Sequentially, its net profit rose by 48.7 per cent, while its revenue was up 22.1 per cent
On a sequential basis, the company's revenue declined by 7.7 per cent, while PAT also fell by 32.5 per cent
The profit fell to Rs 104 crore ($11.95 million) for the three months ended Dec. 31, 2024, from Rs 140 crore a year earlier
Global Health, which operates hospitals under the Medanta brand, on Tuesday reported 16 per cent increase in its profit after tax to Rs 143 crore for the third quarter ended December 31, 2024, driven by higher patient volume. The healthcare provider posted a profit after tax of Rs 123 crore in the October-December quarter of last fiscal. Revenue from operations rose to Rs 943 crore in the third quarter as compared with Rs 836 crore in the year-ago period, Global Health said in a regulatory filing. "We have delivered a strong performance this quarter, driven by higher patient volumes and strong contributions from our developing hospitals," Pankaj Sahni, Group CEO and Director said. The company said its board has approved the signing of the lease agreement to operate and manage a newly built 110-bed hospital in Ranchi. "This expansion will further strengthen our capacity to meet the growing healthcare needs in the region while raising the standard of healthcare delivery," Sahni ...
Tata Power, which reported its third quarter earnings earlier in the day, posted profit below analysts' estimates as softer demand weighed
Company board approves signing of lease agreement for a new 110-bed hospital in Ranchi
Gross margins stood at 67.1 per cent for Q3FY25 and 66.5 per cent for 9M FY25
Torrent Power on Tuesday posted a nearly 31 per cent rise in its consolidated net profit at Rs 489.33 crore compared to a year ago, mainly on the back of higher revenues due to increased sale of electricity from gas-based plants and gain from sale of non-current investments. The company had a consolidated net profit of Rs 374.13 crore in the quarter ended December 2023, Torrent Power said in a statement. Total income rose to Rs 6,671.25 crore in the reporting quarter from Rs 6,419.65 crore in the same period a year ago. The board also approved an interim dividend for 2024-25 of Rs 14 per equity share (or at the rate of 140 per cent) on 50,39,03,543 equity shares of Rs 10 each. The dividend will be remitted on or before March 06, 2025 to equity shareholders of the Company. The record date for the dividend is Wednesday, February 12, 2025. The company stated that the major reasons for higher profit is increase in contribution from gas-based power plants and gain on sale of non-curre
JK Tyre is focusing on the premiumisation of its product range across various segments, aiming to enhance profitability
The company posted a consolidated net profit of Rs 148 crore in the quarter ending Dec. 31, compared with a loss of Rs 198 crore a year earlier and a profit of Rs 179 crore in previous quarter
The company reported an 81 per cent jump in PBDIT to Rs 3,667.6 crore from a year ago. PBDIT is profit before depreciation, interest, and taxation
Partnerships with banks, fintech firms and regulators 'paves way for hyper‐growth', says digital payments company
The Indian unit of US-listed Whirlpool, which is cutting its stake by more than half to 20 per cent, said profit jumped to Rs 43.96 crore ($5 million) in the quarter from Rs 28 crore a year earlier
The company reported a profit of Rs 1,047 crore ($120.23 million) in the quarter ended Dec. 31, compared to Rs 1,053 crore a year ago
Its revenue dropped marginally to Rs 3,674 crore
This quarter, the organic domestic branded formulations business grew by 12 per cent Y-o-Y, whereas revenue from the branded formulations segment grew by 35 per cent Y-o-Y
Revenue from its industrial products segment rose 5.6 per cent, while that from its division which sets up bio-CNG and power plants, rose 3 per cent
The company's consolidated net profit dropped more than 25 per cent to Rs 77.74 crore (nearly $9 million) in the quarter, falling short of analysts' average estimate of Rs 106 crore
Revenue from operations rose 5.1% to Rs 15,391 crore
The industrial business registered a growth of 3.8 per cent on the back of general industrial and refinish segments, while its home decor business benefited from progress on its network expansion