Page 86 - Latest Updates on Q4 Results

Ashok Leyland Q4 consolidated net up four-fold to Rs 803 cr

Revenue from operations up 33% to Rs 13,203 cr in Q4 of FY23

Dynamic Cables Q4 profit up 18% to Rs 10 cr, income grows to Rs 179.60 cr

Dynamic Cables on Tuesday said its consolidated net profit climbed a 17.92 per cent to around Rs 10 crore during the quarter ended March 31, boosted by higher income. It had clocked a net profit of Rs 8.48 crore in the January-March quarter of FY22, the company said in a regulatory filing. The company's total income rose to Rs 179.60 crore, from Rs 173.28 crore in the fourth quarter a year-ago. The expenses of the company stood at Rs 166.54 crore, as against Rs 161.90 crore a year ago. The company's board of directors has approved a final dividend of Rs 0.50 per share of Rs 10 each for FY23, according to a statement. In a separate statement, the company said, "its sales were at Rs 178.5 crore for Q4 FY23 and Rs 668.6 crore for FY23. During Q4, the EBITDA margin was 10.6 per cent as compared to 9.3 per cent in the previous quarter (October-December 2022)." "We have concluded the financial year 2023 on a positive note. Achieving this growth despite a high base and volatile commodit

IPO-bound Netweb Technologies PAT more than doubles to Rs 47 cr in FY23

IPO-bound IT hardware company Netweb Technologies has posted over two-fold jump in its profit after tax at Rs 46.93 crore in the financial year ended March 31, 2023, according to a regulatory filing. The company had posted a profit after tax of Rs 22.45 crore in the financial year (FY) 2021-22. The revenue from operations of Netweb Technologies grew 80 per cent to Rs 444.97 crore in FY'23 from Rs 247 crore a year ago, according to a ROC filing. The company had filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) in March 2023 to raise funds through an Initial Public Offering (IPO). The IPO consists of a fresh issue of equity shares worth up to Rs 257 crore and an offer-for-sale (OFS) of up to 85 lakh equity shares by selling shareholders. Netweb Technologies said it has demonstrated improved profitability with EBITDA margins expanding to 15.86 per cent in FY'23 compared to 14.32 per cent in FY22. Similarly, the profit after tax (PAT)

JSW Energy Q4 results: Consolidated net profit falls 68% to Rs 272 crore

The company's consolidated revenue from operation rose by 9.38 per cent to Rs 2,670 crore for the March quarter as compared to Rs 2,441 crore in the year-ago period

Schneider Electric Infra profit grows to Rs 44.8 cr in March quarter

Schneider Electric Infrastructure (SEIL) Ltd on Tuesday posted a multi-fold jump in its net profit to Rs 44.8 crore during the January-March quarter, boosted by higher income. It had clocked a net profit of Rs 7 lakh during the January-March quarter of the preceding 2021-22 fiscal, the company said in a regulatory filing. The company's total income rose to Rs 414.4 crore in the reported quarter from Rs 343.1 crore in the year-ago quarter. Expenses were at Rs 369 crore as against Rs 340.4 crore a year ago. SEIL manufactures a wide range of products that includes transformers, power transformers, switchgears, medium voltage switchgears among others. It has four manufacturing facilities -- two in Vadodara, and one each in Kolkata and Chennai.

Akzo Nobel India consolidated net profit rises 27% to Rs 95.4 crore in Q4

Paints and coatings maker Akzo Nobel India Ltd on Tuesday reported a 2 per cent decline in its consolidated net profit to Rs 95.4 crore for the fourth quarter ended on March 31, 2023. The company had posted a net profit of Rs 97.4 crore during the January-March quarter a year ago, Akzo Nobel said in a regulatory filing. Its revenue from operations was up 9.72 per cent to Rs 951.4 crore during the quarter under review as against Rs 867.1 crore in the corresponding period of the previous fiscal. Total expenses of Akzo Nobel were at Rs 824.9 crore, up 33.73 per cent in the last quarter of FY23 as against Rs 514.42 crore a year ago. For the fiscal ended March 2023, Akzo Nobel India's net profit was up 15.51 per cent to Rs 335.1 crore. It reported a net profit of Rs 290.1 crore in FY22. Its consolidated revenue from operations was Rs 3,802.1 crore in FY23, 20.75 per cent higher than the preceding fiscal. Shares of Akzo Nobel India on Tuesday settled at Rs 2,506.20 on BSE, up 2.75 per

SJVN Q4 profit rises over two-fold to Rs 17 cr, income grows to Rs 582 cr

State-owned SJVN's consolidated net profit jumped over two-fold to Rs 17.21 crore during the quarter ended March 31, boosted by higher income. It had clocked a net profit of Rs 7.49 crore in the January-March quarter of the preceding financial year (FY22), the company said in a regulatory filing on Monday. The company's total income rose to Rs 582.78 crore, from Rs 393.87 crore in the year-ago quarter, the hydropower producer said. The expenses of the company stood at Rs 328.98 crore, as against Rs 366.13 crore a year ago. The board of directors of the company has also approved a final dividend of Rs 0.62 per share of Rs 10 each for FY23. In a separate statement, SJVN CMD Nand Lal Sharma said the company has "recorded highest ever" revenues of Rs 3,299 crore during financial year 2022-23. For the entire fiscal, the profit after tax (PAT) of Rs 1,363.45 crore was 39.48 per cent higher over Rs 977.52 crore in FY22. The net worth of SJVN has also increased by Rs 694 crore to Rs 13,

GE T&D India's loss narrows on lower input costs in March quarter

BENGALURU (Reuters) - GE T&D India Ltd, which manufactures power transmission and distribution equipment, reported a narrower fourth-quarter loss on Tuesday, as the company kept a tight lid on expenses.

Sansera Engineering net profit dips 5% YoY to Rs 35 cr in March quarter

Sansera Engineering on Tuesday said its consolidated net profit dipped five per cent to Rs 35.42 crore in the March quarter. The consolidated net profit of the company was Rs 37.36 crore in the quarter ended on March 31, 2022, a company statement said. Total income increased to Rs 623.04 crore in the quarter under review, from Rs 580.82 crore in the same period a year ago. However, the consolidated net profit in the fiscal 2022-23, grew 12 per cent to Rs 148.34 crore, from Rs 131.89 crore in the same period in 2021-22. The total income rose to Rs 2,356.11 crore in the fiscal ended March 31, from Rs 2,004.53 crore in 2021-22. The board of directors has recommended a dividend of 125 per cent of the face value of Rs 2.50 per equity share for FY'23. "We finished another year with our best-ever performance with a topline of Rs 23,561 million and 16.8 per cent EBITDA. The momentum is expected to continue as we start the current fiscal year with a solid order book for Rs 13,279 million,

Sensex, Nifty end flat; Adani shares rally for 3rd day, SpiceJet sinks 14%

Stock market live updates: The SGX Nifty, on Tuesday, indicated a firm start as it quoted 18,359 levels, up 24-odd points

Ashok Leyland Q4 results: Profit falls 17% to Rs 751 crore, revenue up 33%

The company's consolidated revenue from operation rose by 32.95 per cent to Rs 11,626 crore for the March quarter

EIH Ltd reports its highest ever full-year consolidated revenue in FY22-23

EIH Limited, India's premium hospitality company, reported its consolidated financials for the fourth quarter and full year ending March 31st, 2023

Varroc Engineering swings to profit on strong demand in March quarter

Revenue from operations rose nearly 2.3% to 16.90 billion rupees, outpacing expenses, which grew 0.8%

Garware Technical Fibres Q4 consolidated PAT up 11% QoQ at Rs 59.6 cr

Technical textiles manufacturer Garware Technical Fibres on Tuesday reported an 11 per cent growth in consolidated profit after tax (PAT) at Rs 59.6 crore during the quarter ended March 31. The company's PAT stood at Rs 53.9 crore during the corresponding quarter of the previous fiscal, Garware Technical Fibres said in a regulatory filing. Revenue from operations of the company witnessed a 3.97 per cent growth at Rs 370.48 crore during the quarter under review, compared to Rs 356.31 crores in the same period of the previous year. "Current quarter results have shown better performance on all fronts. Operating EBITDA margins improved to 21.5 per cent in Q4 FY23 vs 20.6 per cent in Q4 FY22, primarily on account of strong pull from customers for new aquaculture products in Chile and Scotland. "Geosynthetics business has registered excellent growth during the current quarter and overall for the year," Garware Technical Fibres CMD Vayu Garware said. Due to a focused and concentrated ...

Bajaj Electricals Q4 profit up 34% YoY to Rs 52 cr, total revenue rises 12%

Bajaj Electricals on Tuesday reported 34.08 per cent rise in consolidated net profit at Rs 51.85 crore for the fourth quarter ended March 31, 2023. The company had posted a net profit of Rs 38.67 crore in the year-ago period, Bajaj Electricals said in a regulatory filing. Revenue from operations was up at Rs 1,473.54 crore during the quarter under review as against Rs 1,293.26 crore in the year-ago period. Total expenses were at Rs 1,442.73 crore as compared to Rs 1,299.61 crore a year ago. The total revenue of Bajaj Electricals in March quarter 2023 was at Rs 1,522.11 crore, up 12.3 per cent from the year-ago period. Revenue from the consumer products segment was up 8.64 per cent at Rs 986.53 crore in the quarter. It was at Rs 907.99 crore a year ago. The lighting solutions segment contributed Rs 305.44 crore revenue as against Rs 302.30 crore in Q4 FY22. Revenue from engineering, procurement and construction (EPC) was up 59.75 per cent to Rs 198.14 crore in Q4 FY23. In the fi

IndusInd Bank gains 15% in one month; nears 52-week high on healthy outlook

The management introduced planning cycle - 6 (FY23-26) wherein they have guided for 18-23% YoY credit growth, mainly-driven by retail (55-60% proportion) and PPOP margins to be 5.25-5.75%.

eMudhra hits new high, zooms 57% in one month post Q4 results

The company said strong growth led by Enterprise Solutions; change in model for Trust Services resulting in diversification and better quality of revenue for trust services.

Analysts see rich valuations for paint, tyre stocks; time to book profit?

Shares of related companies have gained up to 84 per cent, as against a 14 per cent rise in the S&P BSE Sensex

SJVN Q4 profit grows over two fold to Rs 17 cr, boosted by higher income

State-owned SJVN's consolidated net profit jumped over two-fold to Rs 17.21 crore during the quarter ended March 31, boosted by higher income. It had clocked a net profit of Rs 7.49 crore in the January-March quarter of the preceding financial year (FY22), the company said in a regulatory filing on Monday. The company's total income rose to Rs 582.78 crore, from Rs 393.87 crore in the year-ago quarter, the hydropower producer said. The expenses of the company stood at Rs 328.98 crore, as against Rs 366.13 crore a year ago. The board of directors of the company has also approved a final dividend of Rs 0.62 per share of Rs 10 each for FY23.

Stocks to Watch today, May 23: PolicyBazaar, BPCL, Vedanta, NMDC, JSW Steel

Stocks to watch on May 23, 2023: Amara Raja Batteries, Ashok Leyland, Biocon and NMDC among prominent companies to announce Q4 results on Tuesday