Hindustan Lever Ltd has posted a net profit of Rs 4665.10 million for the quarter ended December 31, 2002 as compared to Rs 4363.80 million for the quarter ended December 31, 2001.
Zee Telefilms has posted a 135 per cent increase in net profit to Rs 32.57 crore for the fourth quarter ended March 31, 2003 when compared with Rs 13.88 crore for the corresponding quarter last fiscal.
HCL Technologies Ltd, India's No. 4 IT services exporter, beat expectations with a 41.6 percent rise in quarterly profit, after order wins boosted earnings.
With the Big Four information technology services players having disappointed the Street, the focus is on mid-cap IT players who seem to have met expectations, according to analyst reports and management commentary on the demand environment.
Year-on-year revenues rose 23.2 per cent.
India's largest private sector bank ICICI Bank on Saturday posted a net profit of Rs 790 crore in the fourth quarter ended March 31, 2006, a 28.5 per cent increase from profits for the year-ago period.
On a sequential quarter on quarter basis, the net profit has moved up by 2.6 per cent while the topline grew by 3.5 per cent.
Jet Airways' loss widened for FY15 on higher cost.
Satyam has posted a profit after tax and extraordinary items of Rs 140.84 crore for the fourth quarter when compared with a loss (after tax and extraordinary items) of Rs 35.91 crore for the quarter ended March 31, 2003.
Sequentially, the loss widened from Rs 2,416.37 crore in the third quarter ended December 2017.
Strong performance by its US subsidiary Novelis and better returns in the copper business helped Hindalco Industries post consolidated revenue growth of 2 per cent quarter-on-quarter (Q-o-Q) to Rs 54,100 crore in the July-September quarter of 2023-23 (Q2FY24). Novelis' Flat Rolled Products (FRP) volumes grew 6 per cent Q-o-Q to 933,000 tonnes (down 5.2 per cent Y-o-Y) on better North American and European volumes. The consolidated earnings before interest, taxes, depreciation, and amortization (EBITDA) declined 2 per cent Q-o-Q to Rs 5,610 crore despite lower input costs in India and better Novelis performance.
The huge loss at Merrill follows Citigroup Inc's write-off of $18 billion against sub-prime exposure. Citigroup, on Tuesday, had reported the biggest loss of almost $10 billion in its 196-year history.
Grasim Industries has announced a rights issue of around Rs 4,000 crore with the promoters committed to fully subscribing to their entitlements and to covering any unsubscribed portion. This is to part-fund capital expenditure (capex) of Rs 10,000 crore in a new foray into the paints business. The company has already invested Rs 3,640 crore in the paints business (by Q1FY24). The management has outlined a capex of Rs 5,700 crore for FY24, which includes Rs 4,280 crore allocated for the paints business, of which Rs 1,050 crore has already been spent in Q1FY24.
Equity benchmark indices Sensex and Nifty buckled under selling pressure after a nine-session rally on Monday, as massive sell-off in IT, tech and telecom counters unnerved investors.
The company reported sales of 3.75 million square feet in FY14.
Despite enduring a weak first quarter of the 2023-24 financial year (Q1FY24), Power Grid Corporation (PGCIL) has laid out an ambitious capex plan going forward. It is looking to invest around Rs 1.8 trillion on an existing asset base of Rs 2.7 trillion to aim at keeping over 50 per cent market share in the transmission market. This includes opportunities from the Rs 2.4 trillion green energy corridor.
IT services, which contributed 76 per cent to the company's revenues in FY'11, stood at $1,400 million.
ICICI Bank on Thursday reported a 16.85 per cent rise in consolidated net profit to Rs 1,567.93 crore (Rs 15.67 billion) for the quarter ended March 31, 2011.
The frontline software exporting companies are likely to post modest growth in their fourth quarter earnings on the back of increased overseas demand, analysts said.
Padamalaya Telefilms has posted a net profit of Rs 7.31 crore for the fourth quarter ended March 31, 2003, compared with Rs 2.42 crore for the same quarter last fiscal.
IT major Accenture's second straight cut in its revenue growth forecast for FY23 suggests there is more pain ahead for the Indian IT sector, say analysts. Accenture has lowered the top end of its FY23 growth guidance in constant currency (CC) to 9 per cent from 10 per cent earlier. The firm, which follows a September-August fiscal cycle, expects a 2-6 per cent CC growth in Q4 of FY23 (June-August 2023) versus the 6-10 per cent prior guidance.
Infosys Technologies Ltd has announced the following audited results for the quarter and year ended March 31, 2006
Yash Papers Ltd has posted a net profit of Rs 4.69 million for the quarter ended December 31, 2002 as compared to a net loss of Rs 3.37 million for the quarter ended December 31, 2001.
'As Tata Steel we will obviously use group-level leverage to make progress where we want.'
The bank has so far installed 214 ATMs, with all branches networked to more than 5,500 State Bank group ATMs throughout the country.
Rolta India Ltd has posted a net profit of Rs 156.07 million for the quarter ended December 31, 2002 as compared to Rs 155.01 million in the quarter ended December 31, 2001.
Castrol India Ltd has posted a net profit of Rs 400.10 million for the quarter ended December 31, 2002 as compared to Rs 300.20 million in the quarter ended December 31, 2001.
Maruti Udyog Ltd on Wednesday reported a 39.1 per cent increase in net profit for the quarter ended March 31, 2006 at Rs 360.9 crore (Rs 3.60 billion) and announced a 70 per cent dividend.
The company has posted a 12 per cent decrease in net profit to Rs 15.58 crore for FY03 as against Rs 17.80 crore in FY02.
Satyam Computer Services Ltd on Friday posted a 35.96 per cent rise in net profit at Rs 289.90 crore (Rs 2.9 billion)
Oil and gas sectot may not put up good numbers in Q4.
The company had posted a net profit of Rs 243.13 crore (Rs 2.43 billion) in the corresponding quarter of 2008-09 fiscal, Maruti Suzuki India told the Bombay Stock Exchange.
It had net loss of Rs 355.55 crore (Rs 3.55 billion) in the January-March quarter of 2010-11, Kingfisher said in a filing to the BSE.
IT major Wipro on Wednesday reported a consolidated Q4 net profit up 7.7 per cent at Rs 1,480.90 crore (Rs 14.80 billion).
The country's most valuable lender HDFC Bank can perhaps no longer claim to be a favourite of foreign portfolio investors (FPIs). Two data indicators, both somewhat interconnected, point to this - the diminishing premium of HDFC Bank's American depositary receipts (ADRs) compared to local shares, and the ample investment opportunities available to FPIs in the domestic market. The ADR premium has shrunk to below 5 per cent, down from over 30 per cent in March 2021, and even lower than recent levels.
The company's revenue fell to Rs 67,470 crore (Rs 674.7 billion).
The country's top software exporter, Tata Consultancy Services, on Monday reported a 2.1 per cent decline in its net profit at Rs 1,333 crore (Rs 13.33 billion) for the fourth quarter ended March 31, 2009.
Sunil Mittal-promoted Bharti Airtel on Wednesday said it has reported a 20.85 per cent increase in net profit at Rs 2,239.30 crore (Rs 22.39 billion) for the fourth quarter ended March 31, 2009.
ITC's results for the January-March quarter (Q4) were strong, with robust growth in the fast-moving consumer goods (FMCG) segment and a good performance in hospitality. The tobacco division's performance was on expected lines, with double-digit volume growth, helped by reclaiming of market share from the smuggled trade. There was 60 per cent growth in non-cigarette earnings before interest and tax (Ebit), despite a relatively weak performance in paperboards.
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