Solid performance in an uncertain environment Bengaluru, Karnataka, India – Business Wire India Q1 2022 HIGHLIGHTS • Strong growth in orders (26%) and revenue (21%) • Emerging sectors & core sector recovery create momentum • Capacity utilization & operation efficiencies yield traction in profit • Published the first Business Responsibility and Sustainability Report (BRSR) 2021 [...]
New Delhi, May 5 (PTI) Drug firm Morepen Laboratories on Thursday said its consolidated net profit declined by 55 per cent to Rs 12 crore for the fourth quarter ended March 2022. The company had reported a net profit of Rs 27 crore in the January-March quarter of 2020-21 fiscal. Total income increased to Rs [...]
Editor's Synopsis: FY2022 (Consolidated): • Revenues at Rs. 6,845 crore, up by 56% Y-o-Y • EBITDA at Rs. 1,646 crore, higher by 30% Y-o-Y • PAT, at Rs. 1,067 crore, rises 37% on a Y-o-Y basis • Board of Directors approve final dividend of Rs. 7 per share (350%) • Debt free on basis of [...]
New Delhi, May 4 (PTI) Tata Consumer Products Ltd (TCPL) on Wednesday reported an over three-fold jump in consolidated net profit at Rs 239.05 crore for the fourth quarter ended March 2022, helped by growth in underlying profitability and lower exceptional costs. The company had posted a net profit of Rs 74.35 crore in the [...]
New Delhi, May 4 (PTI) Consumer electrical goods maker Havells India Ltd on Wednesday reported a 16.01 per cent increase in its consolidated net profit to Rs 352.48 crore for the fourth quarter ended in March 2022. The company had posted a consolidated net profit of Rs 303.83 crore in the January-March quarter a year ago, Havells [...]
Mumbai, May 4 (PTI) Private sector lender Kotak Mahindra Bank on Wednesday reported a 65 per cent jump in its standalone profit after tax at Rs 2,767 crore in the quarter ended March 2022, helped by higher growth in net interest income and healthy asset quality. The lender had reported a standalone PAT (Profit After [...]
New Delhi, May 4 (PTI) Equitas Small Finance Bank (ESAF) on Wednesday reported almost flat growth in its net profit at Rs 120 crore for the quarter ended March 2022. It had posted a net profit of Rs 113 crore in the same quarter a year ago. Total income in Q4 FY22 rose to Rs [...]
New Delhi, May 4 (PTI) IT company Cigniti Technologies on Wednesday reported an 8.3 per cent decline in consolidated profit after tax to Rs 22.6 crore in the quarter ended on March 31, 2022, compared to Rs 24.67 crore in the same period a year ago. Cigniti board approved the acquisition of modern technology IT [...]
EIH Limited, which runs the Oberoi chain of hotels and resorts, on Wednesday reported a consolidated net profit of Rs 15.85 crore for the fourth quarter ended March 2022. The company had posted a loss of Rs 48.83 crore in the corresponding period of the previous fiscal. EIH Limited also announced that its long-serving Chairman [...]
Consumer electrical goods maker Havells India Ltd on Wednesday reported a 16.01 per cent increase in its consolidated net profit to Rs 352.48 crore for the fourth quarter ended in March 2022. The company had posted a consolidated net profit of Rs 303.83 crore in the January-March quarter a year ago, Havells said in a [...]