Results scheduled for 18th May
Prior to the release of quarterly earnings on May 8, attention will be focused on State Bank of India, ITC, GAIL (India), Arvind, Bata India, Clean Science and Technology, Container Corporation of India, Gland Pharma, Gulf Oil Lubricants India, Krishna Institute of Medical Sciences, PTC India Financial Services, PNB Housing Finance, RITES, Shalby, Tata Elxsi, Ujjivan Financial Services, United Spirits, and Zydus Lifesciences
Sanghi Industries
Sanghi Industries Ltd. shared its Q4 results on Wednesday. They earned 227.01 crores in revenue this quarter, but that’s higher than the 134.39 crores they made last quarter. The company’s growth increased by 68.92 percent when comparing the two quarters. In terms of profits, Sanghi Industries Ltd’s PAT (Profit After Tax) for this quarter was -104.56 crores, down from -143.95 crores in the previous quarter. Their quarter-to-quarter growth declined by 27.36 percent.
Suzlon
Renewable energy provider Suzlon has secured a 99-MW wind power project from Vibrant Energy. The project, set to be completed by FY25, features 33 wind turbine generators from Suzlon’s new 3 MW series.
Eris Lifesciences
Eris Lifesciences Ltd. shared its Q4 results on Wednesday. They earned 403.80 crores in revenue this quarter, but that’s less than the 425.49 crores they made last quarter. Unfortunately, the company’s growth decreased by 5.10 percent when comparing the two quarters. In terms of profits, Eris Lifesciences Ltd’s PAT (Profit After Tax) for this quarter was 65.41 crores, down from 101.85 crores in the previous quarter. Their quarter-to-quarter growth declined by 35.78 percent.
HDFC Bank
SBI Funds Management (SBIFML) has received approval from the Reserve Bank of India (RBI) to acquire a stake of up to 9.99% in HDFC Bank, according to an announcement made by the private sector lender on March 17, 2023. HDFC Bank revealed in an exchange filing that the RBI granted approval based on SBIFML’s application.
Jindal Stainless
Jindal Stainless Ltd. shared its Q4 results on Wednesday. They earned 9,803.01 crores in revenue this quarter, but that’s higher than the 9,101.24 crores they made last quarter. The company’s growth increased by 7.71 percent when comparing the two quarters. In terms of profits, Jindal Stainless Ltd’s PAT (Profit After Tax) for this quarter was 765.79 crores, up from 497.51 crores in the previous quarter. Their quarter-to-quarter growth inclined by 53.94 percent.
SKF India
SKF India Ltd. shared its Q4 results on Wednesday. They earned 1114.4 crores in revenue this quarter, but that’s higher than the 1090.2 crores they made last quarter. The company’s growth increased by 2.22 percent when comparing the two quarters. In terms of profits, SKF India Ltd’s PAT (Profit After Tax) for this quarter was 122.9 crores, up from 116.6 crores in the previous quarter. Their quarter-to-quarter growth inclined by 5.40 percent.
Jubilant FoodWorks
Jubilant FoodWorks Ltd. shared its Q4 results on Wednesday. They earned 1289.5 crores in revenue this quarter, but that’s less than the 1341.3 crores they made last quarter. Unfortunately, the company’s growth decreased by 3.86 percent when comparing the two quarters. In terms of profits, Jubilant FoodWorks Ltd’s PAT (Profit After Tax) for this quarter was 28.5 crores, down from 80.3 crores in the previous quarter. Their quarter-to-quarter growth declined by 64.51 percent.
Zydus Wellness
Zydus Wellness Ltd. shared its Q4 results on Wednesday. They earned 713.70 crores in revenue this quarter, but that’s higher than the 416.42 crores they made last quarter. The company’s growth increased by 71.39 percent when comparing the two quarters. In terms of profits, Zydus Wellness Ltd’s PAT (Profit After Tax) for this quarter was 145.33 crores, up from 19.56 crores in the previous quarter. Their quarter-to-quarter growth inclined by 643 percent.
Deepak Fertilizers
Deepak Fertilizers Ltd. shared its Q4 results on Wednesday. They earned 2810.73 crores in revenue this quarter, but that’s higher than the 2785.31 crores they made last quarter. The company’s growth increased by 0.91 percent when comparing the two quarters. In terms of profits, Deepak Fertilizers Ltd’s PAT (Profit After Tax) for this quarter was 254.88 crores, up from 248.44 crores in the previous quarter. Their quarter-to-quarter growth inclined by 2.59 percent.
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