, , Polycab: ICICI Lombard GIC, Schaeffler India, , , L&T Technology Services, , , , HFCL, Lloyd Metals & Energy and are among the companies that will announce their results for September 2022 quarter today.
ACC: The cement maker reported a consolidated net loss of Rs 87.32 crore for September quarter on account of a steep rise in fuel cost. The company had posted a profit of Rs 450.21 crore for the same quarter a year ago.
Zee Entertainment Enterprise: Invesco Developing Markets Fund will sell a 5.51 per cent stake in the media major in a block trade on Tuesday that will fetch the investor as much as $169.5 million, according to deal terms. The stake will be offloaded at a price range of Rs 250-Rs 263.7 per share.
: The Film exhibition firm reported a narrowing of consolidated loss after tax at Rs 71.49 crore in the second quarter ended September with people returning to cinemas as the pandemic eases. The company had posted a consolidated loss after tax of Rs 153.27 crore in the year-ago period.
HeidelbergCement India: The cement maker reported a decline of 88.23 per cent in its net profit to Rs 7.01 crore in the second quarter ended September 30, 2022, citing lower sales volume. The company had reported a net profit of Rs 59.56 crore in the year-ago period.
Tata Coffee: The Tata Coffee beverage firm recorded a 172 per cent growth in consolidated profit at Rs 147 crore for the quarter ended September 2022 on a year on year basis, driven by improved performance of plantation and instant coffee businesses and one-time exceptional income on disposal of a non-core property.
: The state-owned lender posted a two-fold jump in its net profit to Rs 535 crore in the September 2022 quarter aided by a decline in bad loans and a rise in net interest income. The lender had reported a standalone profit of Rs 264 crore in the year-ago period.
: The metal company’s consolidated profit for the quarter ended September FY23 grew by 86 per cent to Rs 176.6 crore. It has appointed Sarat Kumar Mohanty as CFO and recommended the issue of bonus shares in the ratio of one bonus equity share against one existing share, subject to the approval of shareholders.
V-Mart Retail: The fashion retailer said it will acquire online marketplace LimeRoad, in a move which will help it expand its presence in the omni-channel space. The company has signed a business transfer agreement with AM Marketplaces and certain other parties for the acquisition of its LimeRoad business as a going concern. on a slump sale basis.
: The healthcare service provider’s Subsidiary Aster Pharmacies Group entered into a joint venture agreement with Abdulmohsen Al Hokair Holding Group to establish, manage and operate a pharmacy chain across the Kingdom of Saudi Arabia to market and commercialise pharmaceutical products under the ‘Aster Pharmacy’ brand.
: The non-banking finance company has returned to black in the Q2FY23 with a net profit of Rs Rs 49.5 crore, compared to a loss of Rs 222.68 crore in the same quarter previous year. Revenue fell 24.5 per cent year-on-year to Rs 281 crore.
SJVN: The state-owned power utility player said its arm SJVN Green Energy and Assam’s power distribution company APDCL have inked a pact to form a joint venture to set up 1,000 MW floating solar projects worth Rs 6,000 crore in Assam.
: The housing finance company has acquired a piece of additional land admeasuring 2.26 acres on perpetual basis from Mahindra Lifespaces within the township of Mahindra World City at Chennai (Tamilnadu). Total acquisition of land alongwith the above said land now stands at 17.90 acres.
: The NBFC’s board of directors has approved the sub-division of one share (face value Rs 10) into two fully paid-up shares (face value Rs 5), and the issue of one bonus equity share for every fully paid-up equity share.
: The windmills company reported consolidated profit at Rs 3.91 crore for the quarter ended September FY23, up 587 per cent on strong topline. In the half year ended September FY23, consolidated profit increased by 249 per cent to Rs 5.61 crore.