Page 82 - Q3 Results

KPI Green Energy Q3 results: Net profit up 47% at Rs 50 cr, revenue doubles

KPI Green Energy Ltd on Wednesday posted a 47 per cent rise in consolidated net profit to Rs 50.60 crore in the December quarter, supported by higher income. It had clocked a net profit of Rs 34.45 crore in the year-ago period, the company said in an exchange filing. The company's total revenue surged to Rs 331.32 crore over Rs 179.66 crore a year ago. Its expenses stood at Rs 259.55 crore in the third quarter of the ongoing fiscal, as against Rs 137.11 crore a year ago. KPI Green Energy Ltd (Formerly known as KPI Global Infrastructure Ltd), is the solar and hybrid vertical of KP Group. The Gujarat-based company develops, builds, owns, operates and maintains solar and hybrid power plants through as an Independent Power Producer (IPP) and as service provider to Captive Power Producer (CPP).

Shriram Properties Q3 result: PAT dips 17% to Rs 18 cr, income at Rs 240 cr

Shriram Properties Ltd on Wednesday reported a 17 per cent decline in profit after tax at Rs 18.48 crore in the quarter ended December 2023 and announced its entry into the Pune market with a real estate project worth Rs 1,300 crore. The company's net profit stood at Rs 22.36 crore in the year-ago period. The total income rose to Rs 240.57 crore in the third quarter of this fiscal, from Rs 222.01 crore in the corresponding period of the previous year, according to a regulatory filing. Shriram Properties said it is planning an entry into the Pune region, and has signed a Development Management (DM) agreement for the development of a residential project in Undri, Pune. The company has secured development rights under the DM model, and the project envisages the development of over 1.7 million square feet of residential area and 0.3 million square feet of commercial area. The project has sales value potential of over Rs 1,300 crore and is to be executed over the next 3-4 years, Shrira

Ipca Labs Q3 results: Profit up 67% at Rs 180 cr, revenue at Rs 2,053 cr

Ipca Laboratories on Wednesday reported 67 per cent increase in consolidated net profit at Rs 180 crore for the third quarter ended December 31, 2023. The drugmaker had reported a net profit of Rs 108 crore for October-December FY23. Revenue from operations rose to Rs 2,053 crore from Rs 1,546 crore in the year-ago period, Ipca Laboratories said in a regulatory filing. Shares of the company were trading 0.86 per cent down at Rs 1,150.15 apiece on the BSE.

Natco Pharma Q3 results: Net profit rises over 3-fold to Rs 212.7 crore

Natco Pharma Ltd on Wednesday reported over three-fold rise in consolidated net profit at Rs 212.7 crore in the third quarter ended December 31, 2023 on the back of robust revenue growth. The company had posted a consolidated net profit of Rs 62.3 crore in the same period last fiscal, Natco Pharma said in a regulatory filing. Consolidated revenue from operations in the quarter under review stood at Rs 758.6 crore, as against Rs 492.5 crore in the year-ago period, it added. Total expenses were higher at Rs 539.3 crore, up from Rs 431.9 crore in the same quarter last fiscal, the company said. There was strong growth across businesses compared to last year, Natco said, adding it is confident of its strategy going forward. Revenue from export of formulations was at Rs 605.6 crore in the third quarter, up from Rs 333.7 crore in the year-ago period. However, domestic formulations revenue was down at Rs 99.4 crore, as compared to Rs 101.1 crore in the corresponding period last fiscal, i

Wockhardt Q3 results: Loss narrows to Rs 86 cr, revenue up marginally

Pharmaceuticals firm Wockhardt Ltd on Wednesday reported narrowing of consolidated net loss to Rs 86 crore for the third quarter ended December 31, 2023. The company had incurred a loss of Rs 102 crore in the third quarter last fiscal, Wockhardt Ltd said in a regulatory filing. Revenue from operations during the quarter under review stood at Rs 701 crore as compared to Rs 699 crore in the year-ago period, the company said. Total expenses were lower at Rs 796 crore as against Rs 803 crore in the same period last fiscal.

NALCO surges 10% on heavy volumes on strong Q3 earnings

Earnings before interest, tax, depreciation, and amortization (EBITDA) jumped 68 per cent YoY to Rs 770 crore, driven by better operating performance in the aluminum business.

Senco Gold Q3 results: Profit after tax increases 6% at Rs 109.32 crore

Jewellery retailer Senco Gold has reported a 5.8 per cent growth in consolidated profit after tax at Rs 109.32 crore for the quarter ended December 31, 2023. The company's profit after tax (PAT) stood at Rs 103.35 crore during the corresponding quarter of the previous fiscal, the jewellery retailer said in a regulatory filing on Tuesday. The company's revenue from operations grew by 23.3 per cent during the quarter under review at Rs 1,652.20 crore, compared to Rs 1,339.63 crore in the same period of the previous year. "Our consistent performance demonstrates our robust execution capability, operational prudence and financial rigour. We achieved the highest-ever third quarter revenue of Rs 1,652 crore recording quarter-on-quarter (QOQ) growth of 43 per cent and year-on-year (YoY) growth of 23 per cent... "The new showroom launches of 18 so far have also led to investment in working capital out of our internal accruals, IPO funds and incremental borrowing. We thus remain dedicated t

Adani Group, Hindalco, Eicher: Five stocks to watch out for on Wednesday

Stocks to watch on Wednesday, February 14, 2024: Shares of Adani Group are likely to be in focus as ratings agency Moody's upgraded outlook on four of the group companies.

BHEL Q3 results: Net loss at Rs 149 cr, income up marginally at Rs 5,599 cr

State-owned BHEL on Tuesday posted a consolidated net loss of Rs 148.77 crore for the third quarter ended December 2023, impacted by higher expenses. It had posted a net profit of Rs 42.28 crore in the October-December period of the preceding 2022-23 financial year, the company said in an exchange filing. The company's total income rose to Rs 5,599.63 crore from Rs 5,353.94 crore a year ago. Its expenses increased to Rs 5,816.87 crore from Rs 5,320.84 crore in the third quarter of the last fiscal. BHEL is one of the largest engineering and manufacturing companies, engaged in design, engineering, construction, testing, commissioning and servicing a wide range of products and services.

Oil India Q3 results: Profit falls 9.3%, hit by lower crude prices

Oil India shares closed 0.2% higher ahead of the earnings, after rising about 79% in 2023

Eicher Motors Q3 results: Profit up 34% at Rs 996 cr, beats estimates

The company's profit rose 34.4% to Rs 996 crore ($120 million) in the three months to Dec. 31, beating analysts' estimates of Rs 989 crore, as per LSEG data

Hindalco Industries Q3 results: Net profit up 71.1% on lower costs

Novelis Bay Minette project to see cost escalation of more than $1 bn

Tilaknagar Industries Q3 results: Profit declines 42% to Rs 43.8 cr

Indian-Made Foreign Liquor (IMFL) manufacturer Tilaknagar Industries Ltd has reported a decline of 42.32 per cent in its consolidated net profit to Rs 43.76 crore for the third quarter ended December 2023. The company had reported a net profit of Rs 75.88 crore in the October-December period a year ago, according to a regulatory filing. However, its revenue from operations surged 18 per cent to Rs 797.54 crore during the period under review. It was Rs 675.46 crore in the year-ago period. The total expenses in the December quarter rose 16.9 per cent to Rs 762.20 crore. Its total income grew 19.11 per cent to Rs 805.97 crore in the December quarter of FY24. In the quarter ended December 2023, Tilaknagar Industries' sales volumes increased to 29.5 lakh cases against 26 lakh cases in the same period last year. The company owns brands like Mansion House Brandy, Courrier Napoleon Brandy, Mansion House Gold Whisky and Blue Lagoon Gin. "In Q3 FY24, our company has achieved a year-on-yea

Strong performance in Q3 adds fuel to Coal India Limited's stock

The e-auction ASP declined 34 per cent Y-o-Y to Rs 3,321 per tonne, which was at a premium of 117 per cent over FSA

Nalco Q3 results: Profit rises two-fold to Rs 471 cr, income at Rs 3,397 cr

National Aluminium Company Ltd on Tuesday reported almost two-fold rise in consolidated profit to Rs 470.61 crore for the quarter ended on December 31, 2023. The company had posted a consolidated profit of Rs 256.32 crore in the October-December quarter of FY2022-23, Nalco said in a filing to BSE. Total income during the quarter under review rose to Rs 3,397.87 crore from Rs 3,357.71 crore in the year-ago period. The company's board has approved the second interim dividend of Rs 2 per share on the paid-up equity share capital of Rs 918.32 crore for the current fiscal. National Aluminium Company Limited (Nalco) is a Navratna PSU. It is one of the largest integrated bauxite-alumina-aluminium-power complex in the country.

Coca-Cola records volume growth in India in October-December quarter

In the Asia Pacific market, its unit case volume grew 2 per cent for the quarter, primarily driven by growth in juice, value-added dairy and plant-based beverages, and sparkling flavours

Eicher expects exports of Royal Enfield to pick up after two-year slump

Strong domestic sales of Royal Enfield, a premium-priced motorcycle, helped Eicher post a bigger-than-expected 12.3% jump in revenue to 41.79 billion rupees ($504 million) for the Oct-Dec quarter

Eris Lifesciences Q3 results: Profit flat at Rs 102 crore, revenue up 16%

On a sequential basis, the company saw a 3.40 per cent decline in revenue along with Profit After Tax (PAT), which also declined by 16.77 per cent

Tilaknagar Industries Q3 results: PAT grows 78.3% to Rs 43.8 crore

Tilaknagar Industries registered a 24 per cent rise in net revenue at Rs 377 crore in the quarter ended December 2023 as against Rs 303 crore in the corresponding quarter a year ago

Sula Vineyards Q3 results: Profit up 9% at Rs 42.98 cr on strong demand

The Mumbai-headquartered company said its consolidated net profit rose to Rs 42,98 crore ($5.2 million) from Rs 39.28 million rupees year ago