The firm's revenue from operations went up 17 per cent to Rs 3,031 crore, against Rs 2,582 crore in the year-ago period, according to a statement shared with exchanges on Monday evening.
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.
On Friday, The S&P BSE Sensex was gained 123.38 points or 0.20 per cent to 62,027.90. The Nifty 50 index added 17.80 points or 0.1 per cent to 18,314.80.
Revenue from sales went up 10.91 per cent to Rs 8,750.85 crore, against Rs 7,889.94 crore in the year-ago period. Revenue from operations rose 11.33 to Rs 8,787.34 crore, against Rs 7,892.67 crore during the corresponding period in the previous year.
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.
The sportswear company said its inventory increased 16 per cent in the quarter ended February 28 compared with the same period a year ago. Inventories had swelled by more than 40 per cent in each of the prior two quarters, according to CNN Business.
New Delhi [India], February 27 (ANI/SRV): Taking into consideration the depleting greenery in the state, Pune-based Shirke's Ventures, a well-known Kitchen and Wardrobe manufacturing company will extend financial help to Satara-based Sahyadri Devrai Foundation, a leading environmental NGO ,
On a quarterly basis, Paytm's net losses have reduced by 11 per cent. The company said robust traction across all its businesses helped it achieve stronger revenue growth, with improvement in Ebitda before Esop cost (improvement of Rs201 crore in last two quarters).
The company on Saturday evening said its revenue went down 7.5 per cent to Rs 2.1 lakh crore in the reviewed quarter, against Rs 2.2 lakh crore in the year-ago period.
The company's net income, according to generally accepted accounting principles (GAAP), in the fiscal fourth quarter was $3.9 billion or $1.86 per share, an increase of 10 per cent and 13 per cent, respectively, over prior year's results.
The Mumbai-headquartered bank has posted 9 per cent growth in its total revenue to Rs 1,648 crore. Net interest income (NII) grew 16 per cent year-on-year to Rs 1,064 crore while net interest margin (NIM) was at 4.55 per cent.