Page 66 - Latest Updates on Q4 Results

Blue Dart Express Q4 results: Net profit rises 12% to Rs 78 crore

Logistics company Blue Dart Express on Thursday reported a consolidated net profit of Rs 77.78 crore for the March quarter, registering a 12 per cent increase on the back of revenue growth. The company had reported a net profit of Rs 69.44 crore in the year-ago period. The express air integrated transportation, and distribution logistics company, declared its financial results on Thursday for the March quarter and the entire 2023-24 fiscal year at its board meeting held in Mumbai. Blue Dart's total income for the fourth quarter stood at Rs 1,333.93 crore, as against Rs 1,225.22 crore a year ago, a regulatory filing showed. "In FY24, our profit margin levels have been sustained amidst network expansion and infrastructure investments in recent quarters. These initiatives included the establishment of crucial air routes through the acquisition of two 737 freighters and the inauguration of state-of-the-art facilities," Blue Dart Express Managing Director Balfour Manuel said.

Federal Bank Q4 results: Profit flat at Rs 906 cr due to pension expense

Bank in advance stages of submitting new CEO names to RBI

Coforge Q4 results: Profit rises 94.8%, acquires Cigniti Technologies

The dollar revenue for the fourth quarter grew 1.9 per cent sequentially in constant currency to $286.8 million, led by deal wins worth $400 million

Ramkrishna Forgings Q4FY24 results: Net profit surges 31% to Rs 87 crore

Ramkrishna Forgings Ltd (RKFL) on Thursday reported a 31 per cent rise in standalone net profit to Rs 87.30 crore for the January-March quarter of 2023-24. Its net profit was at Rs 66.82 crore in the January-March period of 2022-23, the company said in an exchange filing. The company's total income rose by 6 per cent to Rs 886.16 crore in the fourth quarter of FY24 compared to Rs 835.40 crore in the year-ago quarter. For the full 2023-24 fiscal, the company posted a 38 per cent rise in net profit to Rs 326.07 crore compared to Rs 235.59 crore in FY23. Its total income rose to Rs 3,489.61 crore in FY24 from Rs 3,001 crore in FY23. On financial performance, Ramkrishna Forgings Managing Director Naresh Jalan said, "The company registered a strong performance across segments and geographies, with 16 per cent growth in revenues and 38 per cent in profitability. Ebitda margin stood at 22.7 per cent driven by operating leverage and a sharp focus on cost control." In the March quarter, th

Coforge Q4 results: Net profit up 95% at Rs 223.7 cr, revenue rises 8.7%

Coforge Q4FY24 results: The board of the company recommended an interim dividend of Rs 19 per share

Huntington March quarter results: Revenue up 4.9% to $2.81 bn, beats views

Demand for submarines and aircraft carriers is surging, fueled by China's expanding naval footprint and high global tensions, benefiting shipbuilding giants such as Huntington Ingalls

Adani Enterprises Q4FY24 results: Net profit drops 37% to Rs 450.58 crore

The company announced an interim dividend of Rs 1.3 per share

Federal Bank Q4 results: Net profit flat at Rs 906 cr, total income up 23%

Federal Bank on Thursday reported a flat net profit of Rs 906 crore in the March 2024 quarter. The bank had a net profit of Rs 903 crore in the fourth quarter of the 2022-23 fiscal. Its total income rose 23.42 per cent to Rs 6,732 crore in the January-March period. The net interest income grew 15 per cent to Rs 2,195 crore. For the full 2023-24 fiscal, Federal Bank's net profit grew 24 per cent to Rs 3,721 crore. In 2022-23, the bank had a net profit of about Rs 3,011 crore. The bank's board also recommended a dividend of 60 per cent per equity share having a face value of Rs 2 for the year ended March 2024. Federal Bank Managing Director & CEO Shyam Srinivasan said, "With a 10 per cent increase in our footprint, our branches now dot the map, across the length and breadth of India. The physical distribution is buttressed with significant investments in technology and digital capabilities, helping us serve clients in over 15,000 pin codes." Shares of Federal Bank were trading at R

South Indian Bank Q4 results: Net profit dips 14% to Rs 288 crore

South Indian Bank on Thursday reported a 13.88 per cent decline in March quarter net profit to Rs 287.56 crore. The private sector bank posted a net profit of Rs 333.89 crore in the January-March period of the 2022-23 fiscal year. Total expenditure increased to Rs 2,187 crore in the March quarter, from Rs 1,757 crore in the same period a year ago, South Indian Bank said in a regulatory filing. The bank's total income rose to Rs 2,621 crore in the fourth quarter of 2023-24, from Rs 2,318 crore in the year-ago period. For 2023-24 fiscal, the bank's net profit rose 38 per cent to Rs 1,070 crore, from Rs 775 crore in the 2022-23 fiscal. The bank's board has recommended a dividend of Rs.0.30 per equity shares of face value of Re 1 each (30 per cent) for the financial year ended March 31, 2024 Shares of South Indian Bank were trading at Rs 28.92, down 6.01 per cent over previous close on the BSE.

Dabur Q4 FY24 results: Net profit rises 16% to Rs 350 crore, revenue up 5%

Dabur Q4FY24 results: The board of Dabur has recommended a final dividend Rs 2.75 per equity share for the financial year 2023-24

Adani Ports Q4 results: Net Profit jumps 76% to Rs 2,040 cr, revenue up 19%

Adani Ports Q4FY24 results: The board of Adani Ports and Special Economic Zone has recommended a dividend Rs 6 per equity share of Rs 2 each fully paid-up for the financial year 2023-24

Q4 FY24: Adani Ports, Coal India among 49 firms to post results today

Q4 FY24 results: Dabur, Federal Bank, Digicontent, Blue Star, Khemani Distributors, Aptech are expected to release their financial results too

Why Adani Total Gas, Adani Power, Adani Wilmar will be in focus on May 2

Stocks to Watch on Thursday, May 2, 2024: Adani Power has reported a 48 per cent Y-o-Y fall in consolidated net profit at Rs 2,737 crore for the quarter ended March, 2024

Pre-mkt check: US Fed decision, global stocks, Nifty key levels for May 02

Pre-market update Thursday, May 02: Why are global markets trending higher post US Fed meeting outcome? All you need to know before the Indian stock market opens for trade today.

Adani Power Q4 result: Net profit down 48% at Rs 2,737 cr, revenue up 30%

Adani Portfolio of companies will continue to provide innovative, reliable, and scalable solutions to support the nation's economic growth, says Gautam Adani

Ambuja Cements Q4FY24 results: Net profit surges 64% to Rs 1,055 crore

Ambuja Cements' revenue from operations increased by 11.64% to Rs 8,893.99 crore in Q4, compared to Rs 7,965.98 crore reported in the year before

Netweb Technologies Q4 results: Net profit up around 3-fold at Rs 29.6 cr

Domestic computer server maker Netweb Technologies posted a nearly three-fold jump in its net profit to Rs 29.6 crore in the fourth quarter ended on March 31, 2024, on account of a boom in demand for artificial intelligence-based solutions. The company had posted a net profit of Rs 10.5 crore in the same period a year ago. Revenue from operations of Netweb Technologies more than doubled to Rs 265.88 crore during the reported quarter from Rs 123.39 crore in the year-ago period. Netweb Technologies' income from AI Systems has grown by about 2.6 times on a year-over-year basis and is now over 11 per cent of operating income. "We are delighted to announce that our company has achieved its highest-ever quarterly and annual income and profits. As stated earlier, AI systems are now clearly progressing towards becoming the third pillar of our growth. This is reflected by its revenue growing 2.6 times YoY, while its contribution to the company's total revenue has grown from 7 per cent in FY

Adani Wilmar Q4 results: Net profit increases 67% to Rs 156.75 crore

The company's total income fell to Rs 13,342.26 crore in the January-March period of the last fiscal year from Rs 14,185.68 crore in the year-ago period, according to a regulatory filing

Five Star Business Finance Q4 results: PAT up 40% to Rs 236 crore

Non-banking finance company Five-Star Business Finance Ltd has recorded a 40 per cent rise in its profit after tax for the January-March 2024 quarter at Rs 236 crore. The city-based company had registered a profit after tax at Rs 169 crore during the corresponding quarter of last year. Total disbursements made during the quarter under review grew by 20 per cent to Rs 1,336 crore, from Rs 1,110 crore registered in the same period of last year. For the year ending March 31, 2024 the profit after tax grew by 39 per cent to Rs 836 crore from Rs 604 crore registered last financial year. Total disbursements for the year ending March 31, 2024 stood at Rs 9,641 crore, up by 39 per cent from Rs 6,915 crore registered year ago. Commenting on the financial performance, company Chairman and Managing Director Lakshmipathy Deenadayalan said, "Q4 was a very strong quarter across the three aspects of quality, profitability and growth. During the quarter, we disbursed Rs 1,336 crore of loans as ..

Indus Towers Q4 results: PAT rises 32% to Rs 1,853 cr, revenue up 6.5%

Telecom infrastructure company Indus Towers on Tuesday reported around a 32 per cent jump in its consolidated net profit for the fourth quarter ended March 2024. It had registered a net profit of Rs 1,399.1 crore a year ago, as per the company's regulatory filing. The company's consolidated revenue from operations grew 6.5 per cent to Rs 7,193.2 crore during the reported quarter against Rs 6,752.9 crore in the March 2023 quarter. For the year ended March 31, 2024, Indus Towers posted close to a three-fold jump in consolidated profit to Rs 6,036.2 crore from Rs 2,040 crore at the end of the financial year (FY) 2023. The annual revenue from operations of Indus Towers remained almost flat at Rs 28,600.6 crore during the reported fiscal compared to Rs 28,381.8 crore in FY23. "The network expansion by a major customer and increase in our market share helped us deliver record tower additions, surpassing the milestone of 2,00,000 towers. On the financial front, we were pleased to see ste