New Delhi: Garden Reach Shipbuilders and Engineers Ltd (GRSE) on Monday reported an 11 percent rise in net profit to Rs 98 crore for the quarter ended December 2024. Revenue from operations for the quarter also grew 38 percent year-on-year to Rs 1,271 crore, the company said in a statement. Earnings before interest, tax, depreciation…
Divi’s Labs on February 3 reported a consolidated net profit of Rs 589 crore in the December quarter of the current fiscal. This represents a jump of nearly 65 percent from the net profit of Rs 358 crore recorded in the same period last fiscal. Divi’s Labs released its results for the December quarter of…
LIC Housing Finance released its Q3 FY25 results on January 31 (Tuesday), reporting strong performance despite a marginal drop in net interest income (NII). The company’s net profit stood at ₹1,432 crore, up 23.1% from ₹1,163 crore in the same period last year. This is higher than the CNBC-TV18 poll estimate of ₹1,294 crore. However,…
KPIT Technologies has reported a 20 percent rise in consolidated net profit to Rs 187 crore in the December quarter. It reported a net profit of Rs 155 crore in the year-ago period, according to a regulatory filing on January 29, 2025. Revenue for the quarter under review stood at Rs 1,478 crore, up 17.6…
JBM Auto has been one of the biggest names in the slow and steady transition of India’s automobile industry from fossil fuel-powered generation to sustainable electric mobility. JBM Auto Q3 ResultsThe company’s shares surged on Thursday, January 30. The shares jumped over 6 per cent during the day’s intraday trade. This sharp rise in share…
Yes Bank shares rose 3.39 percent to hit an all-time high of Rs 18.25 on the BSE. The stock has declined 23 percent in the last one year. Despite Yes Bank Ltd shares surging in Monday’s trade after a rise in third quarter earnings, ICICI Securities has retained its ‘sell’ rating on the stock, and…
Recently listed shares of DAM Capital Advisors Limited jumped over 12 percent on January 27 to hit an intraday high of Rs 314.75 per share. This comes after the company reported a 144 per cent rise in net profit to Rs 51.5 crore for the quarter ended December 31, 2024. The stock has dodged the…
DLF, the country’s largest listed real estate developer, reported a 61% rise in net profit in Q3 FY25 to Rs 1,059 crore as against Rs 657 crore in the same quarter of the previous fiscal. Analysts had projected a profit of Rs 868 crore. However, the company’s revenue fell short of expectations and remained flat…
Kalyan Jewellers shares fell 7.63 per cent in early trade on January 21. This happened amid false speculations on social media that fund managers of Motilal Oswal AMC were involved in alleged malpractices against Kalyan Jewellers shares and were bribed to invest. Notably, the AMC and the jewellery company have issued clarifications and denied the…
Indian Overseas Bank (IOB) on Monday reported a 21% rise in its net profit for the third quarter to ₹874 crore on the back of strong growth in interest income. Total income rose 13% to ₹8,409 crore, while interest income grew 15% to ₹7,112 crore. Total business grew 10% to ₹5.43 lakh crore during the…
