CLOSING BELL: Broader markets, too, were subdued in trade as Nifty MidCap 100 and Nifty SmallCap 100 indices declined up to 0.4 per cent.
The cost of raw materials and components consumed stood at Rs 2,321.99 crore compared to Rs 2,089.59 crore in the year-ago period, the company said
The domestic decorative business registered a flat volume and value sales delivery for the quarter, on a very high price increase base in the previous year.
The company had posted a consolidated net profit of Rs 1,031.29 crore in the same period last fiscal, Asian Paints said in a regulatory filing
Stocks to watch today: Metals and mining major Vedanta will acquire debt-laden power plant Meenakshi Energy for Rs 1,440 crore
Earnings may bottom out during Oct-Dec quarter, say analysts
Q3 could see weak volumes; hurdle for incumbents is new entrants in the sector
Total expenses were at Rs 1,899.51 crore, down 3.91 per cent in the December quarter of 2022-23 compared to the year-ago period
Lower provisions boost numbers for lender; NIM maintained despite higher deposit rates
Analysts were expecting a profit of Rs 1,859 crore, according to Refinitiv IBES data
State-owned lender reports first full quarter after exiting regulator's Prompt Corrective Action regime
Closing Bell: Within sectors, the Nifty metal index closed with most strength, up 1.5 per cent, followed by financials and pharma pockets, while PSB index slumped the most by over 1 per cent
Higher advertising spends coupled with inflationary pressures, analysts said, are likely to squeeze EBITDA margins up to 154 basis points (bps) YoY to 23.9 per cent in Q3FY23
Industry witnessed volume decline in the quarter owing to weak demand after the festive season, says one note
Stocks to watch today: Tata Metaliks reported a sharp fall of 73 per cent in its December quarter net profit at Rs 9.48 crore, on account of increased expenses
Its value of new business (VNB) increased 20 per cent YoY to Rs 618 crore in Q3FY23 compared to Rs 515 crore in the year-ago period
Tata Investment Corporation Ltd on Tuesday reported a 12.55 per cent decline in consolidated profit after tax at Rs 34.74 crore for the third quarter ended December 31, 2022
Footwear retail chain Metro Brands Ltd has reported an increase of 11.19 per cent in consolidated net profit at Rs 112.99 crore for the third quarter ended December 2022
In a filing with BSE, BoI said its net interest income (NII) was up 64 per cent YoY in Q3 to Rs 5,596 crore
Gross premiums earned by the insurer was up 17 per cent YoY to Rs 5,600 crore in Q3FY23