European shares were subdued at the open on Friday on the back of mixed earnings results, while heavyweight luxury firms fell after Richemont's results failed to impress. The pan-European STOXX 600 held firm at 509.9 points as of 0817 GMT, with healthcare leading subsector gains with a 1.1% rise, while basic resources lagged with a 2.4% fall.
Open FlipITD Cementation India reported a 23.62% increase in net sales to Rs 1,990.87 crore and a 34.34% increase in quarterly net profit to Rs 72.04 crore in September 2024 compared to the same period last year. ITD Cementation shares closed at 543.35 on November 06, 2024, with 43.10% returns over the last 6 months and 150.80% over the last 12 months.
Open FlipReported Consolidated quarterly numbers for Emami are: Net Sales at Rs 890.59 crore in September 2024 up 2.97% from Rs. 864.87 crore in September 2023. Quarterly Net Profit at Rs. 212.66 crore in September 2024 up 19.14% from Rs. 178.50 crore in September 2023.EBITDA stands at Rs. 272.03 crore in September 2024 up 11.13% from Rs. 244.78 crore in September 2023.
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