Nippon Life India Asset Management (NAM India) on Tuesday reported a 5 per cent increase in profit after tax at Rs 174.85 crore for three months ended March 2022. In comparison, the company had a profit after tax (PAT) of Rs 166.77 crore in the same quarter preceding fiscal, NAM India said in a regulatory [...]
Century Textiles & Industries, part of the Aditya Birla group, on Monday reported a Rs 84 crore net income in the March quarter, making a turn around from a Rs 5 crore net loss in the year-ago period as its sales jumped 45 per cent to Rs 1,188 crore. For the full financial year, the [...]
Auto component firm Mahindra CIE Automotive on Monday posted a consolidated net profit of Rs 161.42 crore for the first quarter ended March. The company had reported a consolidated net profit of Rs 10.09 crore in the year-ago period. Revenue from operations rose to Rs 2,588.36 crore for the first quarter as compared with Rs [...]
Battery and flashlights maker Eveready Industries India Ltd on Monday reported narrowing of its consolidated net loss to Rs 38.41 crore in the fourth quarter ended March. The company had posted a net loss of Rs 442.53 crore in the January-March period a year ago, it said in a regulatory filing. Its revenue from operations [...]
New Delhi, Apr 24 (PTI) Monthly rentals in Delhi-NCR's high street retail locations, including Khan Market and Connaught Place, increased by up to 5.6 per cent during January-March period as compared to the previous quarter on better demand for space from retailers, according to Cushman & Wakefield. In its report 'Marketbeat Delhi-NCR Retail Q1, 2022', [...]
New Delhi, Apr 24 (PTI) The Kamdhenu Group is eyeing for a brand sales turnover of Rs 22,000 crore from its steel business by financial year 2023-24, its Chairman and Managing Director (CMD) Satish Agarwal said. The Gurugram-based TMT rebars maker operates on a franchisee model in the steel segment. "Looking at the demand for [...]
Auto components maker Sundram Fasteners on Friday reported a 24 per cent decline in consolidated net profit at Rs 107.43 crore for the fourth quarter ended March 2022. The company had reported a consolidated net profit of Rs 140.80 crore in the same period of the 2020-21 fiscal. Revenue from operations, however, rose to Rs [...]
New Delhi, Apr 22 (PTI) Tata Metaliks on Friday posted a 30 per cent fall in its net profit to Rs 52.46 crore for the quarter ended March owing to increased expenses. The company had clocked a Rs 74.99 crore net profit during January-March period of preceding 2020-21 fiscal, Tata Metaliks [...]
Mumbai, Apr 22 (PTI) The fall in stock prices of HDFC Ltd and HDFC Bank after the announcement of their merger was due to the lack of "clear" communication on the merits of the amalgamation on account of silent period ahead of quarterly results declarations, according to a senior executive. Keki Mistry, who is the [...]
New Delhi, Apr 22 (PTI) Tata group firm Tejas Networks on Friday posted a consolidated loss of Rs 49.62 crore in the fourth quarter ended on March 31, 2022, as the shortage of electronic chips hit its telecom gear production. The company had posted a profit of Rs 33.55 crore in the period a year [...]
