Coal India's (CIL) profit after tax (PAT) for financial year 2022-23 posted a massive 62 per cent growth at Rs 28,125 crores compared to Rs 17,378 crores of 2021-22, thereby sustaining strong financial fundamentals.
With its breadth of businesses, Buffett's company is often regarded as a proxy of the American economy, and its results reflected some of the major trends of the moment, including the war in Ukraine, higher interest rates and fuel prices and a drop-off in consumer spending.
Adani Power (APL), a part of the diversified Adani Group, is a major private thermal power producer in India. The company has an installed thermal power capacity of 14,410 MW spread across eight power plants in Gujarat, Maharashtra, Karnataka, Rajasthan, Chhattisgarh, Madhya Pradesh, and Jha
In Q4FY23, the company's revenue surged by 51 per cent YoY to reach Rs 2,334 crore, while the full-year revenue increased by 61 per cent YoY to Rs 7,990 crore.
Indian stock indices declined Friday morning, largely due to profit booking after the recent consistent bull run. Indian stock indices had been rising for about two weeks, backed by higher-than-estimated Q4 earnings, firm GST collection and foreign fund inflows.
Cash logistics and security firm SIS Limited reported a net profit of Rs 346.5 crore in the just concluded financial year 2022-23, an increase of over 6 per cent year-on-year.
Saurabh Bhardwaj said, "The LG's statement about the MCD's earnings increasing from Rs 7249 crores to Rs 8900 crores in 2022-23, indicating revenue growth of about Rs 1650 crores raises some questions. We hope he will answer these questions."
Indian Farmers Fertiliser Cooperative (IFFCO) posted a record Profit After Tax of Rs 3,053 crore during the just concluded financial year 2022-23 (April-March), which is a 61 per cent increase on a yearly basis.
During the January-March 2023 quarter, it reported a consolidated profit after tax (PAT) of Rs 501 crore, up 46 per cent on a yearly basis. The PAT was at Rs 1,623 crore for the entire financial year, up 52 per cent year-on-year.