ADARSH MERCANTILE LTD Q4 RESULTS
![Q1 results today: TCS, Anand Rathi Wealth among 17 companies to announce earnings on Thursday](https://img.etimg.com/thumb/msid-111648338,width-100,height-75,resizemode-4/markets/stocks/earnings/q1-results-today-tcs-anand-rathi-wealth-among-17-companies-to-announce-earnings-on-thursday.jpg)
Q1 results today: TCS, Anand Rathi Wealth among 17 companies to announce earnings on Thursday
Tata Consultancy Services (TCS) and 16 other companies, including Akme Fintrade, will report Q1 results on Thursday. TCS anticipates an 8% profit rise. Prabhudas Lilladher and ICICI Securities provided top estimates. Kotak Equities predicts 5% sales growth. Revenue growth from strong orders; weakness in financial services. EBITDA up 10%; wage revision affects EBIT margins; sequential growth; weak telecom revenues expected.
![Q4 results today: L&T, Hero MotoCorp among 47 companies to announce earnings today](https://img.etimg.com/thumb/msid-109935529,width-100,height-75,resizemode-4/markets/stocks/earnings/q4-results-today-lt-hero-motocorp-among-47-companies-to-announce-earnings-today.jpg)
Q4 results today: L&T, Hero MotoCorp among 47 companies to announce earnings today
Q4 results today: 47 companies will announce Q4 earnings today, including L&T and Hero MotoCorp. L&T expected to show 17% YoY revenue growth, while Hero MotoCorp may see 14% YoY increase in revenue.
![Tamilnad Mercantile Bank Q4 Results: Net profit flat at Rs 253 crore](https://img.etimg.com/thumb/msid-109510284,width-100,height-75,resizemode-4/markets/stocks/earnings/tamilnad-mercantile-bank-q4-results-net-profit-flat-at-rs-253-crore.jpg)
Tamilnad Mercantile Bank Q4 Results: Net profit flat at Rs 253 crore
Operating profit for the quarter was lower at Rs 367 crore as compared to Rs 404 crore. Net interest income during the quarter was however 5.6% higher over the year-ago period. The board of the bank recommended a 100% dividend, or Rs 10 per share for FY24.
![Q4 results today: RIL among 15 companies to announce quarterly earnings](https://img.etimg.com/thumb/msid-109487313,width-100,height-75,resizemode-4/markets/stocks/news/q4-results-today-ril-among-15-companies-to-announce-quarterly-earnings.jpg)
Q4 results today: RIL among 15 companies to announce quarterly earnings
Q4 results today: 15 companies, including RIL, will reveal quarterly results. RIL expected to announce dividend. RIL may see revenue growth, EBITDA increase, and net profit drop.
![Q4 results this week: RIL, ICICI Bank, HCL Tech, among 166 companies that'll announce earnings](https://img.etimg.com/thumb/msid-109470875,width-100,height-75,resizemode-4/markets/stocks/news/q4-results-this-week-ril-icici-bank-hcl-tech-among-166-companies-thatll-announce-earnings.jpg)
Q4 results this week: RIL, ICICI Bank, HCL Tech, among 166 companies that'll announce earnings
With Wipro and Infosys’ results out this week, the fourth quarter earnings season will now pick up pace as the upcoming week will witness the results for Axis Bank, ICICI Prudential Life Insurance, Mahindra & Mahindra Financial Services, Tata Elxsi, along with 167 other companies.
![Tamilnad Mercantile Bank Q3 Results: Net profit remains flat at Rs 284 crore](https://img.etimg.com/thumb/msid-107056781,width-100,height-75,resizemode-4/markets/stocks/earnings/tamilnad-mercantile-bank-q3-results-net-profit-remains-flat-at-rs-284-crore.jpg)
Tamilnad Mercantile Bank Q3 Results: Net profit remains flat at Rs 284 crore
Private sector lender Tamilnad Mercantile Bank's net profit remained flat at Rs 284 crore in the December quarter despite a massive growth in lending.
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Rajasthan Election 2023 Winner List: Who won and who lost
Rajasthan Assembly Election 2023 Full Winner List: No government in Rajasthan has been re-elected for a second term since 1998. The state has been consistently going back and forth between the BJP and the Congress.
Allcargo Logistics Q4 Results: Net profit declines 78% to Rs 52 cr
Allcargo Logistics reported a 78% YoY decline in Q4 FY23 consolidated net profit to INR 51.9 crore ($7m), compared to INR 240.55 crore in Q4 FY22. The company said the decline was largely due to the fall in ocean freight rates in its less-container-load business. Total income from continued operations fell 37.5% YoY to INR 3,415.4 crore. For the full FY23 year, the company's profit from continuing and discontinuing operations dropped 48% YoY to INR 653.21 crore, while total income from continuing operations fell 5%. Allcargo also announced the appointment of Adarsh Hegde as its managing director.
Sensex jumps over 150 pts; Nifty above 17,650; ICICI Bank up 2%
The BSE Sensex was trading 167.73 points or 0.28% higher at 59,822.79. Nifty50 was trading at 17,665.90, up 41.85 points or 0.24% at around 9.20 am.
Q4 results this week: Nestle, Bajaj Finserv, Maruti, Tech Mahindra, Axis Bank and others
Widely tracked companies like IndusInd Bank, Nestle, Bajaj Finance, Maruti Suzuki, HUL, Axis Bank, Wipro, Tech Mahindra, Kotak Bank and Bajaj Finserv would be releasing their March quarter report cards this week.
India on route to becoming digital superpower: Meta’s Nick Clegg; Sequoia responds as Algo dumps defamation suit
India’s take on digital issues is “refreshingly straightforward”, Nick Clegg, Meta’s president for global policy affairs, told us in an exclusive interview. He added that the country is “on route to becoming a digital superpower” and that in some respects, it already is.
TMB jumps over 7% after RBI authorisation to undertake govt business
“RBI has authorised TMB for undertaking Government Business on behalf of RBI. Agreement has been signed by the bank with RBI at Mumbai for appointing TMB as an Agency Bank of RBI for undertaking Government Agency Business”, TMB said in a regulatory filing.
IPOs pick up pace as year ends with just 4 companies raising $334 million in Q3
During Q2 2022, proceeds raised from main markets equated to $4,326 million via 13 IPOs compared to 4 IPOs raising $334 million during Q3 2022, a decline of 92% in the proceeds raised and a decline of 69% in the number of deals, as per the EY IPO trends report.
Tamilnad Mercantile Bank Q2 Results: Profit jumps 37% YoY to Rs 262 crore
Gross non-performing assets (NPAs) were reduced to 1.70 per cent of gross advances as of September 30, 2022 from 3.31 per cent by the end of September 2021.
Stocks in the news: Hero Motocorp, Gland Pharma, SBI Cards, Dabur and DLF
SBI Cards, Indus Towers, Tata Chemicals, REC, Aditya Birla Sun Life AMC, V-Guard Industries, Balaji Amines, Anupam Rasayan, TMB PNB Housing, Latent View and CE Infosystems is among the companies that will announce their results for September 2022 quarter today.
Adarsh Menon to head Flipkart’s new verticals; stay in your lane, RBI tells fintech firms
Menon, who joined the company in 2015, will head its new businesses, such as Shopsy and Cleartrip, once Prakash Sikaria leaves the firm later this year
Corporate Radar: Paytm, IRFC Q4 results; Trent's dividend & more
NTPC, One97 Communications, Zydus Lifesciences, IRFC, Thermax, Pfizer, Metro Brands and Narayana Hrudayalaya are among companies which will announce their quarterly earnings today.
Tamilnad Mercantile Bank Q4 Results: Profit rises 36% to Rs 822 crore
It is also declaring a special dividend of Rs. 4 per equity share over and above the final dividend of Rs. 6 per share to commemorate 100 years, the bank said while declaring its FY 2022 results in its Annual Report for FY22.
SGX Nifty up 50 points; here's what changed for market while you were sleeping
Shares were mostly higher in Asia on Friday after Wall Street benchmarks managed to close mostly higher. Stocks advanced in most major markets in early trading. MSCI's index of Asia-Pacific shares outside Japan was up by 0.68 per cent.
Dalmia Bharat Q1 results: Net profit jumps 26.5% YoY to Rs 238 cr
Dalmia Bharat’s consolidated revenue from operations was up 36 per cent year-on-year at Rs 2,589 crore, the company’s total income was Rs 2,615 crore.
Market Movers: What changed for D-Street while you were sleeping
Here’s breaking down the pre-market actions.
The Steel industry is in incredible trouble today: Peter Marcus, World Steel Dynamic
Marcus says that worrying may make things worse as it might stagnate investment in fixed assets, something that constitutes 80 per cent of the global steel demand.
September 16, 2013: Mecklai Financial report on rupee
The rupee rallied to one-month high of 63.48 since opening taking cues from Asia currencies and weakness in the dollar.
August 27, 2013: Mecklai Financial report on rupee
64.30 (10 EMA in the 8 hourly) seems to be a good support on the downside and unless 63.70 levels are breached the pair would remain bullish. On the upside 66 would resist initially, post which 66.25/30 levels could be visible.
Rich investors turn to local crude oil futures
Over the past three months, these wealthy investors have built up sizeable positions in local crude futures, betting that the US recovery and unrest in West Asia will push up prices week after week.
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