[ad_1] MUMBAI: UltraTech Cement posted a 35% increase in quarterly profit to Rs 2,259 crore on the back of lower input costs and higher volume growth. Revenue climbed 9% to Rs 20,419 crore in Q4 FY24. India’s largest cement company’s imported fuel consumption cost was 13% lower than the year-ago period, while it recorded a…
[ad_1] MUMBAI: Yes Bank has reported a net profit of Rs 452 crore for the quarter-ended March 2024, which is a 123% increase over the Rs 202 crore reported in the corresponding period last year.The bank’s total deposits reached Rs 2,66,372 crore, up by 22.5% year-on-year, while net advances rose to Rs 2,27,799 crore, showing…
[ad_1] MUMBAI: ICICI Bank, the second-largest private lender, has reported a net profit of Rs 10,708 crore for the quarter ended March 2024, marking an increase of 17.4%, surpassing analyst forecasts. The bank’s board has recommended a dividend of Rs 10 per share. At the end of the quarter, the bank’s deposits stood at Rs…
[ad_1] MUMBAI: Private sector lender ICICI Bank on Saturday said its March 2024 quarter consolidated net grew 18.5 per cent to Rs 11,672 crore. It had reported a net profit of Rs 9,853 crore in the year-ago period. On a standalone basis, the second largest private sector lender showed a 17.4 per cent growth in…
[ad_1] MUMBAI: Indian Renewable Energy Development Agency Ltd. (IREDA), the nation’s largest pure-play green financing NBFC, has achieved an all-time high annual Profit After Tax (PAT) of Rs 1252.23 crores, marking an impressive growth of 44.83% over the previous fiscal year 2022-23. The company has successfully reduced its Net Non-Performing Assets (NPAs) to 0.99% in…
[ad_1] NEW DELHI: Maruti Suzuki India on Friday reported a 47.8 per cent increase in net profit to Rs 3,877.8 crore for the March quarter, on the back of higher sales volume and favourable commodity prices.The country’s largest car maker surpassed annual total sales milestone of 2 million units for the first time in 2023-24.The…
[ad_1] MUMBAI: Nestle India posted a 27% year-on-year rise in net profit to Rs 934 crore in the March quarter. Total sales increased by 9.3% y-o-y to Rs 5,254 crore, helped by robust growth across its product portfolio, the company said on Thursday. “I am pleased to share that we have delivered double-digit growth, despite…
[ad_1] MUMBAI: India’s largest FMCG company HUL on Wednesday reported a nearly 6% year-on-year decline in net profit to Rs 2,406 crore on a standalone basis in the March quarter. This marked the company’s first YoY drop in net profit since the Covid-impacted March 2020 quarter and the biggest drop since the Dec 2015 quarter,…
[ad_1] MUMBAI: HDFC Bank has reported a net profit of Rs 16,511 crore for the quarter ending March 2024. This is a 37 per cent increase from Rs 12,047 crore in the same quarter last year and a marginal increase from Rs 16,372 crore in the preceding quarter. The increase in post-tax profits was due…
[ad_1] NEW DELHI: Vedanta group firm Hindustan Zinc Ltd (HZL) on Friday said its consolidated net profit declined 21 per cent to Rs 2,038 crore for the quarter ended March 31, 2024, mainly on account of lower zinc price. The company posted a consolidated net profit of Rs 2,583 crore in the corresponding quarter of…
