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Shreyas Ramdasi

Stealth • 4m

Billionaire businessman Gautam Adani has increased his stake by 1.32% in Adani Enterprises from the open market in April to June quarter, a statement to stock exchanges stated on June 14.Adani Enterprises had reported a consolidated net profit of Rs 451 crore for the quarter ended March 2024, which was down by 38% on a year-on-year basis versus Rs 722.48 crore posted by the company in the corresponding quarter of the last financial year. The consolidated revenue from operations for the reporting quarter stood at Rs 29,180 crore, marginally up by 0.81% from Rs 28,944 crore reported in the year-ago period. Sequentially, the consolidated profit after tax (PAT) was down 76% against Rs 1,888.45 crore reported in Q3FY24 while revenue was 16.5% lower versus Rs 25,050 crore. Sequentially, the consolidated profit after tax (PAT) was down 76% against Rs 1,888.45 crore reported in Q3FY24 while revenue was 16.5% lower versus Rs 25,050 crore. The decline in Q4FY24 profit could be attributed.

0 replies5 likes

Recommendations from Medial

Aman Khan

Stealth • 6m

india's leading software exporter Tata Consultancy Services (TCS) on friday reported a consolidated net profit of Rs 12,434 crore in the fourth quarter . It was up 9% from Rs 11,392 crore a year ago.

0 replies3 likes

Anonymous

Stealth • 2m

Noida-based IndiaMART, which is India's largest B2B marketplace, recently announced its financial results for the first quarter ending June 30, 2024. The company reported consolidated revenue from operations of Rs 331 crore, marking a 17% increase f

0 replies3 likes

Jeet Sarkar
•

Norton • 5m

Mumbai-headquartered Tata Motors has posted a more than threefold jump in its consolidated net profit for the fourth quarter of 2023-24 to Rs 17,528 crore.

0 replies2 likes

Shreyas Ramdasi

Stealth • 5m

FMCG major Marico shares zoom nearly 10% after Q4 earnings The company’s stock jumped 9.73 per cent to Rs 582.75 on the BSE and zoomed 9.83 per cent to Rs 582.45 apiece on the NSE. Shares of FMCG major Marico Ltd advanced nearly 10 per cent on Tuesda

0 replies2 likes

Anonymous

Stealth • 2m

Deepinder Goyal-led Zomato's revenue rose 74% year-on-year to Rs 4,206 crore in Q1FY25. Meanwhile, the company's net profit jumped to Rs 253 crore. During the same quarter last year, Zomato posted a net profit of Rs 2 crore and a revenue of Rs 2,

3 replies21 likes

financialnews

Stealth • 1d

Stocks to Watch: Tech Mahindra, HDFC Bank, Kotak Bank, Jio Financial Tech Mahindra reported a significant rise in consolidated net profit, which more than doubled to ₹1,250 crore in the July-September quarter of FY2024-25. This jump was primarily dr

0 replies3 likes

K

Stealth • 5m

1.Axis Bank’s Employee Happiness Initiative Axis Bank has implemented new initiatives and policies aimed at enhancing career development and skill-building for its employees. 2. Prime Minister Modi’s Asset Declaration PM Narendra Modi declared total

0 replies6 likes

Anonymous

Stealth • 3m

Newly-listed online travel ticket booking platform ixigo has reported a significant 212% increase in net profit, rising from Rs 23.4 crore in FY23 to Rs 73.1 crore in FY24. The company's operating revenue also grew by 31% during the same period, fr

0 replies6 likes

Kishan Kabra
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Guava Trees Softech Pvt • 1m

🚨Amazon India reported operating revenue of about ₹222 billion , which was a significant increase from 2021 & 2022 (₹214.62 each year) ₹187 billion directly from marketplace services in 2022. ❓Why is it still not postive in profitability after offe

11 replies9 likes

K

Stealth • 4m

Headline numbers: The Mamaearth parent reported a 21% growth in operating revenue for the March quarter to Rs 471 crore. Net profit stood at Rs 30.5 crore, against a net loss of Rs 162 crore a year ago. Key takeaway: The company is doubling down on i