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 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
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 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's profit dropped 19 per cent to Rs 307 crore in Q4FY24, from 380 crore in Q4FY23
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
The surge came after the company announced its fourth quarter results of financial year 2024 (Q4FY24) results
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 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
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
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
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
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
The company reported a consolidated loss of Rs 68.47 crore ($8.21 million) for the quarter ended March 31, compared with a loss of Rs 159 crore a year ago
The board has recommended a dividend of Rs 32 per equity share on face value of Rs 10 each for the year ended 31 March 2024, subject to approval of members at 99th Annual General Meeting
On a sequential basis, the company exhibited a 22.83 per cent increase in revenue, the PAT also rose by 53.57 per cent
Zee Entertainment Enterprises Ltd on Friday reported a consolidated net profit of Rs 13.35 crore in the March quarter. The company had posted a consolidated net loss of Rs 196.03 crore in the same period of the previous fiscal, Zee Entertainment Enterprises (ZEEL) said in a regulatory filing. Consolidated total income in the quarter stood at Rs 2,185.29 crore as against Rs 2,126.35 crore in the corresponding period a year ago, it added. In the fourth quarter of FY24, domestic advertising revenue grew 10.6 per cent year-on-year driven by the continued recovery in macro advertising environment and spending pickup by FMCG clients, while subscription revenue growth was driven by pick up in linear subscription, the company said in an investor presentation. Total expenses in the fourth quarter were lower at Rs 2,043.76 crore as compared to Rs 2,083.35 crore in the year-ago period. The board of directors has recommended a final dividend of Re 1 per equity share having face value of Re 1
JSW Steel Q4 FY24 results: The company recommended a final dividend of Rs 7.30 per fully paid-up equity share of Re.1 each for the year ended on March 31, 2024
Bandhan Bank's provisions and contingencies jumped to Rs 1,774 crore from Rs 735 crore a year earlier
TV Today Network Ltd on Friday reported nearly two-fold rise in consolidated net profit to Rs 11.46 crore in the March quarter on the back of higher revenue from television and other media operations. The company had posted a consolidated net profit of Rs 5.85 crore in the year-ago period, TV Today Network said in a regulatory filing. Consolidated revenue from operations in the quarter under review stood at Rs 252.79 crore as against Rs 217.14 crore in the corresponding period a year ago, it added. Television and other media operations posted revenue of Rs 247.37 crore in the fourth quarter as against Rs 213.25 crore in the corresponding period a year ago. Radio broadcasting revenue was at Rs 5.42 crore in the January-March period, up from Rs 3.89 crore a year earlier, the company said. Total expenses in the fourth quarter were higher at Rs 241.3 crore as compared to Rs 206.89 crore in the year-ago period. The board of directors has recommended a final dividend of Rs 8.50 per equ