Fortis Healthcare Ltd on Wednesday reported a 40 per cent jump in consolidated net profit at Rs 87.03 crore in the fourth quarter ended March 31, 2022. The company had posted a consolidated net profit of Rs 62.36 crore in the same quarter of the previous fiscal, Fortis Healthcare said in a regulatory filing. Consolidated [...]
Balu Forge Industries Limited (BFIL) on Wednesday saw its standalone net profit jump to Rs 10.90 crore for the March quarter, boosted by higher income. The company had reported standalone net profit of Rs 4.78 crore in the year-ago period, the maker of finished and semi-finished forged crankshafts and forged components said in a regulatory [...]
The initial public offer of speciality chemicals company Aether Industries was subscribed 49 per cent on the second day of subscription on Wednesday. The IPO received bids for 45,68,996 shares against 93,56,193 shares on offer, as per NSE data. The category for Retail Individual Investors (RIIs) got subscribed 67 per cent, Qualified Institutional Buyers (QIBs) [...]
State-owned MOIL on Wednesday posted a rise of 13 per cent in its net profit to Rs 131.07 crore during the March quarter, supported by reduced expenses. The company had clocked Rs 116.03 crore net profit during the January-March quarter of 2020-21, it said in a regulatory filing. During the quarter under review, the company's [...]
Realty firm Kolte-Patil Developers Ltd on Wednesday reported a 28 per cent increase in consolidated net profit at Rs 26.68 crore for the quarter ended March. Its net profit stood at Rs 20.9 crore in the year-ago period, according to a regulatory filing. Total income rose to Rs 380.99 crore in the fourth quarter of [...]
The India Cements Ltd on Wednesday said it has inked a strategic collaboration with technology start-up Tvasta Manufacturing Solutions, which specialises in construction of buildings using 3D printing application. The collaboration would see India Cements and Tvasta Manufacturing to engage in a dedicated research and development, synergetic exchange of technology-centric efforts to develop new raw [...]
Sugar stocks fell sharply on Wednesday, a day after the government imposed restrictions on sugar exports from June 1 to increase availability of the commodity in domestic market and curb price rise. Shares of Dalmia Bharat Sugar and Industries plummeted 13.40 per cent, Dwarikesh Sugar tumbled 9.38 per cent, Uttam Sugar Mills plunged 9.30 per [...]
Deepak Fertilisers on Wednesday reported a 144.30 per cent jump in consolidated profit after tax (PAT) at Rs 282.91 crore for the quarter ended March 2022. The company's PAT stood at Rs 115.80 crore during the corresponding quarter of 2020-21, Deepak Fertilisers and Petrochemicals Corporation said in a BSE filing. Revenue from operations during the [...]
State-owned Power Finance Corporation (PFC) on Wednesday posted a nearly 10 per cent rise in the consolidated net profit at Rs 4,295.90 crore in the March quarter mainly on the back of higher revenues. The consolidated net profit of the company was at Rs 3,906.05 crore in the year-ago period, a BSE filing showed. Total [...]
Startup electric vehicle charging solutions provider Numocity on Wednesday said ABB's E-mobility division has acquired a controlling stake in the company for an undisclosed sum. With the acquisition, the current investors Ideaspring Capital and Rebright Pte Ltd will exit the company, Numocity said in a statement. Ideaspring Capital had led an investment in Numocity in [...]
