Latest News On Company Results

New Delhi, Jan 20 (PTI) FMCG major Hindustan Unilever Ltd on Thursday reported an 18.68 per cent increase in consolidated net profit to Rs 2,300 crore for the third quarter ended December 2021. The company had posted a net profit of Rs 1,938 crore in the October-December period of the previous fiscal. Revenue from sales during [...]

New Delhi, Jan 20 (PTI) Retirement fund body EPFO added 13.95 lakh subscribers on a net basis in November 2021, an increase of nearly 38 per cent compared to the year-ago period, according to the latest payroll data. The provisional payroll data of EPFO showed that there was an addition of 13.95 lakh net subscribers [...]

Mumbai, Maharashtra, India & New York, United States– Business Wire India WNS (Holdings) Limited (WNS) (NYSE: WNS), a leading provider of global Business Process Management (BPM) solutions, today announced results for the fiscal 2022 third quarter ended December 31, 2021. Highlights – Fiscal 2022 Third Quarter: GAAP Financials Revenue of $284.1 million, up 19.2% from [...]

New Delhi, Jan 20 (PTI) Reliance Industrial Infrastructure Ltd (RIIL) on Thursday reported a 2.7 per cent decline in December quarter net profit even as revenue rose in the pandemic year. Consolidated net profit of Rs 2.33 crore in October-December 2021 is compared with Rs 2.39 crore net profit in the same period a year [...]

Kolkata, Jan 20 (PTI) Coal India subsidiary South Eastern Coalfields Ltd has topped the 100-million tonne production mark in the 2021-22 fiscal and is making all efforts to achieve its ambitious output target of 172 million tonnes by March, a company official said on Thursday.The coal-production figure of SECL stood at 100.19 million tonnes as [...]

New Delhi, Jan 19 (PTI) JSW Ispat Special Products Limited on Wednesday posted a consolidated net loss of Rs 28.24 crore for the December 2021 quarter.It had reported a net profit of Rs 29.49 crore in the year-ago quarter, the company said in a regulatory filing.Its total income, however, increased to Rs 1,476.46 crore during [...]

- Establishes new base for optical business in the US with orders of ~Rs 3 Bn - Establishes new revenue stream of Optical Interconnect with orders worth ~Rs 7 Bn MUMBAI, India, Jan. 19, 2022 /PRNewswire/ -- STL (NSE: STLTECH), an industry leading integrator of digital networks, announced its financial results for the quarter ended [...]

New Delhi, Jan 19 (PTI) Shares of JSW Energy on Wednesday gained nearly 3 per cent after the firm announced an over two-fold rise in its December 2021 quarter profit. It jumped 2.68 per cent to settle at Rs 311.95 on the BSE. During the day, the stock rallied 4.98 per cent to Rs 318.95. [...]

New Delhi, Jan 19 (PTI) Hitachi Energy India on Wednesday said it has bagged orders of over Rs 160 crore to provide key electric components to support the electrification of rail routes in the country."Hitachi Energy India Ltd has won orders exceeding Rs 160 crore for its key electric components to support the electrification of [...]

New Delhi, Jan 18 (PTI) India Post Payments Bank (IPPB) on Tuesday said it has crossed 5-crore customer mark which makes it third largest entity in the segment after Paytm and Airtel Payments Bank. IPPB opened these five crore accounts in digital and paperless mode by leveraging 1.36 lakh post offices, out of which 1.20 [...]

Mumbai, January 18 – Decentralized metaverse vEmpire DDAO on Tuesday reported a stellar performance in 2021 with an annualized profit of over $18.5 million, led by gains in metaverse property, sale of NFTs and staking investments. The year-end report, compiled by vEmpire, discloses its staking strategies carried out across Ethereum, Decentraland, Sandbox, Axie Infinity, and [...]

New Delhi, Jan 17 (PTI) Jewellery retailer Kalyan Jewellers on Monday said it has registered an FIR of theft of silver estimated at Rs 40 lakh at the company's Preet Vihar outlet in New Delhi. Though the incident took place on Saturday, it came to light only on Monday after the staff arrived to open [...]

New Delhi, Jan 17 (PTI) Fitch Ratings has projected Hexaware Technologies' revenues to grow at 12-14 per cent in the next fiscal and said the company has a "positive" credit outlook.The agency has assigned India-based Hexaware Technologies long-term foreign- and local-currency issuer default ratings (IDR) of 'BB-' and said the Outlook is positive.'BB' ratings indicate [...]

New Delhi, Jan 17 (PTI) Ratings agency ICRA on Monday said it is maintaining the domestic demand growth in volumes estimate for the Indian tyre industry at 13-15 per cent for the ongoing fiscal year and 7-9 per cent for the FY22-25 period. While the stable demand from replacement and export segments support industry revenues, earnings [...]

New Delhi, Jan 17 (PTI) Construction firm Capacit'e Infraprojects on Monday said it has bagged a Rs 231-crore work order from Raymond Realty in Mumbai.With the latest order, the company's order book has reached Rs 9,000 crore, the Mumbai-based company said in a statement.The scope of the order includes civil core and shell works at [...]

CHENNAI, India, Jan. 17, 2022 /PRNewswire/ -- South India's largest real estate developer Alliance Group and brand Urbanrise, in its mission to bring quality homes to consumers, has today announced a significant milestone - the successful sale of 2800 units in just 9 months. With over eight projects in Chennai and three projects in Hyderabad, [...]

New Delhi, Jan 17 (PTI) Automaker Kia India on Monday said it has received 7,738 bookings of its upcoming model Carens on the first day of commencing the order process.The company had opened the pre-bookings for the new model on January 14 at an initial booking amount of Rs 25,000.“We are delighted with the overwhelming [...]

Mumbai, Jan 16 (PTI) Sunteck Realty is on a Rs 22,000-crore potential revenue path by launching seven projects in and around the Mumbai metropolitan region over the next five to eight years.These projects are expected to make it one of the largest realtors in terms of the topline.The realty firm has built the first uber [...]

New Delhi, Delhi, India (NewsVoir) India’s top tractor exports brand and country’s leading tractor manufacturer, Sonalika Tractors has always caught hold of the real market pulse and capitalised on hidden market opportunities to ensure the committed plans. Carrying forward the strong momentum built throughout FY’21, Sonalika Tractors has breached past 1 lakh tractor sales mark [...]

Rourkela, Jan 13 (PTI) Rourkela Steel Plant, a unit of SAIL, has supplied 2.9 lakh tonne of special grade steel to a mega lift irrigation project in Telangana, a company statement said on Thursday. Authorities of the Odisha-based plant have been making efforts to fulfil requirements of customised steel products for high-profile infrastructure projects in [...]

New Delhi, Jan 13 (PTI) Vedanta on Thursday said it has procured about 2 billion units of renewable energy through power exchanges for its aluminium smelter located in Jharsuguda, Odisha. Vedanta Aluminium's business has become the largest industrial consumer of renewable energy in 2021, leading renewable energy procurement on India's power exchanges– Indian Energy Exchange [...]

Gurugram, Haryana, India&Munich, Germany – Business Wire India The BMW Group posted solid year-on-year sales growth of 8.4 percent last year, with a total of 2,521,525 BMW, MINI and Rolls-Royce vehicles delivered to customers worldwide. BMW sales reached a new all-time high of 2,213,795 units (+9.1%) last year, with the brand leading the global premium [...]

Mumbai, Jan 12 (PTI) Renewed mobility restrictions arising from localised lockdowns to contain the Omicron variant-led third wave of the pandemic might pare as much 10 per cent off the rental revenue of mall owners during the current financial year as compared with the earlier expectations, according to a report. However, the credit profiles of [...]

New Delhi, Delhi, India (NewsVoir) • Paid 19,922 death claims worth INR 885.57 crores during the Financial Year 2020-211 Max Life Insurance Co. Ltd (“Max Life”/“Company”), today announced that it has paid 19,922 death claims worth INR 885.57 crore during the Financial Year 2020-21, resulting in an individual death claims paid ratio of 99.35% for [...]

New Delhi, Jan 12 (PTI) Mercedes-Benz India on Wednesday said it expects to log in double-digit sales growth this year as compared with 2021 as it plans to roll out 10 new products in the market during the period. The luxury carmaker retailed 11,242 units in 2021, a growth of 42.5 per cent over 7,893 [...]

Kolkata, Jan 12 (PTI) Import of petroleum coke (petcoke), a byproduct of oil refining process, stood at 9.87 lakh tonnes in December 2021, up by 73 per cent over the corresponding month of the previous year as it is becoming price competitive to coal, according to a report. The import of petcoke in December was [...]

New Delhi, Jan 12 (PTI) A consortium led by LTHE, a wholly-owned arm of Larsen & Toubro, has bagged two mega offshore orders from a prestigious overseas client. The engineering and construction company, however, did not provide the exact value of the contract, but specified that as per its classification, a mega project is of [...]

New Delhi, Jan 12 (PTI) Max Life Insurance's death claim settlement stood at over 99 per cent in the financial year 2020-21, in which the company paid claims worth over Rs 885 crore. The company has paid 19,922 death claims worth Rs 885.57 crore during the financial year 2020-21, resulting in an individual death claims [...]

New Delhi, Jan 11 (PTI) Fantasy sports companies, which engage with users online, invested over Rs 3,000 crore last year across various segments, including buying media rights and sponsoring players, a top official of Dream Sports said on Tuesday. During the IAMAI Digital Summit, Dream Sports co-founder and CEO Harsh Jain said the company is [...]

New Delhi, Jan 11 (PTI) State-run SJVN Ltd said it has bagged contracts to set up two grid connected solar power projects of cumulative 125 MW capacity in Uttar Pradesh. The projects will be established in Jalaun and Kanpur Dehat districts of the state. SJVN has bagged the projects through tariff-based competitive bidding process conducted [...]

Mumbai, Jan 11 (PTI) Rupeek, a digital-focused gold loan lender backed by Sequoia and Accel, has said its loan book has nearly doubled from last year and has crossed the Rs 7,500-crore mark in 2021, indicating the financial distress of the public due to the pandemic. The gold loan is more than a fully-secured business [...]

New Delhi, Jan 11 (PTI) Realty major DLF Ltd on Tuesday said it has sold properties worth Rs 1,500 crore in its newly launched housing project at Moti Nagar in the national capital, reflecting strong demand for luxury apartments. On Friday, DLF launched its luxury housing project 'ONE Midtown' comprising 913 units, at Shivaji Marg [...]

New Delhi, Jan 11 (PTI) JSW Steel on Tuesday posted a 28 per cent year-on-year growth in group combined steel production at 5.35 million tonnes (MT) during the quarter ended December 30, 2021.        In a statement, the JSW Group company said it had produced 4.18 MT in the October-December period of the [...]

New Delhi, Jan 10 (PTI) PTC India has bagged a tender worth Rs 9 crore for providing power management services to Mumbai Port Trust for three years. Rajib K Mishra, CMD In-Charge of PTC India, said the company has won the assignment by outbidding other large players operating in this field. Distribution management services is [...]

New Delhi, Jan 10 (PTI) Larsen & Toubro (L&T) on Monday said its construction arm has bagged a significant order from National High Speed Rail Corporation Ltd (NHSRCL). The major scope of work for the project comprises design and construction of civil and building works for a double-line high speed railway of a length of [...]

Mumbai, Jan 10 (PTI) Microfinance lender CreditAccess Grameen on Monday said its consolidated gross loan portfolio (GLP) increased 18.4 per cent to Rs 14,587 crore in December 2021. The lender has announced its business numbers, including of its subsidiary Madura Microfinance (MMFL), for the month of December. These are provisional unaudited numbers, a release said. [...]

New Delhi, Jan 9 (PTI) Deposits in bank accounts opened under the Jan Dhan scheme, launched about seven and half years ago by the government, have crossed the Rs 1.5 lakh crore mark.As per the latest finance ministry data, the total balance in over 44.23 crore Pradhan Mantri Jan Dhan Yojana (PMJDY) accounts was at [...]

New Delhi, Jan 9 (PTI) Agri-tech firm Samunnati on Sunday announced that gross transaction value (GTV) across its financial and agri-market linkage businesses has crossed the Rs 10,000 crore mark within six years of scaled existence.Founded in 2014, Chennai-based Samunnati said out of the total GTV achieved so far, about Rs 6000 crore was lending, [...]

New Delhi, Jan 9 (PTI) German luxury carmaker Audi expects sales in India to grow in double-digit this year amid concerns over the possible impact of the fresh surge in COVID-19 cases on business, according to a senior company official.Audi India -- which has lined up a "few more products" this year, including the SUV [...]