Higher margins and non-core income lift Axis Bank Q4 profit
The bank had reported a loss of ₹5,728 crore in the corresponding period a year ago on goodwill impairment following Citibank's portfolio acquisition. The bank had reported a net profit of ₹6,071 crore in October-December 2023 period, translating into a 17% increase in profit on a sequential basis.
LTIMindtree Q4 net dips 1.2% to ₹1,100.7 crore; company hopeful of returning to growth in Q1 FY25
The Q4 report card was impacted by slower ramp-ups and weak showing in the banking and financial services space.
Syngene International Q4 Results: Profit Up 5.5% At Rs 188.6 Crore, Revenue Falls
Syngene International's Q4 revenue was down 7.8% to Rs 916.9 crore as against an estimate of Rs 1,024 crore.
Lodha Q4 Results: Net profit jumps 21% YoY to Rs 670 crore; co reports best-ever quarterly, annual presales
The developer recently raised $400 million or over Rs 3,300 crore from investors including Invesco Oppenheimer, Blackrock, Carmignac, APG and HDFC Life through a qualified institutional placement (QIP) issue. This was the fourth equity raise by Lodha in the last 36 months totalling Rs 13,000 crores of capital including its initial public offer (IPO) in April 2021.
Syngene Q4 Results: Net profit rises 6% to Rs 189 crore, revenue drops 8%
The earnings before interest, tax, depreciation and ammortisation dropped 1% YoY to Rs. 333 crore in Q4FY24. The EBITDA margin rose 300 basis points YoY to 36%.
HUL Q4 net slides 6% to ₹2,406 crore as inflation pinches pockets
FMCG firm sees underlying sales growth of 1% amid subdued consumption trends, an absence of price growth; CEO Jawa expects demand to ‘gradually improve’ due to a normal monsoon
IHCL Q4 Results: Profit jumps 29% YoY to Rs 438 crore
The hotel chain has commenced a five-year capital deployment plan from financial year 2023 to 2027 totalling Rs 3,500 crore towards key asset upgradation and building capabilities. It will also introduce the re-imagined Gateway, a full-service hotel offering in the upscale segment.
Merger And Acquisition Deal Value Surges 60% To $19.6 Billion In Q1 2024: PwC India Report
M&A deal value surged by 60% to $19.6 billion in Q1 2024, marking a notable resurgence, as per PwC India report 'Deals at a glance'
5paisa Capital Q4 results: Net profit falls 60 percent to Rs 5.8 crore, revenue up 24 percent to Rs 112.9 crore
The company acquired 2.67 lakh customers in the quarter, up by 15 percent QoQ. However, its retail market share went down 16 percent sequentially to 2.36 percent.
Bunge Q1 Results: Profit falls on weaker agribusiness results, shares drop
Agricultural commodities trader Bunge Global reported a smaller-than-expected decline in first-quarter profit on Wednesday as good oilseed processing results in Europe and Asia blunted the impact of weaker grain trading margins.
Macrotech Q4 net profit dips 11% to Rs 665 crore
During FY2023-24, the company's total income rose to Rs 10,469.5 crore from Rs 9,611.2 crore in the 2022-23 fiscal.