Eicher Motors on Thursday said its consolidated net profit increased by 49 per cent to Rs 906 crore for the fourth quarter ended March 31, 2023, on the back of robust sales across domestic and global markets. The company, which had reported a net profit of Rs 610 crore a year ago, said it has [...]
Shaving products maker Gillette India Ltd on Thursday reported a 48.17 per cent rise in profit after tax (PAT) to Rs 102.70 crore for the third quarter ended March 2023, helped by tax gains and premiumisation of products. The company, which follows the July-June financial year, had reported a profit of Rs 69.31 crore in [...]
Leading stock exchange BSE on Thursday reported a 24 per cent jump in net profit to Rs 88.61 crore for the three months ended March. The exchange had posted a net profit of Rs 71.52 crore in the same quarter of the preceding the fiscal, BSE said in a regulatory filing to the National Stock [...]
Religare Enterprises on Thursday posted Rs 20 crore profit on a standalone basis for the fourth quarter ended March 2023. The company had registered a net loss of Rs 7 crore in the January-March quarter of the preceding fiscal. The total income increased to Rs 41 crore against Rs 8 crore in the same quarter [...]
Ujjivan Small Finance Bank on Thursday reported a more than two-fold jump in its March quarter net profit to Rs 309.50 crore, helped by higher core income and a write-back in provisions. The Bengaluru-headquartered lender posted a net profit of Rs 1,099 crore for FY23 as against a loss of Rs 414 crore in the [...]
Telecom operators Reliance Jio and Bharti Airtel added 19.8 lakh mobile subscribers month-on-month in February, even as Vodafone Idea lost 20 lakh customers, according to data released by Trai on Thursday. India's largest telecom player Reliance Jio added the maximum number of mobile subscribers at about 10 lakh, taking its wireless subscriber tally to 42.71 [...]
BLS International on Thursday reported a more than two-fold jump in its consolidated net profit at Rs 76.73 crore for the quarter ended March. Its net profit stood at Rs 35.20 crore in the year-ago period, the company said in a statement. BLS International is into visa and consular services. The company's operational revenue rose [...]
Aditya Birla Capital on Thursday reported a 35 per cent increase in consolidated net profit to Rs 609 crore in the fourth quarter ended March 2023. The holding company for the financial services businesses of the Aditya Birla Group had earned a net profit was Rs 450 crore in the year-ago period. During the quarter, [...]
Equity benchmark indices Sensex and Nifty fell in early trade on Friday amid weak trends in global markets and as investors preferred to stay on the sidelines ahead of the release of domestic inflation data. The 30-share BSE Sensex fell 244.01 points to 61,660.51. The NSE Nifty declined 77.95 points to 18,219.05. Among the Sensex [...]
A company is said to be ‘Fundamentally Strong’ when it is equipped with strong margins and stable financial numbers. Moreover, such firms have the ability to survive during financial distress in the industry. Herein this article, we will analyze one of such fundamentally strong stocks: Aarti Industries Limited Aarti Industries Limited is engaged in manufacturing [...]
