GOA CARBONS LTD Q1 RESULTS
Valuable lessons BJP needs to learn from Maharashtra and UP results
In Maharashtra and Uttar Pradesh, the BJP got some critical decisions wrong, which resulted in it falling short of a majority on its own in Parliament
A 1°C rise in global temperature causes a 12% decline in world GDP: Adrien Bilal
Adrien Bilal discusses the macroeconomic impacts of global temperature rises in the Anthropocene with Srijana Mitra Das at Harvard University.
Will finally all the hard work yield results in Modi 3.0? 7 fertilizer stocks with 4 having ‘buy’ reco and upside upside potential of up to 22%
Few months back when it was announced that the fertilizer subsidy bill was seen as lower than expected, the street reacted negatively. The assumption is that if the fertilizer subsidy is going to come down then it is bad for the sector. Now there is another way to look at it, a government which has been ensuring that agriculture gets the right amount of attention and doing the various policy pushes, then why is the overall projected subsidy bill down? Probably, it may be because the government is expecting that policy actions which it has taken over the years will yield results and some of the other non-financial efforts which it will take in the sector will help reduce the bill without having an adverse effect on any stakeholders. Now unlike other sectors like railways where putting more money or making few policy changes has helped the sector, fertilizer is a more complex sector and is bound to take more time for getting the house in order. But then who says that transition for good is painless.
Puravankara Q4 Results: Loss narrows to Rs 7 crore YoY; revenue shoots up 112% YoY
The firm has launched 12 projects with a saleable area of 9.47 million square feet, reinforcing its expansion into high- potential micro-markets for the fourth quarter (Q4FY24) ending March 31, 2024.
Varun Beverages Q1 Results: PAT jumps 25% YoY to Rs 548 crore; revenue rises 11%
Varun Beverages Q1 Results: Co reported a consolidated net profit of Rs 548 crore, rising 5% year-on-year (YoY) for the quarter ended March 31, 2024; revenue from ops stood at Rs 4,398 crore
Cipla shares surge over 6% post Q4 results. Should you buy or sell?
Meanwhile, EBITDA for the quarter under review increased 13% YoY to Rs 1,316 crore as against 1166 crore in the last year period.
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Cipla Q4 Results Preview: Profit may rise up to 71% YoY on healthy operations
Cipla Q4 Results Preview: As per the combined projections of four brokerages, there's a possibility of the net profit for the fourth quarter surging by as much as 71% year-on-year, alongside an expected 7% year-on-year increase in net sales.
Saudi Aramco says Q1 profit down 14.5 percent
Oil giant Saudi Aramco said Tuesday its first-quarter net profit dipped 14.5 percent on year to $27.27 billion as the Gulf kingdom kept production cuts in place. Net income was 102.27 billion riyals ($27.27 billion), down from 119.54 billion riyals ($31.88 billion) for the same period in 2023, Aramco said, adding that "the decrease was primarily a result of lower crude oil volume sold".
Shell Q1 Results: Company smashes forecasts with $7.7 billion quarterly profit
Shell reported first-quarter profit of $7.7 billion on Thursday, exceeding expectations as disruption to Red Sea shipping and Russian refining boosted oil trading and liquefied natural gas production rose.
GMR Airports Infra Q3 Results: Co swings to loss on increase in finance costs
The operator of India’s busiest airport in Delhi posted a loss of Rs 486 crore in the October-December quarter from a net profit of Rs 106 crore a year earlier. Revenue rose 26% to Rs 2,227 crore, but finance cost increased 45% to Rs 857 crore.
Puravankara Q3 Results: Net profit more than doubles to Rs 78 crore
The company’s revenue for the quarter stood at Rs 1241 crore, an increase of over 56% y-o-y. The company’s sales volume for the quarter stood at 1.63 msft with a robust collection of Rs 941 crore.
Ramkrishna Forgings Q3 Results: Net profit rises 43% to Rs 87 crore
Ramkrishna Forgings Ltd on Thursday posted a 43 per cent rise in consolidated net profit to Rs 86.86 crore during the December quarter on the back of higher income.
SuPr Innovative Labs' DesQ helps companies save energy by over 20%
SuPr Innovative Labs’ DesQ improves energy savings by up to 20% through its heating, ventilation, and air conditioning (HVAC) technology, helping companies cut energy costs and reduce carbon footprint while providing sustainable work solutions for employees.
Europe's green steel mandate rocks Indian steel exports
Europe's Carbon Border Adjustment Mechanism (CBAM) scrutinizes high-carbon emissions in imported steel, impacting Indian exporters reliant on polluting processes. CBAM's initiation prompts India's shift towards greener steel production. India emits more carbon (2.6 tons per ton of steel) compared to the global average (1.85 tons), affecting potential duties. Steel exports of Rs 51,334.03 crore faced decline, with key markets in Europe. Indian strategies focus on Net-Zero targets by 2070, embracing Green Hydrogen and Carbon Capture technologies.
As tyre stocks race ahead, their supply chain stocks cannot be left behind: 3 stocks from carbon black industry
Tyres stocks have been doing very well on the street. The demand from OEM and replacement markets have been strong which is keeping their cash registers ringing. So, the companies which are supplying raw material to tyre companies are also witnessing tail winds. These are B2B players which are into manufacturing carbon black and because they are not consumer facing businesses, these companies don't come into the limelight even when they are doing well.
Dr Lal PathLabs Q2 Results: Net profit rises 53%YoY to Rs 111 crore
Dr Lal PathLabs reported a Rs 72 crore net profit during the corresponding period of the previous year. Revenues rose 12.6% to Rs 601 crore in Q2FY24, compared to Rs 534 crore in Q2FY23.
Indian Hotels Q2 Results: Profit jumps 37% YoY to Rs 179 crore
IHCL reported revenue from operations of Rs 1433 crore for the quarter ended September 30 this year, up from Rs 1233 crore in the previous fiscal. On a half-yearly basis, the chain reported a profit of Rs 415 crore and revenues of Rs 2900 crore for this fiscal, up by 34% and 16%, respectively.
Public support for low carbon projects is based on trust in companies developing these — and the regulatory enforcement regime: David Reiner
Most people learn subjects like chemistry, physics and math in school. Even among those who study science or engineering at an undergraduate level, few take on geological sciences. This has become a blind spot, even among people considered fairly technically proficient, said David Reiner, who is professor of technology policy at Cambridge University’s Judge Business School.
Himadri Speciality Q2 Results: PAT grows three-fold to Rs 100 cr
HSCL also reduced its expenses to Rs 875.24 crore from Rs 994.81 crore a year ago.
India's Q1 GDP growth may hit one-year high banking on capex spike, services activity: Economists
India Q1 GDP news: The Indian economy likely grew at a rate closer to 8 per cent in the first quarter of FY24 owing to pick-up in the country's services sector, higher capital expenditure by central and state governments and stronger consumption, economists have said. The Narendra Modi-led government of late increased focus on capex.
Delta Corp Q1 Results: Net profit rises 19% YoY to Rs 679.1 mn on sustained casino demand
Growing revenue offset total expenses for the quarter, which inched up 9% to 1.95 billion rupees, with licence fees and registration charges rising more than 7%.
JK Paper Q1 Results: Net profit rises 18% to Rs 313 crore
JK Paper Vice Chairman & Managing Director Harsh Pati Singhania said, "On a consolidated basis, the results have improved due to the acquisition of corrugation business in the last year and better performance by Sirpur Paper Mills with increased volume and higher sales realisation."
Ramkrishna Forgings Q1 Results: Net profit grows 63% YoY to Rs 77 crore
Ramkrishna Forgings Limited reported a 63% increase in net profit at INR 76.97 crore during the June quarter due to higher income. It marked a rise from last year's profit of INR 47.26 crore. The company's total income also rose to INR 835.95 crore, posting a 28% growth year on year.
Ashok Leyland Q1 Results: Profit rises multifold to Rs 576 crore, revenue up 14% YoY
Its revenue from operations during the reporting quarter surged 13.5% YoY to Rs 8,152 crore as against Rs 7,189.3 crore in the same quarter a year ago.
Goa Carbon Q1 Results: Net profit falls 13% to 12.58 crore
Goa Carbon Ltd is a public limited company and is in the business of manufacturing and marketing calcined petroleum coke. It operates a plant having a capacity of 3.08 lakh tonne per annum in southern Goa.
EIL Q4 Results: Firm posts profit at Rs 159 crore; revenue rises 7.5% YoY
State-owned engineers India Ltd (EIL) saw a Q4 profit increase of 25% to INR 159 crore ($22m) and new businesses secured rose nearly three-fold year-on-year to INR 4,700 crore. Despite profit for 2022-23 remaining steady, revenue from operations rose 7.5% YoY to INR 866 crore in Q4, with debtors and trade receivables also decreasing. EIL has already secured INR 650 crore worth of new business and its order book at end of March was INR 9,079 crore, with 15% from abroad, focused on projects in the GCC, Africa, Mongolia and Guyana.
Goa Board HSSC Class 12 Result 2023: Date, time announced, how to download GBSHSE scorecard
Goa Board HSSC Result 2023 for Class 12 will be declared on May 6 on the official website of GBSHSE, gbshse.in, and results.gbshsegoa.net.
Adani Green, NDTV to report fourth quarter results today.
Adani Green Energy and NDTV, two entities of the embattled Adani Group, are set to report their fourth quarter earnings today amid ongoing investigations by market regulator Sebi following the Hindenburg report. Shares of Adani Green closed 3.81% higher on Friday at Rs 952 apiece on NSE. NDTV shares closed nearly 5% higher on Friday at Rs 190 on NSE.
Q3 results this week: ICICI Bank, HUL, Asian Paints, JSW Steel, SBI Life, others
ICICI Prudential Life Insurance, ICICI Lombard General Insurance, Bank of India, Metro Brands, National Aluminium, Tata Investment Corporation, Eris Lifesciences, Network 18 Media & Investments, TV18 Broadcast, Delta Corp, Mastek, Hathway
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