IDFC First Bank today reported a net profit of Rs 724.35 crore for the quarter ended March 31 which was down from Rs 802.62 crore reported by the lender in the year ago period. IDFC First Bank reported an interest income of Rs 8,219.21 crore in the January-March quarter which was higher from Rs 6,424.35 …
Discovery Communications India (DCI) reported net profit of Rs 68 crore for 2022-23, up 1.49% from Rs 67 crore in the previous financial year. The company, which operates 18 TV channels and the Discovery+ streaming platform, reported a 9.59% revenue growth to Rs 1,055 crore, while expenses decreased 9.6% to Rs 975 crore. DCI’s advertising …
New Delhi: LIC Housing Finance, the mortgage arm of insurance behemoth LIC, plans to mobilise funds through green bonds in the coming financial year with an aim to finance environmentally-sustainable housing projects. “Green financing is something that we will look at the next year and we would deploy the fund for financing green housing projects,” …
Sony Music Entertainment India (SMEI) posted an 11.27% increase in net profit at Rs 227 crore for the fiscal ended March 2023. The company had recorded a net profit of Rs 204 crore in the previous fiscal. According to the company’s financial data sourced by Tofler, operating revenue increased 26% to Rs 745 crore, with …
Entertainment Network India Limited (ENIL), the operator of India’s top FM radio channel Radio Mirchi, has recorded a net profit of ₹21.6 crore for the quarter ending December 31, 2023, marking an impressive 108% year-over-year (YoY) growth. EBITDA stood at ₹44.3 crore, boasting a 33% margin and demonstrating a substantial 36.4% YoY improvement, primarily driven …
Over the halfway mark into the earnings season, nearly 190 companies will be announcing their December quarter earnings on Wednesday with Street keeping its eyes fixed on the results of Nestle India, Power Grid Corporation, Tata Consumer Products and Trent. Among other important results will be those by Fortis Healthcare, Gujarat Narmada Valley Fertilizers & …
It will be an action packed day for Street on Thursday with the unveiling of Union Budget 2024 and 86 BSE listed companies announcing their December quarter earnings. Among the Nifty companies Adani Enterprises, Adani Ports & Special Economic Zone and Titan Company will be the ones that will be watched out for. Among other …
Multinational paints maker Asian Paints will announce its December quarter earnings on Wednesday along with 21 other companies. Among other important results that are likely to be tracked closely today include those of LTIMindtree, ICICI Prudential Life Insurance Company and IIFL Finance. On Tuesday, HDFC Bank, Federal Bank and Bank of Maharashtra (BoM) announced their …
MUMBAI – Avenue Supermarts Ltd reported strong numbers for the quarter ended December, with the consolidated net profit rising 17% year-on-year (YoY) to Rs 690.61 crore. Consolidated revenue from operations at Rs 13,572.47 crore too, increased by more than 17% from the year-ago period. Earnings before interest, taxes, depreciation and amortization or EBITDA during the …
MUMBAI – ICICI Bank Ltd on Saturday reported a 36% year-on-year (YoY) growth in net profit for the quarter ended September to Rs 10,261 crore. Net interest income increased 24% on year to Rs 18,308 crore. Total income for the quarter increased 31% on year to Rs 40,697 crore. Provisions in the quarter dropped sharply …