The results dashboard midday update has over 25 results having come in today, including Motherson Sumi, Parag Milk Foods, Punjab National Bank. where PNB posted its second quarterly loss in a row even as the government is attempting to retrieve Mehul Choski and Nirav Modi from foreign shores.
Parag Milk Foods delivered a strong performance for the June quarter, delivering 33.07% revenue growth YoY and 168% growth in net profits. Share price of the company is surging on the news. Auto components manufacturer Motherson Sumi showed a healthy 57% YoY growth in consolidated profit to Rs 482 crore. Net profit numbers showed growth across business segments, alongside margin expansion. For the full result dashboard, click here.