Latest news with #PBT
Business Standard
12 hours ago
- Business
- Business Standard
Summit Securities consolidated net profit rises 586.73% in the June 2025 quarter
Sales rise 32.15% to Rs 27.54 crore Net profit of Summit Securities rose 586.73% to Rs 20.19 crore in the quarter ended June 2025 as against Rs 2.94 crore during the previous quarter ended June 2024. Sales rose 32.15% to Rs 27.54 crore in the quarter ended June 2025 as against Rs 20.84 crore during the previous quarter ended June 2024. Particulars Quarter Ended Jun. 2025 Jun. 2024 % Var. Sales 27.5420.84 32 OPM % 96.5196.02 - PBDT 26.5920.01 33 PBT 26.5920.00 33 NP 20.192.94 587
Business Standard
13 hours ago
- Business
- Business Standard
Asian Paints consolidated net profit declines 6.00% in the June 2025 quarter
Sales decline 0.21% to Rs 8924.49 crore Net profit of Asian Paints declined 6.00% to Rs 1099.77 crore in the quarter ended June 2025 as against Rs 1169.98 crore during the previous quarter ended June 2024. Sales declined 0.21% to Rs 8924.49 crore in the quarter ended June 2025 as against Rs 8943.24 crore during the previous quarter ended June 2024. Particulars Quarter Ended Jun. 2025 Jun. 2024 % Var. Sales 8924.498943.24 0 OPM % 18.2118.94 - PBDT 1809.581831.32 -1 PBT 1508.711603.62 -6 NP 1099.771169.98 -6
Malay Mail
13 hours ago
- Business
- Malay Mail
Bursa stays bullish for FY2025 as fund managers hold record cash levels, forecasts return of foreign funds, IPO boom
KUALA LUMPUR, July 29 — Bursa Malaysia Bhd is maintaining its pre-tax profit (PBT) target of between RM369 million and RM408 million for the financial year ending Dec 31, 2025 (FY2025). Its chief executive officer, Datuk Fad'l Mohamed, said the projection remains amid strong liquidity from the domestic market and stable economic growth. He pointed out that the target is part of Bursa Malaysia's headline key performance indicator for the year and sees its earnings would potentially come from its derivatives and non-trading revenues to remain strong in the second half of its FY2025. Fad'l added that Bursa Malaysia anticipates a double-digit growth in its non-trading revenues over the next three years. 'Local investors, in particular, are noteworthy. I understand that many fund managers are currently holding cash. Data indicates that as of May, fund managers are holding approximately 11.5 per cent cash, which is the highest level since January 2024. 'We hope to see a greater level of trading activities once that cash is deployed,' he told reporters after announcing Bursa Malaysia's financial performance results for the first half of 2025 today. Fad'l said a better performance for FY2025 would also be supported with favourable aspects such as the attractive valuation of FBM KLCI, which currently stood at a discount of 17 per cent to its 10-year mean. He added that Bursa Malaysia is on track to capture 60 initial public offerings (IPOs) throughout 2025, with RM40.2 billion in total IPO market capitalisation. He added that the preemptive move undertaken by Bank Negara Malaysia to reduce interest rates by 25 basis points would bring additional liquidity to the financial system, and the FBM KLCI would have an upside from its current level of 1,530. In the first half of 2025, Bursa Malaysia recorded 32 IPOs, comprising six in the main market, 23 in ACE and three in LEAP. Meanwhile, trading activities in Bursa Malaysia are expected to recover in the second half of 2025, supported by capital deployment from funds currently holding high levels of cash. 'A lot of it will be dependent on capital flows. And I think quite clearly, for us, we see that funds are already sitting on a lot of cash. So, they will want to deploy that cash,' said Fad'l. He added that Bursa Malaysia still holds to the annual average daily trading value (ADV) consensus of RM2.6 billion. Fad'l believes that foreign funds may return to the Malaysian market as current valuations present an attractive entry point and strategic imperatives begin to take shape. He added that towards the end of last year, the bourse operator saw some movements with foreign funds that were looking to find safe havens. 'There was a lot of uncertainty towards the end of last year, including the Asean markets, which recorded foreign outflows. I think right now would be a good time, given where valuations are, for foreign funds to come back,' Fad'l said. — Bernama
Business Standard
13 hours ago
- Business
- Business Standard
Amber Enterprises India consolidated net profit rises 43.53% in the June 2025 quarter
Sales rise 43.64% to Rs 3449.13 crore Net profit of Amber Enterprises India rose 43.53% to Rs 103.87 crore in the quarter ended June 2025 as against Rs 72.37 crore during the previous quarter ended June 2024. Sales rose 43.64% to Rs 3449.13 crore in the quarter ended June 2025 as against Rs 2401.29 crore during the previous quarter ended June 2024. Particulars Quarter Ended Jun. 2025 Jun. 2024 % Var. Sales 3449.132401.29 44 OPM % 7.247.94 - PBDT 216.12159.42 36 PBT 154.33104.49 48 NP 103.8772.37 44
Business Standard
17 hours ago
- Business
- Business Standard
Trident Lifeline consolidated net profit rises 33.62% in the June 2025 quarter
Sales rise 79.54% to Rs 23.61 crore Net profit of Trident Lifeline rose 33.62% to Rs 3.06 crore in the quarter ended June 2025 as against Rs 2.29 crore during the previous quarter ended June 2024. Sales rose 79.54% to Rs 23.61 crore in the quarter ended June 2025 as against Rs 13.15 crore during the previous quarter ended June 2024. Particulars Quarter Ended Jun. 2025 Jun. 2024 % Var. Sales 23.6113.15 80 OPM % 21.9019.01 - PBDT 5.393.15 71 PBT 3.932.61 51 NP 3.062.29 34
