Page 47 - Latest Updates on Q4 Results

Gensol Engineering Ltd Q4 results: Net profit jumps three-fold to 20 cr

Gensol Engineering Ltd on Tuesday reported a nearly three-fold jump in its consolidated net profit to Rs 20 crore during the March 2024 quarter, on account of higher revenue. It had posted a profit after tax (PAT) of Rs 7 crore in the year-ago period, the company said in a regulatory filing. The company's total revenue also rose to Rs 412 crore in the January-March period as against Rs 167 crore a year ago. As of March 2024, the company said it had an order book of Rs 1,783 crore, of which Rs 1,448 crore worth of orders are from the solar segment. "We continue to take strategic bets like Scorpius Trackers's acquisition, Middle East entry, BESS (battery energy storage system) and we continue to expand into segments such as EV leasing and EV manufacturing," Anmol Singh Jaggi, Managing Director of Gensol Engineering, said. The company is a part of the Gensol group of companies which offers EPC services for the development of solar power plants.

Brigade Q4 results: Profit up 234%, revenue rises 102% on strong demand

In FY24, Brigade launched 5.26 million square feet in the residential sector and 0.94 million square feet in the commercial sector

Jagran Prakashan Q4 results: Profit down 74% at Rs 6 cr, revenue up 10.9%

Jagran Prakashan Ltd, the publisher of Hindi daily Dainik Jagran, on Tuesday reported a 74.1 per cent decline in its consolidated net profit to Rs 6.02 crore for the fourth quarter ended on March 31, 2024. The company had posted a net profit of Rs 23.27 crore in the January-March quarter a year ago, according to a regulatory filing from Jagran Prakashan Ltd (JPL). However, its revenue from operations was up 10.9 per cent to Rs 509.64 crore during the quarter under review. It was at Rs 459.38 crore in the corresponding quarter a year ago. JPL's total expenses stood at Rs 521.25 crore, up 7.05 per cent in the March quarter of FY 24. Its revenue from printing, publishing and digital was Rs 404.83 crore. Revenue from FM radio business was at Rs 62.63 crore in the March quarter. Total income of JPL, which includes other income, was up 4.15 per cent in the March quarter to Rs 533.54 crore. For the financial year, which ended on March 31, 2024, JPL's net profit was down 16.2 per cent t

TVS Supply Chain Solutions reports net profit at Rs 5.4 crore in Q4

The company posted a 4.5 per cent year-on-year increase in revenue from operations to Rs 2,426 crore during the quarter ended March 31, 2024, as against Rs 2,321 crore in the same period last year

3M India Q4 results: PAT increases 27% to 173 cr, revenue up by 19%

Shares of the company, which makes everything from 'Scotch' tape and 'Post-it' notes to power tools and medical products, rose as much as 11.8% to 34,599 rupees, their highest in nearly four months

TVS Supply Chain Solutions Q4 results: Consolidated PAT at Rs 5.38 cr

TVS Supply Chain Solutions Ltd has reported a consolidated profit after tax of Rs 5.38 crore for the quarter January-March 2024. The city-based integrated supply chain solutions company registered a consolidated net loss of Rs 12.35 crore in the corresponding quarter last year. The company has recorded a consolidated net loss of Rs 90.49 crore for the year ending March 31, 2024 whereas last year it made a net profit of Rs 41.76 crore. The total income for the quarter under review on a consolidated basis grew to Rs 2,433.06 crore from Rs 2,332.53 crore in the same quarter last year. For the year ending March 31, 2024, the consolidated total income marginally fell to Rs 9,254.83 crore from Rs 10,070.01 crore a year ago. In a statement on Tuesday, the company said the integrated supply chain solutions segment reported a quarterly revenue of Rs 1,379.5 crore and contributed growth of 8.4 per cent, quarter-on-quarter, and 9.9 per cent, year-on-year. This growth was driven by a combina

RITES Q4FY24 results: Net profit marginally declines to Rs 137 crore

State-owned RITES Ltd on Tuesday reported a marginal fall of 1.59 per cent in its consolidated net profit to Rs 136.67 crore for the March quarter on account of fall in revenues. It had posted a profit of Rs 138.89 crore for the year-ago period, the company said in an exchange filing. The company's total income fell to Rs 667.68 crore in the January-March period from Rs 705.63 crore in the same period a year ago. Its expenses were at Rs 483.32 crore, down from Rs 514.17 crore in January-March FY23. The board of the company has declared a dividend of Rs 5 for the financial year 2023-24. RITES, under the Ministry of Railways, is a multidisciplinary engineering and consultancy organisation, providing a comprehensive range of services from concept to commissioning in all facets of transport infrastructure and related technologies.

Goodyear India falls 6% on weak Q4 results; Rs 15 dividend announced

Goodyear India's net loss stood at Rs 4.2 crore in the March quarter of financial year 2024 (Q4FY24), as opposed to net profit of Rs 33.6 crore in the same quarter a year ago (Q4FY23)

Natco Pharma stock surges 8%, hits new 52-week high on strong Q4 show

On Monday, Natco Pharma reported a 40.1 per cent year-on-year (YoY) surge in net profit, totaling Rs 386.3 crore in Q4FY23, up from Rs 275.8 crore

Aurobindo Pharma stock news: Analysts are bullish despite OAI to Eugia unit

Analysts say that despite OAI on Eugia unit-III, Aurobindo Pharma's Vizag facility may play a back up for unit-III and for new ANDA filings contributing to growth in FY26

NMDC falls 2% on weak Q4 performance; Rs 7.25 dividend announced in FY24

The state-owned company's profit plunged 37.8 per cent to Rs 1,412.7 crore in the March quarter of financial year 2024 (Q4FY24), from Rs 2,271.5 crore in Q4FY23

Jubilant Industries locks in 5% upper circuit amidst agri biz demerger plan

Jubilant Industries saw a 128 per cent increase in its net profit, amounting to Rs 22 crore in Q4FY24 from Rs 9.7 crore year-on-year

Q4 results today: IRCTC and NBCC India among 371 firms to post earnings

Q4FY24 company results: IIFL Finance has delayed its earnings announcement beyond May 30, due to a special audit by the RBI

IRCTC Q4 results: Stock slips 2% ahead of nos; up 19% in last three months

IRCTC's revenue from operations increased 21.8 per cent to Rs 1,118.3 crore in Q3FY24, compared to Rs 918.06 crore in Q3FY23

LIC Q4 results: Net profit rises 2.5%, dividend declared at Rs 6 per share

The government who is the largest shareholder in the company will get a dividend of Rs 3,662 crore

NMDC Q4 results: Net profit falls 38% to Rs 1,416 crore on higher expenses

State-owned iron ore miner NMDC on Monday reported a 38 per cent fall in its consolidated net profit to Rs 1,415.62 crore for the March quarter on account of increased expenses. It had posted a profit of Rs 2,276.94 crore for the year-ago period, the company said in an exchange filing. The company's total income rose to Rs 6,908.37 crore in the January-March period from Rs 5,842.52 crore in the same period a year ago. Its expenses surged to Rs 4,519.64 crore from Rs 3,794.18 crore in January-March FY23. For the whole FY24 fiscal, the company's profit was at Rs 5,571.25 crore, higher than Rs 5,537.72 crore in 2022-23. Hyderabad-based NMDC is India's largest iron ore mining company catering to the country's around 20 per cent of the steel-making raw material.

Valuations may offset Q4 show, growth outlook for Divi's Laboratories

The company delivered a strong revenue and operating performance in the March quarter

Dish TV Q4 results: Net loss widens to Rs 1,990 cr, revenue declines 19%

Direct-to-home broadcast service provider Dish TV India on Monday said its consolidated net loss widened to Rs 1,989.69 crore in March 2024 quarter due to impairment of investments in OTT business Watcho as well as property, plant and equipment. The company had reported a net loss of Rs 1,710.62 crore in the January-March quarter a year ago, according to a regulatory filing. Its revenue from operations was down 19.38 per cent to Rs 406.95 crore during the quarter under review as against Rs 504.82 crore in the corresponding quarter. According to Dish TV, it had an exceptional item expenses of Rs 402.69 crore in the March quarter and its loss before exceptional items and tax was at Rs 14.24 crore. "Exceptional items of Rs 402.7 crore for the quarter and fiscal ended March 2024 in consolidated financial results include Rs 301.7 crore as impairment of intangible assets under development (for Watcho) and Rs 101 crore as impairment of property, plant and equipment," said Dish TV in a ...

Nalco Q4 results: PAT rises two-fold to Rs 996.7 cr on lower expenses

State-owned Nalco on Monday reported two-fold rise in consolidated profit to Rs 996.74 crore for the March quarter on the back of lower expenses. The company had posted a consolidated profit of Rs 495 crore in the March quarter of FY23, National Aluminium Company Ltd (Nalco) said in a filing to the BSE. However, the consolidated total income during the quarter dropped to Rs 3,663.09 crore from Rs 3,726.76 crore in the year-ago period. The expenses of the company in the fourth quarter of FY24 dropped to Rs 2,720.42 crore from Rs 3,160.50 crore a year earlier. Nalco is a Navratna PSU under the ministry of mines. It is one of the largest integrated bauxite-alumina-aluminium-power complex in the country. The company has formed a JV company -- Angul Aluminium Park Pvt Ltd' (AAPPL) -- with Odisha Industrial Infrastructure Development Corporation (IDCO) to give a boost to ancillary, upstream and downstream products related to the aluminium industry.

LIC Q4 results: PAT rises 2% to Rs 13,763 cr, total income at Rs 2.5 trn

Insurance behemoth LIC on Monday posted a marginal 2 per cent increase in net profit at Rs 13,763 crore in the fourth quarter ended March 2024. The insurer had earned a profit of Rs 13,428 crore in the corresponding quarter a year earlier. The total income of the insurer during the reporting quarter rose to Rs 2,50,923 crore from Rs 2,00,185 crore in the same period of the previous fiscal, LIC said in a regulatory filing. LIC's income from first-year premium also improved to Rs 13,810 crore in the latest January-March quarter against Rs 12,811 crore in the same period of preceding fiscal. The income from renewal premiums in the reporting period rose to Rs 77,368 crore compared to Rs 76,009 crore a year ago. During the entire financial year ended March 2024, the insurer earned a profit of Rs 40,676 crore as compared to Rs 36,397 crore in the previous fiscal.