Page 89 - Latest Updates on Q4 Results

Bandhan Bank Q4 results: Net profit falls 57.5% to Rs 808 crore

Net interest income (NII) for the quarter grew by 18.8 per cent to Rs 2,472 crore as against Rs 2,080 crore in Q3 FY23

Wheels India reports Q4 net profit of Rs 24.8 cr, earmarks Rs 200 cr capex

Automobile wheel manufacturer Wheels India Ltd has reported a net profit of Rs 24.8 crore during the quarter ending March 31, 2023, the company said on Friday. During the corresponding quarter of the previous year, it had registered a net profit of Rs 27.9 crore. For the financial year ending March 31, 2023 the company registered net profit of Rs 65.2 crore as against Rs 79.8 crore in the previous year. The board of Wheels India, which met on Thursday, has recommended a final dividend of Rs 3.97 per share. Commenting on the company's financial performance, its MD Srivats Ram said, "We registered significant growth in the air suspension division during FY2023. The CV and Earth Mover Wheel Business also did well in FY23." "Machining of large castings which was commissioned in September 2022 was ramped up towards the end of FY2023," he said. Speaking of the company's outlook, Ram said it has earmarked Rs 200 crore as capital expenditure this year towards ramping up production. The

Godrej Industries Q4 results: Net profit rises 32% to Rs 300 crore

The company's consolidated revenue from operation rose by 9.1 per cent to Rs 4,852 crore for the March quarter as compared to Rs 4,445 crore in the year-ago period

Motherson Sumi Wiring reports nearly three-fold surge in Q4 profit

Motherson Sumi's profit rose to 1.38 billion rupees ($16.9 million) in the fourth quarter ended March 31, from 464.2 million rupees, a year earlier

PNB Q4 results: Net profit jumps over five-fold to Rs 1,159 crore

In the whole year, however, the standalone net profit was down over 27 per cent to Rs 2,507.20 crore

What's capping rally in SBI shares despite record net profit in Q4FY23?

India's largest state-owned bank, State Bank of India, reported standalone net profit of Rs 16,694.51 crore for Q4FY23

Ramco Cements rallies 8%; hits 52-week high on healthy Q4 volume growth

While long term prospects of profitability look promising, the short term outlook is expected to improve from Q2FY24, Ramco Cements said.

Thomas Cook India's Q4 total income rises 150% to Rs 1,300 crore

The Group's operating Ebitda grew significantly to Rs 270 crore for the full financial year 2022-23 (FY23) against a loss of Rs 120 crore in FY22

Sign of the times: Infosys cuts employees' variable pay for Q4 FY23 to 60%

In a sign of approaching headwinds, IT firm Infosys has cut the average variable payout at an organisational level to 60 per cent for the fourth quarter of the financial year 2022-23 (FY23), according

Datamatics Global Services zooms 71% in one month on robust Q4 results

The management said it expects to see a sustained growth momentum for FY23- FY24, given a decent pipeline of opportunities.

Gland Pharma tanks 20%, hits record low on weak Q4 results

Revenue declined 29% YoY due to lower offtake of the key products in developed as well as domestic markets and due to Production line shut down in Pashamylaram Penems facility due to line upgradation.

IndiGo reinstates cabin crew bonus after 2nd consecutive profitable quarter

IndiGo hadn't paid crew bonus for three years as it incurred losses due to the Covid-19 pandemic

ITC slips 4% in 2 days post Q4 results but analysts remain bullish on stock

Thus far in the calendar year 2023, the stock has outperformed the market by surging 25 per cent, as compared to 0.55 per cent gain in the S&P BSE Sensex.

PNB Housing Finance Q4 net rises 65% to Rs 279 cr on improved margins, NII

The housing finance company (HFC) had booked a net profit of Rs 170 crore in the March quarter of FY22 and Rs 269 crore in Q3FY23

IndiGo posts Rs 919 crore net profit, its best-fourth quarter ever

Expenses in the quarter increased to Rs 13,680 crore due to a rise in fuel and maintenance costs

Bata India's profit rises to Rs 656.23 mn on lower costs, higher demand

The company said in a statement that it had refreshed its portfolio to offer premium products under these brands

Container Corp Q4 results: Profit rises 7.7% to Rs 279 crore, revenue up 6%

The company's consolidated revenue from operation rose by 6 per cent to Rs 2,184 crore

State Bank of India's Q4 standalone net jumps 83% to Rs 16,695 crore

FY23 consolidated profit at Rs 55,648 cr - second highest after RIL

HCC Q4 results: Multifold rise with net profit at Rs 190.66 crore

Hindustan Construction Company (HCC) on Thursday reported a multifold rise in consolidated net profit at Rs 190.66 crore for the quarter ended March 2023. The company had clocked a profit of Rs 30.88 crore in the year-ago period, it said in a BSE filing. Its total income during the quarter under review stood at Rs 3,107.58 crore compared to Rs 2,946.16 crore a year ago. The total expenses increased to Rs 3,077.51 crore from 2,884.35 crore earlier. For the entire 2022-23, the company recorded a consolidated net loss of Rs 26.59 crore. It had posted a net profit of Rs 571.74 crore on a consolidated basis in FY22. HCC Vice Chairman Arjun Dhawan said the completion of the company's debt carve-out process and profitable divestment of concession assets further strengthened its balance sheet and plans for future growth. The company, in a statement, said HCC through a JV secured a contract worth Rs 3,681 crore for the construction of the Bandra Kurla Complex Station for the high-speed bu

United Spirits Q4 results: Standalone net profit rises 7.3% to Rs 204 cr

The company's standalone revenue from operation fell 25.20 per cent to Rs 5,783 crore for the March quarter as compared to Rs 7,732 crore in the year-ago period