Page 110 - Q3 Results

Brokerages raise ratings on Nippon, HDFC AMCs following better Q3 show

Among the four listed AMCs, two report profit growth in Q3, other two see a decline

IndiGo restores pilots' increments amid financial turnaround, Q3 profit

Airline made net profit of Rs 1,422 cr in Q3FY23, after three consecutive quarters of loss

Why the British operations remain a drag on Tata Steel's performance

Analysts believe that the challenges on account of the UK are not going away in hurry

Financial services firm KFin Technologies reports 79% profit growth in Q3

Total income rises 14% to Rs 194 crore while expenses declined 4.8% to Rs 123 crore

Debt-ridden Jaypee Infratech Dec quarter net loss widens to Rs 601 crore

Debt-ridden Jaypee Infratech Ltd, which is undergoing insolvency resolution, on Monday reported widening of its consolidated net loss to Rs 601.24 crore for the third quarter of this fiscal. Its net loss at stood Rs 540.03 crore in the year-ago period. Total income rose to Rs 312.66 crore in the December quarter of this fiscal from Rs 294.76 crore earlier. During the April-December period of this fiscal, the consolidated net loss stood at Rs 1,825.03 crore as against a net loss of Rs 1,683.32 crore in the year-ago period. Total income rose to Rs 946.19 crore in the first three quarters of this fiscal from Rs 770.4 crore in the corresponding period of the previous year. The company is earning revenue from the Yamuna Expressway Project that connects Greater Noida to Agra, as well as its healthcare business. Jaypee Infratech Ltd is facing corporate insolvency resolution process (CIRP) since August 2017. In November last year, the National Company Law Tribunal (NCLT) reserved its o

Highest-ever quarterly revenue by Essar Oil in Q3 as CBM output doubles

The company reported 100% offtake of gas through GAIL's Urja Ganga pipeline

Adani Enterprises Q3 results tomorrow: Know about its past performance here

Adani Enterprises has been in the spotlight since January 24 when the US-based short-seller Hindenburg Research released a report stating that its shares are overvalued

Sensex slips 251 pts ahead of inflation data; SBI, IT shares fall

CLOSING BELL: The NSE Nifty 50 ended 86 points lower; Broader indices log deeper cuts. Adani Group shares fall again.

Brigade Enterprises sells properties worth Rs 2,618.5 cr in Apr-Dec FY23

Realty firm Brigade Enterprises has sold housing and commercial properties worth Rs 2,618.5 crore during the first three quarters of 2022-23 fiscal, up 31 per cent from the year-ago period, on better demand and higher price realisation. Bengaluru-based Brigade Enterprises is one of the leading real estate firms in the country with a strong presence in South India. In its investor presentation, the company highlighted that it has "achieved sales value of Rs 26,185 million (Rs 2,618.5 crore) during 9 months of FY23, a growth of 31 per cent over 9 month of FY22". Its sales bookings stood at Rs 1,994.8 crore in the year-ago period. In volume terms, the sales bookings rose 25 per cent to 39,58,000 square feet during the April-December period of 2022-23 fiscal from 31,68,000 square feet in the corresponding period of the previous fiscal. The average sales realisation grew 5 per cent to Rs 6,616 per square feet from Rs 6,298 per square feet. Out of the total sales bookings in the first

Brokerages downgrade Lupin post weak Q3; see up to 17% downside

Lupin shares fell 7.5 per cent to Rs 681 apiece on the BSE in the intra-day trade

Natco Pharma jumps 4% on filing generic version of oncology drug in US

The drug major filed an abbreviated new drug application (ANDA) for generic versions of Olaparib tablets - 100 mg and 150 mg with the US Food and Drug Administration (USFDA)

Oil India hits 8-month high on highest-ever quarterly profit in Q3FY23

In the past six months, Oil India soared 26 per cent, as against 3 per cent rise in the S&P BSE Sensex

Info Edge slumps 10% on Rs 116 cr Q3 loss; writes-off invst in 4B Network

The losses in the recent quarter mainly accrued as the company wrote off its investment in property tech start-up 4B Networks. It had invested Rs 276 crore in the start-up as of September 2022

City Union Bank shares crash 13.5% after Q3 earnings dip on quarterly basis

According to analysts, CUB's results had several areas of weakness this quarter

Glenmark Pharma jumps 5% post December quarter earnings

The company reported a 21 per cent surge in Q3 consolidated net at Rs 291 crore.

Stocks to watch: M&M, Nykaa, SAIL, Sun Pharma, NALCO, Oil India, Tata Steel

Stocks to watch today: SAIL, Nykaa, Power Finance Corporation, Gujarat Gas, Castrol India, Campus Activewear will report the October-December quarter (Q3FY23) results

TMS Ep367: India's infra ambitions, Railways, markets, pledging of shares

Will the Adani crisis affect India's infra ambitions? What challenges Budget bonanza present to Railways? Which risks did Q3 earnings highlight for India Inc? What is pledging of shares? Answers here

Fast food gets a lot slower: Downgrades to bite quick-service restaurants

On their Q3 menu: They weren't able to absorb demand slowdown, cost pressures

Oil India reports highest-ever quarterly profit of Rs 1,746 cr in Q3

State-owned Oil India Ltd (OIL) reported its highest ever quarterly net profit in the third quarter ended December 31 on the back of a rise in oil and natural gas prices. Net profit of Rs 1,746.10 crore, or Rs 16.10 per share, in October-December compared with Rs 1,244.90 crore, or Rs 11.48 a share, in the same period a year back, the company said in a statement. The rise in profitability was helped by higher realisation on crude oil and gas the firm produces and sells. Also, output increased, helping both topline and bottomline. OIL earned USD 88.33 for every barrel of crude oil it produced and sold in the third quarter of the current fiscal, up from USD 78.59 a barrel realisation in the year-ago period. Crude oil is refined at refineries to produce fuels such as petrol and diesel. Prices of natural gas, which is used as fuel to produce electricity, make fertilizers and converted into CNG for use in automobiles, rose to USD 8.57 per million British thermal unit from USD 6.10. Th

Nayara Energy Q3 profit up 2% as shutdown, windfall tax impact margins

Nayara Energy, India's second largest private oil refining and fuel marketing company, saw its net profit rise by a marginal 2 per cent in the third quarter ended December 31 as the company undertook a month-long maintenance shutdown and windfall tax impacted margins. Net profit of Rs 869.8 crore in October-December compared with Rs 850.3 crore profit in the same period a year back, according to a stock exchange filing by the company. Revenue from operations dropped to Rs 24,757.7 crore in the third quarter of the current fiscal from Rs 32,412.9 crore a year back. This was mainly because the company fully shut its 400,000 barrels per day or 20 million tonnes per annum Vadinar refinery in Gujarat for about a month in November for routine maintenance. The firm also operates a network of 6,497 petrol pumps or 7.5 per cent of all fuel stations in the country. For the first nine months of the current fiscal, Nayara reported a net profit of Rs 6,226.9 crore on a turnover of Rs 1 lakh cr