Compared with the third quarter of December 2020, total revenue in the third quarter of December 2021 rose by 8.33% to Rs 4,065.16 crore and the private sector bank’s net profit rose by 18.08% to Rs 1,034.22 crore.
HCL Technologies: The IT giant reported a 5.4% rise in consolidated net profit to Rs 3,442 crore in the third quarter of FY 2022 compared to the second quarter of FY 2022, with revenue up 8.1% to Rs 2,233.1 crore. HCL Tech expects double-digit revenue growth in constant currency, while FY22 EBIT margin is expected to be between 19% and 21%.
Hero Motocorp: Hero Motocorp said its board of directors has approved one or more investments in Ather Energy of up to Rs 4.2 crore.
Maruti Suzuki India: The auto giant has announced price changes across models due to increase in various input costs. The weighted average price increase in pre-showroom prices (Delhi) for different models was 1.7%. New prices effective Saturday, January 15, 2022.
Metro Brands: Metro Brands posted a 54.6% rise in consolidated net profit to Rs 100.85 crore and net sales in Q3FY22 rose 59% to Rs 483.77 crore from Q3FY21.
PVR: PVR Cinemas has announced the opening of a four-screen cinema in Narsipatnam in the Visakhapatnam district of Andhra Pradesh.
PB Fintech: The PB Fintech parent company of online insurance and credit comparison platforms Policybazaar and Paisabazaar said it has acquired Visit Internet Services (VISPL) for Rs 22.41 crore. The acquisition was made through Docprime Technologies, a subsidiary of PB Fintech.
Indian Tinplate: The company’s net profit surged to Rs 949.4 crore in the third quarter of fiscal 2022 from Rs 328.2 crore in the third quarter of fiscal 2021. Net sales for the quarter rose 88% year-on-year to Rs 1,065.84 crore.
ICRA: ICRA announced on Friday that Vipul Agarwal Group Chief Financial Officer has resigned from the position.
Vishwaraj Sugar Industries: On a standalone basis, Vishwaraj Sugar Industries’ net profit slipped 3.34% to Rs 29.44 crore and its total operating income rose 61.06% to Rs 133.28 crore in 3QFY22 over 3QFY21 .
SeQuent Scientific: SeQuent Scientific announced on Friday that its board of directors has appointed Rajaram Narayanan as its new managing director and chief executive officer, effective April 11, 2022.
Gokaldas Export: The company plans to expand its production capacity and explore opportunities for new business lines.
NBCC (India): NBCC (India) announced on Friday that it secured Rs 5.92 crore in total business in December 2021.
Complete News Source : Business Standard
