Articles written by Utkarsh Roshan - Benzinga

Power Grid Corp Sees Net Profit Rise 3.5% To ₹3,724 Cr

|The PSU's net profit for the June quarter came in at ₹3,723.92 crore, an increase of around 3.5% compared to the ₹3,597 crore posted in the same quarter last.

Analysts Say IRFC Shares May Still Breach ₹200 Levels And More, But Advise Caution

|IRFC share price looks set to break its eight-straight day losing streak on Friday.

Texmaco Rail Shares Soar 5% After Major Acquisition To Expand Wagons Market Presence

|Texamaco Rail's share price surged on Friday morning, going up over 5% to hit an intraday high of ₹292 — close to its 52-week high of ₹296.49.

Adani Energy Solution Sees Revenue Grow 46% But Posts Massive Loss In Q1

|The Adani Group company's revenue from operations jumped up 46% to ₹5,378 crore from the ₹3,663 crore posted in the same quarter last year.

Adani Green Shares Rocket 8% As Profit Jumps 38% To ₹446 Cr

|Adani Green's share price shot up sharply after the company posted its earnings for the quarter ended June on Thursday afternoon.

Ashok Leyland Shares Wobbly After Profit Dips 9% In June Quarter

|Ashok Leyland's share price was wobbly on Thursday afternoon after the company posted its earnings for the quarter ended June.

L&T's Profit Jumps 12% To ₹2,786 Cr In Q1, Orderbook At ₹4.90 Lakh Cr

|The infrastructure giant's net profit for the June quarter stood at ₹2,786 crore, up 12% from the ₹2,493 crore posted in the same quarter last year.

IEX Sees Net Profit Jump 27% To ₹96 Cr In June Quarter

|The company reported a 27% year-on-year (YoY) rise in consolidated net profit, reaching ₹96.44 crore in the June quarter, driven by higher revenues.

Bajaj Finance Sees Net Profit Jump 14%, NII At ₹8,365 Cr

|The non-banking financial company's consolidated net profit came in at ₹3,911.98 crore, up around 14% from the ₹3,436 crore posted in the same quarter last year.

Suzlon Sees Profit Surge 200% To ₹302 Cr, Orderbook At All-Time High

|The wind energy major's net profit for the quarter came in at ₹302.29 crore, up over 200% from the ₹101 crore posted in the same quarter last year.

Oil India Signs Contract With Norwegian Firm For Drilling In Andaman Offshore Blocks

|Oil India Limited (OIL) has entered into a contract with Norway's Dolphin Drilling Limited for the hiring of the 'Anchor Moored Semi-Submersible Drilling Unit Blackford Dolphin'.

IDBI Bank Shares Jump As Profit Surged 40% To ₹1,719 Cr, NII Slides 19%

|IDBI Bank's share price shot up on Monday afternoon after the company posted its earnings for the quarter ended June.

Chola Securities' Dharmesh Kant On Earnings Season, Budget And Record Inflows

|"As far as the budget is concerned I think if they don't change anything and just go by the interim budget whatever announcements were there it would be good for the markets," Kant told Benzinga India.

'More Balanced Taxation Framework': CoinDCX's Sumit Gupta On Expectations From The Budget

|Gupta thinks that crypto assets should be treated similarly to equities. "You have stocks on one side and then you have crypto on another side, the properties are similar, the risks are similar, so the treatment should also be similar," the CEO told Benzinga India.

Yes Bank Sees Net Profit Jump 46% In Q1 To ₹502 Cr, NII Up 12%

|The private lender's net profit for the quarter came in at ₹502.43 crore, up 46% from the ₹342.5 crore, posted in the same quarter of the previous year.

Reliance's Net Profit Slips 5% To ₹15,138 Cr Missing Estimates

|Reliance's net profit for the quarter ended June came in at ₹15,138 crore, down around 5% from the ₹16,011 crore posted in the same quarter last year, Revenue from operations for the June quarter stood at ₹2.36 lakh crore, up around 12% from the ₹2.10 lakh crore posted in the corresponding quarter of the previous year.

JSW Steel Q1 Net Profit Crashes 64% To ₹867 Cr

|Net profit for the quarter stood at ₹867 crore, down around 64% from the ₹2,428 crore posted in the corresponding quarter of the previous year.

Wipro Sees Profit Grow 4.6% To ₹3,003 Cr, Revenue At ₹21,963 Cr

|Wipro reported its earnings for the quarter ended June after the markets closed for the week on Friday.

BPCL Q1 Net Profit More Than Halves, Shares Spiral Downwards

|Shares of the company, which were already struggling, received a jolt as soon as the results came out, going down over 4% to hit an intraday low of ₹301.80.

Ultratech Shares Sink As Q1 Net Profit Misses Estimates, Revenue At ₹18,070 Cr

|Ultratech Cement's share price tanked sharply after the company posted its earnings for the quarter ended June on Friday afternoon.