Basmati rice brands ‘Daawat’ and ‘Royal’ lead growth amid challenging market conditions LT Foods, a global FMCG company with Indian origins and over 70 years in the consumer food sector, reported a 14 per cent increase in consolidated net profit, reaching Rs 150.24 crore for the fourth quarter of fiscal 2023-24, buoyed by strong sales. […]
Torrent Power has posted Rs 450 crore as net profit for the quarter ended March 31, 2023. The company had incurred a loss of Rs 488 crore in the year-ago period. According to the company, its revenue went up 61.3 per cent to Rs 6,038 crore for the quarter ended March 31, 2023, against Rs […]
Miniratna state-owned manganese ore mining company MOIL on Monday reported a 38.3 per cent drop in its net profit to Rs 80.9 crore for the quarter ended March 31, 2023, against Rs 131 crore in the year-ago period. In FY23, the company made profit before tax (PBT) and profit after tax (PAT) of Rs 334.45 […]
For the March quarter, Amara Raja Batteries reported a combined net profit after tax (PAT) of Rs 139 crore. According to the statement, this is a 40.61 per cent increase from Rs 98.85 crore a year earlier. The company’s consolidated income from operations increased by 11.37 per cent to Rs 2,429 crore in the March […]
Oil marketing company Bharat Petroleum Corporation (BPCL) has posted a 168 per cent growth in its net profit to Rs 6,780 crore for the quarter ended March 31, 2023, against Rs 2,559 crore in the corresponding quarter the previous fiscal year. Revenue from operations in the quarter under review surged 8 per cent to Rs […]
Gulf Oil Lubricants India, a Hinduja Group Company achieved net revenue of Rs 792.05 crore and PAT of Rs 62.17 crore as against net revenue of Rs 638.93 crore and PAT of Rs 63.39 crore year-on-year. For the year ended 31 March 2023, the Company has achieved a net revenue of Rs 2,999.10 crore and […]
Electric consumer product manufacturer, Crompton Greaves Consumer Electricals (CGCEL) on Friday reported a consolidated net profit decline by 25.48 per cent at Rs 131.55 crore from Rs 176.55 crore last year in the fourth quarter that ended in March 2023. The company’s operational revenue increased by 15.7 per cent during the quarter under review against […]
Sustainable energy solutions provider Thermax posted a better-than-expected jump of 52 per cent in fourth-quarter net profit on Wednesday, helped by a 16 per cent rise in sales. Consolidated net profit rose to Rs 156 crore for the three months ended 31 March, from Rs 103 crore a year earlier. Analysts, on average, had expected […]
Bharti Airtel reported a 50 per cent increase in a consolidated net profit at Rs 3,006 crore from Rs 2,008 crore a year back for the quarter that ended in March 2023. The company’s exchange filing said that operation revenues stood at Rs 36,009 crore, a 14 per cent increase from Rs 31,500 crore reported […]
Indian Oil (IOC), a public sector oil and gas company reported a 52 per cent growth in its consolidated net profit at Rs 10,841 crore from Rs 7,089 crore in the year-ago period for the quarter that ended in March. The company’s revenue operations jumped 10 per cent Year-on-Year to Rs 2.30 lakh crore […]
