Posts in category Economic Times
United Breweries Q4 Results: Beverage maker posts 5-fold jump in net profit to Rs 80.15 crore (07-05-2024)
United Breweries Ltd on Tuesday reported a more than five-fold jump in net profit to Rs 80.15 crore for the January-March period of 2023-24 compared to the year-ago period. The beverages maker had reported a net profit of Rs 13.05 crore for the April-March quarter of 2022-23, according to an exchange filing.
These 4 FMCG stocks hit a 52-week high and rallied up to 12% in a month (07-05-2024)
The significance of reaching a 52-week high lies in its portrayal of a stock's peak value over the preceding year
India’s Kajaria Ceramics posts surprise Q4 profit drop on higher costs (07-05-2024)
India's Kajaria Ceramics reported a surprise drop in fourth-quarter profit on Tuesday, hurt by increased costs and weak demand.
Gujarat Toolroom Q4 Results: Net profit jumps multifold to Rs 50 crore (07-05-2024)
Gujarat Toolroom Ltd (GTL) on Tuesday reported a multi-fold jump in consolidated net profit to Rs 50.29 crore for the March 2024 quarter, mainly due to higher income.
Voltas Q4 Results: Net down 22% YoY at Rs 110.64 crore (07-05-2024)
Air conditioning and engineering services provider Voltas Ltd on Tuesday reported a 22.75 per cent decline in consolidated net profit to Rs 110.64 crore in the fourth quarter ended March 31, 2024, impacted by higher expenses.
SMFG invests Rs 1,300 crore in SMFG India Credit Co Limited via rights issue (07-05-2024)
The Sumitomo Mitsui Financial Group holds 100% in SMFG India Credit Co, which was formerly Fullerton India Credit Company Limited. Following the fund infusion, SMFG India Credit Co has invested Rs 150 crore in its wholly owned subsidiary SMFG India Home Finance Co. Ltd.
Prudent Corporate Advisory Q4 Results: PAT grows 19% YoY to Rs 138.7 crore (07-05-2024)
A retail wealth management services firm engaged in distributing a wide range of financial products reported a 32% growth in yearly average asset under management (AUM) in the mutual fund vertical and a 50% growth in revenues from non-mutual fund products.
CreditAccess Grameen Q4 Results: Net profit soars 34% YoY to Rs 397 crore on business expansion (07-05-2024)
The lender’s pre-provision operating profit was 36% higher at Rs 683 crore, helped by 34% rise in net interest income at Rs 922 crore. Total income rose 37% year-on-year at Rs 1,459 crore.
CreditAccess Grameen Q4 Results: Net profit soars 34% YoY to Rs 397 crore on business expansion (07-05-2024)
The lender’s pre-provision operating profit was 36% higher at Rs 683 crore, helped by 34% rise in net interest income at Rs 922 crore. Total income rose 37% year-on-year at Rs 1,459 crore.
Dr Reddy’s Q4 Results: Net profit jumps 36% YoY to Rs 1307 crore (07-05-2024)
Dr Reddy's has reported a 36% year-on-year jump in quarterly net profit, helped by increase in volumes of base business, new product launches, partially offset by price erosion in certain markets.