IndusInd Bank posted 33% rise in net profit for the quarter ended June to Rs 2,124 crore. Total income for the quarter increased 28% YoY to Rs 12,939 crore.
Q1 results of ICICI Lombard, ICICI Prudential; Orient Bell ex-dividend stock in Top News on July 18: Nifty, Amit Shah to launch Sahara Refund Portal, POCO C51 Airtel edition Flipkart sale in focus.
L&T Tech Q1 results: The company's Q1 FY24 profit came at Rs 311.1 crore as against Rs 275.4 crore in the same period a year ago. Revenue from operations grew by 15 per cent to Rs 2,301.4 crore compared to Rs 2,006.2 crore in the corresponding period last year. In dollar terms, revenue stood at $280 million, a growth of 10 per cent (YoY) in constant currency.
Sequentially, net profit was down 8.5% while revenue was down 2.9% after segments like consumer electronics and semiconductor engineering business saw some pressure during the quarter.