Page 65 - Q3 Results

Indices end at record closing; Sensex up 394 pts at 49,792, Nifty at 14,645

Sectorally, all except Nifty FMCG index ended the day in the green on the NSE with the FMCG index closing down 0.16 per cent

Rebound in petchem, retail business to drive RIL Q3; JioMart road map eyed

JPMorgan would focus on Reliance Industries' management's commentary on Jio Platforms, and Jio Mart rollout

Federal Bank third quarter profit declines 8% to Rs 404 crore

The fall was mainly due to higher provisioning for bad loans

Gateway Distriparks surges 15% post Q3 results; analysts see more upside

The stock is trading close to its 52-week high level of Rs 138, scaled on January 29, 2020

Alembic Pharma extends decline on mixed December quarter results

Motilal Oswal Securities said Alembic Pharma missed Q3FY21 earnings estimate, weighed by lower-than-expected sales in the US

Spike in fertiliser sales boosts prospects for Coromandel International

While rabi season drives hopes of a strong Q3, analysts are hopeful of strong growth over the next two years

Gateway Distriparks Q3 sees 99% jump in consolidated profit at Rs 37 cr

The company had posted a profit of Rs 16.39 crore in the third quarter of financial year 2020-21

Tata Communications Q3 PAT sees 5-fold jump at Rs 309.41 cr on lower costs

The company said it had seen stable growth in data business despite it being a seasonally slow quarter with revenue growing 3.8 per cent y-o-y on the back of robust performance in traditional services

L&T Infotech Q3 PAT jumps 38% to Rs 519 cr on higher revenues, margins

Larsen & Toubro Infotech on Tuesday reported a 37.85 per cent jump in net profit to Rs 519.3 crore for the December quarter, mainly driven by a surge in revenue and margin expansion. The IT arm of engineering major L&T had posted a net profit of Rs 376.7 crore in the year-ago period. It reported a 12 per cent increase in revenues to Rs 3,152.8 crore for the quarter as against Rs 2,811 crore a year ago. Compared to the preceding September quarter, the revenues were up nearly 6 per cent. Its chief executive and managing director Sanjay Jalona said the company's revenues have exceeded the levels attained in FY20 and exuded confidence of closing FY21 with revenue growth in high single digits. The net income margin expanded to 16.5 per cent as against 13.4 per cent in the year-ago period and 15.2 per cent in the preceding September quarter. Jalona said a higher utilisation of over 84 per cent, greater volume of work done onshore in India and faster revenue growth helped in the ...

Network 18 Media net profit jumps two-fold to Rs 333 cr in third quarter

The company had posted a consolidated net profit of Rs 148.29 crore in the corresponding period last fiscal, Network 18 Media and Investments Ltd said in a regulatory filing

Tata Metaliks third quarter net profit up 55 per cent to Rs 75 crore

Higher margins boosted the pig iron and ductile pipe maker

Automobile Q3 results preview: Strong volume recovery to drive earnings

The sharp increase in prices of major commodities such as steel, aluminum, copper and rubber may dent auto industry's Q3 results

L&T Technology advances 10% ahead of Q3 results; surges 50% in 3 months

Phillip Capital expects LTTS to post strong dollar revenue growth of 4.1 per cent QoQ

Indiabulls Real Estate net profit rises 64% to Rs 81 cr in Dec quarter

Indiabulls Real Estate Ltd (IBREL) on Monday reported a 64 per cent rise in its consolidated net profit to Rs 80.69 crore for the quarter ended December.

Indiamart posts 29% rise in net profit at Rs 80 cr in third quarter

It attributed this growth to "marginal improvement in realisation of existing customers and increase in number of paying subscription suppliers"

L&T-owned Mindtree third quarter profit rises 29% to Rs 327 crore

L & T-owned digital transformation company Mindtree reported 28.7 per cent sequential growth in consolidated profit at Rs 327 crore for the quarter ended December 2020 as compared to Rs 254 crore in Q2 FY21.Consolidated revenue grew by 5.1 per cent quarter-on-quarter to Rs 2,024 crore and dollar revenue increased by 5 per cent to USD 274.1 million during the October to December period 2020.The bounce in numbers was backed by growth across verticals and robust margin expansion with a strong order book."The third quarter has by far been the best performing in recent years, backed by broad-based revenue growth of 5 per cent across verticals and service lines, robust margin expansion of 350 basis points and a healthy order book of USD 312 million (against USD 303 million in Q2FY21)," said Debashis Chatterjee, Chief Executive Officer and Managing Director."We are witnessing strong business momentum across all verticals with significant demand for cloud, data and analytics capabilities.

Despite Q3 loss, analysts still bullish on this multiplex stock & why!

In the December quarter, PVR posted a net loss of Rs 49.10 crore as it continued to be impacted by the Covid-19 pandemic

HDFC Bank third quarter net profit rises 14.36% to Rs 8,760 crore

HDFC bank is the largest private sector lender in India

HCL Tech Q3 net profit up 31%, crosses $10-bn revenue milestone in 2020

Revenue is expected to grow 2-3 per cent in constant currency terms in Q4 while EBIT outlook for FY21 is now 21-21.5 per cent, up from 20-21% announced previously

Top headlines: Stalemate over farm laws continues, HCL Q3 net profit up 31%

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