Page 70 - Latest Updates on Q4 Results

NDTV Q4 result: Net loss at Rs 8.74 cr, revenue up 59% on digital expansion

News broadcaster NDTV Ltd on Friday reported a 59 per cent jump in March quarter revenue as it expanded digital footprint, gaining a 39 per cent rise in traffic. Consolidated net loss of Rs 8.74 crore in January-March compared with loss of Rs 1.35 crore profit in the same period a year back, according to a stock exchange filing by the company. Loss, however, narrowed from Rs 10.13 crore in the December quarter as its digital footprint expanded and gained traction. Revenue from operations rose to Rs 106.52 crore from Rs 66.96 crore in the January-March period. "NDTV Convergence, the company's digital arm also witnessed a significant 39 per cent increase in global digital traffic in March 2024 over April 2023 on its platforms," a company statement said. "The NDTV Group's ability to adapt to evolving consumer preferences and market dynamics has been instrumental in driving this impressive growth," it said. Attrition was down 58 per cent from previous year. During the financial year

Quick Heal Technologies Q4 results: Net profit at Rs 14 cr, revenue up 62%

Global cybersecurity firm Quick Heal Technologies has reported a consolidated net profit of Rs 14.04 crore in the March 2024 quarter. The company had suffered a loss of Rs 6.64 crore in the corresponding quarter of the previous fiscal. Its revenue from contracts with customers rose 62.39 per cent to Rs 80.03 crore against Rs 49.28 crore in Q4 FY23, according to a regulatory filing by the company on Thursday. For FY24, it has reported about four-fold increase in net profit to Rs 24.24 crore from Rs 6.40 crore in FY23. Its revenue for FY24 increased 4.91 per cent year-on-year to Rs 291.75 crore. Quick Heal Technologies CEO Vishal Salvi in a statement said the company's board has approved further investments in new solutions and products to strengthen its portfolio. "We eagerly anticipate the enforcement of the recently announced DPDP Act and are prepared to leverage our data classification solutions to support its implementation," he added. The company's board has proposed a divid

Bank of Maharashtra Q4 results: Net profit up 45% at Rs 1,218 crore

Public sector lender mulls Rs 7,500 crore equity capital raise

Aditya Birla Sun Life AMC Q4 results: Profit grows 54% to Rs 208 crore

Aditya Birla Sun Life AMC on Friday reported a 54 per cent increase in net profit to Rs 208.4 crore for three months ended March 2024. In comparison, the company had posted a net profit of Rs 135.57 crore in the same quarter of the preceding fiscal, the asset management firm said in a filing to the stock exchanges. Total income surged 34 per cent to Rs 440 crore in the January-March period of FY24 from Rs 329 crore in the year-ago period. The company's board of directors in its meeting recommended a dividend of Rs 13.50 per equity share for FY24. For the entire FY24, the company's total income stood at Rs 1,640 crore, marking a jump of 21 per cent year-on-year and net profit was at Rs 780.36 crore in 2023-24, an increase of 31 per cent from the preceding fiscal. ABSL AMC is a leading asset management company in the country with quarterly average assets under management of Rs 3.32 lakh crore as of March this year. Aditya Birla Sun Life AMC, a joint venture between the Aditya Birl

Eveready Q4 results: Profit rises to Rs 8 cr, revenue dips to Rs 281 crore

Eveready Industries India announced a fourth-quarter profit of Rs 8 crore for the period ended March 2024, compared to a loss of Rs 14.39 crore in the corresponding quarter of FY'23, amidst a marginal dip in operational revenue to Rs 281 crore. However, sequentially, the profit saw a marginal decline compared to the December 2023 quarter. The company reported revenues for the full FY24 at Rs 1,314.2 crore, marking a slight decline of one per cent from Rs 1,327.7 crore in FY23. Profit After Tax (PAT) for the year saw a substantial increase of 231 per cent to Rs 66.7 crore in FY'24, against Rs 20.1 crore in FY'23. "Revenue remained moderated primarily due to weak rural demand impacting batteries and flashlights, and industry-wide price deflation affecting the lighting segment. We believe this to be a temporary phenomenon, and we remain optimistic that FY25 will see a turnaround," Suvamoy Saha, Managing Director at Eveready Industries, said.

Mahindra Holidays & Resorts Q4 results: PAT jumps 47.7% to Rs 83.2 cr

Mahindra Holidays & Resorts India Ltd on Friday reported a 47.7 per cent rise in consolidated profit after tax of Rs 83.2 crore for the March 2024 quarter against Rs 56.3 crore a year ago. For the entire 2023-24, the company reported a consolidated profit after tax of Rs 116.05 crore against Rs 113.82 crore in the preceding fiscal, according to a regulatory filing. During the January-March quarter, Mahindra Holidays & Resorts India Ltd reported a total income of Rs 830.34 crore compared to Rs 735.26 crore a year ago. Its total expenses during the quarter under review rose to Rs 720.86 crore from Rs 658.23 crore in the January-March period of the previous year. The company said it has recorded robust member additions at 20,019 during 2023-24, up 15 per cent year-on-year. The company's shares closed at 434.10 apiece, up 1.99 per cent from their previous close on the BSE.

HCLTech Q4 results: Net profit flat at Rs 3,995 crore, revenue up 7%

The board of directors has declared an interim Dividend of Rs 18 per equity share of Rs 2 each of the company for the financial year 2024-25

Mphasis Q4 results: Net profit declines 3% to Rs 393 crore

IT company Mphasis posted a 2.98 per cent decline in consolidated net profit to Rs 393.2 crore in the March quarter of FY24. The company posted a net profit of Rs 405.3 crore in the same period a year ago. The consolidated revenue from operations of Mphasis Group, however, increased marginally to Rs 3,142 crore during the fourth quarter of the previous fiscal from Rs 3,361.2 crore a year ago, the company said in a regulatory filing. During the reporting quarter, Mphasis registered new TCV (total contract value) wins of USD 177 million (about Rs 1,475 crore). "We are experiencing strong growth momentum in Artificial Intelligence (AI) powered deal archetypes, as we look to capture the enterprise demand for AI adoption. "Our ability to orchestrate the ecosystem by bringing technology and people together to solve for customer needs strongly positions us for growth in FY25, while we continue to work around the uncertainties in the overall economic environment," Mphasis, Chief Executive

Maruti Suzuki Q4 results: Net profit up 47% at Rs 3,877 cr, revenue up 19%

The automaker has declared its highest-ever dividend of Rs 125 per share. Shares of Maruti closed trading at Rs 12,687.05 on Friday

SBI Life Insurance Q4 results: PAT rises 4.4% to Rs 811 cr, VNB up 9%

The value of new business (VNB) - the expected profit from new policies - rose 9.5% to 55.50 billion rupees ($666.1 million). The VNB margin contracted to 28.1% from 30.1% a year earlier

Bank of Maharashtra Q4 profit jumps 45% to Rs 1,218 cr, bad loans decline

State-owned Bank of Maharashtra (BoM) on Friday reported a 45 per cent jump in its net profit to Rs 1,218 crore for the March quarter, helped by a decline in bad loans and a rise in interest income. The Pune-based lender had earned a net profit of Rs 840 crore in the year-ago period. During the quarter, the bank's total income increased to Rs 6,488 crore as against Rs 5,317 crore a year ago, BoM said in a regulatory filing. Interest income grew to Rs 5,467 crore during the period under review, from Rs 4,495 crore in the corresponding quarter a year ago. The bank's board has recommended a dividend of Rs 1.40 per share or 14 per cent of Rs 10 face value out of the net profits for the year ended March 31, 2024. On the asset quality side, the bank's Gross Non-Performing Assets (NPAs) were reduced to 1.88 per cent of gross advances as of March 31, 2024, from 2.47 per cent by the end of March 2023. Net NPAs also came down to 0.20 per cent of the advances from 0.25 per cent at the end o

HUDCO stock hits record high; zooms 15% on heavy volumes

HUDCO stock price update: HUDCO zoomed 15% on hopes of strong earnings growth going ahead. The stock has rallied 43% from its recent low.

ICICI Bank to report Q4 results on April 27; here's what analysts expect

ICICI Bank Q4 results preview: Analysts said ICICI Bank's margin trajectory and outlook, and deposit traction will be among the key monitorables

Tech Mahindra Q4: Stock zooms 13% as management eyes 'turnaround' in FY25

Tech M stock price: The management indicated that FY25 will be a year of turnaround followed by stabilisation in FY26 and strong returns from FY27

Tech Mahindra Q4 results: Net profit drops 40% to Rs 661 cr; income down 5%

Tech Mahindra Q4FY24 results: The company announced an interim dividend of Rs 28 per share

Stocks to Watch, April 26: Bajaj Fin, IndusInd, Maruti, IndiGo, HCL Tech

Stocks to Watch on Friday, April 26, 2024: IndiGo has placed an order with European plane maker Airbus for 30 A350-900 widebody aircraft at a deal estimated to be between $4 billion and $5 billion

Global markets, US yield, Q4 results to set Sensex, Nifty trend on April 26

Stock market preview Friday, April 26: Global cues mixed, but sharp rise in 10-yr US bond yield to 4.73 per cent may weigh on the trading sentiment. Individual stocks to remain in focus on Q4 results.

Coromandel International Q4 results: Profit falls 35% to Rs 163 crore

Revenue from operations fell about 28% to Rs 3,913 crore, making it the company's fourth consecutive quarter of decline

ACC Q4 results: PAT grows over three-fold to Rs 749 crore, revenue up 13%

Revenue from operations rose nearly 13% to Rs 5398 crore, helped by a 22.4% rise in consolidated sales volumes

Q4 results: Weak communications show dials down Tech Mahindra revenue

Ahead of the earnings, Tech Mahindra's shares were up 0.3 per cent to close at Rs 1,190.10 on the Bombay Stock Exchange.