JK Lakshmi Cement Ltd on Thursday reported a 59.7 per cent decline in consolidated net profit to Rs 60.46 crore for the December quarter on account of lower sales realisation. The company had posted a profit of Rs 150.15 crore in the year-ago period, according to a regulatory filing from JK Lakshmi Cement Ltd (JKCL) -- a flagship company of JK Organization. Its revenue from operations was down 12 per cent to Rs 1,496.83 crore in the December quarter. It was at Rs 1,702.84 crore in the year-ago period. JK Lakshmi Cement Chairperson & Managing Director Vinita Singhania said, "The profitability of the company for the quarter has been impacted due to lower sales realisation in our primary markets." Its sales volume was down 4.54 per cent to 22.48 lakh tonnes in the December quarter. Total expenses of JKCL were at Rs 1,416.57 crore, down 5.9 per cent in the December quarter of FY25. JKCL's total income, including other income, was also down 12.42 per cent to Rs 1,505.87 crore. Over t
The company, whose clients include Maruti Suzuki and Tata Motors, said its profit fell to 1.40 billion rupees (about $16 million) in the quarter from 1.68 billion rupees a year earlier
Veritas is the fastest-growing NBFC in terms of assets under management (AUM) growth among compared peers for the period between FY22 and FY24
Revenue from operations rose 1.61 per cent to Rs 5,345 crore, compared to a 36.6 per cent growth in the same quarter year ago
Auto components maker Uno Minda on Thursday said its profit after tax increased 21 per cent year-on-year to Rs 233 crore for the third quarter ended December 31, 2024. The company reported a Profit After Tax (PAT) of Rs 193 crore in the third quarter (October-December) of last year. Revenue from operations rose to Rs 4,184 crore in the period under review as compared with Rs 3,523 crore in the year-ago period, Uno Minda said in a statement. The company said its board has approved a capital expenditure of Rs 72 crore for expansion of its Hosur-based aluminium die casting manufacturing facility. "We continue to work on groundbreaking technologies, facilitating localisation and contributing to make in India. With these strategies, we are confident of continued success and help shaping the future of mobility," Uno Minda Group CMD Nirmal K Minda said. The company's strategic focus on innovation, diversification, and operational efficiency continues to drive upward trajectory, solidifyi
The company's revenue from operations rose 17% to 16.82 billion rupees, led by a 17% jump in its agricultural business, which includes all types of rice apart from seed and bran
Bharti Airtel Results Today: The telecom services provider could report "industry-leading" financials with a healthy growth in average revenue per user (Apru), subscriber base, and margin expansion
Q3 company results, February 6: Hero Motorcorp, NMDC, PVR INOX, State Bank of India, JK Lakshmi Cement, and Apollo Tyres will release their reports for the Oct-Dec 2024 quarter
Steel GI pipes and lighting products maker Surya Roshni Ltd on Thursday reported a marginal decline in its consolidated net profit to Rs 89.9 crore in the December quarter. The company reported a net profit of Rs 90.1 crore for the October-December quarter a year ago, according to a regulatory filing from Surya Roshni. Its revenue from operations in the December quarter slipped 3.6 per cent to Rs 1,867.96 crore. It stood at Rs 1,937.80 crore in the corresponding quarter a year ago. "Revenue slightly declined by 4 per cent due to a decline in average HRC (Hot-rolled coils) price by 18 per cent on YoY (Year-on-Year) basis," the company said in its earnings statement. The company's revenue from the 'Steel Pipe & Strips' segment declined 7.7 per cent to Rs 1,417.14 crore in the October-December quarter. The same was Rs 1,535.70 crore in the corresponding quarter. "Steel Pipes business exhibited strong sequential recovery, driven by higher volumes and improved institutional sales. ...
Trent Q3 results: Westside and Zudio-owner Trent clocked a 33.9 per cent rise in consolidated net profit at Rs 496.54 crore
State-owned REC Ltd on Thursday posted a 23 per cent rise in consolidated net profit to Rs 4,076.35 crore in the December quarter, aided by higher income. It had posted a net profit of Rs 3,308.42 crore in the October-December period of 2023-24 financial year, the company said in an exchange filing. The company's total income rose to Rs 14,286.91 crore in the reporting quarter from Rs 12,071.54 crore in the year-ago period. Total expenses stood at Rs 9,105.94 crore in the latest December quarter as against Rs 7,899.85 crore a year earlier. The board of the company also approved a third interim dividend of Rs 4.30 per share for the financial year 2024-25 and set February 14 as the record date for shareholders to become eligible for the payment. It further approved formation of a joint venture between REC Power Development and Consultancy Limited (a wholly-owned subsidiary of REC) and Mahagenco Renewable Energy Limited in the shareholding ratio of 50:50 for the development of renewa
The company, formed by the merger of PVR and Inox labels, posted a consolidated net profit of 359 million rupees ($4.10 million) in the quarter ended December 31
Bharti Airtel Q3 FY25 results: Arpu grew to Rs 245 in Q3 FY25 from Rs 208 in Q3 FY24
The company reported a net profit of Rs 48.12 crore ($5.5 million), during the October-December period, compared with a loss of Rs 3.45 crore a year ago
Markets Today Highlight: Broader markets also mirrored benchmarks, with Nifty Midcap100, and Nifty Smallcap100 ending down by 1.26 per cent and 0.30 per cent, respectively
SBI Q3 results: SBI share price dropped to the day's low after Q3 results announcement
Solar solutions provider Captain Polyplast on Thursday a consolidated net profit of Rs 6.72 crore in the December quarter. It had posted Rs 4.96 crore net profit in October-December of 2023-24 financial year, the company said in a statement. The company's total income rose to Rs 90.89 crore from Rs 83.46 crore in the year-ago quarter. Expenses stood at Rs 82.01 crore as against Rs 77.22 crore a year earlier. Captain Polyplast is into manufacturing of solar water pumps, solar heaters besides irrigation solutions.
MRF Q3FY25 results: The board of directors announced a second interim dividend of Rs 3 per equity share (30%) for the financial year ending March 31, 2025
Trent Q3FY25 results: The Zudio parent reported a consolidated revenue of Rs 4,656.56 crore for the quarter that ended on December 31, 2024
KP Green Energy on Thursday posted a more than two-fold rise in standalone net profit to Rs 25.17 crore in the December quarter, driven by a growth in income. It had reported a Rs 9.21 net profit for the October-December period of the preceding financial year, the company said in an exchange filing. In the quarter under review, its total income rose to Rs 204.28 crore, from Rs 82.20 crore a year ago. While expenses were at Rs 171.45 crore as against Rs 69.84 crore in the third quarter last fiscal.