KPI GREEN ENERGY LTD Q2 RESULTS
IREDA stock rallies over 5% amid high volumes
IREDA share price: On January 9, IREDA announced its results for the quarter ending December 2024, reporting a 27% year-on-year (YoY) increase in net profit, which rose to Rs 425.38 crore from Rs 335.53 crore in the same period last year.
IREDA shares dip 3% after reporting Q3 results
IREDA share price: In Q3FY25, total revenue from operations rose by 35.6% year-on-year, reaching Rs 1,698.45 crore, compared to Rs 1,252.85 crore in the same quarter of the previous financial year.
IREDA Q3 Results: PAT jumps 27% YoY to Rs 425 crore, revenue surges 36%
IREDA Q3 Results: IREDA reported a net profit increase of 27% for the December quarter, amounting to Rs 425.38 crore. The total revenue from operations rose by 35.6% to Rs 1,698.45 crore. Sequentially, their profit grew by 10%.
IREDA Q3 PAT up 27% YoY backed by higher income
Indian Renewable Energy Development Agency (IREDA) Ltd’s net profit for Q3 grew by 26% to Rs 425.4 crore, driven by higher interest income, increased loan sanctions, and lower borrowing costs. Revenue rose 36% to Rs 1,698 crore. The company's loan portfolio expanded to Rs 68,960 crore, supported by increased disbursements and improved asset quality.
KPI Green energy shares trade ex-date today for 1:2 bonus issue, stock down over 4%
KPI Green Energy Bonus Shares: The record date is the designated day on which the company determines the shareholders eligible to receive the bonus shares. To qualify for a buyback offer, bonus issue, or stock split, shares must be in the demat account by the record date.
KPI Green Energy shares 1:2 bonus issue record date tomorrow. Last chance to buy
KPI Green Energy's 1:2 bonus share issuance record date is set for January 3, 2025. Investors must purchase shares today to qualify. The company's previous bonus issuances were in 2023 and 2024. Additionally, the record date ensures that shareholders who own shares by this date are eligible for the bonus issue. Share prices may see increased activity.
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KPI Green Energy among 4 stocks to trade ex-bonus tomorrow
Shares of KPI Green Energy and Ceenik Exports are in focus as today is the last day to purchase shares to qualify for upcoming bonus shares. Various companies are offering bonus shares in different ratios. The record date determines shareholder eligibility for these bonus shares, with purchases required one day before the ex-date.
IREDA shares rally 6% as Q3 loan disbursement jumps 41%
Indian Renewable Energy Development Agency or IREDA shares surged by 6% to Rs 227.70 following a strong Q3 update. Loan disbursements increased 41% YoY to Rs 17,236 crore, while loans sanctioned rose 129% YoY to Rs 31,087 crore. IREDA's outstanding loan book grew 36% YoY to Rs 69,000 crore. The stock, listed in November 2023, has delivered 113% returns but is down 28% from its 52-week high.
12 stocks with record dates for dividends, bonuses, splits, rights issue next week. Do you own?
Several companies, including KPI Green Energy and RedTape, have upcoming record dates for corporate actions. Investors must hold shares before the ex-date to qualify for dividends, bonuses, or splits. The T+1 settlement system generally aligns record and ex-dates, but exceptions may occur due to market holidays.
KPI Green Energy shares rally 5% after signing MoU with Rajasthan govt
KPI Green Energy Share Price: In another development, the company has fixed Friday, January 3, 2025, as the 'record date' for determining the eligibility of shareholders entitled to the issuance of bonus equity shares in the proportion of one equity share of Rs 5 each for every two existing equity shares of Rs 5 each, subject to shareholder approval, which will be obtained through postal ballot.
Sensex, Nifty volatile in early trade, IT stocks outperform on Accenture earnings
Indian stock markets dipped for the fifth straight day, dragged down by banking and metal sectors, as investors react to the US Federal Reserve's interest rate outlook. The Sensex and Nifty50 fell, mirroring global market anxieties. However, IT stocks saw gains following positive results from Accenture.
InCred cuts Nifty50 blended index target to 25,327, upgrades pharma to overweight
InCred Equities cut Nifty50 target to 25,327, expecting a correction phase. The brokerage upgraded its stance on pharma stocks like Cipla, Ipca, and Alkem Laboratories. The IT, capital goods, and pharma sectors outperformed during the recent correction. The overall market sentiment remains cautious due to weak macroeconomic conditions and potential EPS downgrades.
36 companies doubled their sales and PAT in a disappointing Q2 earnings season
Despite a lackluster Q2 earnings season, 36 companies defied the trend, doubling both sales and profits. Some achieved growth in the thousands of percentage points, driven by strong demand in sectors like pharma and realty. Analysts remain optimistic about a stronger second half of FY25, citing festive demand and rural recovery.
ReNew Q2 Results: Net profit jumps 31% YoY to Rs 494 crore
ReNew's total income in the second quarter also rose to Rs 2,988.7 crore (USD 357 million) from Rs 2,863.2 crore (USD 342 million) during the same period last financial year.
Waaree Energies shares tumble over 6% after muted Q2 earnings
Waaree Energies, India’s largest solar PV module manufacturer, reported a 15% YoY rise in Q2 net profit to Rs 362 crore. Revenue grew 1% YoY to Rs 3,574 crore. The company, which listed with a 70% premium, continues expanding with a 3 GW US manufacturing facility. For FY24, revenue surged 69% YoY to Rs 11,398 crore, while profit more than doubled.
Waaree Energies Q2 Results: PAT rises 15% YoY to Rs 362 crore, revenue up 1%
Waaree Energies Q2FY25 Results: Waaree Energies reported a 15% YoY increase in Q2 net profit to Rs 362 crore. Revenue rose 1% YoY to Rs 3,574 crore. Other income doubled to Rs 89 crore. The company listed with a 70% premium but has corrected post-Trump's win.
Multibagger stock KPI Green approves 1:2 bonus issue. Check details
The board of multibagger stock KPI Green Energy has given the green light to a bonus share issue in the ratio of 1:2 for its eligible shareholders, allowing them to receive one additional share against every two shares held in the company.
Q2 results today: Vodafone Idea, Eicher Motors among 650 companies to announce earnings on Wednesday
Vodafone Idea is expected to report a narrower consolidated loss for the second quarter, driven by revenue growth and improved ARPU. Analysts predict a loss between Rs 6300-6400 crore, with revenue rising 5% year-on-year. Subscriber base may decline, but ARPU is projected to reach Rs 156-159.
KPI Green Energy to consider bonus issue, stock split on November 14
KPI Green Energy's board will meet on November 14 to consider a bonus share issue and an increase in authorized share capital. This will be the company's second bonus share issue in 2024. The company had previously split its shares in July 2024.
NHPC Q2 results: PAT falls 41% YoY to Rs 909 crore, revenue up 4%
NHPC Ltd reported a 41% YoY decline in net profit to Rs 909 crore for Q2 FY24, compared to Rs 1546 crore last year. Revenue rose 4% to Rs 3052 crore, while EBITDA grew 2%, with improved margins of 58.9%.
L&T Q2 Results Preview: Up to 16% revenue uptick seen on robust execution in infra, energy segments
Engineering giant Larsen & Toubro (L&T) is expected to report a 16% year-on-year revenue increase for the September quarter, driven by strong execution in infrastructure and energy. Four brokerage estimates place revenue between Rs 56,800 crore and Rs 59,146 crore.
Suzlon Energy Q2 results: Net profit jumps 96% YoY to Rs 201 crore, revenue up 48%
Suzlon Energy Q2 results FY25: Suzlon Energy reported a 96% YoY jump in net profit to Rs 201 crore in Q2FY25. Revenue from operations stood at Rs 2,093 crore, up 48% YoY. EBITDA was Rs 294 crore, up 31% YoY. The company delivered robust deliveries at 256 MW and has an all-time high order book of 5.1 GW.
Q2 results this week: Airtel, Maruti Suzuki, L&T among 392 companies to announce earnings
The second quarter earnings season for India Inc. is expected to be muted, with possibly the slowest growth in over four years. Major companies like Bharti Airtel, Maruti, Suzlon Energy, L&T, Dabur India, and Cipla will announce their results this week, highlighting key financial milestones.
HPCL invested Rs. 3,771 crore in Q2FY25 to boost refining and marketing infrastructure
HPCL invested Rs. 3,771 crore in Q2FY25 to boost its refining and marketing infrastructure. The total investments for April-September 2024 amount to Rs. 6,588 crore. HPCL's PAT declined to Rs. 631 crore. It is also focusing on green energy initiatives, launching a Green Hydrogen Plant and signing multiple MoUs to develop a Green Fuel Ecosystem.
Adani Green Energy shares in focus after company reports 39% YoY jump in Q2 net profit
Adani Green Energy Price: Adani Green Energy's consolidated net profit jumped 39% to Rs 515 crore in Q2 2024, driven by major greenfield capacity additions and robust operational efficiency. Revenue rose 30% to Rs 3,376 crore. The company reduced its net debt-to-EBITDA ratio and reported significant growth in operational capacity and energy sales.
Adani Green Q2 Results: Cons PAT jumps 39% YoY to Rs 515 crore, revenue rises 30%
Adani Green Q2 Results: Revenue from operations for the reported quarter reached Rs 3,376 crore, a 30% increase compared to Rs 2,589 crore in the same quarter of the previous financial year.
Adani Energy Solutions Q2 Results: PAT soars 145% YoY to Rs 675 crore
Adani Energy Solutions Q2 Results: Adani Energy Solutions saw a 145% YoY surge in Q2 net profit to Rs 675 crore, driven by a 68% rise in revenue to Rs 6,184 crore. Transmission business revenue more than doubled, while distribution grew 22%. The quarter also marked a return to profit QoQ after a previous loss.
Adani Green shares in focus ahead of Q2 results today
Adani Green share Price: Adani Green's Q2 results are in focus with notable YoY operational capacity growth of 34% to 11,184 MW. Energy sale increased 20% YoY to 14,128 mn units supported by capacity additions. Significant agreements include a 5 GW solar supply to MSEDCL and a 61 MW agreement with Google.
Q2 results today: Bajaj Finance, Paytm, Zomato among 70 companies to announce earnings on Tuesday
The earnings season sees 70 companies, including notable players like Bajaj Finance, Adani Green, Zomato, and Paytm, reporting their Q2 results for July-September 2024. Key expectations include significant revenue and profit jumps for Zomato and Bajaj Finance, while Paytm may face widened losses despite higher revenue growth.
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