Page 30 - Q3 Results

Affle India surges 21% in 2 days, hits new high post Dec quarter results

The management believes the company is in multi-year technology transformation period of accelerated consumer adoption of mobile and connected devices globally

Gujarat Gas shares surge 14% on strong December quarter results

The company's gas sales volume has shown a robust recovery post lockdown

M&M rallies 10%, nears record high on strong operational performance in Q3

M&M expects the industry to log around 20 per cent YoY volume growth in the tractor segment for FY21E

Higher non-interest income, low rates keep lenders buoyant in Q3

Asset quality remains the key monitorable with gap between proforma and reported NPAs widening

JK Cement third quarter net profit soars 74.8% to Rs 217 crore

The firm reported the jump in profit for the third quarter ended December 2020

Britannia net profit up 22% at Rs 453 cr, revenue rises 6% in Dec quarter

General trade, its largest channel, continues to grow at a healthy pace on the back of buoyancy in rural economy and urban recovery; challenges persist in other channels

State Bank of India shares jump 11% as Street lauds Q3 performance

The stock ended at a new lifetime high of Rs 393 after soaring to Rs 408 in intra-day trade.

PNB net profit declines 18% QoQ to Rs 506 crore in December quarter

The bank's gross non-performing assets ratio dropped by 44 basis points to 12.99 per cent from 13.43 per cent as of September

Zydus Cadila's Q3 net up 41% to Rs 527 cr on strong India biz growth

US formulations business dips 4% with revenues at Rs 1,603 cr, Q3 sees Zydus file 10 additional ANDAs with US FDA, taking total filings to 410

PNB reports net profit of Rs 506 cr in Dec quarter; bad loans down

Total income in the quarter under review rose to Rs 23,298.53 crore as against Rs 15,967.49 crore earlier, PNB said in a regulatory filing

Fortis Healthcare posts Rs 53.88 cr net profit for December quarter

Fortis Healthcare on Friday reported a consolidated net profit of Rs 53.88 crore for Dec quarter, mainly on account of robust performance of its diagnostics segment and reduction in expenses

Mahindra's Q3 net zooms 40% on robust tractor sales, cost control

Impairment booked on account of Ssangyong dented net profit

Dalmia Bharat Sugar sees 39% rise in profir at Rs 37 cr for Dec quarter

Dalmia Bharat Sugar and Industries on Friday reported a 39 per cent rise in consolidated net profit at Rs 37.10 crore for the quarter ended December on higher income.

PNB Q3 results: Net profit at Rs 506 crore, NII at Rs 8,313 crore

The bank's gross non-performing assets (NPAs) reduced to 12.99 per cent for the quarter ended December 2020

Parag Milk Foods third quarter net profit dips 59% to Rs 11.21 crore

Dairy company Parag Milk Foods on Friday reported a 59.35 per cent decline in net profit to Rs 11.21 crore for the third quarter ended December 2020

Aditya Birla Capital posts highest ever consolidated net at Rs 289 cr

Aditya Birla Capital Ltd (ABCL) on Friday posted a 15 per cent jump in consolidated net profit to Rs 289 crore for the quarter ended December 2020, the highest ever consolidated quarterly profit.

Britannia Industries Q3 results: Net profit rises 22.4% YoY to Rs 452 cr

The company's revenue from operations rose 6.1 per cent year-on-year to Rs 3,165 crore

V-Guard Industries net profit up 77% to Rs 78.24 cr in Dec quarter

V-Guard Industries Ltd on Wednesday reported a nearly 77 per cent increase in consolidated net profit at Rs 78.24 crore in the third quarter ended December 2020. It had posted a net profit of Rs 44.24 crore in the October-December quarter last fiscal,V-Guard Industries said in a regulatory filing. Revenue from operations rose 32.15 per cent to Rs 835.03 crore during the period under review. The same was at Rs 631.88 crore in the year-ago period. V-Guard Industries Managing Director Mithun K Chittilappilly said that improved consumer sentiment, festive season and share gain from the unorganised sector have driven growth during the quarter. "The sharp increase in commodity prices led to a slight drop in gross margins," he added. V-Guard's total expenses stood at Rs 730.49 crore in the latest December quarter. Shares of the company closed flat at Rs 240.75 on the BSE.

SBI hits record high post Q3 results; CLSA lists 3 triggers for re-rating

CLSA has raised its target price on SBI's stock by an impressive 45.45 per cent to Rs 560 from Rs 385. This also reflects a 58 per cent upside from the stock's market price as on Thursday

Sensex ends 117 pts up, logs best weekly gain in 10 months; SBI jumps 11%

The broader markets, however, came under selling pressure. The S&P BSE MidCap and SmallCap indices ended 0.93 per cent and 0.28 per cent lower, respectively