Page 328 - Company Results
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
 "PNB Housing Finance net profit up 33% at Rs 170 crore in March quarter")
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")
P&G Hygiene and Health Care net profit rises 4.6% to Rs 102.85 cr in Q3
The company, which follows July-June financial year, had posted a net profit of Rs 98.33 crore in the corresponding period last year
 "P&G Hygiene and Health Care net profit rises 4.6% to Rs 102.85 cr in Q3")
Bajaj Auto Q4 net up 10% YoY to Rs 1,469 cr on higher export realisation
Guides for a 10-15% impact on Q1 volumes due to chip shortage. It says rising cell prices could retard transition to EVs
 "Bajaj Auto Q4 net up 10% YoY to Rs 1,469 cr on higher export realisation")
Indian Hotels turns in Rs 72 cr profit in Q4 against a loss last year
Firm reports consolidated revenue of Rs 872.08 crore during the quarter as against Rs 615.02 crore in the year-ago period
 "Indian Hotels turns in Rs 72 cr profit in Q4 against a loss last year")
Hindustan Unilever Q4 net up 5%; annual turnover crosses Rs 50,000 crore
HUL's reported numbers were better than industry growth. The company's volume growth was flat in the quarter compared with a contraction of 8 per cent for the industry
 "Hindustan Unilever Q4 net up 5%; annual turnover crosses Rs 50,000 crore")
Indian Hotels Company posts Rs 71.5 crore profit in March quarter
Tata group hospitality firm Indian Hotels Company Ltd (IHCL) on Wednesday reported a consolidated net profit of Rs 71.57 crore in the fourth quarter ended on March 31, 2022.
Bajaj Auto Q4 net profit dips 2% to Rs 1,526 cr on lower global sales
In the domestic market, the total sales declined by 27 per cent to 3,89,155 units as against 5,34,119 units in the same period of FY21
 "Bajaj Auto Q4 net profit dips 2% to Rs 1,526 cr on lower global sales")
Bajaj Auto Q4 standalone net up 10% to Rs 1,469 cr despite revenue dip
Total revenue from operations for the automaker came in at Rs 7,974.84 crore, down 7.2 per cent from Rs 8,596.10 crore in the same quarter last year
HUL Q4 standalone net up 8.6% to Rs 2,327 crore, net sales rise by 10%
The company's board has recommended a final dividend of Rs 19
 "HUL Q4 standalone net up 8.6% to Rs 2,327 crore, net sales rise by 10%")
HDFC Life's net profit jumps 12% to Rs 357 cr; VNB margins at 29.3%
The firm settled some 390,000 claims in FY22, with gross and net claims paid of Rs 5,804 cr and Rs 4,328 cr, respectively. It was carrying excess mortality reserves of Rs 55 cr at the end of Q4
 "HDFC Life's net profit jumps 12% to Rs 357 cr; VNB margins at 29.3%")
AU Small Finance Bank Q4 net doubles to Rs 346 cr on better margins
Net Interest Margin improves to 6.3% from 5.7% a year ago; NPAs decline at gross and net levels
 "AU Small Finance Bank Q4 net doubles to Rs 346 cr on better margins")