Posts in category Economic Times
Tamilnad Mercantile Bank Q4 Results: Net profit flat at Rs 253 crore (22-04-2024)
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.
Reliance Jio Q4 Results: Net profit rises 3% QoQ to Rs 5,307 crore (22-04-2024)
Jio Infocomm numbers were spot on to analyst estimates, which pegged the company's net profit at Rs 5,308 crore as per an average of estimates compiled by ET. The Mukesh Ambani-led telco’s March quarter revenue from operations came in 2.3% higher sequentially at Rs 30,541 crore compared to Rs 29,853 crore in the fiscal third quarter and Rs 27,539 crore a year ago.
Jio Platforms Q4 Results: Net profit zooms 12% YoY to Rs 5583 crore (22-04-2024)
JPL's Q4 net profit increased by 12%. For the January-March period, JPL's consolidated net profit rose to Rs 5583 crore from Rs 4984 crore a year ago and Rs 5445 crore in the previous three months ended December, it said in a statement Monday.
Sebi finds Adani offshore investors in disclosure rules violation: Report (22-04-2024)
SEBI found offshore funds breaching Adani investment rules, seeking settlement with penalty. Regulator demanded group level disclosures. Adani denies 'acting in concert'. No response to email requests.
RIL Q4 Scorecard: From earnings, dividend to key milestones, here are 10 top takeaways for D-Street (22-04-2024)
Reliance Industries became the first Indian company to cross the Rs 1 lakh crore threshold in pre-tax profits. It recorded annual consolidated revenue of Rs 10 lakh crore ($119.9 billion) which was up by 2.6% on a YoY basis. Company's EBITDA was reported at Rs 178,677 crore, up 16.1% YoY.
Kesoram Q4 Results: Net loss widens to Rs 244 crore (22-04-2024)
B K Birla Group company Kesoram Industries Ltd on Monday posted a consolidated net loss of Rs 244.42 crore for the quarter ended March 2024, despite higher sales. The cement maker's net loss in the fourth quarter of the 2023-24 fiscal (FY'24) has widened from Rs 48.86 crore in the corresponding quarter of the previous year.
Dollar firm as US rates and earnings take centre stage (22-04-2024)
The dollar ticked higher against the euro and yen in subdued trade after last week's volatility, with markets taking their lead from the Fed's higher-for-longer messaging and a firmer Wall Street ahead of results from megacap growth companies.
Ahead of Market: 10 things that will decide D-Street action on Tuesday (22-04-2024)
Nifty on Monday ended 189 points higher to form a long-legged Doji candle pattern on the daily chart as it managed to move above the initial hurdle at 22,300 levels.
Bitcoin traders shrug off ‘halving’ to focus on broader market risks (22-04-2024)
Bitcoin's so-called halving event has had little impact on its price so far, with industry insiders on Monday saying the cryptocurrency's fortunes were more closely tied to broader financial market sentiment and geopolitics.