Page 146 - Q3 Results

Central Bank Q3 profit jumps 69% at Rs 279 cr on core income growth

Central Bank of India on Friday reported 69 per cent jump in net profit at Rs 279 cr for the quarter ended December 2021 on the back of healthy growth in core income and fall in bad loan proportion.

LIC Housing Finance shares jump nearly 13% as firm sees 6% rise in profit

Shares of LIC Housing Finance (LICHFL) on Friday zoomed nearly 13 per cent after the firm reported a 6 per cent increase in profit after tax for the quarter ended December 2021. The stock jumped 12.63 per cent to Rs 389 on the BSE. On the NSE, it rallied 12.59 per cent to Rs 389. Mortgage lender LIC Housing Finance on Thursday reported a 6 per cent increase in profit after tax at Rs 767.33 crore for the quarter ended December 2021, aided by higher collections and drop in provisions. It had reported a profit after tax of Rs 727.04 crore in the same period of the previous fiscal. "The income levels were more or less maintained. Our collections were good during the three months of the quarter. Recovery also picked up across all the regions. "Even the provisions were less in the quarter because of the provisions we had made earlier," the company's Managing Director and CEO Y Viswanatha Gowd said. The lender reported better growth in the quarter due to higher disbursements during the

MapmyIndia slips 11%, hits record low post December quarter results

The company's consolidated net profit declined 14 per cent YoY to Rs 18.52 crore in Q3FY22.

RBL Bank Q3 net up 6% to Rs 156 cr on lower provisions, robust NII

Profit number beats Bloomberg estimate of Rs 75.7 crore. Sequentially net profit was up 5x

Canara Bank Q3 net rises 115.8% on steady growth in NII, dip in provisions

The bank's NII grew by 14.11 per cent to Rs 6,946 crore in Q3FY22 as against Rs 6,087 crore in Q3FY21.

Colgate-Palmolive India net profit rises 1.6% to Rs 252.3 crore

FMCG major Colgate-Palmolive India Ltd on Thursday reported an increase of 1.6 per cent in its net profit to Rs 252.33 crore for the third quarter ended December 2021. The company had posted a net profit of Rs 248.36 crore in the corresponding quarter of the last financial year, Colgate-Palmolive India Ltd (CPIL) said in a BSE filing. Its revenue from operations during October-December 2021 increased 3.84 per cent to Rs 1,271.29 crore, against Rs 1,224.21 crore in the year-ago period. Total expenses stood at Rs 945 crore in the December 2021 quarter, a rise of 3.98 per cent as compared with Rs 908.77 crore a year ago. CPIL Managing Director Ram Raghavan said, "Despite the macro challenges, our growth remains strong, consistent and driving the right balance between volume and revenue growth. Brand penetration strengthening reflects continued consumer trust in our brands. We continue with our strong innovation pipeline with new initiatives launched this quarter." Shares of ...

RBL Bank Q3 net slips 17%; net interest income up 0.10% to Rs 1,010 cr

Rajeev Ahuja, the interim chief executive and managing director, said the performance across businesses is looking good and the fourth quarter of FY22 and the time ahead will see it deliver better per

Home First Finance reports multifold jump in profit to Rs 46 cr in Dec qtr

The Company had posted a net profit of Rs 16 crore during the year-ago quarter of December 2020

Birlasoft's net profit jumps 18.2% to Rs 114 crore in December quarter

The IT services company had posted a profit of Rs 96.4 crore in the October-December 2020 period

MapmyIndia consolidated PAT declines 14% to Rs 18 crore in Q3

The company had registered a consolidated PAT of Rs 21.59 crore in the same period a year ago

Coforge Q3 consolidated net profit jumps over 50% to Rs 184 crore

The company had posted a net profit of Rs 122 crore in the year-ago period

Hindustan Media Ventures Q3 net profit down 12% to Rs 31 crore

The company had posted a net profit of Rs 35.19 crore for October-December period a year ago

Sensex slips 581 pts amid hawkish US Fed, F&O expiry; Nifty holds 17,100

Sectorally, the Nifty PSU Bank index jumped a massive 5 per cent on the NSE, while the Nifty Bank and Private Bank indices added about a per cent each

Wockhardt reports consolidated net profit of Rs 1.77 cr in Q3

Drug maker Wockhardt on Thursday reported a consolidated net profit of Rs 1.77 crore for the third quarter of 2021

Torrent Pharma tumbles 14% on disappointing Q3 results

In Q3FY22, earnings before interest tax and depreciation and amortization (EBITDA) margins declined 490 bps YoY to 25.5 per cent driven by price erosion in the US.

Federal Bank's Q3 net profit rises 29% to Rs 522 cr on lower provisions

Net interest income rose by 7% to Rs 1,539 cr

Axis Bank's re-rating 'imminent' provided it manages one operational metric

On the back of this consistent beat on earnings, analysts believe Axis Bank's stock is set to re-rate. They see up to 53 per cent upside in the stock

Torrent Pharma net profit drops 16% to Rs 249 crore in third quarter

The company's revenue from operations in the third quarter stood at Rs 2,108 crore as compared to Rs 1,995 crore in the same period of previous fiscal

United Spirits Q3 profit up 27% to Rs 291 cr; net sales up 7.6%

Diageo-controlled liquor maker United Spirits Ltd on Tuesday reported a 26.62 per cent increase in consolidated net profit at Rs 291.1 crore for the third quarter ended December 2021. The company had posted a net profit of Rs 229.9 crore in the October-December period a year ago, United Spirits Ltd (USL) said in a regulatory filing. Its revenue from operations rose 7.64 per cent to Rs 8,854.5 crore, as against Rs 8,226 crore in the corresponding period of the previous fiscal. Diageo India CEO Hina Nagarajan said, "We have delivered a strong quarter, continuing the growth momentum amidst rising inflation. The broad-based growth in the Prestige & Above segment demonstrates the strength of our portfolio and the continued agility and resilience of the team." USL's net sales of 'Prestige & Above' segment increased 20 per cent with strong double-digit growth in its scotch portfolio. However, its 'Popular segment' net sales declined 1.7 per cent, while priority states were ...

Pidilite Industries' net profit falls 19.5% to Rs 359.2 cr in Dec quarter

Pidilite Industries, a leading manufacturer of adhesives, sealants and construction chemicals, on Tuesday reported a 19.5 per cent decline in its consolidated net profit to Rs 359.24 crore for the third quarter ended December 2021. The company had posted a Rs 446.43-crore profit in the corresponding period a year ago, Pidilite Industries said in a regulatory filing. Its revenue from operations during the October-December 2021 jumped 24 per cent to Rs 2,850.72 crore, compared with Rs 2,299.02 crore in the year-ago period. "Robust double-digit revenue growth in this quarter was led by staggered pricing actions and steady demand conditions," Pidilite Industries said in a statement. Its growth was broad-based across consumer and bazaar (C&B) and business-to-business (B2B) with growth in urban geographies outpacing rural geographies. However, it also added that "gross margins continue to get impacted on account of an unabated increase in input cost". Pidilite Industries Managing ...