Lumax Tech: Net profit at INR 51 billion (up INR 24 billion YoY), revenue at INR 75.7 billion (up INR 49.3 billion YoY)
Natco Pharma: Net profit was INR 38.6 billion (up from INR 27.6 billion in the same period last year); sales were INR 106.8 billion (up from INR 89.8 billion in the same period last year)
Sumitomo Chemical: Net profit Rs 1.1 billion versus Rs 550 million; sales Rs 674 million versus Rs 542 million (qoq).
VPRPL: Net profit was Rs 6.7 billion (Rs 4.0 billion in the same period last year), revenue was Rs 65.7 billion (Rs 45.5 billion in the same period last year).
AstraZenca Pharma: Net profit at Rs 3.9 billion versus Rs 1.7 billion, sales at Rs 38.3 billion versus Rs 28.5 billion (YoY)
Garware: Net profit was INR 69.6 billion (INR 66.7 billion in the same period last year), sales were INR 38.2 billion (INR 37 billion in the same period last year)
Bagheria: Net profit Rs 7.2 million vs Rs 5 million; sales Rs 18.3 million vs Rs 14.5 million (YoY)
Moti Sons: Net profit Rs 10.8 billion vs. Rs 3 billion; sales Rs 11.6 billion vs. Rs 90.7 billion (YoY)
TBZ: Net profit was Rs 1.25 billion (Rs 1.13 billion in the same period last year), revenue was Rs 50.7 billion (Rs 46.5 billion in the same period last year)
Career Points: Net profit Rs 1.43 billion, loss Rs 1.64 billion, revenue Rs 2.57 billion, Rs 2.48 billion (YoY)
Jindal World: Net profit of Rs 2.82 billion (Rs 2.65 billion YoY), revenue of Rs 57.40 billion (Rs 54.9 billion YoY)
Aster DM: The company undertook the expansion of Aster CMI Hospital in Bangalore, adding 300,000 sq ft of infrastructure and increasing the bed capacity from 500 to 850.
Axis Cade: The company has received an order from Bharat Electronics for eight radar processing systems worth Rs 900 crore.
FMCG stocks: India Meteorological Department predicts above-normal monsoon is expected in India during June-September 2024
Honasa Consumer: Mamaearth’s parent company Honasa Consumer is planning to reinvent its offline distribution model, said CEO Varun Alagh.
HINDALCO: The company plans to spend Rs 6,000 crore this year. The company plans to make significant capex in copper and aluminium over the next three years.
BSE: The Company has approved entering into a share purchase agreement with SPDJ SINGAPORE PTE to acquire 50% stake in AIPL from SPJDS.
HCL TECH: The company and Arm are collaborating on custom silicon chips optimized for AI workloads.
Cochin Shipyard: The company has won a €60 million order for a hybrid SOV from a UK shipping company.
ZF Commercial Vehicle: Signs agreement with Indian Institute of Technology Madras for Global Mobility Digital Infrastructure
EKI Energy Services: A company providing carbon credit services to FARI Solutions in Azerbaijan.
Praveg: Net profit of Rs 1.6 billion (versus Rs 5.2 billion in the same period last year), revenue of Rs 3.2 billion (versus Rs 1.87 billion in the same period last year).
Lakshmi Machines: Net profit was INR 6.52 billion (INR 8.43 billion in the same period last year), sales were INR 9.52 billion (INR 12.17 billion in the same period last year)
NALCO: Net profit at Rs 99.7 billion versus expected Rs 60.5 billion; sales at Rs 35.79 billion versus expected Rs 37.71 billion
Dish TV: Net loss of Rs 198.97 billion (loss of Rs 172.06 billion in the same period last year); revenue down 19.4% to Rs 40.7 billion (Rs 50.48 billion in the same period last year).
LIC: Total operating profit increased 10.7% YoY to Rs 21,180 crore from Rs 19,137 crore last year, while value of new business (VNB) declined 1.6% YoY to Rs 3,645 crore from Rs 3,704 crore last year.
Jubilant Industries: Net profit up 17% YoY to INR 22 million from INR 18.8 billion, sales down 12.6% YoY to INR 300.3 billion from INR 343.4 billion
Juniper: Net profit INR 46.7 billion vs. INR 14.8 billion; revenue INR 24.5 billion vs. INR 19.4 billion (YoY)
Jai Corp: EBITDA up to Rs 1.7 billion from Rs 1.1 billion, revenue up to Rs 12.3 billion from Rs 12.5 billion (YoY)
NMDC: Net profit at Rs 1,413 crore (Rs 2,272 crore YoY), revenue at Rs 6,489 crore (Rs 5,851 crore YoY)
Heramba: Net profit was INR 1.31 billion (INR 1.43 billion in the same period last year), sales were INR 26.1 billion (INR 26 billion in the same period last year)
ZF Commercial: Net profit of INR 10.02 billion (Q1 FY20: INR 10.12 billion), sales of INR 95.9 billion (Q1 FY20: INR 97.7 billion)
Nandan Denim: Net profit was INR 2.71 billion (INR 2.76 billion in the same period last year), sales were INR 57.9 billion (INR 45.7 billion in the same period last year)
NRB: Net profit was Rs 3.12 billion (Rs 3.46 billion in the same period last year), revenue was Rs 28.5 billion (Rs 31.2 billion in the same period last year)
ICICI Bank: At the UBS conference, the bank said it aims for “high teens business growth, mid-range book-to-book ratio and ROE of 17-18%.”
Axis Bank: At UBS Conference, the bank said it was “maintaining its long-term growth guidance and continuing to invest in the business”
HPCL: Company’s board recommends bonus issue of one share for every two shares held
Adani Energy Solutions: The company plans to raise up to Rs 12,500 crore through QIP or other permitted instruments.
Vedanta: The company is said to be considering a $1 billion share sale as early as June.
Prabeg: The company acquires 51% stake in Avik Advertising and Bidhan Advertising
ITC: IiAS has recommended that the company’s shareholders vote against the hotel demerger.
Nykaa: The company’s board of directors appointed Santosh Desai as an independent director effective July 15.
Timken: The company’s overseas parent Timken Singapore is selling up to 6.6% stake in Timken in a deal worth around $213 million. Rs 1,775 crore. The minimum price is Rs 3,550 per share.
AstraZeneca: The company declares a dividend of Rs 24 per share
Inox Wind: Promoter company IWEL likely to sell shares in a block deal soon, promoter companies expected to sell up to 5% stake, expected discount of up to 5% to trade at Rs 148-150 per share
Concord Biotech: Ontario is set to sell 3.4% stake in Concord Biotech at a floor price of Rs 1,320 per share. The offer value of the transaction is Rs 4,684 crore.
Goodyear: Net loss of INR 4 billion (vs. profit of INR 22 billion in the same period last year), sales of INR 55.1 billion (vs. profit of INR 59.1 billion in the same period last year)
TARC: Net loss Rs 5.18 billion, profit Rs 1.5 billion, revenue Rs 9.5 billion, Rs 13.5 billion (YoY)
GMDC: Net profit was Rs 20.7 billion (Rs 44.2 billion in the same period last year), revenue was Rs 75.1 billion (Rs 94.8 billion in the same period last year).
Elgi Equipment: Net profit Rs 76 million against Rs 17 billion, revenue Rs 86.6 million against Rs 83.6 billion. (YoY)
MSTC: Net profit was Rs 48.5 billion (Rs 77 billion in the same period last year), revenue was Rs 19.9 billion (Rs 19.7 billion in the same period last year).
Borosil Renewables: Net loss of Rs 53 billion (profit of Rs 11 billion), revenue of Rs 28.3 billion (up from Rs 30.9 billion last year)
Orient Green: Net loss of Rs 2.53 billion (Rs 1.90 billion in the same period last year), revenue of Rs 3.6 billion (Rs 4.4 billion in the same period last year).
