This week, a number of equities are expected to go ex-dividend. These equities include Asian Paints, Indian Hotels, Tata Power, HDFC AMC, and others. Some of them have provided excellent returns—up to 230%—along with generous dividend yields, but others have provided flat or even negative returns over the past 12 months. The day that equity […]
Adani Ports, India’s leading port operator and logistics company, has recently released its financial results for the fourth quarter (Q4) of the fiscal year 2022-23. Here, we present a summary of Adani Ports’ Q4 results, together with important financial data and highlights. Keywords: Adani Ports, Q4 results, financial performance, revenue growth, net profit, EBITDA, market […]
Bikaji Foods, a well-known food company just released its financial results for the fourth quarter of the fiscal year 2022-2023. The business had excellent performance, with notable increases in net profit and revenue. Revenue Surge During Q4 FY22-23, Bikaji Foods saw a notable increase in overall revenue, registering a significant amount of Rs. 458.23 Crore. […]
Zomato announced on Friday that it had reduced losses in the March quarter, both year over year (YoY) and sequentially. The company’s overall net loss decreased from Rs 360 crore a year ago and Rs 345 crore a quarter ago to Rs 188 crore. To reach Rs 2,056 crore, total revenue grew by a staggering […]
The largest bank in the nation, State Bank of India (SBI), on Thursday declared a net profit of Rs. 16694 crore for the quarter which ended in March 2023. It is an increase of 83% from Rs.9113 crore, which was the net profit in the same quarter last year. Readers can access the detailed financial […]
ITC, a prominent player in the FMCG industry declared its Q4 FY22-23 results on Thursday. Its standalone net profit for the March quarter stood at Rs 5086 crore. This is a 21.37% rise year over year (YoY) to from Rs 4190 crore in the same quarter previous year. Analysts had anticipated earnings increase in the […]
State-owned REC Ltd reported on Wednesday a 33% increase in its consolidated net profit at Rs 3,065.37 crore. It had reported a net profit of Rs 2301 crore during the same quarter of previous year. According to REC in a regulatory filing, the business recorded a net profit of Rs 2,301.33 crore during the January-March […]
For the three months ending in March, Indian Oil Corp. recorded a 52% increase in its consolidated net profit at Rs 10,841 crore. In the same period last year, it was Rs 7,089 crore. In the March quarter, operating revenue increased 10% year over year (YoY) to Rs 2.30 lakh crore from Rs 2.09 lakh […]
Pfizer has demonstrated outstanding financial performance, as shown by its strong net sales and income numbers. Pfizer recorded net sales/income from operations of Rs. 572 Crores in the first quarter of FY23, an impressive YoY growth of 4.2%. The company’s net profit increased as well, rising 3.2% YoY to Rs. 129.65 Crores. These encouraging financials […]
The power of compounding is one of the personal finance ideas with the greatest potential for long-term wealth building. Compounding, sometimes called the “eighth wonder of the world” by renowned scientist Albert Einstein, is a power that, over time, may turn modest resources into huge riches. One’s financial future may be dramatically impacted by comprehending […]
