Page 10 - Q3 Results

Aditya Birla Fashion Q3 net profit up over three-folds at Rs 196.80 crore

Aditya Birla Fashion and Retail Ltd reported an over three-fold jump in its net profit at Rs 196.80 crore for the third quarter ended December 2021

City Union Bank Q3 net rises 15% to Rs 196 crore on lower provisioning

City Union Bank (CUB) on Friday reported a 15 per cent rise in net profit at Rs 196 crore for the quarter ended December 2021 on lower provisioning requirements.

Godrej Agrovet Q3 consolidated net down 8.37 pc at Rs 62.39 cr

Agri-business company Godrej Agrovet reported an 8.37 per cent decline in consolidated net profit at Rs 62.39 crore for the quarter ended December 2021.

Siemens December quarter net profit drops 15% to Rs 250 crore

Siemens on Friday reported 15 per cent dip in consolidated net profit at Rs 250.8 crore for December quarter 2021. The company had logged a net profit of Rs 295.5 crore in the year-ago period, a BSE filing stated. Total income rose to Rs 3,610 crore in the quarter from Rs 2,983.3 crore in the same period a year ago. Total expenses also rose to Rs 3,272.5 crore from Rs 2,623 crore. The company follows October to September financial year. During the quarter, Siemens registered revenue from continuing operations at Rs 3,197 crore, 11.8 per cent increase over the year-ago period, a company statement said. New orders from continuing operations stood at Rs 5,300 crore, a 65.3 per cent increase over the same period last year. The company's order backlog stands at Rs 15,575 crore. Profit after tax from continuing operations was at Rs 245 crore, down 6.5 per cent over the same period last year, it stated. "All our businesses demonstrated very strong growth. New orders booked in the quar

Thermax consolidated net profit down 5% to Rs 79 crore in Dec quarter

Energy and environment solutions provider Thermax reported 5 per cent dip in consolidated net profit at Rs 79 crore for December quarter 2021-22

Radico Khaitan Q3 net profit down 5.8% at Rs 79.13 crore; sales up 8.8%

Liquor maker Radico Khaitan Ltd has reported a decline of 5.88 per cent in its consolidated net profit at Rs 79.13 crore for the third quarter ended December 2021. The company had posted a consolidated net profit of Rs 84.08 crore in the October-December quarter a year ago, Radico Khaitan said in a BSE filing on Thursday. However, its revenue from operations was up 8.84 per cent to Rs 3,306.67 crore during the quarter under review as against Rs 3,037.90 crore in the corresponding period a year ago. Radico Khaitan's total expenses were at Rs 3,207.73 crore, up 9.39 per cent in Q3/FY 2021-22, as against Rs 2,932.29 crore. Its sales volume of total Indian-Made Foreign Liquor (IMFL) was up 7.4 per cent during the quarter to 6.98 million cases. Meanwhile, in a separate filing, Radico Khaitan informed that its board in a meeting held on Thursday approved establishment of a new greenfield grain-based distillery in Sitapur, Uttar Pradesh, with a production capacity of up to 330 KL per day

ABFRL net profit jumps over three-fold to Rs 196.80 cr in December quarter

Aditya Birla Fashion and Retail Ltd on Friday reported over a three-fold jump in its net profit to Rs 196.80 crore for the third quarter ended December 31. The company had posted a net profit of Rs 58.44 in the year-ago quarter, Aditya Birla Fashion and Retail Ltd (ABFRL) said in a regulatory filing. Its revenue from operations rose 43.87 per cent to Rs 2,987.10 crore during the quarter under review, against Rs 2,076.19 crore in the corresponding period of the previous fiscal. ABFRL's total expenses increased 36.52 per cent to Rs 2,744.35 crore in the quarter, from Rs 2,010.17 crore a year ago. Its revenue from Madura Fashion & Lifestyle segment surged 57.59 per cent to Rs 1,990.52 crore, compared to Rs 1,263.10 crore in the year-ago quarter. Pantaloons' revenue increased 31.45 per cent to Rs 1,066.43 crore, against Rs 811.27 crore. Shares of Aditya Birla Fashion and Retail Ltd on Friday closed 2.91 per cent lower at Rs 295.30 apiece on the BSE.

Top headlines: Fresh blow to Musk's India plans; IndiGo posts profit in Q3

Business Standard brings you the top headlines on Friday

Sensex slips 143 pts; Nifty holds 17,500; Realty, PSBs dip, metals shine

Among the Sensex pack, SBI was the biggest loser as it dropped over 2 per cent. M&M, NTPC, Kotak Bank, Bajaj Finserv, HDFC, Power Grid, and RIL were the other losers, all down between 1-1.8 per cent

Barbeque-Nation shares climb nearly 3% post third quarter earnings

Shares of Barbeque-Nation Hospitality Ltd on Friday jumped nearly 3 per cent after the company reported a consolidated net profit of Rs 14.83 crore for the third quarter ended December 2021.

SBI, Bank of Baroda to report Q3 results on Saturday; here's what to expect

According to analysts, SBI can see continued traction in their operating performance, supported by modest business growth, while BoB may see a weak Q3 earnings show

ITC gains 2% on better than expected December quarter results

ICICI Securities believes stable taxation on cigarettes would result in high growth in cigarette volumes in the medium term.

Godrej Properties slumps 10% as board approves investment in DB Realty

In the last two trading sessions, the stock has tanked 16 per cent. The company reported a subdued December quarter as its pre-sales volumes declined 7 per cent YoY and 39 per cent on a QoQ basis.

Barbeque-Nation Hospitality net profit at Rs 14.83 crore in Dec quarter

Barbeque-Nation Hospitality Ltd reported a consolidated net profit of Rs 14.83 crore for the third quarter ended December 2021.

Godrej Properties logs nearly three-fold jump in Q3 profit at Rs 39 cr

Total income increased to Rs 466.91 crore in the quarter from Rs 311.12 crore in the corresponding period of the previous year, according to a regulatory filing

Zydus Q3 net down 5% to Rs 500 cr as sales dip in US and domestic markets

Revenue from operations nearly flat at Rs 3,655 crore in reporting quarter

Titan Q3 net zooms 91% to Rs 1,004 cr, revenue up 37% on robust demand

Driven by festive purchases in October and November, the jewellery business registered an income of Rs 8,563 crore with 37% growth in Q3FY22

ITC Q3 results: Net profit rises 14.8% to Rs 4,118.80 cr, revenue jumps 30%

Pre-tax profits from the non-cigarettes FMCG segment was at Rs 246 crore, compared with Rs 243 crore in the same period last year

Emami Q3 consolidated PAT up 5% at Rs 220 cr, revenue rises 4% to Rs 972 cr

Company said quarter had high inflation leading to deceleration in consumer demand and gross margins at 67.4% contracted by 300 bps due to spike in key input prices

Pfizer net profit rises 2% at Rs 144 crore in December quarter

Drug firm Pfizer said its net profit increased by 1.89 per cent to Rs 143.91 crore for the third quarter ended December 31, 2021.