CE Info Systems, the parent company of MapmyIndia, on Tuesday reported a 4 per cent rise in consolidated net profit to Rs 32.3 crore for the quarter ended December 2024. Its revenue from operations rose 24.5 per cent year-on-year to Rs 114.5 crore in Q3 FY25. MapmyIndia Chairman and Managing Director Rakesh Verma said: "In Q3 FY25, we successfully operationalised the joint venture with Hyundai Autoever in Indonesia, marking an important step in expanding our global footprint". As part of the company's long-term strategy, both the Mappls App and brand will continue to be an integral part of the organisation, Verma added. In terms of profitability, its EBITDA for Q3 FY25 was about Rs 42 crore compared to Rs 36 crore in Q3 FY24. "We will continue to prioritise the Mappls App as a key strategic asset while we will calibrate the costs associated from Q4 onwards," the company said in its earnings release. In Q3 FY25, Consumer Tech and Enterprise Digital Transformation (C&E) revenue ...
JSW Energy on Tuesday reported over 27 per cent dip in its consolidated net profit to Rs 168 crore in the October-December quarter compared to Rs 231 crore in the year-ago period. Total revenue decreased by 1 per cent year on year to Rs 2,640 crore in the third quarter of 2024-25 from Rs 2,661 crore in the corresponding period last year, a company statement said. The finance cost for the quarter rose to Rs 565 crore in Q3 FY25 from Rs 521 crore as a result of capitalisation of projects, with the weighted average cost of debt standing at 8.87 per cent.
In Q3 FY25, the company handled cargo volumes of 29.4 million tonnes, up 5 per cent Y-o-Y
Its net interest margin stood at 4.11 per cent in Q3FY25
Battery manufacturer Exide Industries on Tuesday said its consolidated net profit declined 22 per cent to Rs 158 crore in the third quarter ended December 31, 2024. The company had reported a net profit of Rs 203 crore in the year-ago period. Revenue from operations rose to Rs 4,017 crore in the third quarter from Rs 3,980 crore in the year-ago period. "Although overall sales remained flattish in the quarter, attributable to a slowdown in government capex and other macroeconomic factors, we observed promising growth in the auto replacement and auto exports market segments," Exide Industries MD & CEO Avik Roy said. Near-term outlook is positive, with replacement markets remaining buoyant and expectation of rebound of government and private capex, which has the potential to drive up industrial demand, he added. Commodity prices are expected to remain broadly stable, Roy stated. "In our lithium-ion cell manufacturing project, construction work is going on in full swing and the team
Profit after tax fell 30 per cent to Rs 383 crore ($44.3 million) for the three months ended Dec. 31, compared to analysts' average expectations of Rs 459 crore
Specialty chemicals and life science ingredient maker Jubilant Ingrevia on Tuesday reported an increase of 54 per cent in its net profit at Rs 59.38 crore for the third quarter ended December 2024. It had posted a net profit of Rs 38.56 crore in the October-December quarter a year ago, according to a regulatory filing from the Jubilant Bhartia Group firm. Its sales were up 8.91 per cent to Rs 1,046.06 crore during the quarter under review as compared to Rs 960.45 crore in the corresponding period a year ago. Total expenses of Jubilant Ingrevia in the December quarter were up 5.48 per cent to Rs 970.63 crore. Jubilant Ingrevia's total income, including other income, was Rs 1,056.20 crore, up 8.3 per cent year-on-year in the December quarter. Chairman Shyam S Bhartia and Co-Chairman Hari S Bhartia said the significant year-on-year growth for this quarter is "attributed to the enhanced performance of our Specialty Chemicals and Nutrition businesses, as well as to the benefits derived
The overall two-wheeler and three-wheeler sales, including exports, grew by 10 per cent, registering 1.212 million units in the quarter ended December 2024
State-owned engineering firm BHEL on Tuesday posted over twofold jump in consolidated net profit at Rs 134.70 crore for December quarter 2024-25 mainly on the back of higher revenues. The company had logged a profit of Rs 60.31 crore in the quarter ended December 31, 2023, a BSE filing said. Total income rose to Rs 7,385 crore in the quarter from Rs 5,599.63 crore in the same period a year ago.
Revenue from operations rose 91 per cent to Rs 2,968.81 crore for Q3FY25, compared with Rs 1,552.91 crore in the corresponding period last year
The 'Pulsar' motorcycle manufacturer reported a profit of Rs 2,109 crore (around $244 million) for the October-December quarter, missing analysts' expectations of Rs 2,163 crore
Auto components maker Bosch on Tuesday said its consolidated net profit declined by 12 per cent to Rs 458 crore for the third quarter ended December 31, 2024. The company had reported a net profit of Rs 518 crore in the October-December period of the last fiscal. Its revenue from operations rose to Rs 4,466 crore for the third quarter compared to Rs 4,205 crore in the year-ago period, Bosch said in a regulatory filing. "This quarter, Bosch generated growth through the development of advanced automotive components and customer-focused solutions. Increased service income from major OEMs testifies to their continued trust in us and our expertise," Bosch Ltd MD Guruprasad Mudlapur said. The performance further reinstates the company's strategic ability to stay cognizant of market needs and deliver successfully, he added. As part of the realignment of its Building Technologies division globally, the company said it will be carving out and transferring the Video, Access and Intrusion, a
Sundaram Home Finance has recorded a net profit of Rs 62.55 crore for the October-December 2024 quarter, the company said on Tuesday. The city-based company, a subsidiary of Sundaram Finance Ltd, had registered a net profit of Rs 62.28 crore during the corresponding quarter of last financial year. Disbursements made during the quarter under review increased by 35 per cent to Rs 1,692 crore as against Rs 1,252 crore recorded in the same quarter of last financial year. Net profit for the nine month period ending December 31, 2024 stood at Rs 173.09 crore, as against Rs 179.03 crore recorded in the corresponding period of last financial year. Disbursements made during the nine month period surged by 29 per cent to Rs 4,588 crore, as compared to Rs 3,569 crore registered in the same period of last financial year. The Assets Under Management (AUM) as on December 31, 2024 stood at Rs 14,577 crore, a rise of 14 per cent from Rs 12,800 crore recorded as on December 31, 2023. "There has b
FMCG major Colgate-Palmolive India Ltd on Tuesday reported a 2.22 per cent decline in its net profit to Rs 322.78 crore for the third quarter ended December 2024 on account of soft demand in the urban market and a high base of the previous year. It had posted a net profit of Rs 330.11 crore in the October-December quarter a year ago, according to a regulatory filing from the oral hygiene product maker Colgate-Palmolive India Ltd (CPIL). Its sales were up 4.74 per cent to Rs 1,452.21 crore during the quarter under review compared to Rs 1,386.41 crore in the corresponding period a year ago. "Gross margin & EBITDA margin show sequential improvement over the previous quarter, while down from last year's high base," said CPIL in its earning statement. Total expenses of CPIL in the December quarter were up 8.2 per cent to Rs 1,049.72 crore. CPIL's total income, including other income, was Rs 1,482.24 crore, up 4.86 per cent in the December quarter. Commenting on the results, MD & ...
Integrated metal-producing company Shyam Metalics and Energy Ltd (SMEL) on Tuesday reported a 56.3 per cent rise in consolidated Profit After Tax (PAT) at Rs 197 crore for the quarter ended December 31, 2024. The company had posted a consolidated PAT of Rs 126 crore in the year-ago period, SMEL said in a statement. The revenue of the company during the third quarter rose to Rs 3,753 crore over Rs 3,315 crore in the year-ago period. "We are delighted to report an exceptional performance in Q3FY25, with profitability soaring....to Rs 197 crore. Quarterly revenues increased...to Rs 3,753 crore while Operating EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) reached Rs 456 crore. "The consistent growth of our value-added product portfolio further reinforces our commitment to diversification and strengthening our market position," the company's Vice Chairman and Managing Director Brij Bhushan Agarwal was quoted as saying in the statement. Shyam Metalics is an ..
Renewables solutions provider Suzlon Energy on Tuesday posted 91 per cent jump in consolidated net profit at Rs 388 crore for December quarter on the back of higher revenues. The company had a net profit of Rs 203 crore in the quarter ended December 31, 2023, a company statement said. According to the statement, net revenue rose to Rs 2,969 crore from Rs 1,553 crore in the same period a year ago. The company also achieved record quarterly deliveries of 447 MW in October-December 2024. Manufacturing capacity reached 4.5 GW with revamped Puducherry and Daman Nacelle facilities. It also logged the highest-ever order book at 5.5 GW, and C&I and PSU now constitute 80 per cent of the total order book. "One emerging trend fuelling our growth is our strategic emphasis on Commercial & Industrial (C&I) and Public Sector Undertaking (PSU) customers. As these organisations prioritise sustainability and renewable energy, we're delivering reliable, affordable solutions that power their
CG Power and Industrial Solutions on Tuesday reported an over 68 per cent decline in its consolidated net profit at Rs 237.85 crore in December 2024 quarter on account of adjusted earnings from discontinued operations. The company had reported a consolidated net profit of Rs 747.67 crore in the quarter ended December 2023. According to the company's regulatory filing, a profit after tax of Rs 551.07 crore from discontinued operations had added to its consolidated earnings in the corresponding quarter a year ago. In the latest third quarter, the profit from continuing operations at Rs 237.85 crore was 21 per cent higher from Rs 196.60 crore earnings recorded in the year-ago quarter. Total income rose to Rs 2,549.28 crore in the reporting quarter from Rs 2,006.79 crore a year ago. The company said its board has approved setting up of a transformer manufacturing unit of 45,000 MVA capacity in western India at an estimated cost of Rs 712 crore. The project will be primarily funded th
Proptech firm Square Yards, which is into housing and home loan brokerage, on Tuesday said its revenue rose 46 per cent to Rs 938.4 crore in the first nine months of 2024-25 fiscal year amid strong demand for residential properties. Revenue stood at Rs 644.1 crore in the year-ago period. Square Yards has businesses mainly in India and Dubai. The company's India revenue rose 50 per cent to Rs 759.6 crore during April-December period of 2024-25 from Rs 506.7 crore in the corresponding period of the previous year, according to a statement. Consolidated gross profit rose to Rs 167.7 crore during the period under review from Rs 94 crore in the year-ago period. "This would mark our 2nd consecutive year of profitability, and first year of operating cash flow break even. We expect to close at USD 170mn+ revenue for this fiscal," Tanuj Shori, Founder & CEO of Square Yards, said.
TTK's consolidated net profit fell to Rs 58.45 crore ($6.8 million) in the quarter ended Dec. 31, from Rs 62.4 crore a year earlier
Vedanta group firm Hindustan Zinc Ltd on Tuesday reported a 32 per cent rise in consolidated net profit at Rs 2,678 crore for the quarter ended December 31, 2024 on the back of higher income. The company had posted a net profit of Rs 2,028 crore in the year-ago period, Hindustan Zinc said in a regulatory filing. The consolidated income of the company in the October-December period rose to Rs 8,832 crore, over Rs 7,606 crore in the year-ago period. The total expenses of the company during the third quarter rose to Rs 5,305 crore, from Rs 4,937 crore in the corresponding quarter of the previous fiscal. "Profit after tax for the quarter stood at Rs 2,678 crore, up 32 per cent Y-o-Y and 15 per cent Q-o-Q in line with the higher EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization)," the company said in a statement. The total revenue from operations during the quarter was at Rs 8,614 crore, up 18 per cent Y-o-Y driven by higher zinc and silver prices and strong ...