Page 60 - Latest Updates on Q4 Results

Polycab India Q4 result: Profit jumps 28.5% to Rs 546 cr on healthy demand

Cables and wires companies have benefited from a demand surge from the real estate and infrastructure sectors, further aided by the government as it tries to boost the economy

SoftBank Group seen returning to loss in Q4 despite tech stock strength

Analysts and investors are also eagerly awaiting clues about new growth investments as SoftBank has ample liquidity and can monetise its huge holding in Arm

Care Ratings Q4 results: Net profit surges 35% to Rs 34.8 crore

Care Ratings on Friday reported a 35 per cent jump in its standalone net profit at Rs 34.8 crore in the fourth quarter ended March 31, 2024. The domestic rating agency had a profit after tax of Rs 25.9 crore in the January-March quarter of the 2022-23 fiscal. Total income rose 13 per cent to Rs 88.5 crore during the March quarter, Care Ratings said in a late night regulatory filing on Thursday. For the 2023-24 fiscal, the standalone net profit rose 15 per cent Y-o-Y to Rs 119.4 crore. Total income also grew 15 per cent to Rs 330 crore in the 2023-24 fiscal. The board of Care Ratings has declared a final dividend of Rs 11/share, which will take the total declared for the year to Rs 18/share. Shares of Care Ratings were trading at Rs 1,104.20 on Friday in early trade on BSE, up 0.29 per cent over the previous close.

This Vedanta Group stock has zoomed 69% since April; m-cap tops Rs 2 trn

At 10:38 am; Hindustan Zinc was trading 7 per cent higher at Rs 488.70 with m-cap of Rs 2.07 trillion, the BSE data shows.

CGCL zooms 8% on healthy AUM growth in Q4; profit surges in double digits

The recent uptick in the stock came after the NBFC reported a profit after tax (PAT) of Rs 82.6 crore for the Q4FY24

SRF gains 2% as street pins hopes on chemical business recovery in H2FY25

The rise in stock came on hopes of recovery in the chemical business, which will pick up pace in the second half of FY25

Intellect Design Arena stock tanks 16% on heavy volume post Q4 results

Intellect Design Arena stock update: The company has indicated a revenue growth of 15 per cent for FY25, adjusted for GeM exit.

BPCL stock surges 5% on 1:1 bonus issue; hefty dividend announcement

BPCL stock update: The state-owned oil marketing company reported a 30% year-on-year decline in a consolidated net profit of Rs 4,790 crore in Q4FY24.

Can strong global cues aid a relief rally in Nifty on May 10? Check here

All you need to know before the market opens on Friday, May 10: Gift Nifty hints at over 100 points gap-up open on the back of rally in global market. BPCL, HPCL in focus.

PNB Q4 result: Profit jumps nearly three-fold to a 16-quarter high

PNB's Net Interest Income (NII) increased to Rs 10,363 crore in Q4 FY24 from Rs 9,499 crore in Q4 FY23, showing an improvement of 9.1 per cent

Treasury gains, fee income help State Bank of India Q4 net surge 24%

Loan-loss provisioning increased to Rs 3,294 crore in Q4, up more than 150% from the year before

Relaxo Footwears Q4 results: Net profit decline 3% to Rs 61 crore

Relaxo Footwears on Thursday reported a 3 per cent decline in net profit for the March quarter to Rs 61.39 crore, as against Rs 63.3 crore in the year-ago period. The company's revenue from operations declined to Rs 747.21 crore from Rs 764.94 crore in the corresponding quarter of the previous year, a regulatory filing showed. For the full financial year 2023-24, its net profit rose to Rs 200.47 crore, from Rs 154.47 crore in the previous fiscal. Its total expenses reduced to Rs 669.98 crore in the January-March period, from Rs 683.85 crore a year ago, the regulatory filing showed. Relaxo Footwears' scrip closed at Rs 843.45 on Thursday, 0.19 per cent lower than its previous close on the BSE.

Asian Paints Q4 results: Net profit rises 1.8%, misses estimates

The company also noted that the quarter saw price cuts across product categories, which further suppressed its revenue growth

Indian Overseas Bank Q4 results: Net profit rises 24% to Rs 808 crore

The operating expenses of IOB increased in the quarter under review to Rs 3,281.38 crore, compared to Rs 1,826.58 crore, owing to higher employee-related expenses

CAMS Q4 results: PAT rises 38.5% to Rs 103 cr, revenue up 24% to Rs 310 cr

Registrar and transfer agent for mutual funds CAMS on Thursday reported a 38.5 per cent surge in profit after tax to Rs 103 crore for three months ended March this year, driven by robust performance across the business streams. In comparison, the company had posted a profit after tax (PAT) of Rs 74.36 crore in the year-ago period, Computer Age Management Services Ltd (CAMS) said in a statement. Its revenue grew 24.6 per cent to Rs 310.46 crore in January-March of the financial year 2023-24 (FY24) from Rs 249.24 crore a year ago. "We had an excellent quarter in terms of posting strong financial results, with quarterly revenue and PAT growing at 24.6 per cent and 38.7 per cent YoY (year-on-year). "All these numbers are a culmination and deep vindication of robust performance across our revenue streams and are reflective of deep business and operational focus of our teams," Anuj Kumar, Managing Director of CAMS, said. The company said that revenues from the mutual fund business rose

Abbott India Q4 results: Profit rises 24% to Rs 287 cr, revenue up 7%

The drugmaker's revenue from operations increased to Rs 1,439 crore, a 7 per cent increase from the Rs 1,343 crore recorded in Q4 FY23

BPCL Q4 results: Consolidated net profit falls 30% to Rs 4,789 crore

The reduction in net profit in Q4 may have been due to lower gross marketing margins on petrol and diesel

Escorts Kubota Q4 results: Net profit rises 16.37% to Rs 251.89 crore

Farm equipment and construction equipment firm, Escorts Kubota Ltd on Thursday reported a 16.37 per cent increase in consolidated net profit at Rs 251.89 crore in the fourth quarter ended March 31, 2024. The company had posted a profit of Rs 216.46 crore in the same quarter of the previous fiscal, Escorts Kubota said in a regulatory filing. Consolidated revenue from operations in the fourth quarter stood at Rs 2,093.53 crore as against Rs 2,214.48 crore in the year-ago period, it added. Tractor sales in the quarter were lower at 21,253 units as against 24,765 units in the corresponding period of the previous fiscal. Total expenses during the quarter were lower at Rs 1,881.11 crore as compared to Rs 2,023.32 crore in the same period a year ago. Construction equipment volume in Q4 was higher at 1,789 machines as compared to 1,530 machines in the year-ago period, the company said. The board of directors of the company has approved a dividend of Rs 18 per fully paid-up equity share o

Orient Electric Q4 result: Net profit falls 48%, total expenses up 23.3%

Orient Electric, which also sells fully automatic coffee machines, hand mixers and switchgears, said its revenue from operations rose 19.7%

Stock Market Highlights: Sensex tanks 1,062 pts, Nifty below 22k; Mid, SmallCap indices fall 2%

Stock Market Highlights on Thursday, May 09: Weighing on the benchmarks was selling in heavyweights like L&T, HDFC Bank, Reliance Industries, ITC, Asian Paints, ICICI Bank, and Bajaj Finance