Bank of India

The public sector lender has revised its marginal cost of fund-based lending rate (MCLR) with effect from November 1 in terms of the pricing policy approved by the Board. The overnight MCLR remained unchanged at 7.95 percent, but over a one- to three-year period, the MCLR has increased by 5 bps.

APL Apollo Tubes

he structural steel tubing company has recorded a 35 percent year-on-year growth in profit at Rs 202.9 crore for the July–September period of FY24, driven by healthy operating profit. Revenue from operations grew by 16.65 percent to Rs 4,630 crore compared to the corresponding period last fiscal.

Spandana Sphoorty Financial

The microfinance lender has recorded a massive 127 percent on-year growth in net profit at Rs 125.2 crore for the quarter ended September FY24. Revenue from operations grew sharply by 105 percent YoY to Rs 610.3 crore, with AUM rising 69 percent to Rs 9,784 crore and disbursement growing 81 percent to Rs 2,513 crore for the quarter.

Castrol India:

The automotive and industrial lubricant manufacturing company has reported a 3.9 percent on-year increase in profit at Rs 194.4 crore for the quarter ended September 2023 (Q3CY23) with a decline in EBITDA margin. Revenue from operations grew by 5.5 percent to Rs 1,183 crore compared to the year-ago period.

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.