Page 20 - Corporate Earnings

Tata Chemicals Q3 results: Loss at Rs 53 crore, revenue declines 3.8%

Tata Chemicals said it incurred a non-cash writedown on assets aggregating to 700 million rupees with respect to its UK operations

Hindustan Media Ventures Q3 results: Net profit at Rs 18 cr, revenue up 8%

Hindustan Media Ventures Ltd (HMVL) on Monday reported a consolidated profit after tax of Rs 18 crore in the December quarter. The company had posted a loss after tax of Rs 0.82 crore in the October-December period a year ago, according to a regulatory filing by HMVL, the publisher of Hindi daily Hindustan. Its revenue from operations rose 8 per cent to Rs 197.47 crore in the third quarter. It stood at Rs 182.95 crore in the corresponding period a year ago. Total expenses of HMVL were Rs 201.68 crore, down 3.2 per cent in the December quarter. Its revenue from printing & publishing of newspapers & periodicals was Rs 179.72 crore. HMVL's revenue from Digital jumped four-fold to Rs 16.72 crore in the December quarter against Rs 4.18 crore in the corresponding quarter. Total income of HMVL, which includes other income, was Rs 221.39 crore, up 7.2 per cent. Shares of Hindustan Media Ventures Ltd settled at Rs 94.01 apiece, up 12.69 per cent from the previous close.

Divi's Labs Q3 results: PAT rises 64.5% to Rs 589 cr on strong API demand

Its revenue from operations climbed 25 per cent to Rs 2,319 crore during the quarter, roughly in line with analysts' estimate of Rs 2,343 crore

Texmaco Q3 result: Profit jumps to Rs 76 cr; order book touches Rs 7,612 cr

Texmaco Rail & Engineering Ltd on Sunday reported an over two-fold jump in its consolidated profit after tax to Rs 76 crore in December quarter, riding on higher deliveries of freight cars. It had posted Rs 30 crore PAT (profit after tax) in the year ago quarter, the company said in a statement. The company's total revenue from operations also surged 47.9 per cent to Rs 1,326 crore in the reporting quarter from Rs 896 crore a year ago. Texmaco's EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) for the quarter reached Rs 139 crore, up from Rs 91 crore in October-December quarter of preceding 2023-24 fiscal. "Higher freight car deliveries drove its strong performance," Texmaco said. As of December 31, the company's order book was at Rs 7,612 crore. The company's Executive Director & Vice Chairman Indrajit Mookerjee said: "Despite a challenging market environment, Texmaco maintained a steady performance in Q3 FY25, reflecting operational stability and ...

Mahindra Lifespace Developers' loss widens to Rs 22.5 crore in Q3FY25

The company's pre-sales for the quarter stood at Rs 334 crore, down by 24.61 per cent, year on year (Y-o-Y)

ONGC Q3 FY25 results: Net profit plunges 19.4% to Rs 8,621 crore

However, the Q2 profits were recorded even as the company saw gross revenue decline marginally by 0.7 per cent to Rs 1.66 trillion, down from Rs 1.67 trillion registered in Q3 FY24

PNB Q3 result: Profit more than doubles to Rs 4,508 cr, income Rs 34,752 cr

State-owned Punjab National Bank (PNB) on Friday posted more than twofold jump in net profit at Rs 4,508 crore for the third quarter ended December 2024. The bank had earned a net profit of Rs 2,223 crore in the same quarter a year ago. Total income increased to Rs 34,752 crore from Rs 29,962 crore in the same period a year ago, PNB said in a regulatory filing. Interest income also rose to Rs 31,340 crore from Rs 27,288 crore. On the asset quality front, the bank's gross non-performing assets ratio moderated to 4.09 per cent from 6.24 per cent a year ago. Similarly, net NPAs, or bad loans, came down to 0.41 per cent from 0.96 per cent at the end of the third quarter last fiscal. As a result, provisions for bad loans came down significantly to Rs 318 crore during the quarter from Rs 2,994 crore a year ago.

Intel's quarterly revenue tops estimates as investors await new CEO

Company's quarterly results and forecast were overshadowed by questions about its long-term strategy and efforts to replace former CEO Pat Gelsinger, who was ousted last month

IBM beats profit estimates as AI shift boosts software performance

"When you see more growth come from software, that comes with a lot better margins," said Matt Swanson, analyst at RBC Capital Markets

Bajaj Finserv Q3FY25 results: Net profit rises 3% to Rs 2,231 crore

Its consolidated total income rose by 10 per cent to Rs 32,042 crore in the reporting quarter (Q3FY25), from Rs 29,038 crore in the year-ago period

Adani Ports Q3: Profit rises 14% amid moderation in cargo volume growth

The YoY cargo growth of 3.6 per cent in Q3 FY25 was offset by coal cargo handled by the company

L&T Q3FY25 results: Net profit rises 14%, misses Street estimates

The company's quarterly profit, however, missed Street estimates. In a Bloomberg poll, analysts had estimated an adjusted net income of Rs 3,771 crore and revenue of Rs 64,742 crore

Nokia Q4 results: Net profit beats estimates, jumps 38%; sales rise 17%

Company said sales at its network Infrastructure business rose 17 per cent due to a strong recovery in demand from communication service providers, notably in North America

Bajaj Finance Q3 results: Consolidated net profit up 18% to Rs 4,308 cr

The standalone asset under management (AUM) of the lender increased 26 per cent Y-o-Y to Rs 2.93 trillion at the end of Q3 while consolidated AUM was up 28 per cent Y-o-Y to Rs 3.98 trillion

Tata Motors Q3 results: Net profit down 22% on muted revenue growth

Revenues of commercial and passenger vehicles were down 8.4% and 4.3%, respectively

Raymond Realty Q3FY25 results: Revenue grows 11% to Rs 487.8 crore

The company's Ebitda stood at Rs 116 crore, up 19.6 per cent YoY

Indian Bank announces Q3 FY25 results: Net profit rises 32% to Rs 2,910 cr

Asset quality and 'efficiency parameters' help business growth, says Chennai-based lender

Tamilnad Mercantile Bank Q3 results: Net profit rises 6% to Rs 300 crore

The net interest income stood at Rs 570 crore for Q3 FY25, as against Rs 537 crore in Q3 FY24, registering a growth rate of 6 per cent

Bajaj Finance Q3 results: PAT rise 18% to Rs 4,308 cr on strong loan growth

Bajaj Finance booked 12.06 million new loans during the quarter, a 22% increase from last year, while net interest income grew 23% to Rs 9,382 crore

Policybazaar owner PB Fintech's Q3 PAT may rise 86% YoY, rev 44%: Analysts

Management commentary on growth, margins, the recent decision to foray into healthcare, and the rising competitive intensity from InsuranceDekho-RenewBuy merger will be eyed