Page 2 - Q3 Results

SpiceJet back in black after 7 quarters, reports Rs 42.5-cr Q3 net profit

The Ebitda slipped 52.4 per cent to Rs 116.4 crore

Corporate performance: India Inc's profit rises 27% in third quarter

Analysts see a further downside in earnings in the forthcoming quarters

Margin pressures may cap upsides for Voltas; Dec quarter show mixed

After two dismal seasons, the sector is hoping for a recovery this year

Maaza bigger than Coke with Rs 2,826 cr sales in FY21, Limca at Rs 2,061 cr

Fruit drink brand Maaza had reported total sales of Rs 2,826 crore in FY21 in the domestic market, which is higher than the sales of Coke in India, according to a top company official. Limca, a lemon- and lime-flavoured carbonated soft drink brand, had recorded total sales of Rs 2,061 crore in FY21. Both brands (Maaza and Limca) were acquired by The Coca-Cola Company along with Thums Up from Ramesh Chauhan of Parle Bisleri in 1993, when the Atlanta-headquartered company had re-entered the Indian market. Thums Up has now become a billion-dollar brand (Rs 7,500 crore) under Coca-Cola's stable. Last week, during a post-earnings call, The Coca-Cola Company Chairman and CEO James Quincey had said, "Our local Thums Up brand became a USD 1-billion brands in India, driven by focussed marketing and execution plans." On being asked about Maaza and Limca performance, Coca-Cola President (India and Southwest Asia) Sanket Ray told PTI: "Both the brands are doing well." In India, currently, Ma

RailTel posts consolidated income of Rs 474.15 crore in Q3

RailTel Corporation of India Limited, a CPSU under the Ministry of Railways, said its consolidated income rose to Rs 474.15 crore in third quarter of 2021-22, posting Q-o-Q growth of 24.38 per cent

SpiceJet posts profit in Q3 amid turbulent times; to expand 737 MAX fleet

Total income in the latest December quarter climbed to Rs 267.73 crore compared to Rs 187.06 crore in the same period a year ago, according to a regulatory filing

Top headlines: CMD role split made voluntary; SpiceJet posts profit in Q3

Here are the top headlines on Tuesday

Spandana Sphoorty posts consolidated net profit of Rs 45.1 cr in Q3FY22

The income from operations of Spandana Sphoorty Financial on a consolidated basis, in the reporting quarter, rose marginally to Rs 346.1 crore compared to Rs 337.9 crore in Q3FY21.

Grasim becomes net debt-free on standalone basis after fertiliser arm sale

In Dec quarter results, the company said its consolidated revenue was up 16% at Rs 24,402 crore while profit after tax was Rs 1,746 crore, up 26% YoY

Adani Enterprises posts attributable loss of Rs 12 crore in Q3

Firm says results not comparable with previous period due to consolidation of Mumbai Airport in which group acquired 97.97% stake in GVK Airport Developers, its subsidiaries and JVs in July 2021

Manappuram Finance's consolidated net Q3 down 46% to Rs 261 cr

Shift to low-yield gold loans; aggressive advertising spends make dent

Sterling and Wilson Renewable Energy report Rs 429 cr loss in Dec quarter

Sterling and Wilson Renewable Energy on Monday reported a consolidated net loss of Rs 428.78 crore in the quarter ended December 2021.

MTNL posts Rs 659 crore loss in December quarter

State-run telecom company MTNL on Monday reported widening of consolidated loss to Rs 659.28 crore in the third quarter ended December 2021. The company had posted a loss of Rs 637.78 crore in the same period a year ago. The consolidated revenue from operations of MTNL declined by about 16 per cent to Rs 303.56 crore during the reported quarter from Rs 360.49 crore in the December 2020 quarter.

Gateway Distriparks' PAT jumps 44% to Rs 47.9 cr in Dec quarter

Integrated inter-modal logistics provider Gateway Distriparks Ltd on Monday reported a 44 per cent year-on-year jump in profit after tax (PAT) to Rs 47.92 crore in the December 2021 quarter. The company had posted a PAT of Rs 33.24 crore in the corresponding period last fiscal, GDL said in a statement. The total income in October-December 2021 stood at Rs 356.04 crore, a growth of 12.6 per cent as compared with Rs 316.29 crore in the year-ago period, it said. It also said Gateway East India Pvt Ltd and Gateway Distriparks Ltd merged with Gateway Rail Freight Ltd from December 28, 2021. Subsequently, Gateway Rail Freight Ltd changed its name to Gateway Distriparks Ltd, from February 11, 2022. Throughput during the December 2021 quarter rose 19.6 per cent to 180,704 twenty-foot equivalent units (TEUs) as compared with 151,102 TEUs in the quarter year earlier. "The company has delivered another successful quarter with sustained growth and increased revenue and we foresee this positi

Future Retail's Q3 net loss widens to Rs 1,063.4 cr; revenue up 86.8%

Future Retail Ltd (FRL) on Monday reported the widening of its consolidated net loss to Rs 1,063.36 crore for the third quarter ended on December 31, 2021.

McLeod Russel reports Rs 44 crore consolidated net loss in Dec quarter

It had reported a net profit of Rs 1.04 crore in the year-ago period

Ipca Laboratories' PAT declines 26% to Rs 199.9 crore in December quarter

The company had posted a consolidated net profit of Rs 265.47 crore in the corresponding period last fiscal, Ipca Laboratories said in a regulatory filing

Dish TV Q3 profit down 7.17% to Rs 80.21 crore, revenue down 12.8%

The company had reported a net profit of Rs 86.41 crore in the October-December quarter a year ago, Dish TV said in a BSE filing

Eicher Motors net profit drops 14% at Rs 456 crore in Q3 as sales drop

The company had posted a consolidated net profit of Rs 532.59 crore in the December quarter of 2020-21

Natco Pharma consolidated net profit up 27% to Rs 80 crore in Dec quarter

The Hyderabad-based company had reported a net profit of Rs 63.4 crore in the October-December period of previous fiscal