According to a statement filed with stock exchanges, the company's total income went down to Rs.335.72 crore during the reviewed period ended March 31, 2023, as compared to Rs.450.1454 crores during the period ended March 31, 2022.
Indian stock market is likely to witness volatility next week (May 22-26) and shall be influenced by factors including the last leg of Q4 FY23 earnings, cues from global markets, and patterns in foreign fund inflows.
According to the statement from the company, the total income of the firm went down 1 per cent to Rs 60.19 crore, against Rs 60.81 crore in the year-ago period.
Revenue of the firm during the quarter under review went up 2.6 per cent to Rs 559.8 crore, against Rs 545.5 crore in the corresponding period of the preceding fiscal.
IndiGo continued on the path of profitability as it reported its best-ever fourth-quarter net profit of Rs 9,192 million for the quarter ended March 2023, a 155 per cent jump year-on-year.
Airtel Payments Bank delivered a strong performance across various metrics in the financial year 2022-23. During the financial year, it reported revenue growth of 37 per cent to Rs 1,291 crore with profits growing by 141 per cent to Rs 21.7 crore.
GAIL (India) Ltd reported revenue from operations of Rs 144,302 crores in 2022-23 as against Rs 91,646 crore the previous fiscal, a 57 per cent year-on-year growth and its highest ever.
The company registered a 22.7 per cent rise in its consolidated net profits at Rs 5,225 crore in March 2023 quarter. In the same quarter last year, it was Rs 4,260 crore.
The 'Aladdin' fame actor Mena Massoud found himself in trouble after commenting on the potential earnings of Halley Balley starrer 'The Little Mermaid'. The backlash resulted in Mena deactivating his social media handle.
The shares of the firm were trading 2.99 per cent up at Rs 531.40 apiece at 10.38 am on Monday. In a span of five days, the firm's shares went up 4.96 per cent, while it had zoomed 12.82 per cent in a period of one month.