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  • Stock Of The Day: Shriram Finance | Robust Asset Growth & Margin Expansion Improved Profitability March 14, 2023 11:29 AM IST

    Stock Of The Day: Shriram Finance | Robust Asset Growth & Margin Expansion Improved Profitability

    Market leader in used-vehicle, with strong pricing power and improvement in market shares post-merger. A combined entity offers a more diversified and larger loan book. Robust disbursement and asset growth. Asset quality improving on better collections. Margin expansion and lower opex caused improved profitability.

  • Shell CEO pay up 50% as soaring energy prices boosted profit March 09, 2023 05:53 PM IST

    Shell CEO pay up 50% as soaring energy prices boosted profit

    London-based Shell paid Ben van Beurden a total of 9.7 million pounds (USD 11.5 million) in 2022 as annual company profits doubled to an all-time high of USD 40 billion because Russia’s war in Ukraine sent oil and gas prices soaring.

  • VE Commercial Vehicles total sales up 24% in February March 01, 2023 07:40 PM IST

    VE Commercial Vehicles total sales up 24% in February

    The company, a joint venture of the Volvo Group and Eicher Motors, had sold 5,856 units in February 2022, VE Commercial Vehicles (VECV) said in a statement.

  • NMDC iron ore output grows 4% in Feb; sales drop 4.78% March 01, 2023 07:10 PM IST

    NMDC iron ore output grows 4% in Feb; sales drop 4.78%

    Sales of iron ore declined by 4.78 per cent to 3.78 MT in February 2023 compared to 3.97 MT in the same month of last year, according to an exchange filing.

  • Target issues tepid outlook after a 43% profit drop in 4Q February 28, 2023 06:15 PM IST

    Target issues tepid outlook after a 43% profit drop in 4Q

    The fiscal fourth-quarter results beat retail industry analysts’ expectations. But the Minneapolis discounter issued a cautious outlook for the year as inflation squeezes household budgets. Shares dropped 5%.

  • India Inc's profit margin narrows in December quarter on high inflation: Icra February 27, 2023 05:01 PM IST

    India Inc's profit margin narrows in December quarter on high inflation: Icra

    When viewed sequentially, the operating profit margin for the December quarter expanded by 1.80 per cent over the preceding September quarter, Icra Ratings said, attributing the same to the easing in input costs and also price hikes by many companies.

  • Website creator Wix.com sees strong sales in 2023 after Q4 profit February 22, 2023 03:40 PM IST

    Website creator Wix.com sees strong sales in 2023 after Q4 profit

    The Israeli company said it earned 61 cents per share excluding one-time items, compared with a loss of 34 cents per share a year earlier. Revenue grew 6% to $355 million and was up 9% to $1.4 million in all of 2022.

  • HSBC India pre-tax profit jumps 15% to USD 1.277 billion February 21, 2023 05:30 PM IST

    HSBC India pre-tax profit jumps 15% to USD 1.277 billion

    The bank had reported a pre-tax profit of USD 1.11 billion from its operations in India, which continues to be fourth largest contributor for group profits, in 2021.

  • ReNew Energy Global Plc loss narrows to Rs 401 crore in Q3 February 17, 2023 05:07 PM IST

    ReNew Energy Global Plc loss narrows to Rs 401 crore in Q3

    "Net loss for Q3 FY23 was Rs 4,013 million (USD 49 million) compared to a net loss of Rs 6,384 million (USD 77 million) for Q3 FY22," a company statement said.

  • Bharat Forge consolidated net profit falls 81% to Rs 78.72 crore in December quarter February 14, 2023 06:37 PM IST

    Bharat Forge consolidated net profit falls 81% to Rs 78.72 crore in December quarter

    The company had posted a consolidated net profit of Rs 422 crore in the same period last fiscal, Bharat Forge Ltd (BFL) said in a regulatory filing.

  • Shree Renuka Sugars Q3 profit falls 67% to Rs 14 crore February 14, 2023 05:17 PM IST

    Shree Renuka Sugars Q3 profit falls 67% to Rs 14 crore

    Its net profit stood at Rs 43.3 crore in the year-ago period. Total income rose to Rs 2,563.2 crore in the third quarter of this fiscal from Rs 2,025.3 crore in the corresponding period of the previous year, according to a regulatory filing.

  • Siemens December quarter profit up 85% to Rs 462 crore February 14, 2023 04:12 PM IST

    Siemens December quarter profit up 85% to Rs 462 crore

    In the year-ago period, net profit of the company was Rs 250 crore, as per a BSE filing. The company follows October-September financial year. Total income rose to Rs 4,116.8 crore in the quarter from Rs 3,480.9 crore in the same period a year ago.

  • Realty firm TARC Q3 profit falls 84% to Rs 1.34 crore February 14, 2023 03:42 PM IST

    Realty firm TARC Q3 profit falls 84% to Rs 1.34 crore

    Its profit stood at Rs 8.50 crore in the year-ago period. Total income, however, rose to Rs 109.64 crore during the October-December period of 2022-23 fiscal, from Rs 69.94 crore in the corresponding period of the previous year, according to a regulatory filing.

  • Lyft says lower prices to hit profit, shares drop 30% February 10, 2023 06:11 AM IST

    Lyft says lower prices to hit profit, shares drop 30%

    Lyft also forecast revenue below analyst expectations for the current quarter.

  • Japan's Nissan reports more than double profit as chip crunch eases February 09, 2023 05:11 PM IST

    Japan's Nissan reports more than double profit as chip crunch eases

    Quarterly sales surged 29% to 2.8 trillion yen ($21 billion), as a shortage of computer chips that has bedeviled the world’s automakers gradually eased, according to Nissan.

  • Trent Q3 net profit at Rs 154.81 crore February 08, 2023 08:37 PM IST

    Trent Q3 net profit at Rs 154.81 crore

    The company had posted a net profit of Rs 113.78 crore in the October-December quarter a year ago, Trent said in a regulatory filing.

  • SKF India Q3 Net rises 31% to Rs 116.6 crore February 08, 2023 07:36 PM IST

    SKF India Q3 Net rises 31% to Rs 116.6 crore

    The company had posted a consolidated net profit of Rs 88.79 crore in the third quarter of FY22.

  • Samvardhana Motherson International profit stood at Rs 500.73 crore in December quarter February 08, 2023 07:32 PM IST

    Samvardhana Motherson International profit stood at Rs 500.73 crore in December quarter

    The company had posted a consolidated net profit from continuing operations of Rs 225.95 crore in the year-ago period, Samvardhana Motherson International Ltd (SAMIL) said in a regulatory filing.

  • Pennar Industries’ PAT up 97.2 % at Rs 21 crore in Q3 February 08, 2023 07:25 PM IST

    Pennar Industries’ PAT up 97.2 % at Rs 21 crore in Q3

    The city-based value-added engineering products and solutions company said net revenues during the quarter stood at Rs 692.22 crore up 29.9 per cent compared to Rs 532.97 crore in Q3 FY22.

  • Godrej Agrovet third-quarter profit jumps on animal food demand February 08, 2023 07:07 PM IST

    Godrej Agrovet third-quarter profit jumps on animal food demand

    The agribusiness company has been grabbing market share in the cattle feed business, which has boosted revenue for several quarters and helped to soften the blow from high costs at its vegetable oil unit.

  • Escorts Kubota posts 6% decline in Q3 profit to Rs 180.8 crore February 08, 2023 06:08 PM IST

    Escorts Kubota posts 6% decline in Q3 profit to Rs 180.8 crore

    The company had posted a consolidated net profit of Rs 193.71 crore in the same period last fiscal, Escorts Kubota Ltd said in a regulatory filing.

  • Adani Power Q3 profit plunges 96% to Rs 9 crore February 08, 2023 05:12 PM IST

    Adani Power Q3 profit plunges 96% to Rs 9 crore

    In the year-ago period, the profit was Rs 218.49 crore, the company said in a BSE filing.

  • Symphony Q3 profit rises 86% to Rs 39 crore February 08, 2023 04:18 PM IST

    Symphony Q3 profit rises 86% to Rs 39 crore

    The company had logged a net profit of Rs 21 crore in October-December period a year ago, Symphony said in a regulatory filing.

  • How to make volatility your friend February 08, 2023 09:25 AM IST

    How to make volatility your friend

    Differences in the volatility cycles of earnings and that of market prices often give useful information to investors, if they are watching closely

  • Eveready Industries Q3 profit down 77% to Rs 5.44 crore, revenue up 1.4% to Rs 330.4 crore February 07, 2023 09:44 PM IST

    Eveready Industries Q3 profit down 77% to Rs 5.44 crore, revenue up 1.4% to Rs 330.4 crore

    The company had posted a net profit of Rs 23.71 crore in the October-December period a year ago, Eveready Industries said in a regulatory filing.