Profit Margins

Travel service providers Easy Trip Planners Q4 profit drops 23% to Rs 23 cr

Easy Trip Planners Ltd on Wednesday reported a 23.4 per cent decline in consolidated net profit at Rs 23.34 crore for the fourth quarter ended March, impacted by lower revenue and higher expenses.

Thermax's net profit tumbles 4.4% to Rs 103.2 cr in March quarter

Thermax on Friday reported a 4.4 per cent decline in consolidated net profit at Rs 102.54 crore for the quarter ended March. The company had reported a consolidated net profit of Rs 107.35 crore in the year-ago period, according to a BSE filing. Total income of the company in the March quarter was at Rs 2,027.62 crore as against Rs 1,610.34 crore in the same period a year ago. "Profit After Tax (PAT) stood at Rs 103 crore, down 4 per cent as compared to Rs 107 crore in the corresponding quarter of FY21. Profitability was lower due to increased commodity and freight costs during the quarter," the company said in a statement. The consolidated net profit of the company rose to Rs 312.31 crore in the fiscal year 2021-22 from Rs 206.58 crore in 2020-21. Total income in the fiscal was at Rs 6,255.34 crore as against Rs 4,898.99 crore in 2020-21. The company's board has recommend a dividend of Rs 9 per equity share of Rs 2 each (450 per cent) for the financial year 2021-22. Thermax Gro

HeidelbergCement India Q4 net profit sharply falls 33.13% to Rs 93.61 cr

HeidelbergCement India Ltd on Friday reported a 33.13 per cent decline in its net profit to Rs 93.61 crore for the fourth quarter ended March 2022, mainly due to higher operating costs. The company had reported a net profit of Rs 139.99 crore in the year-ago period, HeidelbergCement India said in a BSE filing. However, its total revenue from operation increased 3.34 per cent to Rs 620.03 crore during the quarter under review against Rs 599.95 crore in the corresponding quarter of the previous fiscal. HeidelbergCement India's total expenses rose 10.35 per cent to Rs 534.60 crore in Q4 FY 2021-22 against Rs 484.42 crore a year ago. "On a per tonne basis, total operating cost, including freight, increased by 13.6 per cent y-o-y mainly due to higher coal, pet coke, diesel and packaging cost. The increase in operating cost was partially offset by an increase in other operating income mainly pertaining to SGST incentive from Government of Madhya Pradesh," said a post earning statement fr

Ajmera Realty Q4 profit at Rs 14 cr; revenue jumps two folds to Rs 184 cr

Ajmera Realty & Infra India on Thursday reported 12 per cent increase in consolidated net profit at Rs 14.01 crore for the quarter ended March 2022. Its net profit stood at Rs 12.48 crore in the year-ago period. Total income rose to Rs 183.62 crore in the fourth quarter of the last fiscal year from Rs 79.78 crore in the year-ago period, according to a regulatory filing. Net profit rose to Rs 45.39 crore in the last fiscal year from Rs 30.18 crore in 2020-21. Total income surged to Rs 489.11 crore in 2021-22 from Rs 351.79 crore in the previous year. Dhaval Ajmera, Director Ajmera Realty & Infra India said: "India's real estate sector has shown significant improvement in every quarter of FY22, reinforcing growth momentum. As the pandemic begins to wane across the country, we expect the real estate sector to continue positive growth over the next few years.

Manappuram Finance net profit falls 44% to Rs 261 cr in March quarter

Manappuram Finance on Wednesday reported over 44 per cent decline in net profit at Rs 261 crore in the quarter ended March 2022. The company had posted a net profit of Rs 468 crore in the same quarter of the previous year. "Our PAT (Profit After Tax) has been affected temporarily due to shifting of high yield to lower yielding gold loans. We have reduced Opex (operating expenses) during this quarter and we intend to maintain it at this level. "We are focusing more on collection efficiency and quality growth in MFI books and building up gold loan portfolio," Manappuram Finance said in an investor presentation. The company's net interest income also fell by 10.2 per cent in the March quarter of FY22 to Rs 986.50 crore as against Rs 1,098.40 crore in the year-ago period. It was up by 3.5 per cent from previous quarter's Rs 953.40 crore. The income from operations were down by 8.7 per cent, at Rs 1,481.40 crore during the quarter from Rs 1,484.5 crore. Talking about gold loan busines

Bandhan Bank Q4FY22 income up 43% to Rs 3,504.2 cr; profit at Rs 1,902.3 cr

Net NPAs or bad loans reduced significantly to 1.66 per cent, from 3.51 per cent

Relaxo Footwears Q4 net profit falls 38% to Rs 63 cr; revenue declines 6.6%

Relaxo Footwears Ltd on Wednesday reported a decline of 38.40 per cent in its net profit at Rs 62.93 crore for the fourth quarter ended March 2022. It had posted a net profit of Rs 102.17 crore in the January-March quarter of the preceding fiscal, Relaxo Footwears said in a regulatory filing. Its revenue from operations was down 6.61 per cent to Rs 698.19 crore during the period under review as against Rs 747.68 crore in the corresponding period of the previous fiscal. The company's total expenses were at Rs 619.66 crore, up marginally 0.43 per cent in Q4 FY22, as against Rs 616.96 crore a year ago. For the entire financial year ended on March 31, 2022, Relaxo Footwears' net profit was down 20.19 per cent at Rs 232.68 crore. It had reported a net profit of Rs 291.56 crore in 2020-21. Revenue from operation stood at Rs 2,653.27 crore in 2021-22. This was 12.46 per cent higher than Rs 2,359.15 crore in FY21. Meanwhile, in a separate filing, Relaxo Footwears said its board in a meet

Wipro sees margin pressure over next few quarters as attrition rises

Wipro reported a near 4% year-on-year gain in consolidated net profit for the quarter ending March 31, while revenue rose 28.4%

India Inc likely to see robust Q4 nos despite input cost pressure: Analysts

The next two quarters, according to analysts at Motilal Oswal Securities, are likely to see a sharp margin impact and corporate commentaries will worsen before they get better

Manappuram Finance Dec quarter net profit falls 46% to Rs 261 crore

The non-banking finance company (NBFC) had posted a net profit of Rs 483 crore in the corresponding quarter a year ago

Dhampur Sugar Mills Q3 consolidated net profit up 39% to Rs 76 crore

During the last fiscal, Dhampur Sugar Mills had reported a net profit of Rs 228.96 crore over a total income of Rs 4,248.96 crore

Motherson Sumi shares decline nearly 5% after 80% fall in Q3 PAT

The stock tanked 4.82 per cent to settle at Rs 171.70 on BSE, it declined 4.54 per cent to close at Rs 172.15 on NSE

India Cements Q3 standalone PAT falls significantly to Rs 3.3 crore

The company had registered standalone profits at Rs 62.02 crore during the corresponding quarter in the previous year

Venues begin to re-open, pushing Coca-Cola's sales up 10% in Quarter 4

The Atlanta beverage giant said the fourth quarter was the first time since the pandemic that away-from-home sales volumes exceeded 2019 levels

NMDC net profit jumps 122% in first nine months of FY22

The government-run NMDC registered a turnover of Rs 19,179 crore for the first nine months of the financial year 2021-22

Major tea companies clock lower profits as prices fall, costs rise

A report by Icra said that tea prices remained strong in Q1FY22 and started sliding with the onset of the peak production months of the current year

PayPal profit rises above estimates in Q3 as more people shop online

Net revenue in the third quarter rose over 13% to $6.18 billion.

StanChart Q3 profit doubles as bad loans shrink, trade finance booms

Standard Chartered rode a recovery in pandemic-hit markets to post a stronger-than-expected pre-tax profit for the third quarter on Tuesday

Rocketing raw material costs hit India Inc margins in September quarter

Firms resort to other expenditure cuts to offset pressure on operating profit margins

Tata Metaliks dips 7% on reporting weak operating margin in Q2

In Q2, EBITDA margin came in at 15.5 per cent, lower by 998 basis points (bps) QoQ and 559 bps YoY on the back of higher operating costs