Company Results News

Companies

L&T Finance Q1 result surpasses targets with record profits and rapid retail expansion

L&T Finance Holdings reported a 103% growth in Q1FY24 profit, reaching Rs. 531 crore. The company achieved its Lakshya 2026 goal and saw strong retail disbursements. The PLANET app has surpassed 44 lakh downloads. The wholesale book has been reduced by 65% YoY.

1 min read19 Jul 2023
Companies

LT Foods Q2 profit up 63% at ₹77 crore

Net income increased to ₹1,218.15 crore in July-September 2020-21from ₹984.35 crore in the year-ago periodLT Foods is engaged in milling, processing and marketing of branded and non-branded basmati rice

1 min read30 Oct 2020
Companies

JPMorgan posts surprise jump in profit on lower credit costs

JPMorgan Chase & Co., in its third quarter under the shadow of the pandemic, showed that the surge in trading is holding up -- and so are borrowers.Those improvements and a 9% gain in investment-banking fees led to the most profitable quarter of 2020.

2 min read13 Oct 2020
Companies

Q4 earnings: TVS Motor’s standalone profit declines 45% YoY

TVS Motor’s FY20 standalone revenues were at ₹16,423 crore, down 10%, while profit was at ₹592 crore, down 12%The company's FY20 vehicle sales declined 17% year-on-year to 32,63,302 units

1 min read28 May 2020
Companies

Persistent Systems reports 5% sequential dip in January-March net profit

Dollar revenue dipped 1.8% during the quarter to $127 millionFor the full year, revenue rose 6% to ₹356.58 crore, while consolidated profit fell 3.2% to ₹340 crore

2 min read6 May 2020
Markets

SBI Life Insurance jumps 5% as company reports 16% YoY rise in Q4 net profit

Net premium earned rose 4.7% year-on-year to ₹11,862.98 crore in the quarter ended MarchFor FY20, net profit rose 7.2% to ₹1,422.17 crore, while net premium earned jumped 22.6% to ₹40,324.01 crore

1 min read6 May 2020
Companies

Unilever withdraws full-year growth outlook, India business impacted

Underlying sales growth in developed markets in the first quarter was at 2.8%, while in emerging markets it fell 1.8%Sales of hygiene and in-home food products have been on an upswing

2 min read23 Apr 2020
Markets

Five things HDFC Bank investors should watch out for post covid-19

The bank's 21.3% loan growth for FY20 will in all probability not see a repeat in FY21. Analysts see growth at sub-15%Defending the current valuation multiple of 2.7 times estimated book value for FY21 will be challenging

2 min read20 Apr 2020
Companies

PNB Housing Finance Q2 net profit jumps 45% to ₹367 crore

PNB Housing Finance's total income rose to ₹2,230.34 crore during the second quarter from ₹1,808.26 crore a year agoThe gross NPAs stood at 0.84% of the loan assets as on September 30, 2019 as against 0.45% a year ago

1 min read24 Oct 2019
Companies

Sebi directs Tata Motors to hold inquiry into leak of financial earnings data on WhatsApp

Sebi also orders Tata Motors to strengthen its existing processes and controls to prevent any leakage of unpublished price sensitive information in the future

3 min read7 Mar 2018
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