Page 57 - Latest Updates on Q4 Results

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.

NIIT Q4 results: PAT at Rs 11 cr; revenue from operations at Rs 74 cr

Skill and talent development company NIIT on Friday reported a consolidated net profit (attributable to owners of the parent company) of Rs 11.16 crore for the quarter ended March 31, 2024. The company had posted a loss of Rs 9.36 crore in the year-ago period, according to a regulatory filing. Revenue from operations in the January-March quarter came in at Rs 74.34 crore, a 23.81 per cent jump from the year-ago period. Despite a continuing freeze in IT sector hiring and compression in spending, the business has exited the year with year-on-year growth in Q4, after starting Q1 with a steep decline, the company said in an investor presentation. Vice Chairman and Managing Director Vijay K Thadani said Q4 was a seasonally weak quarter for the business. Therefore, year-on-year changes are more appropriate for comparison, he said. "The business has responded with agility to the IT hiring freeze with alternate growth strategies which resulted in getting back on the path of growth in Q4,"

Suzlon Energy Q4 results: Net profit declines 21% to Rs 254 crore

Renewable energy solutions provider Suzlon Energy on Friday reported nearly 21 per cent decline in consolidated net profit to Rs 254 crore in the March quarter mainly due to certain exceptional items. The company reported a consolidated net profit of Rs 320 crore in the year-ago period, a BSE filing said. Total income rose to Rs 2,207.43 crore in the quarter from Rs 1,699.96 crore in the same period a year ago. The consolidated net profit in the 2023-24 fiscal year also declined to Rs 660 crore from Rs 2,887 crore a year earlier. Total income in the fiscal rose to Rs 6,567.51 crore from Rs 5,990.16 crore a year ago. The company explained that PAT (profit after tax or net profit before exceptional items) for the March quarter increased 411 per cent to Rs 281 crore on a year-on-year basis. The cumulative orders as on May 24, 2024 are 3.3 GW. This includes the order book as on March 31, 2024 of 2,929 MW, plus orders secured subsequently of 402 MW. "We have been able to create a sol

Ashok Leyland Q4 results: Net profit rises 16.73% to Rs 933.69 crore

Commercial vehicles maker Ashok Leyland on Friday reported a 16.73 per cent increase in consolidated net profit at Rs 933.69 crore in the fourth quarter ended March 31, 2024. The company had posted a net profit of Rs 799.87 crore in the same period of the previous fiscal, Ashok Leyland said in a regulatory filing. Consolidated revenue from operations in the quarter under review stood at Rs 13,577.58 crore as compared to Rs 13,202.55 crore in the year-ago period, it added. Total expenses in the fourth quarter were marginally lower at Rs 12,037.16 crore as compared to Rs 12,085.5 crore in the corresponding period of the previous year. The board of directors of the company, at their meeting held on March 25, 2024, has declared an interim dividend of Rs 4.95 per equity share of Re 1 each, for the year ended March 31, 2024, Ashok Leyland said. For the fiscal ended March 31, 2024, net profit was at Rs 2,696.34 crore as compared to Rs 1,358.82 crore in the previous fiscal. In FY24 ...

Bayer CropScience Q4 results: PAT drops 39.43% to Rs 96 cr on lower income

Bayer CropScience Ltd, the Indian unit of German crop science group Bayer AG, has reported a 39.43 per cent slump in net profit to Rs 96 crore for the fourth quarter of the 2023-24 fiscal, hurt by lower income. The company had posted a net profit of Rs 158.5 crore a year earlier, a statement said. Its total income for the fourth quarter declined about 18 per cent to Rs 821.1 crore from Rs 1,003.2 crore in the year-ago period. For the full year ended March 2024, the net profit dropped 2.33 per cent to Rs 740.5 crore, while total income dipped marginally to Rs 5,184.2 crore from Rs 5,203.6 crore a year ago. "Despite weather challenges and lower reservoir levels affecting crop protection volumes, our performance remained resilient," said its managing director and chief executive officer Simon Wiebusch. While revenue took a hit due to lower prices of its roundup herbicide and inventory management initiatives, the company's corn seeds business continued to grow, Wiebusch added. Pruden

Finolex Cables stock hits record high; zooms 19% on healthy Q4 results

Finolex Cables stock update: The company's board also recommended a dividend of 400% i.e. Rs 8 per share on face value of Rs 2.

JK Lakshmi Cement shares rally 7% on healthy Q4; up 15% in last one year

The surge in JK Lakshmi Cement share was fuelled by robust Q4FY24 results, which came in line with street estimates

Q4 results today: Hindalco and Bosch among 252 firms to post earnings

Company Q4 FY24 results today: Ashok Leyland and Zee Media Corporation are among some of the major companies to release their earnings report for the fourth quarter ending on March 31, 2024

Sundram Fasteners Q4 results: Net profit surges to Rs 134.41 crore

Auto component maker Sundram Fasteners Ltd has reported its highest ever consolidated net profit for the March 2024 quarter at Rs 134.41 crore on account of strong operational performance. The Chennai-based company had registered consolidated net profit of Rs 127.47 crore, during the corresponding quarter of last year. For the year ending March 31, 2024 the net profit surged to Rs 525.64 crore, as compared to Rs 500.35 crore registered a year ago. Total revenue during the quarter under review grew to Rs 1,477.70 crore, as compared to Rs 1,451.46 crore registered in the same period of last year. For the year ending March 31, 2024, the consolidated revenues remained flat at Rs 5,720.47 crore as against Rs 5,707.60 crore registered in the same period of last year. In a statement on Friday, the company said it reported highest ever profit after tax, EBITDA for the financial year ending March 31, 2024. The Earnings Before Interest, Depreciation and taxes for the year ending March 31, 202

Stock market guide for May 24: Gift Nifty down 50 pts as global shares slip

All you need to know before the market opens on Friday: Dow Jones tumbled 1.5 per cent last night as fears of delayed Fed rate cut resurfaced; Asian markets down around 1 per cent.

IndiGo Q4 results: Net profit doubles amid high demand for air travel

Set to offer business class by end of this year

Mamaearth Q4 results: Records highest-ever quarterly profit at Rs 30.5 cr

The company's consolidated revenue from operations grew 21 per cent year-on-year (Y-o-Y) to Rs 471.1 crore in Q4, up from Rs 387.9 crore a year ago and Rs 488.2 crore in Q3 FY24

ITC Q4 results: Net profit down 1.06% to Rs 5,121 cr, revenue increases

The heavy-lifting cigarettes segment clocked a 7.5 per cent Y-o-Y growth in revenue at Rs 8,688.92 crore in Q4 FY24

Fortis Healthcare Q4 results: Net profits up 46.9%, revenue rises 8.7%

The company's revenue from operations rose to Rs 1,786 crore in Q4 FY24, an 8.7 per cent Y-o-Y rise from Rs 1,643 crore reported in Q4 FY23

ICRA Q4 results: Net profit up 21.8% to Rs 47 cr, total revenue rises 13.7%

For financial year FY24, its consolidated net profit rose to Rs 152.24 crore up from Rs 136.72 crore in FY23