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Coal India Q3 results: PAT rises to ₹9,069 crore, interim dividend of ₹5.25/-
Livemint
·
1y ago
Medial
Coal India reported a 17% increase in its consolidated net profit for the quarter ending December 2023, reaching ₹9,069 crore. Revenue from operations grew by 3% YoY to ₹36,154 crore. The company declared a second interim dividend of ₹5.25 per share for FY24, with a record date of February 20. Coal output increased by 11% YoY to 199 million tonnes, while coal supplies rose by 9% to 191.30 million tonnes for the quarter. The company also announced the appointment of Mukesh Agrawal as CFO, effective from February 13.
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Coal India Q3 Results: Profit soars 18% YoY to Rs 9,094 crore
Money Control
·
1y ago
Medial
Coal India Ltd (CIL) reported a 17.8% increase in consolidated net profit to Rs 9,093.69 crore for the quarter ended December 31, 2023. Revenue from operations increased by 2.8% to Rs 36,153.97 crore. The company's consolidated sales also rose by 4.4% to Rs 38,357.23 crore. CIL's EBITDA increased by 13% to Rs 13,576.35 crore, and raw coal production and offtake both saw significant growth compared to the previous year. The company also declared a second interim dividend of Rs 5.25 per share.
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Sula Vineyards Q3 results: Net profit rises to ₹24.98 crore on strong demand
Livemint
·
1y ago
Medial
Sula Vineyards, India's largest wine manufacturer, reported a 9% increase in Q3 profit due to higher demand for its premium brands and wine tourism business. Consolidated net profit rose to ₹42.98 crore ($5.2 million) compared to ₹39.28 crore last year. The wine segment revenue increased by 4%, while wine tourism revenue grew by 16%. The company's EBITDA margins also expanded, and an interim dividend of ₹4 per share for FY2024 was declared.
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LIC Q3 profit up 49% at ₹9,444 cr, net premium income grows 4.6%
Livemint
·
1y ago
Medial
Life Insurance Corporation of India (LIC) reported a 49% increase in profit, reaching ₹9,444 crore for the third quarter ending December 2023. The company's board also approved an interim dividend of ₹4 per share. LIC attributes its positive results to its focused approach towards diversifying its product mix and strategic interventions. The insurer aims to enhance value for stakeholders and develop new products to meet the evolving needs of customers.
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Bosch reports ₹518 cr profit in Q3, announces interim dividend
Thehindubusinessline
·
1y ago
Medial
Bosch, the engineering and technology major, reported a net profit of ₹518 crore in Q3, a 62.43% increase from the same quarter last year. The company's revenue from operations also grew by 14.89% to ₹4,205 crore. A special payout in the form of an interim dividend of ₹205 per equity share was declared. The increased demand for vehicles contributed to the strong growth, particularly in the automotive segment. Overall product sales in the automotive segment increased by 16.8% compared to the previous year.
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TCS Q4 Results: Net profit at ₹12,434 crore, revenue at ₹61,237 crore
Livemint
·
1y ago
Medial
TCS, India's largest software services exporter, has reported fourth-quarter earnings with a revenue of ₹61,237 crore and a PAT increase of 9.1% YoY to ₹12,434 crore. The company also announced a dividend of ₹28 per share. Further updates are expected.
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Vedanta approves second interim dividend for FY25
Money Control
·
1y ago
Medial
Vedanta, a mining major, has approved a second interim dividend of Rs 4/share for FY25, totaling Rs 1,564 crore. This announcement comes after the company paid a total dividend of Rs 37,572 crore during FY23. The high dividend payout has been a consistent trend for Vedanta in recent years, with Rs 16,689 crore distributed in FY22 and Rs 3,519 crore in FY21. Since July 2001, Vedanta has declared 42 dividends, amounting to Rs 50 per share, including three in FY24.
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Dividend stock: Vedanta board to consider fourth interim dividend for FY25 on October 8 | Mint
Livemint
·
10m ago
Medial
Metals-to-mining conglomerate Vedanta Ltd. has announced that its Board of Directors will meet on October 8, 2024, to consider the declaration of the fourth interim dividend for the financial year 2024-25. The record date for the announcement of the interim dividend for equity shareholders is October 16, 2024. Vedanta had previously declared two interim dividends for the same financial year, amounting to ₹11 and ₹4 per share. The company reported a net profit of ₹5,095 crore in the April to June quarter of FY25, a 54% increase from the same period last year.
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500-2,000% dividend! These 4 stocks to trade ex-date for corporate action today; key details & targets
Business Today
·
5m ago
Medial
Several companies have announced dividends and target price updates. Alkem Laboratories Ltd declared a dividend of Rs 37 per share, with a target price of Rs 4,527. Gulf Oil Lubricants announced a Rs 20 per share dividend, with a revised target price of Rs 1,630 by ICICI Securities. Cummins India declared an interim dividend of Rs 18 per share and a target price of Rs 4,401. PI Industries announced a Rs 6 per share dividend, targeting Rs 4,265.
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Vedanta board announces third interim dividend of FY25 at ₹20 per share | Mint
Livemint
·
11m ago
Medial
Vedanta Ltd's Board of Directors has approved the issuance of a third interim dividend for the financial year 2024-25. The dividend amounts to ₹20 per equity share and the total value is ₹7,821 crore. The dividend will be paid on September 10. This is the third dividend issued by Vedanta in the current financial year, with the previous dividends being ₹11 per share and ₹4 per share. Vedanta also reported a 54% rise in net profits for the April-June quarter of FY 2024-25.
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Google India PAT rises 6% to Rs 1,425 crore in FY24
Economic Times
·
9m ago
Medial
Google India reported a profit after tax (PAT) of Rs 1,424.9 crore in the fiscal year 2023-24, an increase from Rs 1,342.5 crore in the previous year. The company's total income for the year was Rs 7,097.5 crore, with Rs 5,921.1 crore from continuing operations and Rs 1,176.4 crore from discontinued operations. In 2020-2021, Google India had filed for the demerger of its IT business undertaking, which was approved by the National Company Law Tribunal in May 2023. The IT business undertakings were transferred to Google IT Services India Pvt Ltd.
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