Page 98 - Latest Updates on Q4 Results

Eicher Motors soars 7% in a weak market on solid Q4 perforance

F&O View: Options data suggest likely resistance for the stock in the range of Rs 3,670 - 3,750; Support Rs 3,500 - Rs 3,550.

Tata Motors: Solid volumes, ASP may aid Q4 profit, margin expansion

Tata Motors Q4 preview: Analysts see double-digit revenue and profit growth on the back of strong growth across India and JLR business

BLS International profit jumps over 2-fold to Rs 76.73 cr for Jan-Mar

BLS International on Thursday reported a more than two-fold jump in its consolidated net profit at Rs 76.73 crore for the quarter ended March. Its net profit stood at Rs 35.20 crore in the year-ago period, the company said in a statement. BLS International is into visa and consular services. The company's operational revenue rose 77 per cent to Rs 448.63 crore in the fourth quarter of last fiscal from Rs 253.84 crore in the corresponding period of the previous year. For the full 2022-23 fiscal, the company's net profit rose 84 per cent to 204.27 crore from Rs 111.20 crore in the previous year. The operational income increased 78 per cent to 1,516.19 crore in the last fiscal from Rs 849.89 crore in 2021-22. Commenting on the company's performance, Shikhar Aggarwal, Joint Managing Director, BLS International, said: "The Company has reported its highest ever quarterly revenue while maintaining EBITDA levels. We are seeing robust growth coming in from our visa & consular services, ..

South Indian Bank Q4 net profit up 23% at Rs 334 cr as advances grow

During the period under review, the bank's operating profit was seen up by 95% from Rs 288 crore in fourth quarter of FY22 to Rs 562 crore during the same period in FY23

Gillette India profit rises 48% in March quarter, revenue up 9.3%

The company's revenue from operation rose by 9.3 per cent to Rs 619 crore for the March quarter as compared to Rs 567 crore in the year-ago period

Asian Paints Q4 net surges 45% to Rs 1,234 cr on improvement in margins

During the year, the paints major crossed Rs 34,000 crore in revenue at a consolidated level

Eicher Motors Q4 net profit up 48%, records highest-ever revenue

Company that makes Royal Enfield motorcycles plans Rs 1,000 crore capex in FY24

Ajmera Realty & Infra profit up 7.9% in Q4FY23, income down 36.7%

However, for the full year, total income fell to Rs 440.63 crore in FY23 from Rs 489.11 crore in FY22

Eicher Motors Q4 results: Consolidated net profit rises 49% to Rs 906 cr

Total revenue from operations rose to Rs 3,804 crore for the fourth quarter as compared with Rs 3,193 crore in the year-ago period

Dr Reddy's Laboratories QoQ showing catches a cold on weak US sales

While pharma major has maintained its margin guidance, expensive valuations limit upside

Siemens India arm's profit jumps 39% on strong order book

Siemens Ltd, the Indian arm of German engineering company Siemens AG, reported a near-39% rise in quarterly profit, helped by a boost in infrastructure spending in the country

South Indian Bank Q4 results: Net profit rises 22.4% to Rs 333 crore

The bank has identified potential candidates for managing director's post and will send final list of candidates to RBI soon

Ujjivan SFB Q4 net profit rises 144% to Rs 309 crore, declares dividend

The bank's gross non-performing asset stood at 2.88 per cent and its net NPAs were at 0.04 per cent

Aditya Birla Capital Q4 net up 35%, to raise upto Rs 3,000 cr in equity

The fund raised through equity offering would be used for supporting growth in lending and insurance businesses

Aditya Birla Capital Q4 results: Net profit rises 35% to Rs 609 crore

Consolidated total revenue from operation rose by 21.2 per cent to Rs 8,025 crore for the March quarter as compared to Rs 6,617 crore in the year-ago period

Dr Lal PathLabs reports decline in profit for quarter ending March

Dr. Lal PathLabs Ltd on Thursday reported a sixth consecutive fall in quarterly profit as a continued slide in income from Covid-related testing outpaced growth in its core business

Dr Reddy's Labs sinks 7% on disappointing Q4 operating performance

In Q4, the company's North America's revenue declined 17 per cent QoQ to Rs 2,530 crore, due to fluctuations in demand for new launches.

Increasing costs

Interest cost is affecting profitability

ESAF Small Finance Bank FY23 net profit jumps over four-fold to Rs 302 cr

ESAF Small Finance Bank posted an over four-fold jump in net profit to Rs 302.33 crore for the year ended March 31, 2023. The bank had earned a profit of Rs 54.73 crore a year ago. Total business (including advances under collection management) increased by 23.22 per cent to Rs 30,996.89 crore, compared to Rs 25,155.76 crore in the preceding year, ESAF Small Finance Bank said in a statement on Wednesday. Deposits increased 14.44 per cent from Rs 12,815.07 crore to Rs 14,665.63 crore for the year ended March 31, 2023. Gross Advances increased 16.38 per cent from Rs 12,130.64 crore to Rs 14,118.13 crore as of March 31, 2023. The operating profit for the fiscal year increased by 81.70 per cent to Rs 893.71 crore from Rs 491.85 crore. The Net Interest Income improved 60.08 per cent to Rs 1,836.34 crore. Total CASA rose 7.18 per cent to Rs 3,137.45 crore from Rs 2,927.40 crore. The net profit for the quarter was Rs 101.38 crore as against Rs 37.41 crore during the fourth quarter of t

Pricol Ltd posts nearly 127% rise in Q4 consolidated profit at Rs 29.80 cr

Pricol Ltd has reported 126.96 per cent rise on its consolidated profit during the fourth quarter ending March 31, 2023 at Rs 29.80 crore, the company said on Wednesday. The Tamil Nadu based automotive technology firm had registered consolidated profit at Rs 13.13 crore in the corresponding quarter of previous year. For the year ending March 31, 2023 the consolidated profit surged by 144 per cent to Rs 124.68 crore from Rs 51.09 crore recorded in the same period of last year, Pricol Ltd said in a BSE filing. Total income on consolidated basis during the quarter under review went up to Rs 525.37 crore from Rs 415.80 crore registered in same period of previous year. For the year ending March 31, 2023 the consolidated total income grew to Rs 1,963.14 crore from Rs 1,553.51 crore registered in same period of last year, the company said.