Market News
2 min read | Updated on October 30, 2024, 08:27 IST
SUMMARY
On Tuesday, a host of companies released their September quarter results. For instance, Adani Enterprises reported a 664.5% jump in its consolidated net profit to ₹1,741.75 crore in the quarter that ended September 2024.
Stock list
ASK Automotive on Tuesday reported a 63% rise in consolidated net profit to ₹67 crore in the July-September quarter of 2024-25
Larsen & Toubro (L&T);
Biocon;
Tata Power;
Dabur;
IRB Infrastructure;
Kitex Garments;
Paisalo Digital;
Omax Autos;
Shalby;
Vardhman Textiles;
Protean eGov Technologies.
On Tuesday, a host of companies released their September quarter results. For instance, Adani Enterprises reported a 664.5% jump in its consolidated net profit to ₹1,741.75 crore in the quarter that ended September 2024. In the corresponding period last fiscal, the net profit was ₹227.8 crore. Revenue from operations increased 15.66% to ₹22,608.07 crore in the second quarter of the financial year 2024-25, compared to ₹19,546.25 crore in Q2 FY24.
SBI Cards and Payment Services Ltd (SBI Card) on Tuesday reported a 33% fall in net profit to ₹404 crore for the September quarter on an increase in delinquency. However, the total income in the second quarter of the current fiscal year rose 8% to ₹4,556 crore from ₹4,221 crore a year ago. The interest income grew 20% to ₹2,290 crore, while income from other sources declined 2% to ₹2,131 crore.
Air-conditioning maker and engineering services provider Voltas Ltd on Tuesday a more than two-fold jump in consolidated net profit to ₹132.83 crore for the September quarter. The increase was led by a 56% volume growth from its room AC business. Voltas' revenue from operations was up 14.23% to ₹2,619.11 crore during the quarter under review from ₹2,292.75 crore in the year-ago period.
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