Page 8 - Q3 Results

Sensex snaps 3-day losing run, ends 187 pts up; RIL gains 2%, PSBs shine

The 30-pack index was lifted by Tata Steel (up 3 per cent), RIL (up 2 per cent), Bajaj twins, and Asian Paints

Policybazaar parent's loss widens 55% to Rs 297 cr in Q3, revenue up 73%

Revenue contribution of insurance services slides to 53 per cent in Q3 of FY22 from 68 per cent in the year-ago period

Indian Bank net profit rises 34% to Rs 690 crore in Dec quarter

'A major reason for the rise in net profit was improvement in asset quality', said Shanti Lal Jain

Union Bank Q3 net up 49.3%; provisions & contingencies fall sharply

NII rises 8.9% to Rs 7,174 cr; gross NPAs declin to 11.62% in December 2021 from 13.49% a year ago

GSK Pharma's net profit falls 3.9% to Rs 150.3 cr in December quarter

The company had posted a consolidated net profit of Rs 156.51 crore in the corresponding quarter last fiscal, GlaxoSmithKline Pharmaceuticals said in a regulatory filing

Punjab & Sind Bank reports net profit of Rs 301 crore in December quarter

State-owned Punjab & Sind Bank (PSB) on Monday reported a net profit of Rs 301 crore for the quarter ended December 2021 as the lender saw good growth in overall business mix and better cash recoveries following its turnaround strategy started a year back. The lender had posted a net loss of Rs 2,376 crore in the same quarter a year ago. Sequentially, the net profit was up by 38.1 per cent from Rs 218 crore in the quarter ended September 2021. "The bank was undergoing a turbulent time a year before and then the bank turned around in the quarter ended March 2021 after a consecutive loss for about eight quarters. "Since then, the bank has been continuously making profits. Having said that, if we look into Q3FY22, it is one of the highest bottomline that we have. The net profit is at Rs 301 crore while a year before it was a huge loss," S Krishnan, MD and CEO, Punjab & Sind Bank told a media conference after the earnings announcement. Total income rose to Rs 2,042.03 crore, as ...

InterGlobe Aviation shares rally nearly 10% on Dec quarter profit

On the volume front, 1.56 lakh shares were traded on BSE and 44.81 lakh on NSE

Lubricant brand Castrol India net profit flat in December quarter

Lubricant brand Castrol India Ltd on Monday reported a net profit of Rs 189 crore in the fourth quarter ended December 31, almost unchanged from the year-ago period.

GIPL's net profit declines 9% to Rs 27.91 crore in December quarter

Gujarat Industries Power Company Ltd (GIPL) on Monday reported a nearly nine per cent fall in its standalone net profit to Rs 27.91 crore for the December 2021 quarter, mainly due to lower revenues.

Borosil consolidated profit rises 15% at Rs 25 cr in December quarter

Borosil Ltd on Monday reported 15.23 per cent rise in consolidated net profit at Rs 25.26 crore for the third quarter ended December 2021

JM Financial's net profit jumps 20% to Rs 217 crore in December quarter

JM Financial on Monday said its consolidated net profit witnessed a 20 per cent jump to Rs 216.80 crore in the December 2021 quarter.

Future Supply Chain Solutions' loss narrows to Rs 4.29 cr in Dec quarter

Future Supply Chain Solutions Ltd (FSCSL) on Monday reported narrowing down of its net loss to Rs 4.29 crore for the third quarter ended December 2021.

Indian Bank profit jumps 34% to Rs 690 crore in December quarter

Indian Bank on Monday reported 34 per cent jump in standalone profit after tax (PAT) at Rs 690 crore for December quarter 2021-22 helped by higher non-interest income. The state-owned lender had reported a PAT of Rs 514 crore for the year-ago period. During the quarter our operating profit grew 16 per cent. This was driven by growth in NII and other income. Our fee income rose by 11 per cent, forex income by 32 per cent and recovery in bad debts also increased by 111 per cent, Managing Director and CEO S L Jain told reporters. Net interest income (NII) marginally grew by 2 per cent to Rs 4,395 crore from Rs 4,314 crore in the year-ago period. Operating profit rose 16 per cent to Rs 3,288 crore. Non-interest income surged 36 per cent to Rs 1,556 crore. Fee income and forex income grew 11 per cent and 32 per cent, respectively. The bank's recovery of bad debts increased by 111 per cent to Rs 278 crore in the quarter. Domestic net interest margins (NIM) declined by 10 basis points t

Nalco posts over three-fold jump in December quarter profit at Rs 831 cr

National Aluminium Company Ltd (Nalco) on Monday said its December quarter consolidated profit surged over three times to Rs 830.67 crore. The company had posted a profit of Rs 239.71 crore for the year-ago period, Nalco said in a filing to BSE. Income during the quarter increased to Rs 3,845.25 crore over Rs 2,414.95 crore in the year-ago period, the filing said. The company paid final dividend of Rs 1 per equity share amounting to Rs 183.66 crore for 2020-21. With this, the total amount of dividend payout for 2020-21 is Rs 3.50 per equity share -- interim dividend of Rs 2.50 per share and final dividend of Rs 1 per share amounting to Rs 644.27 crore.

TVS Motor Q3 net up 9% to Rs 288 cr, revenue at all-time quarterly high

The company's operating EBITDA margin stood at 10 per cent during the period under review as against 9.5 per cent during the third quarter ended December 2020

Minda Industries posts 13% fall in PAT to Rs 118 cr for December quarter

Revenue from operations during October-December 2021 rose seven per cent to Rs 2,181 crore, compared with Rs 2,031 crore in the year-ago period

Sensex dips 1,024 pts amid rising oil price, FII selling; Nifty holds 17200

FIIs' favorite names and heavyweights like HDFC twins, ICICI Bank, Infosys, Kotak Bank, and Reliance Industries saw sharp cuts

Punjab and Sind Bank post Rs 301 cr net profit in Q3 versus year-ago loss

Interest margins improve; provisions & contingencies fall sharply

HDFC Group shares falter: HDFC at 6-month low; HDFC Life hits 52-week low

HDFC, HDFC Bank, HDFC AMC and HDFC Life were underperforming the market by falling in the range of 3 per cent to 4 per as against a 1.7 per ent decline in the S&P BSE Sensex.

SBI, Tata Steel, IndiGo: Key levels to watch on these stocks post Q3 nos

Shares of Bank of Baroda can jump 15% as it claimed a new 52-week high