Q3 Results

hBits aims to list first SM REITs by Q3FY25, applies for licence with Sebi

The company stated that this strategic move is part of hBits' commitment to democratising access to commercial real estate investments for retail investors across India

Disney returns to profit in Q3 as streaming business starts making money

Disney returned to a profitable third quarter as its combined streaming business started making money for the first time and the movie Inside Out 2 did well in theatres. Operating income for the entertainment segment nearly tripled to USD 1.2 billion thanks to better performances from its direct-to-consumer and content sales/licensing and Other segments. The Walt Disney Co. said Wednesday that its direct-to-consumer business, which includes Disney+ and Hulu, reported a quarterly operating loss of USD 19 million, which was smaller than its loss of USD 505 million a year earlier. Revenue climbed 15 per cent to USD 5.81 billion. For the period ended June 29, Disney earned USD 2.62 billion, or USD 1.43 per share. A year earlier it lost USD 460 million, or 25 cents per share. Stripping out one-time gains, earnings were USD 1.39 per share, easily topping the USD 1.20 analysts polled by Zacks Investment Research expected. Revenue for the Burbank, California, company rose 4 per cent to US

Accenture narrows full-year guidance; Q3 revenue declines 1% to $16.47 bn

New bookings for Q3FY24 reached $21.06 billion, a 22 per cent increase Y-o-Y

Pernod Ricard banks on dynamic Q4 as US and China drag on sales in Q3

But the world's No.2 western-style spirits maker on Thursday pointed to a "soft" Lunar New Year in China, when huge celebrations normally boost spirits sales

SBI hits new high, up 31% in 6 weeks; market-cap hits Rs 7 trillion-mark

Brokerages remain upbeat on the stock following strong show in Q3 earnings

Apeejay Surrendra Park Hotels Q3 net profit rises 46 pc to Rs 27.42 cr

Apeejay Surrendra Park Hotels Ltd on Monday reported a 46 per cent rise in consolidated net profit to Rs 27.42 crore in the third quarter ended December 31, 2023. The company had posted a consolidated net profit of Rs 18.77 crore in the same quarter last fiscal, the newly-listed firm said in a regulatory filing. Total income during the quarter under review stood at Rs 163.61 crore as against Rs 142.64 crore in the year-ago period. Total expenses in the quarter were higher at Rs 102.99 crore as compared to Rs 89.74 crore in the same period a year ago, the company said. This is the first earnings statement by the company which runs hotels under brands, including the Park, Park Collection, Zone by The Park, and Zone Connect by The Park, after its listing on bourses in February.

Triveni Turbine hits new high; zooms 41% in 18 days post Q4 results

A combined 8.98 million equity shares representing 2.8 per cent of total equity of the company changed hands on the NSE and BSE.

Q3 GDP may slide to 6.7-6.9% on poor farm sector show: SBI Research

The Indian economy is likely to grow at 6.7-6.9 per cent in December quarter FY24 as compared to 7.6 per cent growth in the second quarter on poor performance in the farm sector, a report by SBI Research said on Wednesday. The report comes a day ahead of the release of official GDP data for the third quarter of 2023-24 financial year. India retained the tag of the world's fastest-growing major economy, with its GDP expanding by a faster-than-expected rate of 7.6 per cent in September quarter on booster shots from government spending and manufacturing. The 6.7-6.9 per cent growth forecast by SBI Research is lower than the Reserve Bank's 7 per cent growth projection for the quarter. SBI Research has projected Q4 GDP at 6.8 per cent. SBI Research said the biggest reason for the lower growth forecast is the very poor show by the farm sector as, barring fisheries, the whole sector is badly affected. As per the first advance estimates, the production of major kharif crops in 2023-24 is

Jana SFB Q3FY24 results: Net profit rises 12.82% to Rs 134.64 crore

Its net interest income rose by 24.4 per cent Y-o-Y to Rs 548.5 crore in Q3, up from Rs 440.8 crore in Q3 FY23

Magadh Sugar Q3 results: Net profit rises 77.3%, income at Rs 219 cr

Magadh Sugar & Energy, a part of the KK Birla group, on Wednesday reported a 77.3 per cent increase in its net profit to Rs 39 crore in the third quarter of the current financial year. The company had posted a Rs 22 crore profit in the same period previous fiscal. The total income of the company stood at Rs 219 crore at the end of the September-December quarter, registering a rise of 4.2 per cent over Rs 210 crore in the year-ago period, a company statement said. Its earnings before interest, taxes, depreciation and amortisation (EBITDA) stood at Rs 62 crore at the end of the quarter under review as against Rs 45 crore in the same period in the previous financial year. Magadh Sugar & Energy chairperson C S Nopany said, "In the light of recent government notifications, including a rise in sugar cane prices in Bihar, and adjustments to ethanol procurement targets, challenges have increased. Amidst these challenges, the company remains steadfast in leveraging synergies and ...

Sona BLW shifts gear with order boost from electric vehicle space

Firm's efforts to broaden portfolio, scale-up, and diversify customer base will lead to strong earnings growth: Analysts

ReNew Q3 results: Loss narrows to Rs 321 cr, revenue rises to Rs 1,929 cr

ReNew on Tuesday said its net loss narrowed to Rs 321.6 crore during the quarter ended December 31, 2023. It had posted a net loss of Rs 401.3 crore during the October-December period of the preceding 2022-23 financial year, the renewable energy firm said in a statement. The company's total revenue rose to Rs 1,929 crore, from Rs 1,607.7 crore in the year-ago period. The earnings before interest, taxes, depreciation, and amortization (EBITDA) was Rs 1,250.9 crore in the quarter under review, as against Rs 1,162.8 crore the third quarter last fiscal. As of December 31, 2023, the company's portfolio consisted of 13.8 GW capacity, of which 8.5 GW is commissioned and 5.3 GW committed capacity, compared to 13.4 GW capacity as of December 31, 2022. During the April-December period, the net profit was at Rs 353.8 crore. The company had reported a net loss of Rs 510.3 crore in the first nine months of FY23. Total income was at Rs 7,241.4 crore in the first nine months of this financial y

Tailwinds may support momentum in residential space: Brigade Enterprises MD

Shankar talks about the company's strategic business initiatives, meticulous product development, and expansion plans

Stocks to Watch: L&T, Whirlpool, CIE Auto, ESAF SFB, Ujjivan SFB, NBCC

Stocks to watch on Tuesday, February 20, 2024: Whirlpool of India parent company likely to offload 24 per cent stake via block deal today.

Strong Q3 performance stokes more upgrades than downgrades, shows data

Analysts raised 2023-24 (FY24) earnings estimates for 49 per cent of 162 companies

Stock of this non-banking finance company has zoomed 105% in 3 months

Shares of Paisalo Digital rallied 15% to hit a record high of Rs 164 in intra-day trade on Monday, thus surging 63% in past one month on promoter buying and strong December quarter earnings.

Encouraging signals

Q3FY24 results show private capex and rural demand improving

NBFC-MFIs post 80% growth in net profit at Rs 1,105 cr for Q3 FY24

High credit offtake; interest rate hikes boost bottomline

Sensex ends 376 pts up, Nifty above 22K; Auto stocks rally, SpiceJet up 11%

Stock market highlights on February 16, 2024: Sensex, Nifty gain for fourth day; Paytm snapped its three-day decline to close at the 5 per cent upper circuit

From Delhivery to Zomato, Q3 sees startups turn a profitable corner

Startups like Delhivery, Zomato, PolicyBazaar, Mamaearth, and Nykaa have either become profitable or improved their profit margins in Q3FY24