
Cyient DET has posted a internet revenue of ₹141 crore within the quarter ended June 30, 2024, registering a decline of 17 per cent over the identical quarter final 12 months. Income throughout the quarter fell to ₹1,414 crore, registering a fall of three.6 per cent over the income in the identical quarter final 12 … Read more
L&T Expertise Providers (LTTS) on Thursday reported a 1 per cent enhance in post-tax revenue for the June quarter at ₹314 crore as profitability declined. The engineering providers arm of L&T had reported a web revenue of ₹311 crore within the year-ago interval, however the revenue after tax (PAT) was 8 per cent down in … Read more