Bajaj Auto on Friday said its standalone profit rose by 1 per cent to Rs 1,126 crore in the June quarter compared with Rs 1,115 crore in the same quarter last year. The profit figure came in better than ET NOW poll estimate of Rs 1,060 crore. Margins took a beating, falling to 16.1 per cent from 18.3 per cent. Turnover for the quarter rose 5 per cent to Rs 8,197 crore from Rs 7,812 crore in the year-ago period. Ebitda dropped 9 per cent to Rs 1,250 crore against Rs 1,367 crore in the corresponding quarter last year.
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Bajaj Auto on Friday said its standalone profit rose by 1 per cent to Rs 1,126 crore in the June quarter compared with Rs 1,115 crore in the same quarter last year. The profit figure came in better than ET NOW poll estimate of Rs 1,060 crore. Margins took a beating, falling to 16.1 per cent from 18.3 per cent. Turnover for the quarter rose 5 per cent to Rs 8,197 crore from Rs 7,812 crore in the year-ago period. Ebitda dropped 9 per cent to Rs 1,250 crore against Rs 1,367 crore in the corresponding quarter last year.
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Watch Bajaj Auto Q1 profit meets estimates, rises 1% to Rs 1,126 crore With HD Quality
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FMCG major Hindustan Unilever on Thursday reported a 9 per cent year-on-year rise in profit at Rs 1,444 crore for December quarter. Analysts in an ET NOW poll had estimated the profit figure at Rs 1,452 crore.
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ITC on Friday posted 5.7% growth in revenue from operations at Rs 11,502.82 crore for the first quarter ending June 30, 2019 missing street estimates. The company attributed the sales growth to the paperboards, hotels and non-cigarette FMCG business. The cigarette-FMCG-hotel major’s net profit for the quarter grew by 12.6% at Rs 3173.94 crore over the same period last year.
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Watch ITC Q1 profit meets Street estimates, rises 13% YoY to Rs 3,174 crore With HD Quality
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March-quarter profit 13.32 billion rupees versus profit 13.10 billion rupees year ago. Consensus forecast for march-quarter profit was about 13 billion rupees. March-quarter total revenue from operations 85.96 billion rupees versus 68.16 billion rupees year ago. Board recommend dividend of 140 rupees per share.
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Bajaj Auto Q4 numbers out: Profit rises 1.7% to Rs 1332.1 Cr
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Oil-to-telecom giant Reliance Industries on Thursday reported 8.82 per cent year-on-year (YoY) rise in consolidated profit at Rs 10,251 crore. Analysts in an ET Now poll had estimated the profit at Rs 9,540 crore.
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Engineering and construction major Larsen & Toubro on Tuesday said consolidated profit after tax (PAT) rose 20.5 per cent to Rs 1,361 crore in the June quarter compared with Rs 1,129 crore in the same quarter last year.
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IT major Wipro on Tuesday reported a 35.82 per cent YoY rise in consolidated net profit at Rs 2,561.30 crore for the September quarter compared with Rs 1,885.70 crore in the corresponding quarter last year. On a sequential basis, the profit was up 6.2 per cent. The company has guided for IT services revenue of $2,065 million to $2,106 million for the December quarter. This translates to a sequential growth of 0.8 per cent to 2.8 per cent.
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CII presents CEO Speak at the India Economic Summit, organised by the World Economic Forum and Confederation of Indian Industry. Madhur Bajaj welcomes World Economic Forum in Mumbai. Speaks on the solutions to challenges faced by the Industry and importance of skills and training.Watch Madhur Bajaj, Vice Chairman, Bajaj Auto at India Economic Summit 2011 With HD Quality
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Mr Rahul Bajaj, Past President, CII and Chairman, Bajaj Auto Limited interacting with Shri Pranab Mukherjee, Hon'ble Finance Minister of India on Union Budget 2012 - 13 on 25 March 2012 at New Delhi.Watch Mr Rahul Bajaj, Past President, CII and Chairman, Bajaj Auto Limited With HD Quality
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