Page 104 - Latest Updates on Q4 Results

MRF nears 52-week high on healthy Q4 results; stock rallies 8% in 2 days

Analysts at Motilal Oswal Financial Services (MOFSL) said that MRF's Q4FY23 performance surprised positively as lower raw material costs boosted Ebitda margin to 14.7 per cent

Petronet LNG dips 5% on disappointing Q4 results; net profit falls 18% YoY

The company's profit after tax (PAT) declined 18 per cent YoY (down 48 per cent QoQ) to Rs 614.3 crore. Revenue increased 24.3 per cent YoY (down 12 per cent QoQ) to Rs 13,873.9 crore

Cholamandalam Investment soars 9% to hit a new high after strong Q4 results

The management said it had gained market share across product segments like in vehicle finance (VF), and other business units.

Stocks to Watch: Titan, Tata Chem, Adani Group, RIL, Petronet, Apollo Micro

Stocks to watch on May 04, 2023: Adani Enterprises, Bombay Dyeing, Dabur, HDFC, Hero MotoCorp, Tata Power and TVS Motors may see some action owing to Q4 results on Thursday.

Sensex snaps 8-day winning run, ends 161 pts lower ahead of Fed outcome

Stock market live: Overnight in the US, banking shares declined as investors fret over the stability of small regional banks. The Dow Jones and Nasdaq fell 1.08% each while the S&P 500 shed 1.16%

Reliance Power posts Rs 322 crore net profit in Q4, total income declines

Reliance Power on Wednesday reported a net profit of Rs 321.79 crore for the quarter ended March 2023. The consolidated net loss of the company was Rs 657.89 crore in the quarter ended on March 31, 2022, according to a BSE filing. Total income of the company stood Rs 1,856.32 crore in the latest March quarter as against Rs 1,878.40 crore in the same period a year ago. The company's board has appointed Punit Narendra Garg as an Additional Director (Non-Executive Non-Independent). Besides, Ramandeep Kaur has been appointed as the Company Secretary cum Compliance Officer and Ashok Kumar Pal as the Manager.

Cholamandalam Investment's Q4FY23 profit rises to Rs 852.84 crore

Cholamandalam Investment and Finance Company Ltd has reported a standalone profit for the quarter ending March 31, 2023 at Rs 852.84 crore, the company said on Wednesday. The city-based Murugappa Group firm had registered Rs 689.58 crore during the corresponding quarter of the previous year. For the year ending March 31, 2023, the standalone profit grew to RS 2,666.20 crore from Rs 2,146.71 crore registered in the corresponding quarter of last financial year. The standalone total income for the quarter ending March 31, 2023, went up to Rs 3,794.26 crore from Rs 2,631.75 crore registered in the same quarter of last year. For the financial year ending March 31, 2023, the standalone total income grew to Rs 12,977.98 crore from Rs 10,138.77 crore registered in the same period last year. In a statement, the company said the disbursements during the quarter ending March 31, 2023 grew by 65 per cent to Rs 21,020 crore while for the year ending March 31, 2023 it grew to Rs 66,532 crore up

Cholamandalam Investment net profit surges 24% to Rs 853 crore in Q4

Interestingly, disbursements during the year under review increased by 87 per cent to Rs 66,532 crore from Rs 35,490 crore in FY22

ABB India net profit falls to Rs 245 crore in quarter ending March

ABB India on Wednesday said its net profit fell over 33 per cent to Rs 245 crore in the March quarter. The company had reported a net profit of Rs 370 crore in the year-ago period, according to a BSE filing. ABB India follows January to December financial year. The company explained, "In Q1 2022, (January-March 2022) Rs 293 crore was disclosed as exceptional item in the financial results from the sale of the turbocharger business to its wholly-owned subsidiary." Its profit after tax was Rs 245 crore at the end of the first quarter of 2023 (January-March 2023) as compared with Rs 149 crore a year ago, on a like-to-like basis, without any exceptional items, it added. Revenue of the company rose to Rs 2,411 crore in the quarter from Rs 1,968 crore in the corresponding period of 2022. Its cash position continues to remain robust at Rs 3,942 crore at the end of Q1 2023 vis-a-vis Rs 2,707 crore in Q1 2022. The firm continued to focus on value chain improvements to address headwinds of

Yum! Brands reported 25% system sales growth in India in Jan-March quarter

Its area countries include Nepal, Bangladesh, Sri Lanka and Maldives

Tata Chemicals Q4 profit surges 62%, driven by strong soda ash demand

India's Tata Chemicals Ltd posted a 62% jump in fourth-quarter profit on Wednesday, helped by demand for products such as soda ash, bicarbonate and salt

FMCG firm Bajaj Consumer Care net profit climbs 13 pc to Rs 40.5 cr

FMCG firm Bajaj Consumer Care Ltd on Wednesday reported a 13 per cent rise in its consolidated net profit at Rs 40.46 crore for the fourth quarter ended March 2023. It had posted a consolidated net profit of Rs 35.82 crore in the year-ago period, according to a regulatory filing by Bajaj Consumer Care Ltd (BCCL) BCCL owns hair oil brands such as Almond Drops and Brahmi Amla. The company's revenue from operations rose 14.53 per cent to Rs 246.19 crore during the period under review as against Rs 214.95 crore in the year-ago period. Its total expenses were at Rs 210.32 crore, up 13.69 per cent, in Q4FY23 as against Rs 184.98 crore. BCCL's total income rose 13.37 per cent to Rs 259.52 crore in the March quarter. For the financial year ended March 2023, BCCL's net profit was down 17.93 per cent to Rs 139.21 crore. It was at Rs 169.63 crore in FY22. However, its revenue from operation in FY23 increased 9.45 per cent to Rs 949.05 crore over Rs 867.09 crore a year ago. Shares of Bajaj

MRF Q4 net profit doubles to Rs 341 cr, declares Rs 169/share dividend

Company says it recorded growth in all product groups as increase in raw material prices continued

Havells profit rises 1.57% to Rs 358 cr, revenue up 9.8% to Rs 4,859 cr

Havells India Ltd on Wednesday reported an increase of 1.57 per cent in its consolidated net profit at Rs 358.04 crore for the fourth quarter ended on March 31, 2023. The consumer electrical goods maker company had posted a consolidated net profit of Rs 352.48 crore in the January-March quarter a year ago, Havells said in a regulatory filing. Havells' revenue from operations rose by 9.78 per cent to Rs 4,859.21 crore during the period under review, as against Rs 4,426.26 crore in the corresponding period last fiscal. Its total expenses were at Rs 4,419.23 crore, up 10.58 per cent in Q4/FY23, as against Rs 3,996.12 crore a year ago. Havells India Chairman and Managing Director Anil Rai Gupta said there is "moderate revenue growth amidst sluggish consumer demand environment. While business and consumers contend with persistent inflation, we are optimistic about opportunities ahead and confident of capitalising on the same." In the March quarter, Havells' revenue from the Switchgears

Titan Q4 net profit up 50% to Rs 734 crore, dividend of Rs 10 declared

The company's revenue from operations rose 335 during the period to Rs 9,704 crore

Godrej Properties sees 15% rise in FY24 bookings value after Q4 profit jump

The company expects bookings of 140 billion rupees for the current fiscal, higher than the 123.32 billion rupees in fiscal 2023, which beat its own forecast

MRF Q4 net profit up 86%, tyre maker announces dividend of Rs 169 apiece

Its consolidated revenue from operations rose 10 per cent to Rs 5,841.7 crore in Q4FY23

Adani Wilmar reports 60% fall in net profit in Q4FY23, revenue up 7%

Adani Wilmar Q4 results: In the year ended March 31, 2023, the company's net profit fell 28% to Rs 582 crore as compared to Rs 804 crore in FY22

Gravita India hits 52-week high; up 11% on huge volume day after Q4 results

A combined 2.2 million equity shares representing 3.1 per cent of total equity of Gravita India had changed hands in intra-day deals on the NSE and BSE.

Price hikes to favor Hero Moto's Q4 revenues; margins may expand: Analysts

At the bourses, shares of Hero MotoCorp have declined over 8 per cent so far this calendar year (CY23), as against 0.8 per cent rise in the S&P BSE Sensex