Q2 Results

Pokarna posts Rs 44 cr net in Q3

Hyderabad: Pokarna Limited posted a net profit of Rs 44.96 crore for the third quarter ending on September 30, 2024, an increase of 37.49 per cent compared to the same period a year ago. The company’s total revenues zoomed 24.33 per cent to Rs 253.46 crore during the quarter under review. Its EBITDA stood at Rs 88.29 crore, a growth of 20.67 per cent compared to Q2FY24. It reported an EBIT of Rs 77.76 crores, a growth of 22.44 per cent year-on-year. The company declared an EPS of Rs 14.50, a growth of 37.49 per cent compared to Q2FY24.

Reliance Power posts Rs 2,878 cr net profit

New Delhi: Reliance Power has posted a consolidated net profit of Rs 2,878.15 crore in the July-September quarter of this financial year. The company had reported a net loss of Rs 237.76 crore in the quarter ended September 30, 2023. Total income of the company dipped to Rs 1,962.77 crore in the quarter under review, from Rs 2,116.37 crore in the same period a year ago. The company has gained Rs 3,230.42 crore on deconsolidation of a subsidiary, the company said in a regulatory filing on Tuesday.

Swiggy-backed Rapido sees net loss at Rs 371 cr

New Delhi: Homegrown ride-sharing platform Rapido registered a net loss of Rs 371 crore last fiscal (FY24) from Rs 675 crore in FY23. Controlled expenditure helped the company cut losses by about 45 per cent in FY24 from Rs 675 crore in FY23, as return on capital employed (ROCE) and EBITDA margins stood at -90.7 per cent and -52.5 per cent, respectively. The Swiggy-backed platform spent Rs 1.65 to earn Rs 1 last fiscal, according to its financials.

Nalco Q2 profit rises to Rs 1,046 cr

New Delhi: State-owned Nalco on Wednesday said its consolidated profit rose more than five-fold to Rs 1,045.97 crore in the quarter ended September 2024 on the back of higher revenue from operations.

The company had posted a consolidated profit of Rs 187.35 crore in the year-ago period, National Aluminium Company Ltd (Nalco) said in a stock exchange filing. The consolidated revenue from operations in the latest July-September period rose to Rs 4,001.48 crore from Rs 3,043.83 crore recorded in the year-ago period, the filing said. The company’s board has approved an interim dividend of Rs 4 per share for the current financial year. Nalco is a ‘Navratna’ company.

Kalyan Jewellers PAT dips in Q2

Mumbai: Jewellery retailer Kalyan Jewellers on Tuesday reported a 3.37 per cent decline in consolidated profit after tax (PAT) to Rs 130.32 crore during the September quarter. The company’s PAT stood at Rs 134.87 crore in the year-ago period, Kalyan Jewellers said in a regulatory filing.