General Insurance Corporation of India (GIC Re) on Thursday reported a net profit of Rs 1,201 crore for the third quarter ended December 2022. There was a loss of Rs 28.48 crore in the year-ago period. Sequentially, it posted a net profit of Rs 1,859.93 crore in the second quarter ended September 2022. Gross premium [...]
State-owned Indian Overseas Bank (IOB) on Thursday reported a 22 per cent growth in its profit at Rs 555 crore in the quarter ended December 2022 due to an increase in interest income and improved asset quality. The Chennai-based bank had posted a net profit of Rs 454 crore in the same quarter a year [...]
Quick service restaurant operator Devyani International Ltd on Thursday reported a 7.63 per cent rise in consolidated net profit to Rs 71.03 crore for the third quarter ended December 2022. The company, which is the largest franchisee of Yum Brands in India -- including Pizza Hut and KFC, had reported a net profit of Rs [...]
Hindalco Industries, the Aditya Birla Group metals flagship, on Thursday posted a 62.9 per cent decline in consolidated profit after tax at Rs 1,362 crore for the quarter ended December 31, 2022 mainly due to elevated input costs, unfavourable macros and inflationary impacts. The company had posted consolidated Profit After Tax (PAT) of Rs 3,675 [...]
Tyre maker MRF Ltd on Thursday reported a 17 per cent rise in consolidated net profit from continuing operations at Rs 174.83 crore for the third quarter ended December 31, 2022. The company had posted a consolidated net profit from continuing operations at Rs 149.39 crore in the same quarter last fiscal, MRF Ltd said [...]
Gati Ltd on Wednesday reported its consolidated loss at Rs 4.70 crore in the quarter ended December 2022. In contrast, the company had posted a consolidated profit of Rs 5.02 crore in the corresponding quarter of previous fiscal, Gati Ltd said in a BSE filing. The consolidated income of the company during the October-December quarter [...]
Engine manufacturer Cummins India standalone profit after tax rose 50 per cent to Rs 360.14 crore in the December quarter of 2022-23 over the same period last year. Cummins India had recorded a profit of Rs 240.97 crore in the third quarter of financial year 2021-22. Total sales for the quarter were Rs 2,144 crore, growing [...]
Ircon International Ltd on Wednesday reported a 40.2 per cent rise in consolidated profit after tax to Rs 190 crore for the quarter that ended December 31, 2022. The company had posted a consolidated PAT of Rs 135.5 crore in the year-ago period, IRCON International Ltd said in a filing to BSE. The consolidated income [...]
Pricol Ltd, an automobile component manufacturer, has reported consolidated profit for the quarter ended December 31, 2022 at Rs 26.76 crore, the company said on Thursday. The Tamil Nadu based company had registered consolidated PAT at Rs 17.34 crore during corresponding quarter last fiscal. For the nine month period ended December 31, 2022 the consolidated [...]
Steering and suspension products manufacturer Rane (Madras) Ltd has reported over 300 per cent jump on its standalone profit after tax for the quarter ended December 31, 2022, at Rs 33.3 crore, the company said on Thursday. The company had registered standalone PAT at Rs 7.7 crore during corresponding quarter last fiscal. Total revenue on [...]
