Page 105 - Latest Updates on Q4 Results

HDFC Life misses Q4 profit view on higher expenses, PAT rises marginally

The Mumbai-based insurer said its standalone profit after tax rose a marginal 0.3% to Rs 359 crore for the quarter ended March 31

L&T Technology Q4 net profit rises 18.1%, dividend of Rs 30/share declared

The tech firm declared a dividend of Rs 30 per share

Sensex rises 170 pts, Nifty tops 17,800; GSFC leaps 20%, MCX crashes 6%

CLOSING BELL: There were 21 gainers of the 30-pack index, and 33 on the 50-pack index, led by Power Grid, Nestle India, Tata Consumer Products, IndusInd Bank, L&T, HCL Tech, Tata Motors, SBI Life, HUL

Poonawalla Fincorp Q4 profit up double at Rs 181 cr, AUM grows 37%

Board recommend dividend payment of 100% per share of face value (Rs 2 each)

Wipro Q4 preview: Soft quarter likely; share buyback, Q1FY24 guidance eyed

Wipro Q4FY23 preview: As per an average of brokerage estimates, the company could report an average of Rs 23,586 crore of revenue, up 12-13.2 per cent year-on-year (YoY)

Maruti Suzuki Q4 net profit up 42.6%; firm declares dividend of Rs 90/share

The automaker also declared a dividend of Rs 90 per share

Price hikes to drive HUL Q4 revenue, ad-spends to dent margin: Analysts

According to brokerages, a sequential expansion in Ebitda margins is expected, amid tapering commodity cost inflation

YouTube's revenue falls as ads slow down for 3rd quarter in a row

The company, however, is seeing growth in Shorts as watch time and monetisation is "progressing nicely"

Microsoft reports $53 bn in sales up 7%, net income up amid AI push

Microsoft Cloud reported revenue of $28.5 billion, up 22 per cent year-over-year, said the company

Mahindra Lifespace's Q4 net profit plunges 99.6% to Rs 0.54 crore

Realty firm Mahindra Lifespace Developers Ltd on Tuesday reported a 99.6 per cent decline in its consolidated net profit at Rs 0.54 crore in the quarter ended March. Its net profit stood at Rs 137.66 crore in the year-ago period. Total income rose to Rs 270.26 crore in the fourth quarter of the last fiscal from Rs 155.02 crore in the corresponding period of the preceding financial year. During the entire 2022-23 fiscal, the net profit declined to Rs 102.83 crore from Rs 161.71 crore in the previous year. Total income rose to Rs 659.56 crore in the last fiscal from Rs 408.24 crore in the 2021-22 fiscal. Mahindra Lifespace, which is real estate arm of Mahindra Group, is one of the leading real estate firms in the country.

Rallis India posts Rs 69.13 crore loss in Q4, revenue from operations rise

Rallis India, a subsidiary of Tata Chemicals, on Tuesday reported a loss of Rs 69.13 crore during the quarter ending March 31. The company had reported a loss of Rs 14.13 crore during the corresponding quarter of 2021-22, Rallis India said in a regulatory filing. Revenue from operations of the company witnessed a growth of 2.97 per cent during the quarter under review at Rs 522.62 crore compared to Rs 507.54 crore in the same period of the previous fiscal. For the entire fiscal year 2022-23, the company witnessed a 45.68 per cent decline in net profit at Rs 91.94 crore compared to Rs 164.27 crore in FY22. Revenue from operations of the company grew by 13.94 per cent to Rs 2,966.97 crore in FY23, compared to Rs 2,603.93 crore in 2021-22. "The company delivered 14 per cent revenue growth over the previous year despite multiple headwinds. Our domestic crop care business grew by 12 per cent and exports by 25 per cent during the year. Exports recorded a revenue of Rs 979 crore in FY23,

PepsiCo reports 'double-digit organic revenue growth' in March qtr in India

Global food and beverages major PepsiCo on Tuesday said its Indian unit delivered a "double-digit organic revenue growth" in the first quarter of 2023. It has reported a double-digit growth in the beverage unit volume in the Indian market, PepsiCo said in its global earnings statement. However, in the convenient foods, unit volume experienced a low-single-digit decline in the Indian market in the quarter ended on March 31, 2023. PepsiCo's net revenue in Africa, Middle East, South Asia (AMESA) division, including India, was up 1.49 per cent to USD 1.01 billion as against USD 1 billion, primarily reflecting effective net pricing, partially offset by an organic volume decline. However, its gross profit in the March quarter was down 6.6 per cent to USD 168 million on account of the impact of higher commodity costs, primarily cooking oil and packaging materials, certain operating cost increases, higher advertising and marketing expenses. "Each of our international divisions reported a

Tata Starbucks revenue crosses the Rs 1,000 crore mark in FY23

During the January-March quarter, Tata Starbucks recorded a revenue growth of 48 per cent

Tata Consumer Products net profit rises 23.5% in January-March quarter

Its revenue was up 14 per cent at 3,618.7 crore during the quarter mainly driven by underlying growth of 15 per cent in India business

Nippon AMC Q4 results: Consolidated net profit rises 13% to Rs 198 crore

Revenues from operations rose 3 per cent during the quarter to Rs 348 crore

Bajaj Auto Q4 results: Revenue up 12%; PAT dips 2% to Rs 1,433 crore

'Export demand sluggishness may have bottomed out'

AU Small Finance Bank reports highest quarterly profit of Rs 425 cr in Q4

AU Small Finance Bank on Tuesday reported its highest ever quarterly profit of Rs 425 crore in March quarter, up 23 per cent year-on-year. The bank's net profit was Rs 346 crore in the year-ago quarter. It's net profit for the full financial year 2022-23 stood at Rs 1,428 crore, up 26 per cent year-on-year, the lender said in a statement. Bank's asset quality improved with gross NPA at 1.66 per cent in March 2023 as against 1.98 per cent in March 2022. Net NPA stood at 0.42 per cent of net advances in March 2023 as against 0.50 per cent in the year-ago period. It further said the net interest margin for 2022-23 was maintained at 6.1 per cent (including assigned/securitised book). Bank's total balance sheet grew by 31 per cent year-on-year to Rs 90,216 crore. Deposits grew by 32 per cent year-on-year to Rs 69,365 crore. "Amidst a difficult market, we have managed to grow our deposit book while keeping our CASA ratio stable and making our deposits more granular and retail. Our ass

AU Small Finance Bank reports net profit of Rs 425 crore in Q4

Net interest income - the difference between interest earned and interest expanded - was Rs 1213 crore for the Q4, up 30% from the same period of the previous financial year

Mahindra CIE Q4 profit rises 73% rise on robust domestic, European demand

The revenue from the India segment rose 13.3% to Rs 1,468 crore

Cement maker Dalmia's Q4 profit more than doubles on low fuel costs

Consolidated net profit rose to Rs 589 crore ($71.90 million) in the quarter ended March 31 from Rs 266 crore a year earlier