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LIC Reports Q2 Net Decline to Rs 7,925 Crore
According to a regulatory filing, LIC, which is government-owned in India, reported a net premium of Rs 107,397.76 crore for the quarter ending September 30, 2023, compared to Rs 132,104.13 crore in the same period in the previous fiscal year.
Coal India Achieves Rs 6,800 Crore Net Profit in July-September Quarter
This growth is attributed to higher sales compared to the same quarter last year when the company recorded a net profit of Rs 6,043.55 crore.
SAIL Bounces Back with a Profit of Rs 1,306 Crore in Q2
SAIL achieved a 13% growth in consolidated revenue from operations, reaching Rs 29,712 crore in Q2FY24, compared to Rs 26,246 crore in Q2FY23.
Hindalco Records Q2 Profit After Tax of Rs 847 Crore
According to the regulatory filing, the company achieved operational revenue of Rs 20,676 crore for the quarter ending September 30, 2023, compared to Rs 18,382 crore in Q2FY23.
Bata India Sees Net Profit Decrease to Rs 34.48 Crore Due to VRS Expenditure
The net profit for this period stood at Rs 34.48 crore, down from Rs 51.1 crore reported in the same period in the previous year.
BHEL Records Rs 238 Crore Loss in July-September Quarter
This contrasts with the profit of Rs 12.10 crore the company had achieved in the same quarter of the previous year.
Tata Power Reports 9% Growth in Q2 Net Profit, Reaches Rs 1,017 Crore
The company also disclosed that it has successfully resolved the tariff issue affecting its hydro power plant in Zambia and has received a portion of the outstanding dues, amounting to $102 million, from the Zambia Electricity Supply Corporation.
Uber Records 11% Sales Growth, Reaching $9.3 Billion in Q3 with 27 Million Daily Trips
Gross bookings experienced a significant 21% year-over-year growth, reaching $35.3 billion.
HPCL posts Rs 5,827 crore profit in July-September quarter
However, the net profit for HPCL fell 14 percent sequentially from its April-June quarter profit of Rs 6,765.50 crore due to a spike in crude oil prices.
Byju's Main Business Records a Net Income Loss of Rs 2,253 Crore in FY22, Achieves 2.3x Revenue Growth
EBITDA loss represents a loss in earnings before interest, taxes, depreciation, and amortization.
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