Page 103 - Latest Updates on Q4 Results

JK Bank records highest-ever net annual profit of Rs 1,197 crore in FY23

Jammu and Kashmir Bank has announced its highest-ever net annual profit of Rs 1,197 crore in the results for the financial year 2022-23. With a decade-high capital adequacy ratio of 15.39 per cent and NPAs at an eight-year low of 6.04 per cent, the bank also recorded its highest-ever quarterly profit of Rs 476 crore in the last quarter. "Jammu and Kashmir Bank has recorded Rs 1,197 crore as net profit for FY 2022-23 which is the highest ever annual profit," a bank spokesperson said. "The bank's gross and net NPA as percentages to gross and net advances improved considerably to 6.04 per cent and 1.62 per cent respectively, compared to 8.67 per cent and 2.49 per cent recorded last year." The growth of advances outpaced the increase in deposits. While advances grew by 17 per cent to 82,285 crore, deposits increased by around 6 per cent to Rs 1,22,038 crore. "It is a great feeling to deliver better-than-promised annual numbers. Looking back to March 2022 with these set of numbers, I

Sundram Fasteners posts 19% rise to Rs 127.47 crore in Q4 net profit

The export sales for the quarter were at Rs 380.77 crore as against Rs 366.01 crore, a growth of 4.03 per cent

United Breweries posts 94.03% slump in Q4 profit on higher input costs

India's United Breweries Ltd reported a 94.03% slide in fourth-quarter profit on Thursday, hurt by higher raw material costs

Mindspace REIT Q4 NOI up 9% to 436.4 cr, distribution of Rs 285 cr declared

Mindspace Business Parks REIT on Thursday reported a 9 per cent increase in its net operating income to Rs 436.4 crore in the fourth quarter of the last fiscal and declared income distribution of Rs 285.2 crore to unitholders for the March quarter. The company declared a distribution of Rs 285.2 crore or Rs 4.81 per unit for Q4 FY23, a growth of 4.3 per cent YoY (year-on-year). The record date for the distribution is May 10, 2023. Payment of the distribution shall be processed on or before May 17. The dividend, which is tax-exempt in the hand of unitholders, forms 90.9 per cent (Rs 4.37 per unit ) of distribution, it said in a regulatory filing. Net Operating Income (NOI) grew 13 per cent to Rs 1,710.1 crore during the last fiscal. The total distribution in the 2022-23 fiscal will touch Rs 1,132.7 crore. Mindspace Business Parks REIT, sponsored by the K Raheja Corp Group, got listed on the Indian bourses in August 2020. It owns quality office portfolios in Mumbai Region, Pune, ...

Growth prospects remain strong for Titan after good Q4 performance

Jewellery segment margins expected to moderate in the current fiscal

CEAT reports five-fold jump in Q4 profit on lower raw material costs

The company recommended a final dividend of Rs 12 rupees per share

Hero MotoCorp Q4 net up 31% to Rs 810 cr on higher prices, better savings

Hero MotoCorp's consolidated annual net profit rose by 20.21 per cent to Rs 2,800 crore

TVS Motor Q4 net profit rises 22% to Rs 336 crore on rise in sales

The revenue for the entire year increased from Rs 24,355 crore last year to Rs 31,974 crore in 2022-23

TVS Motor Q4 results: Profit up 21% at Rs 336 cr, revenue at Rs 8,031 cr

TVS Motor Company on Thursday said its consolidated net profit rose by 21 per cent to Rs 336 crore for the fourth quarter ended March 31, 2023, riding on the back of robust sales. The company had reported a net profit of Rs 277 crore in the same period of the previous fiscal. Revenue from operations rose to Rs 8,031 crore in January-March compared with Rs 6,585 crore in the fourth quarter of 2021-22 fiscal, TVS Motor Company said in a regulatory filing. The company sold 8.68 units in the fourth quarter ended March 2023 as compared with 8.56 lakh units in the year-ago period. For the 2022-23 fiscal, the company posted a consolidated net profit of Rs 1,329 crore as against Rs 757 crore in FY22. Revenue from operations rose to Rs 31,974 crore as against Rs 24,355 crore in the 2021-22 fiscal. During FY23, the overall two and three-wheeler sales of the company grew 11 per cent to 36.82 lakh units as against 33.10 lakh units in the year 2021-22. Shares of the company ended 1.12 per cen

Wadia-owned Bombay Dyeing posts bigger loss in March qtr as costs soar

The Mumbai-based company's consolidated net loss widened to Rs 246 crore ($30.08 million) for the three months ended March 31, from a loss of Rs 41.74 crore a year earlier

Blue Star posts 3-fold jump in Q4 profit to Rs 225 cr, revenue from ops up

Air conditioning and commercial refrigeration firm Blue Star Ltd on Thursday reported nearly three-fold rise in consolidated net profit at Rs 225.29 crore in the fourth quarter ended March 31, 2023, aided by profit on sale of freehold land. The company had posted a consolidated net profit of Rs 76.27 crore in the same quarter previous fiscal, Blue Star Ltd said in a regulatory filing. Consolidated revenue from operations during the quarter under review stood at Rs 2,623.83 crore as compared to Rs 2,254.21 crore in the year-ago period, it added. During the quarter, the company said it had registered Rs 170.81 crore profit on sale of freehold land, which was classified as asset held for sale in the previous year, and the same has been reported as an exceptional item. Total expenses in the fourth quarter were higher at Rs 2,485.45 crore as compared to Rs 2,147.24 crore in the same period a year ago. For the fiscal ended March 31, 2023, consolidated net profit was at Rs 400.69 crore a

Tata Power Q4 results: Consolidated net profit rises 54% to Rs 778 crore

The company's board recommended a dividend of Rs 2 per share

Hero MotoCorp Q4 results: Net profit rises 37% on higher vehicle sales

The company's profit jumped to Rs 859 crore ($105 million) for the three months ended March 31 from Rs 627 crore a year earlier

Dabur India's Q4 net profit falls to Rs 292.76 crore, revenue up 6.4%

Revenue from operations in the fourth quarter, meanwhile, jumped 6.4 percent to Rs 2,677.8 crore for the quarter under review, as compared to Rs 2,517.81 crore in the year-ago period

Adani Enterprises revenue up 26% at Rs 31,716 cr in Q4, PAT rises 137%

Group flagship company is focused on 'governance, compliance, performance': Gautam Adani

HDFC Q4 profit up 20% at Rs 4,425 cr on robust net interest income

Mortgage lender's board declares an interim dividend of Rs 44 per equity share for FY23

Adani Enterprises Q4 results: Net profit rises 137.5% to Rs 722 crore

Adani Enterprises Q4 results: The revenue from operations of the flagship firm of the Adani Group was up 26.06 per cent to Rs 31,346.05 crore in the quarter

Dabur reports 0.5% fall in net profit, declares dividend of Rs 2.7 apiece

During the quarter, the revenue from operations, however, rose 6.3 per cent to Rs Rs 2,677.33 crore

HDFC Q4 net profit up 19.5%, interim dividend of Rs 44 per share declared

HDFC Q4: The company's total revenue from operations was up 35.6% year-on-year (YoY) to Rs 16,679.43 crore

Britannia's Q4 revenues may rise up to 14% YoY led by volumes, say analysts

Britannia Industries Q4 preview: Though higher advertising spends may have some impact on EBITDA margins sequentially, price hikes would help expand margins up to 231 basis points (bps), said analysts