Corporate News
BPCL records consolidated net profit of Rs 8,501 crore in September quarter
The state-owned entity’s consolidated revenue however fell 9 per cent year-on-year to Rs 1.17 lakh crore in the September quarter.
Reliance Retail delivers strong performance with Rs 77,148 cr gross revenue for Q2 FY24
Grocery and Fashion & Lifestyle businesses maintained strong growth momentum while Consumer Electronics had a steady performance despite festive period falling in Q3 FY24.
RIL posts consolidated revenue of Rs 2.55L cr for Q2 FY24
Revenue for JPL increased by 10.6 per cent Y-o-Y, led by 7.5 per cent increase in subscriber base and higher ARPU.
Priya Nair elevated to Unilever’s leadership team
India born executive Priya Nair, currently Chief Marketing Officer, Beauty & Wellbeing, has been appointed President, Beauty & Wellbeing, replacing Fernando Fernandez.
Air India deploys newly inducted Boeing 777 aircraft to all three US destinations
The airline spokesperson said that for the first time, all North American cities served by Air India from Mumbai have been upgraded to aircraft with modern-generation seats and in-flight entertainment systems in all classes.
Indian Overseas Bank posts Rs 624.34 cr PAT for Q2
In a regulatory filing IOB said for the quarter ended September 30, it had booked a total income of Rs 6,935.21 crore (Q2FY23 Rs 5,852.45 crore) and a net profit of about Rs 624.58 crore (Rs 501.34 crore).
Goersch appointed as Air India COO, Sandhu will transition to an advisory role
According to the airline officials, Goersch will be based out of Air India's new headquarters in Gurugram.
Maruti Suzuki Q2 profit vrooms to Rs 3,716.5 cr
In a regulatory filing, the company said for the period ended September 30, its sales revenue stood at Rs 35,535.1 crore (Q2FY23 Rs 28,543.5 crore) and the net profit at Rs 3,716.5 crore (Rs 2,061.5 crore).
Bajaj Finserv Q2 PAT at Rs 754 cr
In a regulatory filing, the company said for the second quarter that ended September 30, it has earned a total income of Rs 1,019.07 crore (Q2FY23 Rs 689.42 crore) and a net profit of Rs 754.34 crore (Rs 485.08 crore).
Zepto’s revenue surges 1,339% in FY23, losses widen 3X to Rs 1,272 crore
In its second year since launching its first dark store in Mumbai, Zepto’s revenue has grown 14 times to Rs 2,024 crore (from Rs 142.36 crore in FY22), while losses widened by three times to Rs 1,272 crore -- from Rs 390 crore in FY22.
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