Thursday, December 19

Tag: Q1 results

Travel platform Yatra Online reports Q1 net profit of Rs 5.99 crore
16Oct By adminNo Comments
Business

Travel platform Yatra Online reports Q1 net profit of Rs 5.99 crore

In the hotels segment, revenue from hotels and packages increased by 17.6 per cent to Rs 44.8 crore, supported by a recovery in domestic travel and the addition of new distribution partners | Illustration: Ajay Mohanty Yatra Online Ltd, an online travel platform, reported a modest 2.7 per cent increase in net profit to Rs 5.99 crore for the quarter ended 30 June 2023, compared to Rs 5.82 crore in the corresponding period last year. Revenue from operations for the first quarter rose by 24 per cent to Rs 110.17 crore, up from Rs 88.96 crore in the same period last year. The company highlighted its strongest performance in air travel since the onset of the Covid-19 pandemic, registering a 41.5 per cent year-on-year increase in the number of air passengers booked. This figure far...
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Electricity output sees 1.3% Q1 growth due to unseasonal rains: Govt Data
13Aug By adminNo Comments
Business

Electricity output sees 1.3% Q1 growth due to unseasonal rains: Govt Data

The country's electricity output witnessed a marginal growth of 1.3 per cent in April-June quarter of 2023, compared to 17.1 per cent in the same period a year-ago, mainly due to unseasonal rains, government data shows. According to the latest Index of Industrial Production (IIP) data, a measure for factory output, electricity output contracted by 1.6 per cent in March and 1.1 per cent in April this year. The electricity output remained almost flat and saw a growth rate of 0.9 per cent in May and improved marginally to 4.2 per cent in June this year. The data showed that the electricity output growth remained low at 1.3 per cent in the April-June quarter of this fiscal, compared to 17.1 per cent a year ago. Industry experts said electricity output, deman...
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Net profit flat at Rs 1,612 crore; ARPU at Rs 200
3Aug By adminNo Comments
Business

Net profit flat at Rs 1,612 crore; ARPU at Rs 200

Bharti Airtel on Thursday reported a flat consolidated net profit of Rs 1,612 crore in the first quarter (Q1) of 2023-24 (Fy24), compared with Rs 1,607 in the same quarter last year. On a sequential basis, net profit nearly halved from the Rs 3,005.6 crore posted in the fourth quarter of 2022-23. The consolidated revenue for Q1FY24 grew 19 per cent year-on-year (YoY) to Rs 19,746 crore. Ebitda margins improved 271 basis points YoY, reaching 53.7 per cent. Present across 16 countries, Airtel’s overall customer base stood at 529 million. The company stated that its total global capital expenditure for the quarter stood at Rs 10,486 crore, with the bulk (Rs  9,327 crore) being undertaken in India, where the company is rolling out 5G services. Meanwhile, revenue fr...
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Sensex falls for 2nd day, slips 299 pts; ITC sheds 4%; auto stocks gain
24Jul By adminNo Comments
Business

Sensex falls for 2nd day, slips 299 pts; ITC sheds 4%; auto stocks gain

Stock Market Highlights: The frontline indices ended in red for the second straight day on Monday owing to losses in index heavyweights ITC and Reliance Industries. Select IT and metal shares also dwindled under selling pressure, while auto stocks stood firm. The S&P BSE Sensex swung between zones for a major part of the trading day, wherein the index touched a high of 66,809. However, aggressive selling pressure towards the fag end of the day saw the BSE benchmark slide to a low of 66,326, before settling with a loss of 299 points at 66,385. The NSE Nifty 50 touched a high of 19,783, and then dipped to a low of 17,658. The NSE benchmark eventually ended 73 points lower at 19,672. Index heavyweight ITC tumbled over per cent, afte...
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Sensex, Nifty off record highs; Sheela Foam rises 9%
18Jul By adminNo Comments
Business

Sensex, Nifty off record highs; Sheela Foam rises 9%

Stock market LIVE updates: Equity indices extended their record high-run at the bourses on Tuesday, surging up to 0.5 per cent in early deals. The Nifty50 index scaled a fresh all-time high of 19,811, while the S&P BSE Sensex touched the 66,986-mark. ...Read MoreNo article available in this category.First Published: Jul 18 2023 | 7:49 AM IST
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