HYDERABAD: State-run iron ore miner NMDC Ltd on Wednesday said it has clocked a 68% jump in profit after tax (PAT) for the third quarter ended December 31, 2023, at Rs 1,492 crore as compared to Rs 890 crore in Q3 of FY23.This was on 45% rise in turnover to Rs 5,410 crore in Q3FY24 … Read more
MUMBAI: Mahindra & Mahindra on Wednesday reported a 34 per cent increase in its consolidated profit after tax at Rs 2,658 crore for the third quarter ended December 31, 2023, driven by robust sales across verticals. The auto major had reported a profit after tax of Rs 1,984 crore for the October-December quarter of the … Read more
GSK Pharma reported a decline in net profit by 72% to Rs 46 crore for the third quarter ended December 31, in the wake of regulatory price caps on some of its legacy brands. The drug firm had reported a net profit of Rs 165 crore in the year-ago period. The company’s total income increased … Read more
NEW DELHI: Tata Group retail firm Trent Ltd on Wednesday reported a two-fold rise in consolidated net profit to Rs 370.64 crore for the third quarter ended December 2023, helped by strong momentum in sales and improved margins. The company had posted a consolidated net profit of Rs 154.81 crore a year ago, Trent Ltd … Read more
NEW DELHI: Bharti Airtel on Monday posted a 54% jump in consolidated net profit to Rs 2,442 crore in the December quarter, mainly on account of growth in high-value customers and a hike in tariffs. The company had registered a profit of Rs 1,588 crore in the same period of the previous fiscal.Airtel’s India revenue … Read more
NEW DELHI: Budget carrier IndiGo has reported a profit of Rs 2,998.1 crore in the quarter ended Dec 31, 2023, up 111% from Rs 1,422.6 crore in Q3 of last fiscal. This is only marginally lower than the highest-ever quarterly profit for an Indian carrier at Rs 3089.2 crore reported by IndiGo in the April-June … Read more
NEW DELHI: Sun Pharmaceutical Industries Ltd on Wednesday reported a 16.52 per cent rise in its consolidated net profit to Rs 2,523.8 crore in the third quarter ended December 31, 2023. The company had posted a consolidated net profit of Rs 2,166 crore in the year-ago period, Sun Pharmaceutical Industries said in a statement. Consolidated … Read more
NEW DELHI: TVS Motor Company on Wednesday reported a 59 per cent increase in its consolidated net profit to Rs 479 crore for the third quarter ended December 31, 2023, riding on the back of robust sales across markets. The company posted a consolidated net profit of Rs 301 crore in the October-December period of … Read more
MUMBAI: Reliance Industries (RIL), India’s largest company in terms of market value, reported a 10% rise in quarterly profit on Friday, benefiting from the strength of its oil & gas business as well as its fast-growing digital services (Jio) and retail businesses. Profit grew to Rs 19,641 crore in Q3FY24. However, its mainstay oil-to-chemical (O2C) … Read more
NEW DELHI: Fintech company One97 Communications, which operates under the Paytm brand, on Friday reported narrowing of losses to Rs 221.7 crore for the October-December quarter, according to a filing. The losses stood at Rs 392.1 crore in the year-ago period. The revenue from operations jumped over 38 per cent year-on-year to Rs 2,850.5 crore … Read more