TCS, Tata Motors, KFin Technologies, Lupin in focus

Image
Capital Market
Last Updated : Jan 10 2023 | 9:16 AM IST

TCS: The IT major's consolidated net profit rose 3.98% to Rs 10846 crore on 5.28% increase in net sales to Rs 58,229 crore in Q3 December 2022 (Q3 FY23) over Q2 September 2022 (Q2 FY23). On a year-on-year (YoY) basis, the IT major's net profit rose 11.02% and net sales rose 19.11% in Q3 FY23.

The board declared a third interim dividend of Rs 8 and a special dividend of Rs 67 per share of Re 1 each of the company. The record date is 17 January 2023.

Tata Motors: The Tata Motors Group global wholesales in Q3FY23, including Jaguar Land Rover, stood at 3,22,556 units, higher by 13%, as compared to Q3FY22.

KFin Technologies: Shares of the financial services company will debut on the bourses today. The issue price is Rs 366 per share.

Lupin: Pharma major Limited and Exeltis Healthcare S.L (Exeltis) announced that the Spanish Ministry of Health (MSCBC) has approved the reimbursement of Lupin's NaMuscla (mexiletine) for the symptomatic treatment of myotonia in adults with non-dystrophic myotonic (NDM) disorders on the National Health and Pharmacy Service.

Welspun Enterprises: The company said that its chief financial officer, Sanjay Sultania, resigned on Monday, 9 January 2023. Sanjay Sultania, Chief Financial Officer of the Company is taking up other major responsibility within the Welspun Group.

Kanoria Chemicals & Industries: The company announced that its in house R&D unit(s) at Ankleshwar, Gujarat has been granted recognition from Department of Scientific and Industrial Research, Ministry of Science & Technology, Government of India.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

Subscribe to Business Standard digital and get complimentary access to The New York Times

Quarterly Starter

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

Save 46%

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Access to Exclusive Premium Stories Online

  • Over 30 behind the paywall stories daily, handpicked by our editors for subscribers

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jan 10 2023 | 8:58 AM IST

Next Story