Page 102 - Latest Updates on Q4 Results

Bank of India Q4 net more than doubles to Rs 1,350 cr on improvement in NII

BOI's capital adequacy ratio stood at 16.28 per cent with the Common Equity Tier of 13.6 per cent at the end of March

Union Bank's Q4 net rises 93.3% to Rs 2,782 cr on healthy growth in NII

The board of directors has recommended a dividend of Rs 3.0 per share (Rs 10 each) for FY23, subject to shareholders' approval, the Mumbai-based lender informed BSE

Adani Power Q4 profit grows 13% Rs 5,242 cr on lower finance cost

Adani Power Ltd (APL) has posted around 13 per cent jump in consolidated net profit at Rs 5,242 crore for March quarter 2022-23. The company had clocked Rs 4,645 crore net profit in January-March 2021-22, it said in a statement Friday. "Consolidated PAT (profit after tax) for Q4 FY23 grows...on account of lower finance cost as well as certain reversals consequent to the scheme of amalgamation(of six subsidiaries)," APL said. Total income however fell to Rs 10,795 crore from Rs 13,307 crore in the year-ago quarter. Total expenses were higher at Rs 9,897 crore as against Rs 7,174 crore a year ago. "PAT for FY23 higher by 118.4 per cent at Rs 10,727 crore vs Rs. 4,912 crore for FY22 due to higher EBITDA, lower finance cost on account of debt prepayment, as well as certain reversals consequent to the Scheme of Amalgamation becoming effective," the company said. The company's earnings before interest, taxes, depreciation and amortization (EBITDA) for FY23 was higher at Rs 14,312 crore

Rane Engine Valve reports 24.7% to Rs 136.50 crore rise in Q4 revenue

Rane Engine Valve Ltd has reported a net profit at Rs 4.9 crore for the fourth quarter ending March 31, 2023, the company said on Saturday. Total revenue during the quarter under review surged by 24.7 per cent to Rs 136.50 crore from Rs 109.50 crore registered in the same period last year. The city-based manufacturer of engine valves reported net loss at Rs 0.01 crore during the January-March 31,2022 quarter. For the year ending March 31, 2023 the net loss stood at Rs 0.1 crore as compared to a net loss at Rs 11.9 crore registered last financial year. Total revenue for the year ending March 31, 2023 grew by 29.8 per cent to Rs 499.6 crore from Rs 385 crore registered in the same period of previous financial year. On the operating performance during the quarter ending March 31, 2023, the company said sales to domestic customers rose by 28 per cent 'supported by strong off-take from passenger vehicle and commercial vehicle' customers. Exports grew by 27 per cent as demand from over

Adani Power Q4 results: Net profit rises 12.9% to Rs 5,242 crore

Consolidated total revenue higher by 35.8 per cent at Rs 43,041 crore in FY23 against Rs 31,686 crore in FY22

Paytm Q4 results: Revenue rises 51%, loss narrows to Rs 168 crore

The company's payments services revenue grew by 41 per cent to Rs 1,467 crore in Q4FY23

KFin Technologies' profit rises to Rs 196 crore, revenue up 13% in FY23

For the fourth quarter (Q4), the revenues from operations stood at Rs 183 crore, up 1.3 per cent year-on-year

Equitas Small Finance Bank Q4 results: Net profit rises 58% to Rs 190 crore

Equitas Small Finance Bank board approves dividend of Rs 1 per share

Piramal Enterprises posts Q4 loss of Rs 196 cr on MTM hit of Rs 375 cr

Jairam Sridharan is the Managing Director, Piramal Capital & Housing Finance (PCHFL) told media that the loss on Shriram Investments has partly gone away after March 31, 2023

Sundaram Fasteners registers Rs 5,000 crore consolidated revenue in FY23

Auto-components manufacturer Sundaram Fasteners on Friday announced crossing consolidated revenue of Rs 5,000 crore and a net profit of Rs 500 crore for the financial year ended March 31, 2023. Its domestic and overseas subsidiaries have registered a good performance during the year, the company said in a release. "The company's consolidated revenue from operations posted for the year ended March 31, 2023 was at Rs 5,662.75 crore as against Rs 4,902.06 crore during the same period in the previous year, recording a growth of 15.52 per cent," it said. Similarly, the consolidated net profit for the year was Rs 500.35 crore, as against Rs 461.83 crore recorded during the same period in the previous year. Domestic sales recorded a 22.95 per cent growth on the back of increased demand. "Despite the headwinds in global markets, the export sales for the year ended March 31, 2023 were at Rs 1,528.95 crore as against Rs 1,421.09 crores during the previous year," the company added. The comp

Britannia Industries Q4 results: Net profit rises 47% on strong demand

Total revenue from operations rose more than 13% to Rs 4,023 crore, helped by an expansion in its distribution network

Marico Q4 results: Net profit up 20.3% to Rs 302 cr, revenue rises 3.6%

Marico Q4 result: For FY23, the company's net profit was up 6.2 per cent to Rs 1,302 crore from Rs 1,225 crore in FY22

Federal Bank Q4 profit up 67% at Rs 903 cr; posts highest operating profit

Kerala-based lender's net interest income grows 25% to Rs 1,909 cr

Federal Bank Q4 results: Net profit rises 67% to Rs 902.61 crore

Private sector lender Federal Bank on Friday reported its highest-ever quarterly net profit of Rs 902.61 crore for the January-March quarter of FY2022-23, registering an annual growth of 67 per cent. The bank's net profit stood at Rs 540.54 crore in the January-March quarter of 2021-22. In a stock exchange filing, the lender also reported the highest-ever operating profit at Rs 1,335 crore for the quarter, up 67 per cent year-on-year. The net interest income stood at Rs 1,909.29 crore in the last quarter of FY23, up 25.18 per cent from Rs 1,525.21 crore in the year-ago quarter. The bank also said gross NPAs came down to 2.36 per cent in the fourth quarter of the last fiscal compared to 2.8 per cent in the year-ago quarter. The Net NPA was at 0.69 per cent compared to 0.96 per cent in the fourth quarter of 2021-22. Federal Bank's net profit for the fiscal ending March 2023 was at Rs 3,010.59 crore, a growth of 59.31 per cent on an annual basis. Commenting on the results and financ

Bharat Forge posts consolidated net profit at Rs 127.74 crore in Q4

Auto components major Bharat Forge Ltd on Friday reported a consolidated net profit of Rs 127.74 crore for the fourth quarter ended March 31, 2023. The company had posted a consolidated net profit of Rs 231.86 crore in the same period of the previous fiscal, Bharat Forge said in a regulatory filing. Consolidated revenue from operations during the quarter under review stood at Rs 3,629.05 crore. It was at Rs 3,573.09 crore in the year-ago period. For the fiscal ended March 31, 2023 consolidated net profit was at Rs 508.39 crore. It was at Rs 1,077.06 crore in the previous fiscal. Consolidated revenue from operations in FY23 stood at Rs 12,910.26 crore. It was at Rs 10,461.08 crore in FY22. The figures have not been compared as "the consolidated financial results include a period of 15 months pertaining to certain foreign components for the year ended March 31, 2022". The company said its board has recommended a dividend of Rs 5.5 per equity share of face value Rs 2 each for the ..

TVS Credit Services Q4 profit rises 76% at Rs 111 cr as disbursement grow

NBFC credits business growth in FY23 to credit demand and product offerings

CEAT rallies over 5% in weak market on 5-fold jump in Q4 net

The tyre-maker reported 420.7 per cent surge in Q4 net profit to Rs 132.42 crore for the quarter ended March 2023 as against Rs 25.43 crore in the year ago period.

United Breweries hits 52-week low as high RM prices hurt Q4FY23 margins

So far this calendar year (CY23), the stock has crashed over 20 per cent, as against 0.1 per cent rise in the S&P BSE Sensex

Sundram Fasteners hits new life-time high; gains 5% on solid Q4 earnings

The company's consolidated net profit grew by 19 per cent YoY to Rs 127.47 crore, backed by a 8.1 per cent rise in revenue.

Blue Star rallies 5% on 1:1 bonus plan; 3-fold jump in Q4 net

The company's net profit jumped to Rs 225 crore in Q4FY23 from Rs 76 crore a year ago, aided by profit from sale of freehold land.