Maruti Suzuki India on Wednesday reported a 42 per cent rise in consolidated net profit to Rs 2,671 crore for the fourth quarter ended March 2023, driven by higher sales, improved realisation and favourable forex movement. The country's largest carmaker logged a net profit of Rs 1,876 crore in the January-March of 2021-22. Net sales [...]
Tata Steel Long Products (TSLP) has posted a standalone loss of Rs 184.11 crore during the fourth quarter of financial year 2022-23, on account of increased expenses. The company had reported a net profit of Rs 59.62 crore during the January-March period of fiscal year 2021-22, TSLP said in a regulatory filing on Tuesday. The [...]
Tata Communications on Wednesday posted about 11 per cent decline in the consolidated net profit to Rs 326.03 crore in the fourth quarter ending March 31, 2023. The company posted a profit of Rs 365.06 crore in the same period a year ago. The consolidated income from operations increased marginally to Rs 4,586.66 crore during [...]
Rating agency Crisil on Tuesday reported a nearly 20 per cent on-year rise in net profit to Rs 145.8 crore in the first quarter ending March 2023. The company said consolidated income for the quarter rose by 19.1 per cent to Rs 732.2 crore compared to the year-ago period. Amish Mehta, the managing director & [...]
General insurer ICICI Lombard on Tuesday said its net income jumped almost 40 per cent to Rs 437 crore for the March quarter, boosted by the base effect in the year-ago period when it took a heavy hit from the pandemic-related claims. Premium income just inched up 6.7 per cent in the reporting quarter to [...]
Fantasy sports' revenue is likely to grow over three-fold to Rs 25,240 crore by FY2027, a joint report by the Federation of Indian Fantasy Sports and Deloitte India said on Tuesday. The report claimed that India is the fastest-growing FS (fantasy sports) market in the world with over 300 fantasy sports platforms (FSPs) and 18 [...]
Media firm TV18 Broadcast Ltd on Monday reported a 91.09 per cent decline in its consolidated net profit at Rs 19.66 crore in the fourth quarter ended on March 31, 2023, on account of a fall in advertising revenue. The company had posted a net profit of Rs 220.85 crore in the January-March period of [...]
The South Central Railway (SCR) Zone has earned a Gross Originating Revenue of Rs 18,973.14 crore during the fiscal 2022-23, which is the highest originating revenue earned by the Zone since its inception, a senior official said on Monday. "Backed by proactive planning and dedicated efforts by Team SCR on all segments of its operation, [...]
The state-run Kerala Feeds Limited (KFL) on Monday said it has posted impressive results in 2022-23 with its total sales turnover going up to Rs 621 crore from Rs 577 crore the previous year. In a release, KFL, a State Public Sector Undertaking, said it has played a vital role in the growth of the [...]
Volvo Car India on Monday said it has sold 544 units in the first quarter of this year, a 38 per cent growth, over the same period last year. The automaker had sold 393 units in the January-March period of last year. The sales growth during the period was led by the XC60 which registered [...]
