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👉Voltas scrip ended in red with a 10.5% fall
Voltas reported a 10.52 percent fall in its Q1FY23 consolidated net profit at Rs 109.62 crore as against Rs 122.4 crore it recorded a year back. The revenue from operations rose 55 percent to Rs 2,768 crore against Rs 1,785.20 crore on-year. CLSA has kept the ‘sell’ rating. 👉Adani Power profit grows 17-fold YoY; revenue jumps 109%
Adani Power reported a 17-fold year-on-year (YoY) increase in consolidated profit at Rs 4,780 crore for the June FY23 quarter, backed by a healthy top line, other income, and operating performance. The growth on sequential basis was 2.9 percent. 👉Indigo loss narrows down to Rs. 1,064 crore
Indigo reported a narrowing of losses to Rs 1,064.30 crore in the June quarter compared with a loss of Rs 1,681.80 crore in the March quarter. Headwinds caused by depreciating rupee and higher fuel prices led to losses. |