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Bosch Q2 net profit flat at Rs 372.4 cr

Updated at : 2022-11-08 19:35:03

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"The surge in demand on the back of the continued recovery of the automotive market has contributed to a strong performance this quarter. We have witnessed robust topline growth, posting consistent profits over a low base in the same quarter of the previous year," Bosch Ltd Managing Director Soumitra Bhattacharya stated.

Greenply Q2 net profit down 26% to Rs 23.6 crore

Updated at : 2022-11-08 19:35:03

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"We delivered good volume growth in the quarter backed by the commissioning of the Sandila unit and improved demand momentum due to festivities. The macro-environment has been challenging with a continued increase in timber prices, partially offset by the ease in some chemical prices. The situation remains volatile," Greenply Joint MD & CEO Manoj Tulsian said.

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Total disbursements during H1 FY2022-23 jumped by 69 per cent to Rs 1,129 crore as against Rs 668 crore in the same period of 2021-22, Aptus Value Housing Finance said in a release.The assets under management grew by 33 per cent to Rs 5,932 crore at end of September 2022, from Rs 4,480 crore a year ago.

Zee Media Corporation Q2 net loss at Rs 12.08 crore

Updated at : 2022-11-08 19:35:03

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ZMCL is one of the leading news networks of India. Formerly known as Zee News Ltd, ZMCL is a part of media baron Subhash Chandra-led Essel Group and operates one of the largest news networks with 14 news channels in ten different languages.

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The company attributed the rise in operating profit to sales volume growth across markets, including India, which offset the impact of higher raw material prices.Suzuki said its automobile sales across markets for the April-September period stood at 14.63 lakh units as compared to 12.55 lakh units in the same period last year.

Usha Martin net profit rises 7 pc to Rs 45 crore

Updated at : 2022-11-08 18:40:03

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Usha Martin is a leading global manufacturer of wire ropes with manufacturing facilities in Ranchi, Hoshiarpur, Dubai, Bangkok and the UK where the company produces the widest range of wire ropes.

"We have delivered a PBT growth of 6 per cent in spite of revenue degrowth and absorption of high-cost inventories. EPC has delivered positive EBIT for the current quarter coupled with a strong focus on the collection of receivables," Bajaj Electricals Chairman and Managing Director Shekhar Bajaj said.

During the quarter, Jubilant opened 76 new Domino’s stores taking the network strength for Domino’s in India to 1,701 stores. It entered 22 new cities during the quarter to expand its reach to 371 cities across India. The company also opened two new stores for Popeyes and one store for Dunkin’.

The IPO consists of a fresh issue of equity shares aggregating up to Rs 805 crore and an offer-for-sale (OFS) of up to 1.61 crore shares by the promoter and investors, including the India Resurgence Fund -- a joint venture between Piramal Group and Bain Capital.

"We are well above pre-COVID levels, and once business recovers from key markets such as China and Russia, the ongoing growth from the other regions would be further complemented," Shikhar Aggarwal, Joint Managing Director, BLS International, said.

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