Jio Financial Services Q1 FY25: Net Profit Drops 5.72% to INR 313 Crore, Launches New Financial Products
Jio Financial Services reported a 5.72% drop in Q1FY25 net profit to INR 313 crore. The interest income fell 19.8%. JFS introduced new financial products and expanded its services. This includes digital insurance and leasing, despite the profit decline. Analysts suggest holding Jio Financial.
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IREDA Q1 Results Show 30% Surge in Profits: From Asset Quality to Future FPO Plans Check All the Details
IREDA reported a 30% rise in Q1 net profit to INR 383.69 crore. They also showed improved asset quality and significant growth in loan sanctions and disbursements. The company plans an INR 4,000-INR 5,000 crore FPO.
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TCS Shows 9% Profit Surge, INR 10 Dividend and Strong Revenue Growth in Q1 of FY25
On July 11, 2024, Tata Consultancy Services (TCS) reported a 9% rise in net profit of INR 12,040 crore and a 5.4% increase in revenue of INR 62,613 crore for Q1 of FY25. TCS announced an interim dividend of INR 10 per share.
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ITC Achieves 12% Surge in FMCG Sales: Check how this Second Largest Packaged Food Company Reached INR 32,500 Crore in FY24
ITC reported a 12% increase in FMCG consumer spending. It achieved INR 32,500 crore in FY24 due to this growth. With strong performances from brands like Aashirvaad and Sunfeast, ITC has become India's second-largest listed packaged foods company. Despite inflation, ITC's strategy boosted its revenue and profit.
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5 Equity Shares for 1, Stock Split and Dividend: Premier Quarter for Premier Explosives
Premier Explosives Ltd. announced stock split in the ratio of 5:1 and will also recommend a dividend of INR 2.5 per share. The company reported a huge 180.08% increase in net profit and a rise of 65.88% in sales for Q4 of 2024.
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