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
Indian generic drugmakers, which draw a significant share of revenue from the crucial U.S. market, are recovering from the effects of eroding prices in the largest drug market in the world
LT Foods, owner of basmati rice brands 'Daawat' and 'Royal', on Friday posted a 14 per cent jump in consolidated net profit at Rs 150.24 crore for the fourth quarter of fiscal 2023-24 on robust sales. The company's profit stood at Rs 131.81 crore a year earlier. Total income rose to Rs 2,091.73 crore during the January-March quarter of 2023-24, from Rs 1,834.95 crore in the same period a year ago, the company said in a regulatory filing. Expenses remained higher at Rs 1,898.46 crore versus Rs 1,685.92 crore a year earlier. For the full fiscal year 2023-24, LT Foods reported a 41.35 per cent increase in net profit at Rs 597.59 crore, compared with Rs 422.75 crore in the previous year. Total income rose to Rs 7,822.05 crore from R 6,978.81 crore a year earlier. Commenting on the performance, LT Foods Managing Director Ashwani Arora said the company has delivered stellar growth in revenue and profitability for yet another year, despite facing a challenging external environment. The
Stock markethighlights on May 17, 2024: M&M, JSW Steel, Ultratech Cement, Kotak Bank, ITC, Maruti Suzuki, NTPC, and Tata Motors were the top gainers on the Sensex
GlaxoSmithKline Pharmaceuticals Ltd on Friday reported a 46 per cent increase in consolidated net profit at Rs 194.48 crore in the fourth quarter ended March 31, on the back of higher sales. The company had posted a net profit of Rs 133.43 crore in the corresponding quarter of the previous fiscal, GlaxoSmithKline Pharmaceuticals (GSK Pharma) said in a regulatory filing. Consolidated revenue from operations in the quarter under review stood at Rs 929.8 crore as against Rs 787.45 crore in the year-ago period, it added. Total expenses in the fourth quarter were higher at Rs 691.41 crore as compared to Rs 635.54 crore in the same period a year ago. The board has recommended a dividend of Rs 32 per equity share on the face value of Rs 10 each for the year ended March 31, subject to approval of members at upcoming annual general meeting, the company said. For the fiscal ended March 31, 2024 net profit was at Rs 589.96 crore as compared to Rs 610.69 crore in the preceding year, the compa
In the past six trading days, the index has outperformed by surging 5.4 per cent, as compared to 2.4 per cent rise in the Nifty 50.
eClerx plans to allocate up to Rs 385 crore for its buyback, equivalent to 24.98 per cent of the total paid-up equity share capital and 18.38 per cent of free reserves
Q4 FY24 company results: Delhivery, JSW Steel, Godrej Industries, Bandhan Bank and many more companies are slated to release their fourth-quarter earnings
PB Fintech block deal news: Yashish Dahiya, chairman and CEO, and Alok Bansal, vice chairman and whole-time director, have sold partial stakes in the company
Mahindra & Mahindra's market capitalisation touched Rs 3.18 trillion in Friday's intra-day trade on the BSE.
Latest rise was due to low base in Q4 FY23 as a result of supply disruptions
Farm business PAT grew 2 per cent in FY24 when industry volumes declined
The telco's finance cost increased to Rs 6,280.3 crore in Q4, shooting up by 25.5 per cent from Rs 6,284 crore in the same quarter of the previous year
Biocon has re-appointed Kiran Mazumdar Shaw as an Executive Director of the company for a further period of 5 years starting April 2025
JK Paper Ltd on Thursday reported a 2.44 per cent decline in consolidated net profit to Rs 276.6 crore for the fourth quarter ended March 2024, impacted by higher raw material cost and lower realisation across categories. The company had posted a consolidated net profit of Rs 283.52 crore a year ago, JK Paper said in a regulatory filing. Its consolidated revenue from operations in the quarter under review stood at Rs 1,804.87 crore against Rs 1,806.99 crore in the year-ago period, it added. The total expenses in the fourth quarter were higher at Rs 1,457.63 crore compared to Rs 1,379.42 crore in the same period of the preceding fiscal. The board of directors has recommended a final dividend of Rs 5 per share for the year ended March 2024. This is in addition to the interim dividend of Rs 3.5 per equity share declared and paid during the said financial year, the filing said. For the fiscal ended March 2024, its consolidated net profit was Rs 1,133.2 crore compared to Rs 1,208.22 cr
In financial year 2024 (FY24), the company reported a net profit of Rs 158.1 crore, up 13 per cent from Rs 139.6 crore in the previous financial year (FY23)
Naukri.com owner Info Edge posted a consolidated net profit of Rs 87.9 crore in the fourth quarter ended March 31, 2024. The company had registered a loss of Rs 503.1 crore in the year-ago period. The consolidated revenue of operations increased 8.7 per cent to Rs 657.42 crore during the quarter under review from Rs 604.78 crore a year earlier. Info Edge (India) recorded 7.9 per cent growth in its revenue from operations at Rs 608.3 crore on a standalone basis for the quarter ended March 31, 2024, compared to Rs 564.0 crore in the corresponding quarter of the previous fiscal. "The recruitment business witnessed an uptick in Q4 performance whereas non-recruitment businesses continued to deliver robust performance. "Revenues growth in the recruitment business was 3.4 per cent year on year and for non-recruitment business verticals namely 99acres.com (the real estate vertical), Jeevansathi.com (the matrimony business), and Shiksha.com (the education business) was 22.5 per cent, 29.2
Paints and coatings maker Akzo Nobel India Ltd on Thursday reported a 13.94 per cent increase in consolidated net profit to Rs 108.7 crore in the fourth quarter ended March 2024, driven by volume growth. The company had posted a consolidated net profit of Rs 95.4 crore in the same quarter previous fiscal, Akzo Nobel India Ltd said in a regulatory filing. Consolidated revenue from operations in the fourth quarter was Rs 973.4 crore as compared to Rs 951.4 crore in the year-ago period. The increase in revenue was driven by strong double-digit volume growth, the company said. Total expenses were higher at Rs 836.7 crore over Rs 824.9 crore a year ago. Akzo Nobel India said its board has recommended a final dividend of Rs 25 per equity share for the financial year 2023-24 subject to shareholders' approval in the forthcoming annual general meeting. The total dividend for FY24 aggregates to Rs 75 per share, including an interim dividend of Rs 50 declared earlier. For the fiscal ended
Brookfield India Real Estate Trust (BIRET) on Thursday reported an 89 per cent rise in its adjusted net operating income to Rs 460.8 crore during the March quarter and announced distribution of Rs 208.6 crore to unitholders. Its net operating income (NOI) stood at Rs 244.4 crore in the year-ago period. During the full 2023-24 fiscal, the company's NOI increased to Rs 1,506.2 crore from Rs 960.8 crore in the preceding year, according to a regulatory filing. During the fourth quarter of last fiscal, the company said it achieved highest quarterly new leasing since IPO of 0.9 million square feet. It received in-principle approvals for conversion of 1 million square feet of SEZ space to non-processing area and in the process of applying for a further conversion of 0.2 million square feet. "Recent leasing was driven by demand from GCCs (Global Capability Centers), MNCs (multinational corporation) and domestic tenants across sectors such as consulting, BFSI, technology, and oil & gas, ..