The Indian coal ministry expects Coal India to surpass its production target of 700 mln tonnes fixed for the current fiscal
Total expenses were higher at Rs 1,248.62 crore in the third quarter, up from Rs 1,014.23 crore a year ago
Nasdaq-listed firm says demand for travel and tourism improved during the quarter on peak seasonality. Gross booking grew 64% YoY in constant currency terms to $1.74 billion
The contribution of Jindal Steel's exports to its sales on a standalone basis fell to 5% in the quarter from 23% a year ago
Total expenses rose 23.4% to Rs 12,313 crore in the quarter ended Dec. 31
CLOSING BELL: Broader markets, too, remained upbeat throughout the day as Nifty MidCap 100 and Nifty SmallCap 100 outperformed benchmark indices to close up to 2 per cent
A 40% surge in input costs pushed up total expenses by 20.4% to Rs 2.30 trillion
Sun Pharma on Tuesday reported a consolidated net profit of Rs 2,166 crore for the third quarter ended December 31, 2022. The Mumbai-based company had posted a net profit of Rs 2,059 crore for October-December period of the previous fiscal year. Total revenue from operations stood at Rs 11,241 crore in the period under review. It was Rs 9,863 crore in the year-ago quarter, Sun Pharmaceutical Industries said in a regulatory filing. On February 28, 2022, the company's subsidiary Taro Pharmaceutical Industries had acquired all of the outstanding capital stock of Galderma Holdings Inc; Proactiv YK ; The Proactiv Company Corporation ; and its other assets, the drug major said. Accordingly, results for the quarter and nine months ended December 31, 2022 are not comparable to the year-ago periods', it noted. The company's board, which met on Tuesday, also approved an interim dividend of Rs 7.50 per share of Re 1 for 2022-23. Shares of the company were trading 1.11 per cent down at Rs
This is despite a 23.4% surge in total revenue to Rs 544 cr in Q3FY23, from Rs 441 crore a year ago
The domestic air traffic capacity reached close to full capacity in Q3, while a pick up in international commercial flights provided the much needed relief to the aviation industry
Bank of Baroda Q3 preview: Analysts said traction in deposits, margin trajectory, and update on appointment of new MD & CEO would be on investors' radar
SBI Q3 preview: Brokerages believe the lender may report loan growth of 17-19 per cent year-on-year (YoY), in-line with industry growth
Britannia outperformed peers as shares surged 12 per cent in Q3FY23, whereas peers like Hindustan Unilever (HUL), Dabur India, ITC, and Tata Consumer declined up to 5 per cent, during the same period
Tech Mahindra is witnessing moderation in growth, slower decision-making for projects, cuts in discretionary spending and shrinking budgets for short-term tactical deals, its management said
L&T reported a strong order book of Rs 3.72 trillion, suggesting good revenue visibility in coming years.
Stocks to Watch today: Stock exchanges BSE and NSE on Monday revised the circuit limits for three Adani group companies - Adani Total Gas, Adani Transmission, and Adani Green Energy - from 20% to 10%
Bajaj Finserv, holding company of Bajaj Group's financial services businesses, on Monday reported a 42 per cent growth in consolidated net profit at Rs 1,782 crore in the quarter ended December 2022, on high double-digits revenue growth. The Pune-based company, which is into retail lending, life and general insurance, and wealth management, among others, said its consolidated revenue grew 23 per cent to Rs 21,755 crore during the reporting quarter. Its flagship Bajaj Finance recorded highest ever quarterly profit after tax of Rs 2,973 crore, up 40 per cent on-year, while its wholly-owned subsidiary Bajaj Home Finance recorded a growth of 81 per cent in net profit. Bajaj Allianz General Insurance gross written premium grew 29 per cent to Rs 3,821 crore, while the life insurer Bajaj Allianz Life recorded a growth of 22 per cent in individual rated new business premium at Rs 2,289 crore, down from Rs 2,377 crore. Its individual rated new business premium rose 22 per cent to Rs 1,255 .
BPCL's market sales for the December quarter stood at 12.81 MMT versus 11.21 MMT reported last year
Despite the hit to profits, revenue from operations rose to a record Rs. 1.11 trillion in the first nine months of FY23
India's state-owned infrastructure finance company REC Ltd on Monday reported a 5.1% rise in third-quarter profit, as it cut down its total expenses