Page 64 - Latest Updates on Q4 Results

Titan stock price drops 7% on May 06. Why brokerages have cut target price

Analysts attribute this margin miss to heightened competitive pressure due to a spike in gold prices

Unity Small Finance Bank Q4 results: Net profit at Rs 143 cr on higher NII

Unity Small Finance Bank on Monday reported a net profit of Rs 143 crore for the January-March quarter buoyed by higher net interest income. The bank, promoted by Centrum Financial Services, had reported a net loss of Rs 52 crore in the March quarter of 2022-23 fiscal. The small finance bank's net interest income grew 55 per cent to Rs 281 crore during the March quarter of FY'24. For the full 2023-24 fiscal, Unity Bank's net profit grew 12-fold to Rs 439 crore. Net interest income also increased 75 per cent YoY to Rs 981 crore during FY'24.

Muthoot Microfin Q4 results: Net profit jumps 27% to Rs 120 crore

Muthoot Microfin on Monday reported a 27 per cent rise in its profit after tax at Rs 119.76 crore during March quarter of 2023-24. The non-banking finance company had reported a profit after tax (PAT) of Rs 94.56 crore in the corresponding fourth quarter of FY23, according to a regulatory filing. The net interest income (NII) grew 47 per cent to Rs 400 crore during the March quarter of FY24 from Rs 272 crore in the year-ago period. For 2023-24 fiscal, PAT grew over two-fold to Rs 450 crore. The NII rose 56 per cent to Rs 1,361 crore in FY24.

Kamdhenu Q4 result: PAT up 56% at Rs 17 cr, total income rises to Rs 184 cr

Steel maker Kamdhenu Ltd on Monday posted a 56 per cent rise in net profit to Rs 16.8 crore in the March quarter compared to Rs 10.8 crore in the year-ago period on the back of higher income. Its total income rose to Rs 184 crore in the period under review from Rs 168 crore in the January-March quarter of FY23. The company's total expenses also rose to Rs 161.59 crore as against Rs 153.22 crore in the year-ago period. The board of directors have recommended a final dividend of Rs 2 per equity share of face value of Rs 10 each for the financial year ended March 31, 2024. In a separate statement, Kamdhenu Ltd CMD Satish Kumar Agarwal said the company is raising Rs 100 crore through an issue of convertible warrants on a preferential basis over the next 18 months. Of this, it has already received Rs 24.27 crore. "Through the capital raise, the company will look to re-model the franchisee business by acquiring stake strategically in some of the franchisee units, invest in existing and

Arvind SmartSpaces Q4 results: Net Profit rises 67% to Rs 15 crore

Realty firm Arvind SmartSpaces Ltd on Monday reported 67 per cent increase in net profit to Rs 15.49 crore for the quarter ended March on higher income. Its net profit stood at Rs 9.30 crore in the year-ago period. Total income rose to Rs 120.10 crore in the quarter from Rs 94.37 crore a year ago. During 2023-24 fiscal year, the company's net profit increased to Rs 41.57 crore from Rs 25.60 crore in the preceding year. Total income went up to Rs 350.87 crore from Rs 263.25 crore in 2022-23. On operational front, the company's sale bookings rose 38 per cent to Rs 1,107 crore in 2023-24 from Rs 802 crore in the previous year. "FY24 has been a landmark year of the company with milestones achieved across bookings, collections and business development. The company has recorded the highest ever annual bookings of Rs 1,107 crore, a growth of 38 per cent year-on-year (YoY)," Kamal Singal, Managing Director and CEO, Arvind SmartSpaces said. He said the company acquired new projects with

Indian Bank Q4FY24 results: Net profit rises 55% to Rs 2,247 crore

As on March 31, 2024, the company's gross non-performing assets (NPA) were 3.95 per cent of gross advances, compared to 5.95 per cent during the same period in 2023

Square Yards Q4 results: Revenue up 49% to Rs 1,004 cr on strong demand

Square Yards, which is mainly in the housing and home loan brokerage business, on Monday said its revenue has risen 49 per cent to Rs 1,004.45 crore during the last fiscal year, driven by strong demand for residential properties. Of the total revenue, its India business contributed 79 per cent, Square Yards said in a statement. Square Yards also has a presence in Dubai and some other countries. Its revenue stood at Rs 672.4 crore in the preceding 2022-23 fiscal. "For the first time, the company has achieved EBITDA profitability for the full year FY24. Additionally, Square Yards reached operating cash flow breakeven in H2FY24," the statement said. Of the total revenue from operations during the last fiscal year, the company said the real estate services contributed Rs 428.94 crore while financial products and services added Rs 448.69 crore. The digital product services and interior services generated Rs 40.68 crore and Rs 77.82 crore, respectively, during the last fiscal year. "F

Route Mobile Q4 results: Profit falls 9% to Rs 95 cr, revenue remains flat

Enterprise communication firm Route Mobile on Monday posted 8.5 per cent decline in consolidated net profit at Rs 95.16 crore for the fourth quarter ended March 31, 2024. The company had clocked a net profit of Rs 104.05 crore in the same period a year ago, according to a BSE filing. Revenue from operations remained almost flat at Rs 1,017.03 crore as compared to Rs 1,008.66 crore in March 2023 quarter. In FY24, net profit increased about 17 per cent to Rs 388.84 crore from Rs 333.11 crore a year ago. Annual revenue increased to Rs 4,023.29 crore in FY24 from Rs 3,569.23 crore a year ago. The company's board has approved availing financial assistance by way of SBLC (standby letter of credit) not exceeding Rs 100 crore from ICICI Bank against the security of fixed deposit of amount not exceeding Rs 105 crore. SBLC shall be issued to enable ICICI Bank IBU Gift City for extending bank guarantee facility to Route Mobile (UK) Ltd, the company said.

Marico Q4FY24 results: Net profit up 5% at Rs 318 cr, revenue rises 1.7%

The board of directors of Marico Limited declared a second interim dividend of Rs 6.50 per equity share, the total dividend for the year ended March 31, 2024, amounts to Rs 9.50 per equity share

CG Power and Industrial Solutions Q4 results: Profit dips 10% to Rs 234 cr

CG Power and Industrial Solutions on Monday reported 10 per cent dip in consolidated net profit to Rs 234 crore for March quarter FY24, mainly due to higher expenses. Its net profit (from continuing operations) was Rs 260 crore in the quarter ended March 31, 2023, a regulatory filing said. Total income rose to Rs 2,239.83 crore from Rs 1,917.05 crore in the year-ago period. Total expenses also surged to Rs 1,932.80 crore from Rs 1,654.63 crore in the same period a year ago. However, consolidated net profit (from continuing operations) rose to Rs 871 crore in fiscal 2023-24 from Rs 796 crore in 2022-23. Total income in the fiscal increased to Rs 8,152.24 crore from Rs 7,040.30 crore a year ago. The results include the performance of the operating subsidiaries in Sweden, Germany and the Netherlands (Drives and Automation Europe), CG Adhesives Products Ltd (India), CG Semi Pvt Ltd (India) and other non-operating and holding subsidiaries. The company is an engineering conglomerate w

Indian Bank Q4 results: Net profit jumps 55% to Rs 2,247 crore, NII up 9%

Public sector lender Indian Bank reported a 55 per cent jump in net profit at Rs 2,247 crore in March quarter of 2023-24. The bank had a net profit of Rs 1,447 crore in March quarter of the preceding fiscal. Total income increased to Rs 16,887 crore in March quarter of FY24, from Rs 14,238 crore in the fourth quarter of FY23. Net Interest Income (NII) increased by 9 per cent YoY to Rs 6,015 crore in March quarter of FY24, from Rs 5,508 crore in March quarter of FY23. For full 2023-24 fiscal, net profit went up by 53 per cent YoY to Rs 8,063 crore, from Rs 5,282 crore in FY23. Total income for FY24 increased to Rs 63,482 crore, from Rs 52,085 crore in FY23. Shares of Indian Bank were trading at Rs 535.75, down 1.44 per cent over previous close on BSE.

Mangalore Refinery & Petrochemicals falls 9% on weak Q4 results

MRPL's standalone net profit plummeted over 40 per cent to Rs 1,138 crore in Q4FY24, from Rs 1,913 crore in Q4FY23

Q4 impact: Britannia stock up 10%, logs sharpest intraday gain in 18 months

Britannia stock update: Upbeat outlook, healthy dividend triggers sharp rally in Britannia stock. Here's what bokerages say post Britannia's Q4 results.

Dr Reddy's Q4 Preview: Here's what key brokerages expect from its results

Indian pharmaceutical giant Dr Reddy's Laboratories is set to witness a single to double digit growth in sales on a year-on-year (Y-o-Y) basis for the fourth quarter of financial year 2023-24 (Q4FY23)

Q4FY24: Lupin, Godrej Consumer among 54 firms to report results on May 6

Q4 FY24 results today: Marico, Lupin, Gujarat Gas, Godrej Consumer Products, Indian Bank, Happiest Minds Technologies and Route Mobile will announce their fourth quarter and FY24 results on May 7

AEL, Adani Ports: Trading strategies in Adani Group stocks post Q4 results

Adani Group stocks technical outlook; Adani Enterprises, ACC and NDTV seem negative on the charts, while Adani Ports, Adani Green and Ambuja Cements hold promise. Other Adani stocks seen range-bound.

Q4 Results Preview: Lupin may see strong topline, bottomline growth

Indian pharmaceutical major Lupin is set to witness a strong financial earnings on a year-on-year (Y-o-Y) basis for the fourth quarter of the financial year 2023-24 (Q4FY23)

Global cues, tax clarification, Gift Nifty: Key triggers for Nifty on May 6

All you need to know before Sensex, Nifty opens for trade on Monday, May 06: Gift Nifty hints at gap-up open; FM dismisses buzz of changes in capital gains tax and Q4 results.

M&M Finance Q4FY24 results: Net profit declines 10% to Rs 619 crore

Expenses grew by nearly 36 per cent on the year to Rs 2,874.56 crore in the quarter under review, up from Rs 2,112.94 crore in the January-March quarter of FY23

Kansai Nerolac Paints Q4 results: Net profit rises 24% to Rs 1.16 billion

Revenues at India's third-largest paintmaker by market capitalisation rose over 2% to 17.69 billion rupees, while a rise in input costs helped total expenses tick 1.7% higher