Net Profit | The Asian Age

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Eicher Motors Q1 net up 25 per cent to Rs 576 crore

Eicher Motors on Thursday reported 25.36 per cent rise in consolidated net profit to Rs 576.18 crore.

09 Aug 2018 5:43 PM

Tyre maker MRF on Thursday posted over two-fold increase in its net profit to Rs 260.74 crore for the first quarter ended June 30.

MRF Q1 net profit jumps over two-fold to Rs 261 crore

The company had reported a net profit of Rs 106.53 crore for the same period previous fiscal.

09 Aug 2018 4:16 PM

Home appliances maker Whirlpool of India on Thursday reported a 23.41 per cent increase in net profit at Rs 163.79 crore for the quarter ended June 30, 2018.

Whirlpool Q1 net profit rises 23.41 per cent to Rs 163.79 crore

The company had posted a net profit of Rs 132.72 crore in the corresponding period last year.

09 Aug 2018 3:59 PM

Miner Vedanta Resources Plc, which is set to taken private by Chairman Anil Agarwal, reported on Monday a 26.3 per cent rise in first-quarter core earnings on higher commodity prices.

Vedanta's quarterly core earnings rise; India copper output drops

Copper production from India fell 73.3 per cent in the quarter after the company closed its facility in southern India.

06 Aug 2018 12:17 PM

State-owned Oil and Natural Gas Corp (ONGC) on Thursday reported 58 per cent jump for the June quarter net profit on realising higher prices for its produce.

ONGC Q1 net profit up 58 per cent to Rs 6,144 crore

The company said in a stock exchange filing that its revenue from operations rose to Rs 27,212.83 crore.

02 Aug 2018 5:39 PM

German carmaker BMW reported a smaller than expected 6 per cent decline in second-quarter operating profit, brushing aside new anti-pollution rules and a global trade conflict which has caused rival Daimler to warn on profits.

BMW second-quarter profit drops less than expected

BMW affirmed its 2018 targets to achieve slightly higher deliveries and revenues in the automotive segment.

02 Aug 2018 2:50 PM

Royal Enfield, the two-wheeler division of Eicher Motors, on Wednesday reported a 7 per cent growth in total sales at 69,063 units in July.

Royal Enfield sales up 7 per cent at 69,063 units in July

The company had sold 64,459 units in July last year, Royal Enfield said in a statement.

01 Aug 2018 5:47 PM

Metals and mining giant Vedanta Ltd on Tuesday posted barely 2.13 per cent rise in consolidated net profit to Rs 1,533 crore for the first quarter ended June 30, 2018-19.

Vedanta Q1 net profit up 2 per cent to Rs 1,533 crore

The consolidated total income during the first quarter of the current fiscal increased to Rs 22,624 core.

31 Jul 2018 7:37 PM

Shares of IT services firm Tech Mahindra on Tuesday rose by 4.5 per cent after the company reported 12.4 per cent rise in consolidated net profit for the first quarter ended June 2018.

Tech Mahindra shares rise 4.5 per cent post Q1 results

The firm had registered a net profit of Rs 798.6 crore in the corresponding quarter of the last fiscal.

31 Jul 2018 2:22 PM

Private lender Axis Bank on Monday reported a 46 per cent decline in net profit to Rs 701.09 crore for the April-June quarter on account of increase in bad loans.

Axis Bank Q1 profit slips 46 per cent to Rs 701 crore

In absolute terms, gross NPAs rose at Rs 32,662.40 crore as on June 30, 2018 compared to Rs 22,030.87 crore a year earlier.

30 Jul 2018 7:19 PM

Bank of Baroda's shares surged over 10 per cent on Monday, adding Rs 3,624.71 crore to its market valuation, after the company reported more than two-fold jump in its net profit for the first quarter of 2018-19.

Bank of Baroda shares zoom over 10 per cent post Q1 results

Shares of the company soared 9.92 per cent to close at Rs 151.75 on the BSE.

30 Jul 2018 7:11 PM

InterGlobe Aviation, which runs largest domestic carrier IndiGo, on Monday reported a steep 96.6 per cent fall in net profit to Rs 27.8 crore in June quarter, owing to adverse impact of foreign exchange and high fuel prices.

IndiGo Q1 net tanks 96.6 per cent to Rs 27.8 crore on high fuel cost

The Gurugram-based budget carrier had posted a net profit of Rs 811.10 crore in the same quarter last year.

30 Jul 2018 5:59 PM

Public sector lender Bank of Baroda on Friday reported a more than two-fold jump in net profit at Rs 528.26 crore for the first quarter of 2018-19 as provisions for bad loans dropped.

Bank of Baroda net profit up over two-times at Rs 528 crore

The bank had reported a net profit of Rs 203.39 crore in the same quarter of 2017-18.

28 Jul 2018 2:15 PM

Reliance Jio on Friday said its standalone net profit has increased 19.9 per cent to Rs 612 crore for the three month period ended on June 30, 2018, as against the preceding quarter. (Photo: AFP)

Reliance Jio Q1 net profit up 20 per cent to Rs 612 crore

Jio continues on its path to drive digital revolution in India, said Mukesh Ambani.

27 Jul 2018 7:52 PM

Reliance Industries on Friday reported a record Rs 9,459 crore net profit in April-June on the back of near doubling of earnings from mainstay petrochemical business. (Photo: PTI)

Reliance reports record quarterly net profit of Rs 9,459 crore in Q1

Reliance said pre-tax profit from petrochemical business was up 94.9 per cent to Rs 7,857 crore.

27 Jul 2018 7:45 PM

Power equipment maker BHEL on Wednesday posted about 93 per cent jump in standalone net profit to Rs 155.58 crore in the first quarter of current fiscal on higher revenues.

BHEL Q1 net profit nearly doubles to over Rs 155 crore

Its net profit was Rs 80.82 crore in the April-June quarter of last fiscal, 2017-18, the company said in BSE filing.

25 Jul 2018 2:08 PM

Bajaj Auto is planning to increase its share to 20 per cent in domestic motorcycle market in the next two quarters.

Bajaj Auto eyes 20 per cent domestic market share in next 2 quarters

The total industry sales of motorcycles during the quarter stood at 36,51,542 units, according to SIAM data.

22 Jul 2018 11:36 AM

Bajaj Auto Ltd on Friday reported 24.5 per cent increase in consolidated net profit at Rs 1,041.78 crore for the first quarter ended June 30, 2018 riding on robust sales.

Bajaj Auto Q1 net profit up 24.5 per cent at Rs 1,041.78 crore

The company had posted consolidated net profit of Rs 836.74 crore in the same quarter of the last fiscal.

20 Jul 2018 1:19 PM

Kotak Mahindra Bank on Thursday reported 12.29 per cent rise in standalone net profit at Rs 1,024.94 crore for April-June, 2018-19. (Photo: PTI)

Kotak Mahindra Bank Q1 net profit up 12 per cent to Rs 1,025 crore

The bank's net profit stood at Rs 912.73 crore in the corresponding period of 2017-18.

19 Jul 2018 2:39 PM

Shares of Federal Bank on Tuesday surged over 19 per cent after the company registered a 25 per cent increase in its net profit for first quarter of the current fiscal.

Federal Bank shares soar over 19 pc as Q1 net profit rises

The bank's net profit in the corresponding three months to June in 2017-18 stood at Rs 210.15 crore.

17 Jul 2018 5:33 PM

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Anita Katyal