Page 73 - Latest Updates on Q4 Results

Macrotech Developers Q4: PAT down 11% to Rs 665 cr, FY24 profit up 300%

Realty firm Macrotech Developers on Wednesday reported an 11 per cent decline in consolidated net profit to Rs 665.5 crore in the March quarter. However, for the full fiscal year, the company registered a three-fold jump in profit to Rs 1,549.1 crore. Its net profit stood at Rs 744.4 crore in the fourth quarter of 2022-23 and Rs 486.7 crore in the entire 2022-23 fiscal. The company's total income grew to Rs 4,083.9 crore in the quarter under review from Rs 3,271.7 crore in the year-ago period, the company said in a regulatory filing. During 2023-24, the company's total income rose to Rs 10,469.5 crore from Rs 9611.2 crore in the 2022-23 fiscal. Macrotech is one of the leading real estate firms in the country. The company markets its properties under Lodha brand.

Nippon Life Q4 results: AMC reports 73% rise in profit, revenue rise 34%

Shares of the company closed at Rs 586, with a gain of Rs 24, or 4.3 per cent

LTIMindtree Q4 results: Profit dips 1.2% to Rs 1,100 cr, revenue up 2.3%

Indian IT company LTIMindtree on Wednesday reported a 1.2 per cent decline in consolidated net profit to Rs 1,100.7 crore for the March quarter. The company had posted a net profit of Rs 1,114.1 crore in the year-ago period. Revenue from operations was pegged at Rs 8,892.9 crore in the fourth quarter of FY24, up 2.32 per cent from Rs 8,691 crore in the year-ago period, according to a BSE filing. For the full FY24, the net profit stood 4 per cent higher at Rs 4,584.6 crore. The revenue from operations for the full FY24 was Rs 35,517 crore, 7.03 per cent higher than the previous fiscal, as per the filing. "We closed FY24 amidst a tough macro environment and delivered a resilient performance with full-year revenue growth of 4.4 per cent in USD terms and an EBIT margin of 15.7 per cent," Debashis Chatterjee, Chief Executive Officer and Managing Director of LTIMindtree, said in a release. The company's order inflow for the full year was at USD 5.6 billion, registering a 15.7 per cent

HUL Q4FY24 results: Consolidated net profit dips 1.5% to Rs 2,561 crore

Hindustan Unilever Ltd's shares closed at Rs 2,260.05 on Wednesday ahead of its financial results

Equitas SFB Q4 result: PAT at Rs 207 cr, total income surges to Rs 1,685 cr

Equitas Small Finance Bank Ltd has registered a net profit after tax at Rs 207.62 crore for the January-March 2024 quarter, the bank said on Wednesday. The private sector lender had registered a profit after tax at Rs 190.03 crore during the corresponding quarter of last financial year. For the year ending March 31, 2024 the net profit after tax stood at Rs 798.96 crore, as against Rs 573.59 crore registered year ago, the bank said in a BSE filing. Total income during the quarter under review surged to Rs 1,685.10 crore from Rs 1,394.41 crore registered during the same quarter of last financial year. For the year ending March 31, 2024 the total income went up to Rs 6,285.07 crore as against Rs 4,831.46 crore registered during the corresponding period of last financial year. Meanwhile, the Board of Directors at its meeting held today proposed a dividend of Re 1 per share subject to the approval at the ensuing Annual General Meeting of the bank. The Board also approved the appointmen

Stock Market Highlights, April 24: RIL, IT shares cap gains on Sensex, Nifty; metals shine

Stock market Update on Wednesday, April 24: Strong global cues, HUL and Axis Bank Q4 results and monthly F&O expiry in focus today.

Chennai Petroleum stock up 17% on strong Q4 results, dividend announcement

Chennai Petroleum stock price: Chennai Petroleum Corporation stock soared 16.5 per cent to Rs 1,081.65 apiece, also its fresh record high, on the BSE in Wednesday's intraday trade

Cyient DLM stock surges 13% on strong Q4 show; upbeat FY25 outlook

Earnings impact on Cyient DLM stock price: Stock up 13% after Q4 net zooms 81% in Q4FY24; Stock brokers and company management are upbeat on FY25, FY26 outlook.

Stocks to Watch, April 24: Axis Bk, HUL, Tata Consumer, MCX, IIFL Finance

Stocks to Watch on Wednesday, April 24, 2024: Axis Bank, Hindustan Unilever, LTIMindtree, The Indian Hotels Co., and AU Small Finance Bank are among the companies which will report Q4FY24 result today

India VIX, HUL Q4, Axis Bank Q4: Factors that will guide Nifty on April 24

Stock market preview Wednesday, April 24: Global cues remain supportive; HUL, Axis Bank results coupled with upcoming monthly F&O expiry may induce market volatility today.

Downside risk in Persistent Systems remains despite price correction

Margins were impacted by one-time transition costs due to onsite ramp-up using subcontractors, lower utilisation on account of lateral hiring for ramp-up and higher travel expenses

M&M Finance detects Rs 150 cr vehicle loan fraud, postpones board meeting

Stock down 5.5 per cent at close on BSE

Brokerages raise targets on RIL stock post Q4; check latest prices here

The bullish outlook stems from Reliance Jio's potential tariff hikes, given the competitive landscape, along with slow but steady improvement in the oil-to-chemical (O2C) vertical

ICICI Pru Life Q4 results: Net profit drops 26% to Rs 173.76 crore

The management said that the change in commission structure led to the increase in expenses

Tata Elxsi Q4 results: Profit declines 2% to Rs 196.93 cr, misses estimates

Tata Elxsi, a provider of design-led technology services, on Tuesday reported a 2.2 per cent decline in net profit at Rs 196.93 crore in the fourth quarter ended in March. The company had posted a net profit of Rs 201.51 crore in the same period of the previous fiscal, Tata Elxsi said in a regulatory filing. Revenue from operations in the quarter under review stood at Rs 905.94 crore as against Rs 837.91 crore in the year-ago period, it added. The company said its total expenses were higher at Rs 677.21 crore compared to Rs 613.39 crore a year ago. For the fiscal ended March 31, 2024, the company's net profit was Rs 792.23 crore over Rs 755.19 crore reported in FY23, it said. In FY24, revenue from operations stood at Rs 3,552.14 crore from Rs 3,144.72 crore a year ago, the company said. The company's board has recommended a final dividend of 700 per cent, which is Rs 70 per equity share of par value of Rs 10 each, for the financial year ended March 31, 2024, subject to approval b

Tata Consumer Products Q4 results: Net profit declines 19.3% to Rs 217 cr

The company's coffee business in India witnessed revenue growth of 45% in the quarter ended March, while its foods business grew by 20%

Sify Technologies Q4 results: Profit of Rs 3.8 cr, yearly profit declines

Integrated ICT solutions and services provider Sify Technologies has reported Rs 38 million as profit for the January-March 2024 quarter, the company said on Tuesday. The city-based company had registered a profit of Rs 34 million during the corresponding quarter of last year. For the year ending March 31, 2024, the profit fell to Rs 49 million from Rs 674 million a year ago. Total revenue during the quarter under review grew to Rs 9,637 million from Rs 8,861 million in the same period last year. For the year ending March 31, 2024, total revenues grew to Rs 35,634 million, as against Rs 33,404 million in the previous financial year. "Our robust infrastructure investments and comprehensive services portfolio are structured to precisely address customer objectives. Concurrently, we maintain proactive engagement with clients, identifying their distinct requirements and customising our offerings to align with their evolving needs," company CEO Kamal Nath said in a statement today. "As

Tata Consumer Products Q4 results: Net Profit falls 19% to Rs 217 crore

Tata Consumer Products reported a consolidated revenue from operations at Rs 3,927 crore for Q4FY24, up 8.5% Y-o-Y

This Vijay Kedia-owned stock surges 19% on heavy volumes, nears record high

Sudarshan Chemical Industries share price update: The stock of dyes and pigments company was trading at its highest level since August 2021.

Axis Bank Q4 preview: PAT may stay tepid, NIM could contract, say analysts

Axis Bank Q4FY24 results preview: Analysts expect Axis Bank's loan book to rise 15 per cent year-on-year