Godrej Consumer Products Q1 ‘24 Results: Company Reports 7.6% Decrease in Net Income
FMCG major Godrej Consumer Products Ltd on Monday reported a 7.62 per cent decline in consolidated net profit to Rs 318.82 crore in the June quarter due to expenses incurred on exceptional items. The company, which had posted a net profit of Rs 345.12 crore in the April-June period last year, said its board on [...]
Bayer CropScience Q1 ‘24 Results: Company Reports 8.6% Increase in Net Income
Bayer CropScience on Monday posted an 8.55 per cent increase in net profit to Rs 328.5 crore for the June quarter on the back of higher income. Its net profit was Rs 302.6 crore in the same quarter of the previous financial year, according to a regulatory filing. Total income of the company in the [...]
Max Healthcare Q1 ‘24 Results: Company Reports 27% Increase in Net Income
Max Healthcare Institute on Monday said its profit after tax (PAT) increased by 27% to Rs 291 crore in the June quarter. The healthcare provider said its PAT stood at Rs 229 crore in the April-June quarter of the last fiscal. Net revenue increased to Rs 1,629 crore in the June quarter from Rs 1,393 [...]
EFC (I) Q1 ‘24 Results: Company’s Net Income Rises 5 Fold
EFC (I) Ltd, an integrated office infrastructure and design company, has reported a multi-fold jump in its consolidated net profit at Rs 3.17 crore in the first quarter of this fiscal year. Its net profit stood at Rs 25.77 lakh in the year-ago period. Total income also grew sharply to Rs 57.04 crore in the [...]
India Cements Q1 Results: Company reports Net Operating Loss of Rs. 73.6 Crore
India Cements Ltd on Monday reported a consolidated net loss of Rs 73.58 crore in the April-June quarter mainly due to reduction in selling price and loss of volume. The company had posted a net profit of Rs 83.83 crore during the April-June quarter a year ago, India Cements Ltd (ICL) said in a regulatory [...]
Keystone Realtors Q1 Results: Company Reports 9 fold Increase in Net Income YoY
Realty firm Keystone Realtors Ltd on Monday reported an over 9-fold jump in its consolidated net profit at Rs 46.97 crore for the June quarter on higher income. Its net profit stood at Rs 4.97 crore in the year-ago period. Total income increased to Rs 282.82 crore during the April-June period of 2023-24 fiscal from [...]
Top Latest News on Company Results
Happiest Minds Technologies Q3 Net profit jumps 16.1% to Rs 48.92 cr
IT firm Happiest Minds Technologies Ltd on Friday reported a 16.1 per cent jump in consolidated net profit to Rs 48.92 crore for the December 2021 quarter. The company had posted a net profit of Rs 42.15 crore in the year-ago period. Its revenue during October-December 2021 grew 47.2 per cent to Rs 283.94 crore [...]
Karnataka Bank Q3 Results: Net profit rises 8% to Rs 146 cr
Private sector Karnataka Bank on Friday reported an 8 per cent rise in net profit at Rs 146.42 crore for the quarter ended December 2021 on the back of a fall in provisions for bad loans and contingencies. The bank had posted a net profit of Rs 135.37 crore in the same quarter a year [...]
GSFC Q3 net profit jumps to Rs 245.53 cr
New Delhi, Jan 28 (PTI) Gujarat State Fertilisers and Chemicals Ltd (GSFC) on Friday reported a more than two-fold jump in its consolidated net profit at Rs 245.53 crore for the quarter ended December. Its net profit stood at Rs 97.25 crore in the year-ago period. Total income rose to Rs 2,697.58 crore in the [...]
Suzlon Energy posts net profit of Rs 37 cr in Dec quarter
New Delhi, Jan 28 (PTI) Suzlon Energy on Friday posted a consolidated net profit of Rs 37.73 crore in the December 2021 quarter. The company had reported a consolidated net loss of Rs 118.06 crore in the quarter ended on December 31, 2020, according to a BSE. Its total income rose to Rs 1,615.06 crore [...]
Oberoi Realty Q3 Results: Consolidated net profit rises 63%
Mumbai-based Oberoi Realty Ltd on Friday reported a 63 per cent increase in its consolidated net profit at Rs 467.53 crore for the quarter ended December. Its net profit stood at Rs 286.65 crore in the year-ago period. Total income rose to Rs 846.19 crore during October-December period of this fiscal year from Rs 837.57 [...]
Equitas SFB reports flat growth in net profit at Rs 108 cr in Dec qtr
New Delhi, Jan 28 (PTI) Equitas Small Finance Bank (SFB) on Friday reported flat growth in its net profit at Rs 108 crore for the quarter ended December 2021, with marginal rise in total income and interest income. The South-based SFB had posted a net profit of Rs 111 crore in the year-ago quarter. Total [...]
Business briefs
*Nothing appoints ex-Dyson executive Adam Bates as Design Director New Delhi, Jan 28 (PTI) Consumer technology brand Nothing on Friday said it has appointed former Dyson executive Adam Bates as the Design Director.Bates' focus will be on launching Nothing's first design hub in London, a statement said.Bates spent over 14 years at Dyson as a [...]
Shriram City Union Finance Q3 Results: Profit up 6% at Rs 322 cr
New Delhi, Jan 28 (PTI) Shriram City Union Finance on Friday reported 6 per cent rise in consolidated net profit at Rs 322 crore for the quarter ended December 2021, recording the highest ever lending. The Chennai-based non-banking finance company (NBFC) had posted a net profit of Rs 304 crore in the year-ago quarter. Income [...]
Blue Dart Express’ Q3 Results: Profit after tax jumps 29.5%
Mumbai, Jan 28 (PTI) Logistics major Blue Dart Express on Friday reported a 29.5 per cent jump in consolidated profit after tax (PAT) to Rs 123.40 crore for the December 2021 quarter. The company had posted a consolidated PAT of Rs 95.30 crore in the corresponding quarter last year, it said in a statement. Its [...]
AU Small Finance Bank’s Q3 Results: Net profit soars 68%
Mumbai, Jan 28 (PTI) The Jaipur-based AU Small Finance Bank on Friday said strong loan sales and better asset quality have helped it post a strong set of financial numbers with a 68 per cent growth in net profit for three months to December 2021. Fund-based disbursements increased 33 per cent in the reporting quarter [...]
Economy needs more hand-holding, fiscal correction can wait: Report
Mumbai, Jan 28 (PTI) Warning that any sudden and sharp fiscal consolidation steps can throttle the nascent and uneven recovery of the Indian economy, a Wall Street brokerage has said the Budget should instead focus on boosting overall demand, from rural consumption in particular, and invest more in infrastructure. The successive waves of the pandemic [...]
Low impairment charges push Dr Reddy’s net profit to Rs 706.5 crore in Q3
Hyderabad, Jan 28 (PTI) Dr Reddy’s Laboratories Limited on Friday reported a 3,468 percent jump in net profit to Rs 706.50 crore in the quarter ended December from a year ago on the back of a steep fall in impairment charges. A senior official of the company said the profit after tax during the same [...]
Crompton Greaves Consumer Electricals Q3 Results: Net profit falls 7.8%
New Delhi, Jan 28 (PTI) Crompton Greaves Consumer Electricals Ltd (CGCEL) on Friday reported a 7.84 per cent decline in its consolidated net profit to Rs 148.26 crore for the third quarter ended December 2021, on account of inflationary pressures on input materials. The company had posted a net profit of Rs 151.09 crore in [...]
United Breweries Q3 Results: Consolidated net profit down 28%
New Delhi, Jan 28 (PTI) United Breweries Ltd, majorly owned by Dutch multinational brewing company Heineken NV, on Friday reported 28.4% decline in consolidated net profit at Rs 91.02 crore for December quarter 2021-22 on account of inflationary pressures. The company had posted a net profit of Rs 127.19 crore in the year-ago period, United [...]
GE Shipping Q3 Results: Net profit jumps 16.4%
New Delhi, Jan 28 (PTI) Great Eastern Shipping Company Ltd (GE Shipping) on Friday reported a 16.42 per cent jump in consolidated net profit to Rs 205.29 crore for the December 2021 quarter. The country's largest private ship liner had posted a profit of Rs 176.33 crore in the year-ago quarter, the company said in [...]
Kotak Mahindra Bank Q3 Results: Standalone net profit rises 31%
Private sector lender Kotak Mahindra Bank on Friday reported a 30.79 per cent jump in its consolidated December quarter net profit at Rs 3,402.74 crore, helped by an all-round performance across subsidiaries. On a standalone basis, the city-based lender posted a 15 per cent rise in post tax net profit at Rs 2,131.36 crore, with [...]
Embassy REIT Q3 operating income at Rs 621cr; weighs acquisition of 5 mn sq ft area in Chennai
New Delhi, Jan 28 (PTI) Embassy Office Parks REIT on Friday reported 30 per cent increase in net operating income at Rs 621.3 crore and will distribute Rs 493 crore to unitholders for the quarter ended December 2021. Its net operating income (NOI) and distribution to unitholders stood at Rs 478 crore and Rs 431.3 [...]
BCL Industries Q3 Results: Net profit jumps over 2-fold at Rs 24 cr; revenue up 42%
Punjab-based agri-firm BCL Industries on Friday reported a two-fold jump in consolidated net profit at Rs 24.15 crore for the quarter ended December 2021. The company had posted a net profit of Rs 10.11 crore in the year-ago period. The company said its sales revenue rose 42 per cent to Rs 563.41 crore in the [...]
Eris Lifesciences Q3 Results: profit rises to Rs 101 cr
New Delhi, Jan 28 (PTI) Eris Lifesciences on Friday said its consolidated net profit increased 12 per cent to Rs 101 crore in the third quarter ended December 2021. The company had reported a consolidated net profit of Rs 90 crore in the same period of the previous fiscal. Revenue stood at Rs 332 crore [...]
IIFL Finance Q3 Results: Net profit up 15%
New Delhi, Jan 28 (PTI) IIFL Finance on Friday reported 15 per cent increase in net profit at Rs 310 crore for December quarter 2021-22, backed by growth in home and gold loan businesses. The company had logged a net profit of Rs 269 crore in the year-ago period. Total income during the period under [...]
Tata Coffee Q3 Results: Net profit rises to Rs 69.46 crore
Tata Coffee Ltd on Friday posted a 38.42 per cent jump in consolidated net profit at Rs 69.46 crore in the three months ended December 2021 on the back of strong revenues. The company had clocked a net profit of Rs 50.18 crore in the same quarter of the previous financial year, according to a [...]
Deepak Fertilisers Q3 Results: Consolidated net profit jumps 103%
New Delhi, Jan 28 (PTI) Deepak Fertilisers and Petrochemicals Corporation Ltd (DFPCL) on Friday posted nearly two-fold jump in consolidated net profit at Rs 180.61 crore for the third quarter of 2021-22. The company's net profit stood at Rs 88.95 crore in the same quarter of the previous fiscal year, according to a BSE filing. [...]
Chambal Fertilisers Q3 Results: Consolidated net profit falls 8%
New Delhi, Jan 28 (PTI) Chambal Fertilisers and Chemicals Ltd on Friday reported an 8 per cent decline in consolidated net profit at Rs 435.17 crore for the quarter ended December 2021. Its net profit stood at Rs 470.75 crore in the year-ago period. Total income, however, increased to Rs 4,762.22 crore in the third [...]
Power Mech Projects witnesses multifold jump in net profit to Rs 32.7 cr in Dec quarter
New Delhi, Jan 28 (PTI) Power Mech Projects posted a multifold jump in consolidated net profit to Rs 32.75 crore in the December 2021 quarter, on the back of higher revenues. The company had reported a consolidated net profit of Rs 3.15 crore in the corresponding quarter last year, according to a BSE filing. Its [...]
Atul Ltd Q3 Results: Consolidated net profit falls Rs 17.6%
New Delhi, Jan 28 (PTI) Gujarat-based chemicals manufacturer Atul on Friday reported a decline of 17.56 per cent in its consolidated net profit to Rs 156.91 crore for the third quarter ended December 2021. The company had posted a net profit of Rs 190.35 crore during the October-December quarter of the previous fiscal, Atul said [...]
HT Media Q3 Results: Consolidated net profit jumps 400%
New Delhi, Jan 28 (PTI) HT Media Ltd on Friday reported a nearly five-fold jump in its consolidated net profit at Rs 51.23 crore for the third quarter ended December 2021. The company had posted a net profit of Rs 10.33 crore during the October-December quarter of the previous fiscal, HT Media said in a [...]
Embassy REIT Q3 Results: Net operating income up 30% at Rs 621cr; to distribute Rs 493cr to unitholders
New Delhi, Jan 28 (PTI) Embassy Office Parks REIT on Friday reported 30 per cent increase in net operating income to Rs 621.3 crore for the quarter ended December 2021 and announced distribution of Rs 493 crore to unitholders. Michael Holland, Chief Executive Officer of Embassy REIT, said, the company's performance was good despite COVID [...]
Dr Reddy’s Q3 Results: Consolidated net profit jumps 3468% YoY
Hyderabad, Jan 28 (PTI) Dr Reddy's Laboratories on Friday reported a multi-fold jump in consolidated net profit at Rs 706.5 crore for the third quarter ended December 31, 2021. The drug major had logged a net profit of Rs 19.8 crore in the same period of 2020-21. Revenues stood at Rs 5,319.7 crore during the [...]
Central Bank Q3 Results: Net profit up 69%; Net NPAs reduced to 4.4%
New Delhi, Jan 28 (PTI) Central Bank of India on Friday reported 69 per cent jump in net profit at Rs 279 crore for the quarter ended December 2021 on the back of healthy growth in core income and fall in bad loan proportion. The bank had posted a net profit of Rs 165 crore [...]
GMDC Q3 profit at Rs 150 cr
New Delhi, Jan 27 (PTI) Gujarat Mineral Development Corporation (GMDC) on Thursday reported a consolidated net profit of Rs 149.81 crore for the quarter ended December 31, 2021.The company had posted a consolidated net loss of Rs 2.76 crore for the year-ago period, GMDC said in a filing to BSE.Income from operations during December quarter [...]
Fino Payments Bank Q3 net profit doubles to Rs 14 cr
New Delhi, Jan 27 (PTI) Fino Payments Bank (Fino Bank) on Thursday reported a 116 per cent jump in net profit at Rs 14.1 crore for the quarter ended December 2021 on the back of healthy income. It had posted net profit of Rs 6.52 crore in quarter ended December 2020. Revenue during the quarter [...]
Home First Finance reports multifold jump in net profit to Rs 46 cr in Dec qtr
New Delhi, Jan 27 (PTI) Home First Finance Company reported a multifold jump in its net profit to Rs 46 crore for the December 2021 quarter on the back of strong disbursals, with AUM reaching an all-time high of over Rs 5,000 crore. The technology-driven affordable housing finance company, which targets first-time homebuyers in low- [...]
RBL Bank Q3 Results: net slips 17%, allays fears pointing to sequential growth in performance
Mumbai, Jan 27 (PTI) Private sector lender RBL Bank on Thursday reported a 17.20 per cent dip in its December quarter net at Rs 121.61 crore on slower loan growth and a rise in operating expenses. The city-headquartered bank, which had witnessed RBI appointing an additional director last month which was followed by its long-standing [...]
Indus Towers Q3 Results: Consolidated profit up 16% at Rs 1,571 cr
Telecom infrastructure company Indus Towers on Thursday posted about 16 per cent rise in consolidated profit at Rs 1,570.8 crore for December quarter 2021-22. The company had registered a profit after tax of Rs 1,360 crore for the same period a year ago. Revenue of the country's largest mobile tower firm was higher at Rs [...]
Dalmia Bharat Q3 Results: Net profit declines 59.2%
New Delhi, Jan 27 (PTI) Cement maker Dalmia Bharat Ltd on Thursday reported a 59.2 per cent decline in its consolidated net profit to Rs 73 crore for the third quarter ended December 2021. The company had posted a net profit of Rs 179 crore during the corresponding quarter a year ago, Dalmia Bharat said [...]
HSIL Q3 Results: Profit down 21% to Rs 29 cr
New Delhi, Jan 27 (PTI) Sanitaryware and packaging products maker HSIL Ltd on Thursday reported 20.7 per cent decline in net profit at Rs 28.49 crore for the third quarter ended December 31, 2021. The company had logged a net profit of Rs 35.92 crore in October-December period a year ago, HSIL said in a BSE filing. However, revenue from [...]
Mahindra Logistics Q3 Results: Profit after tax declines 72%
Mumbai, Jan 27 (PTI) Mahindra Logistics Ltd (MLL) reported a sharp 72 per cent year-on-year decline in profit after tax (PAT) to Rs 5 crore for the December 2021 quarter. The company had posted a PAT of Rs 18 crore in the same quarter a year ago, MLL said in a statement. The revenue, however, [...]
Laurus Labs Q3 Results: Net Profit drops 43% to Rs 155 cr
New Delhi, Jan 27 (PTI) Pharmaceuticals firm Laurus Labs on Thursday said its consolidated net profit declined by 43 per cent to Rs 154.97 crore for the third quarter ended December 31, 2021. The company had posted a consolidated net profit of Rs 272.85 crore in the October-December period of previous fiscal. Revenue from operations [...]
T D Power Systems Q3 Results: Profit dips 7% to Rs 19 cr
New Delhi, Jan 27 (PTI) TD Power Systems on Thursday reported a seven per cent dip in consolidated net profit at Rs 19.53 crore for December quarter 2021-22.The company had reported a net profit of Rs 21.01 crore for the year-ago period, a BSE filing stated.Total income stood at Rs 183.06 crore in the quarter [...]
Punjab National Bank Q3 Results: Net Profit more than doubles to Rs 1,127 cr
New Delhi, Jan 27 (PTI) Punjab National Bank (PNB) on Thursday reported a two-fold jump in standalone net profit to Rs 1,126.78 crore for the third quarter ended December, as bad loans marginally declined. The country's second-largest public sector lender had earned a net profit of Rs 506.03 crore in the year-ago period. However, total income [...]
Birlasoft Q3 Results: Net profit jumps 18.2% to Rs 114 cr
New Delhi, Jan 27 (PTI) Birlasoft, part of the USD 2.4-billion diversified C K Birla Group, on Thursday reported an 18.2 per cent jump in consolidated net profit to Rs 114 crore for the December 2021 quarter. The IT services company had posted a profit of Rs 96.4 crore in the October-December 2020 period, Birlasoft [...]
TCI reports 94 pc jump in standalone PAT to Rs 78 cr in Dec 2021 quarter
Mumbai, Jan 27 (PTI) Integrated supply chain and logistics form TCI on Thursday reported a 94 per cent year-on-year jump in standalone profit after tax (PAT) at Rs 78 crore for the December 2021 quarter. The company had posted a standalone PAT of Rs 40 crore in the corresponding quarter of the last financial year, [...]
Route Mobile Q3 Result: Consolidated profit rises 28.33% at Rs 48 cr
Enterprise communication services firm Route Mobile on Thursday posted 28.33 per cent rise in consolidated profit at Rs 48.27 crore for the third quarter ended December 31, 2021. The company had posted a profit after tax of Rs 37.62 crore in the same period a year ago. Revenue from operations increased to Rs 567.49 crore [...]
Hindustan Media Ventures Q3 profit down 12% to Rs 31 cr
New Delhi, Jan 27 (PTI) Hindustan Media Ventures Ltd (HMVL) on Thursday reported 11.50 per cent decline in consolidated net profit at Rs 31.14 crore for the third quarter ended December 31, 2021. The company had posted a net profit of Rs 35.19 crore for October-December period a year ago, HMVL said in a BSE [...]
Canara Bank Q3 Results: Net jumps 116% to Rs 1,502 Cr
State-run Canara Bank on Thursday reported a more that two-fold jump in its profit after tax at Rs 1,502 crore for the quarter ended December 2021, helped by a rise in net interest income (NII) and lower provisions. Its net profit stood at Rs 696 crore in the same quarter of the preceding financial year. [...]
POS biz grew to $4 bn annualised transaction value, deployed over 1.25 lakh machines: BharatPe
New Delhi, Jan 27 (PTI) BharatPe, a fintech company for merchants, on Thursday said it has witnessed 200 per cent growth in annualised transaction value to USD 4 billion (about Rs 30,078 crore) from its POS business over the last 12 months.The Point of Sale (POS) business - BharatSwipe - now contributes about 25 per [...]
IndiGrid’s net profit remains almost flat at Rs 94 cr in Dec quarter
New Delhi, Jan 27 (PTI) Infrastructure investment trust India Grid Trust (IndiGrid) consolidated net profit remained almost flat at Rs 94.38 crore in the December quarter compared to a year ago. The company had reported a consolidated net profit of Rs 94.58 crore in the quarter ended on December 31, 2020, according to a BSE [...]
IndiGrid’s net profit remains almost flat at Rs 94 cr in Dec quarter
New Delhi, Jan 27 (PTI) Infrastructure investment trust India Grid Trust (IndiGrid) consolidated net profit remained almost flat at Rs 94.38 crore in the December quarter compared to a year ago. The company had reported a consolidated net profit of Rs 94.58 crore in the quarter ended on December 31, 2020, according to a BSE [...]
CG Power reports Q3 standalone PAT at Rs 360 cr
Chennai, Jan 27 (PTI) CG Power and Industrial Solutions Ltd on Thursday reported standalone profit after tax at Rs 360 crore for the quarter ending December 31, 2021. The Murugappa Group company had reported standalone PAT at Rs 381 crore during corresponding quarter previous year, CG Power and Industrial Solutions said in a statement. Sales [...]
Colgate India Q3 Results: Net profit rises 1.6%
New Delhi, Jan 27 (PTI) FMCG major Colgate-Palmolive India Ltd on Thursday reported an increase of 1.6 per cent in its net profit to Rs 252.33 crore for the third quarter ended December 2021. The company had posted a net profit of Rs 248.36 crore in the corresponding quarter of the last financial year, Colgate-Palmolive [...]
CG Power Q3 Results: Net profit jumps 28% to Rs 546 crore
New Delhi, Jan 27 (PTI) CG Power and Industrial Solution on Thursday posted a 28 per cent rise in consolidated net profit at Rs 546 crore in the quarter ended December 2021, mainly on the back of higher revenues. The consolidated net profit of the company was at Rs 425 crore in the quarter ended [...]
Airtel Payments Bank customers’ deposit surges 75% to Rs 1,000 cr in 2021
New Delhi, Jan 27 (PTI) Money deposited with Airtel Payments Bank surged 75 per cent to Rs 1,000 crore in 2021 as compared to the previous year, a top company official said. The payments bank had recorded around Rs 570 crore worth of deposits in 2020. Airtel Payments Bank MD and CEO Anubrata Biswas told [...]
Canara Bank Q3 Results: Net profit jumps over two-fold to Rs 1,502 cr
State-owned Canara Bank on Thursday reported over two-fold jump in its net profit on a standalone basis to Rs 1,502 crore for the December 2021 quarter on the back of lower provisioning. The bank had posted a net profit of Rs 696 crore in the year-ago quarter. Sequentially, the net profit was higher by 13 [...]
Pidilite Industries Reports Consolidated Net Sales Growth of 24% for Quarter Ended 31st December 2021
Pidilite Industries Limited, India’s leading manufacturer of adhesives, sealants and construction chemicals today announced its financial results for the quarter and nine months ended December 31, 2021. Robust double digit revenue growth in this quarter was led by staggered pricing actions and steady demand conditions. Growth was broad based across Consumer and Bazaar (‘C&B’) and [...]
Snowman Logistics PAT falls 42% to Rs 83 lakh in Dec qtr
Mumbai, Jan 27 (PTI) Temperature-controlled logistics firm Snowman Logistics on Thursday reported about a 42 per cent year-on-year drop in profit after tax (PAT) to Rs 83 lakh for the December 2021 quarter.Snowman Logistics had posted a profit of Rs 1.42 crore in Q3 FY21, the company said in a statement.The revenue in the quarter [...]
LICHFL Q3 Results: Profit After Tax up 6% to Rs 767.33 cr
Mumbai, Jan 27 (PTI) Mortgage lender LIC Housing Finance (LICHFL) on Thursday reported a 6 per cent increase in profit after tax at Rs 767.33 crore for the quarter ended December 2021, aided by higher collections and drop in provisions. It had reported a profit after tax of Rs 727.04 crore in the same period [...]
Feb, March to see increase in demand: Shriram Transport Finance
Chennai, Jan 26 (PTI) Signaling a return to normalcy, India's largest truck lender, Shriram Transport Finance Company on Wednesday said its collection efficiency returned to 100 per cent in the second half of January after undergoing a brief blip in the first fortnight. Shriram Transport Finance Company Vice-Chairman and Managing Director Umesh Revankar said the [...]
Finolex Industries Q3 Results: Net profit declines 30.5% to Rs 178 cr
Pune-based farm pipes major Finolex Industries on Tuesday reported a massive 30.5 per cent decline in net income to Rs 1,177.8 crore for the three months to December 2021 from Rs 255.9 crore a year ago, even though revenue declined only 5.7 per cent to Rs 1,005.25 crore. The bottomline (profit) was hit as the [...]
Raymond’s net profit sees multifold jump to Rs 101.07 cr in Dec quarter
Raymond Ltd on Tuesday reported a multifold jump in its net profit of Rs 101.07 crore for the third quarter ended December 2021, helped by improved performance across the segment. The company had posted a net profit of Rs 22.18 crore during the corresponding quarter of the previous financial year, Raymond said in a regulatory [...]
RPG Life Sciences Q3 net up 14 pc at Rs 15 cr
New Delhi, Jan 25 (PTI) RPG Life Sciences on Tuesday said its net profit increased 14 per cent to Rs 14.63 crore for the third quarter ended December 31, 2021. The company had reported a net profit of Rs 12.87 crore in the same period of the previous fiscal. Revenue from operations rose to Rs [...]
Max India posts Rs 5.7 cr net loss in Dec quarter
New Delhi, Jan 25 (PTI) Max India on Tuesday reported a consolidated net loss of Rs 5.70 crore for the quarter ended December.Its net loss stood at Rs 12.97 crore in the year-ago period.Total income rose to Rs 42.83 crore in the third quarter of this fiscal from Rs 34.20 crore in the corresponding period [...]
Cosmo Films Q3 net profit rises 66 pc to Rs 104.4 cr; revenue up 35 pc to Rs 770.53 cr
New Delhi, Jan 25 (PTI) Packaging firm Cosmo Films Ltd on Tuesday reported a 66.41 per cent jump in its consolidated net profit to Rs 104.42 crore for the third quarter ended December 2021, helped by lower finance cost and effective tax rate. The company had posted a consolidated net profit of Rs 62.75 crore [...]
Food delivery startup RailRestro sees 50% decline in sales due to COVID surge
Kolkata, Jan 25 (PTI) RailRestro, a leading food delivery startup catering to train passengers, has witnessed a 50 per cent decline in sales, amid fresh COVID-hit turbulence in tour and travel activities, an official said on Tuesday Indian Railway Catering and Tourism Corporation (IRCTC)-authorised food partner has termed the present crisis as a "blip" and [...]
Torrent Pharma Q3 Results: Consolidated net profit drops 16% to Rs 249 cr
New Delhi, Jan 25 (PTI) Torrent Pharmaceuticals on Tuesday said its consolidated net profit declined by 16 per cent to Rs 249 crore for the third quarter ended December 2021 on account of muted performance in the US market. The drug maker had posted a net profit of Rs 297 crore in the October-December period [...]
‘Rental income of 23 malls in 9 cities may fall 24 pc in Q4 to around Rs 300 cr due to COVID-19’
New Delhi, Jan 25 (PTI) Rental income of 23 shopping malls might decline 24 per cent to around Rs 300 crore during the January-March 2021 period as compared with the previous quarter due to the COVID-19 pandemic, according to rating agency ICRA. The estimate is based on the sample of 23 malls, covering 14.2 million [...]
Aditya Birla Sun Life AMC Q3 PAT up 27% to Rs 186 cr
Aditya Birla Sun Life AMC on Tuesday reported a 27 per cent jump in profit after tax to Rs 186.2 crore for the three-month period ended December 2021. The company had posted a profit after tax of Rs 146.8 crore in the same quarter of the preceding fiscal, the asset management firm said in a [...]
Best Agrolife Q3 Results: Profit jumps to Rs 15.5 cr; revenue at Rs 232 cr
New Delhi, Jan 25 (PTI) Agro-chemical firm Best Agrolife Ltd on Tuesday reported a sharp jump in its net profit to Rs 15.5 crore for the quarter ended in December. Its net profit stood at Rs 2.7 crore in the year-ago period. The company recorded revenue of Rs 232.5 crore in the third quarter of [...]
SRF Q3 Results: Profit up 56% to Rs 506 cr
New Delhi, Jan 25 (PTI) Chemical firm SRF Ltd on Tuesday reported a 56 per cent increase in consolidated net profit to Rs 506 crore for the quarter ended December. Its net profit stood at Rs 324 crore in the year-ago period. Revenue from operation grew 56 per cent to Rs 3,346 crore during the [...]
Deepak Nitrite Limited Announces Q3 & 9M FY2022 Earnings
Achieved highest ever top line in Q3, both on standalone and consolidated basis For 9M FY22 (Consolidated): • Revenues at Rs. 4,969 crore, up by 71% Y-o-Y • EBITDA at Rs. 1,232 crore, higher by 53% Y-o-Y • PAT, at Rs. 799 crore, rises 65% on a Y-o-Y basis MUMBAI and VADODARA, India, Jan. 25, [...]
Federal Bank Q3 Results: Net profit rises by 29% to Rs 522 cr
New Delhi, Jan 25 (PTI) Federal Bank on Tuesday posted a 29 per cent rise in net profit at Rs 522 crore for the third quarter ended December 2021. The private sector lender had registered a profit of Rs 404.10 crore in the year-ago period. The total income remained flat at Rs 3,926.75 crore during [...]
NEWSALERT
Maruti Suzuki Q3 consolidated net profit down 48 pc at Rs 1,042 crore; total revenue dips marginally to Rs 23,253 crore: Filing. PTI MSS BAL BAL
Power trade volume in Dec quarter rises 37% to 27.6 BU at IEX
New Delhi, Jan 25 (PTI) Power trade volume at Indian Energy Exchange (IEX) rose 37 per cent year-on-year to 27.6 billion units (BU) in the December quarter, mainly due to higher electricity consumption. "During the quarter (October-December), volumes on the Exchange grew by 37 per cent YoY (year-on-year) with 27.6 BU volumes traded versus 20.1 [...]
Radio City Maintains Leadership Position with a Strong Profit Growth
Mumbai, Maharashtra, India (NewsVoir) Music Broadcast Limited (MBL), India’s 1st Private FM Radio Broadcaster, has reported its Financial Results for the Quarter ended December 31st, 2021. • Key Highlights - Q3 FY22: • Maintained Leadership Position with 22% Volume Market Share • Q3 FY22 Top line of Rs 60.0 Crores; 47% Growth YoY • EBITDA* [...]
Supreme Industries Q3 Results: Consolidated profit down 21.3% to Rs 245.72 cr
Plastic products maker Supreme Industries Ltd on Monday reported a 21.31 per cent decline in consolidated profit to Rs 245.72 crore for the quarter ended in December 2021. The company had posted a net profit of Rs 312.28 crore during the October-December quarter of the previous fiscal, Supreme Industries Ltd said in a regulatory filing. [...]
Deepak Nitrite Q3 consolidated net up 12% at Rs 242.46 cr
Mumbai, Jan 24 (PTI) Chemicals firm Deepak Nitrite (DNL) on Monday reported nearly 12 per cent increase in net profit for the quarter ending December 31, 2021, compared to the same period of the previous financial year. The company posted a net profit of Rs 242.46 crore for the quarter against Rs 216.56 crore in [...]
Zensar Tech posts 8% dip in net at Rs 91 cr in Dec qtr
New Delhi, Jan 24 (PTI) Zensar Technologies on Monday said its net profit declined 7.8 per cent to Rs 91 crore for the December 2021 quarter. It had posted a net profit of Rs 98.7 crore in the year-ago period, Zensar Technologies said in a statement. Its revenue, however, rose 21.6 per cent to Rs [...]
Shriram Transport Finance Q3 Results: Net Profit down 6.47% to Rs 680.62 cr
Mumbai, Jan 24 (PTI) Non-bank financing company Shriram Transport Finance Company (STFC) on Monday reported a 6.47 per cent decline in standalone profit after tax at Rs 680.62 crore in the quarter ended December 2021 even as its net interest income increased by 11.16 per cent. The company had reported a profit after tax of [...]
Axis Bank posts 3-fold rise in Q3 net on dip in provisions
Mumbai, Jan 24 (PTI) Axis Bank's consolidated net profit for the December quarter zoomed nearly three-folds to Rs 3,973 crore, as the money set aside for any reverses on loans reduced to nearly a third of the year-ago period. On a standalone basis, the third largest private sector lender on Monday reported a profit after [...]
Quick Heal Dec qtr profit grows 6 pc to Rs 14 cr
New Delhi, Jan 24 (PTI) Security software provider Quick Heal Technologies on Monday said its consolidated net profit grew 6.1 per cent to Rs 14.3 crore in December quarter 2021. The company had posted a net profit of Rs 13.5 crore in the year-ago period, Quick Heal said in a regulatory filing. Total revenue rose [...]
Cera Sanitaryware Q3 profit up 46 pc at Rs 45 cr
New Delhi, Jan 24 (PTI) Cera Sanitaryware Ltd on Monday reported 45.86 per cent rise in consolidated net profit at Rs 44.75 crore for the third quarter ended December 31, 2021. The company had logged a net profit of Rs 30.68 crore in the year-ago period, Cera Sanitaryware said in a regulatory filing. Revenue from operations was [...]
Burger King Q3 loss at Rs 15 cr
New Delhi, Jan 24 (PTI) Quick service restaurant chain Burger King India Ltd on Monday reported narrowing of net loss to Rs 15.15 crore for the third quarter ended December 31, 2021. The company had posted a net loss of Rs 29.02 crore during October-December period of the previous fiscal year, Burger King said in a regulatory [...]
Rane (Madras) posts 64% drop in net at Rs 7.7 cr
Mumbai, Jan 24 (PTI) Rane (Madras) Ltd, the Chennai-based manufacturer of steering and suspension products and light metal casting components, reported on Monday a 64.1 per cent dip in standalone net profit at Rs 7.7 crore in the December quarter over the year-ago period. The company, which is part of the Rane Group, had posted [...]
Orient Hotels reports Q3 net profit at Rs 7.4 crore
New Delhi, Jan 24 (PTI) Oriental Hotels Ltd on Monday reported a consolidated net profit of Rs 7.4 crore in the third quarter ended December 31, 2021.The company had posted a consolidated net loss of Rs 7.62 crore in the same period last fiscal, Oriental Hotels Ltd said in a regulatory filing.Consolidated revenue from operations [...]
Vodafone Idea shares tumble 8 pc after Q3 loss widens
New Delhi, Jan 24 (PTI) Shares of Vodafone Idea tumbled 8 per cent on Monday after the company reported widening of its consolidated loss to Rs 7,230.9 crore for the third quarter ended December 2021. The telecom operator's stock tanked 7.98 per cent to settle at Rs 10.95 on the BSE. During the day, it [...]
Heritage Foods’ consolidated Q3 FY2022 revenue grows by 10.3% YoY at INR 6,670 million
Value Added Products contribution to the overall dairy revenue rises to 25.1% at INR 1,647 million HYDERABAD, India, Jan. 24, 2022 /PRNewswire/ -- Heritage Foods Ltd., a leading value-added and branded dairy products player in India, today announced its financial results for the third quarter and nine months ended on December 31, 2021. Q3 FY2022 [...]
Vardhman Textiles Q3 PAT more than doubles to Rs 431 cr
Ludhiana-based Vardhman Textiles on Saturday reported a consolidated profit-after-tax of Rs 431.51 for the third quarter ended December 2021. The group had reported a profit after tax of Rs 174.85 crore in the year-round period. Its total income for the quarter under review rose to Rs 2,666.8 crore as against Rs 1,806.85 crore in the [...]
ICICI Bank Q3 consolidated profit jumps nearly 19% on NII growth, lower provisions
Mumbai, Jan 22 (PTI) Private sector lender ICICI Bank on Saturday reported a nearly 19 per cent jump in its consolidated profit to Rs 6,536 crore for the quarter ended in December 2021, helped by higher net interest income (NII) and lower provisions. The bank had posted a profit after tax of Rs 5,498 crore [...]
Yes Bank Q3 profit zooms 80 pc as provisions decline
Mumbai, Jan 22 (PTI) Yes Bank on Saturday reported 80 per cent jump in consolidated net profit at Rs 265.76 crore for December quarter 2021-22, helped by a fall in the provisions for bad loans. The bank's core net interest income declined 31 per cent to Rs 1,764 crore, despite a 0.25 per cent expansion [...]
Vodafone Idea Q3 Results – Loss widens to Rs 7,231 cr
Debt-ridden telecom operator Vodafone Idea on Friday reported widening of its consolidated loss to Rs 7,230.9 crore for the third quarter ended December 2021. The company had posted a loss Rs 4,532.1 crore in the same period a year ago. Consolidated revenue from operations declined by 10.8 per cent to Rs 9,717.3 crore from Rs [...]
Reliance Retail posts all-time high gross revenue of Rs 57,714 cr, pre-tax profit of Rs 3,822 cr in Q3
New Delhi, Jan 21 (PTI) Reliance Retail on Friday said it has delivered a "landmark quarter" by posting an all-time high gross revenue Rs 57,714 crore with pre-tax profit of Rs 3,822 crore for the three months to December 2021. This is the first quarter when the retail arm of Reliance Industries Ltd (RIL) has [...]
Jio Platforms Q3 net profit up 8.8 pc to Rs 3,795 cr
New Delhi, Jan 21 (PTI) Jio Platforms on Friday posted an 8.8 per cent increase in net profit at Rs 3,795 crore for the third quarter ended December 2021. The company had posted a net profit of Rs 3,486 crore in the same period a year ago. Gross revenue [...]
Reliance posts best quarterly performance, net profit at Rs 18,549 cr in Q3
New Delhi, Jan 21 (PTI) Billionaire Mukesh Ambani's Reliance Industries Ltd on Friday reported its best-ever quarterly performance in October-December 2021, helped by an uptick in two 'Rs' -- refining and retail, a recent tariff hike accelerating growth at Jio and a one-off gain from the sale of US shale gas business. The oil-to-retail-to-telecom conglomerate's [...]
Third COVID-19 wave to hit airports’ revenue recovery this fiscal: Report
Mumbai, Jan 21 (PTI) Hit by the third wave of the pandemic that led to massive cancellations of domestic flights and extension of the ban on scheduled international flights till the end of the next month, the airports are set to see a 10-percentage-point fall in their revenue recovery this fiscal to 52 per cent [...]
Jio Platforms Q3 net profit up 8.8% to Rs 3,795 cr
New Delhi, Jan 21 (PTI) Jio Platforms on Friday posted an 8.8 per cent increase in net profit at Rs 3,795 crore for the third quarter ended December 2021. The company had posted a net profit of Rs 3,486 crore in the same period a year ago. Gross revenue from operations increased by 5.76 per [...]
Reliance Retail Q3 Pre-tax profit up 24% to Rs 3,822 cr; Revenue rises 53% to Rs 50,654 cr
New Delhi, Jan 21 (PTI) Reliance Retail on Friday reported a 23.81 per cent increase in its consolidated pre-tax profit at Rs 3,822 crore for the third quarter ended December 2021. The retail arm of Reliance Industries Ltd (RIL) had posted a pre-tax profit or EBITDA (earnings before interest, tax, depreciation and amortisation) of Rs [...]
Reliance Industries reports blockbuster Q3 results – Net profit up 41.5%
New Delhi, Jan 21 (PTI) Billionaire Mukesh Ambani's Reliance Industries Ltd on Friday reported a 41.5 per cent rise in its third-quarter net profit, helped by an uptick in two 'Rs' -- refining and retail, a recent tariff hike accelerating growth at Jio and a one-off gain from sale of US shale gas business. The [...]
JSW Steel Q3 Results – Net profit rises 69% to Rs 4,516 cr; Output at 5.21 MT
New Delhi, Jan 21 (PTI) JSW Steel on Friday posted a 69 per cent jump in its consolidated net profit to Rs 4,516 crore for the quarter ended December, mainly on account of higher income. The firm had clocked a net profit of Rs 2,669 crore in the year-ago period, it said in a regulatory [...]
Imminent recovery for multiplexes pushed to FY23 by third wave: Report
Mumbai, Jan 21 (PTI) The ongoing third wave of the COVID pandemic will push back the “imminent recovery” for multiplex operators to first quarter of next fiscal, a domestic rating agency said on Friday. It can be noted that in order to arrest the surge in new cases, many states have adopted measures including shutting [...]
Bandhan Bank Q3 net rises 35.8% at Rs 858.9 crore
Kolkata, Jan 21 (PTI) Net profit of MFI-turned-private lender Bandhan Bank increased 35.8 per cent at Rs 858.9 crore during the third quarter of current fiscal, registering a rise from Rs 632.6 crore in the similar previous period. MD and CEO of Bandhan Bank, Chandra Sekhar Ghosh told reporters on the virtual mode on Friday [...]
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