Page 39 - Q3 Results

India's Q3 manufacturing outlook improves, cost of doing biz concern: FICCI

The outlook for India's manufacturing sector seems to have improved in the October-December 2021 quarter even as the cost of doing business remains a cause for concern, according to a FICCI survey.

IDFC First Bank Q3 net profit rises 117% to Rs 281 cr

Its net interest income grew by 36% on a YoY basis to reach Rs 2,580 cr in Q3FY22

Suzlon Energy posts net profit of Rs 37 cr in Dec quarter

Suzlon Energy has posted a consolidated net profit of Rs 37.73 crore in the December 2021 quarter mainly on account of higher revenues

Karnataka Bank posts net profit of Rs 146.42 crore in the third quarter

The private sector Karnataka Bank has posted a net profit of Rs 146.42 crore for Q3 of current financial year as against Rs 135.37 crore net profit earned during the corresponding quarter of last year

Suzlon Energy reports net profit of Rs 37 crore in December quarter

The company had reported a consolidated net loss of Rs 118.06 crore in the quarter ended on December 31, 2020

Vedanta Ltd consol Q3 PAT up 27% YoY at Rs 4,189 crore on robust revenue

Net sales up 50% at Rs 33,697 crore; reported topline is a record consolidated quarterly revenue

L&T consol Q3 PAT down 17% YoY at Rs 2,055 cr on input cost spike

Topline up 11% at Rs 39,563 crore, with infra segment contributing the highest followed by IT & Tech Services and hydrocarbon business

Kotak Mahindra Bank's consolidated net profit up 31% YoY in Q3

Standalone net profit up 15% YoY aided by higher NII and write back of provisions

Eris Lifesciences Q3 PAT up 12% to Rs 90 cr, revenue rises 7%

The company launched four new products in the first nine months of FY22, more on the anvil

IIFL Finance Q3 profit up 15% at Rs 310 cr backed by home, gold loan biz

IIFL Finance on Friday reported 15 per cent increase in net profit at Rs 310 crore for December quarter 2021-22, backed by growth in home and gold loan businesses. The company had logged a net profit of Rs 269 crore in the year-ago period. Total income during the period under review rose to Rs 1,071 crore from Rs 919 crore in the year-ago quarter. IIFL loan assets under management grew 11 per cent year-on-year driven by sustained growth in home loan and gold loan businesses, the company said in a release. The non-banking financial company said it has a liquidity comfort at an all-time high at Rs 9,145 crore, which is adequate to meet not only all near-term liabilities but also to fund the growth momentum. "Our annualized ROE (return on equity) remained above 20 per cent and ROA (return on assets) above 2.5 per cent. With ongoing expansion, operating cost grew 9 per cent quarter-on-quarter," it said. As of December 31, 2021, the AUM of the company stood at Rs 46,780 crore, with ho

Century Plyboards India's Q3 net profit jumps 42.7% to Rs 93.9 cr

Century Plyboards (India) Ltd on Friday reported a 42.7 per cent jump in its consolidated net profit to Rs 93.89 crore for the third quarter ended December 2021. The company had posted a net profit of Rs 65.79 crore in the corresponding quarter of last year, Century Plyboards said in a BSE filing. Its revenue from operations during October-December 2021 jumped 29.5 per cent to Rs 854.79 crore. It was Rs 660.09 crore in the year-ago period. Century Plyboards' total expenses stood at Rs 725.98 crore during the December 2021 quarter, a jump of 30.67 per cent as compared with Rs 555.60 crore. Shares of Century Plyboards (India) Ltd on Friday declined 2.16 per cent to close at Rs 593.35 apiece on the BSE.

Sensex falls 884 pts from day's high, ends 77 pts down; Nifty holds 17,100

For the week, the Sensex and the Nifty indices are down 3% each

Laurus Labs bounces 16% from day's low on heavy volumes

The company said its Q3FY22 results were impacted by lower sales of ARV, APIs and formulations due to stocking at channel partners and it expects improvement from January-March quarter (Q4).

Central Bank Q3 profit jumps 69% at Rs 279 cr on core income growth

Central Bank of India on Friday reported 69 per cent jump in net profit at Rs 279 cr for the quarter ended December 2021 on the back of healthy growth in core income and fall in bad loan proportion.

LIC Housing Finance shares jump nearly 13% as firm sees 6% rise in profit

Shares of LIC Housing Finance (LICHFL) on Friday zoomed nearly 13 per cent after the firm reported a 6 per cent increase in profit after tax for the quarter ended December 2021. The stock jumped 12.63 per cent to Rs 389 on the BSE. On the NSE, it rallied 12.59 per cent to Rs 389. Mortgage lender LIC Housing Finance on Thursday reported a 6 per cent increase in profit after tax at Rs 767.33 crore for the quarter ended December 2021, aided by higher collections and drop in provisions. It had reported a profit after tax of Rs 727.04 crore in the same period of the previous fiscal. "The income levels were more or less maintained. Our collections were good during the three months of the quarter. Recovery also picked up across all the regions. "Even the provisions were less in the quarter because of the provisions we had made earlier," the company's Managing Director and CEO Y Viswanatha Gowd said. The lender reported better growth in the quarter due to higher disbursements during the

MapmyIndia slips 11%, hits record low post December quarter results

The company's consolidated net profit declined 14 per cent YoY to Rs 18.52 crore in Q3FY22.

RBL Bank Q3 net up 6% to Rs 156 cr on lower provisions, robust NII

Profit number beats Bloomberg estimate of Rs 75.7 crore. Sequentially net profit was up 5x

Canara Bank Q3 net rises 115.8% on steady growth in NII, dip in provisions

The bank's NII grew by 14.11 per cent to Rs 6,946 crore in Q3FY22 as against Rs 6,087 crore in Q3FY21.

Colgate-Palmolive India net profit rises 1.6% to Rs 252.3 crore

FMCG major Colgate-Palmolive India Ltd on Thursday reported an increase of 1.6 per cent in its net profit to Rs 252.33 crore for the third quarter ended December 2021. The company had posted a net profit of Rs 248.36 crore in the corresponding quarter of the last financial year, Colgate-Palmolive India Ltd (CPIL) said in a BSE filing. Its revenue from operations during October-December 2021 increased 3.84 per cent to Rs 1,271.29 crore, against Rs 1,224.21 crore in the year-ago period. Total expenses stood at Rs 945 crore in the December 2021 quarter, a rise of 3.98 per cent as compared with Rs 908.77 crore a year ago. CPIL Managing Director Ram Raghavan said, "Despite the macro challenges, our growth remains strong, consistent and driving the right balance between volume and revenue growth. Brand penetration strengthening reflects continued consumer trust in our brands. We continue with our strong innovation pipeline with new initiatives launched this quarter." Shares of ...

RBL Bank Q3 net slips 17%; net interest income up 0.10% to Rs 1,010 cr

Rajeev Ahuja, the interim chief executive and managing director, said the performance across businesses is looking good and the fourth quarter of FY22 and the time ahead will see it deliver better per