Retail chain Shoppers Stop Ltd on Thursday reported narrowing of its consolidated net loss to Rs 15.85 crore for the fourth quarter ended March 2022. The company had posted a net loss of Rs 24.10 crore in the January-March quarter a year ago, according to a regulatory filing. Its revenue from operations was up 4.83 [...]
Mumbai, Apr 28 (PTI) Non-banking financial company Shriram Transport Finance on Thursday reported a 43.87 per cent jump in its standalone profit after tax at Rs 1,086.13 crore in the quarter ended March 2022, on the back of improvement in the net interest margin and asset quality. The company had reported a standalone profit after [...]
New Delhi, Apr 28 (PTI) Bajaj Holdings and Investment on Thursday said its consolidated net profit increased 16 per cent to Rs 1,105 crore for the fourth quarter ended March. The company had reported a consolidated net profit of Rs 949 crore in the January-March quarter of 2020-21 fiscal. The total income, however, declined to [...]
New Delhi, Apr 28 (PTI) Indian Hotels Company Ltd (IHCL) shares jumped nearly 5 per cent on Thursday after the company reported a consolidated net profit of Rs 71.57 crore for the fourth quarter ended March 2022.Shares of the company rallied 5.89 per cent to Rs 249.75 during the day at the BSE. It finally [...]
New Delhi, Apr 28 (PTI) Mining major Vedanta Ltd on Thursday reported a consolidated profit after tax of Rs 7,570 crore for the January-March quarter of 2021-22 on the back of higher sales volume, supportive commodity prices and operational efficiencies.The company had posted a profit after tax of Rs 5,105 crore in the year-ago period, [...]
Ambuja Cements, part of Swiss building material major Holcim Group, on Thursday reported a 30.26 per cent decline in its consolidated net profit to Rs 856.46 crore for the first quarter ended March 2022 on account of rising fuel prices. The company, which follows the January-December financial year, had clocked a net profit of Rs [...]
New Delhi, Apr 28 (PTI) Mahindra Electric Mobility Ltd, a part of the Mahindra Group, on Thursday reported an over three-fold jump in its electric three-wheeler sales at 16,862 units in 2021-22. The company had sold 5,376 units in the previous fiscal (2020-21). Citing Society of Indian Automobiles Manufacturers (SIAM) data, Mahindra Electric said it [...]
Mumbai, Apr 28 (PTI) National Bank for Agriculture and Rural Development (Nabard) on Thursday reported a 15.08 per cent growth in its balance sheet to Rs 7,57,246 crore in the fiscal ended March 2022.In fiscal 2021, its balance sheet stood at Rs 6,57,798 crore."Next year, we are targeting a balance sheet size of Rs 8.75 [...]
Mumbai, Apr 28 (PTI) State-run Bank of Maharashtra on Thursday said its net profit for the March quarter more than doubled to Rs 355 crore from Rs 165 crore a year ago on improved loan sales and asset quality leading to lower provisioning and better cost-to-income ratio. For the full year to March, the Pune-based [...]
• 55 % of annual revenue from focus markets of US and EMEA • Robust operational performance across businesses • Margin softening due to inflationary pressures MUMBAI, India, April 28, 2022 /PRNewswire/ -- STL [NSE: STLTECH], an industry leading integrator of digital networks, announced consolidated financial results for its fourth quarter and financial year ending [...]