Apollo Hospitals Enterprise on Tuesday said its consolidated profit after tax declined by 33 per cent to Rs 153 crore for the third quarter ended December 31, 2022. The healthcare provider had posted a Profit After Tax (PAT) of Rs 228 crore in the October-December period of last fiscal. Revenues rose to Rs 4,264 crore [...]
Footwear maker Bata Ltd on Tuesday reported a 15 per cent increase in consolidated net profit at Rs 83.19 crore in the third quarter ended December 2022. The company had posted a consolidated net profit of Rs 72.32 crore in the same period last fiscal, Bata India said in a regulatory filing. Consolidated revenue from [...]
Torrent Power Limited on Tuesday posted an 88 per cent growth in its consolidated net profit at Rs 694.54 crore for the December quarter on account of higher income. The company had clocked a net profit of Rs 369.45 crore in the October-December period of fiscal 2021-22, Torrent Power Ltd said in a regulatory filing. [...]
Auto components major Bharat Forge Ltd on Tuesday reported an 81.35 per cent decline in consolidated net profit at Rs 78.72 crore in the third quarter ended December 2022, hit by higher expenses. The company had posted a consolidated net profit of Rs 422 crore in the same period last fiscal, Bharat Forge Ltd (BFL) [...]
Indian Railway Catering and Tourism Corporation is a wholly owned subsidiary of Indian Railways, Ministry of Railways, Government of India. It provides ticketing, catering, and tourism services for the Indian Railways. As per the regulatory filing by LIC on BSE, the insurance giant has added 1,81,80,323 shares of the company taking its total holding to [...]
Tata Group-owned Air India will buy 250 aircraft, including 40 wide-body planes, from Airbus as the airline expands its fleet and operations. This is the first time in more than 17 years that Air India has placed an aircraft order. It is also the first order placed by the carrier under the ownership of Tata [...]
Fintech firm PhonePe has raised another USD 100 million (about Rs 828 crore) in primary capital from new investors Ribbit Capital and TVS Capital Funds with participation from existing investor Tiger Global, at a pre-money valuation of USD 12 billion, the company said on Tuesday. This follows a USD 350 million primary fundraise by the [...]
The number of demat accounts rose to 11 crore in January, a surge of 31 per cent on a yearly basis, amid attractive returns from the equity markets, ease of account opening process and increased financial savings. Also, the incremental additions of such accounts were higher in January than in the preceding four months. However, [...]
Himachal Pradesh chief minister Sukhvinder Singh Sukhu on Tuesday launched the fifth generation (5G) internet network of telecom service provider Jio in the state. Expansion of 5G services would further strengthen the digital infrastructure in the state, which would bring new opportunities besides enriching the experiences for every individual especially students, businessmen and professionals, the [...]
CESC on Tuesday posted a marginal fall of 1.17 per cent in its consolidated net profit at Rs 336 crore for the December quarter. The company had clocked a net profit of Rs 340 crore in the October-December period of fiscal 2021-22, CESC said in a regulatory filing. Total income rose to Rs 3,224 crore [...]
