Q1 RESULTS

Tata Play’s revenue dips to ` 4,304.6 cr

New Delhi: Leading DTH operator Tata Play (erstwhile known as Tata Sky) has reported widening of its consolidated loss to Rs 353.9 crore, as revenue from operations declined 4.32 per cent to Rs 4,304.62 crore in the financial year ended March 31, according to financial data accessed by business intelligence platform Tofler.In FY23, the company had reported a net loss of Rs 105.25 crore and its revenue from operations stood at Rs 4,499.19 crore. Total expenses of Tata Play, in which Tata Sons now owns 50 per cent share, has increased 1.47 per cent to Rs 4,760.55 crore in FY24.

Choice International profit rises 50%

New Delhi: Financial services firm Choice International on Friday reported a 50 per cent growth in profit after tax to Rs 32 crore for three months ended June 2024. In comparison, the company posted a Profit After Tax (PAT) of Rs 21.3 crore in the year-ago period, Choice International said in a statement. The company’s total revenue rose 48 per cent year-on-year to Rs 205.9 crore in the April-June quarter from Rs 139.3 crore in the year-ago period (FY24). “Q1FY25, being focused on elections, led to a stock market rally, with Nifty and Sensex reaching all-time highs

Jubilant Pharmova posts multi-fold rise in net profit

New Delhi: Jubilant Pharmova Ltd on Friday reported a multi-fold jump in consolidated net profit to Rs 481.8 crore boosted by gain on sale on investment in associate firm SOFIE Biosciences Inc USA.

The company had posted a consolidated net profit of Rs 6 crore a year earlier, Jubilant Pharmova said in a regulatory filing. Consolidated total revenue from operations stood at Rs 1,731.7 crore as against Rs 1,586.9 crore in the year-ago period, it added.