LIC Q1 ‘24 results: Company Reports a Staggering 14x Increase in Net Profits
Life Insurance Corporation of India (LIC) on Thursday reported a multifold jump in its April-June quarter net profit to Rs 9,544 crore. The state-run life insurance behemoth had a net profit of Rs 683 crore in the year-ago period. The total income increased to Rs 1,88,749 crore for the June quarter as against Rs 1,68,881 [...]
Torrent Power Q1 ‘24 Result: Company Reports 6% Increase in Net Profit
Torrent Power on Thursday posted over six% year-on-year rise in consolidated net profit at Rs 532.28 crore in the June quarter, mainly on the back of higher revenues. The company had reported consolidated net profit of Rs 502.01 crore a year ago, a regulatory filing said. Total income of the company rose to Rs 7,413.32 [...]
Grasim Industries Q1 ‘24 Result: Company Reports 7% Decline in Net Profit
Aditya Birla Group firm Grasim Industries on Thursday reported a decline of 6.61 per cent in consolidated net profit at Rs 2,576.35 crore for the June quarter, impacted by softening of realisations in domestic business and its subsidiary UltraTech Cement. The company had posted a net profit of Rs 2,758.75 crore during the April-June quarter [...]
Hinduja Global Services Q1 ‘24 results: Company Reports 6% decrease in Net Profits
Hinduja Global Solutions' net profit more than halved to Rs 16.63 crore in just ended June quarter, compared to the year-ago period, hurt by reduction in other income. The total income stood at Rs 1,247.6 crore during the first quarter ended June 2023, compared to Rs 1,321.33 crore in the same period of the previous [...]
Ola Cabs Q1 ‘24 Results: Company Reports 132% Increase in Net Loss
Ride-hailing company Ani Technologies Pvt Ltd, popularly known as Ola Cabs, saw its loss widening to Rs 3,082 crore in 2021-22, according to financial data accessed by business intelligence platform Tofler. The company's losses have more than doubled on a year-over-year basis, the data showed. "Ani Technologies Pvt Ltd, an online transportation network company (popularly [...]
NIIT Learning Systems Q1 ‘24 Results: Company Reports Net Profit Flat YoY at 55 crore
NIIT Learning Systems on Thursday reported a consolidated net profit of Rs 55.17 crore for the first quarter ended June 30, 2023. NLSL had posted profit after tax (PAT) of Rs 55.2 crore in the same period a year ago, the company said in a regulatory filing. The revenue from operations grew 22 per cent [...]
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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 [...]
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 [...]
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 [...]
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 [...]
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, [...]
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, [...]
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 [...]
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 [...]
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 [...]
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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
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
Go Fashion clocks 73.2% rise in PAT during Q4
Chennai, May 7 (PTI) Go Fashion (India) Ltd which owns the popular women's wear brand 'Go Colors' has recorded a 73.2 per cent jump in its profit after tax (PAT) for the quarter ending March 31, 2022. The company reaped Rs 12.3 crore. The city-based company registered a PAT of Rs 7.1 crore during the [...]
Reliance Retail Q4 pre-tax profit rises to Rs 3,705 crore; FY22 gross revenue touches nearly Rs 2 lakh crore
New Delhi, May 6 (PTI) Reliance Retail Ltd on Friday posted a 2.43 per cent rise in pre-tax profit at Rs 3,705 crore for the fourth quarter ended March 2022 and its gross revenue for the full fiscal jumped to nearly Rs 2 lakh crore. The retail arm of Reliance Industries Ltd (RIL) saw its [...]
Reliance Jio Q4 net profit jumps 24% to Rs 4,173 cr amid ARPU improvement
New Delhi, May 6 (PTI) India's largest telecom operator Reliance Jio on Friday posted an about 24 per cent jump in standalone net profit at Rs 4,173 crore for the fourth quarter ended March 2022, amid better realisation per user aided by tariff hike, better subscriber mix and FTTH services ramp-up. The standalone revenue from [...]
Reliance Jio Q4 net profit jumps 24% to Rs 4,173 cr amid ARPU improvement
New Delhi, May 6 (PTI) India's largest telecom operator Reliance Jio on Friday posted about a 24 per cent jump in standalone net profit to Rs 4,173 crore for the fourth quarter ended March 2022, amid better realisation per user aided by tariff hike, better subscriber mix and FTTH services ramp-up.The standalone revenue from operations [...]
Reliance Retail Q4 pre-tax profit rises to Rs 3,705 crore
New Delhi, May 6 (PTI) Reliance Retail Ltd on Friday reported a 2.43 per cent increase in pre-tax profit to Rs 3,705 crore for the fourth quarter ended March 2022. The company's gross revenue stood at around Rs 1,99,704 crore in the last fiscal. The retail arm of Reliance Industries Ltd (RIL) had posted a [...]
Reliance Q4 net up 22.5 pc; 1st Indian co to cross USD 100 bn annual revenue
New Delhi, May 6 (PTI) Billionaire Mukesh Ambani's Reliance Industries Ltd on Friday reported a 22.5 per cent rise in net profit for the quarter ended March on the back of bumper oil refining margins, steady growth in telecom and digital services and strong momentum in the retail business. The oil-to-retail-to-telecom conglomerate's consolidated net profit [...]
Reliance Q4 Results: Net earnings rise 22.5%; 1st Indian co to hit USD 100 bn revenue
Billionaire Mukesh Ambani's Reliance Industries Ltd on Friday reported a 22.5 per cent rise in earnings for the quarter ended March on the back of bumper oil refining margins, steady growth in telecom and digital services and strong momentum in retail business. The oil-to-retail-to-telecom conglomerate's consolidated net profit rose to Rs 16,203 crore in the [...]
Reliance Home Fin Q4 Results: Net loss balloons to Rs 4,522 cr
Debt-laden Reliance Home Finance (RHFL) on Friday reported ballooning of its net loss to Rs 4,522.19 crore for the quarter ended March 2022. It had posted a net loss of Rs 444.62 crore in the same period a year ago. Total income during January-March quarter of 2021-22 fell to Rs 16.35 crore as against Rs [...]
Bajaj Consumer Care Q4 net profit falls 34.5 pc to Rs 35.82 cr
New Delhi, May 6 (PTI) FMCG firm Bajaj Consumer Care Ltd on Friday reported 34.47 per cent decline in its consolidated net profit to Rs 35.82 crore for the fourth quarter ended March 2022. The company had reported a net profit of Rs 54.67 crore in the January-March quarter a year ago, Bajaj Consumer Care, [...]
Bajaj Consumer Care Q4 net profit falls 34.5 pc to Rs 35.82 cr
New Delhi, May 6 (PTI) FMCG firm Bajaj Consumer Care Ltd on Friday reported 34.47 per cent decline in its consolidated net profit to Rs 35.82 crore for the fourth quarter ended March 2022. The company had reported a net profit of Rs 54.67 crore in the January-March quarter a year ago, Bajaj Consumer Care, [...]
Tata Power Q4 Results: Consolidated net profit rises over 31%
Tata Power has reported an over 31 per cent rise in its consolidated net profit to Rs 632.37 crore in the March 2022 quarter, mainly on the back of higher revenues. Its consolidated net profit was Rs 481.21 crore in the year-ago quarter, according to a statement. "Consolidated PAT before Exceptional Items up by 76 [...]
Reliance Jio Q4 Results: Standalone profit after tax up 24%
Reliance Jio on Friday posted an about 24 per cent increase in standalone profit after tax to Rs 4,173 crore for the quarter ended March 2022. The company had registered a profit after tax (PAT) of Rs 3,360 crore in the same period a year ago, the company said in a filing. The standalone revenue [...]
GE Shipping March-qtr net jumps over three-fold to Rs 189 cr
Great Eastern Shipping (GE Shipping) on Friday reported a 285.71 per cent jump in consolidated net profit to Rs 189 crore for the quarter ended March. The company had posted a net profit of Rs 49 crore in the year-ago period, GE Shipping said in a BSE filing. Total revenue during the January-March quarter increased [...]
Intellect Design Arena reports 28.11% rise in Q4 top-line
Chennai, May 6 (PTI): Intellect Design Arena Ltd, a cloud native, multi-product financial technology company, has recorded a 28.11 per cent rise on its revenue for the quarter ending March 31,2022 at Rs 5,094 million, the company said on Friday. The city-based company had recorded total revenue at Rs 3,976 million during corresponding period previous [...]
Happiest Minds Tech Q4 Results: Net income up 45% to Rs 52 cr amid high attrition
IT company Happiest Minds Technologies has reported 44.5 per cent rise in net income at Rs 52 crore for March quarter, on a 39 per cent growth in revenue amid record high attrition that has almost doubled over the previous fiscal year. During the quarter, the mid-sized software firm said, its revenue rose to Rs [...]
SJVN bags contract for 30 MW wind-solar hybrid project worth Rs 195 cr
New Delhi, May 6 (PTI) Government-owned SJVN on Friday said it won a contract worth Rs 195 crore for setting up of its maiden wind-solar hybrid project with 30 MW generation capacity. "Company has bagged its first ever 30 MW wind-solar hybrid project through a tender floated by Solar Energy Corporation of India Ltd (SECI)," [...]
Federal Bank Q4 Results: Standalone net profit rises 13% to Rs 541 cr
Private sector lender Federal Bank on Friday reported a 13.2 per cent rise in its standalone net profit to Rs 541 crore in the March 2022 quarter. The bank had posted a net profit of Rs 478 crore in the same quarter previous fiscal. The total income during the January-March quarter of 2021-22 increased to [...]
Canara Bank Q4 Results: Standalone net profit jumps 65%
State-run lender Canara Bank on Friday reported a 64.90 per cent jump in its March quarter net at Rs 1,666 crore on the back of a rise in core interest income and a decrease in money set aside for bad debts. The Bengaluru-headquartered bank closed FY22 with a net profit of Rs 5,678 crore, which [...]
Adani Transmission Q4 Results: Consolidated net profit falls 7.6% to Rs 237 cr
Adani Transmission on Thursday reported a decline of 7.6 per cent in its consolidated net profit to Rs 237 crore in the March quarter. The consolidated net profit of the company was Rs 256.55 crore in the quarter that ended on March 2021, according to a company statement. Total income rose to Rs 3,165.35 crore [...]
DCM Shriram Q4 Results: Consolidated profit after tax up 73%
DCM Shriram on Thursday reported a 73.49 per cent growth in its consolidated profit after tax at Rs 401.19 crore for the quarter ended March. The company's profit after tax (PAT) stood at Rs 231.24 crore during the corresponding period of 2020-21, DCM Shriram said in a BSE filing. Total revenue from operations of the [...]
Blue Dart Express Q4 Results: Consolidated net profit up 52%; revenue rises 20%
Logistics services provider Blue Dart Express Ltd on Thursday reported an increase of 52.18 per cent in its consolidated net profit at Rs 136.97 crore for the fourth quarter ended March 2022. The company had posted a net profit of Rs 90 crore in the January-March quarter a year ago, Blue Dart Express said in [...]
TVS Motor Q4 Results: Consolidated net profit declines 14%
TVS Motor Company on Thursday said its consolidated net profit declined by 14 per cent to Rs 275 crore for the fourth quarter ended March 2022, due to low sales. The company had posted a consolidated net profit of Rs 319 crore in the March quarter of 2020-21 fiscal. Revenue from operations, however, rose to [...]
Blue Star Q4 Results: Net profit up 12%; sales rise 40% to Rs 2,248 cr
Air-conditioning and commercial refrigeration firm Blue Star Ltd on Thursday reported a 12.01 per cent increase in net profit at Rs 76.27 crore for the fourth quarter ended March 2022, led by good demand amid early onset of summers this season. The company had posted a consolidated net profit of Rs 68.09 crore in the [...]
Marico Q4 net profit rises 13.2 pc to Rs 257 cr; revenue up 7.4 pc at Rs 2,161 cr
New Delhi, May 5 (PTI) FMCG firm Marico Ltd on Thursday reported a 13.21 per cent rise in consolidated net profit to Rs 257 crore for the fourth quarter ended March 2022.The company had posted a net profit of Rs 227 crore in the year-ago period, Marico said in a BSE filing.Its revenue from operations [...]
Jindal Stainless Hisar Q4 Results: Consolidated net profit grows 64%
Jindal Stainless Hisar Ltd (JSHL) on Thursday reported 64 per cent jump in consolidated net profit at Rs 574.70 crore for the quarter ended March 31, 2022, mainly on account of increased income. The company's net profit stood at Rs 350.65 crore in January-March 2020-21, JSHL said in a BSE filing. Total income during the [...]
Adani Power Q4 Results: Consolidated net profit jumps multi-fold to 35,276% YoY
Adani Power's consolidated net profit jumped multi-fold to Rs 4,645.47 crore in the March quarter from Rs 13.13 crore in the year-ago period, mainly on the back of higher revenues. Total income of the company surged 93 per cent to Rs 13,308 crore in the March quarter, from Rs 6,902 crore in the same period [...]
Borosil Renewables Q4 Results: Net profit dips to Rs 46.38 cr
Borosil Renewables' March 2022 quarter net profit fell to Rs 46.38 crore against Rs 66.87 crore in the year-ago period, mainly due to lower revenues. The total income declined to Rs 182.33 crore in the quarter from Rs 196.90 crore a year ago, showed a regulatory filing on Thursday. Its net profit rose to Rs [...]
Exide Q4 Results: Consolidated net profit jumps 1,135% YoY
Battery manufacturer Exide Industries on Thursday reported a consolidated net profit of Rs 3,953 crore for the fourth quarter ended March 2022. The company had posted a net profit of Rs 320 crore in the January-March quarter of 2020-21 fiscal. The battery maker completed the sale of its unit -- Exide Life Insurance Company Ltd [...]
Dabur Q4 Results: Consolidated net profit slips 22%, Turnover reaches 10,000cr
Homegrown FMCG major Dabur India on Thursday reported a 21.98 per cent decline in consolidated net profit to Rs 294.34 crore for the fourth quarter ended March 2022, on account of inflationary headwinds and impairment of goodwill in its international business. In terms of turnover, Dabur has now become a Rs 10,000 crore company, a [...]
Godrej Properties aims to cross Rs 10,000 cr sales bookings in FY’23: Chairman Pirojsha Godrej
New Delhi, May 5 (PTI) Realty firm Godrej Properties is targeting at least 27 per cent growth in its sales bookings this fiscal year to cross Rs 10,000 crore mark as it plans to launch many projects across major cities to encash on "decisive uptrend" in housing demand, a top company official said.In an interview [...]
ABB India’s PAT More Than Doubles to INR 370 Crores Year-on-Year in Q1 CY2022
Solid performance in an uncertain environment Bengaluru, Karnataka, India – Business Wire India Q1 2022 HIGHLIGHTS • Strong growth in orders (26%) and revenue (21%) • Emerging sectors & core sector recovery create momentum • Capacity utilization & operation efficiencies yield traction in profit • Published the first Business Responsibility and Sustainability Report (BRSR) 2021 [...]
Morepen Q4 net drops 55 pc to Rs 12 cr
New Delhi, May 5 (PTI) Drug firm Morepen Laboratories on Thursday said its consolidated net profit declined by 55 per cent to Rs 12 crore for the fourth quarter ended March 2022. The company had reported a net profit of Rs 27 crore in the January-March quarter of 2020-21 fiscal. Total income increased to Rs [...]
Deepak Nitrite Ltd. Crosses Rs. 6,800 crore in Revenue in FY22; Topline Rises 56% Y-o-Y
Editor's Synopsis: FY2022 (Consolidated): • Revenues at Rs. 6,845 crore, up by 56% Y-o-Y • EBITDA at Rs. 1,646 crore, higher by 30% Y-o-Y • PAT, at Rs. 1,067 crore, rises 37% on a Y-o-Y basis • Board of Directors approve final dividend of Rs. 7 per share (350%) • Debt free on basis of [...]
TCPL Q4 net zooms over three-fold to Rs 239 cr; sales up 4.5 pc to Rs 3,175 cr
New Delhi, May 4 (PTI) Tata Consumer Products Ltd (TCPL) on Wednesday reported an over three-fold jump in consolidated net profit at Rs 239.05 crore for the fourth quarter ended March 2022, helped by growth in underlying profitability and lower exceptional costs. The company had posted a net profit of Rs 74.35 crore in the [...]
Havells Q4 profit rises 16% to Rs 352.48 cr, sales up 32.5%
New Delhi, May 4 (PTI) Consumer electrical goods maker Havells India Ltd on Wednesday reported a 16.01 per cent increase in its consolidated net profit to Rs 352.48 crore for the fourth quarter ended in March 2022. The company had posted a consolidated net profit of Rs 303.83 crore in the January-March quarter a year ago, Havells [...]
Kotak Mahindra Bank standalone PAT jumps 65 pc to Rs 2,767 crore
Mumbai, May 4 (PTI) Private sector lender Kotak Mahindra Bank on Wednesday reported a 65 per cent jump in its standalone profit after tax at Rs 2,767 crore in the quarter ended March 2022, helped by higher growth in net interest income and healthy asset quality. The lender had reported a standalone PAT (Profit After [...]
Equitas SFB Q4 net almost flat at Rs 120 cr
New Delhi, May 4 (PTI) Equitas Small Finance Bank (ESAF) on Wednesday reported almost flat growth in its net profit at Rs 120 crore for the quarter ended March 2022. It had posted a net profit of Rs 113 crore in the same quarter a year ago. Total income in Q4 FY22 rose to Rs [...]
Cigniti Tech Q4, FY’22 net profit down 8.3% to Rs 22.6 cr
New Delhi, May 4 (PTI) IT company Cigniti Technologies on Wednesday reported an 8.3 per cent decline in consolidated profit after tax to Rs 22.6 crore in the quarter ended on March 31, 2022, compared to Rs 24.67 crore in the same period a year ago. Cigniti board approved the acquisition of modern technology IT [...]
EIH Ltd Q4 results: Net profit at Rs 15.85 cr; Arjun Singh Oberoi appointed chairman
EIH Limited, which runs the Oberoi chain of hotels and resorts, on Wednesday reported a consolidated net profit of Rs 15.85 crore for the fourth quarter ended March 2022. The company had posted a loss of Rs 48.83 crore in the corresponding period of the previous fiscal. EIH Limited also announced that its long-serving Chairman [...]
Havells Q4 Results: Consolidated net profit up 16%, sales up 32.5%
Consumer electrical goods maker Havells India Ltd on Wednesday reported a 16.01 per cent increase in its consolidated net profit to Rs 352.48 crore for the fourth quarter ended in March 2022. The company had posted a consolidated net profit of Rs 303.83 crore in the January-March quarter a year ago, Havells said in a [...]
Tata Consumer Products Q4 Results: Consolidated net profit rises to Rs 239 cr
Tata Consumer Products Ltd (TCPL) on Wednesday reported an over three-fold jump in consolidated net profit at Rs 239.05 crore for the fourth quarter ended March. The company had posted a net profit of Rs 74.35 crore in the January-March quarter a year ago, said TCPL, earlier known as Tata Global Beverages Ltd, in a [...]
Adani Total Gas Ltd Q4 Results: Net profit falls 47.5%
Adani Total Gas Ltd on Wednesday reported a 47.5 per cent drop in its fourth-quarter net profit after it used expensive imported LNG to meet a spurt in demand for CNG and piped cooking gas. The company posted a net profit of Rs 76 crore in January-March compared with Rs 145 crore in the year-ago [...]
CarTrade Tech reports a 28% Y-O-Y Growth in Revenue and Adjusted PAT of Rs. 64 crores for FY 22
MUMBAI, India, May 4, 2022 /PRNewswire/ -- CarTrade Tech Limited, one of India's largest online auto platforms, announced its financial results for the year ended March 31, 2022, today. The Company reported its highest ever quarterly revenue of Rs. 106 crores in Q4 FY22, and an annual revenue of Rs. 359 crores for FY22. Key [...]
Bombay Dyeing & Manufacturing Co Q4 net loss at Rs 41.74 cr
New Delhi, May 4 (PTI) Bombay Dyeing & Manufacturing Co Ltd on Wednesday said its consolidated net loss has narrowed down to Rs 41.74 crore for the fourth quarter ended March 2022. The company had posted a net loss of Rs 166.74 crore in the January-March period a year ago, Bombay Dyeing & Manufacturing Co [...]
Hero MotoCorp shares decline 3 pc post Q4 earnings
New Delhi, May 4 (PTI) Shares of Hero MotoCorp fell by 3 per cent on Wednesday, a day after the company said its consolidated profit after tax declined by 30 per cent in the fourth quarter ended March 2022. The stock went lower by 3 per cent to settle at Rs 2,411.90 on the BSE. [...]
Adani Green Energy Q4 Results: Consolidated net profit rises over 16%
Adani Green Energy Ltd (AGEL) on Wednesday posted over 16 per cent rise in its consolidated net profit to Rs 121 crore in the March quarter compared to year ago, mainly on the back of higher revenues. The consolidated net profit of the company was Rs 104 crore in the quarter ended on March 31, [...]
Hero MotoCorp Q4 Results: Consolidated profit after tax drops 30%
Hero MotoCorp on Tuesday said its consolidated profit after tax (PAT) declined by 30 per cent to Rs 621 crore for the fourth quarter ended March 2022 on account of lower sales. The country's largest two-wheeler maker had reported a PAT of Rs 885 crore in the January-March quarter of 2020-21 fiscal. Revenue from operations [...]
Adani Enterprises Q4 Net Profit drops marginally by 2% to Rs 326 cr
Adani Enterprises Ltd (AEL) on Tuesday reported a marginal 2 per cent decline in consolidated profit after tax (PAT) to Rs 325.76 crore for the quarter ended on March 31, 2022, on the back of higher expenses. The company had posted a consolidated PAT of Rs 332.53 crore in the year-ago period, Adani Enterprises said [...]
Tata Steel Q4 net jumps 37% to Rs 9,835 cr
Tata Steel on Tuesday posted a 37 per cent jump in consolidated net profit at Rs 9,835.12 crore for the quarter ended March 2022, mainly on account of higher income. The steel major had reported a net profit of Rs 7,161.91 crore in the year-ago quarter, it said in a BSE filing. During January-March 2022, [...]
NEWSALERT
Tata Steel reports Rs 9,835 cr net profit in Q4, up 37 pc from Rs 7,162 cr a year ago. PTI ABI ABI ABM ABM
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As a retail investor, you should look at the variations in PAT which is Profit After Tax, increase or decrease in sales or revenue and compare them to their previous quarter or previous year quarter.