Q1 Snippets in View: Results of 2 Tata Companies, 1 Maharatna PSU & More

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Q1 Snippets in View: Results of 2 Tata Companies, 1 Maharatna PSU & More
Credit: © Reuters.

By Malvika Gurung

Investing.com -- Bharti Airtel (NS: BRTI ): The telecom major’s net profit in Q1 FY23 skyrocketed 466% YoY to Rs 1,607 crore, led by tariff hikes and 4G customer addition. Total revenue climbed 22.2% YoY to Rs 32,804.6 crore and ARPU continued to be the best in the industry

Power Grid (NS: PGRD ) Corporation of India: The Maharatna PSU’s consolidated net profit fell 36.6% YoY to Rs 3,801.2 crore in the June quarter and total revenue climbed 6.7% YoY to Rs 10,905.2 crore.

Indraprastha Gas (NS: IGAS ): The natural gas distributor’s net profit jumped 72% YoY to Rs 420.86 crore in Q1 FY23, backed by higher sales volume.

Tata Chemicals (NS: TTCH ): The company’s consolidated net profit rallied 86.25% YoY to Rs 637 crore in the Apr-Jun quarter, while revenue from operations surged 34.15% YoY to Rs 3,995 crore.

National Aluminum Company (NS: NALU ): The state-owned miner’s consolidated net profit jumped 60.6% YoY to Rs 557.9 crore as net sales surged 53% YoY to Rs 3,783.3 crore in June 2022 quarter. It board has announced a  final dividend of Rs 1.5/share in FY22.

Gujarat Narmada Valley Fertilizers & Chemicals (NS: GNFC ): The agrochemicals manufacturer’s consolidated profit soared 136% YoY to Rs 571.4 crore in Q1 FY23, led by a 93% YoY jump in revenue to Rs 2,696 crore and a 94% YoY surge in EBITDA during the period despite higher input costs.

Tata Teleservices (NS: TTML ): The telecom company narrowed losses in Q1 FY23 by 7.33% to Rs 318.45 crore, while revenue from operations slipped slightly to Rs 266.5 crore.

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  • NIRAV JARIWALA @NIRAV JARIWALA
    fack results and news wale hi share ki price up and down karte hai results accha aaye ya bura
    Like 0

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