Latest News On Company Results

New Delhi, May 3 (PTI) JSW Energy on Tuesday posted an over eight-fold jump in consolidated net profit to an all-time high of Rs 864 crore in the quarter ended March, mainly on the back of higher revenues. The company had posted a consolidated net profit of Rs 107 crore in the year-ago period, it [...]

Mumbai, May 3 (PTI) Affordable housing finance companies' (AHFCs) loan book is likely to expand by 17-20 per cent in the current financial year, supported by the government's higher focus on housing and a favourable tax regime, says a report. As on December 31, 2021, the total loan book of AHFCs stood at Rs 66,221 [...]

New Delhi, May 3 (PTI) Eris Lifesciences Ltd on Tuesday reported a 17 per cent increase in consolidated net profit at Rs 79.97 crore for the fourth quarter ended March 2022. The company had posted a consolidated net profit of Rs 68.24 crore in the same quarter a year ago, Eris Lifesciences said in a [...]

New Delhi, May 3 (PTI) Godrej Properties on Tuesday reported a consolidated net profit of Rs 260.47 crore for the quarter ended March 2022 on higher income. The company had posted a net loss of Rs 191.57 crore in the year-ago period. Total income increased to Rs 1,522.57 crore during January-March quarter of the last [...]

New Delhi, Delhi, India (NewsVoir) • After achieving new peaks in FY’22, Sonalika Tractors has carried forward the strong momentum and initiated its FY’23 journey with a sturdy performance. • The company has registered its highest ever April month overall sales of 12,328 tractors, powered by best ever April’s domestic performance of whopping 43.5% growth [...]

Mumbai, May 2 (PTI) Tax devolution by the central government is likely to exceed the budget estimate by at least Rs 1.1 lakh crore in FY23, leading to compression in the gross borrowing by states to Rs 8.4 lakh crore, a report said on Monday. However, the borrowing cost for the states has went up [...]

New Delhi, May 2 (PTI) Shares of Tata Chemicals on Monday jumped nearly 10 per cent after the company reported a multi-fold rise in consolidated profit after tax for the quarter ended March. The stock rallied 9.89 per cent to settle at Rs 1,033.75 apiece on the BSE. During the day, it zoomed 11.37 per [...]

Mumbai, May 2 (PTI) Housing finance major HDFC on Monday reported a 16 per cent growth in standalone net profit to Rs 3,700 crore for the January-March quarter, helped by record loan sales on the back of benign interest rates and the resultant fall in cost of funds along with the near-total repayments that culled [...]

New Delhi, May 2 (PTI) TVS Motor Company on Monday reported a 24 per cent increase in total sales at 2,95,308 units in April. The company had posted a total sales of 2,38,983 units in the same month last year, TVS Motor Company said in a statement. Total two-wheelers sales were up 24 per cent [...]

New Delhi, May 2 (PTI ) VE Commercial Vehicles Ltd on Monday reported over two-fold jump in sales at 5,525 units in April 2022. The company had sold 2,145 units in the same month last year. VEVC, a joint venture between Volvo Group and Eicher Motors, said in a statement. Eicher branded trucks and buses [...]

New Delhi, May 2 (PTI) Hinduja flagship firm Ashok Leyland on Monday reported 42 per cent increase in total commercial vehicle sales at 11,847 units in April. The company had sold 8,340 units in the same month last year, Ashok Leyland said in a regulatory filing. Domestic sales were higher 41 per cent at 11,197 [...]

New Delhi, May 2 (PTI) Mid-sized motorcycle maker Royal Enfield, part of Eicher Motors, on Monday said its total wholesales increased by 17 per cent to 62,155 units in April.The company had reported sales of 53,298 units in the same month last year.Domestic sales increased by 10 per cent to 53,852 units last month against [...]

New Delhi, May 2 (PTI) Mahindra & Mahindra (M&M) on Monday said its total sales increased by 25 per cent to 45,640 units in April.The company's total sales stood at 36,437 units in April 2021.The Mumbai-based auto major's passenger vehicle sales in the domestic market rose by 23 per cent to 22,526 units last month [...]

New Delhi, May 2 (PTI) Bajaj Auto Ltd on Monday reported a 20 per cent decline in total sales to 3,10,774 units in April.The company had sold 3,88,016 units in the same month last year, Bajaj Auto said in a statement.Total domestic sales in the month stood at 1,02,177 units against 1,34,471 units in April [...]

New Delhi, May 1 (PTI) New age insurer Go Digit General Insurance (Digit) has crossed Rs 5,000 crore-mark in gross written premium in FY22, driven by higher demand from motor, property and health segments.With over four-year of operations, the Bengaluru-headquartered insurtech is backed by Canadian billionaire Prem Wasta's Fairfax Financial Holdings through its parent company [...]

New Delhi, May 1 (PTI) Nuts and dried fruits player VKC Nuts Pvt Ltd is targeting sales of USD 1 billion (over Rs 7,650 crore) in the next five years, riding on the growth of the category propelled by increasing health awareness and expansion of its offerings, according to a top company official. The company, [...]

New Delhi, May 1 (PTI) MG Motor India on Sunday said its retail sales declined 22 per cent to 2,008 units last month compared to 2,565 in April 2021.The production remained volatile and immensely impacted by the global supply chain constraints due to the sudden and new COVID-19 lockdowns in different parts of the world, the [...]

Kochi, Apr 30 (PTI) Union Minister for Ports, Shipping and Waterways, Sarbananda Sonowal, on Saturday laid the foundation for a Roll-On-Roll-Off (Ro-Ro) facility at Cochin Port. The new Ro-Ro facility, under the 'Sagarmala' scheme of the Union government, will be developed between Q1 berth and South Coal Berth on the Mattancherry Channel in Cochin Port. [...]

Mumbai, Apr 30 (PTI) Yes Bank on Saturday reported a net profit of Rs 367 crore for the March 2022 quarter, helped by a heavy reduction in provisions for bad debts, which the private sector lender had to set aside as it recognised legacy stress in the year-ago period.FY22 is the first full-year profit since [...]

New Delhi, Apr 30 (PTI) IDFC First Bank on Saturday posted over two-fold rise in net profit to Rs 343 crore in the March 2022 quarter on the back of strong core operating income and lower provisioning for bad loans.The private sector lender had reported a net profit of Rs 128 crore in the same [...]

New Delhi, Apr 30 (PTI) Delhi-NCR ranks ninth in Asia Pacific in terms of occupancy cost for prime office space at USD 60.1 per square feet per year, according to Knight Frank India. As per Knight Frank's Asia-Pacific Prime Office Rental Index for Q1 2022 that tracks 23 cities in the region, Hong Kong SAR [...]

New Delhi, Apr 29 (PTI) IT company Wipro on Friday posted a 4 per cent increase in its consolidated profit to Rs 3,092.5 crore in the fourth quarter ended March 31, 2022, on account of continued demand for IT services. The company had registered a profit of Rs 2,974.1 crore in the same period a [...]

New Delhi, Apr 29 (PTI) L&T Finance Holdings (LTFH) on Friday reported a 28 per cent rise in its consolidated net profit at Rs 342 crore for the quarter ended March. The company had posted a net profit of Rs 266 crore in the year-ago period. However, the total income declined to Rs 2,946.78 crore [...]

New Delhi, Apr 29 (PTI) British FMCG major Reckitt's revenue from developing markets increased 5.7 per cent, helped by higher growth in India and China, among other areas, in the first quarter this year.While its toilet cleaner Harpic continued to register "strong growth" in the Indian market, helping the brands to report a 'high-single-digit' rise [...]

Mumbai, Apr 29 (PTI) Tata Chemicals on Friday reported a multi-fold jump in consolidated profit after tax at Rs 470.24 crore for the quarter ended March. The company's profit after tax stood at Rs 29.26 crore in the year-ago period, According to a regulatory filing, the consolidated income from operations grew 32 per cent during [...]

Operational revenue and dividend increase by 69% and 33% respectively in FY 2022 Y-o-Y MUMBAI, India, April 29, 2022 /PRNewswire/ -- Fineotex Chemical Limited (FCL), one of India's leading and most progressive specialty chemical producer with a market leading position in international textile industry has announced robust financial numbers in Q4FY22. HIGHLIGHTS OF CONSOLIDATED BUSINESS [...]

New Delhi, Apr 29 (PTI) IndiaFirst Life Insurance Company Ltd (IndiaFirst Life) on Friday said it registered a 28 per cent jump in its gross premium income to Rs 5,187 crore in the fiscal year ended in March 2022. "Our gross premium has jumped 28 per cent from FY21 and crossed Rs 5,187 crore in [...]

New Delhi, Apr 29 (PTI) French spirits major Pernod Ricard witnessed a strong growth of 19 per cent in the Indian market in March quarter on the back of a "solid premiumisation" in its portfolio. Some of its key brands such as Royal Stag, Blenders Pride and 100 Pipers had a very dynamic performance in [...]

New Delhi, Apr 29 (PTI) Construction firm Capacit'e Infraprojects on Friday said it has bagged new work orders worth Rs 827 crore. With this, the company's orderbook has exceeded Rs 9,000 crore-mark, Capacit'e Infraprojects said in a statement. The company said it "has received projects worth Rs 827 crore (excluding GST) from prominent public and [...]

New Delhi, Apr 28 (PTI) Danish brewing major Carlsberg on Thursday said it has registered a "strong volume growth" in the India market in March after getting impacted in January and February due to the COVID-19 pandemic.The company has a strong performance across Asia with volume and revenue well ahead of Q1 2019 on a [...]

Mumbai, Apr 28 (PTI) Lower investment gains, higher COVID-19 claims and higher new premium underwriting have pulled down Bajaj Allianz Life's net income by 80 per cent in the March quarter to Rs 48 crore from Rs 234 crore a year ago, whittling down the 30 per cent rise in new business premium.The Pune-based Bajaj [...]

Mumbai, Apr 28 (PTI) Non-banking financial company Shriram Transport Finance on Thursday reported a 43.87 per cent jump in its standalone profit after tax at Rs 1,086.13 crore in the quarter ended March 2022, on the back of improvement in the net interest margin and asset quality. The company had reported a standalone profit after [...]

New Delhi, Apr 28 (PTI) Bajaj Holdings and Investment on Thursday said its consolidated net profit increased 16 per cent to Rs 1,105 crore for the fourth quarter ended March. The company had reported a consolidated net profit of Rs 949 crore in the January-March quarter of 2020-21 fiscal. The total income, however, declined to [...]

New Delhi, Apr 28 (PTI) Indian Hotels Company Ltd (IHCL) shares jumped nearly 5 per cent on Thursday after the company reported a consolidated net profit of Rs 71.57 crore for the fourth quarter ended March 2022.Shares of the company rallied 5.89 per cent to Rs 249.75 during the day at the BSE. It finally [...]

New Delhi, Apr 28 (PTI) Mahindra Electric Mobility Ltd, a part of the Mahindra Group, on Thursday reported an over three-fold jump in its electric three-wheeler sales at 16,862 units in 2021-22. The company had sold 5,376 units in the previous fiscal (2020-21). Citing Society of Indian Automobiles Manufacturers (SIAM) data, Mahindra Electric said it [...]

Mumbai, Apr 28 (PTI) National Bank for Agriculture and Rural Development (Nabard) on Thursday reported a 15.08 per cent growth in its balance sheet to Rs 7,57,246 crore in the fiscal ended March 2022.In fiscal 2021, its balance sheet stood at Rs 6,57,798 crore."Next year, we are targeting a balance sheet size of Rs 8.75 [...]

Mumbai, Apr 28 (PTI) State-run Bank of Maharashtra on Thursday said its net profit for the March quarter more than doubled to Rs 355 crore from Rs 165 crore a year ago on improved loan sales and asset quality leading to lower provisioning and better cost-to-income ratio. For the full year to March, the Pune-based [...]

• 55 % of annual revenue from focus markets of US and EMEA • Robust operational performance across businesses • Margin softening due to inflationary pressures MUMBAI, India, April 28, 2022 /PRNewswire/ -- STL [NSE: STLTECH], an industry leading integrator of digital networks, announced consolidated financial results for its fourth quarter and financial year ending [...]

New Delhi, Apr 28 (PTI) Shares of Bajaj Auto dipped nearly 2 per cent on Thursday after the company reported a 2 per cent decline in consolidated net profit for the fourth quarter ended March 2022. Bajaj Auto stock declined 2.58 per cent to Rs 3,804.80 during the day on the BSE. It finally ended [...]

New Delhi, Apr 28 (PTI) Toyota Kirloskar Motor (TKM) on Thursday said it has reached the 20 lakh units cumulative wholesales milestone ever since its inception in India. The company, which started production in the country in December 1999, said it achieved the feat in April 2022, while handing over a new Glanza hatchback at [...]

Mumbai, Apr 28 (PTI) Mid-tier IT company Persistent Systems is set to achieve its long-held aspiration of the yearly revenue rate touching USD 1 billion by the September 2023 quarter, a top official said on Thursday. The Pune-headquartered company posted a 42 per cent jump in revenue to USD 217 million in the March quarter, [...]

New Delhi, Apr 28 (PTI) Power products marker Microtek International on Thursday said it has recorded a turnover of Rs 1,700 crore for the financial year ended on March 31, 2022, registering a growth of 26 per cent. The home-grown firm has now set a growth target of over 50 per cent for the current financial [...]

New Delhi, Apr 28 (PTI) The stock of Indian Hotels Company Ltd (IHCL) jumped nearly 6 per cent in morning trade on Thursday after the company reported a consolidated net profit of Rs 71.57 crore for the fourth quarter ended March 31, 2022. Shares of the company rallied 5.82 per cent to Rs 249.60 at [...]

New Delhi, Apr 27 (PTI) IT company Infobeans on Wednesday reported a 74 per cent increase in consolidated profit after tax to Rs 17.48 crore in the fourth quarter ended March 31.The company had posted Rs 10 crore profit after (PAT) in the year-ago period.Its consolidated revenue from operations grew by about 95 per cent [...]

New Delhi, Apr 27 (PTI) Bajaj Auto on Wednesday reported a 2 per cent decline in consolidated net profit at Rs 1,526 crore in the fourth quarter ended March 2022, with sales in both domestic and export markets hit by weak demand and semiconductor shortage. The Pune-based company had reported a consolidated net profit of [...]

New Delhi, Apr 27 (PTI) Tata group hospitality firm, Indian Hotels Company Ltd (IHCL) on Wednesday reported a consolidated net profit of Rs 71.57 crore in the fourth quarter ended March 31, 2022. The company had posted a consolidated net loss of Rs 97.72 crore in the same period previous fiscal, IHCL said in a [...]

New Delhi, Apr 27 (PTI) Bajaj Auto on Wednesday said its consolidated net profit declined by 2 per cent to Rs 1,526 crore in the fourth quarter ended on March 31, 2022, on account of lower sales in both domestic and export markets. The company's total two-wheeler and commercial vehicle sales declined by 17 per [...]

New Delhi, Apr 27 (PTI) Bajaj Allianz Life Insurance Company has registered over a 34 per cent rise in its gross written premium to Rs 16,127 crore in fiscal 2022.The life insurer had reported a gross written premium of Rs 12,025 crore in FY2021.The company's renewal premium witnessed a growth of 22.4 per cent in [...]

Mumbai, Apr 27 (PTI) The retail industry is likely to witness low double-digit growth this fiscal, as footfalls into offline stores are back on track and are likely to get further momentum amid easing of pandemic-related restrictions, Shoppers Stop managing director and CEO Venu Nair said. "Overall the footfalls have come back to the pre-COVID [...]

Mumbai, Apr 27 (PTI) Logistics and supply chain firm Jet Freight on Wednesday said it aims to increase the topline by five times in the next five years and has chalked out a four-pronged strategy to execute its business initiatives. Jet Freight, which claims it to be among the top three freight forwarders in India [...]

New Delhi, Apr 26 (PTI) Aditya Birla Sun Life AMC on Tuesday reported a one per cent growth in profit after tax at Rs 158.5 crore in the three months ended March 2022. In comparison, the company had posted a Profit After Tax (PAT) of Rs 156.7 crore in the year-ago period, according to a [...]

Mumbai, Apr 26 (PTI) Integrated inter-modal logistics services provider Gateway Distriparks Limited (GDL) on Tuesday reported an 84.40 per cent year-on-year growth in profit after tax (PAT) at Rs 85.53 crore for the quarter ended March 2022. The company had posted a profit of Rs 46.38 crore in the March quarter of FY21, it said [...]

New Delhi, Apr 24 (PTI) Monthly rentals in Delhi-NCR's high street retail locations, including Khan Market and Connaught Place, increased by up to 5.6 per cent during January-March period as compared to the previous quarter on better demand for space from retailers, according to Cushman & Wakefield. In its report 'Marketbeat Delhi-NCR Retail Q1, 2022', [...]

New Delhi, Apr 24 (PTI) The Kamdhenu Group is eyeing for a brand sales turnover of Rs 22,000 crore from its steel business by financial year 2023-24, its Chairman and Managing Director (CMD) Satish Agarwal said. The Gurugram-based TMT rebars maker operates on a franchisee model in the steel segment. "Looking at the demand for [...]

Auto components maker Sundram Fasteners on Friday reported a 24 per cent decline in consolidated net profit at Rs 107.43 crore for the fourth quarter ended March 2022. The company had reported a consolidated net profit of Rs 140.80 crore in the same period of the 2020-21 fiscal. Revenue from operations, however, rose to Rs [...]

New Delhi, Apr 22 (PTI) Tata Metaliks on Friday posted a 30 per cent fall in its net profit to Rs 52.46 crore for the quarter ended March owing to increased expenses.         The company had clocked a Rs 74.99 crore net profit during January-March period of preceding 2020-21 fiscal, Tata Metaliks [...]