Page 322 - Company Results

Muted fourth-quarter show to may cap upsides for Avenue Supermarts

Growth in the quarter has largely come from store additions

TCS Q4 net profit rises 7% to Rs 9,926 cr, revenue surges 16%

The company's board recommended final dividend of Rs 22 per equity share for Q4FY22; India's top IT exporter benefited from a wave of digital transformation sweeping across the globe

Bank credit growth seen in double digits in Q4; flat NIMs likely: Analysts

Q4 preview: Analysts believe earnings momentum is likely to gather pace, with healthy loan growth, stable margins, and improving asset quality trends

Nifty companies likely to see 29% surge in Q4 corporate earnings

Rise in combined net profit likely to be led by banks, oil & gas companies, and Tata Motors

Mercedes-Benz India posts 26% rise in sales at 4,022 units in FY 22Q1

Mercedes-Benz India on Friday reported a 26 per cent jump in sales at 4,022 units in the first quarter of 2022, riding on robust demand for both its SUVs and sedans

'Shops are gone': How Reliance stunned Amazon in battle for Future Retail

At a large Future Retail supermarket in Mumbai last week, workers were unloading hundreds of bright blue grocery crates belonging to India's biggest retailer Reliance

HSBC's profit before tax from India rises marginally to USD 1.11 bn

The country is the fourth biggest profit centre for the UK-headquartered lender, after Hong Kong, the UK and Mainland China, according to an official statement

Nestle India Q4 profit dips 20% to Rs 386.66 cr, net sales up 8.9%

Commenting on the annual performance, Nestl India Chairman and Managing Director Suresh Narayanan said, '2021 was a very challenging year'

SpiceJet back in black after 7 quarters, reports Rs 42.5-cr Q3 net profit

The Ebitda slipped 52.4 per cent to Rs 116.4 crore

Maaza bigger than Coke with Rs 2,826 cr sales in FY21, Limca at Rs 2,061 cr

Fruit drink brand Maaza had reported total sales of Rs 2,826 crore in FY21 in the domestic market, which is higher than the sales of Coke in India, according to a top company official.

RailTel posts consolidated income of Rs 474.15 crore in Q3

RailTel Corporation of India Limited, a CPSU under the Ministry of Railways, said its consolidated income rose to Rs 474.15 crore in third quarter of 2021-22, posting Q-o-Q growth of 24.38 per cent

SpiceJet posts profit in Q3 amid turbulent times; to expand 737 MAX fleet

Total income in the latest December quarter climbed to Rs 267.73 crore compared to Rs 187.06 crore in the same period a year ago, according to a regulatory filing

Spandana Sphoorty posts consolidated net profit of Rs 45.1 cr in Q3FY22

The income from operations of Spandana Sphoorty Financial on a consolidated basis, in the reporting quarter, rose marginally to Rs 346.1 crore compared to Rs 337.9 crore in Q3FY21.

Grasim becomes net debt-free on standalone basis after fertiliser arm sale

In Dec quarter results, the company said its consolidated revenue was up 16% at Rs 24,402 crore while profit after tax was Rs 1,746 crore, up 26% YoY

Adani Enterprises posts attributable loss of Rs 12 crore in Q3

Firm says results not comparable with previous period due to consolidation of Mumbai Airport in which group acquired 97.97% stake in GVK Airport Developers, its subsidiaries and JVs in July 2021

Manappuram Finance's consolidated net Q3 down 46% to Rs 261 cr

Shift to low-yield gold loans; aggressive advertising spends make dent

Future Retail's net loss widens by 26% to Rs 1,063 cr in December quarter

However, the Kishore Biyani-led retail company saw its revenue from operations increase by 87 per cent to Rs 2,816 crore in the December quarter

Sterling and Wilson Renewable Energy report Rs 429 cr loss in Dec quarter

Sterling and Wilson Renewable Energy on Monday reported a consolidated net loss of Rs 428.78 crore in the quarter ended December 2021.

MTNL posts Rs 659 crore loss in December quarter

State-run telecom company MTNL on Monday reported widening of consolidated loss to Rs 659.28 crore in the third quarter ended December 2021.

Gateway Distriparks' PAT jumps 44% to Rs 47.9 cr in Dec quarter

Integrated inter-modal logistics provider Gateway Distriparks Ltd on Monday reported a 44 per cent year-on-year jump in profit after tax (PAT) to Rs 47.92 crore in the December 2021 quarter.