Century Plyboards (India) Ltd on Friday reported a 6.1-per cent decline in consolidated net profit to Rs 58.8 crore for the quarter ended December 31, 2024, compared to Rs 62.7 crore in the year-ago period, owing to higher input and finance costs. The revenue from operations grew 21.7 per cent year-on-year to Rs 1,140.47 crore in the reporting quarter, up from Rs 937.4 crore in the corresponding period a year earlier, driven by strong sales in the plywood and MDF segments. The company's expenses rose to Rs 1,062.8 crore from Rs 862.5 crore a year ago, it said in an exchange filing. Century Plyboards also incorporated a new subsidiary, Century Panels BV in the Netherlands, for laminate and MDF distribution. The company completed the acquisition of Century Infotech Ltd as well, making it a wholly owned subsidiary. Sajjan Bhajanka, Chairman, Century Plyboards (I) Ltd said in a statement: The plywood segment continues to perform exceptionally well, ranking among the fastest-growing ..
Cholamandalam Financial Holdings Ltd reported a consolidated profit after tax of Rs 1,092.90 crore for the October-December 2024 quarter, the company said on Friday. The city-based company, part of the diversified Murugappa Group, had recorded a consolidated profit of Rs 1,027 crore during the corresponding quarter of the previous financial year. For the April-December 2024 period, consolidated profit grew to Rs 3,377.70 crore from Rs 2,706.81 crore in the year-ago period. Total income for the quarter under review surged to Rs 8,592.98 crore from Rs 6,842.03 crore in the corresponding period of the previous financial year. For the nine months ending December 31, 2024, total income rose to Rs 24,450.56 crore, compared to Rs 18,928.85 crore in the year-ago period. Cholamandalam Investment and Finance Company Ltd, in which Cholamandalam Financial Holdings holds a 44.35 per cent stake, disbursed Rs 25,806 crore during the quarter ending December 31, 2024, as against Rs 22,383 crore in
Employee compensation and welfare expenses dropped 30% on year to Rs 6,691 crore
The company, whose products range from "Post-it" notes to power tools, said its profit after tax fell to Rs 114 crore ($13.05 million) for quarter ended December 31, compared to Rs 135 cr a year ago
Mazagon Dock Shipbuilders Q3FY25: Consolidated revenue from operations grew by 33% at Rs 3,143.62 crore
The company's revenue from operations increased to Rs 3,374 crore in Q3 FY25, a marginal 1.5 per cent Y-o-Y rise from Rs 3,324 crore in Q3 FY24
Markets Today Highlight: FMCG and PSU Bank shares bore the brunt of the selling on Friday after RBI, as expected, announced a 25 bps rate cut. Mid- and Small-cap indices finished on a mixed note.
Paints and coatings maker Akzo Nobel India Ltd on Friday reported a decline of 4.56 per cent in its consolidated net profit at Rs 108.6 crore for the third quarter ended on December 2024 on account of rise in raw material costs. The company had posted a net profit of Rs 113.8 crore in the October-December quarter a year ago, according to a regulatory filing from Akzo Nobel. Its revenue from operations rose 1.72 per cent to Rs 1,050.5 crore in the quarter under review, up from Rs 1,032.7 crore in the corresponding period of the previous fiscal. Total expenses of Akzo Nobel, maker of Dulux paints, increased 2.32 per cent to Rs 910.3 crore in the December quarter. Akzo Nobel's total income, which includes other income, in the December quarter, was at Rs 1,056.5 crore, up 1.47 per cent. Commenting over the results, Chairman and Managing Director, Rajiv Rajgopal said, " In Q3 FY25, we achieved both volume and value growth despite subdued market conditions. Favourable demand in ...
SoftBank-backed firm reported a loss of Rs 564 crore ($64.51 million) in the October-to-December quarter, compared to a loss of Rs 376 crore a year earlier
M&M Q3 FY25 results: Revenue up 18% to Rs 41,464.98 crore, led by demand for SUVs and tractors
Q3FY25 company results, February 7: Edelweiss Financial, Delhivery, Sun TV, Ola Electric Mobility, and Dreamfolks Services will be among 234 companies releasing report for the Oct-Dec quarter
The HG Infra Engineering share price rallied after the company announced that its joint venture (JV) has been declared as the lowest bidder (L-1) by the RLDA, New Delhi
SBI is testing the weekly super trend line support after 81 weeks and the 20-month moving average support after 4 years. Chart suggests that the overall bias is likely to remain tepid below Rs 800.
Consumer staple companies such as Britannia, Hindustan Unilever and Nestle India have had to contend with inflation in key commodities such as palm oil, cocoa and sugar
Technical chart shows that NCC and Sonata Software shares were seen testing multi-year supports; break of the same can trigger a deeper fall at these counters. Check key levels for these 5 stocks here
Akums Drugs reported a decline of 66 per cent year-on-year (Y-o-Y) to Rs 65.18 crore as compared to Rs 193.7 crore
Bharti Hexacom reported an increased on 23 per cent year-on-year (Y-o-Y) to Rs 260.9 crore as compared to Rs 212.7 crore
Post Q3, the brokerages maintained their positive stance on ITC stock but most cut target price and EPS estimates given the demerger of hotel business
The company's consolidated profit skyrocketed 505.2 per cent year-on-year (Y-o-Y) to Rs 14,781.2 crore in Q3FY25 versus Rs 2,442.2 crore in the same quarter last year
Given the ongoing challenges in the Hi-Tech and TMT sectors ICICI Securities said they maintain a cautiously optimistic stance and said they monitor margin recovery in the coming quarters.