“Our numbers are muted this quarter, but we expect a strong bounce back Q2 onwards. Our US sales took a significant dip as we took several strategic decisions to pave the way for building a sustainable and profitable business," said Nilesh Gupta, managing director of Lupin.
The company had posted a consolidated net profit of Rs 12.71 crore in the April-June quarter a year ago, Blue Star said in a regulatory filing.Its revenue from operations was up 87.28 per cent at Rs 1,970.32 crore in comparison to a lower base of the pandemic-impacted corresponding quarter.
The consolidated net profit of the company in the year-ago period stood at Rs 78 crore, according to a regulatory filing.The company's total income was Rs 3,691 crore in the first quarter of the current fiscal compared to Rs 3,218 crore in the same period last year.
The company had posted a net profit of Rs 140.48 crore in the April-June period a year ago, Berger Paints said in a regulatory filing.Its revenue from operations rose 53.44 per cent to Rs 2,759.70 crore during the quarter under review as against Rs 1,798.49 crore in the year-ago period.
He said the company displayed satisfactory performance on a lot of other metrics, including the standalone net, which was up 21.9 per cent to Rs 31.9 crore, profit margins and other aspects.Its operating income rose 7 per cent to Rs 49.3 crore, Krishnan said, adding that the increase in bank loans and securitisation made up for the income loss accruing as a result of a slowdown in bond issuances
The company's order inflow for the year was at Rs 192,997 crore achieved on the back of major domestic and international order wins in hydrocarbons and infrastructure. In 2021-22, profit after tax was Rs 8,572 crore, a year-on-year (y-o-y) growth of 23%.