IRB Infrastructure Developers Ltd (IRB) on Friday said its revenue from toll collection grew 36 per cent to Rs 374.81 crore in January 2023. The toll collection stood at Rs 276.44 crore in January 2022, IRB said in a statement. "The consistently robust growth in toll revenue across all our projects over last year reflects [...]
Mahindra & Mahindra (M&M) on Friday reported a 14 per cent rise in its profit after tax (PAT) to Rs 1,528 crore for the third quarter ended December 2022, driven by robust sales. The Mumbai-based automaker had reported a net profit of Rs 1,335 crore for the October-December period of the previous fiscal. Its revenue [...]
Indian Railway Catering and Tourism Corporation (IRCTC) remained in focus on Friday after the monopoly reported a growth in its quarterly revenue and net profits numbers. In Q3FY23, the company reported a total revenue of Rs 918.06 Crores, an increase of 70 percent YoY from Rs 540.21 Crores and 14 percent QoQ from Rs 805.8 [...]
State-owned GAIL (India) Ltd has signed an advance pricing agreement with the Central Board of Direct Taxes (CBDT) for determining the transfer pricing margin payable on the long-term LNG the firm sources from the US. The pact was signed by Rasmi Ranjan Das of CBDT and R K Jain, Director (Finance), GAIL, the company said [...]
WPIL Ltd, a leading pump and pumping systems company saw its shares hit an upper circuit of 20 percent at Rs 1,683 levels and reach a new all-time high in the early hours of Friday. The shares climbed to a high after it reported robust quarterly earnings growth. In Q3FY23, the company reported a total [...]
RITES Ltd has reported 2.3 per cent rise in consolidated profit after tax (PAT) at Rs 147.18 crore for the quarter ended December 31, 2022. The company had logged a PAT of Rs 143.87 crore in the year-ago period, RITES said in a filing to the BSE. Revenue from operations in October-December 2022-23 declined to [...]
Aditya Birla Group on Friday committed Rs 25,000 crore investment across its various businesses in Uttar Pradesh. Speaking at Global Investors Summit here, Kumar Mangalam Birla said the investment would go into various businesses like cement, metals, chemicals, financial services and renewable energy. The Mumbai-based group's seven businesses have a significant presence in Uttar Pradesh, [...]
Mukesh Ambani-led Reliance Industries’ shares have lost 14% in over two months. They were at ₹ 2723 levels at the beginning of December and were trading at ₹ 2331.95 apiece at 11:31 AM on Friday. Abhijeet Bora, DVP Research Analyst at Sharekhan by BNP Paribas said that a decline in the share price of Reliance [...]
Beer maker United Breweries Ltd on Thursday reported a consolidated net loss of Rs 1.81 crore in the third quarter ended December 31, 2022 on account of impairment of assets in Tamil Nadu and Andhra Pradesh, besides higher expenses. The company had posted a consolidated net profit of Rs 91.02 crore in the same quarter [...]
Air India has finalised an order for around 250 aircraft with Airbus and the deal is expected to be announced next week, a source said on Thursday. The source in the know also said the airline has signed a deal with Boeing for about 200 planes. Specific details could not be immediately ascertained and there [...]
