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GODFREY PHILLIPS INDIA PROFIT FALL
ITC shares gain 3% after Q1 results. Here’s why Nomura upgraded the stock to BuyITC shares rose 2% after the FMCG major reported June-quarter results, despite a 27% YoY decline in standalone net profit. Revenue grew 28%...- Indian cigarette makers ITC, Godfrey Phillips, VST Industries see revenue and profit decline after tax hikeLeading Indian cigarette firms reported revenue and profit declines in the recent quarter. This downturn followed significant government ta...
- Bajaj Finserv Q1 net up 18% on NBFC strengthBajaj Finserv announced an eighteen percent profit increase for the June quarter. This growth was primarily fueled by strong consumer finan...
- ITC Q1 profit plunges 27% due to record cigarette taxes and West Asia crisisITC's first quarter net profit declined twenty-seven percent year-on-year. Record taxation on cigarettes significantly impacted the company...
- From 87% to 51%: How Nifty50 companies lost their grip on India Inc's profitsNifty 50 companies now contribute only 51% of aggregate profits, down from 87%. Earnings growth has accelerated across the broader Indian c...
- Stocks in news: Maruti Suzuki, ITC, Vedanta, Swiggy, RILIndian markets traded in a narrow range, settling marginally higher with mixed cues. Maruti Suzuki, ITC, and Vedanta shares are in focus du...
- Ahead of Market: 10 things that will decide stock market action on FridayIndian equities extended gains after the US Federal Reserve kept rates unchanged, with Sensex rising 274 points and Nifty closing above 24,...
- Qualcomm shares fall 5% as higher costs, Apple-related weakness cloud profit forecastQualcomm's stock has seen a notable drop following its alert about escalating memory costs. Increased expenditures and rising prices are ex...
- Maruti Q1 Results Preview: What could lead to a profit decline for India's largest carmaker?Maruti Suzuki is expected to post strong Q1FY27 revenue growth of 31% YoY, driven by robust volumes and better realisations. However, the a...
- ITC Q1 Preview: Will cigarette tax shock drag profit lower despite FMCG strength?ITC is expected to report a weak Q1FY27 as the first full-quarter impact of the new cigarette tax regime weighs on volumes and profitabilit...
- J&K Bank Q1 profit slips 13% as higher provisions hit earningsJammu and Kashmir Bank reported a 12.6% decline in Q1 net profit to Rs 424 crore due to higher provisions despite improved asset quality. A...
- Dhanlaxmi Bank Q1 profit more than doubles on lower provisionsDhanlaxmi Bank reported a more than twofold rise in Q1 net profit to Rs 24.9 crore, driven by higher income and lower provisions. Asset qua...
- Lamborghini profit slips as tariffs, Middle East conflict weighLamborghini's operating profit declined over eight percent in the first half. This reflects sector-wide fragility spurred by tariffs and Mi...
- Ahead of Market: 10 things that will decide stock market action on WednesdayIndian equities ended lower on Tuesday as Sensex and Nifty erased early gains after a sharp rally. Analysts cited cautious sentiment ahead ...
- Equitas SFB returns to profit in Q1 as provisions fall sharplyEquitas Small Finance Bank posted a first-quarter net profit of Rs 184 crore against a year-ago loss, aided by sharply lower provisions. Th...
- Godfrey Phillips shares fall 6% as Q1 net profit declines over 44% amid tax-led price increaseGodfrey Phillips reported a 44.3% year-on-year decline in June-quarter net profit as higher excise duty weighed on earnings, even as gross ...
- Q1 Results today: Coal India, Tata Power, BEL, Coforge, among 68 companies to announce earningsThe Q1 FY27 earnings season gathers pace on Monday, with 68 companies set to announce their April-June quarter results. Key names on the ra...
- PVR Inox among 5 stocks flashing bullish signals, hinting at a possible uptrendOn July 24, five stocks in the Nifty500 appeared on the 'White Marubozu' bullish scanner, according to StockEdge's technical scan data. The...
- Stocks in news: IDFC Bank, Maruti Suzuki, ONGC, BoB, Adani EnergyIn today's trade, shares of IDFC Bank, Maruti Suzuki, ONGC, BoB, Adani Energy among others will be in focus due to various news development...
- Will Nifty, Sensex fall for 6th straight session on Monday? US Fed among 5 factors to watch this weekIndian equities extended losses for a fifth session amid rising oil prices, persistent FII outflows and geopolitical tensions. Investors no...
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