In anticipation of the life insurer’s quarterly results later today, shares of Life Insurance Corporation of India (LIC) reached a new all-time high and the 1,100 mark on Thursday. Prime Minister Narendra Modi praised the fundamentals of PSU stocks, including LIC, and the stock surged 7.23% to reach an all-time high of 1,120.65 on the…
Read More “LIC shares surge, surpass Rs 1,100 mark before Q3 earnings.” »
In the first trade on February 6, Bharti Airtel shares increased by almost 4% as the company reported strong Q3 earnings despite difficulties with foreign exchange losses. The NSE was seeing trading for Bharti Airtel shares at Rs 1,135.50 at 9:22 a.m. For the quarter ending in October–December, the company’s consolidated net profit was Rs…
Read More “Bharti Airtel gains 4% as Q3 earnings and ARPU both rise.” »
Suzlon Energy Q3 results: On Wednesday, Suzlon Energy Ltd. announced a significant increase in its consolidated net profit for the third quarter of the current fiscal year 2023–24 (Q3 FY24). The supplier of renewable energy solutions reported a 159.11% YoY increase in profit for the December 2023 quarter compared to Rs 78.36 crore during the…
Read More “Suzlon Energy Q3 results surges 159%, reaching Rs 203 crore.” »
Adani Wilmar Q3 results: In the third quarter of the current fiscal year 2023–24 (Q3 FY24), Adani Wilmar reported a decrease in its consolidated net profit of 18.29% year over year (YoY). Compared to Rs 246 crore during the same period in the previous fiscal year, the company’s net profit was Rs 201 crore. From…
Maruti Suzuki Q3 results: The consolidated net profit for the quarter that ended on December 31, 2023, increased by 33% year over year (YoY) to Rs 3,206.8 crore, according to a report released by Maruti Suzuki India Ltd on Wednesday. The company’s net profit for the previous year was reported to be Rs 2,406.1 crore….
While a decrease in loan-loss provisions and robust loan growth helped India’s Yes Bank’s third-quarter net profit more than quadruple, the outcome was still below expectations. In the three months that concluded on December 31, the Mumbai-based private lender’s standalone net profit increased to Rs 231 crore ($27.8 million), it announced on Saturday. In comparison,…
Read More “YES Bank’s Q3 earnings reach Rs 231 cr with reduced provisions.” »
