Steel maker Kamdhenu Ltd on Thursday posted a 12 per cent rise in its net profit to Rs 12.5 crore in the December 2024 quarter, aided by higher revenues. It reported a net profit of Rs 11.11 crore in the October-December period of the preceding 2023-24 fiscal, the Kamdhenu Group company said in a regulatory filing. The company's revenue from operations also rose by 13 per cent to Rs 175 crore from Rs 155 crore in the year-ago period. "We enter the fourth quarter on a positive note. The profit numbers align with our focus on profitable growth and maintaining strong margin discipline, underscoring our commitments," its Chairman and Managing Director Satish Kumar Agarwal said. Sharing his outlook, he said the demand for TMT bars in India is poised for strong growth, fuelled by infrastructure development, urbanisation, and government initiatives such as smart cities and affordable housing, as highlighted in the Union Budget 2025. Kamdhenu has a 20 per cent market share in the organise
Gaming and e-sports platform Nazara Technologies has reported a 53.6 per cent decline to Rs 13.68 crore in consolidated net profit for the October-December quarter of FY25. It had posted a profit of Rs 29.52 crore in the year-ago period, according to a regulatory filing. Revenue from operations for Q3 FY25 was Rs 534.7 crore, a 66.8 per cent climb, from Rs 320.4 crore in Q3 FY24. Sequentially, profit fell 15.7 per cent, while revenue rose 67.6 per cent. Nazara's core gaming segment revenues grew by 53 per cent, driven by acquisitions including Fusebox Games as well as strong performance by existing games such as Animal Jam, a company statement said. "The recent licensing agreements and upcoming integrations of popular entertainment IPs are further set to enhance user growth and engagement going forward. Kiddopia's collaboration with Mattel's Barbie and Moonbug's Little Angel will strengthen engagement among young audiences, while partnerships with well-known franchises including B
The Kingfisher beer-maker's standalone profit before exceptional items and tax fell to Rs 86.73 crore ($9.99 million) in the quarter ended December, compared to Rs 116 crore a year ago
KPIL's Ebitda margin for Q3FY25 was recorded at 8.4 per cent, a slight decrease from 8.6 per cent in the corresponding period last year
Aditya Birla Group firm Hindalco Industries on Thursday posted a 60 per cent rise in consolidated net profit to Rs 3,735 crore in the December quarter aided by higher income. It had reported a net profit of Rs 2,331 crore in the October-December period of the preceding 2023-24 financial year, the company said in an exchange filing. The company's total income rose to Rs 58,899 crore from Rs 53,088 crore in the year-ago period. Its expenses were at Rs 53,563 crore as against Rs 49,761 crore in the December quarter. Sharing an update on the acquisition of fabrication facility of Home Build Tec, Hindalco Industries said the negotiations on the proposed acquisition did not materialise, and the transaction has officially been closed. The board has appointed Bharat Goenka as the CFO with effect from April 1, 2025. Hindalco Industries is the metals flagship company of the Aditya Birla Group. A USD 28 billion metals powerhouse, Hindalco is an industry leader in aluminium and copper.
The company's consolidated net profit halved to Rs 282 crore ($32.5 million) in the quarter, missing analysts' average estimate of Rs 459 crore, as per data compiled by LSEG
PI Industries' steady Q3FY25 performance, cautious near-term outlook, and portfolio challenges are likely to affect the business dynamics in FY26 and FY27, according to analysts.
EBITDA for Q3FY25 was impacted by lower sales in export formulation biz, price reduction in the Electral range of products, driven by NLEM price revisions changes in the product mix, and higher cost.
The management expects cement demand to grow on the back of likely increase in rural consumption aided by improved farm cash flows and sustained healthy demand for urban housing.
Suven Pharma reported a 78 per cent rise in consolidated net profit during the third quarter to Rs 83.29 crore, as compared to Rs 46.75 crore in Q3FY24
On Wednesday, after market hours, Muthoot Finance reported a 22 per cent rise in net profit during the third quarter to Rs 1,392 crore, as compared to Rs 1,145 crore in Q3FY24
Jubilant FoodWorks share price surged as the company posted robust performance in Q3 given the current state of QSR chains
Domestic, as well as global brokerages are optimistic about Lupin's future, citing strong earnings visibility and a promising product pipeline
On Wednesday, after market hours, P N Gadgil reported a 49 per cent rise in consolidated profit to Rs 86.03 as compared to Rs 57.6 crore a year ago
On Wednesday, after market hours, Godrej Industries reported a 77 per cent rise in consolidated profit to Rs 188 as compared to Rs 106 crore a year ago
The company reported its Q3 numbers after market hours on Wednesday which showed a 16.38 per cent fall in consolidated profit to Rs 212.78 as compared to Rs 254.45 crore a year ago
The company's consolidated profit rose slightly to Rs 26.04 as compared to Rs 25.9 crore a year ago
Q3FY25 company results, February 13: United Breweries, Ipca, and SVJN will be among 389 firms releasing their earnings report for the Oct-Dec 2024 quarter
Stocks to Watch on February 13, 2025: Investors will focus on Q3 results of Godrej Industries, ITI and others. They will also focus on stock specific development in Vi, ONGC, NTPC Green and others
Jubilant reported profit of Rs 42.91 crore ($4.94 million) for the quarter ended December 31, compared to a year-ago profit of Rs 65.709 crore