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Voltas Q1 net up nearly 50% to Rs 122 cr; revenue up 36% to Rs 1,860 cr

Voltas Q1 net up nearly 50% to Rs 122 cr; revenue up 36% to Rs 1,860 cr
business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.

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Stocks to watch: HCL Tech, Bajaj Finance, ACC, Clean Science, Asian Paints

Here are the top stocks that are likely to be in focus today:
Earnings today: A total of 33 companies are set to report their Q1FY22 results today including Asian Paints, Bajaj Finance, Network 18 Media, and Shyam Metaliks.
While the Street is a 90 per cent jump in Asian Paint s revenues at Rs 5,550 crore, they peg EBITDA at Rs 1,105 crore, up 130 per cent, on a low base. As regards Bajaj Finance, analysts expect the NBFC s net profit to rise anywhere between 30-90 per cent YoY, in the range of Rs 1,250-1,850 crore.
HCL Technologies: The company s first-quarter numbers were propelled by cloud and digital transformation deals. Net profit for the quarter at Rs 3,214 crore was up 9.9 per cent year-on-year and 8.5 per cent sequentially. Although, it did not meet the consensus estimate of analysts tracked by Bloomberg at Rs 3,425 crore. Further, Shiv Nadar has stepped down as the managing director and board member of HCL Technologies. He will now take on the role of Chair ....

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Tata group's Voltas appoints Jitender Verma as chief financial officer

Tata group's Voltas appoints Jitender Verma as chief financial officer
business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.

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Results: Voltas Q3 profit jumps 46% at Rs 129 crore

Results: Tata Group s Voltas Q3 profit jumps 46% at Rs 129 crore
Tata Group company Voltas Ltd on Friday reported 46.26 per cent increase in consolidated net profit at Rs 128.64 crore for December quarter 2020-21.
The company had posted a net profit of Rs 87.95 crore in the same quarter last fiscal year, Voltas said in a regulatory filing.
Total income during the period under review stood at Rs 2,046.26 crore, up 32.29 per cent, as against Rs 1,546.76 crore in the year-ago quarter, the company said.
Voltas, a leading air-conditioner manufacturer, said the cooling products business made a good recovery, post easing of the lockdown restrictions and achieved a record overall volume growth of 40 per cent. ....

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Voltas Q3 profit jumps 46% at Rs 129 crore; total income rises 32%

Tata Group company Voltas Ltd on Friday reported 46.26 per cent increase in consolidated net profit at Rs 128.64 crore for December quarter 2020-21.
The company had posted a net profit of Rs 87.95 crore in the same quarter last fiscal year, Voltas said in a regulatory filing.
Total income during the period under review stood at Rs 2,046.26 crore, up 32.29 per cent, as against Rs 1,546.76 crore in the year-ago quarter, the company said.
Voltas, a leading air-conditioner manufacturer, said the cooling products business made a good recovery, post easing of the lockdown restrictions and achieved a record overall volume growth of 40 per cent. ....

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