Q4 results 2023: Amid earnings season, stock market investors are eagerly wait for the announcement of quarterly numbers of the companies belonging to their stock portfolio. Not just portfolio stocks, they wait for the quarterly earnings of the companies under their radar. So, company results not just help positional investors to find out value picks, it help intraday traders to cash-in immediate reaction by investors before and after the announcement of quarterly numbers.
A good number of companies are going to declare their Q4 results today. Astral, Asahi India, Banswara Syntex, CenturyPlyboard, Coromandel International, Eldeco Housing, Goodluck India, Kalyan Jewellers, Karur Vysya Bank, Patel Engineering, PVR Inox, Rajshree Sugars, Subex and Suryoday Small Finance Bank are some of the prominent companies that is going to announce its company results today.
Here we list out Q3 results of some of these companies:
In Q3FY23, Kalyana Jewellers reported 10.34 per cent year-on-year (YoY) jump in cosolidated PAT (profit after tax) to ₹148.43 crore. In Q3FY22, Kalyan Jewellers had posted ₹134.52 crore net profit. The jewellery brand reported consolidated revenue at ₹3,884 crore, around 13 per cent higher from ₹3,434 crore consolidated revenue reported in Q3FY22. Its EBIDTA stood at ₹327 crore, which is 9.36 per cent higher from its EBIDTA of ₹299 crore in Q3FY22.
In October to December 2022 quarter, Suryoday Small Finance Bank (SFB), reported net profit of ₹18 crore that stood at ₹4.7 crore in the same quarter in previous fiscal. So, the SFB logged to the tune of 283 per cent YoY rise in net profit. The small finance bank reported 23 per cent rise in net interest incime (NII) at ₹536.50 crore. The SFB's gross advances surged 11 per cent YoY to ₹5,408 crore. Suryoday Small Finance Bank reported improvement in asset quality in October to December 2022 quarter whereas its net NPA fell down to 2.74 per cent that stood at 5.57 per cent in same quarter in the previous financial year.
In third quarter results for the financial year 2022-23, Karur Vysya Bank reported net profit growth of 56.2 per cent at ₹289 crore from ₹185 crore during corresponding period in the previous fiscal. Net interest income for Q3FY23 improved by 29.4 per cent ( ₹203 crore) to ₹889 crore in Q3FY23 against ₹686 crore for Q3FY22. Bank's net interest margin stood at 4.32 per cent, up 64 bps from 3.68 per cent a year ago.
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