Stewart Friesen: NASCAR star, crash survivor - Net worth, Family and more
Download The Economic Times News App to get Daily International News Updates.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Economic Times
33 minutes ago
- Economic Times
DLF shares slip 1% even as Q1 PAT rises 18% YoY; revenue doubles to Rs 2,716 cr
Shares of DLF slid 1.15% to their day's low of Rs 784.80 on the BSE on Tuesday even after the real estate major posted an 18% year-on-year (YoY) increase in consolidated net profit for the first quarter of FY26. The company reported a profit after tax (PAT) of Rs 763 crore for the quarter ended June 2025, up from Rs 646 crore in the same period last year. ADVERTISEMENT The profit growth, attributable to the owners of the holding company, came on the back of a significant surge in operational revenue. Revenue from operations jumped 99% YoY to Rs 2,716 crore, compared to Rs 1,362 crore in Q1 FY25, driven by strong sales performance and successful project launches. However, on a sequential basis, PAT declined 40% from Rs 1,282 crore in Q4 FY25, while revenue fell 13% from Rs 3,128 crore in the March quarter. The company's EBITDA stood at Rs 628 crore, up 6% YoY, but down 48% expenses rose sharply to Rs 2,466 crore, a 94% YoY increase from Rs 1,272 crore in Q1 FY25, and a 7% rise sequentially. The increase was mainly due to land acquisition, development costs, employee benefits, and finance higher expenses, DLF delivered a strong operational quarter with new sales bookings of Rs 11,425 crore, marking a robust 78% YoY growth. ADVERTISEMENT The uptick in sales was primarily led by the successful launch of the DLF Privana ecosystem. The company also reported collections of Rs 2,794 crore and a net cash surplus of Rs 1,131 crore for the Monday, the shares of DLF closed 2% higher at Rs 793.65 on BSE. (Disclaimer: Recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of The Economic Times) (You can now subscribe to our ETMarkets WhatsApp channel)
Time of India
2 hours ago
- Time of India
Godfrey Phillips India shares in focus after 56% YoY jump in Q1 profit, 2:1 bonus issue announcement
Shares of Godfrey Phillips India are expected to be in the spotlight on Tuesday, August 5, after the company reported a 56% year-on-year (YoY) rise in consolidated net profit for the quarter ended June 2025, alongside announcing a 2:1 bonus share issuance . In a regulatory filing, the cigarette maker said its consolidated net profit rose to Rs 356.28 crore in Q1 FY26, up from Rs 228.55 crore in the same quarter last year. The surge in profitability was attributed to higher sales during the period. Productivity Tool Zero to Hero in Microsoft Excel: Complete Excel guide By Metla Sudha Sekhar View Program Finance Introduction to Technical Analysis & Candlestick Theory By Dinesh Nagpal View Program Finance Financial Literacy i e Lets Crack the Billionaire Code By CA Rahul Gupta View Program Digital Marketing Digital Marketing Masterclass by Neil Patel By Neil Patel View Program Finance Technical Analysis Demystified- A Complete Guide to Trading By Kunal Patel View Program Productivity Tool Excel Essentials to Expert: Your Complete Guide By Study at home View Program Artificial Intelligence AI For Business Professionals Batch 2 By Ansh Mehra View Program Along with the earnings announcement, the company's board approved the issuance of bonus equity shares in the ratio of 2:1, meaning shareholders will receive two bonus shares for every one share held. The record date to determine shareholder eligibility has been set for September 16, according to the company's filing. The bonus issue is typically viewed as a sign of management's confidence in the company's financial strength and is aimed at enhancing shareholder value by improving liquidity in the stock. Live Events The twin announcements—robust earnings growth and a shareholder-friendly bonus issue—are expected to generate significant investor interest in Tuesday's trading session. Godfrey Phillips India is one of the country's leading cigarette manufacturers. It operates in the fast-moving consumer goods (FMCG) segment, with a growing footprint in branded retail and tobacco products. Its June quarter performance reinforces the broader trend of earnings resilience within the consumer sector. On Monday, the shares of Godfrey Phillips India closed 2.5% higher at Rs 8,992.05 on BSE. Also read: Tata Investment announces first-ever stock split in 1:10 ratio; check details on record date ( Disclaimer : Recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Time of India
2 hours ago
- Time of India
DLF shares in focus as Q1 PAT rises 18% YoY; revenue doubles to Rs 2,716 crore
Shares of DLF are likely to be in the spotlight on Tuesday after the real estate major posted an 18% year-on-year (YoY) increase in consolidated net profit for the first quarter of FY26. The company reported a profit after tax (PAT) of Rs 763 crore for the quarter ended June 2025, up from Rs 646 crore in the same period last year. The profit growth, attributable to the owners of the holding company, came on the back of a significant surge in operational revenue . Revenue from operations jumped 99% YoY to Rs 2,716 crore, compared to Rs 1,362 crore in Q1 FY25, driven by strong sales performance and successful project launches. Productivity Tool Zero to Hero in Microsoft Excel: Complete Excel guide By Metla Sudha Sekhar View Program Finance Introduction to Technical Analysis & Candlestick Theory By Dinesh Nagpal View Program Finance Financial Literacy i e Lets Crack the Billionaire Code By CA Rahul Gupta View Program Digital Marketing Digital Marketing Masterclass by Neil Patel By Neil Patel View Program Finance Technical Analysis Demystified- A Complete Guide to Trading By Kunal Patel View Program Productivity Tool Excel Essentials to Expert: Your Complete Guide By Study at home View Program Artificial Intelligence AI For Business Professionals Batch 2 By Ansh Mehra View Program However, on a sequential basis, PAT declined 40% from Rs 1,282 crore in Q4 FY25, while revenue fell 13% from Rs 3,128 crore in the March quarter. The company's EBITDA stood at Rs 628 crore, up 6% YoY, but down 48% quarter-on-quarter. Total expenses rose sharply to Rs 2,466 crore, a 94% YoY increase from Rs 1,272 crore in Q1 FY25, and a 7% rise sequentially. The increase was mainly due to land acquisition, development costs, employee benefits, and finance costs. Live Events Despite higher expenses, DLF delivered a strong operational quarter with new sales bookings of Rs 11,425 crore, marking a robust 78% YoY growth. The uptick in sales was primarily led by the successful launch of the DLF Privana ecosystem. The company also reported collections of Rs 2,794 crore and a net cash surplus of Rs 1,131 crore for the quarter. On Monday, the shares of DLF closed 2% higher at Rs 793.65 on BSE. ( Disclaimer : Recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of The Economic Times)
