Page 92 - Q3 Results

Auto parts firm Sundram Fasteners Q3 profit rises 10% to Rs 118.07 cr

Company plans capex of Rs 300 cr in FY24, has got orders to serve large electric vehicles

NIIT Q3 results: Net profit marginally up at Rs 14.3 cr; revenue declines

IT training company NIIT on Friday reported a 0.56 per cent increase in its consolidated net profit to Rs 14.36 crore for the December 2023 quarter. Its profit stood at Rs 14.28 crore in the year-ago period. Sequentially, it rose 34.96 per cent against Rs 10.64 crore. The revenue from operations declined by 8.59 per cent to Rs 85.17 crore in the third quarter from Rs 93.18 crore in the year-ago period, according to a regulatory filing. A company statement said the results include the impact of the demerger of NLSL from NIIT Limited from April 1, 2022. "We are expanding in BFSI (banking, financial services and insurance) and increasing penetration across GCCs (Global capability centres). We continue to see sequential recovery in business despite the ongoing hiring freeze in the technology sector," Vijay K Thadani, Vice Chairman and Managing Director, NIIT, said. The company is on a path of recovery with its BFSI strategy, which is reflected in its yearly growth in the revival of ..

KFC India operator Devyani posts slow Q3 revenue growth at 7%, costs spike

"Consumer sentiment remains subdued, despite Q3 traditionally being a strong and festive quarter," Chairman Ravi Kant Jaipuria said in a statement. This, coupled with total expenses jumping nearly 16%

RIL hits new high, m-cap nears Rs 20 trn mark; Chart hints further upside

Reliance Industries hit a high of Rs 2,950 in intra-day deals on Friday, while the market capitalisation stood at Rs 19.96 trillion at the highest point of the day.

Toyota supplier Denso cuts Q3 profit forecast after hit by extra costs

Denso gets about half of its revenue from the Toyota group, which also includes Toyota truck unit Hino Motors and small-car maker Daihatsu

Q3 preview: 3 reasons why SBI may report weak results in December quarter

SBI share price: State Bank of India is scheduled to post its Q3FY24 results on Saturday, February 3.

Bata Q3 results: Net profit falls 30% to Rs 58 cr, revenue at Rs 903 cr

Bata India's consolidated net profit declined by 30 per cent to Rs 58 crore in the December 2023 quarter against Rs 83 crore a year ago. Its revenue from operations was steady at Rs 903 crore despite muted market demand, thanks to growth in premium categories, the shoemaker said in a statement. Overall expenses for the quarter were higher at Rs 836 crore compared to Rs 798 crore in the corresponding period last year. The company in a statement attributed the decline in net margin to significant investments made in brand and technology during the quarter. Bata India expanded its network with 54 net new stores and franchise and COCO expansion, while also renovating 36 stores to enhance the brand experience during the quarter. "Despite persistent market headwinds accentuated in discretionary spending, we continued to invest in new product launches, enhancing customer experience, and expanding our reach across channels & markets," Gunjan Shah, MD and CEO of Bata India Limited, said.

Aditya Birla Capital Q3 results: Consolidated net up 39% at Rs 736 crore

The company's consolidated revenue grew by 29 per cent Y-o-Y to Rs 9,997 crore, up from Rs 7,743 crore in the quarter ended December 2022

TD Power Systems Q3 results: Net profit rises 49% to Rs 29.89 crore

TD Power Systems on Thursday posted a nearly 49 per cent rise in its consolidated net profit to Rs 29.89 crore in the December quarter, on the back of higher revenues. Its consolidated net profit was Rs 20.07 crore in the quarter ended on December 31, 2022, according to a regulatory filing. Total income rose to Rs 247.92 crore in the quarter from Rs 205.65 crore in the same period a year ago. The company's board has appointed Rahul Matthan and Karl Olof Alexander Olsson as additional directors in the capacity of its non-executive Independent Directors for a term of 5 years, with effect from April 1, 2024, the filing said. The appointment is subject to the approval of the shareholders, it added.

Bayer CropScience Q3 results: Profit falls 31% to Rs 93.1 cr on soft demand

The company's profit fell to 931 million rupees ($11.2 million) during the three months ended Dec. 31 from 1.35 billion rupees a year earlier

Godrej Agrovet Q3 results: Profit falls 21% to Rs 91.84 cr on lower demand

Consolidated net profit fell to Rs 91.84 crore ($11.1 million) for the three months ended Dec. 31 from Rs 116 crore a year earlier, the company said in an exchange filing

Abbott Q3 results: Profit rises 26% to Rs 311 cr on strong demand

The company, which makes popular antacid medicine Digene, said its profit rose to 3.11 billion rupees ($37.5 million) from 2.47 billion rupees a year earlier

Titan Q3 results: Profit rises 9.4% to Rs 1,040 crore, misses estimates

Indian jeweler and watch maker Titan Company reported third-quarter profit below estimates on Thursday as escalating costs of bullion outshined demand during the festive season

V-Guard Q3 results: Profit rises 48% to Rs 58.24 crore, beats estimates

Consolidated net profit rose 48% to 582.4 million rupees ($7 million) in the quarter ended Dec. 31 from a year earlier. Analysts, on average, had expected a profit of 555.1 million rupees

Dr. Lal PathLabs Q3 results: Profit rises 54% to Rs 81.3 cr, revenue up 10%

The October-December quarter encompasses the tail end of the monsoon as well as winter, which brings with them ailments such as influenza and stomach flu

Ambuja Cements Q3 results: Consolidated net profit up 89.5% at Rs 823 cr

Reported profit after tax for the company was at Rs 1,090 crore, up 123 per cent from a year ago

Punjab & Sind Bank Q3 results: Net profit drops 69% to Rs 114 crore

State-owned Punjab & Sind Bank on Wednesday reported a 69 per cent decline in its net profit to Rs 114 crore for the third quarter ended December 2023. The Delhi-headquartered bank had earned a net profit of Rs 373 crore in the same quarter a year ago. Its total income increased to Rs 2,853 crore during the quarter under review against Rs 2,245 crore in the same period last year, Punjab & Sind Bank said in a regulatory filing. The interest income rose to Rs 2,491 crore against Rs 2,107 crore in the year-ago period. On the asset quality front, gross non-performing assets (NPAs) declined to 5.70 per cent of the gross loans by the end of December 2023 from 8.36 per cent a year ago. Similarly, net NPAs or bad loans came down to 1.80 per cent from 2.02 per cent at the end of the third quarter of the previous fiscal. Capital Adequacy Ratio of the bank improved to 16.13 per cent compared to 15.57 per cent at the end of December 2022. During the quarter, the bank crossed a business ...

Sun Pharma Q3 results: Net profit up 16.5% at Rs 2,524 cr on US, India biz

Bloomberg analysts' estimates had pegged the revenue at Rs 12,336 crore and PAT at Rs 2,470 crore

HeidelbergCement India Q3 results: Net profit rises to Rs 31.47 crore

HeidelbergCement India Ltd on Wednesday reported an increase in net profit to Rs 31.47 crore for the December quarter, aided by reduction in operating costs. The company had reported a net profit of Rs 5.58 crore in the year-ago period, HeidelbergCement India said in a regulatory filing. Its total revenue from operations was up 12.4 per cent to Rs 607.13 crore in the third quarter of the ongoing fiscal. It was Rs 540.12 crore in the corresponding quarter of the previous fiscal. "Revenue increased 12 per cent compared to the corresponding quarter of the previous year, driven by 10 per cent volume growth and 2 per cent price increase," the company said in an earning statement. Its operating costs on a per-tonne basis, including freight "decreased 2.4 per cent year-on-year primarily due to decrease in coal and petcoke costs". HeidelbergCement India's total expenses in the December quarter were Rs 577.58 crore, up 6.43 per cent. In the December quarter, HeidelbergCement's sales volum

Maruti Suzuki Q3 results: PAT up 33% at Rs 3,207 cr amid high SUV sales

The company sold 501,207 units in the third quarter of this year, which was 7.6 per cent more than in the corresponding period of the last financial year