While many consumer durables companies reported disappointing earnings, missing their profit estimates due to lower margins, the EMS players exceeded expectations with strong revenue and profit growth
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NSDL on Monday reported a 30 per cent rise in its consolidated net profit to Rs 85.8 crore for three months ended December 2024. The depository registered a Rs 66.09 crore profit in the year-ago period. The total income rose 16.2 per cent to Rs 391.21 crore in the October-December quarter of the current financial year (FY25) against Rs 336.67 crore in the same quarter preceding fiscal, NSDL said in a statement. For the nine months ended December 2024, National Securities Depository Ltd (NSDL) posted a 32.6 per cent year-on-year growth in net profit to Rs 259.82 crore and a 13.3 per cent year-on-year increase in total income to Rs 1,141.4 crore. NSDL is India's first securities depository to reach Rs 500 lakh crore (USD 6 trillion) in value of assets held in custody in September 2024. In October, NSDL received markets regulator Sebi's go-ahead to launch an initial public offering (IPO). The proposed IPO is a complete offer for sale (OFS) of more than 5.72 crore equity shares by ..
Earnings upgrade-to-downgrade ratio worst in 22 quarters, says Motilal Oswal
In its press release, the company stated that the full year saw its highest-ever order book of Rs 13,079 crore and revenue of Rs 12,188 crore
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RVNL posted a 13 per cent decline in consolidated net profit to Rs 311.58 crore as compared to a profit of Rs 358.57 crore a year ago
During Q3 FY25, the company won a tunnel project worth Rs 1,136 crore in the Kozhikode and Wayanad districts of Kerala on an engineering, procurement, and construction (EPC) basis
Bank's gross non-performing asset (GNPA) stood at Rs 1,176.76 crore as compared to Rs 718.73 crore in Q2
The company posted a multifold jump per cent in consolidated net profit to Rs 230 crore as compared to Rs 46 crore a year ago
Stocks to Watch, Feb 17, 2025: Investors will eye stocks of companies that will and have released their Q3 results; ABFRL, Glenmark, SAIL and other will be in focus
But operating profit margin of 28.7% the best in 21 quarters
Dr Agarwal's Health Care Ltd has logged a consolidated profit after tax of Rs 28.24 crore for the October-December 2024 quarter, the company said. The city-headquartered eye care provider had registered a profit after tax of Rs 22.59 crore during the corresponding quarter of last financial year. The company had registered a profit after tax of Rs 67.79 crore for the nine month period ending December 31, 2024 as compared to a profit after tax of Rs 53.73 crore registered in the year ago period. Commenting on the financial performance, Dr Agarwal's Health Care Ltd CEO Dr Adil Agarwal said, "We have delivered a robust growth of 29.5 per cent in revenue and 26.3 per cent in EBITDA. We have continued to witness strong growth in both patient footfalls and the number of surgeries performed." "Our commitment to providing exceptional care, along with investments in cutting-edge technology, positions us for long-term success. While we have maintained our growth trajectory, we remain committe
K K Birla group sugar companies, Magadh Sugar & Energy and Avadh Sugar & Energy, have posted a decline in net profits during the third quarter of current financial year ending December 31, 2024. Net profit of Magadh Sugar dipped to Rs 21 crore in the third quarter as against Rs 39 crore in the same period previous corresponding period. The total income of the company during the third quarter stood higher at Rs 285 crore as compared to Rs 219 crore in the similar corresponding period, a statement by the company said. Similarly, the net profit of Avadh Sugar during the third quarter of the current financial year dipped to Rs seven crore as compared to Rs 22 crore in the previous corresponding period. The total income of the company during the current third quarter stood at Rs 619 crore as against Rs 595 crore in the previous similar period of 2023-24. Co-chairperson of Avadh Sugar C S Nopany the sugar season of 2024-25 has presented a mixed outlook, with challenges such as lower
BSNL has posted a net profit of Rs 262 crore for December quarter, marking its return to profitability after almost 17 years, Union Minister Jyotiraditya Scindia said on Friday terming it a "significant turning point" for the state-owned telco that has been focused on expansion of service offerings and subscriber base. BSNL scripted an improvement on several counts, clinching 14-18 per cent growth across mobility, FTTH and leased line service offering, Scindia, Minister for Communications said adding that the subscriber base too has risen to about 9 crore in December, from 8.4 crore in June. "Today is an important day for BSNL, and for the journey of the telecom sector in India...BSNL has, in third quarter of FY2024-25, for the first time in 17 years, posted a profit on a quarterly basis. The last time that BSNL posted a quarterly profit was in the year 2007," he said on BSNL's earnings. The net profit came in at about Rs 262 crore in the third quarter of the financial year. Mobilit
The company's revenue from operations declined by 9.98 per cent YoY
The company reported a loss of Rs 351 crore in the comparable quarter last year, hurt by sluggish sales in India and charges related to a legal case settlement in the United States
GlaxoSmithKline Pharmaceuticals on Friday said its net profit increased over five-fold to Rs 229 crore for the third quarter ended December 31, 2024. The drug firm reported a net profit of Rs 45 crore for the October-December quarter of last fiscal. Revenue from operations rose to Rs 949 crore for the third quarter, as compared to Rs 805 crore in the year-ago period, GlaxoSmithKline Pharmaceuticals said in a statement. "Our strong third-quarter results reflect our unwavering commitment to deliver innovative healthcare solutions to patients across India," GlaxoSmithKline Pharmaceuticals MD Bhushan Akshikar stated. By focusing on core brands and accelerating digital transformation through innovative go-to-market strategies, the company continues to strengthen its market presence while ensuring broader access to medicines and vaccines, he added. The company saw strong performance across key product portfolios during the quarter, the drug firm said. Flagship brands within the genera
Samvardhana Motherson is India's top auto parts maker by market capitalisation and counts carmakers from Maruti Suzuki to Mercedes-Benz among its customers