The company reported a 10 per cent year-on-year rise in revenues of Rs 58,335 crore
In its forecast, NIQQ said that despite global uncertainties, India's FMCG market forecasted growth is at 7%-9% for full year 2023
For the full year 2022-23, DRL's revenues were up 15 percent to Rs 24,587.9 crore while the PAT grew by 91 percent to Rs 4,506.7 crore
Chemicals manufacturer BASF on Wednesday posted a 45 per cent decline in net profit at Rs 82.39 crore in the March quarter. The company's net profit stood at Rs 149.85 crore in the year-ago period, BASF said in a regulatory filing. Revenue from operations of the company witnessed a fall of 3.25 per cent during the quarter under review at Rs 3,249.95 crore as compared with Rs 3,359.46 crore in the same period a year ago. In FY23, the company's net profit dropped 32.36 per cent to Rs 402.89 crore as against Rs 594.84 crore in FY2021-22, BASF said. Revenue from operations of the company in FY23 rose 4.23 per cent to Rs 13,518.79 crore from Rs 12,969.57 crore in FY22. Shares of the company on Wednesday closed 1.10 per cent down at Rs 2,399.40 on the BSE.
Its revenue from operations stood at Rs 5,843 crore in Q4 FY23, up 15.28% YoY as compared to Rs 5,068.4 crore in Q4FY22
The total revenue from operations increased 10.4 per cent YoY to Rs 58,335.15 crore
Matchmaking service provider Matrimony.com has reported a consolidated profit for the fourth quarter ending March 31, 2023 of Rs 11.40 crore, the company said on Wednesday. The city-based firm had registered a consolidated profit at Rs 11.70 crore during the corresponding quarter the previous year. For the financial year ending March 31, 2023 the profit of the company slipped to Rs 46.67 crore from Rs 53.59 crore registered last financial year. The total income on consolidated basis during the quarter under review increased to Rs 119.96 crore from Rs 116.26 crore recorded in the same period last year. For the financial year ending March 31, 2023 the consolidated total income grew to Rs 480.15 crore from Rs 452.43 crore registered in the same period last financial year. Commenting on the financial performance, chairman and managing director Murugavel Janakiraman said, "We improved on the quarter-on-quarter momentum." "With our ongoing initiatives, we expect to have a good start in
CLOSING BELL: The fag-end rally was powered by IndusInd Bank, Bajaj Finance, Tata Motors, Reliance Industries, HDFC Bank, Maruti Suzuki, and Bajaj Finserv
In FY23, however, the company's profit was down 4.5 per cent to Rs 1,702.46 crore
Escorts Kubota reported a fall in its fourth-quarter profit on Wednesday, hurt by increased commodity prices, and unseasonal rains in March
Gear and allied products manufacturer Shanthi Gears Ltd has reported profit after tax for the quarter ending March 31, 2023 of Rs 19.47 crore, the company said on Wednesday. The Tamil-Nadu-based company had registered profit after tax at Rs 12.22 crore during the corresponding quarter of the previous year. For the year ending March 31, 2023 the profit after tax stood at Rs 67.05 crore as against Rs 42.47 crore recorded in the same period last fiscal. Total income during the quarter under review surged to Rs 126.18 crore from Rs 105.92 crore registered in the corresponding period of last year. For the year ending March 31, 2023 the total income grew to Rs 456.89 crore from Rs 346.12 crore last year. In a press release, the company, which is a part of the diversified conglomerate Murugappa Group, said it continues to focus on four key priorities -- revenue growth, profitability, return on invested capital and free cash flow. During the financial year ended March 31, 2023 the return
Brokerage firms are expecting a strong recovery in Tata Motor's financials as supply-side issues are relaxing (for JLR) and commodity headwinds are easing (for PV and CV).
Balu Forge Industries Limited (BFIL) reported over 43 per cent jump in its consolidated net profit at Rs 15.24 crore in the March 2023 quarter, boosted by higher income. It had reported a net profit of Rs 10.63 crore in the same quarter a year ago, the company said in a BSE filing on Tuesday. The total income of the company surged to Rs 12,4.33 crore in the quarter from Rs 87.49 crore in the year-ago period. Its expenses increased to Rs 107.06 crore in the quarter under review from Rs 74.01 crore registered in the year-ago quarter. Meanwhile, the board of the company has approved the appointment of Amit Todkari as Chief Financial Officer and Key Managerial Personnel with effect from May 10, 2023. Mumbai-based BFIL is also in the process of commissioning a precision machining line of Mercedes Benz Truck Factory which was recently acquired from Mannheim, Germany.
At 10:43 AM; with a market cap of Rs 1.02 trillion, VBL claimed the 48th spot in the overall market cap ranking, the BSE data shows.
The shipping major reported a 183.9 per cent jump in Q4FY23 net profit to Rs 359.83 crore when compared with Rs 126.74 crore in Q4FY22
Apollo's revenue from operations rose 12% to Rs 6,247 cr as the cost of materials consumed fell around 11.2% compared to the year-ago quarter
Lower debt levels, inexpensive valuations are positives
The revenue growth came from a strong API business performance along with US and domestic market sales growth
Income from operations stood at Rs 66.68 crore, an increase of 15.94 per cent over the same period last year
Nazara Technologies approved the acquisition of 19.5% of share capital of unit Next Wave Multimedia