Home / Business and Economy / Earnings Bonanza: Top Firms Unveil Q1 Results Amid Global Jitters
Earnings Bonanza: Top Firms Unveil Q1 Results Amid Global Jitters
2 Aug
Summary
- ITC reports 3% rise in Q1 net profit to ₹5,244 cr
- Delhivery's Q1 net profit jumps 67% to ₹91 cr
- Indian stocks decline as US imposes 25% tariffs on imports
On August 2, 2025, a slew of prominent Indian companies, including ITC, Delhivery, and PC Jeweller, have reported their Q1 financial results for the current fiscal year.
Cigarette-to-soap conglomerate ITC has posted a 3% year-on-year increase in its consolidated net profit, which stood at ₹5,244.2 crore for the quarter ended June 2025, up from ₹5,091.59 crore a year earlier. The company's consolidated gross revenue grew 19.5% to ₹23,129 crore, driven mainly by its cigarettes and agri businesses.
Logistics firm Delhivery also saw a strong performance, with its Q1 net profit jumping 67% to ₹91 crore, compared to the same period last year. The company's revenue also rose 6% during the quarter.
Advertisement
Advertisement
However, the positive earnings announcements were overshadowed by a decline in Indian benchmark equity indices on August 1. The BSE Sensex fell 585.67 points or 0.72% to close at 80,599.91, while the NSE Nifty50 dropped 203 points or 0.82% to settle at 24,565.35. The sell-off was triggered by US President Donald Trump's announcement of fresh 25% tariffs on several trading partners, including India, effective August 7.
