Mumbai, Feb 3 (PTI) Non-banking financial company Mahindra and Mahindra Finance is aiming to reduce its net non-performing assets (NPA) ratio to below 4 per cent by March-end. In the quarter ended December 31, 2021, the company's net NPA (stage 3 assets), stood at 5.63 per cent (as per IND-AS accounting norms). Under the Reserve [...]
Torrent Power on Thursday posted nearly 15 per cent rise in its consolidated net profit at Rs 369.45 crore in the December quarter, mainly on the back of higher revenues. The company had reported a consolidated net profit of Rs 321.73 crore in the quarter ended December 31, 2020, a BSE filing stated. Total income [...]
JK Tyre & Industries on Thursday said its consolidated net profit declined 76.6 per cent to Rs 53.92 crore for the third quarter ended December 31, 2021. The company had reported a consolidated net profit of Rs 230.46 crore in the corresponding period last fiscal, according to BSE filing. However, its revenue from operations in [...]
Gear and gear products manufacturer Shanthi Gears Ltd on Thursday reported net profit for the quarter ending December 31, 2021 at Rs 13.77 crore. The Tamil Nadu-based company, a subsidiary of Tube Investments of India (TII) had registered net profit at Rs 7.70 crore during corresponding quarter previous year. For the nine month period ending [...]
GMM Pfaudler, a leading supplier of engineered equipment and systems to chemical and pharma markets, on Thursday reported an 85 per cent jump in consolidated net profit to Rs 43 crore for the December 2021 quarter. The city-headquartered company also saw its revenue rise by 218 per cent to Rs 642 crore during the quarter [...]
Aditya Birla Capital Ltd (ABCL) on Thursday said its consolidated net profit doubled to Rs 577 crore in the quarter ended December 2021, its highest-ever quarterly profit, on the back of strong growth across businesses. The net profit stood at Rs 289 crore in the corresponding quarter a year ago. Consolidated revenue grew by 13 [...]
Mahindra Holidays & Resorts India Ltd on Thursday reported a consolidated net profit of Rs 13.39 crore for the third quarter ended December 31, 2021. The company had posted a consolidated net loss of Rs 67.34 lakh in the corresponding period last fiscal, Mahindra Holidays & Resorts India said in a regulatory filing. Its consolidated [...]
Varun Beverages Ltd, PepsiCo's largest franchise bottler, on Thursday reported a consolidated net profit of Rs 32.59 crore for the fourth quarter ended December 2021, helped by volume growth. The company, which follows the calendar year as its financial year, had posted a net loss of Rs 7.24 crore during the October-December quarter a year [...]
Godrej Properties on Thursday said its consolidated net profit in December quarter nearly tripled to Rs 38.95 crore while its sales bookings grew 4 per cent to Rs 1,541 crore. Its net profit stood at Rs 14.35 crore in the same period of 2020-21. Total income increased to Rs 466.91 crore in the quarter from [...]
New Delhi, Feb 3 (PTI) Liquor maker Radico Khaitan Ltd on Thursday reported a decline of 5.88 per cent in its consolidated net profit at Rs 79.13 crore for the third quarter ended December 2021. The company had posted a consolidated net profit of Rs 84.08 crore in the October-December quarter a year ago, Radico [...]
