Page 87 - Latest Updates on Q4 Results

EIH's profit after tax jumps multi-fold to Rs 92 cr in March quarter

Hospitality firm EIH Limited on Monday said its consolidated profit after tax in the fourth quarter ended March grew multifold to Rs 92 crore over the year-ago quarter. Profit after tax grew to Rs 329 crore in FY23 as against the previous year, the company said in a statement. Its consolidated revenue stood at Rs 2,096 crore in the financial year ended March, up 101 per cent from a year ago, it stated. Vikram Oberoi, Managing Director & CEO, EIH Limited, said, FY23 has been a record year for EIH Limited, reporting the highest ever full-year consolidated revenue, EBITDA and PAT. Hotels managed by EIH Limited achieved an industry-leading RevPAR index of 127 per cent for the FY23, on the back of an ARR index of 120 per cent".

Spencer's Retail net loss widens to Rs 61.22 cr in Jan-Mar quarter

RP-Sanjiv Goenka Group arm Spencer's Retail Ltd on Monday said its consolidated net loss widened to Rs 61.22 crore for the fourth quarter ended March 2023. The company had posted a net loss of Rs 42.47 crore in the January-March period a year ago, Spencer's Retail said in a regulatory filing. Its revenue from operations was marginally up at Rs 543.39 crore during the quarter under review against Rs 541.84 crore in the year-ago period. Spencer's Retail's total expenses were Rs 610.78 crore in the quarter. Its total income in the March quarter fell 2.7 per cent to Rs 549.45 crore. Spencer's operates 151 stores with a total trading area of 13.36 lakh square feet as of March 31, 2023. Over the business of Nature Basket, which it has acquired from Godrej Industries, Spencer's Retail said it has reported a standalone turnover of Rs 62 crore. Natures Basket operates 35 stores with a total trading area of 1.07 lakh square feet as of Mar 31, 2023. For the fiscal ended March 2023, Spence

Muthoot Capital Services reports net profit at Rs 26 cr in Jan-Mar quarter

Non-bank lender Muthoot Capital Services has reported a profit of Rs 25.96 crore for the March quarter. The listed entity of Muthoot Pappachan Group had reported a loss of Rs 151.83 crore in the year-ago period. The total income grew 7 per cent to Rs 115.6 crore in the reporting quarter, as against Rs 109.16 crore in the year-ago period. For the full fiscal, the company reported a net profit of Rs 78 crore as against a loss of Rs 161 crore in FY22. The amount disbursed in FY23 increased 15 per cent to Rs 1,318 crore in the year ended 31st March 2023. The total assets under management reached Rs 2,102 crore as on March 31. Company has delivered improvement in all the key metrics, registered a robust growth in income as well as profitability, its managing director Thomas George Muthoot said. He said the net non-performing assets are below the industry average and the post-Covid book has performed well. Its chief executive Mathews Markose said FY23 was a year of consolidation for th

BPCL Q4 results: Net profit rises 159% to Rs 6,478 cr, revenue up 8%

The average gross refining margin for FY23 rose to $20.24 per barrel as against $9.66 a barrel in FY22

Commodity exchange MCX's quarterly profit falls 85% to Rs 5.45 cr

Multi Commodity Exchange of India (MCX) has reported an 85 per cent decline in consolidated profit after tax at Rs 5.45 crore for the quarter ended March. The profit after tax stood at Rs 36.53 crore in the year-ago period, according to a regulatory filing. Its income from operations rose to Rs 133.75 crore in the latest March quarter compared to Rs 106.46 crore in the same period last year. As per the filing, the bourse's Options ADT (Average Daily Turnover) grew 203 per cent in the quarter under review to Rs 45,710 crore compared to the corresponding quarter of FY22. However, Futures ADT fell 22 per cent to Rs 20,632 crore in the fourth quarter of the last fiscal compared to the year-ago period.

Dhanlaxmi Bank Q4 net up 63% to Rs 38 cr on improvement in asset quality

For the whole of FY23, the bank's net profit was up 37% to Rs 49.36 crore

Shree Cement Q4 results: Consolidated net profit falls 15% to Rs 546 cr

The company's net revenue up QoQ by 18% from Rs 4,069 crore to Rs 4,785 crore

Policybazaar Q4 results: Net loss narrows to Rs 9 crore, revenue up 61%

The company's consolidated revenue from operation rose by 60.92 per cent to Rs 869 crore for the March quarter as compared to Rs 540 crore in the year-ago period

Waaree Renewables Technology Q4 net profit grows to Rs 12.3 crore

Waaree Renewables Technology Ltd (WRTL) on Monday posted an 81 per cent jump in consolidated net profit to Rs 12.3 crore in the March 2023 quarter. The company had registered a net profit of Rs 6.8 crore during the January-March quarter of 2021-22, the company said in a press release. However, its revenue declined to Rs 61.5 crore from Rs 76.7 crore in the year-ago quarter. The board of directors have declared a dividend of Re 1 per equity share having a face value of Rs 10 each for the year ended March 2023. As of date, the company said its unexecuted order book is 817 MW. The projects are to be executed over the next 12-15 months. Waaree Renewables has won a contract to set up a 1 MW Green Hydrogen plant integrated with the ecosystem on a build, own and operate basis. Hitesh Mehta, Executive Director and CFO, WRTL said: "We have a very strong balance sheet with net cash and a disciplined working capital cycle. We are determined to execute profitable projects with higher ...

Indiabulls Housing Finance Q4 results: Net profit falls 14% to Rs 263 crore

The company's consolidated revenue from operation fell by 5.2 per cent to Rs 2,075 crore for the March quarter

IT stocks spark 234-pt rally in Sensex; Nifty tops 18,300; Adani Ent up 20%

Stock market live updates: The SGX Nifty, on Monday, signalled a muted start as it stood at 18,211 levels, down 28-odd points

CESC consolidated net profit remains flat at Rs 445 cr in March quarter

Power utility CESC Ltd on Monday posted a flat consolidated net profit of Rs 445 crore during the quarter ended March 31, 2023. Its profit in January-March 2022 was at Rs 445 crore, the company said in a BSE filing. The company's total income was at Rs 3,208 crore in the quarter, higher than Rs 3,092 crore in the year-ago quarter. Expenses were at Rs 3,099 crore, higher from Rs 2,836 crore a year ago. The Board of Directors of the company approved the reappointment of Debasish Banerjee for another year with effect from May 28, 2023. The said re-appointment is subject to the approval of shareholders at the ensuing Annual General Meeting of the company. The present tenure of Banerjee as Managing Director (Distribution) of the company will expire at the close of business hours on May 27, 2023. Kolkata-based CESC Ltd belongs to RP-Sanjiv Goenka Group and is a vertically integrated power utility engaged in generation, transmission and distribution of electricity.

Keystone Realtors net profit up by 82% to Rs 77 cr in March quarter

Keystone Realtors on Monday reported 82 per cent increase in consolidated net profit at Rs 76.59 crore for March quarter 2022-23 on better income. Its net profit stood at Rs 42.03 crore in the year-ago period. Total income of the Mumbai-based firm rose to Rs 357.63 crore from Rs 247.92 crore in the year-ago period, according to a regulatory filing. Net profit declined to Rs 81.95 crore in the last fiscal from Rs 139.62 crore in 2021-22. Total income also fell to Rs 724.90 crore in 2022-23 from Rs 1,302.97 crore in the previous year. Keystone Realtors, which sells properties under Rustomjee brand, got listed last year after launching its Rs 635 crore Initial Public Offer (IPO). Founded in 1995, Keystone Realtors has completed more than 30 projects and is developing more than 10 projects across the Mumbai Metropolitan Region (MMR). The firm has developed 20.05 million square feet of high-value and affordable residential buildings, premium gated estates, townships, corporate parks,

Aditya Birla Fashion & Retail reports net loss of Rs 187 crore in Q4

The company's consolidated revenue from operation rose by 26.14 per cent to Rs 2,880 crore for the March quarter as compared to Rs 2,283 crore in the year-ago period

Sun Pharma Advanced Research loss widens to Rs 81.99 cr in March quarter

Sun Pharma Advanced Research Company Ltd on Monday said its net loss widened to Rs 81.99 crore in the fourth quarter ended March 2023, impacted by higher expenses. The company had posted a net loss of Rs 71.05 crore in the same period previous fiscal, Sun Pharma Advanced Research Company said in a regulatory filing. Its revenue from operations stood at Rs 47.69 crore compared to Rs 25.24 crore in the year-ago period, it added. The total expenses in the fourth quarter were higher at Rs 140.41 crore against Rs 96.51 crore in the same period a year ago. The company further said that during the quarter, it paused the development of the 'SC0-120' programme due to changing clinical landscape as a result of which it has made provision for committed costs for this programme estimated at Rs 27 crore. For FY23, the company said its net loss stood at Rs 222.58 crore. It was at Rs 203.4 crore in FY23. The revenue from operations in FY23 was Rs 238.78 crore compared to Rs 137.25 crore in FY22

Narayana Hrudayalaya rallies 11% to hit a record high on strong Q4 results

The company reported the highest-ever revenue and profitability in Q4FY23, as well as for FY23, which is attributed to increased patient footfalls along with improvements in speciality and payor mix

Stock of this pharma company has plunged 80% from its record high level

Shares of Gland Pharma tumbled 19 per cent to hit a new low of Rs 872.10 in Monday's intra-day trade, in an otherwise firm market

SBI, PNB, Bandhan Bank: Trading strategies in bank stocks post Q4 results

Nifty Bank index may rise up to 2.25% once hits a new historic peak, shows technical charts

Shreyas Shipping zooms 20% as board to mull delisting plan on May 24

The company said delisting proposal will provide the public shareholders an opportunity to realise immediate and certain value for their equity shares.

Stocks to Watch today, May 22: Adani Group, Realty, NTPC, Zomato, Zee Ent

Stocks to watch on May 22, 2023: The Rs 2,000 note withdrawal could have an impact ont the real-estate companies, believe Indian CEOs.