Page 149 - Q3 Results

Hindustan Unilever settles 3% higher on strong Dec quarter numbers

Shares of Hindustan Unilever Ltd defied the muted broader market trend and surged as much as 3 per cent on Friday after the FMCG major reported strong December quarter earnings. On BSE, the stock opened at Rs 2,282.00, then jumped 3.15 per cent and touched an intra-day high of Rs 2,333.05 during the session. It finally settled at Rs 2,322.20, up 2.68 per cent. On NSE, the stock opened at Rs 2,264.80, then gained further ground during the day and finally ended the day at Rs 2,330, registering a gain of 3.02 per cent over its last close. On Thursday, Hindustan Unilever Ltd reported an 18.68 per cent increase in consolidated net profit to Rs 2,300 crore for the third quarter ended December 2021. The company had posted a net profit of Rs 1,938 crore in the October-December period of the previous fiscal. "HUL delivered a resilient performance both on revenue and margins front despite the headwinds to rural demand and persistent material cost inflation. "While volume growth looks soft a

Biocon rises over 3% as biotech major sees strong Dec qtr numbers

Notwithstanding the muted broader market trend, shares of Biocon Ltd surged over 3 per cent on Friday after the biotechnology major reported strong December quarter earnings. On BSE, the stock opened at Rs 363, then touched a high of Rs 382.45, registering a gain of 5.09 per cent over its last close. The stock finally ended at Rs 376.60, up 3.49 per cent. In a similar trend on NSE, the stock opened at Rs 364.00, then jumped 5.02 per cent and touched an early high of Rs 382.50 in initial deals. It finally settled at Rs 376.45, up 3.36 per cent. On Thursday, biotechnology major Biocon Ltd reported a 17.68 per cent rise in consolidated net profit at Rs 219.6 crore for the third quarter ended December 31, 2021. The company had posted a consolidated net profit of Rs 186.6 crore in the same quarter of the previous fiscal. Consolidated total income in the third quarter this fiscal stood at Rs 2,222.5 crore, compared to Rs 1,885.3 crore a year ago. The biosimilars vertical clocked revenue

Tiles maker Kajaria Ceramics net profit rises 3% to Rs 124.73 crore in Q3

Tiles maker Kajaria Ceramics Ltd on Friday reported a 3 per cent rise in consolidated net profit at Rs 124.73 crore for the third quarter ended December 31.

JSW Steel Q3 results: Net profit soars 69% to Rs 4,516 cr

Consolidated total income climbed 74% to Rs 38,225 cr

Sensex dips 427 pts, Nifty below 17,650; HUL adds 3%, Bajaj Finserv down 5%

Stock market LIVE: Sectorally, auto and FMCG were the only gainers on the Nifty wherein the latter was supported by gains in HUL and Asian Paints on the back of their strong Q3 results.

Hindustan Zinc Q3 consolidated net profit rises 23% to Rs 2,701 cr

Vedanta group firm Hindustan Zinc Ltd on Friday reported a 22.7 per cent jump in consolidated net profit to Rs 2,701 crore for the quarter ended December 31, 2021. The company has reported a consolidated net profit of Rs 2,200 crore in the year-ago period, Hindustan Zinc Ltd said in a filing to the BSE. Its consolidated income during October-December 2021 period increased to Rs 8,269 crore, compared with Rs 6,483 crore a year ago, the filing said. "We delivered the best-ever 9M (nine months) mined metal production and historic-high quarterly refined metal production. "At the current run rate, we are confident to deliver on the one million mark this year. Hindustan Zinc is also geared to invest in world-class technologies and equipment to produce value-added zinc alloy products and provide matching international quality in the domestic market," the company's CEO Arun Misra said. The company's ESG (environmental, social and governance) journey is progressing well, he added. "We sta

Stocks to Watch: RIL, Asian Paints, HUL, BoM, PNB Housing, VodaIdea, Biocon

Bandhan Bank, HDFC Life, Hindustan Zinc, Voda Idea, Inox Leisure, JSW Steel, Kajaria Ceramics, L&T Fin Holdings, PVR, Reliance Industries, SBI Life and Supriya Lifescience to announce results today

Bank of Maharashtra Q3 net doubles to Rs 325 cr on robust NII

Lender plans equity issue of Rs 500-750 cr in current quarter

PNB Housing Q3 net profit falls 19%, asset quality deteriorates

PNB Housing's gross non performing assets rose to 7.64% in Oct-Dec, 2021 as compared to 5.94% a quarter ago

Early birds hint at subdued earnings growth in December quarter

Net profit up 10.4% YoY, growing at slowest pace in five quarters

Persistent Systems net profit rises 45.9% at Rs 176.4 crore in Q3

The company also announced the appointment of Avani Davda to Persistent's Board of Directors and continued to add executives to its leadership team

Reliance Industries may post strong growth in net profit, sales for Q3

The company's retail business is expected to witness a strong Ebitda mainly because of increased revenue, said brokerages

Asian Paints profit down 18% in Q3 as higher input costs hurt margins

The cost of raw material consumed in the quarter was up 41.4 per cent at Rs 4,084.5 crore compared to last year

HUL Q3 surpasses estimates even as rural growth remains impacted

Net profit up 18.6% on 10.3% rise in revenue; says near-term outlook uncertain as growth moderating, inflation high

Biocon consolidated net profit rises 18% to Rs 220 crore in Q3

Biosimilars vertical clocked revenue of Rs 981.4 crore as compared to Rs 768.9 crore in the same quarter last fiscal

Havells net profit down 12.7% to Rs 305.82 crore in third quarter

The company had posted a consolidated net profit of Rs 350.14 crore in the October-December quarter a year ago

PNB Housing Fin Q3 net down 19% to Rs 188 crore on shrinking NII

Loan book shrinks as well; CFO resigns

Sensex falls for 3rd straight day, sheds 634 pts; Nifty holds 17,750

Analysts, however, expect markets to recover from here on as they have reached their key support zones.

Mastek tumbles 15% on muted numbers for the December quarter

Despite a 25% correction from its 52-week high level, Mastek has outperformed the market in the past one year by surging 147 per cent, as against a 20 per cent rise in the Sensex.

Ceat skids 7%, hits 52-week low on Q3 loss; tyre stocks on slippery ground

The management said the company is witnessing muted demand in the replacement segment due to tepid consumer sentiment, higher fuel prices and a softer uptick in India's rural markets.