BPCL, Shree Cement to Dhanlaxmi Bank - these companies to announce Q4 results today
7 min read 22 May 2023, 08:02 AM ISTQ4 results today: Aditya Birla Fashion and Retail Ltd, Arihant Superstructures Ltd, Bharat Petroleum Corporation Ltd (BPCL), Dhanlaxmi Bank Ltd, EIH Ltd, Finolex Industries Ltd, and many more companies are going to announce its Q4 numbers today.
PremiumQ4 results today: Investors in the stock market eagerly await the release of the quarterly results of the companies in their portfolio during earnings season. They wait for the quarterly earnings of the companies that they are keeping an eye on, not just portfolio equities. Therefore, corporate results not only assist positional investors in identifying value picks but also assist intraday traders in profiting from an investor's immediate response both before and after the release of quarterly numbers.
A good number of companies are going to declare their Q4 results today. Aditya Birla Fashion and Retail Ltd, Arihant Superstructures Ltd, Bharat Petroleum Corporation Ltd, Camlin Fine Sciences Ltd, CESC Ltd, Capri Global Capital Ltd, Dhanlaxmi Bank Ltd, EIH Ltd, Finolex Industries Ltd, GPT Infraprojects Ltd, Gujarat Alkalies and Chemicals Ltd, HEG Ltd, Hind Aluminium Industries Ltd, Indiabulls Housing Finance Ltd, Shree Cement Ltd, Jtekt India Ltd, NACL Industries Ltd, SJVN Ltd, Thangamayil Jewellery Ltd and many more will announce its company results today.
Here we list out Q3 results of some of these companies:
Bharat Petroleum Corporation Ltd (BPCL)
The government-owned oil marketing firm Bharat Petroleum Corporation Ltd (BPCL) consolidated net profit for the third quarter of fiscal year 2022–2023 was ₹1747.01 crore, down 36.67% from ₹2,758.89 crore in the same period last year.
During the third quarter, the company's standalone net profit decreased 31% year over year to 1959.58 crore.
For the nine-month period from April to December 2022, the revenue from operations was ₹4,00,053.74 crore as compared to ₹3,09,040.48 crore for the same time the previous year.
For the nine months that concluded on December 31, 2022, the company's average gross refining margin (GRM) was $20.08 per barrel as compared with $6.98 per barrel from April to December of the previous year.
Dhanlaxmi Bank Ltd
In comparison with the period ending December 31, 2021, when the bank reported total income of ₹269.16 crore, the period ending December 31, 2022 saw total income of ₹312.18 crore.
The company declared a net profit of ₹21.73 crore as opposed to ₹2.03 crore for the year ending December 31, 2021 and the period ending December 31, 2022, respectively.
In comparison to Q3 FY2022, gross non-performing assets (NPA) were at ₹539.11 crore versus ₹569.87 crore. In Q2 FY2023, it was ₹549.75 crore.
In Q3 FY2023, Net NPA was at ₹161.08 crore as opposed to Q3 FY2022, when it was at ₹277.72 crore. A similar sum of ₹202.85 crore was spent in Q2 of FY2023.
Shree Cement Ltd
For the quarter ending December 31, 2022, Shree Cement reported a 44% year over year (YoY) fall in its standalone profit after tax to ₹277 crore. In the same quarter of the prior fiscal year, the company had reported a net profit of ₹492 crore.
However, compared to the same period last year, its revenue from operation increased 15% YoY, rising to ₹4,069 crore from ₹3,552 crore.
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