Page 103 - Q3 Results

IndusInd Bank Q3 results: Net profit rises 17.3% to Rs 2,298 crore

IndusInd's loan disbursements grew 20% year-on-year, while deposits rose 13%

South Indian Bank posts almost two-fold rise in Q3 profit at Rs 305.36 cr

Gross non-performing assets reduce by 74 bps, says Thrissur-based lender

Jindal Stainless Q3 results: Net profit rises 35% to Rs 691 crore

Jindal Stainless Ltd (JSL) on Thursday posted a 35 per cent rise in its consolidated net profit to Rs 691.22 crore during the December quarter, aided by trimmed expenses. Its net profit was at Rs 512.62 crore during the October-December period of the preceding 2022-23 fiscal, the company said in a regulatory filing. The company's total income was also higher at Rs 9,166.42 crore as against Rs 9,101.24 crore in the year-ago quarter. While expenses reduced to Rs 8,262.66 crore during the period under review, from Rs 8,451.20 crore a year ago. The company also announced the elevation of its Whole-time Director Tarun Kumar Khulbe as its CEO with effect from January 1, 2024. The board of the company has also given in-principal approval for the acquisition of up to 100 per cent stake in Iberjindal S.L., a subsidiary company based out in Spain. The board has delegated its power to the subcommittee of the board for negotiating the purchase price. It also approved to divest up to an entir

Chart check: Bias turns negative for HDFC Bank as stock dips below 200-DMA

The sharp fall in the last two-days has dented the charts of HDFC Bank, suggesting further downside amid some consolidation.

Asian Paints Q3 PAT rises 35% to Rs 1,448 cr, net sales at Rs 9,103 cr

Its decorative and industrial coatings business saw a combined value growth of 6.1 per cent, with a strong double-digit industrial coatings value growth

Stocks to Watch on Jan 18: HDFC Bank, NHPC, Adani Ent, IndusInd Bank, BEL

Stocks to Watch on Thursday, January 18, 2024: The ADRs of HDFC Bank tanked another 9 per cent on the New York Stock Exchange on Wednesday, after falling around 7 per cent the day before

LTIMindtree Q3 results: Net profit rises 17% to Rs 1,169 cr, revenue up 5%

Chatterjee said in a post-earnings media call that the demand environment continues to be "cautionary" and client spends are now more focused on return on investment

IIFL Finance net profit rises 29% to Rs 545 crore in December quarter

Non-bank lender IIFL Finance Wednesday reported a 29 per cent growth in net profit to Rs 545 crore for the December quarter on higher loan sales and resultant interest income, cushioning the impact of higher regulatory charges. Overall loan growth jumped 34 per cent to Rs 77,444 crore, led by its key products like gold and home loans, which grew 35 per cent and 25 per cent to Rs 24,692 crore and Rs 25,519 crore, respectively. Microfinance grew higher at 54 per cent to Rs 12,090 crore, digital loans soared 96 per cent to Rs 3,905 crore, and loans against property jumped 27 per cent to Rs 7,862 crore, the company said in a statement. Construction and real estate books stood at Rs 2,889 crore. Its total income grew 28 per cent to Rs 1,687.5 crore, the company added. The asset quality improved overall, with the gross non-performing assets ratio declining to 1.7 in the reporting period from 2.1 per cent and the net non-performing assets ratio declining to 0.9 from 1.1, said Nirmal Jain,

LTIMindtree Q3 results: Profit rises 16.8% to Rs 1,169 cr, misses estimates

Consolidated net profit of India's sixth-largest IT company rose 16.8% to 11.69 billion rupees ($140.63 million) for the three months ended Dec. 31, 2023

Asian Paints Q3 results: Net profit up 35% to Rs 1,448 cr on strong sales

Consolidated net profit rose about 35% to 14.48 billion rupees ($174.15 million) in the quarter ended Dec. 31, it said in a filing

Sensex sinks 1,628 pts, Nifty breaks below 21,600 as HDFC Bank plunges 8%

Stock market LIVE updates on January 17, 2024: HDFC Bank led losses among largecaps, sinking over 5 per cent after its Q3 profit rose 2.5 per cent QoQ to Rs 16,373 crore

Stocks to Watch on Jan 17: Asian Paints, HDFC Bank, LTTS, Godrej Prop, LTIM

Stocks to watch on Wednesday, January 17, 2024: HDFC Bank reported a 34 per cent jump in its standalone net profit to Rs 16,373 crore for Q3FY24, topping estimates by over 1 percentage point

Q3 results: HDFC Bank posts Rs 16,373 crore profit for Sept-Dec 2023

Provisions Rs 1,200 cr against AIF exposure

ICICI Lombard Q3 results: Profit up 22% at Rs 431 crore as premiums climb

Profit after tax rose to 4.31 billion rupees (nearly $52 million) for the quarter ended Dec. 31 from 3.53 billion rupees ($42.61 million) a year earlier, the ICICI Bank - backed company said

Network18 Media Q3 results: Loss at Rs 107.87 crore, revenue down 4.14%

Network18 Media & Investments Ltd on Tuesday reported a consolidated loss of Rs 107.87 crore for the third quarter ended December 2023. The company had posted a profit of Rs 8.82 crore during the October-December period a year ago, according to a regulatory filing by Network18 Media & Investments Ltd. Its consolidated revenue from operations slipped 4.14 per cent to Rs 1,773.73 crore against Rs 1,850.49 crore in the year-ago period. "Consolidated revenue for the quarter declined 4 per cent YoY to Rs 1,774 crore, primarily due to lower Movie Studio revenue," said an earning statement from Network18 Media & Investments. Its total expenses increased 6.37 per cent to Rs 2,062.53 crore in the December quarter. However, its total income, which also includes other income, in the December quarter inched up 1.56 per cent to Rs 1,930.38 crore. During the quarter, TV network share increased by 30 bps Q-o-Q to 10.8 per cent, driven by the strong performance of Hindi GEC and Movie ...

Bank of Maharashtra Q3 net up 34 % at Rs 1,036 cr, slows corporate lending

State-owned lender says it has increased share of loans in retail, agriculture and MSME segments

TV18 Broadcast Q3 results: Loss at Rs 55.8 crore, revenue down by 5.2%

TV18 Broadcast Ltd on Tuesday reported a consolidated net loss of Rs 55.83 crore for the third quarter that ended on December 31, due to investments made on the sports and digital segment. The company had posted a net profit of Rs 37.81 crore in the October-December period of the preceding fiscal, TV18 Broadcast said in a regulatory filing. Its consolidated revenue from operations was also down 5.17 per cent to Rs 1,676.19 crore, compared to Rs 1,767.71 crore in the corresponding quarter a year ago. "Consolidated revenue for the quarter declined 5 per cent YoY to Rs 1,676 crore, primarily due to lower Movie Studio revenue," said an earning statement from TV18 Broadcast. TV18 Broadcast's total expenses were up 5.2 per cent to Rs 1,907.28 crore in the December quarter. However, its total income, which also includes other income, in the December quarter was marginally up at Rs 1,841.32 crore. "News network maintained strong market positions across genres and continued to deliver ...

Himadri Speciality Chemical Q3 results: Net profit rises 67% to Rs 108.7 cr

Himadri Speciality Chemical Ltd (HSCL) on Tuesday posted a 67 per cent rise in consolidated net profit at Rs 108.78 crore during the quarter ended December 31. It had clocked Rs 65.21 crore net profit during the October-December period of the preceding 2022-23 fiscal, the company said in an exchange filing. The company's total income in the quarter rose to Rs 1,062.70 crore, over Rs 1,045.06 crore a year ago. HSCL trimmed its expenses to Rs 912.55 crore from Rs 965.59 crore. Kolkata-based Himadri Speciality Chemical Ltd is into manufacturing and supply of green energy, anode material for li-ion batteries, special types of oils and other materials for industrial usage. "Our core business is delivering strong cash flows quarter after quarter backed by strong customer relationships, quality-led production and continuous innovation," said Anurag Choudhary, CMD and CEO of Himadri Speciality Chemical Ltd. The improvement in profit is the result of in-house technology which leads to cos

ICICI Securities Q3 results: Net profit jumps 66% to Rs 466 crore

Brokerage house ICICI Securities on Tuesday reported a 66 per cent year-on-year jump in Profit After Tax (PAT) to Rs 465.7 crore in three months ended December 2023. In comparison, the company had posted a PAT of Rs 280.9 crore in the October-December quarter of the preceding fiscal (FY23), ICICI Securities, a part of ICICI Group, said in a regulatory filing. The company registered a revenue of Rs 1,323.3 crore in the quarter under review, marking a 50 per cent year-on-year (YoY) surge from Rs 879.9 crore in the three months ended December 31, 2022. The increase in revenue was led by growth in broking income in the cash segment along with the investment banking segment. "We continue to grow with our focus on the acquisition of quality clients, gaining market share in revenue-generating segments, growing our distribution business, enhancing customer experience and continued investment in enhancing franchise as well as technology. Overall, we strongly believe that the medium to long

L&T Technology retains full-year forecast after all units post Q3 growth

(Reuters) - Indian tech services provider L&T Technology Services retained its revenue growth forecast for the current financial year on Tuesday as all its five business verticals posted year-on-year growth for the third quarter.