Latest News On Company Results

New Delhi, Feb 14 (PTI) Sterling and Wilson Renewable Energy on Monday reported a consolidated net loss of Rs 428.78 crore in the quarter ended December 2021. The company had posted a consolidated net profit of Rs 22.45 crore in the quarter ended December 2020, according to a BSE filing. Total income of the company [...]

New Delhi, Feb 14 (PTI) Power trading solutions provider PTC India's board on Monday decided to defer its financial results for the October-December period as those of its arm PTC India Financial Services (PFS) were not available for consolidation. In a regulatory filing, the company stated that "PFS, in which the Company holds 64.99 per [...]

New Delhi, Feb 14 (PTI) Future Retail Ltd (FRL) on Monday reported the widening of its consolidated net loss to Rs 1,063.36 crore for the third quarter ended on December 31, 2021. The company had posted a net loss of Rs 846.92 crore in the corresponding quarter last year, FRL said in a BSE filing. [...]

New Delhi, Feb 14 (PTI) Direct-to-home firm Dish TV India Ltd on Monday reported a 7.17 per cent decline in its consolidated net profit to Rs 80.21 crore for the third quarter ended in December 2021. The company had reported a net profit of Rs 86.41 crore in the October-December quarter a year ago, Dish [...]

New Delhi, Feb 14 (PTI) Natco Pharma on Monday said its consolidated net profit increased by 27 per cent to Rs 80.4 crore for the third quarter ended December 31, 2021.The Hyderabad-based company had reported a net profit of Rs 63.4 crore in the October-December period of previous fiscal.Revenue from operations rose to Rs 560.5 [...]

New Delhi, Feb 14 (PTI) Realty firm Parsvnath Developers Ltd on Monday reported a consolidated net loss of Rs 68.87 crore for the quarter ended in December. Its net loss stood at Rs 126.32 crore in the year-ago period. Total income rose to Rs 301.44 crore in the third quarter of this fiscal year from [...]

New Delhi, Feb 14 (PTI) Shree Renuka Sugars Ltd has reported a consolidated net profit of Rs 42.8 crore for the quarter ended December 31. The company had posted a net loss of Rs 141.2 crore in the year-ago period. Total income rose to Rs 2,025.3 crore in the third quarter of this fiscal year [...]

New Delhi, Feb 14 (PTI) State-owned Bharat Heavy Electricals Ltd (BHEL) on Monday said it has bagged an order from Hindustan Aeronautics Ltd to supply compact heat exchanger sets for Tejas aircraft. "Bharat Heavy Electricals Limited has received a prestigious order for the supply of compact heat exchanger sets for 83 LCA Tejas MK1A aircrafts, [...]

New Delhi, Feb 13 (PTI) Edible oil major Ruchi Soya Industries Ltd on Sunday reported a 3 per cent increase in its net profit to Rs 234.07 crore for the quarter ended in December 2021. Its net profit stood at Rs 227.44 crore in the year-ago period. Total income rose by 41 per cent to [...]

New Delhi, Feb 13 (PTI) Dhampur Sugar Mills Ltd on Sunday reported a 39 per cent increase in its consolidated net profit to Rs 76.01 crore for the quarter ended in December. Its net profit stood at Rs 54.56 crore in the year-ago period. Total income, however, fell to Rs 964.27 crore in the third [...]

New Delhi, Feb 13 (PTI) Bank of Maharashtra (BoM) has become top performer among public sector banks (PSBs) in terms of growth in deposit mobilisation in the third quarter ended in December 2021, according to an analysis. The Pune-headquartered lender recorded a 15.21 per cent increase in total deposits at Rs 1,86,614 crore in the [...]

New Delhi, Feb 13 (PTI) Country's largest lender State Bank of India (SBI) is expecting to recover around Rs 8,000 crore from written-off accounts, including from NCLT resolved cases, in the current fiscal year to be ending on March 31, 2022. During the third quarter ended December 2021, SBI recovered Rs 1,500 crore from written-off [...]

New Delhi, Feb 12 (PTI) Multi-system operator Siti Networks Ltd on Saturday reported widening of its net loss to Rs 61.56 crore for the third quarter ended in December 2021. The company had posted a net loss of Rs 57.66 crore during the October-December quarter of the previous fiscal, Siti Networks Ltd, formerly known as [...]

New Delhi, Feb 12 (PTI) Hospital chain Max Healthcare Institute Ltd on Saturday reported a consolidated profit after tax (PAT) and share of associates at Rs 189.75 crore for the third quarter ended December 31, 2021. The company had posted a PAT and share of associates at Rs 90.36 crore for the year-ago period, Max [...]

New Delhi, Feb 12 (PTI) Muthoot Finance on Saturday reported a rise of 4 per cent in its consolidated net profit at Rs 1,043.60 crore in the quarter ended December 2021. The Company's net profit stood at Rs 1,006.60 crore in the corresponding quarter a year ago. Total income during October-December 2021-22 rose by 5 [...]

Mumbai, Feb 12 (PTI) Jain Irrigation Systems on Saturday reported narrowing of its consolidated loss to Rs 72.03 crore during the third quarter of this financial year on the back of a higher income. The company's loss stood at Rs 122.84 crore during the corresponding period of the previous financial year, Jain Irrigation Systems said [...]

Highlights for Q3 FY 2021-22 - India Business grew by 14.2% to Rs. 10,069 Mn.- ROW Business grew by 24.3% to Rs. 4,178 Mn.- Europe Business grew by 21.5% to Rs. 3,807 Mn.- EBITDA of Rs. 6,932 Mn grew by 30.8% YoY, with margins of 21.8%. MUMBAI, India, Feb. 11, 2022 /PRNewswire/ -- Glenmark Pharmaceuticals [...]

New Delhi, Feb 11 (PTI) The New India Assurance Company on Friday reported a 5.8 per cent drop in net profit at Rs 491 crore for the quarter ended December 2021. The non-life insurer had posted a net profit of Rs 521 crore in the same quarter a year ago. Sequentially, net profit jumped over [...]

New Delhi, Feb 11 (PTI) Fortis Healthcare on Friday said its consolidated profit after tax (PAT) rose by over twofold to Rs 142 crore in the third quarter ended December 31, 2021. The company had reported a PAT of Rs 54 crore in the corresponding period last fiscal. Its revenue during October-December 2021 rose to [...]

New Delhi, Feb 11 (PTI) Ujjivan Financial Services on Friday posted narrowing of consolidated net loss to Rs 181.56 crore for the quarter ended December 31, 2021. In the year-ago period, net loss was Rs 490.73 crore.Net loss widened as compared to Rs 68.18 crore posted for the previous September quarter. Total income during third [...]

New Delhi, Feb 11 (PTI) Inox Wind on Friday reported widening of its net loss to Rs 63.95 crore for the December quarter, mainly due to lower revenues. The company had posted a consolidated net loss of Rs 51.97 crore in the quarter ended December 31, 2020, it said in a BSE filing. Total income [...]

New Delhi, Feb 11 (PTI) Shares of auto component major Motherson Sumi on Friday tumbled nearly 5 per cent after the company reported a 79.96 per cent drop in its consolidated net profit for the third quarter ended December 31,2021.The stock tanked 4.82 per cent to settle at Rs 171.70 on BSE. During the day, [...]

Mumbai, Maharashtra, India (NewsVoir) Tilaknagar Industries Limited (BSE: 507205) (NSE: TI), one of the leading Indian-Made Foreign Liquor (IMFL) manufacturers, has reported a net profit of Rs. 10 crore for the quarter ended December 2021 as against a net loss of Rs. 3.9 crore in the corresponding quarter a year ago. TI registered a 23 [...]

Kolkata, Feb 11 (PTI) Net profit of Magadh Sugar and Energy Limited (MSEL) during the third quarter of current fiscal increased to Rs 20 crore as compared to Rs 15 crore in the previous similar period, a company statement said on Friday. Total income of the company during the quarter stood lower at Rs 203 [...]

New Delhi, Feb 11 (PTI) Paints and coatings maker Akzo Nobel India Ltd on Friday reported a 4.06 per cent decline in its consolidated net profit to Rs 83.82 crore for the third quarter ended December 2021, dragged by inflationary headwinds in raw material inputs. The company had posted a net profit of Rs 87.37 [...]

Cement maker The India Cements Ltd has reported a standalone profit for the quarter ending December 31, 2021 at Rs 3.30 crore, a senior official said on Friday. The city-based company had registered standalone profits at Rs 62.02 crore during the corresponding quarter in the previous year. For the nine month period ending December 31, [...]

New Delhi, Feb 11 (PTI) JSW Steel on Friday reported 15 per cent rise in crude steel production at 16.46 lakh tonne for the month of January. The company's crude steel production was at 14.32 lakh tonne (LT) in January 2021, JSW Steel said in a filing to BSE. "JSW Steel reported the crude steel [...]

Mumbai, Feb 10 (PTI) Business services provider Quess Corp on Thursday reported a 93.47 per cent jump in consolidated profit after tax (PAT) to Rs 89 crore for the quarter ending December 31, 2021. The company's PAT had stood at Rs 46 crore during the corresponding quarter of 2020-21, Quess Corp said in a statement. [...]

New Delhi, Feb 10 (PTI) More than USD 7 billion was raised by Indian start-ups during the fourth quarter of 2021, which was 18 per cent higher than the previous sequential quarter, according to a report. The report by NASSCOM and Praxis Global revealed that fintech and retail tech were the top sector in Q4 [...]

New Delhi, Feb 10 (PTI) FSN E-Commerce Ventures Ltd, which runs an online marketplace for beauty and wellness products firm Nykaa, expects strong momentum in the business as the impact of the COVID-19 pandemic recedes and the situation becomes normal, according to a top official of the company. Nykaa, which focuses on beauty, fashion and [...]

New Delhi, Feb 10 (PTI) Mindspace Business Parks REIT on Thursday reported a 4 per cent increase in its net operating income to Rs 371.5 crore and declared distribution of Rs 275.2 crore for its unitholders for the quarter ended in December. In a regulatory filing, the company informed that it has declared distribution of [...]

Mumbai, Feb 10 (PTI) Lubes maker Gulf Oil on Thursday reported an eight per cent drop in profit after tax (PAT) to Rs 58.63 crore for the December 2021 quarter. Gulf Oil had posted a PAT of Rs 64 crore in the corresponding quarter last year, the company said in a statement. At the same [...]

Chennai, Feb 10 (PTI): Manufacturer of abrasives Carborundum Universal Ltd (CUMI) has reported consolidated profit for the quarter ending December 31, 2021 at Rs 110.91 crore, the company said on Thursday. The city-based company, part of the diversified conglomerate Murugappa Group, had reported consolidated net at Rs 86.62 crore during the corresponding quarter previous year. [...]

Mumbai, Feb 10 (PTI) Tata Chemicals on Thursday reported a 69.39 per cent growth in consolidated profit after tax (PAT) to Rs 340 crore for the quarter ended December 31, 2021. The company's PAT had stood at Rs 200.72 crore during the corresponding quarter last year, Tata Chemicals said in a regulatory filing. Its revenue [...]

New Delhi, Feb 10 (PTI) Diagnostics chain Dr Lal PathLabs Ltd on Thursday reported a consolidated net profit of Rs 58.2 crore in the third quarter ended in December 2021. The company had posted a consolidated net profit of Rs 95.9 crore in the same quarter last fiscal, Dr Lal PathLabs said in a regulatory [...]

New Delhi, Feb 10 (PTI) Amara Raja Batteries on Thursday said its consolidated net profit declined 25.25 per cent to Rs 145.30 crore in the third quarter ended December 31, 2021. The company had reported a net profit of Rs 193.69 crore in the corresponding quarter of the previous fiscal. Its revenue from operations, however, [...]

New Delhi, Feb 10 (PTI) General Insurance Corporation of India on Thursday reported a net loss of Rs 28.48 crore in the quarter ended December 2021, due to higher underwriting losses. The general insurer had posted a net profit of Rs 987.42 crore in the year-ago quarter. Sequentially, there was a net profit of Rs [...]

New Delhi, Feb 10 (PTI) ABB India on Thursday posted three-fold jump in net profit to Rs 194 crore for December quarter 2021, mainly on the back of higher revenues. The company follows January to December financial year. It had reported a net profit of Rs 62 crore for the quarter ended December 31, 2020. [...]

New Delhi, Feb 10 (PTI) Renewable energy capacity addition increased 80 per cent to 3.4 gigawatts (GW) during the December 2021 quarter compared to a year ago, according to CEEW-CEF. New capacity addition of non-hydro renewable energy increased to 3.4 GW during the third quarter of FY22, compared to just 1.9 GW installed in the [...]

Consolidated Earnings: EBIDTA up 39%, PBT up 36% and cumulative PAT at Rs. 1703.17 Lakhs MUMBAI, India, Feb. 9, 2022 /PRNewswire/ -- La Tim Metal & Industries (BSE: LATIMMETAL) (Script Code # 505693), a listed company in the flat steel trade since 1987 and dealing in Colour Coated Steel, continues to deliver Robust performance for [...]

Mumbai, Feb 9 (PTI) Lenders to Future Retail have classified the account as a non-performing asset (NPA), but do not want to take any pre-emptive action and have asked the company to submit a "viable" resolution plan. "There is no deference (in classification of Future Retail as NPA) or so. All of us (banks) have [...]

*SWELECT Energy System reports Dec qtr profit at Rs 18.6 cr New Delhi, Feb 9 (PTI) SWELECT Energy Systems' consolidated net profit jumped over two-fold to Rs 18.67 crore in December quarter compared to year ago mainly on the back of higher revenues. The company reported consolidated net profit of Rs 8.90 crore in the [...]

Tamilnadu Petroproducts Ltd (TPL), a part of AM International, Singapore, on Wednesday reported standalone profit after tax at Rs 46.95 crore for the quarter ending December 31, 2021. The Chennai-based petrochemical manufacturing company saw a standalone profit after tax at Rs 21.87 crore during the corresponding quarter the previous year. Revenues for the quarter under [...]

RP-Sanjiv Goenka Group arm Spencer's Retail Ltd on Wednesday reported narrowing of its consolidated net loss to Rs 26.77 crore for the third quarter ended December 2021. The company had posted a net loss of Rs 29.63 crore in the October-December period a year ago, Spencer’s Retail Ltd (SRL) said in a regulatory filing. Revenue [...]

India operations revenue up by 34% to Rs. 618 Crs., EBITDA up by 98% to Rs. 107 Crs. over Q3 FY21 and PAT from a loss of Rs. 8 Crs. to a profit of Rs. 36 Crs. YoY India – Business Wire India Aster DM Healthcare, one of the largest private healthcare service providers in [...]

New Delhi, Feb 9 (PTI) Jindal Steel and Power on Wednesday reported "meaningful recovery" in steel sales, despite low railway rake availability and stressed that sales volume registered a year-on-year growth of 20 per cent to 6.95 lakh tonnes in January this year. Inventories continued to decline for the second consecutive month with the company [...]

New Delhi, Feb 9 (PTI) Realty firm Kolte-Patil Developers Ltd has reported a 76 per cent decline in its consolidated net profit at Rs 5.37 crore for the quarter ended December. Its net profit stood at Rs 22.47 crore in the year-ago period. Total income rose to Rs 244.7 crore in the third quarter of [...]

ODENSE, Denmark and SINGAPORE, Feb. 9, 2022 /PRNewswire/ -- Universal Robots, the Danish producer of collaborative robots, has reported record annual revenue of USD 311m, 41% up on 2020 and 23% up on pre-pandemic results in 2019. The company's President, Kim Povlsen said: 'Universal Robots has had a great year. In a company like ours, [...]

- 9MFY22 PAT at INR 831 mn, up by 97% YoY - The Board recommends an interim dividend of 30%; Subdivision of shares from INR 10 to INR 2 MUMBAI, India, Feb. 8, 2022 /PRNewswire/ -- Goldiam International Ltd. (Goldiam), an integrated manufacturer and supplier of fine diamond jewellery to leading retailers and wholesalers in [...]

Morepen Laboratories on Tuesday said its net profit declined 9.54 per cent to Rs 21.52 crore in the third quarter ended December 31, 2021. The drug maker had reported a net profit of Rs 23.79 crore in the same period of previous fiscal year. Net revenue however rose to Rs 399.19 crore in the third [...]

GANDHINAGAR, India, Feb. 8, 2022 /PRNewswire/ -- The Board of Directors of GACL at its Meeting held at Gandhinagar on 8th February, 2022 approved the unaudited financial results for the third quarter and the nine months ended 31st December 2021. Despite aggressive competition and the volatile market conditions during the quarter ended 31st December 2021, [...]

Mumbai, Feb 8 (PTI) French automaker Renault on Tuesday said it has crossed the 8-lakh cumulative sales milestone in India, in a decade of its presence in the domestic market. It also said that despite the challenges faced by the industry owing to the pandemic and supply constraints, 2021 proved to be a remarkable year [...]

New Delhi, Feb 8 (PTI) Godrej & Boyce on Tuesday said it has bagged orders worth over Rs 550 crore in the domestic T&D (transmission and distribution) market for its power transmission business."Godrej & Boyce Mfg. Co. Ltd, one of the pioneers in manufacturing, announced that its power infrastructure and renewable energy business unit has [...]

New Delhi, Feb 7 (PTI) Telecom gear company Huawei has bagged an around Rs 150 crore order for maintenance of Bharti Airtel's transmission network, a source said on Monday. The order is part of an existing deal between Huawei and Airtel and is in compliance with the National Security Directive on Telecommunication that allows continuation [...]

New Delhi, Feb 7 (PTI) State-owned Punjab & Sind Bank (PSB) on Monday reported a net profit of Rs 301 crore for the quarter ended December 2021 as the lender saw good growth in overall business mix and better cash recoveries following its turnaround strategy started a year back. The lender had posted a net [...]

New Delhi, Feb 7 (PTI) Gujarat Industries Power Company Ltd (GIPL) on Monday reported a nearly nine per cent fall in its standalone net profit to Rs 27.91 crore for the December 2021 quarter, mainly due to lower revenues. The company had reported a standalone net profit of Rs 30.60 crore in the quarter ended [...]

New Delhi, Feb 7 (PTI) Shares of InterGlobe Aviation, the parent of IndiGo, zoomed nearly 10 per cent after the firm posted a profit after tax of Rs 129.8 crore in the three months ended December 2021. The stock jumped 9.91 per cent to settle at Rs 2,170.05 on BSE. During the day, it gained [...]

Chennai, Tamil Nadu, India (NewsVoir) TVS Motor Company reported a highest ever operating revenue of Rs. 5,706 Crores in the third quarter of 2021-22 as against Rs. 5,391 Crores in the third quarter ended December 2020. The Company’s Operating EBITDA margin is at 10% during the quarter as against 9.5% during the third quarter ended [...]

New Delhi, Feb 7 (PTI) Future Supply Chain Solutions Ltd (FSCSL) on Monday reported narrowing down of its net loss to Rs 4.29 crore for the third quarter ended December 2021. The company had posted a net loss of Rs 41.27 crore in the October-December quarter a year ago, said FSCSL, the Future group's supply [...]

MUMBAI, India, Feb. 7 , 2022 /PRNewswire/ -- La Tim Metal & Industries (BSE: LATIMMETAL) (Script Code # 505693), a listed company in the steel trade since 1987, dealing with importing and trading of Colour Coated Steel Sheets, have launched their new website today. The new website has a fresh new look with a moving [...]

New Delhi, Feb 7 (PTI) Transformers and Rectifiers on Monday posted about five-fold jump in consolidated net profit to Rs 5.6 crore for December quarter 2021-22 mainly due to higher income. The company had logged a net profit of Rs 1.14 crore in the year-ago period, a BSE filing said. Total income rose to Rs [...]

State-owned Punjab & Sind Bank (PSB) on Monday reported a net profit of Rs 301 crore for the quarter ended December 2021 on healthy growth in core income and fall in provisioning requirement. The lender had posted a net loss of Rs 2,376 crore in the same quarter a year ago. Sequentially, the net profit [...]

Shares of Tata Steel jumped over 3 per cent after the company's consolidated net profit more than doubled for the quarter ended December 2021. The stock gained 3.25 per cent to Rs 1,214.45 on the BSE. On the NSE, it jumped 3.25 per cent to Rs 1,214.60. Steel major Tata Steel on Friday said its [...]

Mumbai, Feb 6 (PTI) India Infrastructure Finance Company Ltd (IIFCL) on Sunday said it has forayed into the long-term infrastructure bond market by subscribing to a non-convertible debt issued by Virescent Renewable Energy Trust (VRET), an infrastructure investment trust (InvIT). The total size of the issue was Rs 650 crore and IIFCL has invested Rs [...]

Mumbai, Feb 6 (PTI) State-owned Bank of Baroda (BoB) said it is on track to achieve a loan growth of 7-10 per cent in the current financial year and expects advances to grow 10-12 per cent in the financial year 2022-23, its Managing Director and CEO Sanjiv Chadha said. In the quarter ended December 2021, [...]

New Delhi, Feb 6 (PTI) A committee is being set up to suggest guidelines for sanction of R&D funds, to the tune of Rs 450-500 crore, which will be allocated from the portion of USOF annual collections following the recent Budget announcement, according to DoT Secretary K Rajaraman. The committee, which is being constituted, is expected [...]

New Delhi, Feb 6 (PTI) Godrej Properties expects record sales bookings during this quarter, beating the previous high of Rs 2,632 crore, driven by new launches of around 10 housing projects amid the strong revival of demand. In an interview with PTI, Godrej Properties Ltd (GPL) Executive Chairman Pirojsha Godrej said the residential market has [...]

New Delhi, Feb 6 (PTI) Bayer Cropscience Ltd has reported a net profit of Rs 84.8 crore in the third quarter ended December 2021, despite unseasonal rains, crop infestations and a challenging corn season. The company had posted a net loss of Rs 45.1 crore in the corresponding quarter last fiscal. Net revenues rose to [...]

New Delhi, Feb 6 (PTI) NHPC's 2,880-megawatt (MW) Dibang hydropower project in Arunachal Pradesh is expected to kick-off in the first quarter of 2022-23 "with in-hand forest and environment clearances", its Chairman and Managing Director Abhay Kumar Singh said. The company is waiting for the financial approval of the government which is expected soon, Singh [...]