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ICICI Bank: ICICI Bank has received the approval from Reserve Bank of India to increase shareholding in ICICI Lombard General Insurance Company in multiple tranches up to 4% additional shareholding.
Yatharth Hospital: Shares of the super-speciality hospital chain will debut on the bourses today, 7 August 2023. The final issue price is Rs 300 per share.
Britannia Industries: The FMCG major's consolidated net profit jumped 35.6% to Rs 457.55 crore in Q1 FY24 as against Rs 337.44 crore recorded in Q1 FY23. Revenue from operations grew by 8.6% year on year to Rs 3,969.84 crore in the quarter ended 30 June 2023.
Bank of Baroda: The public sector bank's net profit surged 87.7% to Rs 4,070.07 crore in Q1 FY24 as compared with Rs 2,168.13 crore in Q1 FY23. Total income increased 48.5% to Rs 29,878.07 crore during the quarter as compared with Rs 20,119.52 crore recorded in corresponding quarter last year.
Bharat Heavy Electricals' (BHEL): BHEL's consolidated net profit tumbled 82.9% to Rs 343.89 crore in Q1 FY24 as against Rs 187.99 crore reported in Q1 FY23. Revenue from operations rose 8.3% year on year (YoY) to Rs 4,818.37 crore in the quarter ended 30 June 2023.
Oil India: Government of India elevated Oil India to Maharatna category. Oil India is now the 13th Maharatna CPSE in the country.
Fortis Healthcare: The healthcare company's consolidated net profit declined 8.6% to Rs 111.76 crore in Q1 FY24 from Rs 122.25 crore recorded in Q1 FY23. Revenue from operations grew by 11.4% year on year to Rs 1,657.41 crore in the quarter ended 30 June 2023.
Delhivery: The logistics solution provider reported a consolidated net loss of 89.48 crore in Q1 FY24 as against a net loss of Rs 399.34 crore posted in Q1 FY23. Revenue from operations increased 10.5% year on year to Rs 1,929.78 crore in the quarter ended 30 June 2023.
Alembic Pharma: The pharmaceutical company reported a consolidated net profit of Rs 120.60 crore in Q1 FY24 as against a net loss of Rs 65.88 crore in Q1 FY23. Revenue from operations jumped 17.7% to Rs 1,486.15 crore in the June quarter from Rs 1,262.14 crore recorded in Q1 FY23.
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