Page 14 - Q4 Results

Hindustan Zinc dips 6% post March quarter results

Brokerage firm Motilal Oswal Financial Services believes Hindustan Zinc to reach peak mine output after management guides flat production growth in FY23.

Early bird Q4 results hint at slowdown for India Inc in upcoming quarters

Though sales surged 15.1% YoY in Q4, the growth was slower sequentially

Sundram Fasteners reports standalone Q4 net profit at Rs 71.41 cr

: Sundram Fasteners Ltd., engaged in manufacturing of auto components, on Saturday said the standalone net profit was at Rs 71.41 crore for the fourth quarter ending March 31, 2021. The city-based TVS Group company had registered standalone net profit at Rs 130.02 crore during corresponding quarter previous year. Net profit for the year ending March 31, 2022 was at Rs 407.46 crore, as against Rs 328.14 crore recorded last fiscal, Sundram Fasteners said in a press release. The revenue from operations for the quarter under review stood at Rs 1,146.44 crore, as against Rs 1,079.25 crore registered in the corresponding period last year. For the year ending March 31, 2022, the revenue from operations was at Rs 4,172.57 crore as compared to Rs 3,065.03 crore registered last year same period. Sales from exports during the January-March 2022 quarter grew to Rs 366.01 crore, as against Rs 337.21 crore recorded in same period last fiscal. Export sales for the year ending March 31, 2022 wen

ICICI Bank Q4 PAT surges 59.4% to Rs 7,018.7 cr

NII stood at Rs 12,605 cr, other income rose 15% to Rs 4,737 crore

ICICI Bank's net profit up 59% in Q4; beats street estimates

Its NII grew by 21 per cent in the same period to Rs 12,605 crore versus Rs 10,431 crore in the year ago period

Tata Metaliks net profit declines 30% to Rs 52.46 crore in Q4

The company had clocked a Rs 74.99 crore net profit during January-March period of preceding 2020-21 fiscal, Tata Metaliks said in a BSE filing.

ICICI Lombard General Insurance stock falls as Q4 show disappoints

Analysts though appear positive with their target prices indicating 22-25% upside

Sensex drops 715 pts, Nifty holds 17150 in broad-based sell-off; banks sink

CLOSING BELL: SBI, HUL, IndusInd Bank, Axis Bank, Dr Reddy's Labs, Bajaj Finserv, and ICICI Bank fell in the range of 2-3 per cent

ICICI Bank Q4 preview: Net profit may rise 46% YoY, NII 20%, say analysts

ICICI Bank Q4 preview: The net interest income is expected to grow in the range of 17 per cent to 24 per cent over previous year, up to Rs 12,890 crore

HCL Technologies gains 3% in a weak market post stellar Q4 results

HCL Tech has guided for revenue growth of 12-14 per cent CC in FY23 on the back of continued traction in the services business, healthy deal intake and deal pipeline.

HCL Technologies net profit surges 4.38% to Rs 3,593 crore in Q4

HCL Tech expects revenue to grow between 12-14 per cent in constant currency for fiscal 2023

Nestle net profit declines 1.3% YoY to Rs 594.7 crore; revenue up 10.2%

"We have delivered double-digit domestic sales, driven by volume and mix," Naryanan said in its earnings release

Tata Communications profit in fourth qtr grows 22% to Rs 365 crore

Digital connectivity solutions firm Tata Communications on Thursday posted a 22 per cent growth in consolidated profit at Rs 365 crore for the quarter ended March 2022.

L&T Technology Services net profit grows 35% to Rs 262 crore in Q4

L&T Technology Services on Thursday reported an increase of 34.7 per cent in consolidated net profit to Rs 262 crore for the quarter ended March 2022. The company had posted a net profit of Rs 194.5 crore in the same period a year ago. "We achieved several milestones in FY22 a dollar revenue growth of 20 per cent in constant currency, record high operating margins, and more than three-fold increase in patents filed by our engineers. "Our growth was broad based with all five segments growing in double digits and showing an improvement in operating margins,'' L&T Technology Services (LTTS) CEO and Managing Director Amit Chadha said in a statement. The consolidated revenue from operations grew by about 22 per cent to Rs 1,756.1 crore from Rs 1,440.5 crore in the March 2021 quarter. "...In the fourth quarter, we won a USD 100 million plus deal in the EACV (electric autonomous connected vehicles) space - being chosen as the strategic engineering partner for a new age electric VTOL

Sensex zooms 874pts in broad-based rally; Nifty tops 17350; RIL, HDFC up 2%

CLOSING BELL: Mukesh Ambani-led Reliance Industries (RIL) is set to become India's first company to hit market capitalisation (m-cap) of Rs 19 trillion

VRL Logistics surges 6%, hits new high on strong business outlook

In the past one month, the stock has outperformed the market by surging nearly 30 per cent as compared to 1 per cent decline in the S&P BSE Sensex.

Nestle Q1: Input cost rise, Sri Lanka crisis could hit profit, say analysts

Analysts expect the maggi maker to report muted profit in the March quarter 2022 due to sluggish rural demand sentiment and input cost inflation.

Reliance Industrial Infrastructure profit drops 65% in March quarter

The company had posted a consolidated profit of Rs 3 crore in the year-ago period, Reliance Industrial Infrastructure Ltd (RIIL) said in a filing to BSE

HCL Tech Q4: From PAT to margin guidance, here're the key things to track

Brokerages expect the firm's earnings before interest and tax (EBIT) margins to have fallen sequentially by up to 90 basis points on supply side pressures and subdued P&P performance.

Coal India gains 4%, hits over 2-year high on hopes of strong earnings

Amid the spiraling power generation, CIL raised its supplies to thermal power stations by 14.2 per cent during the first half of April'22 compared to same period last April.