[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] 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] NEW DELHI: SBI Life Insurance on Friday reported 4 per cent rise in net profit at Rs 811 crore for the fourth quarter ended March 2024 as value of new business grew modestly.The life insurer had posted a net profit of Rs 777 crore in the year-ago quarter.Total income during January-March FY24 rose to…
[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…
[ad_1] KUALA LUMPUR: Malaysia’s economy in the fourth quarter of 2023 grew 3% from a year earlier, below expectations, government and central bank data showed on Friday.Economists surveyed by Reuters had forecast gross domestic product growth would come in at 3.4% in the October to December period, slightly more than the 3.3% expansion in the…
