The private lender HDFC Bank’s net profit hit a high of 18.54% to Rs 12,259.49 crore on a 25.97% increase in total income to Rs 51,207.61 crore in the third quarter of FY23 over the third quarter of FY22.
On a consolidated basis, the net profit of Wipro Ltd rose 14.81% to Rs 3,052.9 crore on a 3.06% rise in revenue from operations to Rs 23,229 crore in the third quarter of FY23 over the second quarter of FY23.
The National Company Law Tribunal, Mumbai Bench (NCLT), has approved the Scheme of Merger by Absorption of Mahindra Electric Mobility Limited (MEML or ‘Transferor Company’) with M&M (‘M&M’ or ‘Transferee Company’) and their respective shareholders (‘Scheme’).
Avenue Supermarts DMart reported a 6.72% jump in consolidated net profit to Rs 589.68 crore on a 25.51% increase in revenue from operations to Rs 11,569.05 crore in the October-December quarter of FY23 over the October-December quarter of FY22.
Indraprastha Gas (IGL) has appointed Rakesh Kumar Jain, replacing Sukhmal Kumar Jain as chairman of the company with effect from 14 January 2023, after the approval of the Board of directors.
On a consolidated basis, the net profit of Just Dial rose Rs 75.32 crore in the October-December quarter of FY23, steeply higher than Rs 19.39 crore posted in the October-December quarter of FY22. Net revenue from operations stood at Rs 221.37 crore October-December quarter of FY23.
On a consolidated basis, the net profit of L&T Finance Holdings reported a 39.2% jump to Rs 453.64 crore in the October-December quarter of FY23 as against Rs 325.99 crore posted in the October-December quarter of FY22. Total income soared 80% to Rs 5,671.60 crore in the October-December quarter from Rs 3,150.50 crore recorded in the October-December quarter of FY22.
H G Infra Engineering announced receiving a letter of acceptance (LoA) from Delhi Metro Rail Corporation (DMRC) to construct a 3.512 km elevated viaduct and four elevated stations for phase-IV of Delhi MRTS.
Krishna Institute of Medical Sciences (KIMS) has agreed to divest its stake in Suryateja Healthcare, a step-down subsidiary of the company.
The Board meeting of Bharat Agri Fert & Realty to consider the sub-division of equity shares from the face value of Rs 10 per share to Re 1 per share.
Roto Pump has received an order worth Rs 14 crore from Grasim Industries to supply screw pumps and spare parts.