Page 68 - Latest Updates on Q4 Results

Q4FY24: Indian Oil, REC, Havells India among 56 firms to post results today

Q4 FY24 results: Adani Energy, Adani Total Gas, Central Bank of India, Indus Towers, Procter & Gamble Hygiene & Health Care, Castrol India to post financial results

Stocks to Watch, April 30: Poonawalla Fin, JNK India, KEC, M&M, Tata Chem

Stocks to Watch today, April 30, 2024: JNK India stock is set to debut on the bourses on April 30. Its issue price has been fixed as Rs 415, and grey market suggests a listing gain of 30 per cent

Sensex, Nifty eye new highs; All you need to know before mkt opens April 30

Pre-market update Tuesday, April 30: Q4 earnings, US Fed decision, global markets to dictate market trend today. Adani shares likely to be in limelight.

Jana Small Finance Q4 results: Net profit jumps multi-fold to Rs 322 cr

Jana Small Finance Bank on Monday reported a multi-fold jump in March quarter net profit at Rs 321.67 crore on the back of gains from a tax write-back. The Bengaluru-headquartered lender had reported a net profit of Rs 80.99 crore in the year-ago period and Rs 134.64 crore in the quarter-ago period. Its net profit for FY24 increased to Rs 669.54 crore, up from the year-ago period's Rs 255.97 crore. For the quarter under review, its total income rose to Rs 1,290.94 crore, from Rs 1,009.78 crore in the quarter-ago period. The total expenditure came at Rs 949 crore for the reporting quarter, while the provisions were at Rs 175 crore. However, a tax write-back of Rs 155 crore helped the bank report the handsome profit growth for the quarter. Its gross non-performing assets ratio improved to 2.11 per cent from the 2.19 per cent in December. The overall capital adequacy ratio stood at 20.31 per cent as of March 31, 2024.

Tata Chemicals Q4 results: Net loss at Rs 850 cr on low soda ash demand

It reported a consolidated net loss of Rs 850 crore ($101.9 million) in the quarter ended March 31, compared to a profit of Rs 709 crore year ago

Trent Q4 results: Profit sees multi-fold jump at Rs 712 cr, sales up 51%

Tata group's retail arm Trent Ltd on Monday reported a multi-fold increase in consolidated net profit at Rs 712.09 crore for the fourth quarter ended March 2024, helped by exceptional item gains. The company had posted a consolidated net profit of Rs 44.95 crore in the January-March quarter a year ago, according to a regulatory filing from Trent Ltd, which operates retail stores under the brand names -- Westside, Zudio and Star. Its consolidated revenue from operations was up 51 per cent to Rs 3,297.70 crore during the quarter under review. It was at Rs 2,182.75 crore in the year-ago period, it added. During the quarter, Trent had a gain of Rs 576.07 crore as it "reassessed the estimates of measurement and recognition of the right of use assets including related security deposits and corresponding lease liabilities" of lease contracts for its store operations. Trent's total expenses were higher at 39.21 per cent in the March quarter to Rs 3,073.54 crore in FY24. "Given the account

UltraTech Cement Q4 results: PAT up 35% at Rs 2,258 cr, revenue rises 9%

UltraTech Cement announced an interim dividend of Rs 70 per share

KFin Tech Q4 results: PAT up 31% to Rs 74 crore on growth across verticals

Tech-driven financial services firm KFin Technologies on Monday reported a 30.6 per cent increase in profit after tax (PAT) at Rs 74.5 crore for three months ended March 2024, driven by growth across business verticals. In comparison, the company had posted a PAT of Rs 57 crore in the same quarter preceding fiscal, the firm said in a statement. Revenue from operations surged by 25 per cent to Rs 228.34 crore in the January-March quarter of the financial year (FY) 2023-24, from Rs 183.13 crore in the year-ago period. The company's board has declared a dividend of Rs 5.75 per equity share for FY24. This is subject to shareholders' approval. For the entire financial year 2023-24 (FY24), the company's revenue from operations stood at Rs 837.53 crore, marking a jump of 16.3 per cent year-on-year and profit after tax was at Rs 246 crore in 2023-24, an increase of 26 per cent from the preceding fiscal.

UCO Bank Q4 results: Standalone net profit down 9.5% to Rs 525 crore

UCO Bank on Monday said that its board has approved the issuance of fresh equity shares with a face value of Rs 4,000 crore in the current fiscal year. The Kolkata-based bank also reported a standalone net profit of Rs 525.77 crore for the fourth quarter ended March 2024, a decrease of 9.5 per cent compared to the corresponding period last year. Subject to shareholder approval, the lender will explore various methods like QIP (Qualified Institutional Placement), FPO (Follow-on Public Offer), etc, for issuing 400 crore equity shares of Rs 10 each, the bank informed bourses. This issuance may occur in multiple tranches during FY25. The capital infusion is expected to support the bank's growth plans. UCO Bank's total income for the quarter grew by 17.44 per cent to Rs 6,984.61 crore. The bank also witnessed an improvement in asset quality, with gross NPA falling to 3.46 per cent compared to 4.78 per cent a year ago. The lender further declared a dividend of Rs 0.28 per share for FY24

ICICI Bank stock update: Analysts up EPS, target price post Q4; detail here

ICICI Bank stock news: ICICI Bank stock price gained 4.8 per cent to hit a fresh record high of Rs 1,161 apiece on the BSE. Analysts see up to 25 per cent upside in stock price

PNB Housing Finance Q4 results: Net profit rises 57% to Rs 439 crore

The net fees and other income increased to Rs 110 crore in Q4 FY24 from Rs 33 crore in the corresponding quarter of the year-ago period

Shoppers Stop Q4 results: Consolidated net profit rises 62% to Rs 23 cr

Retail chain Shoppers Stop Ltd on Monday reported a 62.55 per cent rise in consolidated net profit at Rs 23.18 crore in the fourth quarter ended March 31, 2024. The company had posted a consolidated net profit of Rs 14.26 crore in the same period a year-ago, Shoppers Stop said in a regulatory filing. Consolidated revenue from operations during the quarter under review stood at Rs 1,046.34 crore as against Rs 923.90 crore in the corresponding period of the previous fiscal. Total expenses in the fourth quarter were higher at Rs 1,049.28 crore compared to Rs 928.78 crore in the same period a year ago. For the fiscal ended March 31, 2024, the company said its net profit was at Rs 77.25 crore, down from Rs 116.01 crore in the previous year. Consolidated revenue from operations in FY24 stood at Rs 4,316.59 crore, up from Rs 4,022.13 crore in FY23, the company said. Shoppers Stop Managing Director & CEO Kavindra Mishra said the company "delivered consistent performance despite continued

KPIT Tech Q4 results: Net profit rises 49% to Rs 165 cr on revenue growth

Auto industry-focused KPIT Technologies on Monday reported a 49 pc jump in March quarter net profit to Rs 165.9 crore, helped by a strong revenue growth and widening of profit margins. The Pune-headquartered company's FY24 net profit grew to Rs 598.51 crore from Rs 386.8 crore in the year-ago period. For the reporting quarter, its revenues rose nearly 30 per cent to Rs 1,317.8 crore, while the operating profit margin widened 1.7 per cent to 20.7 per cent. The company announced that it will aim for an 18-22 per cent growth in the topline in the new fiscal, and will get the profit margin number above 20.5 per cent. About the slower revenue growth target for FY25, and if the company is being conservative, its Co-Founder, Chief Executive and Managing Director Kishor Patil told reporters that while it has been consistently showing growth of over 30 per cent in the last four years, it is also true that many changes are happening in the sector and it has taken a "pragmatic" call on the .

Birlasoft Q4 results: Profit rises 60% to Rs 180 cr, revenue up 11%

IT company Birlasoft on Monday reported a 60.55 per cent increase in consolidated net profit to Rs 180.08 crore during the March quarter. The company had recorded a net profit of Rs 112.16 crore in the year-ago period. The Pune-based company's revenue from operations stood at Rs 1,362.5 crore in the fourth quarter of FY24, up 11.10 per cent from Rs 1,226.3 crore a year earlier. According to a company statement, growth during the March quarter was driven by ERP and infrastructure among service lines and banking, financial services and insurance (BFSI), E&U (Energy and Utilities) and manufacturing among verticals. The revenue was led by manufacturing (Rs 571.02 crore), followed by Life Sciences and Services (Rs 301.49 crore), BFSI (Rs 288.36 crore), and E&U (Rs 201.66 crore). "We are pleased to report a robust operating performance for both the quarter and the full year, delivering revenue growth as well as margin expansion in the face of continued macro uncertainty," Birlasoft .

Stock Market Highlights, April 29: Sensex soars 941 pts led by ICICI Bk, SBI; Nifty nears 22,650

Stock market highlights on April 29, 2024: ICICI Bank led the banking index with the gains of over 4.30 per cent. ICICI Bank was also the top gainer on both BSE and NSE, when the market closed

YES Bank Q4 results: Net Profit up 123.2% at Rs 452 cr, NII at Rs 2,153 cr

Its gross non-performing asset ratio improved to 1.7 per cent at the end of March from 2 per cent at the end of December

Bank shares dazzle; ICICI m-cap hits Rs 8 trn; SBI, Indian Bk soar up to 5%

Bank Nifty hit a new all-time high on Monday led by a rally in ICICI Bank post inline Q4 results. Analysts upbeat on future prospects of the private sector bank.

Maruti Suzuki falls marginally despite strong Q4; brokerages remain upbeat

The fall came as investors booked profit after the company posted strong March quarter performance

YES Bank shares zoom 9% as profit jumps 123%, asset quality improves

YES Bank's profit jumped over 123 per cent to Rs 452 crore in Q4FY24, as opposed to Rs 202.43 crore reported in Q4 FY23

Brokerages bullish on HCLTech despite weak FY25 guidance; stock falls 6%

At 10:00 AM, the stock was the top loser on 30-share Sensex. By comparison, S&P BSE Sensex was up 0.37 per cent at 74,002.66 levels