Results scheduled for 12th May
Prior to the release of quarterly earnings on May 10, attention will be focused on Tata Motors, Cipla, Vedanta, Colgate-Palmolive, DLF, Hindustan Petroleum Corporation, APL Apollo Tubes, Cholamandalam Financial Holdings, Ethos, Great Eastern Shipping Company, Greaves Cotton, Hindustan Aeronautics, Indraprastha Gas, Indian Overseas Bank, Laxmi Organic Industries, Manappuram Finance, Max Financial Services, Polycab India and Sapphire Foods
Eicher Motors
On Thursday, Eicher Motors Ltd. released its Q4 results. This quarter, they generated 4009.83 crores in revenue, which is an increase over the 3913.32 crores they generated the previous quarter. When comparing the last two quarters, the company’s growth grew by 2.47 percent. Eicher Motors’ PAT (Profit After Tax) for the most recent quarter increased from 740.84 crores to 905.58 crores in terms of earnings. Their increase from one quarter to the next skewed by 22.24 percent.
Aditya Birla Capital
On Thursday, Aditya Birla Capital Ltd. released its Q4 results. They brought in 8,051.82 crores this quarter, which is less than the 9,688.30 crores they brought in the previous quarter. Unfortunately, when comparing the two quarters, the company’s growth declined by 16.89 percent. Aditya Birla Capital’s PAT (Profit After Tax) decreased from 3,269.40 crores in the prior quarter to 608.65 crores this quarter. Their increase from one quarter to the next decreased by 99.92%.
Asian Paints
On Thursday, Asian Paints Ltd. released its Q4 results. This quarter, they brought in 8,892.82 crores in revenue, which is an increase over the 8,723.30 crores they brought in the previous quarter. When comparing the two quarters, the company’s growth grew by 1.94 percent. Asian Paints’ PAT (Profit After Tax) increased from 1,072.67 crores in the previous quarter to 1,234.14 crores this quarter. Their increase from one quarter to the next skewed by 15.05 percent.
Siemens
On Thursday, Siemens Ltd. released its Q4 results. The revenue they generated this quarter, 4974.4 crores, was more than the revenue they generated the previous quarter, 4116.8 crores. When comparing the last two quarters, the company’s growth fell by 20.83 percent. The PAT (Profit After Tax) for Siemens Ltd. for the current quarter was 471.4 crores, up from 462.7 crores in the previous quarter. Their increase from one quarter to the next skewed by 1.88 percent.
Bharti Airtel
Bharti Airtel, India’s second-largest telecom service provider, has announced that it will consider issuing dividends for the financial year 2022-23. The decision will be made after the company’s quarterly results for March 2023, which will be announced on May 16.
Religare Enterprises
On Thursday, Religare Enterprises Ltd. released its Q4 results. This quarter, they brought in 1460.23 crores more than they did the previous one, when they brought in 1168.61 crores. When comparing the last two quarters, the company’s growth fell by 24.95 percent. Religare Enterprises’ PAT (Profit After Tax) for this quarter increased from 117.00 crores in the previous quarter to 3481.82 crores in terms of earnings. Their increase from one quarter to the next skewed by 3,075.89 percent.
ONGC
Oil and Natural Gas Corp (ONGC) announced on Thursday that it has discovered two new oil and gas fields off the coast of Mumbai. The fields, named ‘Amrit’ and ‘Moonga’, are located about 100 km and 30 km from the shore, respectively, and were found in the blocks the company won through the Open Acreage Licensing Policy (OALP) over the past few years.
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