CK Birla group firm Orient Cement Ltd on Friday reported a 90.5 per cent decline in net profit to Rs 2.32 crore for the second quarter ended September 2024. The company reported a net profit of Rs 24.62 crore for the July-September quarter a year ago.
Welspun Corp on Friday reported around 27 per cent fall in consolidated net profit at Rs 282.96 crore for September quarter, mainly on account of fall in income. It had posted Rs 386.57 crore net profit for July-September 2023, the company said in an exchange filing.
The 3,500-square-foot space, tucked in next to a Levis store and mall anchor Macys at the nexus of the shopping promenade, quietly opened two weeks ago.
State-owned Power Finance Corporation (PFC) on Friday posted nearly 9 per cent rise in consolidated net profit at Rs 7,214.90 crore for September quarter mainly on the back of higher revenues.
Built in 2020 by builder Scott Lyon & Co. and designed by architect Paul Konstant, the mansion sits on the site of a mansion that was built in 1991 for the late philanthropists Ann and Robert Lurie.
From 90% premium, it has now come down to somewhere around 55% to 60%. But at the same time, Indian earnings estimates are also coming down. If you look at the consensus EPS estimates for 2025, 2026, over the last one month maybe five to six weeks they are down about 5%, which is a major departure from the trend that we had seen earlier.
