In Short : Gensol Engineering Ltd has reported its Q4 results, with net profit surging three-fold to 20 crore. This significant increase underscores the company’s strong performance and growth trajectory in the renewable energy sector. In Detail : The company is a part of the Gensol group of companies which offers EPC services for the […]
Hitachi Energy Q4 Results | Net profit zooms 124%, dividend of ₹4 declared – EQ
In Short : Hitachi Energy’s Q4 results show a 124% increase in net profit, and the company has declared a ₹4 dividend. This strong financial performance reflects significant growth and profitability for the company. In Detail : In the quarter ended March 31, 2024, orders totalled ₹1,406.7 crore, up 13.9% quarter-on-quarter and 11.5% year-on-year. Shares […]
NHPC Q4 results: Net profit declines 18% to Rs 611 crore, revenue falls – EQ
In Short : NHPC’s Q4 results show an 18% decline in net profit to Rs 611 crore, accompanied by a fall in revenue. This downturn reflects the company’s financial challenges during the quarter, impacting its overall performance. In Detail : The company had reported a net profit of Rs 745.27 crore in the year-ago period, […]
Vedanta Q4 results: Net slips 27% to Rs 1,369 crore on Tuticorin impact – EQ
In Short : “Vedanta’s Q4 results show a 27% decline in net profit to Rs 1,369 crore, attributed to the impact of Tuticorin operations, reflecting challenges in the company’s financial performance.” In Detail : India-listed Vedanta reported a 27.2 per cent dip in its net profit for the quarter ended March 2024 (Q4FY24) as revenues […]
Suzlon Energy Q4 Results: Firm posts net profit of Rs 320 crore against Rs 205.52 crore loss YoY – EQ Mag
Renewable energy solution provider Suzlon on Tuesday posted a consolidated net profit of Rs 319.99 crore for the March 2023 quarter, mainly due to lower expenses. The company reported a consolidated net loss of Rs 205.52 crore in the quarter ended on March 31, 2022, a BSE filing showed. Its total income from operation dipped […]
EIL Q4 Results: Firm posts profit at Rs 159 crore; revenue rises 7.5% YoY – EQ Mag
EIL has posted a rise of 25.68 percent in net profit on year-on-year basis in Q4 of FY 2022-23 at Rs 159 crore New Delhi : Engineers India Limited (EIL) has posted a rise of 25.68 percent in net profit on year-on-year basis in Q4 of FY 2022-23 at Rs 159 crore. In comparison, the […]
JSW Energy Q4 Results: Net profit plunges 68% YoY at Rs 282.03 crore on higher operational cost – EQ Mag
JSW Energy’s Q4 net profit was down 67.86% to Rs 282.03 crore. JSW Energy Ltd.’s profit for the fourth quarter of fiscal 2023 declined by more than half, on lower margin and higher operational cost. Net profit for the fourth quarter ended March 2023 was down 67.86% to Rs 282.03 crore, according to its exchange […]
Gail India Q4 Results: Profit slumps 77 per cent as petrochemicals drag, expenses jump – EQ Mag
GAIL (India) Ltd, the country’s largest gas distributor, reported a 77.5% slump in its quarterly profit on Thursday, dented by weakness in its petrochemicals segment. The company’s standalone profit after tax slumped to 6.04 billion rupees ($73.86 million) in the quarter ended March 31, from 26.83 billion rupees a year earlier. The state-owned gas company’s […]
Indian Oil Q4 Results: Net profit jumps 67 per cent to Rs 10,059 crore – EQ Mag
IOCL Q4 Results: On a quarterly basis, IOCL’s consolidated profit jumped 1117 per cent from Rs 890.23 crore. Indian Oil Corporation Ltd (IOCL) on Tuesday reported a jump of 52 per cent in its consolidated net profit to Rs 10,841.23 crore year-on-year (YoY) in Q4FY23. In the same quarter last year, IOCL’s net profit stood […]