ULTRATECH Q2 PAT
Cement sector sees marginal growth of 2-3 pc in Q1FY25: Icra
The cement sector experienced a modest 2-3 per cent growth in Q1 due to a slowdown in construction during the Lok Sabha polls, but FY2024-25 is expected to see a 7-8 per cent increase driven by infrastructure and housing demand. Top players are set to consolidate, expanding capacity and improving operating profits by 1-3 per cent from softened raw materials prices. Cement makers are also increasing green power usage to reduce emissions by 15-17 per cent in the coming years.
Q-comm audits; modest Q1 for IT firms
Happy Wednesday! Due to recent hygiene lapses by quick commerce, the government has intensified surprise inspections of their warehouses. This and more in today’s ETtech Morning Dispatch.
Cummins India Q4 Results: PAT grows to Rs 539 crore
Cummins India's profit after tax surged to Rs 538.86 crore in the March quarter, with expenses at Rs 1,829.19 crore compared to Rs 1,648.01 crore in the previous year.
Mazagon Dock Q4 Results: PAT skyrockets 103% YoY to Rs 663 crore, revenue jumps 49%
On a sequential basis, the PAT was higher by 5.7%. The consolidated revenue from operations stood at Rs 3,104 crore in the reported quarter. It was Rs 2,079 crore in the year-ago period. The government-owned shipbuilding company declared a final dividend of Rs 12.11 per share for the year ended March 31.
IRCTC Q4 Results: Cons PAT rises marginally to Rs 284 crore, but revenue jumps 20% YoY
IRCTC Q4 Results: The PAT was reported at Rs 278 crore in the year-ago period. The consolidated revenue from operations for the reported quarter stood at Rs 1,155 crore as against Rs 965 crore reported in the year-ago period. The consolidated net profit was, however, down on a sequential basis by 5% versus Rs 300 crore.
TVS Supply Chain Solutions Q4 Results: Firm reports consolidated PAT of Rs 5.38 crore
TVS Supply Chain Solutions Ltd reported a profit after tax of Rs 5.38 crore for the quarter January-March 2024, with total income growing to Rs 2,433.06 crore from Rs 2,332.53 crore in the same quarter last year, but facing a consolidated net loss of Rs 90.49 crore for the year ending March 31, 2024.
- Go To Page 1
Government to get Rs 3,662 crore from LIC as dividend
The government, the largest shareholder in the company, currently holds 96.50% stake in it accounting for 6,10,36,22,781 shares out of 6,32,49,97,701 fully paid up equity shares.
LIC Q4 Results: Cons PAT jumps 4.5% YoY to Rs 13,782 cr; dividend declared at Rs 6 per share
LIC Q4 Results: The company had reported a net profit of Rs 13,191 crore in the corresponding period of the last financial year. The Total Premium Income for the year ended March 31, 2024, was reported at Rs 4,75,070 crore. It was Rs 4,74,005 crore for the year ended March 31 2023. The Total Individual Business Premium for the financial year increased to Rs 3,03,768 crore from Rs 2,92,763 crore reported for the comparable period of the previous year.
Gokaldas Q4 Results: Firm reports 54% jump in revenue growth
Bengaluru-based apparel exporter Gokaldas Exports reports a 54% increase in consolidated revenue to Rs 818 crore for the quarter ended March 2024. Despite a 6% dip in profit after tax, strategic acquisitions and equity raise bolster the company's financial position.
Divi's Laboratories Q4 Results: Cons PAT soars 68% YoY to Rs 538 crore; dividend declared at Rs 30 per share
Divi's Laboratories Q4 Results: Net profit stood at Rs 321 crore in the corresponding quarter of the last financial year. The consolidated revenue in Q4 FY24 jumped 18% YoY to Rs 2,303 crore from Rs 1,951 crore reported in Q4 FY23. For the full financial year FY24, the consolidated profit after tax was reported at Rs 1,600 crore, a considerable drop from Rs 1,824 crore reported in FY23.
Hindalco Q4 Results: Profit jumps 70% YoY to Rs 1,412 crore, beats estimates
Hindalco reported a 69.7% YoY jump in its standalone Q4 profit to Rs 1,412 crore with revenue rising 10.72% to Rs 22,140 crore, beating Street estimates. Consolidated EBITDA was Rs 7,201 crore, up 24% YoY, driven by lower costs and higher volumes.
Ashish Kacholia-backed smallcap stock jumps 8% after company's Q4 PAT rises 153%
Zaggle Prepaid Ocean Services, a smallcap company supported by ace investor Ashish Kacholia, saw its shares surge by almost 8% to Rs 338 on Friday's trading session on the BSE. This spike followed the announcement of strong fourth-quarter results.
InterGlobe Aviation Q4 Results: PAT more than doubles to Rs 1,895 crore; revenue up 26% YoY
InterGlobe Aviation, the parent company of India's leading airline, IndiGo, reported a significant 106% year-on-year (YoY) increase in its consolidated net profit for the fourth quarter. The profit surged to Rs 1,895 crore, compared to Rs 919 crore in the same quarter of the previous year.
Sun Pharma net profit jumps 34% YoY to Rs 2,654.6 crore in Q4FY24
Sun Pharma's Q4FY24 net profit rises 34% YoY to Rs 2654.6 crore, driven by increased sales of global specialty products. Interim dividend of Rs. 5 declared for FY24.
Max Healthcare Q4 Results: Net profit drops 3% YoY to Rs 311 crore
Max Healthcare's Q4FY24 net profit dips 3% YoY to Rs 311 crore, attributed to lower effective tax rate in Q4FY23 and new unit losses. Gross revenue rises 15% YoY to Rs 1,890 crore.
Strides Pharma Q4 Results: Pharma co reports Rs 10.4 crore net profit
Strides Pharma Science posted a net profit of Rs 10.4 crore in Q4FY24, rebounding from a loss of Rs 1 crore in the same period last year. Pre-tax profit was Rs 29.6 crore.
Info Edge Q4 Results: PAT rises 18% YoY to Rs 211 crore, revenue up 8%
Info Edge's Q4 profit rose 18% to Rs 211 crore with revenue at Rs 608.3 crore. Operating profit margins at 37%. Final dividend of Rs 12 per share announced. Cash balance at Rs 4,191 crore. CFO highlighted 13.2% growth in cash from operations
Eicher Motors Q4 results: PAT jumps 18% YoY at Rs 1,070.45 crore. Rs 51/share dividend announced
Eicher Motors recorded an 18% YoY increase in consolidated net profit to Rs 1,070.45 crore for Q4 2024, with sequential growth of 7.5%. Total revenue reached Rs 4,256.04 crore, up 12% YoY. The board declared a final dividend of Rs 51 per share, totalling Rs 1,396.41 crore.
Bank of Baroda Q4 Results: PAT rises 2% YoY to Rs 4,886 crore; dividend declared at Rs 7.6/share
Bank of Baroda Q4 Results: The board also recommended a dividend of Rs 7.60 per equity share for FY2023-24
HPCL announces 1:2 bonus share issue, Rs 16.5 dividend along with Q4 results
The record date for the bonus issue has been fixed on June 21, while the credit of shares will happen on or before July 8. The paid-up share capital before the bonus issue stands at Rs 1,418.55 crore, an increase to Rs 2,127.82 crore after the issuance.
Asian Paints Q4 Preview: PAT may jump 5.5% YoY to Rs 1,317 crore, revenue may see 4.3% uptick
Profit after tax (PAT) is forecasted to fall within the range of Rs 1,287 crore to Rs 1,900 crore. Axis Securities projects the lower end of this range, while Anand Rathi predicts the higher end. Regarding revenue, the estimate spans from Rs 8,921 crore as anticipated by Axis to Rs 9,402.5 crore as outlined by Anand Rathi.
JSW Energy Q4 Results: Cons PAT jumps 22% YoY to Rs 345 crore
JSW Energy Q4 Results: The company recommended a dividend of Rs 2 per equity share for the financial year 2023-24. JSW Energy also approved raising of funds of up to Rs 10,000 crore in one or more tranches, through the issuance of securities.
Marico Q4 Results: Consolidated PAT rises 5% YoY to Rs 320 crore
Marico Q4 Results: Marico reported a 5% YoY rise in Q4 net profit to Rs 320 crore. Revenue increased by 1.7% to Rs 2,278 crore. Full-year net profit grew 16% YoY to Rs 1,502 crore. Standalone PAT was at Rs 229 crore.
Adani Enterprises got 2 Sebi show cause notices over Hindenburg report in Q4FY24
The alleged non-compliance pertains to related party transactions with respect to certain transactions with third parties, and validity of peer review certificates of statutory auditors in previous years, the filing said.
Adani Ports Q4 Results: Cons PAT jumps 77% YoY to Rs 2,015 crore; firm announces Rs 6/share dividend
Adani Ports Q4 Results: Adani Ports and Special Economic Zone recorded a 77% YoY rise in consolidated net profit to Rs 2,014.77 crore, with revenue from operations increasing by 19% to Rs 6,896.50 crore. The board proposed a dividend of Rs 6 per share.
UltraTech Cement shares rise over 2% on strong Q4 results. Should you buy, sell or hold the stock?
UltraTech Cement shares surged 2.4% to Rs 10,200 following robust Q4 results. Consolidated net profit grew 36% YoY to Rs 2,258 crore, exceeding estimates. Revenue rose 9% YoY to Rs 20,419 crore. A dividend of Rs 70 per share was recommended. EBITDA increased 33% YoY to Rs 4,250 crore.
UltraTech Cement Q4 Results: Profit rises 36% YoY to Rs 2,258 crore, beats estimates
UltraTech Cement Q4 Results: UltraTech Cement's Q4 net profit surged 36% YoY to Rs 2,258 crore. Domestic sales reached 33.22 million tons of grey cement, with a total capacity of 140.8 MTPA and a 25.7% green power mix.
UltraTech Cement Q4 results today: PAT may rise 18% YoY to Rs 1,962 crore, 13% revenue uptick likely
UltraTech Cement Q4 Preview: UltraTech Cement is anticipated to see an 18% YoY net profit increase to Rs 1,962 crore in Q4FY24, with revenue reaching Rs 20,057 crore, up 8.50% YoY.
Bajaj Finserv Q4 Results: PAT jumps 20% YoY to Rs 2,119 crore
Bajaj Finserv Q4 Results: Consolidated total income for the March quarter stood at Rs 32,042 crore as against Rs 23,625 crore a year-ago, an upside of 36% YoY.
Load More