Page 135 - Q3 Results

Result season: Higher commodity prices dent corporate India's Q3 margins

According to the report, the ongoing results season is behaving largely on expected lines as far as topline growth is concerned

Max Healthcare net profit at Rs 190 cr in December quarter

The company had posted a PAT and share of associates at Rs 90.36 crore for the year-ago period, Max Healthcare said in a regulatory filing

Nandan Denim net proft surges 546% to Rs 20 cr in December quarter

Revenue from operations grew by 87.15% to Rs 583.17 crore for Q3FY22

IFCI's consolidated net loss narrows to Rs 684.8 cr in Dec quarter

Infrastructure term lender IFCI Ltd reported narrowing of its consolidated net loss to Rs 684.82 crore for the December 2021 quarter.

Allcargo Logistics net profit soars multi-fold to Rs 354 crore in Q3

Allcargo Logistics reported a multi-fold jump in consolidated net profit to Rs 354.16 in the October-December quarter compared to Rs 22 crore in the same quarter last year.

Tata Power: Strong Q3 performance, but the valuations are high too

Analysts target prices vary, indicating an upside of upto 10 per cent to a downside of 5 per cent for the stock

Oil India Q3 net profit jumps 37% to Rs 1,245 cr, total income rises 88%

State-owned Oil India Ltd on Friday reported 37 per cent jump in third quarter net profit as it benefitted from a rise in international oil prices. Net profit of Rs 1,244.90 crore in October-December 2021 is compared with Rs 903.69 crore net profit a year back, the company said in a statement. Total income jumped 88 per cent to Rs 4,705.20 crore in the three-month period ended December 31, 2021. "Average crude oil price realization for Q3 2021-22 is USD 78.59 per barrel as compared to USD 44.09 for Q3 of 2020-21, increase of 78.25 per cent," it said. Also, natural gas price rose to USD 2.90 per million British thermal unit from USD 1.79. While natural gas production rose 18 per cent to 0.793 billion cubic meters in Q3, crude oil production was almost unchanged at 0.75 million tonne. Board of OIL declared a second interim dividend of Rs 5.75 per share for 2021-22 which resulted in total interim dividend till date of Rs 9.25 per share for the fiscal year. For nine months ended Dec

Brookfield REIT's net drops 12% to Rs 60 cr in Q3, revenue down 8%

Announces a planned distribution of Rs 150 crore (Rs 5.00 per unit) this quarter, with 34 per cent of distributions tax free for unit holders

Sobha's Q3 net rises 57% to Rs 33 cr, revenue dips 2% to Rs 668 cr

The company achieved total cash inflow of Rs 1,059 crore during Q3 of FY22 which is the highest in its lifetime

NHPC's net profit falls 7.5% to Rs 888.8 crore in December quarter

State-owned hydropower giant NHPC reported a nearly 7.5 per cent dip in its consolidated net profit to Rs 888.76 crore in the December 2021 quarter, mainly due to lower revenues. The company had reported a consolidated net profit of Rs 961.64 crore in the corresponding quarter last fiscal, according to a BSE filing. Its total income in October-December 2021 stood at Rs 2,373.72 crore, compared with Rs 2,610.69 crore in the year-ago period. The company's board in its meeting on Friday declared the payment of interim dividend at the rate of 13.10 per cent (Rs 1.31 per equity share) on the face value of paid-up equity shares of Rs 10 each for 2021-22. The board has fixed February 23 as the record date for the purpose of ascertaining the eligibility of shareholders for payment of the interim dividend. The interim dividend shall be paid/ dispatched within the period as stipulated in the Companies Act, 2013. The board also approved the proposal for a change of the company's logo.

Voltas third quarter consolidated net profit down 25% to Rs 97 crore

Voltas Ltd on Friday reported 24.93 per cent decline in The Tata group firm had posted a consolidated net profit of Rs 128.64 crore for the year-ago period, Voltas said in a regulatory filing

Ashok Leyland back in the black with Rs 6 crore net profit in Q3

The firm has posted a loss of Rs 19 crore during October to December period of the previous financial year

Fortis Healthcare's Q3 profit after tax sees over twofold jump to Rs 142 cr

Fortis Healthcare on Friday said its consolidated profit after tax (PAT) rose by over twofold to Rs 142 crore in the third quarter ended December 31, 2021. The company had reported a PAT of Rs 54 crore in the corresponding period last fiscal. Its revenue during October-December 2021 rose to Rs 1,466.7 crore as compared with Rs 1,177 crore in the year-ago period, Fortis Healthcare said in a statement. "Our efforts to drive operations both in terms of revenue accretion and cost optimisation initiatives have yielded positive results as witnessed in the Q3 performance and over the past few quarters," Ravi Rajagopal, chairman (board of directors) of Fortis Healthcare, said. Strategic plans for further strengthening clinical specialities, medical programmes and infrastructure are actively being pursued, he added. "Investments in brownfield (existing) bed expansion should see the company add close to 250-300 beds each year for the next few years, taking our operational bed capacity to ov

Defence PSU GRSE Q3 net profit up 10%; govt gets Rs 42 cr interim dividend

Defence PSU Garden Reach Shipbuilders Ltd (GRSE) on Friday announced a 10 per cent jump in net profit to Rs 63 crore for the third quarter ending December 2021 amid Covid disruptions.

Godrej Industries Q3 net profit at Rs 183 crore; revenue at Rs 3,515 crore

Godrej Industries Ltd reported a profit after tax of Rs 182.78 crore for third quarter ended December 2021 and announced investment of up to Rs 2,500 crore in Godrej Properties and Godrej Agrovet Ltd

Apollo Hospitals net profit jumps 82% to Rs 243 cr in December quarter

'The third quarter saw us continue on the path to recovery in line with the revival in the overall economy,' Apollo Hospitals Group Chairman Prathap C Reddy noted

Metropolis Healthcare net profit dips 30% to Rs 41 cr in December quarter

Metropolis Healthcare on Friday said its net profit declined 29.69 per cent to Rs 41.2 crore for the third quarter ended December 31, 2021. The diagnostics chain had reported a net profit of Rs 58.6 core in the same period of previous fiscal. Revenues, however, increased to Rs 293.1 crore in the period under review as against Rs 274.7 crore in the same period of 2020-21 fiscal, Metropolis Healthcare said in a statement. "We have been able to grow our non-COVID revenue despite a sharp drop in volumes from a government contract. We have made increased investments in digital and marketing, manpower & customer experience initiatives in order to strengthen our brand. This has impacted margins which we believe is a short-term phenomenon," Metropolis Healthcare Promoter and Managing Director Ameera Shah noted. The company has been able to successfully complete the acquisition of Hitech Diagnostics during the third quarter which will enable it to scale up business, improve the B2C revenue

Sobha consolidated net profit rises 51% to Rs 32.7 crore in Dec quarter

Realty firm Sobha Ltd on Friday reported a 51 per cent increase in its consolidated net profit at Rs 32.7 crore for the quarter ended December.

Inox Wind net loss widens to Rs 63.95 cr in December quarter

Total income dipped to Rs 185.91 crore in the quarter from Rs 209.44 crore in the same period a year ago

Arvind Fashions posts Q3 net of Rs 6 crore after narrowing biz

Having raised funds to deleverage, it had exited certain brands to focus on only six marquee ones: US Polo Association, Arrow, Flying Machine, Calvin Klein, Tommy Hilfiger and beauty brand Sephora