Page 62 - Q3 Results

Bank of Baroda clocks Rs 1K-cr profit, warns of stress in retail, SME loans

Despite interest income declining by almost 7 per cent, the lender's NII rose 8.65 per cent to Rs 7,749 crore

ICICI Prudential Life Insurance reports net profit of Rs 306 crore in Q3

New business sum assured grew by 22.2 per cent year-on-year during the December quarter

Emami Q3 PAT up 45%, led by sales growth and cost control measures

Domestic business up 16% led, by a 13% spike in volumes, as firm sees all-round growth across major brands

United Spirits Q3 consolidated net profit rise nearly 21% to Rs 280.3 cr

Diageo-controlled liquor maker United Spirits Ltd (USL) on Wednesday reported a 20.82 per cent rise in consolidated net profit at Rs 280.3 crore for the third quarter ended December 2020. The company's board, on Wednesday, also approved the succession plan to appoint Hina Nagarajan as the Chief Executive Officer - Designate of the company from April 1. USL had posted a net profit of Rs 232 crore in the 2019 December quarter. The company's revenues from operations jumped 7.65 per cent to Rs 8,410.3 crore in the latest December quarter. In the year-ago period, the same stood at Rs 7,812.3 crore, according to a regulatory filing. However, total expenses climbed to Rs 8,074.5 crore in the third quarter of the current fiscal as against Rs 7,503.3 crore in the same period a year ago. "Operational resilience, contextual marketing with focus on in-home occasions and renovation of our core brands supported the top-line recovery," Diageo India MD & CEO Anand Kripalu said. The third quarter

HUL Q3 profit jumps 19% YoY to Rs 1,921 crore; revenue rises 20%

HUL had posted a profit of Rs 1,616 crore in the same period last year

Indices turn negative for 2021 as Sensex tanks 938 pts, Nifty gives up 14k

All that happened in the markets today

Sensex tanks 938 points: Key factors behind the market crash

The volatility remained high ahead of the monthly F&O expiry on Thursday

Rane (Madras) advances 15% on strong December quarter results

In Q3FY21, the company reported a net profit of Rs 5.50 crore against a net loss of Rs 7.2 crore in year-ago quarter

The India Cements reports Q3 net profit at Rs 67.90 cr, revenue down 4.79%

The India Cements on Wednesday reported a consolidated net profit of Rs 67.90 crore for the third quarter ended December 2020. The company had posted a net loss of Rs 8.79 crore during the October-December quarter of the previous fiscal, The India Cements said in a regulatory filing. Its revenue from operations was down 4.79 per cent to Rs 1,184.68 crore during the quarter under review as against Rs 1,244.28 crore in the corresponding period of the previous fiscal. The India Cements' total expenses stood at Rs 1,093.05 crore in Q3/FY 2020-21, down 13.6 per cent as against Rs 1,265.13 crore. According to the company, the spread of COVID-19 has severely impacted businesses in India and abroad. In consequence of the lockdown, the operations of the company were shutdown during the last week of March 2020 and restarted in phases during April 2020. The pandemic situation has affected the normal business operations of the company and production, sales and profitability, inter alia, have

L&T gains 2% post December quarter results; analysts see further upside

During Q3FY21, L&T's standalone adjusted net profit came in at Rs 1,705 crore against Rs 1,261 crore in Q3FY20

HUL Q3 preview: Double-digit revenue growth likely on GSK acquisition

Analysts at ICICI Securities expect Hindustan Unilever (HUL) to post 15.4 per cent year-on-year (YoY) revenue growth at Rs 11,322.3 crore in the December quarter

Dip in PAT, weak asset quality: What to track in Bank of Baroda's Q3 result

HSBC pegs Bank of Baroda's Q3FY21 net profit at Rs 164.1 crore, a staggering 90 per cent de-growth from September quarter's PAT of Rs 1,678.6 crore

Axis Bank Q3: Profit may jump up to 83% YoY; asset quality could take a hit

Limited Covid-19 provisioning in the quarter may shore up profit of Axis Bank, analysts at Edelweiss Securities said in their result preview report

Is there a bubble in financial markets?

Markets are past the phase of multiple expansion driven by ultra-easy financial conditions

Kotak Mahindra Bank Q3 consolidated net up 11% at Rs 2,602 cr on robust NII

Asset quality improves both YoY and sequentially; bank has also granted one-time recast of borrowers under RBI resolution framework, amounting to 0.28 per cent of its net advances

Shares of Reliance Industries plunge 6% on disclosure concerns

The country's most-valuable firm reported record quarterly profit for the quarter ended Dec 31, but didn't disclose gross refining margins, a key metric to analyse its oil and petrochemicals vertical

L&T consolidated Q3 PAT at Rs 2,467 crore, up 5% YoY on lower expenses

Consolidated Group order book at record high of Rs 331,061 crore as on Dec 31, 2020

ICICI Securities third quarter net profit up 95% to Rs 267 crore

The firm saw growth in revenue and improvement in margins

L&T Q3 profit rises 5% YoY to Rs 2,467 cr on record quarterly order inflow

The Group order inflow for the quarter ended December 31, 2020 registered a strong growth of 76 per cent over the corresponding quarter of the previous year and stood at Rs 73,233 crore

Sundaram Home Finance Q3 net up 36% to Rs 56 cr, disbursements fall

Company optimistic about growth going forward, sees demand push from stamp duty reduction by states, softer prices by builders