Business

Aditya Birla Group company Hindalco Industries Limited's profit in the first quarter (April-June) of FY 2024-25 increased by 25% year-on-year (YoY) to ?3,074 crore. The company's consolidated net profit was ?2,454 crore in the same quarter a year ago. Hindalco has released its first quarter results today i.e. on 13 August. The consolidated revenue i.e. income from operations of the…

Giving relief to Patanjali Ayurveda and yoga guru Swami Ramdev and Acharya Balkrishna, the Supreme Court has closed the contempt of court case against them. The court gave a stern warning to both of them and said that if they do anything in violation of the court orders, as happened earlier, then the court will give severe punishment. A bench…

The demand for premium products in the consumer electronics market in the country is increasing rapidly. During January to June 2024, the sales revenue (value) in the consumer electronics market increased by 11%, while the sales volume saw an increase of only 1%. During January to June 2024, earnings from smartphone sales have increased by 12%, while sales did not…

Automobile company Hero Moto Corp has earned a net profit (standalone net profit) of Rs 1,122.63 crore in the first quarter of the financial year 2024-25. It has increased by 36.12% on an annual basis. In the same quarter a year ago, the company had a profit of Rs 824.72 crore. Talking about the standalone revenue from the company's operations,…

E-commerce company Nykaa's profit in the first quarter (April-June) of FY 2024-25 increased by 152% year-on-year (YoY) to ? 13.64 crores. The company's consolidated net profit was ? 5.42 crores in the same quarter a year ago. Nykaa has released its first quarter results today i.e. on August 13. The consolidated revenue i.e. income from operations of the company has…

The stock market has seen a decline today i.e. on 13th August. Sensex closed at 78,956 with a fall of 692 points. Nifty also fell by 208 points. It closed at 24,139. Bank, oil and gas and metal stocks declined the most. At the same time, consumer durables rose by 1.30%. Out of 50 Nifty stocks, 12 rose and 38…

Godrej Industries Limited, a company that manufactures everything from soap to lockers, has made a profit (consolidated net profit) of Rs 322.49 crore in the first quarter of FY 2024-25. It has increased by 81.11% as compared to the same quarter a year ago. In Q1FY24 (first quarter of FY 2023-24), the company had a profit of Rs 178.06 crore.…

The profit of Indian Railway Catering and Tourism Corporation Limited i.e. IRCTC in the first quarter (April-June) of FY 2024-25 increased by 32.75% year-on-year (YoY) to ? 308 crores. Consolidated net profit was ? 232 crores in the same quarter a year ago. The company's revenue has increased by 11.88% on a year-on-year basis. Revenue from operations in the first…

Gold prices have seen a rise today i.e. on 13th August. According to India Bullion and Jewelers Association (IBJA), on Tuesday, 10 grams of 24 carat gold rose by Rs 482 to Rs 70,372. Yesterday its price was Rs 69,890 per ten grams. However, one kg silver has fallen by Rs 526 to Rs 80,598 per kg. Earlier yesterday, silver…

If you are planning to invest in mutual funds these days, then mid-cap funds can be a good option. This fund category has given a return of more than 66% in the last 1 year. If you can take risks, then investing in mid-cap funds can give you good benefits. We are telling you about mid-cap funds ... First of…