Posts in category Economic Times
Brookfield REIT Q4 Results: Net income jumps 89% YoY at Rs 461 crore (16-05-2024)
Brookfield India Real Estate Trust (BIRET) on Thursday reported an 89 per cent rise in its adjusted net operating income to Rs 460.8 crore during the March quarter and announced distribution of Rs 208.6 crore to unitholders. Its net operating income (NOI) stood at Rs 244.4 crore in the year-ago period.
Concor Q4 Results: Net profit rises 10% YoY to Rs 301.25 crore (16-05-2024)
Container Corporation of India Ltd (Concor) on Thursday posted a 9.88 per cent increase in consolidated net profit to Rs 301.25 crore for the March 2024 quarter. The company had reported a consolidated net profit of Rs 274.14 crore a year ago, Concor said in a regulatory filing.
Dollar rebounds on hot US import prices (16-05-2024)
The dollar rose on Thursday after data showed U.S. import prices increased 0.9% last month, a jump that raised market fears that the Federal Reserve's fight to tame inflation is not done and could delay plans for policymakers to cut interest rates.
GAIL Q4 Results: Net profit triples on gas transmission business turnaround (16-05-2024)
State-owned gas utility GAIL (India) Ltd on Thursday reported more than tripling of its fourth quarter net profit after the natural gas transmission and petrochemical business saw a turnaround.
Triveni Turbine Q4 Results: Net profit jumps 37% YoY to Rs 76 crore (16-05-2024)
Triveni Turbine on Thursday posted a 37 per cent rise in consolidated net profit to Rs 76.2 crore in the March quarter, mainly on the back of higher revenues. Its consolidated net profit stood at Rs 55.6 crore in the quarter ended on March 31, 2023, a company statement showed.
Walmart lifts full-year sales and profit forecast, shares soar 7% to hit record high (16-05-2024)
Walmart raised its full-year forecast and reported better-than-expected first-quarter results on Thursday, betting that easing inflation will drive stronger sales of groceries and non-essential merchandise like clothing and electronics, sending its shares to a record high.
Market Trading Guide: Titan, UltraTech Cement among 4 stock recommendations for Friday (16-05-2024)
In a highly volatile trade, the 30-share BSE Sensex climbed 677 points or 0.93% to settle at 73,663. The NSE Nifty surged 203 points or 0.92% to 22,403.85.
RBI accepts only few bids at govt bond buyback for second week in a row (16-05-2024)
Liquidity conditions tight, but RBI rejects market’s buyback bids at low yields
Thomas Cook India Group reports net profit of Rs 271 cr for FY24 (16-05-2024)
On a quarterly basis, Thomas Cook India Group reported a total income of Rs 1693 crore for the quarter ended March 31, up from Rs 1324 crore. The company reported a net profit of Rs 58 crore for the quarter ended March 31, 2024, up from Rs 10.2 crore for the fourth quarter of fiscal year 2023.
Motherson Sumi Wiring Q4 Results: PAT jumps 38% YoY to Rs 191 crore, revenue rises 19% (16-05-2024)
Motherson Sumi Wiring Q4 Results: The company’s revenue for the period was reported at Rs 2,233 cr, a 19% jump YoY. The board has announced a dividend of Rs 0.80 per share.