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Kotak Mahindra Bank Q1FY24 results declared. PAT jumps 67%, NII rises 33% Kotak Mahindra Bank Q1 results 2023: The Bank?s PAT (Profit After Tax) for Q1FY24 stood at ?3,452 crore, up 67 per cent YoY from ?2,071 crore in Q1FY23.

Yes Bank Q1 results 2023: Net profit rises 10%, total income surges 29%. Cuts provisioning over 41% on QoQ basis Yes Bank Q1 results 2023: The private lender has reported YoY rise in net profit to the tune of 29 per cent in Q1FY24

RBL Bank Q1 result: Net profit up 43% YoY to ?288 crore In the quarter under review, the RBL bank reported a 43 per cent rise in its net profit to ?288 crore against ?201 corre in Q1FY23

Paytm to become free cash flow positive by the year-end: CEO Vijay Shekhar Sharma During the April-June quarter, Paytm narrowed its loss to ?357 crore which was a sharp decline from ?6,444 crore in the corresponding period last year

ICICI Bank Q1 Results: Net profit rises 40% to ?9,648 crore ICICI Bank Q1 Results: Net profit rises 40% to ?9,648 crore

CMS Info Systems Q1 Results: Net profit grows by 22% to ₹87 crore The firm's revenue grew 13 percent year-on-year to ₹512 crore in the reporting quarter, from which it earned a margin of 29.6 percent.

Paytm Q1 Results: Fintech giant's net loss narrows to ₹357 crore, revenue up 39%; check details Paytm Q1 Results: The fintech giant's revenue from operations during the April-June quarter rose 39.4 per cent to ₹2,341 crore, compared to ₹1,679 crore in the year-ago period.

Cyient DLM Q1 results: Company reports strong YoY growth in revenue and EBIDTA, PAT declines The company reported strong YoY growth in revenue and EBIDTA, but a decrease in PAT. Order backlog remains robust, and the company listed Cyient DLM on the NSE and BSE. It has a strong pipeline of $708...

Aarti Drugs Q1 Results: Net profit surges 39% YoY to ₹48 crore The revenue of the company also witnessed a growth of 6 percent from ₹622.2 crore to ₹661.7 crore during on a Year-on-Year basis.

Ashok Leyland Q1 net profit up 8x at ₹576 cr Ashok Leyland, an Indian commercial vehicle maker, has reported an eightfold increase in Q2 profit due to cost savings and higher sales volume.

JSW Steel net up 189% in Q1 The company’s revenues grew by about 11% at ₹42,213 crore over ₹38,086 crore during the same period last year, beating analysts estimates

UltraTech’s Q1 net rises 6.6% as infra demand up The profit beats Bloomberg analysts’ estimate at ₹1,615.3 crore for the country’s largest cement-maker.

Novopay to spin off retail biz, focus on banking software Novopay Solutions is spinning off its retail payments business into a new entity Novopay Retail Solutions Pvt Ltd, which was set up in March 2023.

Vedanta Q1 net profit falls 41% to ₹3,308 cr On its semiconductor manufacturing plans after the split with Taiwan’s Foxconn, Vedanta CEO said the firm is engaging with technology partners to build the semiconductor fab in Gujarat

PNB Gilts Q1 results: Company reports strong YoY growth with ₹44,292.87 lakh total Revenue in Q1 FY24 PNB Gilts reported unaudited Q1 2023 results with a total revenue of ?44,292.87 lakh, a YoY growth of 27.6%. The company recorded a profit of ?5,787.82 lakh for the quarter.

Hero Moto expects rural demand jump The company is also targeting production of over 6.5 million units in FY24 for domestic and export markets, up 20% over last year’s total sales of 5.4 million units.

Reliance Retail profit up 18.8% in June quarter During the quarter the company’s retail business opened 555 new stores.

RIL profit drops as refining biz falters Net profit fell to ₹18,258 crore in the three months ended 30 June from ₹19,405 crore in the year-ago quarter. Profit missed the average ₹18,302 crore estimated by a Bloomberg survey of analysts.

Without Sakhalin-1 stake’ equity rights, OVL losing out on dividends Mint reported on 21 April about Russia’s Rosneft offering dividend payments to OVL as against its 20% stake in Sakhalin-1, which was earlier the source of lucrative equity oil for India.

Top investors ask PM Modi to review online gaming tax The letter claimed that the new recommended tax for the sector could lead to an increase of up to 1,100%