Q1 RESULTS

Vedanta net profit rises 37%

New Delhi: Mining conglomerate Vedanta Ltd on Tuesday reported a 36.5 per cent rise in consolidated net profit at Rs 3,606 crore for the quarter ended June 30, 2024. The company had posted a net profit of Rs 2,640 crore in the year-ago period. The consolidated income of the company in the April-June period rose to Rs 36,698 crore over Rs 34,279 crore in the year-ago period, according to an exchange filing.

PFC net profit rises 20%

New Delhi: State-owned Power Finance Corporation on Tuesday posted over 20 per cent rise in its consolidated net profit to Rs 7,182.06 crore in June 2024 quarter compared to a year ago, mainly due to higher revenues. The company reported a consolidated net profit of Rs 5,982.14 crore in the quarter ended on June 30, 2024, a regulatory filing showed.

Shree Cement’s net profit down 51.3%

New Delhi: Bangur family promoted Shree Cement Ltd on Tuesday reported a decline of 51.31 per cent in its consolidated net profit to Rs 278.45 crore for the first quarter ended June 2024. The company had posted a net profit of Rs 571.94 crore in the April-June period a year ago, according to a regulatory filing from Shree Cement Ltd (SCL).

Devyani profit at Rs 224 cr

New Delhi: Devyani International Ltd, the operator of Pizza Hut, KFC, and Costa Coffee stores, has reported a profit of Rs 224.30 crore for June quarter FY25 helped by marketing campaigns and promotional deals. The Quick Service Restaurant (QSR) operator had reported a loss of Rs 1.59 crore in April-June FY24, according to a regulatory filing by the Jaipuria family-promoted firm on Monday.