Page 4 - Q3 Results

Voltas third quarter consolidated net profit down 25% to Rs 97 crore

Voltas Ltd on Friday reported 24.93 per cent decline in The Tata group firm had posted a consolidated net profit of Rs 128.64 crore for the year-ago period, Voltas said in a regulatory filing

Ashok Leyland back in the black with Rs 6 crore net profit in Q3

The firm has posted a loss of Rs 19 crore during October to December period of the previous financial year

Fortis Healthcare's Q3 profit after tax sees over twofold jump to Rs 142 cr

Fortis Healthcare on Friday said its consolidated profit after tax (PAT) rose by over twofold to Rs 142 crore in the third quarter ended December 31, 2021. The company had reported a PAT of Rs 54 crore in the corresponding period last fiscal. Its revenue during October-December 2021 rose to Rs 1,466.7 crore as compared with Rs 1,177 crore in the year-ago period, Fortis Healthcare said in a statement. "Our efforts to drive operations both in terms of revenue accretion and cost optimisation initiatives have yielded positive results as witnessed in the Q3 performance and over the past few quarters," Ravi Rajagopal, chairman (board of directors) of Fortis Healthcare, said. Strategic plans for further strengthening clinical specialities, medical programmes and infrastructure are actively being pursued, he added. "Investments in brownfield (existing) bed expansion should see the company add close to 250-300 beds each year for the next few years, taking our operational bed capacity to ov

Defence PSU GRSE Q3 net profit up 10%; govt gets Rs 42 cr interim dividend

Defence PSU Garden Reach Shipbuilders Ltd (GRSE) on Friday announced a 10 per cent jump in net profit to Rs 63 crore for the third quarter ending December 2021 amid Covid disruptions.

Godrej Industries Q3 net profit at Rs 183 crore; revenue at Rs 3,515 crore

Godrej Industries Ltd reported a profit after tax of Rs 182.78 crore for third quarter ended December 2021 and announced investment of up to Rs 2,500 crore in Godrej Properties and Godrej Agrovet Ltd

Apollo Hospitals net profit jumps 82% to Rs 243 cr in December quarter

'The third quarter saw us continue on the path to recovery in line with the revival in the overall economy,' Apollo Hospitals Group Chairman Prathap C Reddy noted

Metropolis Healthcare net profit dips 30% to Rs 41 cr in December quarter

Metropolis Healthcare on Friday said its net profit declined 29.69 per cent to Rs 41.2 crore for the third quarter ended December 31, 2021. The diagnostics chain had reported a net profit of Rs 58.6 core in the same period of previous fiscal. Revenues, however, increased to Rs 293.1 crore in the period under review as against Rs 274.7 crore in the same period of 2020-21 fiscal, Metropolis Healthcare said in a statement. "We have been able to grow our non-COVID revenue despite a sharp drop in volumes from a government contract. We have made increased investments in digital and marketing, manpower & customer experience initiatives in order to strengthen our brand. This has impacted margins which we believe is a short-term phenomenon," Metropolis Healthcare Promoter and Managing Director Ameera Shah noted. The company has been able to successfully complete the acquisition of Hitech Diagnostics during the third quarter which will enable it to scale up business, improve the B2C revenue

Sobha consolidated net profit rises 51% to Rs 32.7 crore in Dec quarter

Realty firm Sobha Ltd on Friday reported a 51 per cent increase in its consolidated net profit at Rs 32.7 crore for the quarter ended December.

Inox Wind net loss widens to Rs 63.95 cr in December quarter

Total income dipped to Rs 185.91 crore in the quarter from Rs 209.44 crore in the same period a year ago

Arvind Fashions posts Q3 net of Rs 6 crore after narrowing biz

Having raised funds to deleverage, it had exited certain brands to focus on only six marquee ones: US Polo Association, Arrow, Flying Machine, Calvin Klein, Tommy Hilfiger and beauty brand Sephora

Akzo Nobel India Q3 net down 4% at Rs 84 cr; revenue up 18% at Rs 914 cr

Paints and coatings maker Akzo Nobel India Ltd on Friday reported a 4.06 per cent decline in consolidated net profit to Rs 83.82 crore for the quarter ended December 2021

PFC net profit rises nearly 24% to Rs 4,893 cr in December quarter

The company had reported a consolidated net profit of Rs 3,963.18 crore in the quarter ended December 2020, a BSE filing stated

Sensex slides 773pts, Nifty ends below 17400 amid global pullback; IT bleed

All the sectoral indices settled in the negative territory today with technology and public sector banks being the worst hit. The IT and PSB indices dropped nearly 3% and 2%, respectively

India Cements Q3 net dips 76% to Rs 16 cr on rain, Covid disruption

The company's revenue from operations too saw a marginal dip of 2 per cent during the quarter to Rs 1,160 crore

Auto components major Motherson Sumi Q3 net dips 80% to Rs 226 crore

Total revenue from operations stood at Rs 16,117.51 crore in the quarter under review against Rs 17,092.44 crore in the year-ago period

India Cements Q3 standalone PAT falls significantly to Rs 3.3 crore

The company had registered standalone profits at Rs 62.02 crore during the corresponding quarter in the previous year

Speciality Restaurants surges 16%, stock at 3-yr high on strong Q3 earnings

Thus far in the month of February, the stock has zoomed 49 per cent, as compared to 0.04 per cent rise in the S&P BSE Sensex.

Policybazaar slumps 11% on heavy volumes; stock down 16% in two sessions

Till 10:00 am; around 7.5 million equity shares representing 1.67 per cent of total equity of PB Fintech changed hands on the NSE.

Stocks to Watch: RIL, Zomato, M&M, Hindalco, Bharat Forge, MRF, Hero Moto

Apollo Hospitals, Ashok Leyland, Bajaj Hindusthan, Divis Labs, Fortis Healthcare, Glenmark, Godrej Industries, IDFC, India Cements, Jet Airways, PFC, Shree Renuka Sugars, Star Health and Voltas to ann

Whirlpool of India Q3 consolidated net profit down 38% to Rs 44 crore

Total expenses were at Rs 1,498.60 crore as against Rs 1,435.29 crore a year ago