Zydus Lifesciences on Friday said its consolidated net profit increased 31% year on year to ₹1,420 crore in the first quarter ended June 2024 on the back of robust sales.

The drug maker had reported a net profit of ₹1,087 crore in the April-June quarter of last fiscal.

Benchmark indices closed higher on Friday, with NIFTY50 up 1% and SENSEX gaining 820 points. In the NIFTY50 space, 45 stocks advanced. Eicher Motors, Mahindra & Mahindra and Shriram Finance were among the top gainers.

IRB Infrastructures Developers Ltd on Friday posted around 5% rise in consolidated profit after tax to ₹140 crore during June quarter on account of higher income.

It had reported a profit after tax (PAT) of ₹134 crore in the April-June quarter of preceding 2023-24 financial year, the company said in an exchange filing.

Industrial wire maker Paramount Cables on Friday posted a 74% rise in its consolidated profit after tax to ₹25.3 crore during the June quarter, on account of higher revenues.

It had reported ₹14.5 crore Profit After Tax (PAT) in the April-June period of the preceding 2023-24 fiscal, the company said in a statement.

State-owned firm NBCC has bagged a ₹15,000 crore project to develop a 406-acre satellite township in Srinagar.

In a regulatory filing on Friday, the company informed that it has bagged this project from Srinagar Development Authority.