Page 319 - Company Results
6 of 7 defence firms carved out of OFB report profits in first six months
Six out of the seven defence companies, which were carved out of the Ordnance Factory Board (OFB), have reported provisional profits during the initial six months, according to the defence ministry.
 "6 of 7 defence firms carved out of OFB report profits in first six months")
Maruti Suzuki consolidated Q4 net up 58% to Rs 1,839 cr despite sales dip
Consolidated total revenue from operations up 11.29% at Rs 26,749.20 crore; Board declares final dividend of Rs 60 a share
 "Maruti Suzuki consolidated Q4 net up 58% to Rs 1,839 cr despite sales dip")
Wipro Q4 consolidated net profit rises 4% to Rs 3,087 crore
Attrition rate at near 24%, revenue up over 28% to Rs 20,860 crore
 "Wipro Q4 consolidated net profit rises 4% to Rs 3,087 crore")
UltraTech Q4 rises 47% to Rs 2613.75 cr; net sales up 9.45% to Rs 15,767 cr
Aditya Birla group firm UltraTech Cement Ltd on Friday reported an increase of 47.32 per cent in its consolidated net profit at Rs 2,613.75 crore in the fourth quarter ended March 2022
 "UltraTech Q4 rises 47% to Rs 2613.75 cr; net sales up 9.45% to Rs 15,767 cr")
Bank of Maharashtra reports two-fold increase in Q4 profit to Rs 355 cr
State-owned Bank of Maharashtra on Thursday reported an over two-fold increase in its consolidated net profit at Rs 355 crore in the quarter ended March, helped by a fall in the bad loan proportions
 "Bank of Maharashtra reports two-fold increase in Q4 profit to Rs 355 cr")
Motilal Oswal net profit falls 35% to Rs 300 crore in March quarter
Brokerage house Motilal Oswal Financial Services on Thursday reported a 35% fall in net income at Rs 300 crore in the three months to March, even though its revenue grew by 21% to Rs 1,100 crore
 "Motilal Oswal net profit falls 35% to Rs 300 crore in March quarter")
Shriram Transport Finance fourth quarter net profit up 44%, NII rises
The company's Net Interest Income increased by 22.16 per cent to Rs. 2,627.82 crore as against Rs. 2,151.12 crore.
 "Shriram Transport Finance fourth quarter net profit up 44%, NII rises")
PNB Housing Finance profit rises 33% at Rs 170 crore in March quarter
Its net interest income fell by 37 per cent in the reporting quarter to Rs 377 crore
 "PNB Housing Finance profit rises 33% at Rs 170 crore in March quarter")
SBI Life Insurance net profit jumps 26% in January-March quarter
The 13th month persistency stood at 88.35 per cent in FY22 versus 87.92 per cent in FY21
 "SBI Life Insurance net profit jumps 26% in January-March quarter")
Ambuja Cements net profit slumps 30.26% to Rs 856.46 crore in Q1
The consolidated result of Ambuja Cements also includes the financial performance of its step-down firm ACC Ltd
 "Ambuja Cements net profit slumps 30.26% to Rs 856.46 crore in Q1")
Realty firm Embassy REIT's net profit up fivefold at Rs 280 cr in Q4
Net operating income grew to Rs 2,491 crore, 5 per cent higher than initial guidance, with an operating margin of 84 per cent in Q4
 "Realty firm Embassy REIT's net profit up fivefold at Rs 280 cr in Q4")
Vedanta Q4 net profit drops 10% to Rs 5,799 crore, but Ebitda highest ever
The company reported an exceptional loss of Rs 330 crore in Q4, mainly in its copper division, which contributed to the drop in its net profit for the period
 "Vedanta Q4 net profit drops 10% to Rs 5,799 crore, but Ebitda highest ever")
IIFL Finance net profit rises 30% to Rs 321 crore in March quarter
IIFL Finance on Thursday reported a 30 per cent growth in net profit to Rs 321 crore for the March quarter, driven by strong loan sales and lower provisioning for impaired assets.
 "IIFL Finance net profit rises 30% to Rs 321 crore in March quarter")
Bajaj Holdings and Investment net profit up 16% to Rs 1,105 crore in Q4
Total income stood at Rs 487 crore last fiscal. It was at Rs 463 crore in 2020-21 financial year
 "Bajaj Holdings and Investment net profit up 16% to Rs 1,105 crore in Q4")
PNB Housing Finance net profit up 33% at Rs 170 crore in March quarter
Net interest income was down by 37 per cent at Rs 377 crore from Rs 593 crore
SBI Life Q4 net profit rises 26% to Rs 672 cr; income up to Rs 21,427 crore
SBI Life Insurance (SBI Life) on Thursday reported a 26.3 per cent rise in its net profit at Rs 672 crore for quarter ended March 2022.
 "SBI Life Q4 net profit rises 26% to Rs 672 cr; income up to Rs 21,427 crore")
Bajaj Allianz General Insurance records profit of Rs 1,339 cr in FY22
Bajaj Allianz General Insurance on Thursday said its profit remained flat at Rs 1,339 crore for the 2021-22 financial year against Rs 1,330 crore in the previous financial year.
 "Bajaj Allianz General Insurance records profit of Rs 1,339 cr in FY22")
Axis Bank Q4 net profit soars 54% to Rs 4,118 cr; NII up 17%
Lender's board recommends dividend of Rs 1 per equity share for the year ended 31 March, 2022.
 "Axis Bank Q4 net profit soars 54% to Rs 4,118 cr; NII up 17%")
Sterlite Technologies reports consolidated loss of Rs 22 cr in Q4
Broadband technology firm Sterlite Technologies on Thursday reported a consolidated loss of Rs 22.44 crore in the fourth quarter ended March 31, 2022.
 "Sterlite Technologies reports consolidated loss of Rs 22 cr in Q4")
Bajaj Finserv reports 34% increase in Q4 net profit at Rs 1,346 crore
Bajaj Finserv Ltd reports a 37 per cent jump in its consolidated net profit at Rs 1,346 crore for the fourth quarter ended in March 2022.
 "Bajaj Finserv reports 34% increase in Q4 net profit at Rs 1,346 crore")