Kalyan Jewellers reported a consolidated net profit of Rs 218.82 crore as compared to Rs 180.61 crore a year ago, up 21 per cent
Consolidated revenue was at Rs 8,500 crore, with adjusted EBITDA at Rs 890 crore, and adjusted PAT at Rs 410 crore in Q3FY25
Its consolidated total income rose by 10 per cent to Rs 32,042 crore in the reporting quarter (Q3FY25), from Rs 29,038 crore in the year-ago period
One-time exceptional gain of Rs. 2440 crores from international arbitration boosts revenue
Reports muted NII growth; Guides for NIM of 3.0-3.10%
According to brokerage estimates compiled by Business Standard, Sun Pharma may see its average revenue rise by 9.51 per cent year-on-year (Y-o-Y) to Rs 13,313 crore as against Rs 12,156 crore
Analysts and investors will keep an eye out for management's guidance on demand and growth outlook
Air conditioning maker and engineering services provider Voltas Ltd has reported a consolidated net profit of Rs 130.76 crore for the third quarter ended December 2024. It had posted a consolidated net loss of Rs 27.60 crore in the October-December period a year ago, according to a regulatory filing from the company. Voltas' revenue rose 17.9 per cent to Rs 3,164.16 crore in the December quarter. It was Rs 2,683.61 crore in the year-ago period. Its total expenses increased 12 per cent to Rs 2,941.11 crore in the quarter. The company also announced top-level management changes as its Managing Director and CEO Pradeep Bakshi will step down in the second half of 2025. He has expressed his desire not to seek reappointment upon completion of his current term on August 31, 2025. Respecting his decision, the Board has accepted his request, it added. The Board, based on the recommendation of the Nomination and Remuneration Committee, unanimously approved the appointment of Mukundan C P M
The REIT declared a distribution of Rs 4.9 per unit for the quarter
Appreciation in key currencies give exceptional gain of $94 million to company
Allied Blenders and Distillers has reported a consolidated net profit of Rs 57.46 crore for the December 2024 quarter, helped by portfolio premiumisation. The company had posted a loss of Rs 4.42 crore a year ago, Allied Blenders and Distillers (ABD) said in a regulatory filing. Its revenue from operations increased 12.9 per cent to Rs 2,342.38 crore in the quarter under review. It was Rs 2,074.95 crore in the corresponding quarter of the previous fiscal year. ABD's total expenses rose 10.4 per cent to Rs 2,225.59 crore in the December quarter. The total income, which includes other income, surged 13 per cent to Rs 2,345.63 crore. "Overall, we delivered 8.9 million cases in Q3 FY25, a growth of 7.1 per cent vs 8.3 million cases in Q2 FY25 and a growth of 11.3 per cent vs 8 million cases in Q3 FY24. The growth was led by the premiumisation of the portfolio with a continued increase in Prestige & Above (P&A) volume salience to 42 per cent in Q3FY25 as compared to 39.7 per cent ..
The YoY cargo growth of 3.6 per cent in Q3 FY25 was offset by coal cargo handled by the company
Profit before interest, depreciation, and tax (PBIDT) for the company was flat at Rs 3,723 crore on a year-on-year (Y-o-Y) basis
Ajanta Pharma on Thursday said its consolidated profit after tax increased by 11 per cent on-year to Rs 233 crore for the third quarter ended December 31, 2024. The drug firm had reported a profit after tax (PAT) of Rs 210 crore in the October-December period of last fiscal. Revenue from operations stood at Rs 1,146 crore in the third quarter compared to Rs 1,105 crore in the year-ago period, Ajanta Pharma said in a regulatory filing. Shares of the company settled 1.64 per cent higher at Rs 2,670.70 apiece on the BSE.
The company's quarterly profit, however, missed Street estimates. In a Bloomberg poll, analysts had estimated an adjusted net income of Rs 3,771 crore and revenue of Rs 64,742 crore
It also reported a profit before tax (PBT) of Rs 155.9 crore, down 80.8 per cent in Q3FY25
Tata Consumer, known for its 'Tetley' tea and its namesake brand of salt, was hurt by rising costs of domestic tea
Container Corporation of India Ltd (Concor) on Thursday posted a 4.51 per cent increase in consolidated net profit to Rs 340.52 crore for the third quarter ended December 2024. The company had reported a consolidated net profit of Rs 325.81 crore a year ago, Concor said in a regulatory filing. During the quarter under review, the consolidated revenue from operations was Rs 2,303.99 crore against Rs 2,302.12 in the year-ago period. Concor said its Board has declared an interim dividend for FY 2024-25 of 85 per cent -- Rs 4.25 per equity share of face value of Rs 5 each, amounting to Rs 258.95 crore.
Kalyan Jewellers on Thursday posted a 21.23 per cent jump in consolidated net profit to Rs 218.68 crore for the third quarter of the 2024-25 fiscal on robust sales. The company had reported a net profit of Rs 180.37 crore in the year-ago. Total income increased by 40 per cent to Rs 7,318.19 crore during the December quarter of the 2024-25 fiscal, from Rs 5,243.20 crore in the year-ago period. Expenses remained higher at Rs 7024.63 crore from Rs 5,004.65 crore in the said period. Kalyan Jewellers India Executive Director Ramesh Kalyanaraman said: We are extremely excited with the way the current year has progressed. The current quarter has started off well despite the volatility in gold prices. We are upbeat about the ongoing wedding season and expect to end the financial year on a strong note." The company is on track for the launch of 30 Kalyan showrooms and 15 Candere showrooms in India during the current quarter, he added.
A day ahead of the results, Vedanta shares were in demand, as the scrip rose up to 1.62 per cent to hit an intraday high of Rs 437.60