Mukesh Ambani-led Reliance Industries(RIL) on Friday reported 6.82 per cent year-on-year rise in consolidated net profit at Rs 10,104 crore for the quarter ended June 30. Analysts in an ET NOW poll had projected a profit of Rs 9,550 crore. The oil-to-telecom behemoth had posted a net of Rs 9,459 crore in the corresponding quarter last year.
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Watch Reliance Q1 results: Profit rises 7% to Rs 10,104 crore With HD Quality.
Mukesh Ambani-led Reliance Industries(RIL) on Friday reported 6.82 per cent year-on-year rise in consolidated net profit at Rs 10,104 crore for the quarter ended June 30. Analysts in an ET NOW poll had projected a profit of Rs 9,550 crore. The oil-to-telecom behemoth had posted a net of Rs 9,459 crore in the corresponding quarter last year.
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Oil-to-telecom major Reliance Industries (RIL) on Thursday said its fourth quarter profit rose 9.79 per cent year-on-year (YoY) to Rs 10,362 crore. Analysts in an ET NOW poll had projected a net of Rs 10,000 crore. India’s biggest company in terms of market capitalisation had posted a profit of Rs 9,438 crore in the corresponding quarter last year.
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IT major Infosys on Friday reported a 5.3 per cent year-on-year rise in profit at Rs 3,802 crore for the June quarter. Sequentially, profit fell 6.8 per cent. Analysts in an ET NOW poll had projected a net of Rs 3,730 crore. The company has increased FY20 revenue growth guidance to 8.5-10 per cent in constant currency, while maintaining FY20 operating margin guidance in range of 21-23 per cent.
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NEW DELHI: Mukesh Ambani-led Reliance IndustriesNSE 2.80 % on Friday beat Street estimates in December quarter earnings, as it posted 13.55 per cent year-on-year (YoY) rise in profit at Rs 11,640 crore on robust growth in telecom and retail verticals.Analysts in an ET NOW poll had estimated the profit number at Rs 11,400 crore.The company’s overall revenue declined 2.48 per cent to Rs 1.57 lakh crore from Rs 1.61 lakh crore in the year-ago period.
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Wipro Ltd today reported a near 1 per cent quarter-on-quarter fall in its consolidated net profit to Rs 2,974.3 crore for the quarter ended March, which was higher than analysts’ estimate of Rs 2,831.2 crore. The company reported a near 4 per cent quarter-on-quarter growth in consolidated revenues to Rs 16,245.4 crore for the quarter, which was also higher than analysts’ estimate of Rs 15,956.4 crore.
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Wipro Q4 results: Profit beats estimates, jumps 28% to Rs 2,972 cr YoY; revenue rises 4%
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Asian Paints on Wednesday said its consolidated net profit after minority interest jumped 17.7 per cent year-on-year (YoY) to Rs 655 crore for the quarter ended June 30, 2019 compared with Rs 556.85 crore in the same 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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Housing Development Finance Corporation (HDFC) on Friday reported 46 per cent rise in its standalone net profit of Rs 3,203 crore during April to June quarter of the current financial year (Q1 FY20). The country's largest mortgage lender had posted a net profit of Rs 2,190 crore during the corresponding period of 2018-19.
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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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FMCG major Hindustan Unilever Ltd (HUL) on Monday reported a 21.18 per cent rise in standalone net profit to Rs 1,848 crore for the quarter ended on September 30, 2019, mainly driven by home care, and beauty and personal care verticals. The company had posted a net profit of Rs 1,525 crore for the corresponding period of the previous fiscal, HUL said in a filing to BSE.
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Disclaimer:
The purpose of this channel is not to support or encourage underage drinking but to provide knowledge of the products we consume. This channel does not promote or sell any alcoholic product. The purpose of this channel is to strictly entertain and inform people about products available on the market. We are strictly against underage drinking and do not support it.
About The Channel:-
If you love homestyle cocktails, reviews of Alcohol, Drink kn
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