Page 11 - Q3 Results

Board of Coromandel International appoints S Venu as Additional Director

Agri-solutions provider Coromandel International Ltd reported a 16.2 per cent rise in profit after tax at Rs 379 crore for the quarter ending December 31, 2021.

JK Tyre's net profit drops 77% to Rs 54 cr in December quarter

JK Tyre & Industries on Thursday said its consolidated net profit declined 76.6 per cent to Rs 53.92 crore for the third quarter ended December 31, 2021. The company had reported a consolidated net profit of Rs 230.46 crore in the corresponding period last fiscal, according to BSE filing. However, its revenue from operations in October-December 2021 rose to Rs 3,076.03 crore as compared with Rs 2,769.28 crore in the year-ago period, JK Tyre said in a statement. "We are optimistic on the outlook of the tyre industry and believe there will be good demand growth across all market segments given the expected economic activity going forward and the waning effect of the pandemic," JK Tyre Chairman and Managing Director Raghupati Singhania said. In a separate regulatory filing, the tyre maker said the Competition Commission of India (CCl) has published an order dated August 31, 2018, against the company and some other OEMs (original equipment manufacturers) for alleged contravention of ..

Adani Power posts Rs 218 crore consolidated net profit for Dec quarter

Adani Power on Thursday posted Rs 218.49 crore consolidated net profit for December quarter 2021-22. The company incurred a loss of Rs 288.74 crore in the year-ago period, a BSE filing stated. Total income stood at Rs 5,593.58 crore in the quarter. It was Rs 7,099.20 crore in the same period a year ago. Total expense was at Rs 5,389.24 crore in the quarter under review. In the year-ago period, it was Rs 7,304.95 crore. The company said capacity utilization was impacted in the quarter due to shortage of domestic coal and high prices of imported coal. The Tiroda plant was the only plant to report an increase in capacity utilization, whereas the Udupi plant was shut down for the entire quarter due to "backdown" by Karnataka power distribution companies on account of high import coal prices. As a result of the above, during the quarter, Adani Power achieved a consolidated average Plant Load Factor (PLF) of 40.9 per cent and sales volume of 10.5 billion units as compared to a PLF of 7

Aditya Birla Capital Q3 consolidated net doubles to Rs 577 cr

Improved interest margins; AMC stake sale boost bottomline

Torrent Power Q3 net up 15% to Rs 369 cr on gains from LNG trading

Consolidated revenues from operations up 28% to Rs 3,767.43 crore in Q3 of FY22

Emami net profit rises 5% to Rs 220 cr in December quarter

Revenue from operations was up at Rs 971.85 crore during the quarter under review as against Rs 933.61 crore in the year-ago period

Brigade revenue rises 43% to Rs 921 cr in Q3, net profit at Rs 78 cr

The company has reported sales of 1.1 million square feet valued at Rs 684 crore during Q3 of FY22

GAIL reports highest quarterly net profit on natural gas price jump

While natural gas transmission volumes and profitability remained almost unchanged, the firm saw its profitability from the marketing of the fuel jump to Rs 1,749.71 crore in Q3

Adani Transmission net profit dips 40% to Rs 277 cr in Dec quarter

Adani Transmission on Thursday reported a 40 per cent decline in its consolidated net profit to Rs 277 crore for the December 2021 quarter. The company had reported a consolidated net profit of Rs 464 crore in the quarter ended December 31, 2020, according to a BSE filing. Its total income during October-December 2021 rose to Rs 3,085.20 crore, from Rs 2,734.04 crore in the year-ago period. "In Q3 (third quarter), the consolidated PAT (profit after tax) decline of Rs 187 crore, (-)40.3 per cent y-o-y decline. "Q3FY22 PAT (October-December 2021) not comparable y-o-y on account of Rs 62 crore reversal of earlier interim power purchase bill, one-time deferred tax assets creation of Rs 129 crore and forex MTM gain of Rs 40 cr in Q3FY21 (October-December 2020) in (electricity) distribution business," the company said in a statement. Anil Sardana, MD and CEO of Adani Transmission, in the statement said, "Adani Transmission is constantly evolving and becoming a significant player in T&D

Kalyan Jewellers Q3 consolidated profit after tax up 16% at Rs 134 cr

Revenue from operations grew by 16.99 per cent to Rs 3,435.39 crore, compared to Rs 2,936.25 crore in the same period of the previous fiscal

Share price of this sugar company has jumped four-fold in one year

Shares of Triveni Engineering hit a new high of Rs 285.30, on rallying 9 per cent in intra-day trade. The stock zoomed 313 per cent from its 52-week low of Rs 69 touched on February 16, 2021.

HDFC stock could see some re-rating following encouraging Q3 show

Strong demand for home loans and improved collection efficiency augur well

IOB Q3 net profit goes up by 113% as provisions decline sharply

The public sector lender's net interest margin declined to 2.4 per cent in Q3FY22 from 2.45 per cent in Q3FY21

Mahindra Finance Q3 consolidated net at Rs 992 cr after year-ago loss

Sequentially, however, profit fell by 10% from Rs 1,103 crore

HDFC Ltd's Q3 net up 11% YoY to Rs 3,261 cr, beats street estimates

Higher income and lower-than-expected credit loss cited for better show; NII up 7% to Rs 4,284 crore

Tata Consumer Products' Q3 net profit jumps 22.2% to Rs 290 crore

Tata Consumer Products Ltd (TCPL) on Wednesday reported a 22.19 per cent jump in its consolidated net profit to Rs 290.07 crore for the third quarter ended December 31, 2021.

Jubilant FoodWorks Q3 net rises 7.5% to Rs 133 cr; board OKs stock split

The board of directors has approved and recommended for approval of shareholders, the sub-division of equity shares from face value of Rs 10 each to face value of Rs 2 each

Adani Green Energy net up 20% to Rs 49 cr in December quarter

The company had reported a consolidated net profit of Rs 41 crore in the quarter ended on December 31, 2020, a BSE filing stated

Dhanuka Agritech Q3 profit up 6% at Rs 42.5 cr; revenue up 19% at Rs 364 cr

Agro-chemicals firm Dhanuka Agritech Ltd reported a six per cent increase in its consolidated net profit to Rs 42.51 crore for the quarter ended December.

Gillette India posts 13.9% decline in profit to Rs 70.50 cr for Dec quarter

Shaving products maker Gillette India Ltd reported a 13.9 per cent decline in net profit to Rs 70.50 crore for the quarter ended in December 2021