Page 57 - Q3 Results

Minda Industries posts over two-fold jump in Q3 profit at Rs 121 cr

Minda Industries on Thursday reported an over two-fold jump in consolidated profit after tax at Rs 121 crore in the third quarter ended December 2020

Adani Transmission December-quarter net profit up 128% at Rs 464 cr

Adani Transmission on Thursday posted a nearly 128 per cent rise in consolidated net profit at Rs 464 crore for the quarter ended December 2020. The consolidated net profit of the firm stood at Rs 204 crore in the quarter ended December 31, 2019, it said in a BSE filing. Total income dipped to Rs 2,734.04 crore in the quarter from Rs 2,835.72 crore in the same period a year ago. Gautam Adani, Chairman Adani Group, said, "The Power & Transmission sector has seen tremendous progress over the last two decades. Today, Government initiatives such as Saubhagya and the emphasis on renewables have significantly expanded electricity access." The next two decades promise to usher in new opportunities for the sector based on the resurgence of the economy post the pandemic and a positive investor outlook. Adani Transmission is fully equipped to co-create a future in line with the needs of a nation at the cusp of global renewable energy leadership, he added. Anil Sardana, MD and CEO, Adani ...

Jindal Stainless third quarter revenue jumps 9% to Rs 3,585 crore

Jindal Stainless Ltd (JSL) said on Thursday its consolidated revenue in Q3 FY21 stood at Rs 3,585 crore, up by 9 per cent year-on-year.The net revenue and earnings before interest, tax, depreciation and amortisation (EBITDA) totalled Rs 473 crore while EBITDA margin was at 13.2 per cent. The profit after tax was Rs 170 crore.The company said continuous and accelerated deleveraging along with interest rate rationalisation helped bring down the interest cost by 16 per cent over the corresponding period of last year to Rs 117 crore.Besides, the Indian economy gained momentum and registered a faster than expected recovery after the peak Covid-19 period in 2020. The third quarter witnessed healthy revival in end-user segments like automotive, pipes and tubes, and industrial fabrication.Backed by R & D efforts to indigenise various grades in the automotive sector, JSL was able to capitalise on the demand growth in the two-wheeler and passenger vehicle segments. It registered nearly 40 ..

HPCL chief indicates market forces may slightly raise fuel prices

Company doubles consolidated net profit in third quarter

Logistics firm Rivigo's loss widens 6% to Rs 542 cr, revenue up 5%

The firm's total expenses for the fiscal rose 5 per cent to Rs 1,622 crore

Bajaj Electricals third quarter net profit surges to Rs 98 crore

The firm was helped by a strong growth in its consumer products business

Top headlines: SBI Q3 profit slips 7%, US comments on farm laws, protests

Business Standard brings you top news of the day

Arvind Ltd Q3 net down 30% to Rs 25 cr, textile business rebounds

Consolidated revenue from operations dips 19% to Rs 1,514 crore

NTPC Q3 net profit rises 11% to Rs 3,315 cr; announces interim dividend

The revenue from operations grew by 4.3 per cent to Rs 24,509 crore

SBI Q3 result: Net profit slips 7% YoY to Rs 5,169 cr on higher provisions

Total provisions for the quarter were Rs 10,342.39 crore, of which provisions for NPA were Rs 2,290.38 crore

BSE m-cap at Rs 200 trillion as Sensex ends 358 pts up at 50,614; PSBs jump

Robust buying in shares of ITC, Kotak Mahindra Bank, State Bank of India, Bajaj Finance, ICICI Bank, and M&M helped the benchmark S&P BSE Sensex scale fresh lifetime peak of 50,687.51 level

Zee Entertainment posts third quarter net profit of Rs 398 crore

Zee Entertainment Enterprise reported a consolidated net profit of Rs 398.01 crore for the third quarter ended December 2020

Whirlpool of India third quarter profit falls 6.70% to Rs 71.36 crore

The firm was hit by a sharp increase in input costs

Shell profit drops to 20-year low in 2020 at $4.8 billion, raises dividend

Shell's annual adjusted earnings dropped to $4.8 billion, down 71% from a year earlier

Realty firm Godrej Properties' Q3 profit dips 69% to Rs 14.35 crore

During April-December period of the 2020-21 financial year, Godrej Properties clocked a net profit of Rs 2.19 crore, registering a sharp drop from Rs 168.13 crore in the year-ago period

Prince Pipes soars 18%, hits new high on robust December quarter results

The firm's net profit rose 175 per cent year-on-year (YoY) to Rs 67 crore in the third quarter of FY21 on the back of higher revenues

Apollo Tyres surges 10%, hits 52-week high on strong Q3 results

The margin performance was helped by recovery in topline earnings, subdued raw material cost, and control over costs, the management said

Bharti Airtel back in the black, posts Rs 854-crore profit in Q3

India unit still in losses; ARPU up, lower than Jio

Stocks to watch: Airtel, Future Retail, SBI, Hero MotoCorp, Jubilant Food

HCL Technologies has formed a global strategic alliance with Alteryx, Inc to help companies with analytics automation and digital transformation priorities

Hero MotoCorp Q3 preview: Profit seen rising over 11% YoY; margins may dip

According to the monthly sales data, the company sold 18.45 lakh units in the quarter under review, up 19.8 per cent from the 15.40 lakh units sold in the year-ago quarter