Page 46 - Latest Updates on Q4 Results

Tata Steel Q4FY24 results: Net profit drops 64.1% to Rs 611.48 cr

Consolidated revenue from operations at Rs 58,687.31 crore was down by 6.8 per cent Y-o-Y. The Bloomberg consensus estimate for revenue was Rs 58,375.1 crore and net income Rs 928 crore

EIH Q4 results: Consolidated net profit more than doubles to Rs 247.6 cr

Hospitality major EIH Ltd on Wednesday reported more than two-fold increase in consolidated net profit to Rs 247.6 crore for the March quarter, driven by higher revenue. The company, which owns and operates hotels and resorts under the Oberoi and Trident brands, had posted a consolidated net profit Rs 92.16 crore a year ago, a regulatory filing showed. During the quarter under review, its total income rose 17.6 per cent to Rs 781 crore, against Rs 663.86 crore in the corresponding January-March period of the previous year. For the full financial year 2023-24, EIH Ltd's net profit more than doubled to Rs 677.7 crore, as against Rs 329.1 crore in the previous fiscal. The company's total income during FY24 grew 25.3 per cent to Rs 2,626 crore, from Rs 2,096.4 crore a year ago.

RHI Magnesita India Q4 results: Net loss narrows to Rs 258.89 crore

RHI Magnesita India on Wednesday reported narrowing of its consolidated loss to Rs 257.89 crore during the March 2024 quarter. It had reported a loss of Rs 678.90 crore during the year-ago period, the company said in a regulatory filing. Its total income rose to Rs 947.47 crore as against Rs 881.29 crore in the January-March period of FY23. During the quarter under review, the company trimmed its expenses to Rs 852.72 crore from Rs 903.85 crore a year ago. In a separate statement, Parmod Sagar, its Managing Director and Chief Executive Officer, said, "We have enhanced our operational efficiencies, driving remarkable and sustained growth. Our EBITDA and revenue saw substantial year-on-year growth of 49 per cent and 39 per cent, respectively. "Our rigorous cost optimization initiatives have led to outstanding year-on-year margin improvements this quarter," Sagar added. RHI Magnesita India Ltd is a leading supplier of high-grade refractory products used by major industries, includin

Bata Q4 results: Net profit declines 3% to Rs 63.65 cr as expenses surge

The company, which also sells brands such as Hush Puppies and North Star in India, said its consolidated profit fell to Rs 63.65 crore ($7.6 million)in the three months ended March 31

Tata Steel Q4 results: Net profit falls 64% to Rs 611 crore on lower prices

The country's second biggest steelmaker by market cap said its consolidated net profit fell 64% to Rs 611 crore ($73.3 million) in the three months to March 31

Emami Q4 results: Net profit rises 3.6% to 146.75 cr, revenue up 6.6%

Homegrown FMCG major Emami Ltd on Wednesday reported an increase of 3.62 per cent in its Profit After Tax (PAT) to Rs 146.75 crore for the fourth quarter that ended on March 31, 2024. The company's PAT for the same quarter of the previous fiscal stood at Rs 141.62 crore, according to a company regulatory filing. Emami's revenue from operations for the quarter under review was Rs 891.24 crore, up 6.61 per cent from Rs 835.95 crore in the same quarter last year. "The Company achieved volume-led profit growth in the fourth quarter, said an earning statement from Emami. Its EBIDTA stood at Rs 211 crore grew by 6 per cent, the FMCG firm said. Emami's total expenses were Rs 680.26 crore, up 7 per cent in the March quarter of FY24. Its domestic business grew 8 per cent registering a volume growth of 6.4 per cent, it said. "Major brands like BoroPlus, Pain Management range, Healthcare range, 7 Oils in One, The Man Company and Brillare performed strongly during the quarter, said ...

SJVN Q4 results: Consolidated net profit jump two-fold to Rs 61.08 crore

State-owned SJVN has reported over two-fold jump in consolidated profit to Rs 61.08 crore during the March quarter, on account of exceptional gains. The company reported a consolidated net profit of Rs 17.21 crore in the year-ago period, a BSE filing showed. The financial results of the company showed an exception gains of Rs 103.84 crore during the quarter. However, total income of the company dipped to Rs 573.23 crore in the quarter from Rs 582.78 crore in the same period a year ago. The consolidated net profit of the company in 2023-24 was at Rs 911.44 crore from Rs 1,359.30 crore in year ago. Total income in the fiscal also increased to Rs 2,876.96 crore from Rs 3,282.50 crore in 2022-23. The board of directors also approved a final dividend of Rs 0.65 per equity share for the 2023-24 fiscal year, subject to the approval of shareholders in the ensuing annual general meeting. The final dividend is in addition to the interim dividend of Rs 1.15 per equity share for FY24 declar

Samvardhana Motherson Q4 results: Net profit jumps 2-fold to Rs 1,444 cr

Auto components maker Samvardhana Motherson International Ltd on Wednesday posted a two-fold jump in consolidated net profit to Rs 1,444 crore for the fourth quarter ended March 2024. The company had reported a net profit of Rs 699 crore in the January-March period of the last fiscal. Total revenue from operations rose to Rs 27,058 crore for the period under review as compared to Rs 22,517 crore in the last quarter of FY23. For the year ended on March 31, 2024, the company reported a net profit of Rs 3,020 crore as against Rs 1,670 crore in FY23. Total revenue from operations rose to Rs 98,692 crore in FY24 over Rs 78,788 crore in FY23. Motherson Chairman Vivek Chaand Sehgal said the company has maintained a healthy financial position by keeping leverage and debt under control. "Our automotive booked business of over USD 83.9 bn provides strong revenue visibility. We also foresee good traction from our non-automotive businesses, such as aerospace, consumer electronics, and health

Omaxe Q4 results: Net loss at Rs 145 cr, income up 82% at Rs 542 cr

Realty firm Omaxe Ltd has posted a consolidated net loss of Rs 145.05 crore in the quarter ended March 2024 despite rise in income. The company had posted a net loss of Rs 105.47 crore in the year-ago period. Total income rose 82 per cent to Rs 542.32 crore in the fourth quarter of last fiscal from Rs 298.17 crore in the corresponding period of the previous year, according to a regulatory filing. During 2023-24, Omaxe posted a net loss of Rs 402.60 crore as against a net loss of Rs 347.91 crore in the preceding year. Total income more than doubled to Rs 1,634.88 crore in the last fiscal from Rs 798.01 crore in 2022-23 fiscal. Omaxe is one of the leading real estate developers in North India.

Jubilant Pharmova Q4 results: Consolidated net loss narrows to Rs 5.86 cr

Revenue from segments that make copycat drugs and medicines used for allergy immunotherapy rose 0.8% and 14%, respectively, during the quarter

Aster DM Healthcare Q4 results: Net loss at Rs 2.17 cr, revenue up 22%

Aster DM has appointed Alisha Moopen as the deputy managing director for a term of 5 years with effect from August 07, 2024

Prestige Estates Q4 result: Profit falls 70% to Rs 140 cr on lower income

Prestige Estates Projects has posted 70 per cent decline in consolidated net profit at Rs 140 crore for the quarter ended March 2024 on lower income. Its net profit stood at Rs 468.4 crore in the year-ago period. Total income fell to Rs 2,232.5 crore in the quarter from Rs 2,938 crore in January-March FY23, according to a regulatory filing late Tuesday. During 2023-24 fiscal year, net profit rose to Rs 1,374.1 crore from Rs 941.8 crore in the preceding year. Total income increased to Rs 9,425.3 crore from Rs 8,772 crore in 2022-23. Prestige Estates is one of the leading real estate developers in the country. It has a significant presence in South India. The company has entered into Mumbai and Delhi-NCR markets.

TCPL Packaging stock zooms 8% post Q4 earnings; margins improve YoY

TCPL Packaging PAT was registered at Rs 37.7 crore in Q4FY24 as against Rs 35.7 crore in Q3FY24, a rise of 6 per cent YoY

Defence manufacturer MTAR Technologies shares sink 16%; here's why

On Tuesday, the company posted its Q4FY24 results. Revenue from operations surged 21.1 per cent year on year and stood at Rs 143.0 crore in Q4FY24 as against Rs 118.4 crore

Q4 results today: Tata Steel and Emami among 566 firms to post earnings

Q4FY24 company results: Alkem Laboratories, Heritage Foods, Aadhar Housing Finance, and Mazagon Dock Shipbuilder will be releasing their fourth-quarter report on May 29

ABFRL Q4 results: Net loss at Rs 266.35 crore, revenue at Rs 3,406.65 cr

Aditya Birla Fashion and Retail Ltd has reported a consolidated net loss of Rs 266.35 crore for the fourth quarter ended March 2024. The company had posted a net loss of Rs 194.54 crore during the January-March quarter a year ago, according to a regulatory filing from Aditya Birla Fashion and Retail Ltd (ABFRL). Its revenue from operations was at Rs 3,406.65 during the quarter under review against Rs 2,879.73 crore in the year-ago period. According to the Aditya Birla group firm, the consolidated financial results for the quarter that ended March 31, 2024, are "not comparable with previous quarters" pursuant to the acquisition of TCNS Clothing and Styleverse Lifestyle. Its total expenses were at Rs 3,813.87 crore in the March quarter. The established businesses continue to navigate market headwinds while maintaining a sharp focus on profitability enhancement, said ABFRL in an earning statement. Its revenue from the 'Madura Fashion & Lifestyle' segment was at Rs 1,861.75 crore. ..

Wockhardt Q4 results: Net loss at Rs 177 cr, revenue rises to Rs 700 cr

Drug firm Wockhardt on Tuesday reported a consolidated net loss of Rs 177 crore for the fourth quarter ended March 31, 2024. The company had reported a net loss of Rs 237 crore in the January-March quarter of 2022-23. Revenue from operations stood at Rs 700 crore for the period under review as compared with Rs 678 crore in the same period of FY23, the Mumbai-based drugmaker said in a regulatory filing. For the year ended March 31, 2024, the company reported a net loss of Rs 472 crore against a net loss of Rs 621 crore in 2022-23 fiscal. Revenue from operations increased to Rs 2,798 crore in FY24 compared with Rs 2,651 crore in FY23. The company said its board approved the re-appointment of Habil Khorakiwala as Executive Chairman for a further term of five years with effect from March 1, 2025, to February 28, 2030. Shares of the company on Tuesday ended 0.49 per cent down at Rs 557.95 apiece on the BSE.

IRCTC Q4 results: Net profit rises 2% to Rs 284 cr, revenue up 19%

The IRCTC board has declared a final dividend of Rs 4 per share of face for the financial year 2023-24

Q4 showing, valuations to keep auto component major Bosch under stress

A weak tractor demand dented growth, even as revenue, operating profit, and adjusted net profit rose 4 per cent, 7 per cent and 42 per cent year-on-year (Y-o-Y)

GIC Re Q4FY24 results: Net profit increases 3% to Rs 2,642.48 crore

For FY24, net profit came in at Rs 6,497.30 crore, up 2.9 per cent over the net profit of Rs 6,312.50 crore recorded in the same period last fiscal