Revenue from operations in Q3FY22 marginally rose to Rs 9,022 cr
Shares of Just Dial on Wednesday dipped over 3 per cent after the company's consolidated net profit declined by 61.2 per cent for December 2021 quarter. The stock declined 5.78 per cent to Rs 791 during the day on the BSE. It settled at Rs 812.90, lower by 3.17 per cent. At the NSE, it closed at Rs 813, a decline of 3.16 per cent after tumbling 5.90 per cent during the session to Rs 790. Just Dial on Tuesday said its consolidated net profit declined by 61.2 per cent to Rs 19.4 crore for the quarter ended December 2021. The company's net profit stood at Rs 49.9 crore in the year-ago period. Its net revenue from operations dipped 6.2 per cent to Rs 158.89 crore in the October-December 2021 quarter from Rs 169.54 crore a year ago. The company said it has ramped up hiring across critical functions, such as technology, content, sales and marketing teams, which has resulted in higher employee expenses. In the sales department, headcount was up 18.3 per cent sequentially. "These investm
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Music label Saregama India on Wednesday reported a 37.78 per cent increase in its consolidated net profit to Rs 43.54 crore for the third quarter ended in December 2021.
JSW Energy on Wednesday reported over two-fold jump in its consolidated net profit to Rs 324 crore in December 2021 quarter, mainly on the back of higher revenues.
Stock market LIVE: Sector-wise, only Auto, metals and energy stocks were trading higher. Meanwhile, Nifty IT index, down nearly 2 per cent , was still the biggest loser. .
Analysts expect nearly 200 basis points year-on-year fall in HUL's gross margins for the December quarter due to high commodity prices.
TV industry saw an all-time high advertising volumes in the third quarter driven by strong consumer demand, increased spending by existing brands for a higher share of voice.
The NBFC reported a strong 85 per cent YoY jump in consolidated net profit at Rs 2,125 crore, beating Street estimates.
Aptech, Bajaj Auto, Ceat, JSW Energy, L&T Infotech, Mastek, Oracle Financial Services, Rallis India, Saregama and Tata Communications to announce December quarter results on Wednesday
To infuse Rs 2.9k cr as equity in two subsidiaries
The company is among the world's leading design and technology services providers across industries, including Automotive, Broadcast, Communications, Healthcare, and Transportation
Profit up 8.17% sequentially; revenue growth 20% YoY at Rs 1,687 crore
Net interest income for Q3FY22 increased by 40% to Rs 6,000 cr
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Media firm TV18 Broadcast Ltd on Tuesday reported a 17.4 per cent drop in its consolidated net profit to Rs 311.55 crore for the third quarter ended December 2021.
In the intra-day trade, the indices hit a low of 60,662 and 18,086, respectively
Newgen Software Technologies on Tuesday said its consolidated net profit increased about 35 per cent to Rs 47.8 crore in December quarter 2021-22. The company also announced the acquisition of Number Theory Software. Newgen registered a net profit of Rs 35.41 crore in December quarter 2020-21. Revenue from operations grew 9.1 per cent to Rs 202.5 crore in the third quarter of 2021-22 from Rs 185.51 crore in the year-ago period, Newgen said in a regulatory filing. In a separate filing, Newgen said its Board has approved the purchase of 100 per cent of the paid-up equity shares of Number Theory Software from its existing shareholders, Tarun Gulyani and Rajan Nagina. Post completion of the acquisition - which is subject to customary conditions precedent - the target company will become a wholly-owned subsidiary of Newgen, it added. "Newgen will be making a closing payment aggregating to approximately Rs 7,02,73,340 to the promoters of target company towards 100 per cent of the equity
The company is hopeful that cost inflation has peaked out and, with demand picking up, all of this should bolster volume growth and lead to margin rebound Q4 onwards.
The company registered highest ever quarterly sales of Rs 4,267 crore, up 111 per cent year on year (YoY) during October-December quarter (Q3FY22).