Page 42 - Institutional Equities News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Nestle India is expected to report a 14.5 percent on-year increase in its fiscal fourth quarter net profit to Rs 721 crore,

SBI's gross non-performing asset (NPA) stood at 2.42%, down from 3.14% recorded in the corresponding quarter last year. Its net NPA for this quarter stood at 0.64 percent compared to 0.77 percent last year.

On Thursday, Titan reported a 9% year-on-year (YoY) growth in its standalone net profit at Rs 1,040 crore in the third quarter. It was Rs 951 crore a year ago. The profit figure was lower than the ET NOW poll estimate of Rs 1,159 crore. Revenue from operations jumped 20% YoY to Rs 13,052 crore in the reporting quarter, compared with Rs 10,875 crore in the last year quarter.

Delhivery Q3 results today: Delhivery Ltd is slated to release its earnings for the quarter ended December today. The logistics services providers losses are expected to narrow both on a year-on-year (YoY) and sequential basis. Healthy revenue growth and improved operational performance likely helped trim losses. For the September and December quarters of 2022, the company reported net losses of Rs 103 crore and Rs 196 crore, respectively.

Tata Motors is expected to report a year-on-year growth in revenue and profit in its Q3FY24 scorecard, while sequential numbers may be subdued. JLR business may deliver better operating margins on higher sales and a favourable mix of products.