Page 15 - Q3 Results

Hindustan Media Ventures Q3 net profit down 12% to Rs 31 crore

The company had posted a net profit of Rs 35.19 crore for October-December period a year ago

Sensex slips 581 pts amid hawkish US Fed, F&O expiry; Nifty holds 17,100

Sectorally, the Nifty PSU Bank index jumped a massive 5 per cent on the NSE, while the Nifty Bank and Private Bank indices added about a per cent each

Wockhardt reports consolidated net profit of Rs 1.77 cr in Q3

Drug maker Wockhardt on Thursday reported a consolidated net profit of Rs 1.77 crore for the third quarter of 2021

Torrent Pharma tumbles 14% on disappointing Q3 results

In Q3FY22, earnings before interest tax and depreciation and amortization (EBITDA) margins declined 490 bps YoY to 25.5 per cent driven by price erosion in the US.

Federal Bank's Q3 net profit rises 29% to Rs 522 cr on lower provisions

Net interest income rose by 7% to Rs 1,539 cr

Axis Bank's re-rating 'imminent' provided it manages one operational metric

On the back of this consistent beat on earnings, analysts believe Axis Bank's stock is set to re-rate. They see up to 53 per cent upside in the stock

Torrent Pharma net profit drops 16% to Rs 249 crore in third quarter

The company's revenue from operations in the third quarter stood at Rs 2,108 crore as compared to Rs 1,995 crore in the same period of previous fiscal

United Spirits Q3 profit up 27% to Rs 291 cr; net sales up 7.6%

Diageo-controlled liquor maker United Spirits Ltd on Tuesday reported a 26.62 per cent increase in consolidated net profit at Rs 291.1 crore for the third quarter ended December 2021. The company had posted a net profit of Rs 229.9 crore in the October-December period a year ago, United Spirits Ltd (USL) said in a regulatory filing. Its revenue from operations rose 7.64 per cent to Rs 8,854.5 crore, as against Rs 8,226 crore in the corresponding period of the previous fiscal. Diageo India CEO Hina Nagarajan said, "We have delivered a strong quarter, continuing the growth momentum amidst rising inflation. The broad-based growth in the Prestige & Above segment demonstrates the strength of our portfolio and the continued agility and resilience of the team." USL's net sales of 'Prestige & Above' segment increased 20 per cent with strong double-digit growth in its scotch portfolio. However, its 'Popular segment' net sales declined 1.7 per cent, while priority states were ...

Pidilite Industries' net profit falls 19.5% to Rs 359.2 cr in Dec quarter

Pidilite Industries, a leading manufacturer of adhesives, sealants and construction chemicals, on Tuesday reported a 19.5 per cent decline in its consolidated net profit to Rs 359.24 crore for the third quarter ended December 2021. The company had posted a Rs 446.43-crore profit in the corresponding period a year ago, Pidilite Industries said in a regulatory filing. Its revenue from operations during the October-December 2021 jumped 24 per cent to Rs 2,850.72 crore, compared with Rs 2,299.02 crore in the year-ago period. "Robust double-digit revenue growth in this quarter was led by staggered pricing actions and steady demand conditions," Pidilite Industries said in a statement. Its growth was broad-based across consumer and bazaar (C&B) and business-to-business (B2B) with growth in urban geographies outpacing rural geographies. However, it also added that "gross margins continue to get impacted on account of an unabated increase in input cost". Pidilite Industries Managing ...

Max India reports Rs 5.7 crore consolidated net loss in December quarter

Total income rose to Rs 42.83 crore in the third quarter of this fiscal from Rs 34.20 crore in the corresponding period of the previous year

Cosmo Films Q3 net profit rises 66% to Rs 104.4 crore; revenue up 35%

In a separate filing, Cosmo Films said its board on Tuesday declared a second interim dividend of 100 per cent, or Rs 10 per equity share

Realty firm Macrotech Developers Q3 profit up 24% at Rs 286 crore

Realty firm Macrotech Developers on Tuesday reported a 24 per cent increase in its consolidated net profit to Rs 286.38 crore for the quarter ended December on higher sales.

IPO-bound LIC's H1FY22 profit after tax surges to Rs 1,437 crore

Its new business premium growth rate stood at 554.1 per cent in H1FY22

Axis Bank shares rise nearly 7% as Q3 net profit surges three-fold

Shares of Axis Bank on Tuesday rallied nearly 7 per cent after the company reported a sharp three-fold jump in its consolidated net profit for the December quarter.

Sensex snaps 5-day losing run, ends 367 pts up; Nifty holds 17,250

Bargain buying in banking and auto counters amid better-than-expected Q3 results by Axis Bank and Maruti Suzuki pushed the index 367 points higher at 57,858 level at close

Maruti Suzuki Q3 net profit falls 48% to Rs 1,011 cr, but beats estimates

The carmaker said it had more than 240,000 pending customer orders at the end of the third quarter

Voda Idea, Burger King, ICICI Bank: Strategies for result-driven stocks

Follow-up buying in some of these stocks can see them move up in the sessions ahead. However, investors need to be mindful of the overall market volatility besides the technical setup

Testing time for RIL; will the stock manage to hold its one-year support?

The index heavyweight lost significant ground after breaking its earlier support at Rs 2,600, and now trades 18 per cent lower from its 52-weeks high.

Deepak Nitrite dips 9% on margins disappointment in December quarter

In Q3FY22, its PAT was up 12 per cent at Rs 242 crore, on stable operational performance, partly bolstered by sharp reduction in finance costs owing to repayment of high-cost debt.

Reliance Industries slips 7% in two days, loses over Rs 1-trn in market cap

Meanwhile, the company has issued a clarification on loan of Rs 750 crore granted to Shapoorji Pallonji Company by its arm Reliance Ventures Limited