Revenue from operations rose nearly 35% to Rs 1.98 trillion
In Q3, the revenue from specialty products came in at $183 million, up 21 per cent YoY
It is optimistic of being a net debt-free company by 2024
The company had registered a net profit of Rs 61 crore in the same quarter a year earlier
Godawari Power and Ispat Ltd (GPIL) on Monday reported an over two-fold jump in net profit at Rs 336.87 crore for the quarter ended December 31, 2021. In the year-ago quarter, the company's "net profit from ordinary activities after tax" stood at Rs 166.36 crore. Total income from operations was at Rs 1,614.66 crore during October-December 2021-22 as against Rs 1,132.49 crore a year ago. Expenses were at Rs 1,160.54 crore compared to Rs 856.94 crore in same period of 2020-21. GPIL is the flagship company of Raipur-based Hira Group of Industries having dominant presence in the long product segment of the steel industry, mainly into mild steel wire.
The company had posted a consolidated profit of Rs 131.57 crore in the corresponding quarter of the previous financial year, Shipping Corporation of India said in a filing to the BSE
Realty major DLF Ltd on Monday reported a 15 per cent fall in its consolidated net profit to Rs 379.49 crore for the quarter ended December.
However, its revenue from operation during October-December 2021 rose 2.13 per cent to Rs 617.52 crore, compared with Rs 604.61 crore in the year-ago period
Net interest income up 18% to Rs 687 cr; gross NPAs down to 6.97% from 7.37% in the year-ago quarter
Exide Industries on Monday said its consolidated net profit declined 26 per cent to Rs 178 crore in the third quarter ended December 31, 2021. The company had reported a net profit of Rs 240 crore in the same period of 2020-21. Revenue from operations rose to Rs 3,312 crore as compared with Rs 2,891 crore, Exide Industries said in a regulatory filing. "Due to unprecedented input cost inflation, profitability has been adversely impacted," MD & CEO Subir Chakraborty noted. The Kolkata-based company said its board has declared an interim dividend of 200 per cent for 2021-22.
The bank had registered a net profit of Rs 35 crore in same quarter of the previous year. Sequentially, the profit was up from Rs 165.45 crore in the September 2021 quarter
Large part of today's rally in the headline indices was led by IT stocks such Tech M, Wipro, Infosys and HCL Tech; financials such as Bajaj twins and SBI, and index heavyweights RIL
The company bagged orders worth Rs 50,359 crore during Q3, down 31% YoY, as the previous year had the benefit of the company securing its biggest ever EPC contract for Mumbai Ahmedabad High Speed Rail
BPCL, DLF, Dwarikesh Sugar, Exide, GIC Housing, HDIL, HPCL, IOC, Jindal Saw, KEC Intl, KPIT Tech, Krsnaa Diagnostics, SCI, Sun Pharma, Suven Life, Tata Motors and UCO Bank in focus ahead of Q3 results
The Mangalore Refinery and Petrochemicals Limited (MRPL) posted a net profit of Rs 969 crore during the third quarter of 2021-22 against a loss of Rs 76 crore in the corresponding period in 2020-21.
Shares of MapmyIndia haven't been able to keep its strong bull run and have fallen around 15 per cent since its bumper listing on the exchanges.
The outlook for India's manufacturing sector seems to have improved in the October-December 2021 quarter even as the cost of doing business remains a cause for concern, according to a FICCI survey.
Its net interest income grew by 36% on a YoY basis to reach Rs 2,580 cr in Q3FY22
Suzlon Energy has posted a consolidated net profit of Rs 37.73 crore in the December 2021 quarter mainly on account of higher revenues
The private sector Karnataka Bank has posted a net profit of Rs 146.42 crore for Q3 of current financial year as against Rs 135.37 crore net profit earned during the corresponding quarter of last year