Max Healthcare Institute on Tuesday said its profit after tax (PAT) jumped 86 per cent to Rs 320 crore in March quarter 2022-23 on account of improvement in operating metrics in hospitals and reduction in finance costs. The healthcare provider had reported a PAT of Rs 172 crore for January-March 2021-22. Net revenue increased to Rs 1,551 crore in the fourth quarter from Rs 1,224 crore in the year-ago period, Max Healthcare said in a statement. For the year ended March 31, 2023, it posted a PAT of Rs 1,328 crore as compared with Rs 752 crore in 2021-22. Net revenue rose to Rs 5,902 crore in FY23 as compared with Rs 4,981 crore in 2021-22. Max Healthcare Institute Chairman and Managing Director Abhay Soi said the company is actively but prudently evaluating inorganic growth opportunities. The company said its board has approved a final dividend of Re 1 per equity share for the year ended March 31, 2023. Shares of the company ended 2.49 per cent down at Rs 506.90 apiece on the BSE.
CLOSING BELL: The BSE Midcap, Smallcap indices, however, bucked the trend and ended with a gain of up to 0.2 per cent. Breadth too was marginally positive.
Public sector lender recommends dividend of Rs 5.5 per share for face value of Rs 10 each
Agriculture solutions provider Coromandel International has reported consolidated net profit at Rs 246.44 crore for the quarter ending March 31, 2023, the company said on Tuesday. The consolidated net profit stood at Rs 289.79 crore recorded in the corresponding quarter of the previous year. For the year ending March 31, 2023, the consolidated net profit surged to Rs 2,012.93 crore from Rs 1,528.46 crore recorded in the corresponding quarter of the previous year. Total income during the January-March 2023 quarter on a consolidated basis stood at Rs 5,522.68 crore as against Rs 4,303.60 crore recorded in the corresponding quarter of the previous year. For the year ending March 31, 2023 the consolidated total income went up to Rs 29,799.03 crore from Rs 19,255.12 crore registered a year ago. The Board of Directors had approved the financial results of the company for the quarter and year ended March 31, 2023. The Board has recommended a final dividend of Rs 6 per share for the fina
IOC's revenue from operations rose almost 10% to Rs 2.26 trillion
Tube Investments of India Ltd has recorded over 111.9 per cent jump on its profit for the fourth quarter ending March 31, 2023 at Rs 477.40 crore. The city-based Murugappa Group firm had registered consolidated net at Rs 225.22 crore registered in the corresponding period of last year. For the year ending March 31, 2023 the consolidated profit surged to Rs 1,325.06 crore from Rs 991.04 crore recorded a year ago. The consolidated total income during the quarter under review went up to Rs 3,823.42 crore from Rs 3,425.19 crore registered in the corresponding quarter of last year. For the year ending March 31, 2023 the consolidated total income rose to Rs 15,107.98 crore from Rs 12,551.87 crore registered a year ago. Commenting on the financial performance, company chairman M A M Arunachalam said, "Engineering and metal formed products businesses continued their good performance in the fourth quarter as well." "The bicycle industry continues to suffer from contraction in demand and o
The company is currently working on feasibility projects across multiple hydrocarbon fuels, pipeline and renewable fuels like hydrogen, ethanol and other biofuels.
HDFC had declared a dividend of Rs 44 per share, whereas HDFC Bank had announced a dividend of Rs 19 per share.
The management believes that the two major factors that marred the industry in FY23 - underperformance of Hindi films and less number of Hollywood releases, will both ease out in FY24.
India Infrastructure Finance Company Ltd (IIFCL) on Monday reported a two-fold jump in standalone net profit to Rs 1,076 crore for the fiscal ended March 2023 aided by an increase in lending and reduction of bad loans. The state-owned infrastructure finance company had earned a net profit of Rs 514 crore in the previous fiscal. The company recorded the highest ever profit, recovery, sanction and disbursement furthering turnaround performance that began three years ago, IIFCL managing director PR Jaishankar said while announcing annual financial numbers. The company continued to add value as its networth increased to Rs 12,878 crore in 2023-23 from Rs 11,737 crore in the preceding fiscal. During the year, he said, the company posted record performance with the highest-ever sanctions and disbursements at Rs 29,171 crore and Rs 13,826 crore, respectively. The cumulative sanctions and disbursements stood at Rs 2,13,378 crore and Rs 1,05,647 crore as of March 31, 2023. Going forward,
The National Stock Exchange (NSE) on Monday reported a 31 per cent rise in consolidated net profit at Rs 2,067 crore for the three months ended March. In comparison, the exchange had posted a net profit of Rs 1,580 crore in the year-ago period, NSE said in a statement. The consolidated income from operations stood at Rs 3,453 crore for the fourth quarter of the last fiscal, up 31 per cent from the year-ago period. Apart from trading, the total revenue was also supported by other revenue lines, including listing, index services, data services and co-location facility, the exchange said. Also, NSE's board has recommended a dividend of Rs 80 per share for FY23. The final dividend would be subject to the approval of shareholders. During the quarter under review, NSE contributed Rs 203.45 crore to the Core Settlement Guarantee Fund (CSGF). The object of the Core SGF is to ensure that sufficient funds would be readily and unconditionally available to meet settlement obligations of a .
For the whole of FY23, the net profit stood at Rs 77.1 crore against loss of Rs 93 crore a year ago
Company says 'strong growth' in products portfolio helped performance
Real estate developers tend to have lumpy incomes and outflows, which makes profit and loss ratios less meaningful
The company said its board recommended a final dividend of Rs 35 per share of Rs 10 each
Dip in profit largely due to MTM losses arising from the depreciation of the rupee to the dollar
PVR Inox to raise funds via the issue of non-convertible debentures worth Rs 100 crore
Company's net profit in FY23 increases 24% at Rs 956 cr from Rs 769 cr in FY22
Tamil Nadu-based lender says it faced 'an extremely challenging environment'
Indian agricultural chemicals maker Coromandel International Ltd reported a 15% fall in its quarterly profit on Monday, as soaring costs offset growing demand