REC registers highest 1st quarter profit of Rs 3,442 cr
Aided by growth in profits, the Net Worth has grown to Rs 72,351 crore as on 30th June 2024, registering an increase of 19 per cent YoY.
Aided by growth in profits, the Net Worth has grown to Rs 72,351 crore as on 30th June 2024, registering an increase of 19 per cent YoY.
Whirlpool of India's total expenses surged 30.09 percent to Rs 1,321.92 crore in Q1 FY22 compared to Rs 1,016.12 crore in the year-ago period.
"Despite challenging market conditions, the team has been able to deliver good results. We expect these headwinds to ease in the upcoming quarters as demand for personal mobility remains strong", MSSL Chairman Vivek Chaand Sehgal said.
Bank’s net interest income rose by 17.1 per cent to Rs 6,403 crore as against Rs 5,468 crore in the same period last year.
The stock declined 1.90 per cent to Rs 2,757.65 on the BSE. On the NSE, it fell 1.90 per cent to Rs 2,756.05.
The stock gained 5.77 per cent to Rs 702.40 on the BSE, but at 2.02 pm the share prices came close to per cent to Rs 681.45.
On Saturday the bank said its total income during the quarter rose 21.78 per cent to Rs 26,066 crore from Rs 21,405.50 crore a year earlier.
The bank's income on a consolidated basis rose to Rs 37,939.32 crore in the said quarter from Rs 33,868.89 crore in April-June 2019.
Bank’s provision and contingencies also witnessed a sharp increase of 48.89 per cent YoY to Rs 3,891.52 crore during the quarter under review.
The company had registered a net profit of Rs 2,220 crore in the same quarter last year.
