Latest News On Company Results

New Delhi, Feb 6 (PTI) The country's largest carmaker Maruti Suzuki India is expecting production activity to improve in the current quarter with gradual improvement in the supply of critical electronic components, a senior company official has said. The auto major is also looking at ways, including bolstering its SUV portfolio, in order to get [...]

New Delhi, Feb 5 (PTI) Ujjivan Small Finance Bank (SFB) trimmed its net losses significantly to Rs 34 crore in the quarter ended in December 2021 on the back of lower provisioning, increasing collection efficiency and highest-ever loan disbursals. The bank had posted a net loss of Rs 279 crore in the corresponding quarter a [...]

Mumbai, Feb 4 (PTI) Budget carrier IndiGo, which turned profitable in the December quarter on the back of higher passenger volumes, on Friday said the demand for corporate travel is returning gradually. "We are saw a recovery of almost 70 per cent of the recovery in corporate travel in December. But due to the third [...]

New Delhi, Feb 4 (PTI) Dalmia Bharat Sugar and Industries Ltd on Friday posted 52.5 per cent jump in consolidated net profit at Rs 56.58 crore during the third quarter of 2021-22. The company's net profit in the year-ago period stood at Rs 37.10 crore, according to a regulatory filing. Total revenue increased to Rs [...]

Mumbai, Feb 4 (PTI) Agri-business company Godrej Agrovet on Friday reported an 8.37 per cent decline in consolidated net profit at Rs 62.39 crore for the quarter ended December 2021. Godrej Agrovet's net profit stood at Rs 68.09 crore during the corresponding quarter of the previous fiscal, the company said in an exchange filing. Total [...]

New Delhi, Feb 4 (PTI) Liquor maker Radico Khaitan Ltd has reported a decline of 5.88 per cent in its consolidated net profit at Rs 79.13 crore for the third quarter ended December 2021. The company had posted a consolidated net profit of Rs 84.08 crore in the October-December quarter a year ago, Radico Khaitan [...]

Johannesburg, Feb 4 (PTI) Mahindra South Africa set a new record for monthly sales since it first started selling its range of automotive vehicles in the country 18 years ago, the subsidiary of the Indian automobile company has said.Figures released by the National Association of Automobile Manufacturers of South Africa (NAAMSA) showed that Mahindra hit [...]

Mumbai, Feb 3 (PTI) Affordable housing-focused Home First Finance, which primarily taps first-time homebuyers, is bullish on the market and is on course to disburse 30 per cent more loans over the last fiscal to close this year at around Rs 5,600 crore. The mortgage lender has been clocking a seven per cent growth in [...]

New Delhi, Feb 3 (PTI) Travel services provider Thomas Cook (India) Ltd on Thursday reported narrowing of its consolidated net loss at Rs 24.59 crore for the third quarter ended December 2021. The company had posted a consolidated net loss of Rs 66.24 crore in the same quarter last fiscal, Thomas Cook (India) said in [...]

Mumbai, Feb 3 (PTI) Non-banking financial company Mahindra and Mahindra Finance is aiming to reduce its net non-performing assets (NPA) ratio to below 4 per cent by March-end. In the quarter ended December 31, 2021, the company's net NPA (stage 3 assets), stood at 5.63 per cent (as per IND-AS accounting norms). Under the Reserve [...]

New Delhi, Feb 3 (PTI) Liquor maker Radico Khaitan Ltd on Thursday reported a decline of 5.88 per cent in its consolidated net profit at Rs 79.13 crore for the third quarter ended December 2021. The company had posted a consolidated net profit of Rs 84.08 crore in the October-December quarter a year ago, Radico [...]

New Delhi, Feb 3 (PTI) Realty major DLF Ltd has revised upwards its sales revenue potential by 17 per cent to Rs 47,000 crore from 35 million square feet of planned new launches of housing and commercial projects in the medium term.In an analyst presentation, DLF mentioned that it has planned the launch of 35 million square feet [...]

New Delhi, Feb 3 (PTI) IT company Cognizant on Thursday posted over 10 per cent growth in its full-year 2021 revenue at USD 18.5 billion, as it returned to double-digit annual revenue growth for the first time since 2015. The Nasdaq-listed company added a record 33,000 new college graduate hires in India in 2021. The [...]

New Delhi, Feb 2 (PTI) Agro-chemicals firm Dhanuka Agritech Ltd on Wednesday reported a six per cent increase in its consolidated net profit to Rs 42.51 crore for the quarter ended December. Its net profit had stood at Rs 40.04 crore in the year-ago period. Total income increased to Rs 363.58 crore in the third [...]

New Delhi, Feb 2 (PTI) Servotech Power Systems posted a consolidated net profit of Rs 1.07 crore in the December quarter, up from Rs 85.97 lakh in the same period a year ago. Total consolidated income of the company rose to Rs 41.42 crore in the quarter ended on December 31, 2021 from Rs 25.03 [...]

New Delhi, Feb 2 (PTI) The country's largest carmaker Maruti Suzuki India (MSI) on Wednesday said it has witnessed a marginal increase in production last month. In a regulatory filing, the auto major reported a total production of 1,61,383 units in last month as compared to 1,60,975 units in January 2021. "The shortage of electronic [...]

New Delhi, Feb 2 (PTI) Direct-to-consumer (D2C) lifestyle brand Zouk on Wednesday said it aims to garner Rs 100 crore annual revenue run rate by FY23 as it looks to expand product range and strengthen international operations across the US and Middle East.Founded by Disha Singh and Pradeep Krishnakumar, Zouk makes laptop bags, tote handbags, [...]

New Delhi, Feb 2 (PTI) Adani Green Energy on Wednesday posted a nearly 20 per cent rise in its consolidated net profit to Rs 49 crore in the October-December quarter compared to the year-ago period mainly on the back of higher revenues. The company had reported a consolidated net profit of Rs 41 crore in [...]

Pune, Maharashtra, India – Business Wire India The Board of Directors of Poonawalla Fincorp Limited (PFL), a non-deposit taking systemically important NBFC focusing on consumer and small business finance, today announced its un-audited results for the quarter ended December 31, 2021 (Q3FY22). The consolidated results include the performance of PFL’s housing finance subsidiary, Poonawalla Housing [...]

Chennai, Feb 1 (PTI) Cholamandalam Investment and Finance Company Ltd has recorded a standalone profit for the quarter ending December 31, 2021 at Rs 523.79 crore, the company said on Tuesday. The city-based financial services division of diversified conglomerate Murugappa Group company had registered standalone net profits at Rs 408.86 crore during the corresponding quarter [...]

Mumbai, Feb 1 (PTI) Auto industry-focused KPIT Technologies on Tuesday reported a 64 per cent jump in net profit to Rs 70.3 crore for the December quarter.The Pune-based company had reported a post-tax profit of Rs 42.974 crore in the year-ago period.Its total income increased to Rs 631 crore from Rs 523.9 crore the year-ago [...]

New Delhi, Feb 1 (PTI) Honda Motorcycle and Scooter India (HMSI) on Tuesday said its total sales declined by 19.97 per cent to 3,54,209 in January 2022. The two-wheeler maker had dispatched 4,37,183 units in January 2021."While the calendar year 2022 has started on a positive note compared to last month, the sales sentiment in [...]

New Delhi, Feb 1 (PTI) Procter & Gamble Hygiene and Health Care Ltd on Tuesday reported 15.38 per cent decline in net profit at Rs 212.06 crore for the second quarter ended December 31, 2021. The company, which follows July-June financial year, had posted a net profit of Rs 250.62 crore in the year-ago period, [...]

New Delhi, Feb 1 (PTI) Auto component maker Sona BLW Precision Forgings (Sona Comstar) on Tuesday said its consolidated net profit rose by 3.53 per cent to Rs 86.43 crore for the third quarter ended December 31, 2021. The company had reported a net profit of Rs 83.48 crore in the same period of previous [...]

New Delhi, Feb 1 (PTI) Triveni Turbine posted a nearly 30 per cent rise in its consolidated net profit at Rs 35.67 crore in the December quarter, mainly on the back of higher revenues. The company had reported a consolidated net profit of Rs 27.54 crore in the quarter ended December 2020, a BSE filing [...]

New Delhi, Feb 1 (PTI) Mid-sized motorcycle maker Royal Enfield, a part of Eicher Motors, on Tuesday reported a 15 per cent decline in total wholesales at 58,838 units in January this year. The company had reported sales of 68,887 units in January 2021. Domestic sales last month stood at 49,726 units, 23 per cent [...]

Adani Ports and Special Economic Zone Limited (APSEZ) on Tuesday reported a 6.20 per cent decline in consolidated profit at Rs 1,478.76 crore for the third quarter ended December 2021. The country's largest integrated logistics player had clocked a consolidated profit of Rs 1,576.53 crore in the corresponding period a year earlier, according to a regulatory [...]

New Delhi, Feb 1 (PTI) Shares of Hindustan Petroleum Corporation Ltd (HPCL) on Tuesday tumbled over 7 per cent after the firm reported a 63 per cent decline in third quarter net profit. The stock declined 7.15 per cent to settle at Rs 291.55 on BSE. During the day, it tanked 7.62 per cent to [...]

New Delhi, Feb 1 (PTI) Shares of GIC Housing Finance on Tuesday trimmed most of its early gains and settled marginally higher. In early trade, it jumped over 5 per cent after the company reported a 25.5 per cent increase in its standalone net profit in the quarter ended December 2021. The stock gained 5.08 [...]

New Delhi, Feb 1 (PTI) Hinduja flagship firm Ashok Leyland on Tuesday reported a 6 per cent increase in total commercial vehicle sales to 13,939 units in January 2022. The company had sold 13,126 units in the same month last year, Ashok Leyland said in a regulatory filing. Domestic sales were up 3 per cent [...]

New Delhi, Feb 1 (PTI) Hyundai Motor India on Tuesday reported a 11.11 per cent decline in total sales at 53,427 units in January 2022.The company had sold 60,105 units in the same month last year, Hyundai Motor India Ltd said in a statement. Domestic sales were down 15.35 per cent to 44,022 units last [...]

New Delhi, Feb 1 (PTI) Mahindra & Mahindra (M&M) on Tuesday said its total sales increased by 19.55 per cent to 46,804 units in January 2022. The company's total sales stood at 39,149 units in January 2021. The Mumbai-based auto major's passenger vehicle sales in the domestic market stood at 19,964 units last month as [...]

New Delhi, Feb 1 (PTI) Honda Cars India Ltd (HCIL) on Tuesday reported a 3 per cent decline in total sales at 12,149 units in January. The company had sold a total of 12,552 units in the same month last year. Domestic sales were at 10,427 units last month compared to 11,319 units in January [...]

New Delhi, Feb 1 (PTI) State-owned CIL's production registered an increase of 6.7 per cent to 64.5 million tonnes (MT) in January. The company's output in the corresponding month of the previous financial year had stood at 60.4 MT, Coal India Ltd (CIL) said in a filing to the BSE. CIL's output in the April-January [...]

New Delhi, Feb 1 (PTI) Toyota Kirloskar Motor (TKM) on Tuesday said its domestic wholesales declined by 34 per cent to 7,328 units in January. The company had sold 11,126 units in the domestic market in January 2021. The automaker sells models like Innova Crysta and Fortuner in the country. PTI MSS RUJ RUJ

New Delhi, Feb 1 (PTI) TVS Motor Company on Tuesday reported a 13.14 per cent decline in total sales to 2,66,788 units in January. The Chennai-based company had sold 3,07,149 units in the same month last year. Total two-wheeler sales for January 2022 declined 13.73 per cent to 2,54,139 units as against 2,94,596 units in [...]

New Delhi, Feb 1 (PTI) VE Commercial Vehicles on Tuesday reported a 4 per cent decline in total sales at 5,434 units in January. The company, a joint venture between Volvo Group and Eicher Motors, had sold 5,673 units in the same month last year, VE Commercial Vehicles (VECV) said in a statement. Last month's [...]

New Delhi, Feb 1 (PTI) The country's largest carmaker Maruti Suzuki India (MSI) on Tuesday reported a 3.96 per cent fall in total wholesales at 1,54,379 units in January. The company had sold 1,60,752 units in January 2021, MSI said in a statement. Last month, the company's domestic sales slipped 8 per cent to 1,36,442 [...]

Mumbai, Feb 1 (PTI) Tata Motors on Tuesday reported 27 per cent year-on-year growth in total vehicle sales, including in the international markets, at 76,210 units in January 2022. The company's total sales in January 2021 was 59,866 vehicles, Tata Motors said in a statement. Total domestic sales grew 26 per cent at 72,485 units [...]

New Delhi, Feb 1 (PTI) Shares of GIC Housing Finance on Tuesday jumped over 5 per cent after the company reported a 25.5 per cent increase in its standalone net profit in the quarter ended December 2021. The stock gained 5.08 per cent to Rs 167.25 on the BSE. At the NSE, it jumped 5.46 [...]

New Delhi, Feb 1 (PTI) MG Motor India on Tuesday said its retail sales increased 20 per cent to 4,306 units in January as compared to the same period a year ago. The auto maker had retailed 3,602 units in January 2021. "The supply remains affected due to the ongoing global semiconductor shortage, which has led [...]

Mumbai, Jan 31 (PTI) IPO-bound BVG India, the largest pureplay facility management player that lists the Parliament House, Rashtrapati Bhawan, the 7 RCR, Supreme Court, and the RBI headquarters among dozens of other key installations as its clients, hopes to cross the Rs 2,000-crore revenue mark this fiscal as it looks to focus more on [...]

New Delhi, Jan 31 (PTI) GIC Housing Finance on Monday reported a 25.5 per cent increase in its standalone net profit at Rs 76.53 crore in the quarter ended December 2021. The company had registered a net profit of Rs 61 crore in the same quarter a year earlier. Sequentially, the net profit was higher [...]

Mumbai, Jan 31 (PTI) Microfinance institution Satin Creditcare Network Ltd (SCNL) on Monday reported a profit after tax of Rs 34 crore in the quarter ended December. The company had reported a loss of Rs 80 crore in the year-ago period. Its net interest income grew Rs 194 crore in the December quarter as against [...]

New Delhi, Jan 31 (PTI) Godawari Power and Ispat Ltd (GPIL) on Monday reported an over two-fold jump in net profit at Rs 336.87 crore for the quarter ended December 31, 2021. In the year-ago quarter, the company's "net profit from ordinary activities after tax" stood at Rs 166.36 crore. Total income from operations was [...]

Thiruvananthapuram, Kerala, India (NewsVoir) Despite the overall stressful economic situation owing to the COVID-19 pandemic, the Kerala State Industrial Development Corporation managed a stellar performance in the first three quarters of the current fiscal. The 325th Board meeting of KSIDC held on 22.01.2022 considered the business performance of the Corporation for the first 9 months [...]

New Delhi, Jan 31 (PTI) The telecom sector reforms are poised to boost 4G proliferation, infuse liquidity and create an enabling environment for investment into 5G networks, according to Economic Survey 2021-22.In the wake of "outstanding performance" of the telecom sector in meeting COVID-19 challenges and with a huge surge in data consumption due to [...]

Mangaluru, Jan 29 (PTI) The private sector Karnataka bank has posted a net profit of Rs 146.42 crore for the third quarter of current financial year with a year-on-year growth rate of 8.16 percent as against Rs 135.37 crore net profit earned during the corresponding quarter of the previous year. The financial results for the [...]