Page 9 - Q3 Results

Lupin slips 9% in two days, hits 52-week low on disappointing Q3 results

In the past six months, the stock has shed nearly 30 per cent, as compared to a 7 per cent rise in the S&P BSE Sensex.

GNFC soars 15%, hits 52-week high on robust Q3 earnings

On outlook, GNFC said that the company is in a position to leverage boom in specific products and optimize, both, realization and profits, with flexible and multiple product basket.

Bayer Cropscience posts Rs 85 crore net profit in third quarter

Bayer Cropscience Ltd posted a net profit of Rs 84.8 crore for the third quarter of 2021-22 on better revenue and sale of its seed business.

Bayer Cropscience posts Rs 84.8-cr net profit for Dec quarter

Bayer Cropscience Ltd has reported a net profit of Rs 84.8 crore in the third quarter ended December 2021, despite unseasonal rains, crop infestations and a challenging corn season. The company had posted a net loss of Rs 45.1 crore in the corresponding quarter last fiscal. Net revenues rose to Rs 999.9 crore during the third quarter of the financial year 2021-22, compared with Rs 936.5 crore in the year-ago period. In a statement, the company said it has earned a profit of Rs 58.5 crore from the sale of its seed business to crystal crop protection on December 1, 2021. Expenses remained higher at Rs 940.6 crore, against Rs 830.4 crore in the said period. The company said it has incurred expenses in relation to the separation of employees arising from restructuring measures due to the amalgamation of Monsanto India Ltd with Bayer CropScience. Commenting on the performance, Bayer CropScience Executive Director Simon-Thorsten Wiebusch said the revenue has grown in the third quarter

SBI Q3 net profit jumps 62% to Rs 8,432 cr, asset quality improves

Lender posts highest quarterly profit in Q3FY22, sees improvement in interest margins

Bank of Baroda Q3 net profit doubles to Rs 2,197 cr on lower provisions

Asset quality of the bank improved both sequentially and on a YoY basis; provisions of the lender fell over 27% to Rs 2,506 cr

CMS Info Systems logs 48% growth in December quarter net at Rs 60 cr

CMS Info is the country's largest cash management company based on number of ATM points and the number of retail pick-up points as well as one of the largest ATM cash management companies worldwide

Despite strong Q3 results and outlook, GAIL stock yet to fire up

Most analysts are positive about Q3 results and guidance, with target prices ranging between Rs 200 and Rs 250

Strong outlook to support SRF stock as Dec qtr show beats all estimates

Q3 performance was led by strong demand/realisations in the chemicals business

IndiGo swings back to profit after 7 qtrs, appoints co-founder Bhatia as MD

IndiGo swung back into profit after registering seven consecutive quarters of loss thanks to a rebound in travel demand during the holiday season

Bank of India Q3 net up 90% to Rs 1,027 cr on sharp fall in provisions

The bank's NII declined by 18.7% to Rs 3,407 crore in reporting quarter

Airtel Africa profit after tax up 54% to $180 million in December quarter

Airtel Africa reported a 54.4 per cent increase in profit after tax (PAT) to $180 million for the December 2021 quarter.

Birla Corp December qtr net down 59% to Rs 60 cr as cement demand shrinks

Revenues for the quarter dipped from Rs 1,823 crore to Rs 1,757 crore as sales volume dropped by 5.6%

Lupin consolidated net profit up 24% at Rs 545 crore in Dec quarter

Drugmaker Lupin reported a 24.45 per cent rise in its consolidated net profit at Rs 545.5 crore for the third quarter ended December 31

Eveready Industries net profit down 51% to Rs 24 crore in Dec quarter

Battery and flashlights maker Eveready Industries India Ltd reported 51.41 per cent decline in consolidated net profit at Rs 23.71 crore for the third quarter ended December 31, 2021.

Shree Cements Ltd Q3 net profit decline 23.5% at Rs 482.70 crore

Shree Cements Ltd on Friday reported a decline of 23.57 per cent in its consolidated net profit at Rs 482.70 crore for the third quarter ended December 31, 2021. It had reported a net profit of Rs 631.58 crore in the October-December quarter a year ago, Shree Cements said in a filing to the BSE. Its revenue from operations was up 2.24 per cent at Rs 3,637.11 crore during the quarter under review as against Rs 3,557.21 crore in the corresponding quarter last fiscal. Shree Cements' total expenses were at Rs 3,131.12 crore, up 11.32 per cent in Q3/FY22, as against Rs 2,812.58 crore. Meanwhile, in a separate filing, Shree Cements informed that its board in a meeting held on Friday declared an interim dividend of Rs 45 per equity share of Rs 10 each for the financial year 2021-22. The company operates into the market with the brands -- Bangur Cement, Shree Cement, Shree Jung Rodhak and Rockstrong. Shares of Shree Cements Ltd on Friday settled at Rs 24,704 on the BSE, down 0.54 per cen

Tata Steel PAT up 139% to Rs 9,598 cr in Dec qtr on economic recovery

Consolidated turnover was at Rs 60,783 crore in the quarter compared to Rs 41,935 crore a year back

Paytm loss widens 45% to Rs 778 cr in Q3, revenue rises 89%

The number of loans through the fintech platform grew to 4.4 million in Q3 of FY22, representing a growth of 401 per cent year on year - whereas value of loans rose 366 per cent to Rs 2,181 crore

CreditAccess Grameen reports Rs 117 crore net profit in Dec-quarter

Leading microlender CreditAccess Grameen reported a net income of Rs 117 crore for the three months to December, as against a net loss of Rs 79.1 crore a year ago.

Dalmia Bharat Sugar consolidated net profit at Rs 57 cr in third quarter

Dalmia Bharat Sugar and Industries Ltd posted 52.5 per cent jump in consolidated net profit at Rs 56.58 crore during the third quarter of 2021-22.