Business Standard

Page 24 - Q4 Results

HEG surges 10%, nears 52-week high ahead of March quarter results

HEG is scheduled to announce its March quarter results on Thursday, May 27, 2021

HEG surges 10%, nears 52-week high ahead of March quarter results
Updated On : 24 May 2021 | 2:59 PM IST
Updated On : 24 May 2021 | 2:13 PM IST

Shares of Punjab & Sind Bank jump nearly 7% after turning profitable in Q4

Shares of Punjab & Sind Bank on Monday jumped nearly 7 per cent as the company turned profitable in the fourth quarter of FY21 after eight consecutive quarters of losses. The stock rallied 6.60 per cent to Rs 21.80 on BSE. On NSE, it jumped 6 per cent to Rs 21.80. The state-run bank turned profitable in the fourth quarter of FY21 after eight consecutive quarters of losses, posting a profit after tax of Rs 161 crore on the back of improvement in recoveries and decline in bad loans. The lender had registered a net loss of Rs 236.3 crore in the year-ago period. However, for the full year, its loss widened to Rs 2,732.9 crore as against Rs 990.8 crore in FY20. "The profitability is due to our focussed monitoring and also on account of recoveries. Though it has been challenging times, we were able to make a reasonable amount of recoveries. "We were also able to arrest slippages to a great extent. This has helped in bringing down the credit costs, which enabled us to register profit,"

Shares of Punjab & Sind Bank jump nearly 7% after turning profitable in Q4
Updated On : 24 May 2021 | 12:48 PM IST

Chart check: SBI Q4 result fuels rally in PSU banks. Should you buy?

A breakout in SBI share may result in a rally towards Rs 450 levels

Chart check: SBI Q4 result fuels rally in PSU banks. Should you buy?
Updated On : 24 May 2021 | 12:00 PM IST

SBI rallies 9% in 2 days post Q4 results; brokerages bullish on stock

Total slippages and restructuring for FY21 were at Rs 46,416 crore, within the guidance of Rs 60,000 crore

SBI rallies 9% in 2 days post Q4 results; brokerages bullish on stock
Updated On : 24 May 2021 | 9:49 AM IST

Amara Raja Batteries' Q4 net rises 38% to Rs 189 crore on robust sales

Net revenue from operations stood at Rs 2,103 crore as against Rs 1,581 crore in the fourth quarter of 2019-20

Amara Raja Batteries' Q4 net rises 38% to Rs 189 crore on robust sales
Updated On : 22 May 2021 | 6:35 PM IST

Shoppers Stop Q4 net loss narrows to Rs 24 cr; total income declines 3.7%

Department store chain Shoppers Stop narrowed its consolidated net loss to Rs 24 crore in the January to March quarter (Q4 FY21) as compared to a net loss of Rs 127 crore in Q4 FY20.

Shoppers Stop Q4 net loss narrows to Rs 24 cr; total income declines 3.7%
Updated On : 22 May 2021 | 1:06 PM IST

State Bank of India Q4 profit up 80% at Rs 6,451 crore, beats estimates

Lender posts highest-ever full year net profit of over Rs 20,000 crore

State Bank of India Q4 profit up 80% at Rs 6,451 crore, beats estimates
Updated On : 22 May 2021 | 2:19 AM IST

Hindalco Industries Q4 consol PAT triples to Rs 1,928 cr on robust revenue

Company's net debt/EBITDA ratio at pre-acquisition levels of Aleris

Hindalco Industries Q4 consol PAT triples to Rs 1,928 cr on robust revenue
Updated On : 22 May 2021 | 1:33 AM IST

SBI's March quarter showing impresses Street; stock jumps over 5%

Sequential comparisons indicate economic activity did not pick up

SBI's March quarter showing impresses Street; stock jumps over 5%
Updated On : 22 May 2021 | 12:22 AM IST

JSW Steel reports highest-ever profit at Rs 4,198 cr in Q4, up 1717% YoY

Revenue from operations came in at Rs 26,934 crore for the quarter under review, an increase of over 50 per cent year-on-year

JSW Steel reports highest-ever profit at Rs 4,198 cr in Q4, up 1717% YoY
Updated On : 21 May 2021 | 4:16 PM IST

Hindalco's Q4 consolidated net profit nearly triples to Rs 1,928 crore

Revenue from operations came in at Rs 40,507 crore for the quarter under review, an increase of 38 per cent from Rs 29,318 crore in the same period last year

Hindalco's Q4 consolidated net profit nearly triples to Rs 1,928 crore
Updated On : 21 May 2021 | 3:36 PM IST

SBI Q4 net profit jumps 80% YoY to Rs 6,451 crore on lower provisioning

During the quarter under review, the Mumbai-based lender's provisions and contingency fund dropped 18.11 per cent year-on-year (YoY) to Rs 11,051 crore

SBI Q4 net profit jumps 80% YoY to Rs 6,451 crore on lower provisioning
Updated On : 21 May 2021 | 2:41 PM IST

Stocks to watch: SBI, JSW Steel, HPCL, Havells, Torrent Power, sugar stocks

Hindustan Petroleum's (HPCL) fourth-quarter profit rose to Rs 3,018 crore from Rs 27 crore a year earlier on big inventory gains

Stocks to watch: SBI, JSW Steel, HPCL, Havells, Torrent Power, sugar stocks
Updated On : 21 May 2021 | 8:36 AM IST

Torrent Power Q4 PAT at Rs 398 cr versus Rs 274 cr loss a year ago

However, due to Covid-19 and power sector stress, consolidated income rose marginally by three per cent

Torrent Power Q4 PAT at Rs 398 cr versus Rs 274 cr loss a year ago
Updated On : 20 May 2021 | 7:32 PM IST

Zee Entertainment's Q4 profit at Rs 272 cr, ad revenue up marginally

Its total income during the quarter under review was Rs 1,984.39 crore against Rs 1,991.74 crore in the corresponding quarter

Zee Entertainment's Q4 profit at Rs 272 cr, ad revenue up marginally
Updated On : 20 May 2021 | 6:17 PM IST

Bosch reports nearly 5x rise in Q4 net profit at Rs 482 crore

The company announced a dividend of Rs 115 per share for the financial year 2020-21

Bosch reports nearly 5x rise in Q4 net profit at Rs 482 crore
Updated On : 20 May 2021 | 2:01 PM IST

SBI Q4 preview: Analysts see 65-115% YoY PAT growth on lower provisions

Emkay Global feels that SBI's slippages may remain moderate with limited non-performing assets (NPAs) in retail and no lumpy corporate barring Srei

SBI Q4 preview: Analysts see 65-115% YoY PAT growth on lower provisions
Updated On : 20 May 2021 | 1:09 PM IST

JK Tyre shares jump over 6% on reporting strong March quarter earnings

Shares of JK Tyre and Industries on Thursday jumped over 6 per cent after the company reported a consolidated profit after tax of Rs 194.96 crore for the March quarter of the previous fiscal

JK Tyre shares jump over 6% on reporting strong March quarter earnings
Updated On : 20 May 2021 | 12:14 PM IST

Shakti Pumps surges 33% in three days on strong March quarter results

For the entire financial year 2020-21 (FY21), Shakti Pumps posted a consolidated net profit of Rs 75.59 crore as against a net loss of Rs 14.08 crore in FY20

Shakti Pumps surges 33% in three days on strong March quarter results
Updated On : 20 May 2021 | 11:40 AM IST