Page 14 - Amritha Pillay

IOC Q3 net profit jumps to Rs 9,030 cr on improved marketing margins

The profit in the year-ago quarter was significantly impacted due to under-recoveries arising from higher input costs in the form of crude oil prices

JSW Energy Q3 net profit up 28% at Rs 231 crore, revenue rises 13%

The revenue and Ebitda growth, the company said, was driven by incremental contribution from the renewable portfolio and strong thermal performance, largely driven by a buoyant merchant market

Silver shines for Hindustan Zinc in Q3; govt's green push may raise demand

In Q3FY24, silver-related sales for HZL were up 44 per cent from a year ago. Profit from this segment also witnessed a fillip, up by almost 50 per cent

Earnings from O2C division may remain volatile for Reliance Industries

The oil-to-telecom conglomerate on Friday reported a 9.3 per cent year-on-year (Y-o-Y) increase in its consolidated net profit for the quarter ended December 2023

Hindustan Zinc Q3FY24 results: Net profit down 6% at Rs 2,028 crore

For Q3FY24, Hindustan Zinc reported a consolidated net profit of Rs 2,028 crore, down 6 per cent from a year ago

UltraTech Cement Q3 results: Net profit surges 68% on lower fuel costs

Lower costs help profits, despite weak growth in volumes

Reliance Industries Q3 results: Net profit up 9.3%, misses estimates

Weak energy segment offsets profit growth in consumer business

Adani Group firms face busy HR year, see internal rejig as businesses grow

Spokesperson says similar adjustments made in the past while expanding into new sectors

L&T wins Rs 10,000 crore electrification order for high-speed rail project

The company said this would be the first of its kind railway project in India involving the implementation of Japanese Shinkansen High Speed Electrification Techno­logy

Q3FY24 earnings preview: Consumer business to boost RIL's earnings

Analysts estimate strong performance in consumer businesses to be offset by a decline in O2C earnings

Atal Setu: Mumbai gets India's longest sea bridge, operations begin today

PM inaugurates the Mumbai Trans Harbour Link project

A sense of collective achievement prevailed, says L&T's S V Desai

S V Desai, whole-time director & senior executive vice-president (civil infrastructure), L&T, talked about the challenges and learnings from executing India's longest sea bridge

IiAS recommends voting against Adani Green's Rs 9,350 cr preferential issue

Says issue of warrants instead of equity upfront allows promoters to ride the stock price for 18 months

With MTHL on the road, Mumbai may see projects worth Rs 84K cr begin ops

The 37,276 crore worth Mumbai Metro line-3, connects the north of the city (SEEPZ) to south (Cuffe Parade) and is expected to start operations in two phases, first in April and second in September

Sajjan Jindal's JSW Cement begins talks with i-bankers for Rs 6k cr listing

The Sajjan Jindal-led JSW group is likely to list its cement business after the general elections

Results preview: Yet another healthy showing likely for capital goods in Q3

Brokerages - Motilal Oswal, Nuvama, Kotak Institutional Equities and Prabhudas Lilladher - estimated revenue growth for their capital goods universe to be 11-16 per cent year-on-year

Power equipment sector's order book charged up on transmission projects

Between April to December 2023, close to 35 projects worth Rs 60,000 crore were offered under tariff-based competitive bidding

ACC gets full ownership of Asian Concretes for Rs 775 cr enterprise value

Asian Concretes (ACCPL) was earlier an associate company of ACC, in which it already held a 45 per cent stake. ACC had first invested in Asian Concretes in 2010 for an undisclosed value

Adani Green announces redemption plan for $750 million bond due in Sept

The company has debts worth Rs 22,942 crore, up for repayment and refinancing

SC judgment gives Sebi final say on securities violations: Law firms

For proxy advisory firm Institutional Investor Advisory Services (IiAS), the pending Supreme Court investigation was a matter of concern from the auditing point of view