ITC Q4 Results: Consolidated net profit up 11.60 %
ITC Ltd on Wednesday reported an 11.60 per cent rise in its consolidated net profit to Rs 4,259.68 crore for the fourth quarter ended in March 2022. The company had posted a net profit of Rs 3,816.84 crore during the January-March quarter of the previous fiscal, ITC said in a regulatory filing. Its revenue from [...]
JK Lakshmi Cement Q4 Results: Net profit rises 18.3%, revenue up 12.3%
JK Lakshmi Cement on Wednesday reported an 18.36 per cent increase in its consolidated net profit to Rs 188.36 crore for the fourth quarter ended in March 2022, helped by improvement in operational efficiencies and higher volume. The company had posted a profit of Rs 159.13 crore in the January-March period a year ago, JK [...]
Rane Brake Lining clocks Q4 PAT at Rs 13.1 cr
Manufacturers of brake linings and disc pads, Rane Brake Lining Ltd recorded a profit after tax for the quarter ending March 31, 2022 at Rs 13.1 crore, the company said on Wednesday. The city-based firm of diversified conglomerate Rane Group registered profit after tax at Rs 14.3 crore in corresponding quarter previous year. For the [...]
Arvind Ltd Q4 Results: Consolidated net profit up 64%
Leading textile manufacturer Arvind Ltd on Wednesday reported 64.22 per cent rise in consolidated net profit at Rs 87.60 crore for the fourth quarter ended March 2022, helped by strong volume and a price increase during the period. The company had logged a net profit of Rs 53.34 crore during January-March period a year ago, [...]
Brookfield Reit declares Rs 170 cr payout in Q4, Rs 690 cr for FY22
Brookfield India Real Estate Trust (Biret), the only 100 per cent institutionally-managed Reit in the country, on Wednesday announced Rs 170 crore or Rs 5.10 per unit dividend for the March quarter, taking the total cumulative payout to Rs 690 crore or Rs 22.10/unit for the full fiscal 2022. The company said it has generated [...]
McDonald franchisee owner Westlife Development posts net profit of Rs 15.06 cr
Westlife Development Ltd which owns Hardcastle Restaurants, the Master Franchisee of McDonald's restaurants for west and south India, on Wednesday reported a consolidated net profit at Rs 15.06 crore for the fourth quarter ended March 2022. The company had posted a net loss of Rs 6.03 crore in the January-March quarter a year ago, Westlife [...]
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Manappuram Finance Q4 Results: Net profit falls 44%
Manappuram Finance on Wednesday reported over 44 per cent decline in net profit at Rs 261 crore in the quarter ended March 2022. The company had posted a net profit of Rs 468 crore in the same quarter of the previous year. "Our PAT (Profit After Tax) has been affected temporarily due to shifting of [...]
ITC Q4 Results: Consolidated net profit up 11.60 %
ITC Ltd on Wednesday reported an 11.60 per cent rise in its consolidated net profit to Rs 4,259.68 crore for the fourth quarter ended in March 2022. The company had posted a net profit of Rs 3,816.84 crore during the January-March quarter of the previous fiscal, ITC said in a regulatory filing. Its revenue from [...]
JK Lakshmi Cement Q4 Results: Net profit rises 18.3%, revenue up 12.3%
JK Lakshmi Cement on Wednesday reported an 18.36 per cent increase in its consolidated net profit to Rs 188.36 crore for the fourth quarter ended in March 2022, helped by improvement in operational efficiencies and higher volume. The company had posted a profit of Rs 159.13 crore in the January-March period a year ago, JK [...]
Rane Brake Lining clocks Q4 PAT at Rs 13.1 cr
Manufacturers of brake linings and disc pads, Rane Brake Lining Ltd recorded a profit after tax for the quarter ending March 31, 2022 at Rs 13.1 crore, the company said on Wednesday. The city-based firm of diversified conglomerate Rane Group registered profit after tax at Rs 14.3 crore in corresponding quarter previous year. For the [...]
Arvind Ltd Q4 Results: Consolidated net profit up 64%
Leading textile manufacturer Arvind Ltd on Wednesday reported 64.22 per cent rise in consolidated net profit at Rs 87.60 crore for the fourth quarter ended March 2022, helped by strong volume and a price increase during the period. The company had logged a net profit of Rs 53.34 crore during January-March period a year ago, [...]
Brookfield Reit declares Rs 170 cr payout in Q4, Rs 690 cr for FY22
Brookfield India Real Estate Trust (Biret), the only 100 per cent institutionally-managed Reit in the country, on Wednesday announced Rs 170 crore or Rs 5.10 per unit dividend for the March quarter, taking the total cumulative payout to Rs 690 crore or Rs 22.10/unit for the full fiscal 2022. The company said it has generated [...]
McDonald franchisee owner Westlife Development posts net profit of Rs 15.06 cr
Westlife Development Ltd which owns Hardcastle Restaurants, the Master Franchisee of McDonald's restaurants for west and south India, on Wednesday reported a consolidated net profit at Rs 15.06 crore for the fourth quarter ended March 2022. The company had posted a net loss of Rs 6.03 crore in the January-March quarter a year ago, Westlife [...]
Galaxy Surfactants Q4 Results: Consolidated net profit up 25%
Specialty care products maker Galaxy Surfactants Ltd (GSL) on Wednesday posted 25 per cent jump in consolidate net profit at Rs 98.40 crore for the fourth quarter ended March 2022 on robust income. The company had clocked a net profit of Rs 78.68 crore in the same quarter of previous fiscal year, according to a [...]
Indian Overseas Bank Q4 Results: Net profit jumps 58% to Rs 552 crore
State-owned Indian Overseas Bank (IOB) on Wednesday reported a nearly 58 per cent jump in net profit at Rs 552 crore in the quarter ended March 2022, mainly due to lower provisioning for bad loans. The bank had posted a net profit of Rs 350 crore in the year-ago period. However, the total income of [...]
EID Parry (India) Ltd Q4 Results: Standalone PAT at Rs 225.12 crore
Sugar manufacturer EID Parry (India) Ltd reported a standalone profit after tax for the quarter ending March 31, 2022 at Rs 225.12 crore, the company said on Wednesday. The standalone profit after tax was at Rs 168.60 crore during the corresponding quarter in the previous year. For the year ending March 31, 2022, standalone profit [...]
Foods and Inns Limited declares robust growth, Standalone Revenue up by 73% YoY
Foods & Inns Limited, one of the largest pioneers of food processing industry in India has announced robust financial numbers in FY22. HIGHLIGHTS OF STANDALONE BUSINESS Standalone Financials FY22 vs FY21 (Y-o-Y basis) 1. The Revenue from Operations of the Group has increased to INR 616.49 Crores from INR 356.57 Crores in FY'21. The Revenue [...]
DLF Q4 Results: Consolidated net profit declines 16% to Rs 405.33 cr
Realty major DLF on Tuesday reported a 16 per cent decline in its consolidated net profit to Rs 405.33 crore for the quarter ended in March. Its net profit stood at Rs 480.94 crore in the year-ago period, the company said in a regulatory filing. Total income declined to Rs 1,652.13 crore during the fourth [...]
MFIs’ total loan portfolio grows 5% to Rs 2,62,598 crore as on March 2022: Report
Microfinance industry loan portfolio grew by 5 per cent year-on-year to Rs 2,62,598 crore in the fiscal ended March 2022, according to a report by Sa-Dhan released on Tuesday. In the year-ago period, the same stood at Rs 2,50,826 crore. Sa-Dhan is an RBI recognised Self Regulatory Organisation (SRO) for microfinance institutions. In the last quarter [...]
Indian Oil Corporation Q4 Results: Net profit drops 31.4% on margin squeeze
Indian Oil Corporation (IOC) on Tuesday reported a 31.4 per cent drop in the fourth quarter net profit on a margin squeeze in petrochemicals and losses on auto fuel sales. Standalone net profit of Rs 6,021.88 crore, or Rs 6.56 a share, in January-March, compared with Rs 8,781.30 crore, or Rs 9.56 per share, in [...]
IRB Infra Q4 Results: Consolidated net profit zooms 79%
IRB Infrastructure Developers Ltd on Tuesday reported a 79.04 per cent jump in its consolidated net profit to Rs 175 crore for the fourth quarter ended in March 2022. The company had clocked a net profit of Rs 97.45 crore during the year-ago quarter, IRB Infrastructure Developers said in a BSE filing. Its total income [...]
MCX Q4 Results: Consolidated net profit falls to Rs 36.53 crore
Multi Commodity Exchange of India Ltd (MCX) on Tuesday reported a 5 per cent decline in consolidated net profit at Rs 36.53 crore for the quarter ended March. Its net profit stood at Rs 38.44 crore in the year-ago period. Total income increased to Rs 121.04 crore in the fourth quarter of last fiscal from [...]
Abbott India Q4 Results: Net profit up 39% at Rs 211 cr
Drug firm Abbott India on Tuesday said its net profit increased by 39 per cent to Rs 211 crore for the fourth quarter ended March 2022. The company had reported a net profit of Rs 152 crore in the January-March quarter of 2020-21 fiscal. Revenue from operations rose to Rs 1,255 crore in the period [...]
EKI Energy Services Results: Standalone net profit jumps to Rs 383 crore in FY22
EKI Energy Service on Tuesday posted a multi-fold jump in standalone net profit at Rs 383.36 crore in 2021-22 financial year, mainly on the back of higher revenues. The standalone net profit of the company was at Rs 18.69 crore in the fiscal ended March 2021. In the last fiscal, total standalone income rose to [...]
Bharti Airtel Q4 Results: Consolidated net profit zooms to Rs 2008 cr
India's second largest telecom operator Bharti Airtel on Tuesday posted over two-fold jump in its consolidated net profit to Rs 2,008 crore for the March quarter. The net profit stood at Rs 759 crore in the year-ago period. Airtel's revenue from operations rose 22.3 per cent to Rs 31,500 crore during the fourth quarter of [...]
Kajaria Ceramics Q4 Results: Consolidated net profit down 26%
Kajaria Ceramics Ltd on Tuesday reported a decline of 25.87 per cent in consolidated net profit at Rs 97.23 crore for the fourth quarter ended March. The company had posted a net profit of Rs 131.17 crore in the year-ago period, Kajaria Ceramics said in a BSE filing. However, its revenue from operations was up [...]
Bajaj Electricals Q4 Results: Consolidated net profit down 29%
Bajaj Electricals on Tuesday reported a 28.73 per cent decline in consolidated net profit at Rs 38.67 crore for the fourth quarter ended March 2022. The company had posted a net profit of Rs 54.26 crore for March quarter of the previous fiscal year, Bajaj Electricals said in a regulatory filing. However, total revenue from [...]
Elgi Equipments clocks Rs 73.1 crore consolidated PAT for Q4 in FY22
Coimbatore-based Elgi Equipments, a leading manufacturer of air compressors, on Monday reported a consolidated profit after tax (PAT) of Rs 73.1 crore for the fourth quarter of financial year 2021-22. In the same period last fiscal, the company had clocked PAT of Rs 43.4 crore. The consolidated PAT for the financial year was Rs 178.4 [...]
GlaxoSmithKline Pharma Q4 Results: Consolidated net loss at Rs 55 cr
GlaxoSmithKline Pharmaceuticals on Monday reported a Rs 55 crore consolidated net loss from continuing operations for the fourth quarter. The drug firm had reported a net profit of Rs 4 crore for the January-March quarter of the 2020-21 fiscal. Revenue from operations rose to Rs 810 crore for the fourth quarter compared to Rs 744 [...]
Canara Bank eyes 8-10% loan growth; rise in corporate credit this fiscal
State-owned Canara Bank is expecting an 8-10 per cent growth in advances as well as a healthy double-digit rise in corporate loan portfolio in the current financial year, its Managing Director and CEO L V Prabhakar said on Monday. In the fiscal ended on March 31, 2022, the lender's gross advances grew by 9.77 per [...]
Century Plyboards Q4 Results: Consolidated net profit up 2%, revenue up 21%
Century Plyboards (India) Ltd on Monday reported a 2.08 per cent increase in its consolidated net profit to Rs 88.75 crore for the fourth quarter ended in March 2022. The company had reported a net profit of Rs 86.94 crore in the January-March quarter a year ago, Century Plyboards said in a BSE filing. Its [...]
Bharat Forge Q4 Results: Consolidated net profit surges 9.3% to Rs 232 cr
Auto components major Bharat Forge Ltd on Monday reported a 9.3 per cent increase in its consolidated net profit at Rs 231.86 crore in the fourth quarter ended March 2022, driven by higher revenue. The company had posted a consolidated net profit of Rs 212.12 crore in the same period of the preceding fiscal, Bharat [...]
Tata Power Solar Systems bags NHPC’s 300 MW solar project worth Rs 1,731 crore
Tata Power Solar Systems on Monday said it has bagged 300 MW solar project worth Rs 1,731 crore from state-owned NHPC. "Tata Power Solar Systems, one of India's largest integrated solar companies and a wholly-owned subsidiary of Tata Power, bagged an order of 300 MW solar project worth Rs 1,731 crore, inclusive of tax from [...]
Share India Securities Q4 Results: PAT jumps over two-fold to Rs 76 crore
Technology-driven financial services company Share India Securities Ltd on Monday reported more than two-fold jump in its profit after tax at Rs 76.02 crore for the quarter ended March 2022. In comparison, the company had posted a PAT (Profit After Tax) of Rs 35.82 crore in the same quarter of preceding fiscal, Share India Securities [...]
Kalpataru Q4 Results: Consolidated net Profit dips around 39% YoY
Kalpataru Power Transmission (KPTL) on Saturday reported a 39 per cent decline in consolidated net profit to Rs 115 crore in the March quarter compared to the year-ago period. The consolidated net profit of the company was Rs 187 crore in the quarter ended on March 31, 2021, a BSE filing said. Total income [...]
Shipping Corporation Q4 Results: Consolidated net profit jumps 77.42%
Shipping Corporation of India (SCI) on Saturday reported a 77.42 per cent jump in its consolidated net profit to Rs 152.16 crore for the fourth quarter ended March 2022. The state-owned company had clocked a consolidated profit of Rs 85.76 crore in the same quarter of 2020-21, it said in a regulatory filing. Its total [...]
Avenue Supermarts or D-Mart Q4 Results: Consolidated net profit up 3.11%
Avenue Supermarts Ltd, which owns and operates retail chain D-Mart, on Saturday reported a 3.11 per cent increase in its consolidated net profit to Rs 426.75 crore for the fourth quarter ended March 2022. The company had posted a net profit of Rs 413.87 crore in the January-March quarter a year ago, Avenue Supermarts said [...]
Carborundum Universal Q4 Results: Standalone net profit rises 7.6%
Abrasives and industrial ceramics maker Carborundum Universal Ltd on Saturday reported a 7.60 per cent jump on its standalone net profit for the quarter ending March 31, 2022 at Rs 61.91 crore. The city-based Murugappa Group company had registered standalone net profit at Rs 57.52 crore during the corresponding quarter in the previous year. For [...]
Reliance Infra Q4 Results: Net loss at Rs 449 crore
Reliance Infrastructure on Friday reported a loss of Rs 449.13 crore in the March 2022 quarter. The company had reported a consolidated net profit of Rs 1,611.02 crore in the corresponding quarter of FY21, a BSE filing said. The total income in the quarter under review declined to Rs 4,467.61 crore from Rs 7,860.81 crore in [...]
Reliance Power Q4 Results: Consolidated Loss at Rs 555 cr
Reliance Power on Friday reported a consolidated loss of Rs 555.18 crore for the March quarter, mainly due to higher expenses. The company had clocked a consolidated net profit of Rs 72.56 crore in the quarter ended March 31, 2021, as per a BSE filing. Total income in the quarter rose to Rs 1,878.40 crore [...]
Triveni Turbine Q4 Results: Consolidated net profit rises 42% to Rs 33 crore
Triveni Turbine on Friday posted about 42 per cent rise in its consolidated net profit at Rs 33.02 crore in the March 2022 quarter. The consolidated net profit of the company stood at Rs 23.28 crore in the corresponding quarter for FY21, a BSE filing said. The total income in the quarter under review rose [...]
Eicher Q4 Results: Consolidated PAT up 16%; lines up Rs 1,100 cr capex for current fiscal
Eicher Motors on Friday said its consolidated net profit after tax increased by 16 per cent to Rs 610 crore for the fourth quarter ended March 31, 2022. The company had reported a net profit after tax of Rs 526 crore in the January-March quarter of the 2020-21 fiscal. Total revenue from operations rose to [...]
Nazara Tech Q4 Results: Consolidated profit up 17% to Rs 4.9 cr
Digital gaming and sports platform Nazara Technologies on Friday posted an about 17 per cent increase in consolidated profit to Rs 4.9 crore for the quarter ended March 2022. The company had logged a profit of Rs 4.2 crore in the same period a year ago. Revenue from operations increased by about 42 per cent [...]
Tech Mahindra Q4 Results: Consolidated net profit zooms 39% YoY
IT services provider Tech Mahindra on Friday reported a 39 per cent jump in its consolidated net profit for March 2022 quarter at Rs 1,678.4 crore, and exuded confidence that the positive business momentum will continue in the current fiscal. On a standalone basis, the Mahindra group company reported a post-tax profit at Rs 1,505 [...]
UCO Bank Q4 Results: Net Profit jumps over 3-fold to Rs 312 cr as bad loans fall
State-owned UCO Bank on Friday posted an over three-fold jump in net profit at Rs 312.18 crore for the quarter ended March 2022 as a fall in bad loans lowered the provisioning requirement. The lender had posted a net profit of Rs 80 crore in the corresponding quarter a year ago. Total income during the [...]
DB Corp Q4 Results: Consolidated net profit down 60%, Dividend recommended
Media house DB Corp on Friday reported a 60.39 per cent decline in consolidated net profit at Rs 24.52 crore for the fourth quarter ended March 2022. The company had clocked a net profit of Rs 61.91 crore in the January-March period a year ago, DB Corp said in a regulatory filing. However, revenue from [...]
Bank of Baroda Q4 Results: Net profit at Rs 1,779 cr
State-owned Bank of Baroda on Friday reported a net profit of Rs 1,779 crore in the quarter ended March 2022. The bank had posted a net loss of Rs 1,047 crore in the same quarter of FY 2020-21. The total income during January-March period of 2021-22, was down at Rs 20,695.90 crore, as against Rs [...]
RattanIndia Power reports Rs 306 cr loss in March quarter
RattanIndia Power on Friday reported a loss of Rs 306.39 crore for the quarter ended March mainly due to lower revenues. The consolidated net profit of the company was at Rs 39.28 crore in the year-ago period, according to a BSE filing. Total income during the quarter came down to Rs 1,032.75 crore from Rs [...]
Welspun Enterprises Q4 Results: Consolidated net profit jumps over 58%
Welspun Enterprises Ltd on Friday said its consolidated net profit jumped over 58 per cent to Rs 65 crore for the quarter ended March 31, on account of reduced expenses. In the year-ago period, the company had clocked Rs 40.94-crore net profit, Welspun Enterprises Ltd (WEL) said in a statement. However, its total income during [...]
Union Bank of India Q4 Results: Consolidated net profit rises 23% helped by stake-sale in life arm
State-owned Union Bank of India on Friday reported 22.68 per cent jump in consolidated net profit at Rs 1,557.09 crore for March quarter 2021-22 helped by a Rs 627 crore gain through a stake-sale in its insurance arm and benefits through low cost of deposits. On a standalone basis, the lender reported 8.26 per cent [...]
Emami Q4 Results: Consolidated net profit at Rs 354 cr on hefty MAT credit
FMCG major Emami Ltd on Friday reported a multi-fold rise in consolidated net profit during the March quarter at Rs 354 crore against Rs 87.7 crore a year ago, boosted by a minimum alternate tax (MAT) credit of Rs 288 crore during the period. Revenue for the quarter under review was Rs 770 crore, a [...]
Escorts Q4 Results: Consolidated net profit drops 28% to Rs 190 cr
Farm machinery and construction equipment major Escorts Ltd on Friday reported a 28.42 per cent decline in consolidated net profit at Rs 189.98 crore in the fourth quarter ended March 2022, impacted by lower sales. The company had posted a consolidated net profit of Rs 265.41 crore in the same quarter of the previous fiscal, [...]
Bandhan Bank Q4 Results: Net profit jumps multi-fold to Rs 1,902 cr
Private sector Bandhan Bank on Friday reported a multi-fold jump in its net profit at Rs 1,902.30 crore in the quarter ended March 2022. The bank had posted a net profit of Rs 103 crore in the year-ago quarter. Total income of the bank in Q4FY22 rose by 43 per cent to Rs 3,504.2 crore, [...]
SBI Q4 Results: Standalone net profit jumps 41% to Rs 9,114 cr on fall in bad loans
The country's largest lender SBI on Friday reported a 41 per cent surge in standalone net profit at Rs 9,114 crore for the fourth quarter ended March 2022, helped by decline in bad loans. State Bank of India (SBI) had registered a profit of Rs 6,451 crore during January-March period of 2020-21, the lender said [...]
L&T bags order from Rajasthan govt
Larsen & Toubro (L&T) on Friday said it has bagged a significant order from the Rajasthan government for executing a parallel carrier system to the Rajiv Gandhi Lined Canal. According to L&T's project classification, the value of the order falls between Rs 1,000-2,500 crore. The project will serve the water demands of districts of Jodhpur, [...]
Union Bank of India Q4 Results: Standalone net profit up 8% at Rs 1,440 cr
Union Bank of India on Friday reported over 8 per cent rise in standalone net profit at Rs 1,440 crore for the quarter ended March 2022. The lender had logged a net profit of Rs 1,330 crore in the same quarter of previous fiscal year. Total income rose to Rs 20,417.44 crore during January-March 2021-22 [...]
Poonawalla Fincorp Limited Records Consolidated PAT of Rs 375 Cr in FY22
AUM up 17% | Net NPA down to 1.1% | NIM increases to 8.9% Pune, Maharashtra, India – Business Wire India The Board of Directors (Board) of Poonawalla Fincorp Limited (PFL), a non-deposit taking systemically important NBFC focusing on consumer and small business finance, today announced its audited results for the year ended Mar 31, [...]
JK Bank Q4 Results: Net profit declines to Rs 112 cr
Jammu and Kashmir Bank on Thursday reported a net profit of Rs 112.20 crore for the January-March quarter of FY2022 against Rs 315.75 crore in the year-ago quarter. Total income of the bank rose to Rs 2,209.40 crore in the fourth quarter from Rs 2,108.01 crore in the year-ago period, according to a regulatory filing. [...]
L&T Q4 Results: Consolidated net profit rises 10% to Rs 3,621 cr
Larsen & Toubro on Thursday reported a 10 per cent growth in its consolidated net profit at Rs 3,620.69 crore for the quarter ended March, 2022. The company had posted a consolidated net profit of Rs 3,292.81 crore in the year-ago period, Larsen & Toubro (L&T) said. The consolidated income during the quarter under review [...]
Tata Motors expects capex to increase to up to Rs 6,000 cr in FY23
Tata Motors expects its capex to increase to up to Rs 6,000 crore in the ongoing fiscal to support various programmes across its commercial, passenger and electric vehicles verticals, Group CFO P B Balaji said on Thursday. While the company has committed investments for its businesses to get well funded and the transition to the [...]
Aditya Birla Capital Q4 Results: Profit after tax rises 20%
NAditya Birla Capital on Thursday reported a rise of 20 per cent in its consolidated profit after tax at Rs 450 crore in quarter ended March 2022. The consolidated revenue of the company for Q4 FY22 grew 18 per cent from a year ago to Rs 6,962 crore, Aditya Birla Capital (ABCL) said in a [...]
Tube Investments Q4 Results: Standalone PAT at Rs 136.36 crore
Tube Investments of India on Thursday reported a standalone profit after tax (PAT) of Rs 136.36 crore for the quarter ending March 31, 2022. The city-based Murugappa Group company clocked Rs 129.12 crore as standalone net during the corresponding quarter last year. For the year ending March 31, 2022 standalone PAT surged to Rs 475.17 [...]
Siemens Q4 Results: Consolidated net profit rises 2.5%
Siemens on Thursday posted a 2.5 per cent rise in its consolidated net profit at Rs 340 crore in the quarter ended March 2022. In the year-ago quarter, the consolidated net profit of the company was Rs 331.5 crore, Siemens said in a BSE filing. Total income in the quarter under review rose to Rs [...]
Ujjivan Small Finance Bank Q4 Results: Net profit falls 7% to Rs 126.5 crore
Ujjivan Small Finance Bank (SFB) on Thursday reported a 7 per cent decline in its net profit to Rs 126.5 crore for the last quarter of the fiscal ended in March 2022. The bank had posted a net profit of Rs 136 crore in the same quarter of the preceding fiscal year 2020-21. Total income [...]
HCC Q4 Results: Consolidated net profit drops 80% to Rs 30.88 cr
Hindustan Construction Company (HCC) on Thursday reported an 80.36 per cent decline in consolidated net profit at Rs 30.88 crore for the quarter ended March 31, 2022. The company had clocked a profit of Rs 157.28 crore in the year-ago period, it said in a BSE filing. Total income during the quarter under review stood [...]
Tata Motors Q4 Results: Consolidated net loss narrows to Rs 992.05 cr
Homegrown auto major Tata Motors on Thursday reported narrowing of consolidated net loss to Rs 992.05 crore in the fourth quarter ended March 2022. The company had posted a consolidated net loss of Rs 7,585.34 crore in the same period last fiscal, Tata Motors said in a regulatory filing. Total consolidated revenue from operations stood [...]
NEWSALERT
Tata Motors Q4 consolidated net loss at Rs 992.05 cr; total revenue from operations at Rs 7,585.34 cr: Company filing. PTI RKL ABM ABM
India witnesses its first largest long-term Operator Deal between WeWork India and Bhutani Group for Alphathum, Noida
• The deal signifies a watershed moment for the flex space industry and is WeWork's largest, long-term expansion deal to date • It is an Operator Deal, where the entire building P&L will be owned by Bhutani Group along with fitout investments • Located in Noida, Alphathum is spread across 6,60,000+ square feet with over [...]
Xtracover aims about three-fold increase in revenue to Rs 275 cr this fiscal
Online after-sales services company Xtracover on Thursday said that it aims to increase revenue by about three-fold to Rs 275 crore in the current financial year. Betting on the sale of refurbished smartphones and electronic devices, Xtracover founder and CEO Soumitra Gupta told PTI that it has clocked a revenue of over Rs 100 crore [...]
Coforge Q4 Results: Cosolidated Net profit jumps 56% to Rs 208 cr
IT company Coforge on Thursday reported 56.16 per cent jump in consolidated net profit at Rs 207.7 crore for the fourth quarter ended March 31, 2022. The company had logged a profit of Rs 133 crore in the same period a year ago. Revenue from operations during the quarter increased to Rs 1,742.9 crore from [...]
PNB shares tumble over 11% after Q4 earnings
Shares of Punjab National Bank (PNB) on Thursday tumbled over 11 per cent after the company reported a 66 per cent decline in standalone net profit for the quarter ended March 2022. The stock tanked 11.17 per cent to its 52-week low of Rs 29.40 on the BSE and NSE. State-owned Punjab National Bank on [...]
KPTL, subsidiaries bag orders worth Rs 4,474 cr
Kalpataru Power Transmission Ltd (KPTL) and its subsidiaries have bagged new orders worth Rs 4,474 crore. Kalpataru Power Transmission -- a leading global EPC (engineering, procurement and construction) player in the power and infrastructure contracting sector -- and its subsidiaries have secured new orders/ notification of awards of Rs 4,474 crore at the consolidated level, [...]
PNB Q4 Results: Standalone net drops 66% to Rs 202 crore
Public sector lender Punjab National Bank on Wednesday reported a 66 per cent decline in its standalone net profit at Rs 202 crore for the quarter ended March 2022 due to higher amount parked towards provisioning, even as bad loans declined. The bank had posted a net profit of Rs 586 crore in the same [...]
Indian Bank Q4 Results: Profit after tax declines 42% to Rs 984 crore
Public sector lender Indian Bank on Wednesday reported a 42 per cent dip in its standalone net profit at Rs 984 crore in the quarter ended March 2022, after it changed the deferred tax asset calculation from annual to quarterly basis. In the year-ago quarter, the bank's standalone net profit stood at Rs 1,709 crore [...]
BSE Q4 Results: Net profit climbs two-fold to Rs 71.52 cr
Leading stock exchange BSE on Wednesday reported an over two-fold jump in net profit to Rs 71.52 crore for the three months to March 2022. In comparison, the exchange had posted a net profit of Rs 31.75 crore in the same quarter of the preceding fiscal, BSE said in a regulatory filing to the NSE. [...]
Kalyan Jewellers Q4 Results: Consolidated PAT down 2.47% at Rs 72.04 cr
Jewellery retailer Kalyan Jewellers on Wednesday reported a 2.47 per cent decline in consolidated profit after tax (PAT) during the quarter ended March 31, at Rs 72.04 crore. The company's PAT stood at Rs 73.87 crore during the corresponding quarter of 2020-21, Kalyan Jewellers said in a regulatory filing. Consolidated revenue from operations of the [...]
Relaxo Footwears Q4 Results: Net profit falls 38% to Rs 63 crore
Relaxo Footwears Ltd on Wednesday reported a decline of 38.40 per cent in its net profit at Rs 62.93 crore for the fourth quarter ended March 2022. It had posted a net profit of Rs 102.17 crore in the January-March quarter of the preceding fiscal, Relaxo Footwears said in a regulatory filing. Its revenue from [...]
VIL Q4 Results: losses narrow to Rs 6,563 cr
Telecom operator Vodafone Idea on Tuesday reported narrowing of its consolidated losses to Rs 6,563.1 crore for the fourth quarter ended March compared to same period of the previous year, while its realisation per user or ARPU improved sharply on a sequential basis. The losses were at Rs 7,022.8 crore in the year-ago period, according [...]
Ajanta Pharma Q4 Results: Consolidated profit after tax falls 5% to Rs 151 cr
Ajanta Pharma on Tuesday said its consolidated profit after tax declined by 5 per cent to Rs 151 crore for the fourth quarter ended March 2022. The drug firm had reported a consolidated PAT (Profit After Tax) of Rs 159 crore in the January-March quarter of 2020-21 fiscal. Revenue from operations rose to Rs 870 [...]
Orient Electric Q4 Results: Net profit falls 22% to Rs 49 cr
Orient Electric on Tuesday reported 22.16 per cent decline in net profit at Rs 48.78 crore for the fourth quarter ended March 31, 2022. The CK Birla group firm had posted a net profit of Rs 62.67 crore for the year-ago period, Orient Electric said in a regulatory filing. Revenue from operations was down at [...]
Wardwizard Innovations & Mobility Q4 Results: PAT rises over four-fold to Rs 3.28 cr
Electric vehicle maker Wardwizard Innovations & Mobility has reported an over four-fold increase in its Profit After Tax (PAT) at Rs 3.28 crore for the quarter ended March, according to a company statement. The Vadodara-based firm had posted a PAT of Rs 69.26 lakh in Q4FY21. The company said its income rose by 347 per [...]
Polycab India Q4 Results: Net profit rises 20% to Rs 325 cr YoY
Wires and cables manufacturer Polycab India on Tuesday reported a 20 per cent year-on-year rise in net profit to Rs 325.33 crore for the fourth quarter ending March 31. The company's net profit was Rs 271.06 crore in the year-ago quarter, Polycab India said in a BSE filing. Revenue from operations during the quarter under [...]
Reliance Nippon Life Q4 Results: Net Income rises Rs 65 cr for FY22
Reliance Nippon Life Insurance on Tuesday reported a 30 per cent rise in net income at Rs 65 crore for FY22, as its premium income increased 6.3 per cent. While total premium collection rose to Rs 5,037 crore year-on-year, new premium collection rose 13 per cent to Rs 1,282 crore for the year, the company, [...]
TD Power Systems Q4 Results: Consolidated net profit jumps to Rs 25 cr
TD Power Systems on Tuesday posted over 60 per cent rise in consolidated net profit at Rs 24.66 crore for March quarter 2021-22 mainly on the back of higher revenue. Consolidated net profit in the year-ago period was Rs 15.37 crore, a BSE filing said. Total income in the quarter under review rose to Rs [...]
Chalet Hotels Q4 Results: Consolidated net loss narrows to Rs 11.45 crore
Chalet Hotels Ltd on Tuesday reported a narrowing of consolidated net loss at Rs 11.45 crore for the fourth quarter ended March 2022. The company had posted a consolidated net loss of Rs 25.98 crore in the same quarter of the preceding fiscal, Chalet Hotels Ltd said in a regulatory filing. Consolidated revenue from operations [...]
Asian Paints Q4 Results: Consolidated net profit remains constant, Revenue up 20% YoY
Asian Paints on Tuesday reported a marginal increase in consolidated net profit at Rs 874.05 crore for the fourth quarter ended March 31, 2022. The company had logged a net profit of Rs 869.89 crore in the year-ago period, Asian Paints said in a regulatory filing. Revenue from operations was up 20.60 per cent to [...]
CMS Infor Systems eyes 70% top line growth by FY25
Cash management company CMS Info Systems on Tuesday said it is eyeing for a nearly 70 per cent growth in its top line in the next three years as the use of cash continues in the country's economy. The company had set a target to grow at a compounded annual rate of 18 per cent [...]
JSW Steel crude steel output rises 22% in April
JSW Steel on Tuesday said its crude steel production increased 22 per cent to 16.67 lakh tonne in April 2022. Crude steel production in April 2021 stood at 13.71 lakh tonne, JSW Steel said in a statement. "JSW Steel reported crude steel production for the month of April 2022 at 16.67 lakh tonne, that grew [...]
MRF Q4 Results: Consolidated profit falls 50.26%, Revenue up 10% YoY
Tyre major MRF Ltd on Tuesday reported a 50.26 per cent decline in consolidated profit from continuing operations to Rs 165.21 crore for the fourth quarter ended March 2022, hit by higher expenses, especially raw materials. The company had posted a consolidated profit from continuing operations at Rs 332.15 crore in the same period of [...]
Dalmia Bharat Q4 Results: Consolidated net profit down 6% to Rs 600 cr
Cement maker Dalmia Bharat has reported 6.10 per cent decline in consolidated net profit at Rs 600 crore for the fourth quarter ended March 2022. It had clocked a net profit of Rs 639 crore in the year-ago period, Dalmia Bharat said in a regulatory filing. However, revenue from operations was up 7.26 per cent [...]
Cosmo Films Q4 Results: Consolidated Net profit up 45% to Rs 108 cr
Cosmo Films has reported an increase of 45.30 per cent in consolidated net profit at Rs 108.18 crore for the fourth quarter ended March 2022, helped by higher sales and better-operating margins. The company had posted a consolidated net profit of Rs 74.45 crore for the January-March period a year ago, Cosmo Films said in [...]
Godrej Agrovet Q4 Results: Consolidated Profit jumps 120%
Godrej Agrovet on Monday reported a rise of 120.59 per cent in its consolidated profit at Rs 139.81 crore during the quarter ended March 2022 compared to the same period of the preceding financial year. The company's profit stood at Rs 63.38 crore during the corresponding period of the previous fiscal, Godrej Agrovet said in [...]
Infibeam Avenues Q4 Results: Consolidated net profit dips 11% to Rs 28 cr
Infibeam Avenues on Monday reported an 11 per cent drop year-on-year in its consolidated net profit to Rs 28 crore for the fourth quarter ended March 2022. However, the company's gross revenue rose 84 per cent year-on-year to Rs 369 crore in the just-ended quarter. On a sequential basis, the consolidated net profit was 17 [...]
PVR net loss narrows to Rs 105 crore in Q4; revenue rises three-fold
Multiplex chain operator PVR Ltd on Monday reported narrowing of its consolidated net loss to Rs 105.49 crore during the fourth quarter ended in March 2022. The company had posted a net loss of Rs 289.21 crore in the January-March quarter a year ago, PVR said in a BSE filing. Its revenue from operations rose [...]
BLS International Q4 Results: Profit after tax up 53% at Rs 35.2 cr
BLS International on Monday reported a 53 per cent growth in profit after tax (PAT) to Rs 35.2 crore for the quarter ended in March 2022 compared to the year-ago period. The company's PAT stood at Rs 23 crore during the corresponding quarter of 2020-21, BLS International said in a statement. Operational revenue grew by [...]
Suven Pharma Q4 Results: Consolidated profit after tax up 11% to Rs 92 cr
Suven Pharmaceuticals on Monday said its consolidated profit after tax has increased by 11 per cent to Rs 92 crore for the fourth quarter ended March. The company had reported a profit after tax (PAT) of Rs 83 crore in the January-March quarter of 2020-21 fiscal. Revenue from operations rose to Rs 364 crore in [...]
UPL Q4 Results: Net Profit up 29% at Rs 1,379 cr
Agro-chemicals major UPL on Monday reported a 29 per cent growth in net profit at Rs 1,379 crore for the quarter ended March. The company's net profit stood at Rs 1,065 crore in the corresponding quarter of the previous financial year, UPL said in a statement. Revenue grew by 24 per cent to Rs 15,860 [...]
PVR reports Q4 Results: Consolidated net loss of Rs 105.49 cr, revenue at Rs 537.14 cr
Leading multiplex chain operator PVR Ltd on Monday reported narrowing of its consolidated net loss to Rs 105.49 crore for the fourth quarter ended in March 2022. The company had posted a net loss of Rs 289.21 crore in the January-March quarter a year ago, PVR said in a BSE filing. Its revenue from operations [...]
Central Bank of India Q4 Results: Standalone net profit at Rs 310 cr; FY22 net profit at Rs 1,045 cr
State-owned Central Bank of India on Monday reported a standalone net profit of Rs 310 crore in quarter ended March 2022, on the back of less provisioning for bad loans. The lender had posted a net loss of Rs 1,349 crore in the same quarter a year-ago. Total income during Q4 of FY22 rose to [...]
L&T bags order from Jharkhand government
Engineering major Larsen & Toubro (L&T) on Monday said it has bagged a significant project from Jharkhand government for irrigation. The project envisages to provide water to irrigate 22,283 hectare of Culturable Command Area (CCA) in Dumka district of Jharkhand by way of pumping water from the Sidheshwari river. The scope includes survey, design, and [...]
Ruchira Green Earth eyes Rs 500 cr revenue by 2025
Lithium-ion batteries maker Ruchira Green Earth on Monday said it is eyeing Rs 500-crore revenue by 2025, driven by pent-up demand for such batteries in the fast growing domestic EV space. The company also said it is looking to tap into battery swapping and replacement markets apart from large Energy Storage System (ESS) applications in [...]
MG Motor India crosses 1 lakh cumulative sales mark since launch
MG Motor India on Monday said it has crossed 1 lakh cumulative sales milestones in the country since the launch of its first vehicle nearly three years ago. The company, which started selling its vehicles in India with the launch of Hector SUV in June 2019, currently has a portfolio including the electric SUV, ZS [...]
Shanthi Gears reports 29.72% jump in Q4 net at Rs 12.22 cr
Chennai, May 8 (PTI) Gear and gear products manufacturer Shanthi Gears Ltd has reported a 29.72 per cent rise in its profit for the quarter ending March 31, 2022 at Rs 12.22 crore, the company said on Sunday. The Tamil Nadu-based company and a group firm of diversified conglomerate Murugappa Group had registered net profits [...]
DCB Bank Q4 net profit jumps to Rs 113 cr
New Delhi, May 7 (PTI) Private sector lender DCB Bank on Saturday posted a 44.87 per cent rise in its net profit at Rs 113 crore for the quarter ended March 2022. The bank had registered a net profit of Rs 78 crore in the same quarter a year ago. Total income in the March [...]
Go Fashion Q4 net up 73 pc to Rs 12 cr; sales up 29 pc to Rs 116 cr
New Delhi, May 7 (PTI) Go Fashion (India) Ltd, on Saturday reported a 72.75 increase in its net profit at Rs 12.30 crore for the fourth quarter ended March 2022, helped by increased cost efficiencies. The company, which retails women's bottom-wear under the brand "Go Colors", had posted a net profit of Rs 7.12 crore [...]
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