Ashok Leyland Reports Nearly Tripled Profit After Tax in September Quarter 2023-24 Commercial vehicle maker Ashok Leyland has announced that its profit after tax (PAT) nearly tripled to Rs 561 crore in the September quarter of the 2023-24 fiscal year. This represents a significant jump from the Rs 199.31 crore reported in the same period…
Alkem Laboratories Ltd, a leading pharmaceutical company, has announced a remarkable 76.83% increase in its consolidated net profit for the second quarter ended September 30. The company reported a net profit of Rs 614.89 crore, compared to Rs 347.72 crore in the same period last year. This impressive growth can be attributed to lower raw…
Maruti Suzuki, India’s leading car manufacturer, has just announced a remarkable 80.3% surge in net profit for the July-September quarter. The company attributed this growth to multiple factors, including record-breaking sales, declining commodity prices, cost reduction efforts, and increased non-operating income. Previously, Maruti Suzuki had reported a net profit of Rs 2,061.5 crore in the…
Domestic equity markets are set to experience various influences in the upcoming week, including quarterly earnings, global trends, and the movement of crude oil prices, according to analysts. Additionally, investors will closely monitor the ongoing Hamas-Israel conflict in the Middle East as well as the trading activity of foreign investors. Markets will be closed on…
Yes Bank, a private sector lender based in the city, has announced a significant increase in its net profit for the September quarter. The bank reported a net profit of Rs 228.64 crore, marking a 47% increase compared to the same period last year. However, it should be noted that the bank’s net profit for…
Hindustan Unilever Ltd experienced a drop in shares by over 2% on Friday following the announcement of a slight decline in consolidated net profit for the second quarter ending on September 30. The stock fell to Rs 2,495.10 on the BSE. In its recent report, Hindustan Unilever stated a marginal decline in consolidated net profit…
Jindal Stainless Ltd (JSL) announced on Thursday that its consolidated net profit has more than doubled to Rs 764.03 crore in the September quarter, thanks to increased income. This is a significant increase from the Rs 347.02 crore net profit recorded in the same period last year, according to JSL’s regulatory filing. During the second…
IndusInd Bank, a leading financial institution, has reported a substantial increase in its consolidated net profit for the September quarter of 2023-24. The bank’s net profit has witnessed a remarkable growth of 22% at Rs 2,202 crore, compared to Rs 1,805 crore in the same period last year. This surge in profits can be attributed…
