Sat, Apr 20, 2024 3:33 PM
HDFC Bank Q4 Results: Net profit jumps marginally to Rs 16,511 crore
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Raymond’s share price was slumping on Friday as the company posted its results for the quarter ended March 2024. Fabric and fashion retailer Raymond posted an 18% increase in net profit at ₹229.21 crore, up 18% from the ₹194 crore posted in the same quarter last year. The company’s revenue from operations for the quarter came in at ₹2,608.50 crore, up 21% from the ₹2,150 cr.
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The Federal Reserve maintained interest rates same on Wednesday while adopting a more dovish stance and admitting that efforts to reduce inflation have failed, which sent gold prices into an upward spiral. The central bank's indication that additional rate hikes are unlikely in the foreseeable future helped the precious metal.
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Godrej Properties has reported a growth of 5.32% in its net consolidated profit during the quarter ended March 31, 2024. Its profit after tax stood at Rs 478.01 crore in Q4 FY24 as against Rs 453.87 crore it registered in the corresponding quarter of the previous fiscal, the company said in a BSE filing. The company's net total consolidated income stood at Rs 1,914.82 crore in Q4FY24.
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