Monday, 30 October 2023
DLF
The real estate major has recorded a 30.6 percent on-year growth in consolidated profit at Rs 622.8 crore for the quarter ended September FY24, despite muted topline, partly supported by EBITDA margin. Consolidated revenue from operations increased by 3.5 percent year-on-year to Rs 1,347.7 crore for the quarter.
TVS Motor
he two-and-three-wheeler company has recorded standalone profit at Rs 536.55 crore for the quarter ended September FY24, rising 31.7 percent over a year-ago period. Revenue from operations increased by 12.8 percent YoY to Rs 8,145 crore during the quarter, with sales volume rising 5 percent YoY to 10.74 lakh units. EBITDA increased by 22 percent year over year to Rs 900 crore, with a margin expansion of 80 basis points to 11 percent during the same period.
Procter & Gamble
he FMCG company has reported a 36 percent on-year growth in net profit at Rs 211 crore for the quarter ended September FY24 (Q1 FY24), led by acceleration of volume growth coupled with product price mix and productivity. Revenue from operations increased by 9 percent YoY to Rs 1,138 crore, driven by superior retail execution and an integrated growth strategy.
Colgate Palmolive:
he company received a transfer pricing order of Rs 170 crore from the Income Tax Authority for AY 2021–22. It will make an application before the Dispute Resolution Panel.
Bajaj Hindusthan Sugar
The company has received Rs 1,361 crore in the respective escrow account maintained exclusively for cane price payments for each of its 14 sugar units from Uttar Pradesh Power Corporation. The amount is paid to the cane growers towards the cane payment arrears for the sugar season 2022–23.
PSP Projects
The company bagged work orders worth Rs 200.25 crore in Gujarat. The total order inflow for FY24 amounts to Rs 958.63 crore.
DCM Shriram
The company will set up a sugar plant in Loni, Uttar Pradesh, to increase capacity to 9,400 TCD from 7,300 TCD.
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India Daybook – Stocks in News
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