Tata Motors announced on 12 May that it had achieved a consolidated profit of Rs 5,407.79 billion for the March quarter, compared to a loss of Rs 1,032.84 billion in the same period last year. The revenue from operations was Rs 1,05932.35 crores, an increase of 35.05% over Rs 78439.06 crores in the same quarter […]
TVS Motor Company reported on Thursday a 49% increase in its net profit for the March 2023 quarter. The net profit for the quarter ended March 2023 was Rs.410.27 crore, compared to Rs.274.50 in the same period last year. The revenue from operations for the current quarter increased by 19.4%, to Rs. 6,604,78 crores as […]
Canara Bank reported a net profit of Rs 3,175 crore for the March quarter, an increase of 90% YoY. In the same quarter of last year, this figure was Rs 1,666 billion. The fourth quarter’s net interest income (NII), which is the difference between the interest earned and the interest spent, increased by 23% year-over-year […]
Happiest Minds Technologies, a mid-cap IT company, reported today’s closing session a market value of Rs.12567.11 crore. The firm’s FY23 results were outstanding, with a revenue increase of 23.7% and an EBITDA increase of 26.2%. Happiest Minds Technologies today filed a filing on the stock exchange stating that the Board of Directors “Recommended” a final […]
India’s Information Technology (IT) industry has experienced dramatic expansion over recent decades, establishing it as a global IT hub and contributing significantly to GDP, export earnings and employment creation. This article presents 10 stocks from Indian IT Sector that make ideal long-term investments: Tata Consultancy Services TCS, established in 1968, has quickly grown into one […]
Marico reported an increase of 20.3% in net profit year-on-year for the March quarter to Rs 302 crore despite a modest growth in revenue. Revenue from operations increased marginally by 4% to Rs 2,240 billion. The company announced its earnings after the markets closed. The National Stock Exchange closed the day with a 0.7% decline […]
In its latest policy, the US Federal Reserve decided on Wednesday to raise key interest rates by only a quarter percentage point in order to continue fighting against high inflation. Also, the US Fed released its economic forecasts. The US Fed released a statement that highlights the main points. The US Fed continues to fight […]
Tata Power Company reported a 48.5% increase in profit for the quarter ending March 31, 2023. This was largely due to higher income from other sources and a lower base than the previous period. However, the operating margin remained low. The consolidated revenue from operations was Rs 12,454 crores for the third quarter, a growth […]
A standalone net profit of Rs 734 crore was announced by Titan Company on May 3 for the quarter that ended in March, an increase of 50% from the Rs 491 crore reported a year earlier. The jewellery giant released a total revenue of Rs 8,753 crore, a 25% increase over the Rs 6,977 crore […]
Varun Beverages has reported a massive growth of 68.8% year-on-year in its consolidated profit, which was Rs 429.07 Crore for the quarter ending March 2023. This growth is attributed to strong topline growth and improvements in margins, as well as a transition to a reduced tax rate. The company reported that its revenue for the […]
