Page 141 - Q3 Results

IndiGo swings back to profit after 7 qtrs, appoints co-founder Bhatia as MD

IndiGo swung back into profit after registering seven consecutive quarters of loss thanks to a rebound in travel demand during the holiday season

Bank of India Q3 net up 90% to Rs 1,027 cr on sharp fall in provisions

The bank's NII declined by 18.7% to Rs 3,407 crore in reporting quarter

Airtel Africa profit after tax up 54% to $180 million in December quarter

Airtel Africa reported a 54.4 per cent increase in profit after tax (PAT) to $180 million for the December 2021 quarter.

Birla Corp December qtr net down 59% to Rs 60 cr as cement demand shrinks

Revenues for the quarter dipped from Rs 1,823 crore to Rs 1,757 crore as sales volume dropped by 5.6%

Lupin consolidated net profit up 24% at Rs 545 crore in Dec quarter

Drugmaker Lupin reported a 24.45 per cent rise in its consolidated net profit at Rs 545.5 crore for the third quarter ended December 31

Eveready Industries net profit down 51% to Rs 24 crore in Dec quarter

Battery and flashlights maker Eveready Industries India Ltd reported 51.41 per cent decline in consolidated net profit at Rs 23.71 crore for the third quarter ended December 31, 2021.

Shree Cements Ltd Q3 net profit decline 23.5% at Rs 482.70 crore

Shree Cements Ltd on Friday reported a decline of 23.57 per cent in its consolidated net profit at Rs 482.70 crore for the third quarter ended December 31, 2021. It had reported a net profit of Rs 631.58 crore in the October-December quarter a year ago, Shree Cements said in a filing to the BSE. Its revenue from operations was up 2.24 per cent at Rs 3,637.11 crore during the quarter under review as against Rs 3,557.21 crore in the corresponding quarter last fiscal. Shree Cements' total expenses were at Rs 3,131.12 crore, up 11.32 per cent in Q3/FY22, as against Rs 2,812.58 crore. Meanwhile, in a separate filing, Shree Cements informed that its board in a meeting held on Friday declared an interim dividend of Rs 45 per equity share of Rs 10 each for the financial year 2021-22. The company operates into the market with the brands -- Bangur Cement, Shree Cement, Shree Jung Rodhak and Rockstrong. Shares of Shree Cements Ltd on Friday settled at Rs 24,704 on the BSE, down 0.54 per cen

Tata Steel PAT up 139% to Rs 9,598 cr in Dec qtr on economic recovery

Consolidated turnover was at Rs 60,783 crore in the quarter compared to Rs 41,935 crore a year back

Paytm loss widens 45% to Rs 778 cr in Q3, revenue rises 89%

The number of loans through the fintech platform grew to 4.4 million in Q3 of FY22, representing a growth of 401 per cent year on year - whereas value of loans rose 366 per cent to Rs 2,181 crore

CreditAccess Grameen reports Rs 117 crore net profit in Dec-quarter

Leading microlender CreditAccess Grameen reported a net income of Rs 117 crore for the three months to December, as against a net loss of Rs 79.1 crore a year ago.

Dalmia Bharat Sugar consolidated net profit at Rs 57 cr in third quarter

Dalmia Bharat Sugar and Industries Ltd posted 52.5 per cent jump in consolidated net profit at Rs 56.58 crore during the third quarter of 2021-22.

Aditya Birla Fashion Q3 net profit up over three-folds at Rs 196.80 crore

Aditya Birla Fashion and Retail Ltd reported an over three-fold jump in its net profit at Rs 196.80 crore for the third quarter ended December 2021

City Union Bank Q3 net rises 15% to Rs 196 crore on lower provisioning

City Union Bank (CUB) on Friday reported a 15 per cent rise in net profit at Rs 196 crore for the quarter ended December 2021 on lower provisioning requirements.

Godrej Agrovet Q3 consolidated net down 8.37 pc at Rs 62.39 cr

Agri-business company Godrej Agrovet reported an 8.37 per cent decline in consolidated net profit at Rs 62.39 crore for the quarter ended December 2021.

Siemens December quarter net profit drops 15% to Rs 250 crore

Siemens on Friday reported 15 per cent dip in consolidated net profit at Rs 250.8 crore for December quarter 2021. The company had logged a net profit of Rs 295.5 crore in the year-ago period, a BSE filing stated. Total income rose to Rs 3,610 crore in the quarter from Rs 2,983.3 crore in the same period a year ago. Total expenses also rose to Rs 3,272.5 crore from Rs 2,623 crore. The company follows October to September financial year. During the quarter, Siemens registered revenue from continuing operations at Rs 3,197 crore, 11.8 per cent increase over the year-ago period, a company statement said. New orders from continuing operations stood at Rs 5,300 crore, a 65.3 per cent increase over the same period last year. The company's order backlog stands at Rs 15,575 crore. Profit after tax from continuing operations was at Rs 245 crore, down 6.5 per cent over the same period last year, it stated. "All our businesses demonstrated very strong growth. New orders booked in the quar

Thermax consolidated net profit down 5% to Rs 79 crore in Dec quarter

Energy and environment solutions provider Thermax reported 5 per cent dip in consolidated net profit at Rs 79 crore for December quarter 2021-22

Radico Khaitan Q3 net profit down 5.8% at Rs 79.13 crore; sales up 8.8%

Liquor maker Radico Khaitan Ltd has reported a decline of 5.88 per cent in its consolidated net profit at Rs 79.13 crore for the third quarter ended December 2021. The company had posted a consolidated net profit of Rs 84.08 crore in the October-December quarter a year ago, Radico Khaitan said in a BSE filing on Thursday. However, its revenue from operations was up 8.84 per cent to Rs 3,306.67 crore during the quarter under review as against Rs 3,037.90 crore in the corresponding period a year ago. Radico Khaitan's total expenses were at Rs 3,207.73 crore, up 9.39 per cent in Q3/FY 2021-22, as against Rs 2,932.29 crore. Its sales volume of total Indian-Made Foreign Liquor (IMFL) was up 7.4 per cent during the quarter to 6.98 million cases. Meanwhile, in a separate filing, Radico Khaitan informed that its board in a meeting held on Thursday approved establishment of a new greenfield grain-based distillery in Sitapur, Uttar Pradesh, with a production capacity of up to 330 KL per day

ABFRL net profit jumps over three-fold to Rs 196.80 cr in December quarter

Aditya Birla Fashion and Retail Ltd on Friday reported over a three-fold jump in its net profit to Rs 196.80 crore for the third quarter ended December 31. The company had posted a net profit of Rs 58.44 in the year-ago quarter, Aditya Birla Fashion and Retail Ltd (ABFRL) said in a regulatory filing. Its revenue from operations rose 43.87 per cent to Rs 2,987.10 crore during the quarter under review, against Rs 2,076.19 crore in the corresponding period of the previous fiscal. ABFRL's total expenses increased 36.52 per cent to Rs 2,744.35 crore in the quarter, from Rs 2,010.17 crore a year ago. Its revenue from Madura Fashion & Lifestyle segment surged 57.59 per cent to Rs 1,990.52 crore, compared to Rs 1,263.10 crore in the year-ago quarter. Pantaloons' revenue increased 31.45 per cent to Rs 1,066.43 crore, against Rs 811.27 crore. Shares of Aditya Birla Fashion and Retail Ltd on Friday closed 2.91 per cent lower at Rs 295.30 apiece on the BSE.

Top headlines: Fresh blow to Musk's India plans; IndiGo posts profit in Q3

Business Standard brings you the top headlines on Friday

Sensex slips 143 pts; Nifty holds 17,500; Realty, PSBs dip, metals shine

Among the Sensex pack, SBI was the biggest loser as it dropped over 2 per cent. M&M, NTPC, Kotak Bank, Bajaj Finserv, HDFC, Power Grid, and RIL were the other losers, all down between 1-1.8 per cent