The profit warning is a blow for the bank which had previously said it expected to make a net loss during the last three months of the year but did not give a figure
For the financial year 2021-22, Parag Milk Foods reported a loss of Rs 532.50 crore, due to one-time write down of Rs 509.50 crore.
The company's EBITDA margins contracted from 14.2 per cent in Q4FY21 and 13.7 per cent in Q3FY22 to 11.1 per cent in Q4FY22.
The rise in the Singapore gross refining margin (GRM) to a record high of $25.2 a barrel bodes well for Indian refiners as they process raw crude into refined products.
The company expects revenue for the quarter to be between $51.94 billion and $52.74 billion, down from its prior range of $52.40 billion to $53.20 billion
State-owned aeronautics firm appears to have countercyclical strength, as supply of spares and lack of diversification are potential downside risks.
PAT jumped nearly four-fold; Ebitda margins improved to 25.8 per cent from 15.1 per cent owing to shift in the product mix towards high- margin value-added products
Analysts remain bullish on prospects of the company due to increase in crude price realisation and improvement in domestic gas price realisation.
LIC Q4 review: Post Tuesday's share price decline, the insurer has slipped one position to India's seventh most valuable firm after ICICI Bank
For the full financial year ended 2022, the logistic tech company's net loss swelled to Rs 1,011 crore, compared to Rs 415.7 crore in the previous year.
Coffee Day Enterprises Ltd has reported a consolidated net profit of Rs 58.67 crore for the fourth quarter ended March 2022
The stock of PG Electroplast has surged 30 per cent in two days after the company posted strong operational performance in March 2022 quarter (Q4FY22) that signaled robust outlook.
The loss came on account of settlement charges of pending litigations in the US, and restructuring operations in some countries. Adjusted profit grew 18 per cent year on year (YoY) to Rs 1,582 crore.
The company's profit jumped 67 per cent on a YoY basis, while sales grew by 36.3 per cent. The board has also recommended a dividend of Rs 35 per share.
In the past three months, the stock zoomed 55 per cent, as against 1 per cent decline in the S&P BSE Sensex.
Provides for the settlement charges, says adjusted profit for Q4FY22 at Rs 1582 cr, up 18% YoY after excluding exceptional items of Rs 3,935.7 cr and one-time tax gain of Rs 76.4 cr
Reversal in price trends, policy measures such as windfall tax by the government and fall in refining margins are among key downside risks
In FY22, LIC reported a net profit of Rs 4,043.12 crore from Rs 2,900.56 crore in FY21, up 39.4 per cent on a year-on-year (YoY) basis
Express parcel volumes grew by 101%, far outstripping the industry volume growth of approximately 40%, the company said
Direct-to-home firm Dish TV India reported widening of its consolidated net loss to Rs 2,031.99 cr for Q4 Direct-to-home firm Dish TV India reported widening of its consolidated net loss to Rs 2,031.9