Q3FY25 company results, January 22: HUL, HDFC Bank, Tata Communications, NIIT, Heritage Foods, and IIFL Wealth Management will release their financial reports for the October-December quarter today
Stock Market Today, January 22, 2025: Denta Water IPO and Rexpro IPO will open today; EMA Partners IPO Allotment will be finalised; and Rikhav Securities and Kabra Jewels shares will list today
In Q3 FY25, the solvency ratio of ICICI Prudential Life stood at 211.8 per cent, compared to 196.5 per cent in the same period last year
Plans Rs 2,000 crore QIP in the current quarter
Dixon Technologies' Mobile and Electronics Manufacturing Services (EMS) division emerged as the primary engine of the company's success during Q3, analysts said.
Lower sales volumes, weak realisations impact earnings
Cement major, UltraTech Cement is scheduled to deliver its December 2024 quarter results (Q3FY25) on Thursday, January 23, 2025
HDFC Bank Q3 results 2025 date: HDFC Bank will report Q3 results 2025 on January 22
Servotech Renewable Power System on Tuesday reported a manifold rise in its consolidated net profit to nearly Rs 8 crore in the December quarter, pushed by higher revenues. It had posted a net profit of Rs 1.11 crore during the October-December period of 2023-24 financial year, the company said in a regulatory filing. The company's total revenue rose over four-fold to Rs 216.83 crore from Rs 52.20 crore a year ago. Expenses too jumped to Rs 204 crore against Rs 50.34 crore in the same period of the preceding fiscal. Servotech Renewable Power System is a leader in tech-enabled EV charging and solar solutions. In a separate statement, the company's Managing Director Raman Bhatia said the quarter experienced stellar growth. "As a market leader in India's EV charging sector, currently holding a 35-40 per cent market share, we are strategically positioned to capture 50-55 per cent by manufacturing 12,000 direct current (DC) fast chargers in FY25, meeting the rapidly surging demand for
The company, owned by UltraTech Cement, said its losses before exceptional items and taxes, for the quarter ended December, widened to Rs 307 cr ($35.5 million), from loss of Rs 50.24 cr a year ago
Consolidated net profit for the October-December period slumped 77 per cent on-year to Rs 61 crore ($7.05 million) and revenue fell 12 per cent to Rs 3,181 crore
The life insurer reported a standalone profit of Rs 326 crore (about $38 million) for the quarter ended Dec. 31, compared to Rs 227 crore a year ago
PNB Housing Finance on Tuesday reported a 43 per cent jump in net profit to Rs 483 crore for the December quarter. The non-banking finance company, promoted by Punjab National Bank, had earned Rs 338 crore in the same quarter a year ago. Total income during the third quarter of the current fiscal year grew to Rs 1,943 crore from Rs 1,756 crore in the year-ago period, PNB Housing Finance said in a regulatory filing. During the quarter, interest income improved to Rs 1,848 crore as compared to Rs 1,680 crore in the same period a year ago. Total expenses increased marginally to Rs 1,327 crore as against Rs 1,316 crore a year earlier. Gross non-performing assets declined to 1.19 per cent as of December 31, 2024, compared to 1.73 per cent at the end of the third quarter of the previous fiscal year. The mortgage firm has recovered Rs 53 crore from retail written-off pool in the quarter under review, it said. The capital adequacy ratio declined to 28.8 per cent from 29.53 per cent at t
Consolidated profit after tax fell marginally to Rs 169 crore ($19.52 million) in the October-December quarter, from Rs 170 crore a year ago
The company incurred a loss of Rs 42.37 crore in Q3 FY25
Stock Market Crash Highlights, January 21, 2025: Indian equities faced severe declines on Tuesday with the 30-share BSE Sensex crashing 1235.08 points or 1.60 per cent to settle at 75,838.36
State-owned UCO Bank on Tuesday reported a 27 per cent increase in net profit at Rs 639 crore for the third quarter ended December 2024. The Kolkata-based lender had logged a net profit of Rs 503 crore in the same quarter a year ago. Operating profit also rose to Rs 1,586 crore as against Rs 1,119 crore in the December 2023 quarter. Total income increased to Rs 7,406 crore from Rs 6,413 crore in the same period last year, UCO Bank said in a regulatory filing. Interest income also rose to Rs 6,220 crore over Rs 5,552 crore in the same quarter a year ago. Net Interest Income (NII) during the quarter rose by 20 per cent Rs 2,378 crore as against Rs 1,988 crore for the same period of the preceding year. On the asset quality front, the bank's gross Non-Performing Assets (NPAs) declined to 2.91 per cent of gross loans by the end of December 2024 from 3.85 per cent a year ago. Similarly, net NPAs or bad loans came down to 0.63 per cent as compared to 0.98 per cent in 2023. The capital
Zomato's management expects the losses in Blinkit to continue in the near term, due to aggressive store expansion.
In its Q3, the company swung back to profit at Rs 160.04 crore from a loss of Rs 5.35 crore incurred a year ago
The net interest income (NII) for the quarter under review stood at Rs 1,509 crore, up 17 per cent, as compared to Rs 1,280 crore a year ago