State Bank of India (SBI) reported a 73.93 per cent jump in net profit to Rs 13,264.52 crore on a 14.22 per cent rise in total income to Rs 88,733.86 crore in the second quarter of FY23 over the second quarter of FY22.

Power Grid Corporation of India’s (PGCI) net profit hit 8.1 per cent to Rs 3,650.16 crore on an 8.6 per cent increase in revenue from operations to Rs 11,150.57 crore in the second quarter of FY23 over the second quarter of FY22.

On a consolidated basis, the net profit of Titan Company surged 33.7 per cent to Rs 857 crore on a 17.53 per cent rise in revenue from operations to Rs 8,134 crore in the second quarter of  FY23 over the second quarter of FY22.

In the month, Adani Ports and Special Economic Zone (APSEZ) handled approximately 25 MMT of cargo, marginally high compared to 2021.

• India’s Agriculture Export Policy to Go Under Review 
• Bitcoin Total Supply Down to its Last 1.2 Million 
• Stocks Under F&O Ban: RBL Bank
• PM Modi to Seek Ideas for Sustaining Growth Amid Global Uncertainties
• Meta’s Ray-Ban Smart Glasses May Soon Display Notifications on Built-in Screens

On a consolidated basis, the net profit of Britannia Industries rose 28.48 per cent to Rs 490.58 crore on a 21.41 per cent increase in net sales to Rs 4,379.61 crore in the second quarter of FY23 over the second quarter of 2021.

TVS Motor Company reported a 47 per cent rise in net profit to Rs 407 crore on a 28 per cent increase in revenue to Rs 7,219 crore in the second quarter of FY23 over the second quarter of FY22.

On standalone, the net profit of DCB Bank surged 73 per cent to Rs 112.35 crore on a 1.37 per cent rise in total income to Rs 1,099.21 crore in the second quarter of FY23 over the second quarter of FY22.

Shipping Corporation of India reported a 49 per cent decrease in net profit to Rs 124.38 crore in the second quarter of FY23 from Rs 243.01 crore in the second quarter of FY22.

Mahindra Logistics is the third-party logistics provider net profit zoomed 138.1 per cent to Rs 12.19 crore on a 28.4 per cent jump in revenue from operations to Rs 1,326.33 crore in the second quarter of FY23 over the second quarter of FY22.