IRCTC Q4

 

IRCTC Q4 Results: Net profit rises 30% YoY to Rs 279 crore; final dividend declared

The company's revenue from operations increased 39.6 percent to Rs 965 crore for the quarter under review as against Rs 691 crore in the same quarter last fiscal.

  MONEYCONTROL NEWS

  

MAY 29, 2023 / 10:30 PM IST 

  
  
  
  
  

IRCTC's board has also recommended a final dividend of Rs 2 per equity share of face value of Rs 2 each for the financial year 2022-23

More IRCTC on May 29 reported 30.4 percent year-on-year (YoY) rise in standalone net profit at Rs 279 crore for the quarter ended March 31, 2023. The tourism and ticketing arm of the Indian Railways had posted a net profit of Rs 214 crore in the year-ago 

The company's revenue from operations increased 39.6 percent to Rs 965 crore for the quarter under review, as against Rs 691 crore in the same quarter last fiscal.

The company's earnings before interest, taxes, depreciation, and amortization or EBITDA was up 16.5 percent at Rs 324.6 crore in march quarter this fiscal as against Rs 278.5 crore in last fiscal, while the margin stood at 33.6 percent versus 40.3 percent (YoY).

Moreover, the revenue from catering segment rose 49 percent year-on-year to Rs 396 crore versus Rs 266 crore in the March quarter, last year

Sources money control

Rail visas Nigam ltd result

 

Sources etnow

Torrent result

  

Source from etnow

Nykaa Q4 result

 

Nykaa Q4 profit plunges 72% YoY to Rs 2.4 cr; revenue jumps 34%

FSN E-Commerce Ventures, which operates the beauty and fashion platform Nykaa, on Wednesday reported a 71.83% year-on-year (YoY) drop in its March quarter net profit at Rs 2.4 crore. Nykaa's consolidated revenue rose 33.75% to Rs 1,301 crore in Q4

ET Now 

Sunpharma Q4 results

Sun Pharma Q4 Results: India's largest drugmaker reports net profit of Rs 1,985 crore

Sun Pharma, India's largest drugmaker, on Friday, reported a consolidated net profit of Rs 1,984.47 crore for the quarter ended March 31, 2023, against a loss of Rs 2,277.25 crore in the same period last year. The profit was, however, lower sequentially as it stood at Rs 2,166.01 crore in Q3FY23. The revenue for the reporting quarter came in at Rs 10,726 crore, up 12% year-on-year (YoY) as against Rs 9,560 crore in Q4FY22. 

Sources ET Now 

M&M result

 

Mahindra & Mahindra posted a net profit of Rs 1,549 crore for the quarter ended March, up from Rs 1,268 crore in the base quarter. The net profit was up 22.1 percent and up 67 percent YoY including exceptional items. Analysts' expectations on the YoY increase had varied between 39-69 percent.

Revenue for the quarter came at Rs 22,571,4 crore, up 31 percent from Rs 17,237 crore in the same quarter of the previous fiscal. Revenue growth was above analyst estimates of 28-29 percent growth.

The stock was trading closer to Rs 1,283 at 3.10 pm today, up 0.40 percent from its previous close.

Brokerages were expecting revenue to be between Rs 21,890 crore and Rs 22,042 crore, and net profit to be between Rs 1,620 crore and Rs 1,948 crore.

Record-breaking numbers

For FY23, the company posted an posted an all-time high record annual net profit of Rs 10,282 cr, up 56%. "This was driven by successful mega launches in Automotive, steady growth at Farm Equipment, strong operating performance at Financial Services and value unlock through monetisation/partnerships," said company statement.

The automotive and farm-equipment segments recorded the highest ever volumes. The former saw sales of 6,98,000 units in FY23, up 50 percent; while the latter saw volumes hit 4,04,000, up 15 percent.

Revenue grew 34% over FY22, on "strong volume momentum across all key businesses"; and the automotive vertical "led the way with 62% growth, driven by strong execution of launches and an improvement in supply chain related issues".

"Operational profits improved significantly, as a result of volume growth, timely pricing actions, easing commodity inflation and stringent control over fixed costs," read the statement.

Dr. Anish Shah, Managing Director & CEO, M&M said, “It has been a blockbuster year for the group. Auto led the way with record-breaking launches, as we regained the #1 position for SUV revenue market share. LCVs, Farm equipment, and electric 3 wheelers continue to strengthen our leadership position. Amongst the group companies, MMFSL turnaround is clearly visible with record disbursement and improved asset quality."

New platform for tractors

The company is set to roll out a new platform for lightweight Swaraj Tractors, said Rajesh Jejurikar, Executive Director (Auto & Farm Sectors) of Mahindra & Mahindra Ltd.

To be launched in five states, the range will have updated styling that will "appeal to young and new customers while retaining the loyalists", said M&M's Jejurikar. The platform for the company's lightweight tractors will be launched on June 2 and will sport engines with 25 and 29 horsepower in the portfolio.

Sources moneycontrol

Puravankara Q4

 

Puravankara Q4 net profit at 26.75 cr; income rises to Rs 446 cr

Realty firm Puravankara Ltd on Friday reported a consolidated net profit of Rs 26.75 crore for the fourth quarter ended March on better sales.The company had posted a net loss of Rs 20.06 crore in the year-ago period.Its total income rose to Rs 446.39 crore in the fourth quarter of the last fiscal from Rs 320.12 crore in the year-ago period, the company said in a regulatory filing.