Aditya Birla Group firm Grasim Industries Ltd on Tuesday reported a 55.56 per cent jump in its consolidated net profit at Rs 4,070.46 crore for the fourth quarter ended March 2022. The company had posted a net profit of Rs 2,616.64 crore during the January-March quarter of the previous fiscal, Grasim Industries said in a [...]
Homegrown FMCG firm Jyothy Labs Ltd on Tuesday reported a 35.41 per cent increase in its consolidated net profit to Rs 36.94 crore for the fourth quarter ended March 2022. It had posted a net profit of Rs 27.28 crore in the January-March quarter last fiscal, Jyothy Labs said in a regulatory filing. Its revenue [...]
Auto components major Minda Industries Ltd on Tuesday reported a 5 per cent decline in consolidated profit after tax at Rs 156 crore in the fourth quarter ended March. The company had posted a consolidated Profit After Tax (PAT) of Rs 164 crore in the same period of previous fiscal, Minda Industries Ltd said in [...]
India's crude oil production fell 1 per cent in April after lower output from fields operated by the private sector wiped away gains by state-owned firms such as ONGC, official data showed Tuesday. India produced 2.47 million tonnes of crude oil in April, down from 2.5 million tonnes in the same month last year, according [...]
NePharmaceuticals firm Ipca Laboratories Ltd on Tuesday reported a 19 per cent decline in consolidated net profit after tax at Rs 130.23 crore in the fourth quarter ended March 2022, impacted by higher expenses. The company had posted a consolidated net profit after tax of Rs 161.34 crore in the same quarter previous fiscal, Ipca [...]
Gensol Engineering on Tuesday said its net profit rose almost four-fold to Rs 8.77 crore in the quarter ended March 31, 2022. The company had posted a net profit of Rs 2.28 crore in the corresponding quarter a year ago, the company said in a regulatory filing. Total income in the quarter rose to Rs [...]
Defence and aerospace electronics solutions provider Data Patterns (India) Ltd has clocked profit after tax for the quarter ending March 31, 2022 at Rs 61.62 crore, the company said on Tuesday. The city-based company had registered profit after tax at Rs 65.96 crore during corresponding quarter previous year. For the year ending March 31, 2022 [...]
The Rajasthan government has approved the Rajasthan Electric Vehicle Policy (REVP) to encourage EVs in the state. The government has approved an additional budget provision of Rs 40 crore for the State Goods and Services Tax (SGST) reimbursement on the purchase of such vehicles. Rajasthan Chief Minister Ashok Gehlot has approved this policy, and its [...]
Rising fuel costs and prohibitively expensive electric vehicles are making compressed natural gas (CNG) "a welcome relief and alternate fuel" for mobility for Indian consumers, according to a report by NRI (Nomura Research Institute) Consulting & Solutions. CNG vehicle sales continued to grow in FY22, rising by 55 per cent to 2,65,383 units in FY22 [...]
The Enforcement Directorate has recently recorded the statement of former NSE managing director and chief executive officer Chitra Ramkrishna, lodged inside Delhi's Tihar jail, as part of a money laundering investigation against her and others, officials said Tuesday. The proceedings for recording the statement were conducted on two occasions inside the jail. The statement has [...]
