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.
Jaipur (Rajasthan) [India], May 2 (ANI/PNN): Gravita India, a leading recycling company in India, today announced its audited financial results for the quarter/year ended 31st March 2023.
"Operating profit has shown a growth of 16.27 per cent on a year-on-year basis to Rs 2,108 crore for the fourth quarter of FY23 (Q4FY23) as against Rs 1,813 crore for the fourth quarter in FY22 (Q4FY22)," the bank said in a statement shared with exchanges.
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.
ACC Limited, a cement maker and part of the diversified Adani Group, announced the financial results for the quarter and full year that ended in March 2023.
At the time of writing this report, the shares of the company were at Rs 8,520.05. The brokerage sees it at Rs 11,501, with a potential return on investments of about 35 per cent.
Revenue from operations was at Rs 2,170 crore, which surged 24.50 per cent from Rs 1,742.9 crore in the year-ago period, the company said in an exchange filing.
Pune (Maharashtra) [India], April 26 (ANI/BusinessWire India): KPIT Technologies (NSE: KPITTECH BSE: 542651), a global partner to the automotive and mobility ecosystem for making software-defined vehicles a reality, announced financial results for Q4 FY23 today.
Financial advisory firm Prabhudas Lilladher Pvt Ltd has given a 'Buy' recommendation to potential investors for Reliance Industries' shares. The recommendation comes right after the Indian conglomerate posted healthy January-March quarter earnings.