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The infrastructure major recorded 15 percent on-year growth in consolidated net profit at Rs 2,947 crore for the quarter ended December FY24. Budget is positive for the country's largest EPC company with focus on capex and infra.
Registered 10.6 percent year-on-year growth in consolidated net profit at Rs 1,378.9 crore for the October-December period of FY24, despite higher tax costs. Revenue from operations for the quarter grew by 6.6 percent to Rs 7,215 crore, driven by gains in North America, Europe.
The Policybazaar operator recorded net profit of Rs 37 crore for the quarter ended December FY24, against a net loss of Rs 87 crore in the corresponding period of the last fiscal. Nuvama,however, revised its FY25 Ebitda estimates by 1.7 per cent to build in slightly higher growth and upped its target price to Rs 790 from Rs 750 due to rollover of earnings estimates to FY26, but downgraded the PB Fintech stock to ‘REDUCE’, given its rich valuations.
The chemical company has registered a 50.4 percent on-year decline in consolidated net profit at Rs 253.4 crore for third quarter of FY24, missing estimates, impacted by lower topline as well as weak operating performance.
Reported consolidated net profit at Rs 244.4 crore for third quarter of FY24, climbing 121.4 percent over corresponding period of last financial year.
Recorded net profit at Rs 96.87 crore for quarter ended December FY24, growing 450 percent over a year-ago period on strong operating numbers and higher other income. EBITDA for the quarter jumped 54 percent and EBITDA margin expanded 160 bps to 6.2 percent compared to year-ago period.
The home appliance company posted a net loss of Rs 27.6 crore for the quarter ended December FY24, narrowing from a loss of Rs 110.5 crore in the year-ago period. Consolidated revenue from operations grew by 31 percent YoY to Rs 2,625.7 crore during the quarter, with unitary cooling products segment showing 21.4 percent growth at Rs 1,476 crore.
Ace investor Ashish Kacholia has sold 1.03 lakh equity shares, which is equivalent to half a percent stake, in the company via open market transactions at an average price of Rs 1,511.68 per share
Luggage maker reported consolidated net profit at Rs 7.15 crore for quarter ended December FY24, falling sharply by 84 percent compared to year-ago period impacted by weak operating numbers with rising input cost.
Registered a 19 percent on-year growth in net profit at Rs 113.3 crore for October-December period of FY24. Revenue from operations during the quarter at Rs 1,370.2 crore increased 8.1 percent over a year-ago period.
The company entered into power purchase agreement with Uttar Gujarat VIJ Company for procurement of solar power on long term basis. The 5.0 MW PPAs are part of total allotted capacity of 26.8 MW by UGVCL to Zodiac Energy.
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