May 10, 2023 New Delhi, India Overview Investor enthusiasm surged as Abbott India reported impressive Q4 results, propelling its shares to rise by 5%. The company’s robust performance in the January-March quarter, coupled with its highest-ever dividend payout, garnered significant investor attention. Key Highlights Abbott India’s board approved a dividend of Rs 410 per share…
May 9, 2023 New Delhi, India Hero MotoCorp Share Price Surges Over 6% on Strong Q4 Results Company’s Performance Defies Weak Market Sentiment Hero MotoCorp’s share price experienced a remarkable surge of over 6% as the company released its robust March quarter (Q4) results, continuing its bullish trend despite prevailing market uncertainties. The stock opened…
May 8, 2023 New Delhi, India IDFC’s Q4 Performance Highlights Sharp Decline in Net Profit IDFC, the financial services conglomerate, reported a substantial decline in its net profit for the quarter ending March 2024. The net profit plummeted by 89.73%, amounting to ₹347.85 crore, compared to ₹3,387.39 crore recorded in the same quarter of the…
May 7, 2023 New Delhi, India Paytm Stock Plunges Amid Leadership Resignation and Regulatory Hurdles Leadership Resignation Adds to Investor Uncertainty The stock of Indian fintech giant Paytm has taken a significant hit, dropping by 13% over nine consecutive trading sessions. The decline comes amidst a series of challenges facing the company, including the recent…
May 4, 2023 New Delhi, India Britannia’s Q4 Results: A Mixed Bag Britannia Industries, one of India’s leading FMCG companies, has released its financial results for the fourth quarter of fiscal year 2023-24. While the company has shown growth in revenue, there are indications of challenges in its bottom line. Revenue Growth Amidst Challenges In…
May 2, 2023 New Delhi, India Adani Power Q4 Results: A Closer Look Adani Power, a prominent player in the power sector, recently announced its fourth-quarter results for the fiscal year 2023-24, showcasing a mixed performance amidst changing market dynamics. Net Profit and Total Income: The company witnessed a significant decline in its consolidated net…
April 30, 2023 New Delhi, India IOC Q4 Results: Decline in Net Profit and Revenue Indian Oil Corporation (IOC) has reported its fourth-quarter results for FY24, showing a significant decline in net profit and revenue compared to the previous quarter. Net Profit and Revenue: IOC’s standalone net profit dropped by 40% quarter-on-quarter (QoQ) to ₹4,837.69…
April 23, 2023 New Delhi, India RIL Q4 Results Reliance Industries Limited (RIL), led by Mukesh Ambani, released its fourth-quarter financial results, revealing a slight decline in net profit but a significant rise in revenue, marking a historic milestone for the conglomerate. Financial Performance: Net profit for Q4 declined by 1.8% YoY to ₹18,951 crore,…
April 20, 2023 New Delhi, India HDFC Bank Q4 Results: Key Highlights and Analysis HDFC Bank released its quarterly results for the January-March period of the financial year 2023-24, showcasing a mix of performance metrics. Here’s a breakdown of the key highlights and analysis: Net Profit and Net Interest Income (NII): The bank reported a…
Live: Infosys Q4 Results 2023: Infosys had a quarter that was worse than the one before it. The quarter ended on March 31, 2023. (Q4FY23). The IT giant’s Q4 PAT was 6,128 crore, which was down by almost 16% from QoQ. While sales fell by 2.2% quarter-over-quarter to 37,441 crore. With the same amount of…
