Page 75 - Latest Updates on Q4 Results

Hero MotoCorp Q4 result: Net profit increases by 16.4% to Rs 943 crore

The two-wheeler maker's profit for FY24 surged 33.6% Y-o-Y on the back of price hikes and strong demand

L&T Q4 results: Profit rises 10% to Rs 4,396 crore, beats estimates

Revenue for L&T also rises 15 per cent year-on-year (YoY) to Rs 67,079 crore

TVS Motor Q4 result: Net profit up 15% to Rs 387 cr, revenue jumps 25%

TVS Motor Q4 result: The company's revenue from operations jumped to Rs 10,042 crore in Q4FY24 compared with Rs 8,031 crore in the fourth quarter of FY23

Piramal Enterprises Q4 results: PAT at Rs 137 cr on AIF provisions reversal

The company had posted a loss of Rs 2,378 crore in the December quarter when it had set aside Rs 3,540 crore for such provisions

Godrej Agrovet Q4 results: Net profit jumps to Rs 65.48 cr, revenue up 1.8%

Godrej Agrovet (GAVL) on Wednesday said its consolidated net profit jumped to Rs 65.48 crore in the March 2024 quarter from Rs 23.47 crore a year ago. Its total revenue from operations grew 1.87 per cent to Rs 2,134.28 crore during the quarter under review compared to Rs 2,094.99 crore in the year-ago period. "The financial year 2023-34 augured well for Godrej Agrovet in terms of a robust surge in profitability over FY23. This growth in profitability was primarily driven by the exceptional performance of the domestic crop protection business, structural turnaround of the dairy business, market share gains in Animal Feed and robust volume and margin growth in branded products in our poultry business," Godrej Agrovet Managing Director B S Yadav said. Shares of the company on Wednesday closed at Rs 586 apiece, up 4.23 per cent on BSE.

Kirloskar Oil Engines Q4 results: Net profit rises 26% to Rs 128 crore

Engine oil maler Kirloskar Oil Engines Limited on Wednesday reported a 26 per cent growth in standalone net profit to Rs 128 crore in the fourth quarter ended March 2024. The Pune-based firm had posted a consolidated net profit of Rs 94 crore in the fourth quarter of FY23, according to a statement. Its net sales during the quarter under review rose 21 per cent to Rs 1,378 crore from Rs 1,141 crore a year ago, the company said. For the full fiscal 2023-24, the company's net profit increased 26 per cent to Rs 375 crore against Rs 298 crore delivered in FY23, it added. Its net sales for FY24 grew 18 per cent to Rs 4,806 crore from Rs 4,073 crore in FY23. The company also said its full-year export revenue for the first time crossed Rs 500 crore in the previous fiscal. Undoubtedly, it has been a challenging year operationally, navigating the transitions associated with emission norm changes. However, the company has successfully managed this transition, Kirloskar Oil Engines said.

Canara Bank Q4 result: Net profit increases by 18% to Rs 3,557 cr

Minimal impact expected from RBI's draft project finance norms

Kalpataru Projects Q4 results: Net profit rises 21% to Rs 169 crore

Kalpataru Projects International on Wednesday posted about 21 per cent rise in its consolidated net profit to Rs 169 crore for the March quarter, mainly on the back of higher revenues. Its consolidated profit was Rs 140 crore in the year-ago quarter, a BSE filing showed. The total income of the company rose to Rs 5,991 crore in the fourth quarter from Rs 4,896 crore a year ago. For the fiscal 2023-24, its consolidated net profit rose to Rs 516 crore from Rs 435 crore in the year-ago period. In FY24, its total income increased to Rs 19,690 crore from Rs 16,401 crore in 2022-23. The company's board also recommended a final dividend of Rs 8 per equity share of the face value of Rs 2 each (ie 400 per cent) for the financial year ended March 2024, subject to approval by shareholders at the ensuing annual general meeting (AGM). The company will inform, in due course, the date on which it will hold the AGM for the year ended March 2024 and the date from which the dividend will be paid.

Dr Reddy's Labs slumps 5% as brokerages give 'Reduce' call post Q4 earnings

The miss was driven by lower Revlimid sales, muted growth across markets and higher R&D spends. While the prevailing US tailwinds provide stability, absence of any meaningful approvals for Dr Reddy's

Bajaj Consumer Care Q4 results: Net profit slips 12% to Rs 35.58 crore

FMCG firm Bajaj Consumer Care Ltd on Wednesday reported a 12 per cent decline in consolidated net profit to Rs 35.58 crore for the fourth quarter ended March 2024. The company had posted a consolidated net profit of Rs 40.46 crore in the same quarter of the previous fiscal, Bajaj Consumer Care said in a regulatory filing. Its consolidated total revenue from operations during the quarter under review stood at Rs 239.96 crore against Rs 249.42 crore in the year-ago period, it added. The company's total expenses declined to Rs 208.08 crore in the fourth quarter from Rs 210.33 crore a year ago. For the fiscal ended March 2024, its consolidated net profit was higher at Rs 155.43 crore compared to Rs 139.22 crore in FY23, the company said. In FY24, the consolidated total revenue from operations stood at Rs 984.12 crore against Rs 960.87 crore in the preceding fiscal, it added. Bajaj Consumer Care said its board of directors at its meeting held on Wednesday considered and approved the .

L&T Q4 results: Net profit rises 10% to Rs 4,396 cr, revenue up 15%

The company board has recommended a final dividend of Rs 28 per equity share. Shares of the company closed trading at Rs 3,485.2 on the BSE ahead of the company's Q4 results

Pidilite Industries Q4 results: Profit after tax rises 6.44% to Rs 304 cr

Pidilite Industries, which makes adhesives, sealants and construction chemicals, has reported a 6.44 per cent rise in consolidated profit after tax to Rs 304.28 crore in the fourth quarter ended March 2024. The company posted a consolidated Profit After Tax (PAT) of Rs 285.86 crore in the same quarter last year. For the full 2023-24 fiscal, its PAT stood at Rs 1,747 crore, which was 36 per cent higher compared to a year ago. Addressing an earnings call on Wednesday, the company's Managing Director Bharat Puri shared that the full-year revenue was underpinned by distribution expansion supply chain and digital initiatives. The company's total income for the quarter under review rose to Rs 2,950.73 crore as against Rs 2,712.07 crore a year ago, according to a regulatory filing. However, its total expenses also rose to Rs 2,450.87 crore in the January-March period from Rs 2,318,09 crore in the corresponding quarter of the previous fiscal. For the full financial year 2023-24, the comp

Tata Power Q4 results: PAT up 11% at Rs 1,046 crore on higher revenues

Tata Power on Wednesday posted an 11 per cent rise in its consolidated net profit to Rs 1,046 crore in the March quarter compared to the year-ago period mainly on the back of higher revenues. The consolidated profit stood at Rs 939 crore in the quarter ended on March 31, 2023, a BSE filing showed. Total income of the company rose to Rs 16.463.94 crore in the quarter from Rs 13,325.30 crore in the same period a year ago. The consolidated net profit in the fiscal year 2023-24 rose to a record Rs 4,280 crore from Rs 3,810 crore in the year-ago period, the company said in a statement. Total income increased to Rs 63,272.32 crore in FY24 from Rs 56,547.10 crore in 2022-23. According to the statement the company's market capitalisation has surpassed Rs 1.4 lakh crore.. The 2023-24 fiscal saw the company achieve its highest-ever revenue and EBITDA at Rs 61,542 crore and Rs 12,701 crore respectively, backed by a strong rising share from core businesses of Generation, Transmission & ...

HT Media Q4 results: Net loss narrows to Rs 31 lakh, revenue at Rs 464 cr

HT Media Ltd on Wednesday reported a narrowing of consolidated net loss to Rs 31 lakh in the fourth quarter ended March 31, 2024. The company had posted a consolidated net loss of Rs 20.73 crore in the same quarter of the previous fiscal, HT Media said in a regulatory filing. Consolidated revenue from operations during the quarter under review stood at Rs 464.41 crore as compared to Rs 441.4 crore in the corresponding period a year ago. Revenue from printing and publishing of newspapers and periodicals in the quarter was at Rs 375.97 crore as compared to Rs 373.85 crore in the year-ago period, the company said. Radio broadcast and entertainment vertical posted revenue of Rs 47.57 crore as against Rs 36.29 crore in the corresponding period of the previous fiscal. The digital segment clocked revenue of Rs 43.21 crore in Q4FY24 as compared to Rs 31.63 crore in Q4FY23. Total expenses in the fourth quarter were lower at Rs 513.41 crore as compared to Rs 528.87 crore in the same period

Hero MotoCorp Q4 results: Profit after tax up 16.7% at Rs 943.46 crore

Two-wheeler maker Hero MotoCorp Ltd on Wednesday reported a 16.7 per cent rise in consolidated profit after tax to Rs 943.46 crore in the fourth quarter ended on March 31, 2024, riding on higher sales. The company had posted a consolidated profit after tax of Rs 810.8 crore in the same period a year ago, Hero MotoCorp said in a regulatory filing. Consolidated revenue from operations during the quarter under review stood at Rs 9,616.68 crore as against Rs 8,434.28 crore in the corresponding period a year ago, it added. Hero MotoCorp said it sold 13.92 lakh units of motorcycles and scooters in Q4 FY24 as against 12.70 lakh units in Q4 FY23. Total expenses were higher at Rs 8,427.36 crore in the fourth quarter as compared to Rs 7,508.94 crore in the same period a year ago. For the fiscal ended March 31, 2024, consolidated profit after tax was at Rs 3,742.16 crore as compared to Rs 2.799.9 crore in the previous fiscal. Consolidated revenue from operations for FY24 stood at Rs 37,788.

Balaji Amines soars 16% on margin expansion in Q4, 550% dividend bounty

Balaji Amines Q4 results: Ebitda margin expanded to 23.5 per cent from 19.7 per cent Y-o-Y in Q4FY24

Breakout stocks: Dabur, ITC top FMCG picks; can gain up to 13%, charts show

Technical outlook on FMCG stocks: Dabur and ITC look stronger on charts compared to its peers HUL, Marico and Godrej Consumer Products.

United Spirits stock hits new high, jumps 4% on hopes of healthy Q4 results

The premiumization trends in the liquor category (post COVID) continued to drive the Prestige & Above (P&A) portfolio.

Sonata Software plunges 15% on Q4 performance; profit declines 31% in FY24

Sonata Software, an IT firm, reported a 3 per cent year-on-year decline in net profit to Rs 110.36 crore for the fourth quarter ending March 2024, compared to Rs 113.77 crore in March 2023

Jindal Saw sinks 8% despite solid Q4; tech chart shows support at Rs 491

Jindal Saw stock strategy: On a consolidated basis, Jindal Saw reported a jump of 61.5 per cent Y-o-Y in net profit at Rs 480.4 crore in Q4FY24