Sales volumes for the quarter under review was at 6.8 million tonnes (mt), up 8.1 percent from a year ago
Net Interest Margins (NIM) for the third quarter stood at 3.03 per cent, compared to 3 per cent in the previous quarter and 3.05 per cent in the same period last year
Ceat's share price rose by 4.34 per cent, ending the day's trade at Rs 2,875 apiece on the BSE
Sample of early-bird companies shows worst net sales since Q3FY21
The Net Interest Income (NII) which is the difference between interest earned and paid - stood at Rs 5296 crore for the period which was 17.81 per cent up from Rs 4495 crore in the year ago period
Footwear retail chain Metro Brands on Thursday reported a 12.57 per cent decline in consolidated net profit to Rs 98.78 crore for the third quarter ended December 2023. The company had posted a net profit of Rs 112.99 crore during the October-December period a year ago, according to a regulatory filing from Metro Brands Ltd (MBL). However, its revenue from operations increased 6.14 per cent to Rs 635.50 crore during the quarter under review against Rs 598.71 crore in the year-ago period. MBL's total expenses rose 11.77 per cent to Rs 515.53 crore in the December quarter. In a separate filing, MBL said its board in a meeting held on Thursday declared an interim dividend at Rs 2.75 per equity share on the face value of the paid-up equity shares of Rs 5 each for the FY 2023-24. Shares of Metro Brands on Thursday settled at Rs 1,202 on the BSE, down 1.98 per cent from the previous close.
IndiaMart's revenue from operations jumped 21 per cent to Rs 305 crore in the December quarter of the current financial year
IndusInd's loan disbursements grew 20% year-on-year, while deposits rose 13%
It generated Rs 200 crore in operating cash during the last two quarters ended December 2023
Increases focus on secured lending due to regulatory developments
The company's net profit increased 82.2 per cent year-on-year (Y-oY) to Rs 79.5 crore in FY22
Margins for the second quarter are likely to be "range-bound" similar to the last few quarters, the management said during a media briefing
The fall in headcount is a serious issue for the sector as well as for engineering graduates, as both these firms are the largest recruiters from campuses
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The total income for Q2FY24 came in at Rs 3,766.46 crore, compared to Rs 3,376.57 crore year-on-year
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