Mortgage lender HDFC Ltd on Tuesday said it has assigned (sold) 19 per cent higher loans to the tune of Rs 8,892 crore in the third quarter ended December 2022. The corporation had assigned loans amounting to Rs 7,468 crore in the corresponding quarter of the previous year, HDFC Ltd said in a regulatory filing. [...]
Vedanta on Tuesday said that its total aluminum production dropped by 2 per cent to 5,66,000 tonnes in the third quarter of the current fiscal. The company's total aluminum output stood at 5,79,000 tonnes in the year-ago period. "Alumina production at Lanjigarh refinery decreased by 6 per cent YoY and 2 per cent QoQ [...]
The Indian Energy Exchange's total trade volume in December 2022 dipped 7 per cent to 8,452 million units as compared to the year-ago period mainly due to higher average spot price of electricity and lower trading of renewable energy certificates. "The overall volume on the exchange in December 2022 increased 9 per cent on a [...]
State-owned Bank of Maharashtra (BoM) on Tuesday said it has posted a credit growth of 21.81 per cent to Rs 1.57 lakh crore for the third quarter ended December 2022. The outstanding credit was Rs 1.29 lakh crore at the end of December 31, 2021, BoM said in a regulatory filing. The bank's deposits aggregated [...]
Maruti Suzuki India on Tuesday reported a 28 per cent rise in exports at 2,63,068 units in 2022, its highest ever overseas shipments. The company's previous highest exports was achieved in 2021 with 2,05,450 units. The highest exported models in 2022 were Dzire, Swift, S-Presso, Baleno and Brezza, the company said in a statement. "Crossing [...]
Vedanta group firm Hindustan Zinc on Monday said its mined metal output registered a marginal rise of one per cent to 2,54,000 tonnes in the third quarter of the current fiscal. The company's mined metal production was 2,52,000 tonnes in the year-ago period. In a statement, the company said that the mined metal production stood at [...]
Food and grocery delivery platform Swiggy has reported a widening of its net loss to Rs 3,628.9 crore for FY22. The company had posted a net loss of Rs 1,616.9 crore in the previous fiscal. According to the financial data accessed by the business intelligence platform Tofler, the company's revenue from operations stood at Rs [...]
Auto-tech firm CarDekho Group on Monday said it has narrowed total losses to Rs 246 crore in 2021-22. The group had posted a total loss of Rs 341 crore in FY21, CarDekho said in a statement. The revenue from operations in FY22 increased to Rs 1,598 crore from Rs 884 crore in FY21, it added. [...]
Bajaj Auto Ltd on Monday reported a 22 per cent decline in total sales to 2,81,486 units in December 2022. The company posted a total sales of 3,62,470 units in December 2021, Bajaj Auto said in a statement. The two-wheeler sales slipped 23 per cent to 2,47,024 units from 3,18,769 units in the year-ago month, [...]
Automaker Kia India on Monday reported a 94.7 per cent increase in domestic sales at 15,184 units in December. The company had sold 7,797 units in the year-ago period. In the calendar year 2022, the company said it witnessed a growth of 47.7 per cent with cumulative sales of 3,36,619 units. Its sales in 2021 [...]
