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Indus Towers, Tata Chemicals, REC,,,, PNB Housing, and CE Infosystems are among the companies that will publish their results for the 9th quarter of 2022 today.
MotoCorp Hero: The two-wheeler maker has announced plans to enter the Philippines, where it has partnered with Terrafirma Motors Corporation to assemble and distribute its vehicles. Terrafirma Motors Corporation (TMC) will be the exclusive assembler and distributor of Hero MotoCorp motorcycles in the Philippines.
Gland Pharma: The pharmaceutical company reported a 20.14% drop in consolidated net profit at Rs 241.24 crore for the second quarter ended September 30, due to lower revenue and higher expenses. The company posted a consolidated net profit of Rs 302.08 crore for the same financial period last year.
Indian Dabur: The domestic FMCG company reported a 2.85% drop in consolidated net profit to Rs 490.86 for the second quarter ended September 30 as high inflation hit consumption. The company posted a net profit of Rs 505.31 crore for the July-September quarter a year ago.
DLF: Real estate leasing company DCCDL reported a 14% increase in office rental income to Rs 801 crore and a 54% increase in retail property sales to Rs 184 crore for the quarter ended September 30. DLF Cyber City Developers (DCCDL) is a joint venture between DLF Ltd and Singapore’s sovereign wealth fund GIC.
: The drug maker said the US health regulator had placed its manufacturing plant in Baddi on import alert. Drugs manufactured at the Baddi unit can now be detained without a physical examination.
: Consumer electronics reported a 17.69% drop in consolidated net profit to Rs 130.71 for the second quarter ended September 30, mainly due to weak consumer demand. The company posted a net profit of Rs 158.81 crore for the July-September quarter a year ago.
CSB Bank: Nomura Singapore divested 1.52% stake or 26,39,673 shares in the private sector lender at an average price of Rs 232.3 per unit for over Rs 61.31 through a market transaction. open school. Maybank Securities Pte bought shares at similar price.
: Bank sources say lender PSU will offer dormant assets for sale at Rs 960 crore, as part of efforts to improve its balance sheet. The bank expects that the sale of these dormant properties to the National Asset Reconstruction Corporation (NARCL) will be completed this month.
Mobile Routing: The other telecommunications provider said its board has approved a business guarantee in favor of Standard Chartered Bank for a term loan proposed by its subsidiary Route Mobile (UK). up to 15 million USD. The company guarantee will be treated as a contingent liability to the company.
Finance IIFL: The financial services provider reported a 36% increase in consolidated net profit at Rs 397 crore in the September quarter. The non-bank financial firm posted a net profit of Rs 292 crore in the same quarter of the year. previous finances.
: The pharmaceutical company said it has received final approval from the US health regulator to market its generic Micafungin injection, which is used to treat a variety of fungal infections. U.S. Food and Drug Administration (USFDA) approval to market Micafungin for Injection is for 50 mg/vial and 100 mg/vial concentrations.
Trident: The textile company said it has completed an 8.87 MWp solar power project at Budhni in Madhya Pradesh. With this, it has commissioned both phases — Phase 1 of 5.48 MWp and Phase II of a 3.39 MWp solar power plant — for captive use.
: Aditya Birla Group’s division reported a 59.38% increase in consolidated net profit at Rs 69.97 crore for the 9th quarter of 2022-23. During the previous year period, profit was at Rs 43.9 crore.
: The foundry and forging company reported a 27% growth in profit after tax (PAT) at Rs 64 crore for the 9th quarter of 2022-23 due to higher revenue. It made a profit of Rs 50.11 crore between July and September a year ago.
: The company recorded a consecutive decline of 99% in independent profit at Rs 27.88 crore for the quarter ended September 23 due to the impact of export taxes. Revenue fell nearly 17% quarter-on-quarter to Rs 22,894 for the quarter.
CDSL: The leading depository reported a 7% drop in consolidated net profit to 80 crore for the three months ending September 2022. The depository reported a net profit of 86 crore in the previous year.
PCBL: The black coal producer reported a 4.6% drop in consolidated profit year-on-year at Rs 116.5 crore for the quarter ended September 23 due to higher input costs. Revenue for the quarter was at Rs 1,628 crore, up 52.5% year-on-year.