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Kalyan Jewellers Q1 Results: PAT grew by 33% YoY

Kalyan Jewellers Q1 Results: PAT grew by 33% YoY

T. S. Kalyanaraman created Kalyan Jewellers and used an initial investment of 75 lahks to open the company's first jewellery store in Thrissur, Kerala, India, in 1993. The corporation also has a long history in the wholesale, retail, and trading of textiles. Kalyan Jewellers India on Wednesday reported a 33 per cent growth in consolidated [...]

TD Power Systems Q1 Results: Net profit grew by 24% YoY

TD Power Systems Q1 Results: Net profit grew by 24% YoY

One of the top producers of AC generators worldwide is TDPS. A world-class manufacturing facility is located in Turkey, and we have subsidiary offices in Germany, Japan, the US, and Bengaluru, India, where we were founded on April 16th, 1999. TD Power Systems on Wednesday posted over 24 per cent rise in consolidated net profit [...]

Bharat Forge Q1 Results: Net profit increased by 33.27% YoY

Bharat Forge Q1 Results: Net profit increased by 33.27% YoY

Bharat Forge is expanding its position as a major supplier of automobile engine parts on the world market. More than 130,000 tons of steel and aluminium crankshafts, connecting rods, and camshafts are produced by Bharat Forge for use in passenger vehicles and SUVs.  Auto components major Bharat Forge Ltd on Wednesday reported a 33.27 per [...]

EIH Q1 Results: Net profit grew by 61%

EIH Q1 Results: Net profit grew by 61%

EHI International has supplied high-quality technical help, program expertise, and analytical services since 1999. It also offers a comprehensive range of consulting and management services. Hospitality firm EIH Ltd on Tuesday reported an increase of 61 per cent in its consolidated net profit to Rs 106.03 crore in the June quarter. EIH, the flagship company [...]

Adani Ports & SEZ’s Q1 Results: Profit increased by 80%

Adani Ports & SEZ’s Q1 Results: Profit increased by 80%

APSEZ ( Adani Ports and Special Economic Zone Ltd)  is the largest commercial ports operator in India accounting for nearly one-fourth of the cargo movement in the country. It is present across 13 domestic ports in seven maritime states of Gujarat, Maharashtra, Goa, Kerala, Andhra Pradesh, Tamil Nadu and Odisha. Adani Ports and Special Economic [...]

Birla Corp Q1 Results: Net profit declined by 3.6%

Birla Corp Q1 Results: Net profit declined by 3.6%

The M.P. Birla Group, one of India's major industrial conglomerates, was founded in 1919. The business is a market leader in the cement sector. having a significant presence in northern, central, and eastern India.  The M.P. Birla Group, regarded as a pioneer in the cable industry, has partnerships with international behemoths like Furukawa. Post-tax profit [...]

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Mahindra & Mahindra total sales up 35% in March

New Delhi, Apr 1 (PTI) Mahindra & Mahindra (M&M) on Friday said its total sales increased by 35 per cent to 54,643 units in March as compared with the year-ago period. The Mumbai-based auto major had dispatched 40,403 units in March 2021. The company sold 27,603 passenger vehicles last month in the domestic market as [...]

Nissan India reports 25% decline in domestic wholesales in March

New Delhi, Apr 1 (PTI) Automaker Nissan India on Friday reported a 25 per cent decline in domestic wholesales at 3,007 units in March. The company had registered 4,012 units in domestic wholesales in March 2021. The domestic wholesales of the company were at 37,678 units in the fiscal ended March 2022, Nissan India said [...]

Hyundai sales dip 14% in March to 55,287 units

New Delhi, Apr 1 (PTI) Hyundai Motor India on Friday said its total sales declined 14 per cent to 55,287 units in March, as compared with same month last year. The company had dispatched 64,621 units to its dealers in March 2021. For 2021-22 fiscal, the company reported total sales of 6,10,760 units, up by [...]

Maruti Suzuki sales up 2% at 1,70,395 units in March

New Delhi, Apr 1 (PTI) The country's largest carmaker Maruti Suzuki India (MSI) on Friday reported a 2 per cent rise in total wholesales to 1,70,395 units in March.The company had sold 1,67,014 units in March 2021, MSI said in a statement.Last month, the company's domestic dispatches, however, declined 7 per cent to 1,43,899 units [...]

APL Apollo sales grow 27% to over 5.5 lakh tonne in Jan-Mar

New Delhi, Apr 1 (PTI) APL Apollo Tubes Limited on Friday said its sales grew about 27 per cent to 5,51,723 tonne in the fourth quarter ended March 31, 2022.The company had clocked 4,35,348 tonne sales in January-March 2020-21, structural steel tube maker said in a statement.For the entire 2021-22 fiscal, APL Apollo registered a [...]

Print media revenue set to rebound by 20% to Rs 27,000cr: Report

Mumbai, Mar 31 (PTI) Aided by low base and the rising advertising and subscription revenue, the print media is likely to clock a 20 per cent topline growth to Rs 27,000 crore next fiscal, but soaring newsprint prices may tear off 300-350 bps of operating profitability for the sector, says a report. In a report [...]

NTPC Group’s power output up 14.6% to 360 billion units in 2021-22

New Delhi, Mar 31 (PTI) Government-owned power giant NTPC along with its joint ventures and subsidiaries clocked highest ever annual electricity generation of 360 billion units in 2021-22, registering a growth of 14.6 per cent compared to the previous year. The country's largest power producer also recorded the maximum single-day generation of 1,215.68 MU (Group) [...]

Hemani Industries files draft papers for Rs 2,000 crore IPO

New Delhi, Mar 29 (PTI) Agrochemical manufacturer Hemani Industries Ltd has filed preliminary papers with Sebi to raise Rs 2,000 crore through an initial public offering. The Initial Public Offering (IPO) will comprise fresh issue of equity shares aggregating up to Rs 500 crore and an Offer For Sale (OFS) of equity shares worth up [...]

Okinawa expects to close this fiscal with record Rs 800 cr revenue

Mumbai, Mar 29 (PTI) The second-largest electric scooter maker Okinawa Autotech, which has sold around 1 lakh units so far this fiscal, is expecting to close the outgoing fiscal with record revenue of around Rs 800 crore.One lakh unit sales mean the Gurugram-based company, which is a pioneer in the EV space since 2015, has [...]

Bank of Maharashtra bags best bank award from Kerala bankers’ body

New Delhi, Mar 27 (PTI) Bank of Maharashtra (BoM) has received the best bank award at national level under the public sector category from State Forum of Bankers' Clubs Kerala (SFBCK). Kerala's Industries and Commerce Minister P Rajeeve handed over the award to BoM Managing Director A S Rajeev, the bank said in a statement [...]

BMW India to hike vehicle prices by up to 3.5% from April

New Delhi, Mar 25 (PTI) Luxury carmaker BMW India on Friday said it will increase prices of its entire model range by up to 3.5 per cent from April 1 to offset the impact of rise in input costs. The price increase will be brought into effect to adjust the material and logistics costs, impact [...]

Gujarat Polysol Chemicals files DRHP for Rs 414-crore IPO

New Delhi, Mar 25 (PTI) Chemical manufacturer Gujarat Polysol Chemicals Ltd (GPCL) has filed its preliminary papers with Sebi to raise Rs 414 crore through an initial public offering. The initial share sale comprises a fresh issue of equity shares aggregating up to Rs 87 crore and an offer-for-sale (OFS) of equity shares aggregating up [...]

Adani Wilmar plans acquisition of brands and processing units in mass rice segment

Kolkata, Mar 23 (PTI) Country's largest commodity company Adani Wilmar is betting big on staples and scouting for acquisition of regional rice brands and processing units in several states of the country, a top company official said. The company will launch branded daily-use rice under the fortune brand beginning with West Bengal from early April. [...]

Punjab Assembly passes vote-on-account of Rs 37,120 cr for Q1 FY23

Chandigarh, Mar 22 (PTI) The Punjab Assembly on Tuesday passed a vote-on-account of more than Rs 37,120 crore to meet the state government's expenditure for the first three months (April-June) of the 2022-23 financial year. Finance Minister Harpal Singh Cheema moved the Punjab Appropriation (Vote-On-Account) Bill, 2022 on the concluding day of the assembly session [...]

Tata Motors to hike prices of commercial vehicles from Apr 1

New Delhi, Mar 22 (PTI) Homegrown auto major Tata Motors on Tuesday said it will hike prices of its commercial vehicles range by 2-2.5 per cent, depending upon individual model and variant, from April 1.The increase in the prices of commodities, such as steel, aluminium and other precious metals -- in addition to higher costs [...]

Axtria expects USD 100 mn revenue from India in next 3-5 yrs

New Delhi, Mar 22 (PTI) US-based software firm Axtria expects its India revenue to grow multifold to USD 100 million in the next three to five years as more domestic companies are opting for modern technology tools, a senior company official has said.Axtria CEO Jaswinder Chadha said the company also expects to more than double [...]

TCI lines up Rs 250 cr capital expenditure for FY23

Mumbai, Mar 20 (PTI) Logistics firm Transport Corporation of India is planning to line up a capital expenditure of around Rs 250 crore for the next fiscal, a top company executive has said.Of the total capital expenditure (Capex), the company is expected to spend Rs 100-125 crore on ships and containers, the executive added.The company [...]

Centuary Mattress Launches a Sleep Rejuvenation Program on World Sleep Day

In honor of World Sleep Day, Centuary’s new campaign intends to allow people to experience the power of better sleep through a sleep rejuvenation program Hyderabad, India – Business Wire India On the occasion of World Sleep Day, Centuary Mattress, India’s fastest-growing mattress brand with a three-decade of legacy, has announced its new campaign, Sleep [...]

SJVN bags 100-MW solar project in Gujarat

New Delhi, Mar 17 (PTI) State-owned SJVN on Thursday said it has bagged a 100-megawatt (MW) grid-connected solar power project in Gujarat under a tariff-based competitive bidding. In a statement, SJVN Chairman and Managing Director Nand Lal Sharma said the company has secured the 100-MW grid-connected solar power project in Gujarat through tariff-based competitive bidding [...]

SGX Nifty IFSC to run on TCS trading platform

Mumbai, Mar 16 (PTI) Tata Consultancy Services, which controls over 40 per cent of the capital markets infrastructure solutions, has won a contract from Singapore Stock Exchange to run trading and settlement platforms for the upcoming SGX Nifty Exchange at International Financial Services Centre in Gandhinagar.To be known as NSE IFSC-SGX Connect, the platform will [...]

La Tim Metal & Industries Ltd. plans expansion into Industrial Park

MUMBAI, India, March 16, 2022 /PRNewswire/ -- La Tim Metal & Industries (BSE: LATIMMETAL) (Script Code # 505693), a listed company has been in the steel trade since 1987 and deals with Colour Coated Steel Sheets. La Tim has an un-utilized land parcel in Khopoli - Pali, Raigad district with huge business potential. With the [...]

Oben Electric launches motorcycle Rorr at Rs 99,999 onwards

New Delhi, Mar 15 (PTI) Electric two-wheeler start-up Oben Electric on Tuesday launched its motorcycle 'Rorr' with prices starting at Rs 99,999 (ex-showroom). The electric motorcycle has a top speed of 100 kmph and comes with a range of 200 km on a single charge. The battery can be fully charged in 2 hours, the [...]

MFIs’ gross loan portfolio up 1.86 pc to Rs 2,32,126 cr in Q3 FY22: Sa Dhan

Mumbai, Mar 14 (PTI) Microfinance industry's gross loan portfolio (GLP) grew 1.86 per cent year-on-year to Rs 2,32,126 crore in the quarter ended December 2021 as against Rs 2,27,893 crore in the same period of the previous fiscal, according to a report by Sa-Dhan. Sa-Dhan is an RBI-recognised self-regulatory organisation for microfinance institutions (MFIs). Total [...]

Power Mech Projects bags order worth Rs 2,120 cr under Jal Jeevan Mission

New Delhi, Mar 14 (PTI) Infrastructure-construction firm Power Mech Projects has bagged orders worth Rs 2,120 crore under the Jal Jeevan Mission programme, a company statement said on Monday. The company has won the new orders under the Phase-III of the Jal Jeevan Mission covering 2,120 villages in Pratapgarh, Fatehpur and Meerut districts of Uttar [...]

Vikas Lifecare plans Rs 120 cr capex to expand operations

New Delhi, Mar 11 (PTI) Polymer products trading firm Vikas Lifecare is planing a capital expenditure of about Rs 120 crore to expand operations, the company said on Friday.The company also plans to hire 250-300 people to support its new projects, the NSE-listed company said in a statement.   Under the expansion plans, the company will set up an ethanol project [...]

Birla Niyaara Clocks Record Sales Booking of Rs 1000 Cr

The 14-acre integrated development at the heart of Worli is a flagship project of Birla Estates Mumbai, Maharashtra, India – Business Wire India Birla Niyaara, the flagship project of Birla Estates Pvt Ltd, has received an overwhelming response and recorded sales of INR 1000 Crore booking value making it the most successful launch in MMR [...]

KPTL receives LoI for Rs 3,276-cr order

New Delhi, Mar 10 (PTI) Kalpataru Power Transmission Limited (KPTL) on Thursday said it has received the letter of intent (LoI) for an order worth Rs 3,276 crore. In a statement, the company said the LoI is for a "prestigious project" involving design, engineering, supply and construction of a HVDC power transmission line of 700 [...]

L&T Construction bags ‘significant’ order from Delhi Metro

New Delhi, Mar 9 (PTI) L&T Construction has won a significant order from Delhi Metro Rail Corporation (DMRC) to design and construct the underground metro project of Phase-IV of Delhi MRTS. L&T Construction is the construction arm of infrastructure major Larsen & Toubro (L&T). "The heavy civil infrastructure business vertical of L&T Construction has won [...]

NAT\nMicro loans without consent by BFIL due to technical glitch; panel to assess staff’s accountability, if any: IndusInd Bank

New Delhi, Mar 8 (PTI) Private sector IndusInd Bank on Tuesday said the microfinance loan disbursals by its subsidiary during the Covid period was a result of a "technical glitch", according to the findings of the audit firm Deloitte and the bank has set up a panel to assess its staff's accountability, if any.The matter [...]

Spent Rs 680 cr on CSR in last 10 yrs: HCL Foundation

New Delhi, Mar 7 (PTI) HCL Foundation on Monday said it has invested Rs 680 crore in the last 10 year to create an impact on society through transformational work. The corporate social responsibility (CSR) arm of HCL Technologies also announced a Rs 16.5 crore grant for NGOs in their effort to transform lives in [...]

Tata Motors bags order for 65 EVs from KSEB

New Delhi, Mar 7 (PTI) Homegrown auto major Tata Motors on Monday said it has bagged a contract for 65 electric vehicles (EVs) from Kerala State Electricity Board (KSEB). The order includes 60 Tigor EVs and 5 Nexon EV SUVs. It is part of a competitive pan-India tender floated by KSEB in line with the [...]

Infallible Pharma Bullish on Indian Market, Targets Rs. 1000 Crore Revenue in Next Five Years

Infallible Pharma is the leading producer of critical care medicines in India. Infallible Pharma has achieved number one position in Heparin Sodium injection & Enoxaparin Sodium injection Mumbai, Maharashtra, India (NewsVoir) Infallible Pharma, a certified pharmaceutical company of Indian origin is all set to gain deeper market penetration and achieve Rs. 1000 crore revenue in [...]

Rebel Foods expects to double revenue this year at Rs 800 cr

Mumbai, Mar 4 (PTI) Goldman and Sequoia-backed Rebel Foods, which claims to be the largest cloud kitchen with over 4,500 stores, is expecting to double its revenue to about Rs 800 crore in the current fiscal and expand overseas presence by entering more markets in Southeast Asia, Middle East & Northern Africa and the European [...]

Audi to hike vehicle prices up to 3 pc from April

New Delhi,  Mar 3 (PTI) German luxury car maker Audi on Thursday said it will increase prices across its product range in India by up to 3 per cent from April 1. The price hike is a result of rising input costs and will come into effect from April 1, 2022, the automaker said in [...]

NMDC Apr-Feb output jumps 26%; sales up 25.5%

New Delhi, Mar 2 (PTI) State-owned miner NMDC has posted a 26 per cent jump in its iron ore output to 37.18 million tonnes (MT) during April-February period of 2021-22, an official statement said on Wednesday. During the year-ago period, the company had produced 29.52 MT of iron ore, the Ministry of Steel said. In [...]

WardWizard Innovations sales jump over 13-fold in Feb

New Delhi, Mar 2 (PTI) WardWizard Innovations and Mobility -- which sells a range of electric two-wheelers under the Joy e-bike brand -- on Wednesday said it has sold 4,450 units in February.The company had sold 320 vehicles in the same month of the last year.The Gujarat-based EV maker said the dispatches last month were [...]

Sensex snaps 2-day gains as Russia-Ukraine conflict escalates; Tata Steel, RIL spurt

Mumbai, Mar 2 (PTI) Reversing their two-session rising streak, equity benchmarks buckled under selling pressure on Wednesday as the Russia-Ukraine war hammered investor confidence and roiled financial markets globally. A sharp depreciation in the rupee, unabated selling by foreign investors and lacklustre macroeconomic data added to the gloom, analysts said. The 30-share BSE Sensex opened [...]

TABPS Pets Raises 4cr Seed Money From Angel Investors

TABPS announced that it has raised Rs. 4 crore as a part of its seed funding round from a group of angel investors. TABPS Pets is a start-up based out of Coimbatore, Tamil Nadu. TABPS owns the FiloMilo brand which is engaged in the manufacturing of Ayurvedic powered Pet Treats and grooming items FiloMilo has [...]

Kia India sales rise 8.5 pc in February

New Delhi, Mar 2 (PTI) Kia India on Wednesday said its sales increased 8.5 per cent year-on-year to 18,121 units in February. The automaker had dispatched 16,702 units to dealers in February 2021. The company said it continues to remain one of the top five selling car manufacturers in the country, owing to the consistent [...]

Kia India sales rise 8.5 pc in February

New Delhi, Mar 2 (PTI) Kia India on Wednesday said its sales increased 8.5 per cent year-on-year to 18,121 units in February.The automaker had dispatched 16,702 units to dealers in February 2021.The company said it continues to remain one of the top five selling car manufacturers in the country, owing to the consistent performance of [...]

Royal Enfield sales dip 15 pc in February

New Delhi, Mar 1 (PTI) Mid-sized motorcycle maker Royal Enfield, part of Eicher Motors, on Tuesday said its total wholesales declined by 15 per cent to 59,160 units in February. The company had reported sales of 69,659 units in the same month last year. Domestic sales declined by 20 per cent to 52,135 units last [...]

TVS Motor sales drop 5 pc in Feb at 2,81,714 units

New Delhi, Mar 1 (PTI) TVS Motor Company on Tuesday reported a 5 per cent dip in total sales to 2,81,714 units in February. The company had posted a total sales of 2,97,747 units in the same month last year, TVS Motor Company said in a statement. Total two-wheelers sales were lower at 2,67,625 units [...]

Ashok Leyland total sales rise 7% in Feb

New Delhi, Mar 1 (PTI) Hinduja flagship firm Ashok Leyland on Tuesday reported a 7 per cent rise in commercial vehicle sales to 14,657 units in February.The company had sold 13,703 units in the same month last year, Ashok Leyland said in a statement.Domestic sales were up 4 per cent at 13,281 units against 12,776 [...]

Maruti Suzuki sales decline marginally in February

New Delhi, Mar 1 (PTI) The country's largest car maker Maruti Suzuki India (MSI) on Tuesday reported a marginal drop in total wholesales at 1,64,056 units in February. The company had sold 1,64,469 units in February 2021, MSI said in a regulatory filing. Last month, the company's domestic sales slipped 8.46 per cent to 1,40,035 [...]

All India House Price Index rises 3.1 pc in Q3: RBI data

Mumbai, Feb 28 (PTI) The All India House Price Index (HPI) rose 3.1 per cent in the third quarter of the fiscal on an annual basis, according to data released by the Reserve Bank of India (RBI). The RBI releases its quarterly house price index (HPI) (base: 2010-11) based on transaction-level data received from housing [...]

L&T’s CSR spend at Rs 150 cr in FY’21

New Delhi, Feb 27 (PTI) Engineering conglomerate Larsen and Toubro (L&T) spent Rs 150 crore in FY'21 on corporate social responsibility activities, impacting 1.21 million beneficiaries. The beginning of the current year was noteworthy for L&T's efforts in corporate social responsibility (CSR) as the company's CSR team handed over two Integrated Community Development Projects (ICDPs) [...]

Tata AIA Life Q3 Results: Premium grew 44% to Rs 1,193 cr

Tata AIA Life Insurance Co Ltd on Thursday said its individual weighted new business premium (IWNBP) jumped about 44 per cent to Rs 1,193 crore during the third quarter of fiscal 2021-22. The private life insurer had stood at Rs 831 crore in the year-ago period. For the nine-month period ended December 2021, it registered [...]

Godrej Appliances eyes 10 pc market share in AC segment in 2022

New Delhi, Feb 24 (PTI) Godrej Appliances aims to double its sales growth in the residential air condition segment this summer and increase the market share despite a recent price hike and inflationary pressure on inputs, said a top company official. It has however hinted at another price hike by the AC industry in April [...]

BMW drives in all-electric MINI Cooper SE at Rs 47.2 lakh

New Delhi, Feb 24 (PTI) German Luxury carmaker BMW on Thursday said it has launched the all-electric MINI 3-Door Cooper SE in India priced at Rs 47.2 lakh (ex-showroom). Available as a completely built-up unit (CBU), all units of the first lot were sold out during the pre-launch booking in Q4 2021. MINI India will [...]

Wonderchef enters diningware segment; eyes Rs 50 cr revenue in first year

Mumbai, Feb 23 (PTI) Leading kitchenware brand Wonderchef is entering the diningware/homeware segment and has set a target of selling Rs 50 crore in the first year of operations and will invest Rs 100 crore over the next three years towards design and product development. The company, co-founded by celebrity chef Sanjeev Kapoor and Ravi [...]

Maruti Suzuki expects sales momentum to continue with better chip supplies

New Delhi, Feb 23 (PTI) The country's largest carmaker Maruti Suzuki India (MSI) expects its sales momentum to continue with gradual improvement in the semiconductor supplies and demand situation remaining robust in the domestic market, a top company official said on Wednesday. In an interaction with PTI on the sidelines of the launch of all-new [...]

TVS Motor clocks 1 million exports in two wheeler segment in FY21-22

Chennai, Feb 23 (PTI): Two and three wheeler major TVS Motor Company on Wednesday said its exports in two wheeler segment clocked sales of one million (10 lakh) units, marking a significant milestone in the current financial year for the first time, the company said on Wednesday.The exports include the sales from TVS Motor and [...]

Husk Power Systems bags USD 4 mn finance for rural microgrids in India

New Delhi, Feb 22 (PTI) Smart Power India on Tuesday said its partner Husk Power Systems has bagged the largest-ever debt financing of USD 4 million for rural microgrids in India to construct 140 mini-grids in rural India. To encourage reliable access to electricity till the last mile, Smart Power India's partner Husk Power Systems [...]

Profits of insurers, manufacturing firms cannot be compared, says LIC chief

New Delhi, Feb 21 (PTI) LIC Chairman M R Kumar on Monday said profits of insurance companies cannot be compared with that of manufacturing companies as dynamics of the businesses are different. "Profit of insurance companies compared to other companies like manufacturing are different. In terms of surplus generation, more than Rs 50,000 crore (has [...]

PMJJBY policyholders eligible for LIC IPO at discount

New Delhi, Feb 21 (PTI) Subscribers of Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) are eligible for LIC initial public offering at a discount, Chairman of insurance company M R Kumar said on Monday. "PMJJBY is part of that and reservation will be there (for the policyholders)," Kumar said in an interaction with the media. [...]

HGS bags contract worth Rs 2,100 cr from UK Health Security Agency

New Delhi, Feb 20 (PTI) Hinduja Global Solutions (HGS) on Sunday said its UK arm has bagged a contract worth Rs 2,100 crore to provide critical customer support to UK citizens for an initial period of two years. HGS UK Ltd bagged the contract from UK Health Security Agency (UKHSA), which is responsible for NHS [...]

Puravankara Q3 sales bookings up 17% to Rs 666 cr; 9 pc growth in Apr-Dec

Realty firm Puravankara Ltd's sales bookings rose 17 per cent to Rs 666 crore in the third quarter of this fiscal year on the back of higher volumes as well as per square feet price realisation. According to its investors presentation, Puravankara sold 0.99 million square feet area during October-December 2021-22 as against 0.91 million [...]

BSH Home Appliances aims to be Rs 5,000 cr company by 2026

New Delhi, Feb 20 (PTI) BSH Home Appliances, which manufactures and sells products under Bosch and Siemens brands, aspires to be a Rs 5,000 crore company in India by 2026 by increasing its market addressability with expansion of product line-up, a top company official said. The company is growing at 25-30 per cent rate and [...]

KPTL announces merger with JMC Projects

New Delhi, Feb 19 (PTI) Kalpataru Power Transmission Ltd on Saturday announced a merger with JMC Projects (India) Ltd which will create one of the largest engineering, procurement and construction (EPC) companies in the country. With the appointed date of April 1, 2022, the merger process is expected to be completed in Q4 FY23, it [...]

Ashok Leyland expects turnaround in CV biz, eyes 30 pc market share in FY23

New Delhi, Feb 17 (PTI) Hinduja flagship Ashok Leyland is eyeing a strong comeback in the commercial vehicle segment this year as it looks to consolidate its position in the intermediate commercial vehicle (ICV) segment and reap benefits of enhanced demand for its modular AVTR range, as per a top company official. The Chennai-based company [...]

NBCC Q3 net profit down 10 pc to Rs 87 cr

New Delhi, Feb 15 (PTI) State-owned NBCC Ltd has reported a 10 per cent decline in consolidated net profit at Rs 87.03 crore for the quarter ended December.Its profit stood at Rs 96.98 crore in the year-ago period.Total income also fell to Rs 2,056.31 crore in the third quarter of the fiscal from Rs 2,149.17 [...]

Coffee Day Global Q3 revenue up 28%; loss at Rs 23 cr

Coffee Day Global Ltd, which operates coffee chain CCD, has posted 27.58 per cent growth in net operational revenue at Rs 157.86 crore and narrowing of loss to Rs 23.01 crore, for December quarter 2021-22. The Cafe Coffee Day chain operator had logged a net operational revenue of Rs 123.73 for the year-ago period. Its [...]

Jet Airways posts Rs 104 crore loss in December quarter

New Delhi, Feb 14 (PTI) Grounded Jet Airways on Monday posted a net loss of Rs 104.19 crore in the three months ended December 2021. The airline had a net loss of Rs 44.09 crore in the year-ago period, according to a regulatory filing. In the latest December quarter, the carrier, which is working on [...]

NLC India Q3 profit 26 rises to Rs 230 cr

New Delhi, Feb 14 (PTI) NLC India Ltd on Monday reported a 25.5 per cent rise in consolidated profit to Rs 229.88 crore for the quarter ended on December 31, 2021 compared to Rs 183.15 crore in the year-ago period. Consolidated income of the company during October-December period increased to Rs 2,845.08 crore from Rs [...]

JB Chemicals Q3 Results: PAT drops 45% to Rs 84 cr

New Delhi, Feb 14 (PTI) JB Chemicals & Pharmaceuticals Ltd on Monday reported a 45 per cent decline in consolidated profit after tax (PAT) at Rs 84.12 crore for the third quarter ended December 2021. The company had posted a consolidated PAT of Rs 154.28 crore in the same period last fiscal, JB Chemicals & [...]

Gateway Distriparks’ PAT jumps 44 pc to Rs 47.9 cr in Dec quarter

Mumbai, Feb 14 (PTI) Integrated inter-modal logistics provider Gateway Distriparks Ltd on Monday reported a 44 per cent year-on-year jump in profit after tax (PAT) to Rs 47.92 crore in the December 2021 quarter. The company had posted a PAT of Rs 33.24 crore in the corresponding period last fiscal, GDL said in a statement. [...]

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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.

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