Wed, Nov 6, 2024 4:43 PM
Dr Reddy's Labs, Mankind Pharma riding on strong growth drivers
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Blue Star Ltd posted a strong performance in Q2 FY24, with net profit surging by 35.6% year-on-year to ₹96 crore, compared to ₹70.8 crore in Q2 FY23. This rise in profit was underpinned by strategic cost management and increased operational efficiency. The company’s revenue from operations grew by 20.4%, reaching ₹2,276 crore from ₹1,890.4 crore a year earlier.
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Power Grid Corporation of India reported a net profit of ₹3,793 crore for the quarter ended September, slightly up from last year, with revenue from operations remaining flat at ₹11,277.76 crore. The company also announced an interim dividend of ₹4.50 per share and saw a rise in revenue from its transmission, consultancy, and telecom segments.
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Reported Standalone quarterly numbers for Blue Chip Tex Fuel Industries are: Net Sales at Rs 64.15 crore in September 2024 down 4.56% from Rs. 67.22 crore in September 2023. Quarterly Net Loss at Rs. 0.45 crore in September 2024 down 140.03% from Rs. 1.13 crore in September 2023. EBITDA stands at Rs. 0.21 crore in September 2024 down 91.14% from Rs. 2.37 crore in September 2023.
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