Results scheduled for April 26th
On April 26th, Maruti Suzuki India, Bajaj Finance, HDFC Life Insurance Company, Indus Towers, SBI Life Insurance Company, L&T Technology Services, KPIT Technologies, Can Fin Homes, IIFL Finance, Oracle Financial Services Software, Poonawalla Fincorp, Shoppers Stop, Supreme Petrochem, Syngene International, Tanla Platforms, UTI Asset Management Company, and Voltas are expected to announce their quarterly financial results.
Bajaj Auto
According to a statement from Bajaj Auto, the company has released its consolidated quarterly results for March 31, 2023. The statement reveals that the company’s total income has increased from Rs. 9589.07 Crores as of December 31, 2022, to Rs. 9192.73 Crores as of March 31, 2023. On the other hand, the net profit has decreased from Rs. 1472.70 Crores as of December 31, 2022, to Rs. 1704.74 Crores as of March 31, 2023. Despite this decrease, the earnings per share (EPS) have improved, rising from Rs. 52.1 on December 31, 2022, to Rs. 60.3 on March 31, 2023.
Dalmia Bharat
Dalmia Bharat has released its consolidated quarterly results for March 31, 2023, revealing an increase in total income from Rs. 3391 Crores as of December 31, 2022, to Rs. 3953 Crores as of March 31, 2023, according to a company statement. However, the net profit has decreased from Rs. 204 Crores as of December 31, 2022, to Rs. 589 Crores as of March 31, 2023. Despite this decline, the company’s earnings per share (EPS) have improved, rising from Rs. 10.87 on December 31, 2022, to Rs. 31.41 on March 31, 2023.
Nestle India
According to a statement from Nestle India, the company has released its consolidated quarterly results for March 31, 2023. The statement reveals that the company’s total income has increased from Rs. 4286.34 Crores as of December 31, 2022, to Rs. 4864.22 Crores as of March 31, 2023. However, the net profit has decreased from Rs. 628.06 Crores as of December 31, 2022, to Rs. 736.64 Crores as of March 31, 2023. Despite this decline, the company’s earnings per share (EPS) have improved, rising from Rs. 65.14 on December 31, 2022, to Rs. 76.40 on March 31, 2023.
Tata Consumer
Tata Consumer Products has released its consolidated quarterly results for March 31, 2023, according to a company statement. The statement reveals that the company’s total income has increased from Rs. 3523.48 Crores as of December 31, 2022, to Rs. 3674.03 Crores as of March 31, 2023. However, the net profit has decreased from Rs. 351.76 Crores as of December 31, 2022, to Rs. 268.59 Crores as of March 31, 2023. Despite this decline, the company’s earnings per share (EPS) have improved, rising from Rs. 3.79 on December 31, 2022, to Rs. 2.89 on March 31, 2023.
Mahindra CIE
Mahindra CIE Automotive, an auto ancillary company, has reported a 73% year-on-year growth in profit for the March FY23 quarter, with the profit standing at Rs 279.1 crore. This growth was attributed to the strong operating performance and growth in topline. The company’s revenue from operations in the first quarter of CY23 reached Rs 2,440.2 crore, indicating an 18.4% increase compared to the same period a year ago. Additionally, the EBITDA for the quarter grew by 36% YoY to Rs 380.6 crore, with a margin expansion of 200 bps.
Nippon Life AMC
Nippon Life India Asset Management has reported a 13.25% year-on-year growth in consolidated profit for the quarter ending March FY23. The company’s profit stood at Rs 198.02 crore, primarily due to lower tax costs. Additionally, the revenue from operations grew by 3% YoY to Rs 348.34 crore for the quarter. The company’s board has announced a dividend of Rs 7.5 per share for FY23.
KPI Green Energy
KPI Green Energy has announced the commissioning of a 26.10MW wind-solar hybrid power project in Bhavnagar, Gujarat. The project consists of 16.10MW wind and 10MWdc solar capacity under the IPP segment of the company.
Anupam Rasayan
On April 25th, Anupam Rasayan, a specialty chemicals company based in India, saw a 4 percent intraday increase as its share price reached a 52-week high of Rs 1,123.45. This increase followed the announcement of a Rs 380 crore order from a leading American multinational corporation.
AU Small Finance Bank
AU Small Finance Bank, its Consolidated Quarterly Results for March 31, 2023, show an increase in total income from Rs. 2412.9642 Crores as of December 31, 2022, to Rs. 2607.9123 Crores as of March 31, 2023. Despite a decrease in net profit from Rs. 392.8282 Crores as of December 31, 2022, to Rs. 424.6322 Crores as of March 31, 2023, the company’s earnings per share (EPS) have improved, rising from Rs. 5.87 to Rs. 6.34 over the same period.
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