Page 67 - Latest Updates on Q4 Results

Geojit Financial Q4 results: PAT rises 73% to Rs 52 cr, revenue up 79%

Geojit Financial Services on Tuesday reported a 73 per cent rise in profit after tax to Rs 52 crore in the March quarter. The company had recorded a profit after tax of Rs 30 crore in the year-ago period. In the fourth quarter of the last financial year, the firm's consolidated revenue rose 79 per cent to Rs 209 crore. It was at Rs 117 crore a year ago, according to a release. For fiscal 2023-24, its profit after tax jumped 48 per cent to Rs 149 crore. At the end of March, the company's assets under custody and management stood at Rs 93,000 crore. The board of the company has also approved an investment of up to USD 1 million to establish an entity in Dubai International Financial Centre (DIFC) for expanding capital market business.

Fino Payments Bank Q4 results: Profit rises to Rs 25.21 cr, revenue up 24%

Fino Payments Bank on Tuesday reported a 14 per cent growth in March quarter net profit to Rs 25.21 crore. The Navi Mumbai-headquartered bank had reported a net profit of Rs 22.08 crore in the year-ago period. Net profit for the 2023-24 financial year rose to Rs 86.22 crore from the year-ago period's Rs 65.08 crore, as per an exchange filing. Its Chief Executive and Managing Director Rishi Gupta said this is the highest profitable quarter and it has also reached the milestone of having 1 crore customers, which gives him greater confidence about the future growth. The overall revenue increased 24 per cent to Rs 401 crore during the reporting quarter on the back of a 52 per cent rise in throughput. The operating profit came at Rs 54.2 crore for the January-March period, 26 per cent higher than the year-ago period. The Fino scrip closed 1.03 per cent down at Rs 291.90 apiece on the BSE on Tuesday as against a 0.25 per cent correction on the benchmark.

Fino Payments Bank Q4 results: Net profit rises 14% to Rs 25.21 crore

On a sequential basis, the company's net profit rose 10 per cent from Rs 22.80 crore in Q3 FY24

Adani Total Gas Q4 result: Profit up 72% at Rs 1.68 bn on higher CNG sales

Revenue had risen by more than 12% during the same period last year, driven by higher volumes and an increase in sales price

Mindspace REIT Q4 results: Net operating income up 9% to 477 crore

Mindspace Business Parks REIT on Tuesday reported 9 per cent growth in net operating income (NOI) to Rs 476.8 crore and declared distribution of Rs 282.9 crore to unitholders for March quarter FY24. According to a regulatory filing, the company's NOI grew 12 per cent to Rs 1,895.9 crore in 2023-24. Cumulatively, it has declared distribution of Rs 1,136.2 crore to unitholders for last fiscal year. Ramesh Nair, Chief Executive Officer, K Raheja Corp Investment Managers Pvt Ltd, Manager to Mindspace REIT said, We had a record quarter, leasing 2 million square feet, making this our top-performing quarter since going public." "Our committed occupancy now stands at 90.6 per cent. With ongoing expansion projects totalling 4.4 million square feet, future development of 2.5 million square feet and potential leasing of 2.4 million square feet vacant area, we are positioned for significant NOI growth." Mindpsace REIT said its committed occupancy stood at 90.6 per cent. Cumulative leasing for

Cholamandalam Investment Q4 result: Profit rises 25% to Rs 1,065 crore

Cholamandalam Investment and Finance Company on Tuesday reported a 24.5 per cent rise in net profit to Rs 1,065 crore for the March quarter on account of an increase in core business. The Murugappa Group firm had earned a consolidated profit of Rs 855 crore during the corresponding quarter of the previous year. During the quarter, the company's total income increased to Rs 5,499 crore as against Rs 3,835 crore a year ago, Cholamandalam Investment and Finance Company said in a regulatory filing. Interest income grew to Rs 4,938 crore during the period under review from Rs 3,499 crore in the year-ago period. Total expense rose to Rs 4,071 crore compared to Rs 2,672 crore in the fourth quarter of FY23. The board recommended a final dividend of 70 paise per share (35 per cent per share of face value of Rs 2 each) for the year ended March 2024, it said. On the asset quality side, the company's gross Non-Performing Assets (NPAs) were reduced to 3.54 per cent of gross advances as of Mar

Adani Total Gas Q4 results: Profit rises 59% to Rs 165 cr, revenue up at 5%

Adani Total Gas Ltd, the city gas retailing joint venture of Adani group and TotalEnergies of France, on Tuesday reported a 59 per cent rise in March quarter net profit on the back of a surge in CNG sales volumes. The company posted a net profit of Rs 165 crore in the January-March period as against Rs 104 crore in the same period a year back, the company said in a statement. The firm, which retails CNG to automobiles and pipes natural gas to household kitchen for cooking purpose, saw a revenue increase of 5 per cent to Rs 1,257 crore while EBITDA surged 49 per cent to Rs 305 crore the quarter. CNG sales rose 20 per cent to 149 million standard cubic metres and piped natural gas sales were up 15 per cent to 83 mmscm. For the full fiscal year, the company reported a net profit of Rs 653 crore on a revenue of Rs 4,813 crore. This compared with Rs 530 crore net profit on a revenue of Rs 4,683 crore in 2022-23. ATGL said it added 91 new CNG stations to take the strength to 547 across

Exide Q4 results: Net profit up 2.56% at Rs 184.74 cr, revenue rises 13.49%

The company on Tuesday announced changes in key management positions effective 1 May 2024

Havells India Q4 results: Net profit up 25% at Rs 447 cr, revenue rises 12%

Havells India Q4 FY results: The board of directors decided to recommend a final dividend of Rs 6 per equity share of Re 1 each for FY24

IndiaMart Q4 results: Net profit jumps 78% to Rs 99.6 crore, revenue up 17%

IndiaMart Q4FY24 results: The company has recommended a final dividend of Rs 20 per equity share of face value of Rs 10 each for the financial year 2023-24

P&G Hygiene and Health Q3 profit falls 6.5% to Rs 154.4 cr, sales up 13.5%

Procter & Gamble Hygiene and Health Care Ltd on Tuesday reported a decline of 6.45 per cent in profit after tax at Rs 154.37 crore in the third quarter ended March 2024 on account of one-time tax impacts. The company, which follows the July-June financial year, had reported a profit after tax of Rs 165.02 crore in the corresponding quarter of the preceding fiscal. However, Procter & Gamble Hygiene and Health Care Ltd (PGHH) revenue from operations increased 13.48 per cent to Rs 1,002.17 crore during the quarter under review. It was at Rs 883.09 crore a year ago. Its Profit After Tax (PAT) of Rs 154.37 crore "was down 6 per cent vs year ago due to one-time tax impacts in the base as well as current quarters", said the earnings statement from the company which owns popular brands such as Vicks in healthcare and Whisper in feminine care. However, its PAT was "up 50 per cent operationally fuelled by product-price mix and productivity interventions", it added. PGHH's total expense

Newgen Software Q4 result: Net profit up 32% at Rs 105 cr, revenue up 23%

Tech firm Newgen Software Technologies on Tuesday posted a 31.67 per cent increase in consolidated net profit (attributable to shareholders of the company) to Rs 105.26 crore for the fourth quarter ended March 2024. The company had reported a net profit of Rs 79.94 crore in the year-ago period. Revenue from operations, driven by strong growth in Europe, Middle East, and Africa (EMEA) and India region, rose 23.01 per cent year-on year to Rs 375.26 crore, as against Rs 305.05 crore in Q4FY23, according to a BSE filing. The largest share of revenue was brought in by the banking vertical (73 per cent), followed by insurance (8 per cent), and Govt/PSUs (5 per cent). For the full FY24, the company's profit stood at Rs 251.60 crore, a 42.13 per cent ascent from the previous fiscal's Rs 177.01 crore. Revenue for the year was 27.70 per cent higher at Rs 1,243.82 crore. "We are delighted to close another good growth year in terms of revenue and profit with strong growth in India and EMEA .

Stock Market Highlights, April 30: Benchmarks sink in fag-end; Sensex drops 189 pts

Stock market Update on Tuesday, April 30: Q4 results, US Fed meet and trading holiday to weigh on investor sentiment; Gift Nifty hints at a quiet start.

Indian Oil Q4FY24 results: Net profit falls 49% to Rs 5,148 crore

For the entire financial year, the company reported a rise in net profit by 326.15 per cent at Rs 41,729.69 crore, compared to Rs 9,792.12 crore reported at the end of FY23

Exide Industries Q4 results: PAT up 37% to Rs 284 cr; sales at Rs 4,009 cr

Battery maker Exide Industries on Tuesday said its profit after tax rose 37 per cent to Rs 284 crore for the fourth quarter ended March 31, 2024. The company had reported a profit after tax (PAT) of Rs 208 crore in January-March period of FY23. Revenue from operations rose to Rs 4,009 crore in the period under review from Rs 3,543 crore a year ago. For the year ended March 31, 2024, the company posted a PAT of Rs 1,053 crore as compared with Rs 904 crore in 2022-23. Revenue from operations rose to Rs 16,029 crore as against Rs 14,592 crore in FY23. The company said its board has proposed a final dividend of Rs 2 per share for 2023-24. "Demand scenario was upbeat, and our diversified and technologically advanced product offerings helped us capture the opportunities across end customer markets," Exide Industries MD & CEO Subir Chakraborty said. Outlook is positive both for the automotive and industrial verticals and the company aims to deliver healthy sales growth and increase in

Central Bank of India Q4FY24 results: Profit jumps 41% at 807.34 crore

Central Bank of India standalone Q4FY24 results: Gross non-performing assets (NPA) ratio of the bank remained consistent at 4.50%, same as the last quarter

Exide Industries Q4FY24 results: Net profit jumps 36% YoY to Rs 283 cr

Exide Industries Q4 results: The company announced an interim dividend of Rs 2 per share

Gillette India shares zoom 10% on strong Q4 performance

Gillette India's topline growth jumped nearly 10 per cent to Rs 680.7 crore in Q4FY24, as opposed to Rs 619.1 crore in the same quarter a year ago (Q4FY23)

This recently listed small finance bank stock surges 20% on strong results

Jana Small Finance Bank stock update: The stock rallied to its highest level post listing after the bank reported significant improvement in NPAs.

UltraTech stock at Rs 11,500? Check latest target price post Q4FY24 results

The shares, on Tuesday, jumped over 2.38 per cent to hit an intraday high of Rs 10,200 apiece, following the result announcement