Priyanka Roy, Author at - Page 14 of 18

31 May

India Q4 GDP data live updates: FY24 upsurge likely to reach 8%, Q4 print moderate on agriculture slowdown

Priyanka Roy0 CommentsBusiness, Economy, News

India Q4 GDP data live updates: India's gross domestic product (GDP) for the January-March quarter (Q4FY24) and full year (FY24) of the financial year 2023-24 (Q4FY24) will be released on Friday, May 31. The macroeconomic data will come only days before the high-stakes Lok Sabha election results 2024 on Tuesday, June 4.In the last October-December quarter (Q3FY24), the economy grew at the fastest pace in six quarters at 8.4% remaining the fastest-growing major economy in the world.In the current economic scenario, the International Monetary Fund (IMF) has raised India's GDP growth forecast by 30 basis points to 6.8% in FY2024,…

30 May

RBI balance sheet to grew up 11.07% to Rs 70.47 lakh Crore in FY2024

Priyanka Roy0 CommentsBusiness, News

The balance sheet of the Reserve Bank of India increased by 11.07 percent to Rs 70.47 lakh Crore in the financial year ending March 31, 2024, compared to Rs 63.44 lakh Crore in the financial year 2022-23.The growth on the asset side was led by growth in foreign investment, gold and loans and advances by 13.9 per cent, 18.26% and 30.05% respectively, the RBI said in its annual report for 2023-24.As of March 31, 2024, domestic assets stood at 23.31%, while foreign currency assets, gold (including gold and gold deposited in India) and loans and advances given to financial institutions…

29 May

Indian Railway Catering and Tourism Corporation Q4 results live: Profit upgrade 1.93% YoY

Priyanka Roy0 CommentsBusiness

Indian Railway Catering and Tourism Corporation Q4 Results Live: Indian Railway Catering and Tourism Corporation announced its Q4 results on May 28, 2024. Topline increased by 19.66% and profit increased by 1.93%. Revenue increased 3.26% and profit decreased 5.27% compared to the previous quarter.Operating income decreased by 2.97% quarter-on-quarter and increased by 4.56% year-on-year. EPS for Q4 is ₹3.48 which is up 7.21% year-on-year. Indian Railway Catering and Tourism Corporation has given -2.91% return in last 1 week, 55.44% return in last 6 months and 22.04% YTD return. Indian Railway Catering and Tourism Corporation currently has a market cap of…

28 May

LIC Q4 net profit extend 2% to Rs 13,763 Crore

Priyanka Roy0 CommentsBusiness

The insurer's total income during the quarter under review increased to Rs 2,50,923 Crore from Rs 2,00,185 Crore in the same period last fiscal, LIC said in a regulatory filing.Insurance giant LIC on Monday reported a marginal 2 % rise in net profit to Rs 13,763 Crore for the fourth quarter ended March 2024.The insurer had made a profit of Rs 13,428 Crore in the same quarter a year ago.The insurer's total income during the quarter under review increased to Rs 2,50,923 Crore from Rs 2,00,185 Crore in the same period last fiscal, LIC said in a regulatory filing.LIC's incomes…

27 May

Sensex crosses 76 thousand, market at record high: Investors’ wealth improved by Rs 1.5 lakh Crore; Finolex Cables, Aegis Logistics inflation to 12%

Priyanka Roy0 CommentsBusiness

This huge surge was supported by gains in banks and the financial sector. The 30-share BSE Sensex pack rose 599 points to hit a record high of 76,010, while the broader NSE Nifty index rose over 151 points to a new lifetime peak of 23,108.Domestic stocks made strong gains in Monday's trade to touch their new all-time high. This huge surge was supported by gains in banks and the financial sector. The 30-share BSE Sensex pack rose 599 points to hit a record high of 76,010, while the broader NSE Nifty index rose over 151 points to a new lifetime…

25 May

Divi’s Laboratories Q4 results: Net profit gain 67% to ₹538 crore, revenue up 18% YoY; Dividend declared

Priyanka Roy0 CommentsBusiness

Divi's Laboratories Q4 results: Divi's Laboratories on Saturday, May 25 announced January-March quarter results for the financial year 2023-24 (Q4FY24), reporting 67.6% rise in net profit to ₹538 crore. Whereas last year it was ₹321 Crore. Same period last year. The pharma major's revenue from operations grew 18% to ₹2,303 Crore in Q4FY24, compared to ₹1,951 Crore in the year-ago period. The company's board also declared a dividend of ₹2 (at 1,500 per cent) per equity share at face value of ₹30 for the financial year ending March 31, 2024.

24 May

ITC Q4 results: Net profit marginally plunge at Rs 5,020 Crore;

Priyanka Roy0 CommentsBusiness

ITC Ltd on Thursday reported: Net profit of Rs 5,020.20 Crore for the March 2024 quarter, down 1.3% on year-on-year (YoY) basis. The FMCG major had reported a net profit of Rs 5086.86 in the year-ago period. On a sequential basis, the bottom-line was marginally flat at Rs 5,572.07 in the December 2023, quarter.ITC's revenue from operations cut down 1.4% to Rs 17,571.72 Crore in the fourth quarter of financial year 2023-24. Its income in the same quarter of the previous financial year was Rs 17,506.08 Crore. Its income for the quarter ending December 31, 2023 stood at Rs 17,224…

23 May

Q4 results: Power Grid’s net profit plunge 4% to ₹4,166.33 Crore, declares final surplus of ₹2.75 per share

Priyanka Roy0 CommentsBusiness

Power Grid Corporation of India Limited (POWERGRID) on Wednesday announced its financial results for the fourth quarter (Q4) of the financial year 2024 (FY24) ending March 31, 2024.The state-owned company reported a nearly 4 per cent decline in its consolidated net profit to ₹4,166.33 Crore in the March quarter, mainly due to a marginal decline in income. Its consolidated net profit in the same quarter a year ago was ₹4,322.87 Crore.In a stock exchange filing, Power Grid said that its total income declined to ₹12,305.39 Crore in the fourth quarter, compared to ₹12,557.44 Crore in the same period a year…

22 May

Paytm Q4 results: Net loss rises to Rs 550 Crore after closure of banking unit

Priyanka Roy0 CommentsBusiness, Economy

Paytm's revenue from operations declined 2.8 percent year-on-year (YoY) to Rs 2,267.1 Crore from Rs 2,464.6 Crore in the same quarter of FY23.According to the company's regulatory filing, fintech firm One97 Communications Ltd, owner of Paytm, has widened its loss to Rs 550 Crore in Q4FY22. The company had incurred a consolidated loss of Rs 167.5 Crore in the same period a year ago.Paytm's revenue from operations declined 2.8 percent year-on-year (YoY) to Rs 2,267.1 Crore from Rs 2,464.6 Crore in the same quarter of FY23.However, the company's loss narrowed to Rs 1,422.4 Crore in FY24 compared to Rs 1,776.5…

21 May

Spices Board inspecting MDH, Everest plants; Efforts underway to upsurge compliance

Priyanka Roy0 CommentsBusiness, Economy

Data shared by the Ministry of Commerce and Industry on Monday showed that the maximum residue level (MRL) for EtO in Singapore was 50 mg/kg, while in the EU it was 0.02 to 0.01 mg/kg and in Japan it was 0.01.The Spices Board of India is carrying out inspections at several MDH and Everest processing plants in the country to ensure that spice exports meet the requirements of the respective export destination, senior government officials said on Monday, adding that they have also suggested corrective action such as the use of steam sterilization, Also added actions. The focus is on…