Sun Pharma Advanced Research Company Ltd on Monday said its net loss widened to Rs 81.99 crore in the fourth quarter ended March 2023, impacted by higher expenses. The company had posted a net loss of Rs 71.05 crore in the same period previous fiscal, Sun Pharma Advanced Research Company said in a regulatory filing. [...]
Public sector banks' cumulative profit crossed the Rs 1 lakh crore-mark in the financial year ended March 2023, with market leader State Bank of India (SBI) accounting for nearly half of the total earnings. From posting a total net loss of Rs 85,390 crore in 2017-18, the Public Sector Banks (PSBs) have come a long [...]
Punjab National Bank (PNB) on Friday reported over five-fold jump in its net profit to Rs 1,159 crore for the March 2023 quarter, helped by lower bad loans and a rise in interest income. The state-owned bank had earned a standalone net profit of Rs 202 crore in the year-ago period. During the quarter, the [...]
Leading shoemaker Bata India on Thursday reported a 4.22 per cent rise in consolidated net profit to Rs 65.62 crore for the fourth quarter ended March 2023. The company had posted a net profit of Rs 62.96 crore in the January-March quarter a year ago, Bata India Ltd said in a BSE filing. Its revenue [...]
Diageo-controlled liquor maker United Spirits Ltd on Thursday reported a 42.44 per cent decline in its consolidated net profit to Rs 102.8 crore for the fourth quarter ended March 2023. The company had posted a net profit of Rs 178.6 crore a year ago, United Spirits Ltd (USL) said in a regulatory filing. Its revenue [...]
Transport infrastructure consultancy and engineering firm RITES Ltd on Thursday said its profit after tax increased by 6.5 per cent to Rs 138 crore in the January-March 2023 quarter. The company had posted a profit after tax (PAT) of Rs 130 crore in the year-ago quarter, RITES said in a statement. Operating revenue, excluding other [...]
Fuelled by robust market demand and higher revenues, InterGlobe Aviation on Thursday flew into the profitability zone, raking in a net profit of Rs 919.2 crore in the March quarter. The parent of the country's largest airline IndiGo, which had faced turbulence last year, had a net loss of Rs 1,681.8 crore in the three [...]
InterGlobe Aviation, the parent of the country's largest airline IndiGo, on Thursday reported a net profit of Rs 919.2 crore in the three months ended March. The company had a net loss of Rs 1,681.8 crore in the year-ago period. "For the year ended March 2023, IndiGo reported a profit of Rs 26,540 million, excluding [...]
Diversified entity ITC Ltd on Thursday reported a 22.66 per cent rise in consolidated net profit at Rs 5,225.02 crore in the fourth quarter ended March 2023. The company had posted a consolidated net profit of Rs 4,259.68 crore in the year-ago period, ITC Ltd said in a regulatory filing. Its consolidated revenue from operations [...]
The country's largest bank SBI on Thursday reported an 83 per cent jump in net profit at Rs 16,694.51 crore for the fourth quarter of 2022-23 fiscal on higher interest income and low provisioning. In the January-March quarter of 2021-22 financial year, State Bank of India's net profit on standalone basis was Rs 9,113.53 crore. [...]
