Corporate News
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.
With lower costs & revenue. Coromandel International logs Q2 PAT Rs 762 cr
In a regulatory filing, Coromandel International said it had closed the quarterwith an operational revenue of Rs 6,985.6 crore (Q2FY23 Rs 10,108.62 crore) and a net profit of Rs 762 crore (Rs 738.12 crore).
Punjab National Bank Q2 PAT zooms to Rs 1,756.13 cr
In a regulatory filing, Punjab National Bank said for the quarter ended September 30 it had earned a total interest income of Rs 26,354.92 crore (Q2FY23 Rs 20,154.02 crore) and a net profit of Rs 1,756.13 crore (Rs 411.27 crore).
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