Page 53 - Latest Updates on Q4 Results

Power Mech Projects Q4 results: Net profit rises 13% to Rs 84 crore

Power Mech Projects Ltd on Monday reported a 13 per cent rise in consolidated net profit to Rs 84.41 crore for the March quarter on account of higher income. It had clocked Rs 74.57 crore profit after tax (PAT) in the year-ago period, the company said in an exchange. The company's total income rose to Rs 1,311.86 crore, from Rs 1,183.20 crore in January-March FY23. During the period under review, its expenses stood at Rs 1,189.69 crore, as against Rs 1,070.49 crore a year ago. The board of the company also approved a final dividend of Rs 2 per share for FY24. Hyderabad-based Power Mech Projects Ltd is into the power and infrastructure sectors.

Oil India Q4 results: Net profit rises 18%, 1:2 bonus share announced

The Oil India board has recommended an issue of bonus shares in a 1:2 ratio, subject to the approval of shareholders

Global Health Q4 result: PAT up 25% at Rs 127 cr, total income at Rs 836 cr

Global Health, which operates hospitals under the Medanta brand, has reported a 25 per cent increase in its consolidated profit after tax at Rs 127 crore for the March 2024 quarter. The healthcare provider had posted a profit after tax of Rs 102 crore in the January-March quarter of the previous fiscal. Total income rose to Rs 836 crore for the fourth quarter as compared with Rs 732 crore in the year-ago period, Global Health said in a statement on Saturday. For the year ended on March 31, 2024, the company said its net profit increased to Rs 478 crore as against Rs 326 crore in FY23. Total revenue rose to Rs 3,350 crore last fiscal from Rs 2,759 crore in 2022-23 fiscal. "The continued focus on providing our patients with the highest quality of care has enabled Medanta to deliver strong financial results during the year," Global Health Group CEO and Director Pankaj Sahni said. The company remains dedicated to executing its core strategy and delivering on the upcoming projects, he

India Cements' Q4 results: Loss shrinks to Rs 50.06 cr on improved sales

India Cements Ltd on Monday reported a narrowing of consolidated net loss to Rs 50.06 crore in the fourth quarter ended March 31, 2024, helped by improved sales volume. The company had posted a net loss of Rs 243.77 crore in the same quarter a year ago, India Cements Ltd said in a regulatory filing. Consolidated revenue from operations in the quarter under review was at Rs 1,266.65 crore as against Rs 1,485.73 crore in the corresponding period a year ago. "With the improved sales volume, India Cements Ltd could turn out a better operating performance and pared the losses for the fourth quarter under review," the company said. The cement and clinker volume for the fourth quarter was 24.36 lakh tonne as compared to 27.85 lakh tonne in the same period of the previous year, it added. Together with the profit arising from the sale of land, the company has made a cash profit of Rs.24 crore for the quarter despite the setback caused by the fall in selling prices of cement, the company ..

Q4 results: ONGC, Oil India, SAIL among 83 firms to post earnings today

Q4 FY24 company results: IRFC, Bharat Electronics, India Cements, City Union Bank, and VRL Logistics will are poised to release the financial report for the fourth quarter on May 20

Demand revival

Corporate results show growth momentum continues

Patel Engineering Q4 results: PAT rises 78% to Rs 140 cr on higher revenues

Patel Engineering Ltd on Saturday reported a 78 per cent rise in its consolidated net profit after tax to Rs 140.35 crore for the March 2024 quarter on account of higher revenues. It had posted a Rs 78.83 crore "net profit after tax (PAT) from continuing operations" during the year-ago period, the company said in an exchange filing. The company's revenue from operations also rose by 11 per cent to Rs 1,343.18 crore from Rs 1,205.06 crore in the January-March quarter of the preceding 2022-23 fiscal. Its total order book was Rs 18,663 crore as of March 31, 2024. Its Whole Time Director and CFO Kavita Shirvaikar said, "The company has notched impressive milestones in the last quarter. Our robust financial strides underscore our disciplined cost management ethos and adeptness in capitalising on emergent prospects. Our vision remains bright, fuelled by a buoyant outlook on our company's potential, all while intensifying our fiscal strategies for greater resilience in the market". The .

Anupam Rasayan Q4 results: Net profit declines 44% to Rs 40.46 crore

Chemicals maker Anupam Rasayan India Ltd on Saturday posted a 44.26 per cent fall in its consolidated net profit to Rs 40.46 crore for the fourth quarter of 2023-24 on poor sales. Its net profit stood at Rs 72.63 crore a year earlier. The total income fell to Rs 413 crore in the January-March quarter of 2023-24 compared to Rs 504.2 crore in the year-ago period, a regulatory filing said. For the full fiscal 2023-24, Anupam Rasayan posted a 23 per cent drop in consolidated net profit to Rs 167.4 crore against Rs 216.8 crore in the previous fiscal. The total income declined to Rs 1,505.3 crore from Rs 1,610.4 crore in the said period. Anupam Rasayan Managing Director Anand Desai said the chemical industry, including speciality chemicals, has faced significant headwinds during the last year. However, despite the de-growth in the top line, the company has been able to sustain its profitability and maintain margins at 27 per cent levels on a full-year consolidated basis. "We believe th

Stock Market Special Session Highlights: Sensex, Nifty end flat; Small, MidCap indices gain up to 1%

Stock Market Special Trading Session, Saturday, May 18, 2024: In the broader markets, the BSE MidCap, and the BSE SmallCap indices gained 0.48 per cent and 0.76 per cent, respectively

Defense stocks on a roll; BDL, BEL, HAL, Cochin Shipyard rally 5%

The Government of India's initiatives to make India self-reliant in providing weapon systems to the Indian Armed Forces and clearance for export to FFCs have opened plenty of opportunities for defense

Amber Enterprises stock gains 1% after Q4 net rises 9%

Amber Enterprises stock update: The company's Q4 consolidated net profit grew 9.1 per cent YoY to Rs 108 crore, while revenue rose 7.1 per cent to Rs 3,003 crore in the March 2024 quarter.

Shipping Corporation of India share falls 4% on weak Q4 performance

Shipping Corporation of India's profit dropped 19 per cent to Rs 307 crore in Q4FY24, from 380 crore in Q4FY23

Astral shares crack 5% on sluggish Q4 show; PAT, margins take beating

On Friday, Astral, a manufacturer of PVC pipes and plastic products, posted a decline of 11.7 per cent year-on-year (YoY) in its net profits

Pfizer share surges 3% on strong Q4 performance

The surge came after the company announced its fourth quarter results of financial year 2024 (Q4FY24) results

Kirloskar Ferrous stock hits lower circuit after Q4 net plunges 81%

Kirloskar Ferrous Industries stock update: The counter saw trades of around 2.07 lakh shares as against the 2-week average volume of around 83,000 shares on the BSE.

Shares of Zee Ent zoom over 5% on delivering profits in Q4, rising revenues

Shares of Zee Entertainment soared up to 5.2 per cent at Rs 141.65 per share on the BSE in Saturday's intraday trade. The hike in the stock prices came after the company delivered a turnaround

JSW Steel Q4 results: Profit plunges 64.5% as revenues take a hit

The company also announced the appointment of Swayam Saurabh as the chief financial officer (CFO Designate), who will take over from Rajeev Pai next month

Bandhan Bank Q4 results: Net profit declines 94% to Rs 54.6 crore

The bank said that as a prudent measure and in accordance with its policy, it had technically written off loans amounting to Rs 3,852 crore

JB Pharma Q4 results: Net profit soars 43% to Rs 126 cr, revenue up 13%

For the full year of FY24, JB Pharma posted an 11 per cent Y-o-Y increase in revenue and a 35 per cent increase in PAT, reaching Rs 3,484 crore and Rs 553 crore respectively

Medanta Hospitals Q4 results: Net profit up 25%, revenue rises 14.3%

The hospital operator's revenue from operations rose to Rs 808.6 crore in Q4 FY24, a 14.3 per cent rise from Rs 707 crore in Q4 FY23