Page 145 - Latest Updates on Q4 Results

ITC Q4 preview: Single-digit revenue growth seen; PAT may dip up to 7% YoY

Brokerage JM Financial expects PAT to decline 6.4 per cent YoY to Rs 3,554.9 crore during the quarter ended March 2021

NBFC Magma Fincorp net loss widens to Rs 648 crore in March quarter

The company had posted net loss of Rs 355.08 crore during the January-March period of FY20

Bank of Baroda tanks 5% post Q4 results but analysts see up to 55% upside

While risk from the second wave of Covid-19 remains for its retail book, the corporate cycle is clearly turning, and hence BoB will also benefit from this trend, says CLSA

Transport Corporation surges 62% in four days on strong Q4 results

The management expects a pickup in surface freight activity from H2 onwards (near festive season)

Bank of Baroda shares decline nearly 6% after disappointing Q4 result

Shares of Bank of Baroda on Monday declined nearly 6 per cent after the company reported a standalone net loss of Rs 1,047 crore in the quarter ended March 31, 2021

Divi's Laboratories shares jump 4% after robust Jan quarter earnings

Shares of Divi's Laboratories on Monday gained 4 per cent after the company reported a 29.30 per cent rise in its consolidated net profit for the quarter ended March 31, 2021

M&M slips 7% as firm expects slower tractor sales growth in FY22

While growth in tractors is slowing down after robust growth in FY21, M&M's auto segment is expected to see strong momentum in both LCVs and SUVs, brokerage MOSL said

Divi's Labs gains 3%, hits new high on strong March quarter results

The board has recommended a dividend of Rs 20 (i.e. 1,000 per cent) per equity share of face value Rs 2 each for the financial year 2020-21

BoB posts Q4 net loss of Rs 1,047 cr due to rise in tax provisions

Excluding the impact of change in tax regime, the bank would have reported profit after tax of Rs 2,267 crore in Q4FY21

Divi's Labs Q4 net profit jumps 29% at Rs 502 crore on robust sales

Drug firm Divi's Laboratories on Saturday reported a 29.30 percent rise in its consolidated net profit to Rs 502.02 crore for the quarter ended March 31, 2021, on account of robust sales

BoB reports net loss of Rs 1,046 cr in Q4, to raise additional Rs 5,000 cr

The Bank's gross non-performing assets (NPAs) rose sequentially to 8.87 per cent in Q4FY21

Divi's Lab Q4 net profit rises 25% to Rs 488 cr, aided by low base

However, the company's earnings showed strong traction in 2020-21 due to a surge in demand for bulk drugs caused by the pandemic

Cloud gaming platform OnMobile Global posts Q4 EBITDA at Rs 15 crore

Cloud gaming platform OnMobile Global clocked 28 per cent growth in earnings before interest, taxes, depreciation and amortisation (EBITDA) at Rs 15 crore in the January to March quarter as compared to Rs 12 crore in the same period of previous fiscal.Cost rationalisation efforts and optimum marketing investments helped the company reduce manpower cost and marketing cost which resulted in the growth.Operating profits grew by 47 per cent to Rs 13 crore in Q4 FY21 but profit after tax cracked 16 per cent to Rs 15 crore.Revenues witnessed a drop of 9.7 per cent to Rs 137 crore from Rs 152 crore in Q4 FY20 -- mainly due to low collections from Europe and Middle East & Africa.As on March 31, the company said it had total assets worth Rs 899 crore as compared to Rs 881 crore in previous year.OnMobile provides end-to-end mobile entertainment solutions that include platform, apps, content partnerships and professional services to carriers across the globe.

M&M Q4 results: Impairment charge shrinks net profit to Rs 162 crore

Revenues beat estimates, company chalks out a Rs 17K crore plan to aid growth

Indian Bank posts Q4 profit of Rs 1,709 cr versus Rs 1,641 cr year-ago loss

May visit market to raise equity capital

Max Healthcare profit after tax up 31% to Rs 70 crore in March quarter

Max Healthcare on Friday reported 31.11 per cent rise in consolidated profit after tax (PAT) at Rs 69.69 crore for the quarter ended March 31, 2021. The company had posted a PAT of Rs 53.15 crore for the corresponding period of the previous fiscal year, Max Healthcare Institute said in a filing to BSE. Revenue from operations stood at Rs 801.86 crore for the quarter under review. It was Rs 247.86 crore in the same period a year ago, it added. For the fiscal year ended March this year, the company posted a loss of Rs 137.55 crore as against a PAT of Rs 58.99 crore in 2019-20, the filing said. Revenue from operations stood at Rs 2,504.67 crore in the last fiscal year. It was Rs 1,059.03 crore in 2019-20, it added. Net debt during the quarter reduced by Rs 1,323 crore to Rs 544 crore on account of net proceeds of QIP and cash flow from operations, Max Healthcare said. "With ample room to scale up existing occupancies and improved international revenue share post abatement of the se

City Union Bank reports net profit of Rs 111 cr in March quarter

Private sector City Union Bank on Friday reported a net profit of Rs 111.18 crore in the last quarter ended March 2021. There was a net loss of Rs 95.30 crore in the same quarter of 2019-20. Total income during Q4 FY21 was down at Rs 1,121.43 crore as against Rs 1,220.98 crore in the same quarter a year ago, City Union Bank said in a regulatory filing. On a full-year basis, there was a rise of 24.45 per cent in its net profit during 2020-21 at Rs 592.82 crore as against Rs 476.32 crore in FY'20. Income during the year 2020-21, however, fell a tad at Rs 4,839.45 crore from Rs 4,848.55 crore in the preceding fiscal. Provisions for bad loans and contingencies for the reported quarter were down at Rs 173.52 crore from Rs 430.38 crore put aside for the year-ago period. For the full year, provisions were up at Rs 891.02 crore as against Rs 865.08 crore. Gross non-performing assets of the bank stood at 5.11 per cent of gross advances by the end of March 2021, equivalent to Rs 1,893 ...

Sundaram Finance records 59.5% jump to Rs 209 cr in Q4 profit after tax

Non-Banking Finance Company Sundaram Finance Ltd has reported a 59.5 per cent jump on its fourth quarter Profit After Tax at Rs 209 crore.

M&M expects chip crunch going forward, pandemic to hurt first quarter

Apart from the chip shortage triggered by factors including pandemic-driven supply-chain disruptions, the Indian auto industry is under pressure from a severe second wave of Covid-19 infections

Deepak Fertilisers posts over five-fold jump in Q4 profit at Rs 116 cr

Net income rose to Rs 1,580.79 crore in the fourth quarter of 2020-21 from Rs 1,307.13 crore in the year-ago period