The bank's net interest income (NII) grew 7.22 per cent Y-o-Y to Rs 11,032 crore in Q3
NII of the lender also declined marginally by 1 per cent Y-o-Y to Rs 5,228 crore
Inox Wind Ltd (IWL) on Friday reported a multifold rise in consolidated profit after tax (PAT) to Rs 239 crore, backed by higher revenues. It had posted a Rs 33 crore PAT in the year-ago quarter, the company said in a statement. The company's consolidated revenues rose 96 per cent to Rs 994 crore from Rs 507 crore in the October-December period of 2023-24. IWL's order book stood at 3,286 MW at the end of the third quarter of the ongoing fiscal year, 28 per cent higher from 2,575 MW in the year-ago period. INOXGFL Group Executive Director Devansh Jain said "Q3 results firmly establish the enormous growth trajectory the company is on. We continue to capitalise on the large growth opportunities in the Indian market, and supplemented by our new ventures, our offerings now encompass the entire renewables ecosystem, opening up additional areas of businesses for Inox Wind and its subsidiaries." Part of USD 12-billion INOXGFL Group, IWL is India's leading wind energy solutions provider ..
Sequentially, revenue from operations grew by 2.9 per cent, whereas profit after tax (PAT) fell by 4.5 per cent
Revenue from operations rose 10 per cent to Rs 10,907 crore
The bank's provisions and contingencies, or funds set aside to cover loan losses, jumped 87 per cent to Rs 1,744 crore
Marico's expenses rose 17.7 per cent to Rs 2,318 crore ($267.54 million) during the third quarter ended December 31
Vedanta on Friday reported a 76.2 per cent rise in consolidated net profit at Rs 3,547 crore for the quarter ended December 31, 2024 due to higher income. The company had posted profit of Rs 2,013 crore in the year-ago period, Vedanta Ltd said in a filing to BSE. The company's consolidated income grew by 9.5 per cent to Rs 39,795 crore, over Rs 36,320 crore in the corresponding quarter of the previous fiscal. Vedanta's consolidated revenue for the third quarter stood at "Rs 38,526 crore, up four per cent Q-o-Q and 10 per cent Y-o-Y driven by favourable market prices and higher premiums." The total expenses of the company during the quarter grew to Rs 33,134 crore over Rs 32,215 crore in the year-ago period. "We have delivered our highest-ever 3rd quarter EBITDA of Rs 11,284 crore. Our strategic focus on cost optimisation and production ramp-up across our key businesses has helped us to continue delivering this outperformance. Notably, we witnessed a 58 per cent Y-o-Y jump in EBIT
Sales in India, Sun Pharma's largest revenue-generating region, rose 14 per cent to Rs 4,300 crore, or about 31 per cent of total sales
The company's revenue from operations also declined by 7.9 per cent YoY
State-owned Punjab National Bank (PNB) on Friday posted more than twofold jump in net profit at Rs 4,508 crore for the third quarter ended December 2024. The bank had earned a net profit of Rs 2,223 crore in the same quarter a year ago. Total income increased to Rs 34,752 crore from Rs 29,962 crore in the same period a year ago, PNB said in a regulatory filing. Interest income also rose to Rs 31,340 crore from Rs 27,288 crore. On the asset quality front, the bank's gross non-performing assets ratio moderated to 4.09 per cent from 6.24 per cent a year ago. Similarly, net NPAs, or bad loans, came down to 0.41 per cent from 0.96 per cent at the end of the third quarter last fiscal. As a result, provisions for bad loans came down significantly to Rs 318 crore during the quarter from Rs 2,994 crore a year ago.
Revenue rose 9 per cent to Rs 1,814 crore, lifted by the radiopharma segment's nearly 12 per cent growth this quarter
Parag Milk Foods Ltd on Friday posted 5.59 per cent increase in consolidated net profit at Rs 36.07 crore for third quarter of 2024-25 on higher sales. The company had logged a net profit of Rs 34.16 crore in the year-ago period. Total income rose to Rs 890.75 crore from Rs 806.69 crore in the year-ago period. Expenses remained higher at Rs 853.09 crore as against Rs 773.93 crore. Parag Milk Foods Chairman Devendra Shah said, "Our highest-ever delivery in Q3 leveraging strong festive demand is a testimonial to the increasing preference for premium dairy offerings and our ability to meet evolving consumer needs." The company is focused on strengthening the supply chain, expanding reach through new-age distribution channels, and driving product innovation to offer superior nutrition solutions, he said.
For Nestle India, home to Nescafe instant coffee and KitKat chocolate brands, revenue increased nearly 4 per cent to Rs 4,780 crore
After a steady set of third quarter numbers, L&T shares were the top gainer on both the 30-stock BSE Sensex and the NSE Nifty50 today
Praj Industries reported a consolidated net profit of Rs 41.1 crore as compared to Rs 70.4 crore a year ago, down 42 per cent
Suzlon Energy shares have jumped 16 per cent over the last three trading sessions on the back of robust Q3FY25 results, which were supported by strong execution
Q3 FY25 company results, January 31: Vedanta, Nuvama, Punjab National Bank, IndusInd Bank, and Bandhan Bank will be among 135 companies to release their reports for the Oct-Dec quarter
Concor reported a consolidated net profit of Rs 366.65 crore as compared to Rs 330.74 crore a year ago, up 11 per cent
Among the top highlights of Bharat Electronics Q3 performance include a 39% Y-o-Y growth in execution and a 330 bps expansion in Ebitda margin to 28.9 per cent, surpassing analyst expectations