Results scheduled for 3rd May
Prior to the release of quarterly earnings on May 3, attention will be focused on Tata Chemicals, Titan Company, Godrej Properties, Anupam Rasayan India, ABB India, Petronet LNG, KEC International, AAVAS Financiers, Havells India, Adani Wilmar, SIS, Bajaj Consumer Care, Mold-Tek Packaging, MRF, R Systems International, and Sona BLW Precision Forgings.
Tata Steel
Consolidated Quarterly Results for March 31, 2023 are released by Tata Steel. As of March 31, 2023, Tata Steel expects its total revenue to rise from Rs. 57354.16 crores as of December 31, 2022, to Rs. 63131.08 crores. As of March 31, 2023, the company’s net profit was Rs. 1704.86 Crores as opposed to Rs. -2223.84 Crores as of December 31, 2022. However, according to the company’s statement, the earnings per share (EPS) have improved, rising from Rs. -1.82 on December 31, 2022, to Rs. 1.40 on March 31, 2023.
Suzlon
Suzlon, a provider of renewable energy solutions, will construct a 69.3 MW wind power plant for Juniper Green Energy. A business announcement states that the facility will be situated in Gujarat’s Surendra Nagar neighbourhood and that it would be ready for use by 2024.
Ambuja Cement
Consolidated Quarterly Results for March 31, 2023 are made public by Ambuja Cements. Ambuja Cements has said that as of March 31, 2023, total revenue will grow from Rs. 8023.32 Crores, which it had as of December 31, 2022, to Rs. 8250.45 Crores. As of March 31, 2023, the company’s net profit was Rs. 644.94 crores, down from Rs. 434.41 crores as of December 31, 2022. According to the company’s announcement, the profits per share (EPS) have risen, rising from Rs. 2.02 on December 31, 2022, to Rs. 3.08 on March 31, 2023.
Airtel
A binding term sheet has been signed between Dialogue Axiata Plc, a telecom operator, and Axiata Group Berhad to consolidate the activities of Bharti Airtel Lanka (Airtel’s wholly-owned subsidiary with Dialogue, a division of Axiata Group Berhad). The parties and the relevant regulatory agencies are currently having discussions on the proposed transaction.
Uco Bank
Consolidated Quarterly Results for March 31, 2023 are released by UCO Bank. A rise in total income from Rs. 5450.60 Crores as of December 31, 2022, to Rs. 5946.94 Crores as of March 31, 2023, has been reported by UCO Bank. As of March 31, 2023, the company’s net profit was Rs. 557.45 Crores as opposed to Rs. 654.05 Crores as of December 31, 2022. According to the company’s announcement, the profits per share (EPS) have increased, rising from Rs. 0.55 on December 31, 2022, to Rs. 0.47 on March 31, 2023.
Varun Beverages
Consolidated Quarterly Results for March 31, 2023 are published by Varun Beverages. Varun Beverages has announced an increase in total income from Rs. 2266.446 Crores as of December 31, 2022, to Rs. 3962.727 Crores as of March 31, 2023. As of March 31, 2023, the company’s net profit was Rs. 429.072 Crores as opposed to Rs. 74.751 Crores as of December 31, 2022. According to the company’s announcement, the profits per share (EPS) have risen, rising from Rs. 1.15 on December 31, 2022, to Rs. 6.60 on March 31, 2023.
Punjab and Sind Bank
Release of Consolidated Quarterly Results for March 31, 2023 by Punjab and Sind Bank. A rise in total income from Rs. 2245.07 Crores as of December 31, 2022, to Rs. 2651.98 Crores as of March 31, 2023, has been reported by Punjab and Sind Bank. As of March 31, 2023, the company’s net profit was Rs. 456.99 Crores as opposed to Rs. 373.24 Crores as of December 31, 2022. According to the company’s announcement, the profits per share (EPS) have risen, rising from Rs. 0.55 on December 31, 2022, to Rs. 0.67 on March 31, 2023.
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