Adani Group
Adani Group is now in talks with a number of foreign lenders in an effort to repay the debt incurred after the purchase of Ambuja Cements Ltd. Barclays Plc, Deutsche Bank AG, and Standard Chartered Plc are among the institutions reportedly considering offering a combined loan of between $600 million and $750 million, according to reputable sources.
IOCL
IOCL shared its Q1 results on Friday. They earned 2,26,025.11 crores in revenue this quarter, but that’s less than the 2,31,926.82 crores they made last quarter. Unfortunately, the company’s growth decreased by 2.54 percent when comparing the two quarters. In terms of profits, the company’s PAT (Profit After Tax) for this quarter was 14,436.96 crores, up from 10,289.82 crores in the previous quarter. Their quarter-to-quarter growth increased by 40.30 percent.
RVNL
Rail Vikas Nigam Ltd (RVNL) has been awarded a prestigious project worth Rs. 1,088 crore by Haryana Rail Infrastructure Development Corporation (HRIDC). The Letter of Award (LoA) is for “Package No. C-4: Composite Contract Package in connection with New BG railway line of HORC project.” The estimated project cost is Rs. 1,088.49 crore, and it is scheduled to be completed in 1,460 days (4 years). On the trading front, RVNL’s stock witnessed a 3.96 percent dip, closing at Rs. 121.15.
Mahindra Finance
Mahindra Finance shared its Q1 results on Friday. They earned 3636.91 crores in revenue this quarter, but that’s more than the 3536.35 crores they made last quarter. The company’s growth increased by 2.84 percent when comparing the two quarters. In terms of profits, the company’s PAT (Profit After Tax) for this quarter was 358.69 crores, down from 681.33 crores in the previous quarter. Their quarter-to-quarter growth decreased by -47.35 percent.
Exide Industries
Exide Industries shared its Q1 results on Friday. They earned 4,267.78 crores in revenue this quarter, but that’s more than the 3,712.88 crores they made last quarter. The company’s growth increased by 14.95 percent when comparing the two quarters. In terms of profits, the company’s PAT (Profit After Tax) for this quarter was 224.11 crores, up from 181.07 crores in the previous quarter. Their quarter-to-quarter growth increased by 23.77 percent.
MRPL
MRPL shared its Q1 results on Friday. They earned 24884.31 crores in revenue this quarter, but that’s less than the 29487.54 crores they made last quarter. Unfortunately, the company’s growth decreased by -15.61 percent when comparing the two quarters. In terms of profits, the company’s PAT (Profit After Tax) for this quarter was 1014.79 crores, down from 1913.35 crores in the previous quarter. Their quarter-to-quarter growth decreased by -46.96 percent.
Equitas Small Finance Bank
Equitas Small Finance Bank shared its Q1 results on Friday. They earned 1425.32 crores in revenue this quarter, but that’s more than the 1394.41 crores they made last quarter. The bank’s growth increased by 2.22 percent when comparing the two quarters. In terms of profits, Equitas Small Finance Bank’s PAT (Profit After Tax) for this quarter was 191.20 crores, up from 190.03 crores in the previous quarter. Their quarter-to-quarter growth inclined by 0.61 percent.
India Grid Trust
India Grid Trust shared its Q1 results on Friday. They earned 654.53 crores in revenue this quarter, but that’s more than the 624.84 crores they made last quarter. The company’s growth increased by 4.75 percent when comparing the two quarters. In terms of profits, the company’s PAT (Profit After Tax) for this quarter was 104.22 crores, down from 134.96 crores in the previous quarter. Their quarter-to-quarter growth decreased by -22.78 percent.
Motherson Sumi Wiring
Motherson Sumi Wiring shared its Q1 results on Friday. They earned 1872.34 crores in revenue this quarter, but that’s less than the 1877.14 crores they made last quarter. Unfortunately, the company’s growth decreased by -0.26 percent when comparing the two quarters. In terms of profits, the company’s PAT (Profit After Tax) for this quarter was 123.13 crores, down from 138.47 crores in the previous quarter. Their quarter-to-quarter growth decreased by -11.08 percent.
Route Mobile
Route Mobile shared its Q1 results on Friday. They earned 982.26 crores in revenue this quarter, but that’s less than the 1023.26 crores they made last quarter. Unfortunately, the company’s growth decreased by -4.01 percent when comparing the two quarters. In terms of profits, the company’s PAT (Profit After Tax) for this quarter was 92.44 crores, down from 101.61 crores in the previous quarter. Their quarter-to-quarter growth decreased by -9.02 percent.
NLC India
NLC India shared its Q1 results on Friday. They earned 3428.48 crores in revenue this quarter, but that’s less than the 5855.57 crores they made last quarter. Unfortunately, the company’s growth decreased by -41.45 percent when comparing the two quarters. In terms of profits, the company’s PAT (Profit After Tax) for this quarter was 404.71 crores, down from 829.67 crores in the previous quarter. Their quarter-to-quarter growth decreased by -51.22 percent.
United Breweries
United Breweries shared its Q1 results on Friday. They earned 5253.43 crores in revenue this quarter, but that’s more than the 4092.80 crores they made last quarter. The company’s growth increased by 28.36 percent when comparing the two quarters. In terms of profits, the company’s PAT (Profit After Tax) for this quarter was 136.21 crores, up from 9.81 crores in the previous quarter. Their quarter-to-quarter growth increased by 1,288.48 percent.
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