Page 48 - Latest Updates on Q4 Results

Q4 results today: LIC, NMDC, AstraZeneca among 303 firms to post earnings

Q4 FY24 company results: Elgi Equipments, Natco Pharma, Nalco, Goodyear India, and IFB Ind will be releasing their fourth quarter report on May 27

This shipbuilding stock has zoomed 76% in 10 days; at new high post Q4 nos

Cochin Shipyard stock update: The stock hit a new high after the company reported a near 7-fold jump in net profit in Q4FY23 backed by a 114 per cent surge in revenue.

Aurobindo Pharma Q4 results: PAT rises 79.5% to Rs 908 cr, revenue up 14.8%

The increase in PAT is attributed to expansion into the new markets, product launches and stable pricing

Reliance Power Q4 results: Net loss at Rs 397 cr on increased fuel cost

Reliance Power Ltd on Saturday reported a consolidated loss of Rs 397.66 crore during the March quarter, mainly on account of increased cost of fuel consumed. It had posted Rs 321.79 crore profit in the year-ago period, the company said in an exchange filing. The company's total income, however, increased to Rs 2,193.85 crore from Rs 1,853.32 crore a year ago. Among expenses, its cost of fuel consumed increased to Rs 953.67 crore during the quarter from Rs 823.47 crore in the January-March period in 2022-23. For the full fiscal year, the company's losses widened to Rs 2,068.38 crore from Rs 470.77 crore loss in FY23. The board of the company also "approved authorisations of members for issuance of foreign currency convertible bonds (FCCBs) and securities through qualified institutional placement (QIP). These shall be in terms of the applicable rules, regulations, guidelines, and laws, including Securities and Exchange Board of India". Reliance Power has close to 6,000 MW of ...

Affle (India) Q4FY24 results: Net profit jumps 40% YoY to Rs 87 crore

Affle (India) Ltd Q4 results: The company's revenue from operations increased by 42.26% to Rs 506.22 crore in Q4, compared to Rs 355.82 crore reported in the year before

Hindalco Industries Q4 results: Net profit jumps 32% on improved margins

Wins a copper mine in auctions, scouts for nickel, lignite cobalt in India auctions.

United Spirits Q4 results: Net profit rises over two-fold to Rs 241 crore

The company had posted a net profit of Rs 102 crore in the year-ago period, United Spirits Ltd (USL) said in a regulatory filing

India Grid Trust Q4 results: Net profit declines 57% to Rs 58 crore

India Grid Trust on Friday reported a 57 per cent fall in consolidated profit to Rs 58.4 crore for the March 2024 quarter, dragged by higher expenses. It had clocked Rs 137.1 crore profit in the year-ago period, the company said in an exchange. The company's total income rose to Rs 824.2 crore from Rs 624.8 crore in January-March FY23. During the period under review, its expenses stood at Rs 758.1 crore against Rs 500.5 crore a year ago. The company's board also announced "Q4 FY24 distribution of Rs 3.55 per unit comprising Rs 2.7361 per unit in the form of interest, Rs 0.8139 per unit in the form of dividend. The record date for this distribution will be May 30, 2024, and payment will be made on or before June 8, 2024". For the full year, the company reported a profit of Rs 296.4 crore from Rs 465.7 crore a year ago. In a separate statement, Harsh Shah, Chief Executive Officer, and Whole Time Director of IndiGrid, said, "FY24 has been a transformational year for us. We have not

Hindustan Copper Q4 results: Net profit increases 6% to Rs 124 crore

State-owned Hindustan Copper Ltd on Friday reported a 6 per cent drop in consolidated net profit to Rs 124.33 crore for the March quarter. The company had posted a consolidated net profit of Rs 132.31 crore in the year-ago period. The consolidated income during the January-March period dropped to Rs 585.22 crore over Rs 611.37 crore in the year-ago period. "The company has achieved a profit before tax of Rs 183.29 crore in the quarter ended March 2024, which is a whopping 123 per cent higher than the immediately preceding quarter," Hindustan Copper said in a statement. "The board has recommended a dividend of 30.11 per cent of PAT for 2023-2024. The payout on this account is estimated to be Rs 88.97 crore to the shareholders of the company," it said.

Indiabulls Housing Finance Q4 results: Net profit up 21% at Rs 319 crore

Indiabulls Housing Finance Ltd on Friday posted a 21 per cent rise in consolidated net profit to Rs 319 crore for the March quarter. The mortagage firm had reported a net profit of Rs 263 crore in the year-ago period. Its revenue from operations rose to Rs 2,205 crore for the March quarter as compared to Rs 2,075 crore in the year-ago period, Indiabulls Housing Finance said in a regulatory filing. Total income of the company rose to Rs 2,255 crore as compared to Rs 2,077 crore in the same quarter a year ago. With regard to asset quality, the company's gross non-performing assets (NPAs) declined to 2.69 per cent at the end of March 2024 against 2.85 per cent a year ago. Net non-performing assets (NPAs), too, moderated to 1.52 per cent from 1.89 per cent of the total advances in the previous year.

Wanbury Q4FY24 results: Net profit rises 696% to Rs 8.3 crore

The company registered a 15% growth in revenue and four-fold jump in its net profits on (Y-o-Y) basis

Torrent Pharma Q4FY24 results: Net profit up 57%, revenue rises 10%

At an operational level, Torrent Pharma's earnings before interest, tax, depreciation and amortisation (Ebitda) increased by 21 per cent to Rs 883 crore

Torrent Pharma Q4 results: Net profit increases 56.45% to Rs 449 crore

Torrent Pharmaceuticals Ltd on Friday reported a 56.45 per cent jump in consolidated net profit to Rs 449 crore in the March quarter, riding on higher revenue. The company had posted a consolidated net profit of Rs 287 crore in the same period of the previous fiscal, Torrent Pharmaceuticals said in a regulatory filing. Consolidated revenue from operations in the fourth quarter of FY24 stood at Rs 2,745 crore as against Rs 2,491 crore in the year-ago period, it added. India revenue was at Rs 1,380 crore, up 10 per cent while the same for Brazil was at Rs 372 crore, registering a growth of 17 per cent, and Germany was at Rs 280 crore, up 11 per cent in the quarter, the company said. On the other hand, US business revenue was at Rs 262 crore, down 6 per cent, it added. Total expenses in the quarter under review was higher at Rs 2,145 crore as compared to Rs 2,067 crore in the same period a year ago. Torrent Pharma said its board has recommended a final dividend of Rs 6 per equity sh

Cochin Shipyard Q4 results: Net profit rises multi-fold to Rs 259 crore

State-owned Cochin Shipyard Ltd on Friday reported multi-fold growth in its consolidated net profit to Rs 258.88 crore for the March 2024 quarter on account of higher income. It had clocked Rs 39.33 crore profit in the year-ago period, the company said in a regulatory filing. The company's total income rose to Rs 1,366.16 crore from Rs 671.32 crore in January-March FY23. The board of the company also approved a final dividend of Rs 2.25 per share for FY24. Cochin Shipyard is one of the leading shipbuilding and repair yards in India. It also has an exclusive area set for offshore construction and future expansion. The company earned a revenue of Rs 985.15 crore from the shipbuilding segment against Rs 453.84 crore in Q4 FY23. From ship repairing, it has registered a revenue of Rs 300.89 crore compared to Rs 146.24 crore a year ago. For the full FY24, the company's profit more than doubled to Rs 783.27 crore from Rs 304.70 crore in FY23.

Sun TV Networks Q4 results: Net profit increases 9% to Rs 414.9 crore

Sun TV Networks Ltd on Friday reported a 9.08 per cent increase in consolidated profit after tax (PAT) to Rs 414.94 crore for the March quarter. The company had reported a PAT of Rs 380.40 crore in the January-March period a year ago, according to a BSE filing from Sun TV Network, one of the largest broadcasters. Its revenue from operations was up 14.4 per cent to Rs 961.28 crore during the quarter under review from Rs 840.36 crore in the year-ago period. Sun TV Networks' total expenses were at Rs 548.34 crore, up 29 per cent year-on-year, while the total income was 18.63 per cent higher at Rs 1,098.72 crore. For the financial year ended on March 31, 2024 Sun TV Networks consolidated PAT was up 12.82 per cent to Rs 1,925.80 crore. It was at Rs 1,706.92 crore a year ago. Its revenue from operations in FY24 was up 13.52 per cent to Rs 4,282.10 crore. Sun TV Network operates satellite television channels across six languages -- Tamil, Telugu, Kannada, Malayalam, Bangla, and Marathi,

Karnataka Bank Q4 results: Net profit declines 23% to Rs 274 crore

Karnataka Bank on Friday posted a 23 per cent decline in net profit to Rs 274 crore for the fourth quarter ended March 2024 due to a one-time staff cost increase. The private sector bank had earned a net profit of Rs 354 crore in the same quarter a year ago. The total income increased to Rs 2,620 crore during the quarter under review against Rs 2,365 crore in the same period last year, Karnataka Bank said in a regulatory filing. However, net interest income declined to Rs 834 crore during the period under review from Rs 860 crore in the corresponding quarter a year ago. The bank incurred a one-time staff cost of Rs 152 crore in the fourth quarter relating to enhanced actuarial provisions arising out of wage settlement, it said. On the asset quality side, the bank's gross non-performing assets (NPAs) moderated to 3.53 per cent of gross advances as of March 31, 2024, from 3.74 per cent at the end of March 2023. Net NPAs also declined to 1.58 per cent of the advances from 1.70 per c

EaseMyTrip Q4 results: Net loss at Rs 15 cr, total expenses at Rs 117 cr

Travel booking platform EaseMyTrip on Friday reported a loss of Rs 15.07 crore for the March quarter on a consolidated basis, as against a profit after tax (PAT) of Rs 31.05 crore a year ago. For the full financial year ended March, the company reported a PAT of Rs 103.46 crore down from Rs 134.10 crore in the previous fiscal, the company said in a regulatory filing. Its total income for the fourth quarter of FY24 rose to Rs 172.55 crore, as against Rs 120.79 crore in the year-ago period. However, its total expenses also increased to Rs 117.48 crore in the March quarter, from Rs 76.36 crore a year ago. The company's scrip settled at Rs 44.16, down 2.54 per cent from the previous day's close on the BSE.

Bosch Q4 results: Net profit rises 42% to Rs 564 crore, revenue up 4.2%

Bosch Q4 FY24 results: The board recommended a final dividend of Rs 170 per equity share of Rs 10 each. The final dividend, if declared, will be paid on or after August 13, 2024

Hindalco Q4 results: Net profit rises 31.6% to Rs 3,174 crore, revenue flat

Hindalco Q4 FY24 results: The company's board recommended final dividend of at Rs 3.50 per share for the year ended March 31, 2024

HUDCO Q4 results: PAT rises 9% to Rs 700 cr, total income at Rs 2,194 cr

State-owned HUDCO on Friday reported 9.54 per cent rise in consolidated net profit to Rs 700.16 crore for the quarter ended March 2024. Its net profit stood at Rs 639.14 crore in the year-ago period. Total income rose to Rs 2,194.04 crore in March 2024 quarter from Rs 1,862.41 crore a year ago, according to a regulatory filing. Net profit rose to Rs 2,116.69 crore in 2023-24 financial year from Rs 1,701.43 crore in 2022-23. Total income went up to Rs 7,948.10 crore from Rs 7,086.18 crore. The company's board also recommended a final dividend of Rs 2.65 per equity share of face value of Rs 10 each for 2023-24, subject to approval of shareholders in the ensuing Annual General Meeting (AGM). HUDCO is a policy institution that provides housing finance and non-commercial urban infrastructure financing. It is regulated by the National Housing Bank and is under the administrative control of Ministry of Housing and Urban Affairs.