Page 107 - Q3 Results

Bajaj Auto Ltd Q2FY24 results: PAT up 17.5%, riding on better product mix

After Diwali, Bajaj Auto plans to introduce six new products and upgrades in the 125 cc plus category

Global investments in space startups show signs of recovery in Q3: Report

"Despite continued headwinds in financial markets, the world is waking up to the importance of space-based technologies," Space Capital said

Citigroup profit holds steady in Q3 as investment banking fees jump

The bank's trading unit also boosted revenue, while its division providing treasury and securities services to corporations brought in 12% more revenue

Majority of cos expect new or replacement hiring in July-Dec period: Survey

Majority of companies plan to recruit people, including as new and replacement hires, in the second half of 2023, a survey said on Monday. The Naukri Hiring Outlook Survey also showed that most recruiters expect business development, marketing, and operation roles to lead hiring during the July-December period. Over 1,200 recruiters and consultants took part in the survey, which is conducted twice a year to gauge recruitment trends in companies and industries across the country. Around 92 per cent of the recruiters expect companies to hire professionals. About 47 per cent of the recruiters predicted new and replacement hiring while 26 per cent expected new job creation, it said. As per the findings, about 20 per cent of the recruiters said they would maintain their headcount during the six months and only 4 per cent foresaw layoffs or downsizing during this period. Nearly 70 per cent of the recruiters surveyed expect attrition rates to remain below 15 per cent, suggesting employe

Foxconn Q2 sales fall 14%, Q3 outlook brighter ahead of shopping season

For the month of June, sales fell 19.7% year-on-year, though at T$422.8 billion it was still the second highest figure on record for the same period

Mahabank Q3 net up 136.5% at Rs 840 cr, interest margins boost bottom-line

Public sector lender to raise capital up to Rs 7,500 cr; recommends dividend of 13% per share of Rs 10 each

Foseco India surges 9%, hits over 5-year high on strong Dec quarter results

The company's board recommended a total final dividend of Rs 40 (400%) per share, including a one-time special dividend of Rs 15 (150%)

MFIs' net profit more than doubles in Q3 on buoyant interest income

The interest income expanded by 25% YoY to Rs 2,414 crore and sequentially, it rose 9.7% from Rs 2,201 crore in Q2FY23

Deposits by public sector banks up 8.8% in December quarter: RBI data

However, they still lag the pace of private banks

India Inc's profit margin narrows in Dec quarter on high inflation: Icra

India Inc's operating profit margin narrowed by a sharp 2.37 per cent in the December quarter to 16.3 per cent on an annual basis due to inflation and rising energy costs, a domestic ratings agency said on Monday. When viewed sequentially, the operating profit margin for the December quarter expanded by 1.80 per cent over the preceding September quarter, Icra Ratings said, attributing the same to the easing in input costs and also price hikes by many companies. Going forward, while price hikes and sequential input cost reductions can boost margins in the near term, geopolitical tensions, recessionary concerns, and forex volatility continue to pose risks, the agency said. The revenue of companies, excluding those in the financial sector, grew 17.2 per cent, which was as per expectations, the agency said, adding that hotels, oil and gas, auto, airlines, and power sectors led the way. However, the revenue growth was a muted 1.4 per cent from a sequential perspective due to inflationar

SpiceJet soars 6% as board okays debt restructuring plan worth Rs 2,555 cr

The company's board approved transfer of cargo business in lieu of issuance of securities including Compulsorily Convertible Debentures (CCDs) aggregate to Rs 2,555.77 crore.

'Air travel has come roaring back': SpiceJet net profit rises 160%

Cash-strapped airline in the black after 3 qtrs; plans to raise Rs 764-cr ECLGS loan

SpiceJet soars 15% as net profit jumps five-fold to Rs 107 crore in Q3

Despite a big jump in passenger traffic, business has continued to be impacted by high fuel prices and depreciating Rupee, the company said

Fullerton India's total disbursals jump 41% in 9MFY23, AUM rises 34%

Speaking on the overall performance, the management said that the company's performance in FY22 and 9MFY23 reflected deep commitment to customers

PolicyBazaar hits over 5-month high; surges 30% thus far in February

The company expects adjusted EBITDA to turn positive in current quarter (Q4FY23).

BPCL, Tata Motors lead upgrades race after Q3, Zomato, ABFRL downgraded

Oberoi Realty and ACC too see substantial increase in their earnings forecasts for the ongoing financial year

ITC up 2%, hits record high; stock gallops over 19% from Budget Day low

The FMCG index too was seen outperforming the BSE benchmark in Thursday trade with a gain of nearly 1 per cent.

Sonata Software jumps over 4% on acquiring US-based Quant Systems

The company's North America arm has inked an agreement to buy 100 per cent in Texas-based Quant Systems in an all-cash deal of $65 million.

Delhivery jumps 5%, gains 14% in seven straight days post Q3 results

The stock was up over 5 per cent in Tuesday's trading session, and hit a high of Rs 359 on the BSE.

Marine Electricals rallies 5% after it bags order from Goa Shipyard

The company will supply shaft generators, main switch boards, distribution boards, and associated systems with OBS for PCV Project from Goa Shipyard