Bajaj Auto on Wednesday said its consolidated net profit declined by 2 per cent to Rs 1,526 crore in the fourth quarter ended on March 31, 2022. The Pune-based company had reported a consolidated net profit of Rs 1,551 crore in the January-March quarter of 2020-21. Total revenue from operations declined to Rs 7,975 crore [...]
HDFC Asset Management Company (AMC) on Wednesday reported an 8.7 per cent growth in profit after tax (PAT) to Rs 343.55 crore in the quarter that ended in March 2022. In comparison, the company had posted a PAT of Rs 316.08 crore in the same quarter of the preceding fiscal, the asset management firm said [...]
Mumbai, Apr 27 (PTI) The retail industry is likely to witness low double-digit growth this fiscal, as footfalls into offline stores are back on track and are likely to get further momentum amid easing of pandemic-related restrictions, Shoppers Stop managing director and CEO Venu Nair said. "Overall the footfalls have come back to the pre-COVID [...]
Mumbai, Apr 27 (PTI) Logistics and supply chain firm Jet Freight on Wednesday said it aims to increase the topline by five times in the next five years and has chalked out a four-pronged strategy to execute its business initiatives. Jet Freight, which claims it to be among the top three freight forwarders in India [...]
New Delhi, Apr 26 (PTI) Aditya Birla Sun Life AMC on Tuesday reported a one per cent growth in profit after tax at Rs 158.5 crore in the three months ended March 2022. In comparison, the company had posted a Profit After Tax (PAT) of Rs 156.7 crore in the year-ago period, according to a [...]
Beer maker United Breweries Ltd, controlled by Dutch multinational company Heineken NV, on Tuesday, reported a 67.92 per cent increase in its consolidated net profit to Rs 163.78 crore for the fourth quarter ended March 2022, led by a volume-based growth. The company had posted a net profit of Rs 97.53 crore during the January-March [...]
Tata Coffee (TCL) on Tuesday reported a 12.04 per cent growth in its consolidated profit to Rs 64.28 crore during the quarter ended March. The company's profit stood at Rs 57.37 crore during the corresponding quarter of 2020-21, TCL said in a BSE filing. Revenue from operations witnessed a growth of 10.99 per cent to [...]
Buoyed by healthy consumer sentiments, Bajaj Finance on Tuesday reported its highest ever consolidated net profit at Rs 2,420 crore in the three months ended March. The figure is 80 per cent higher compared to Rs 1,347 crore posted in the year-ago period. The Non-Banking Finance Company (NBFC) also posted its highest ever consolidated profit [...]
Mumbai, Apr 26 (PTI) Integrated inter-modal logistics services provider Gateway Distriparks Limited (GDL) on Tuesday reported an 84.40 per cent year-on-year growth in profit after tax (PAT) at Rs 85.53 crore for the quarter ended March 2022. The company had posted a profit of Rs 46.38 crore in the March quarter of FY21, it said [...]
AU Small Finance Bank (SFB) on Tuesday said its net profit soared 105 per cent to Rs 346 crore in the quarter ended March 2022, supported by lower provisioning for bad loans and improvement in business scenario. The Jaipur-based company had posted a net profit of Rs 169 crore in the same quarter of the [...]
