ITC
The company reported a sharply higher profit of Rs 4,156.20 crore in Q3FY22 against Rs 3,687.88 crore in Q3FY21, revenue climbed to Rs 15,862.32 crore, from Rs 11,969 crore YoY.
Dr Reddy’s Laboratories
The company has entered into a definitive agreement to acquire Nimbus Health GmbH (Nimbus Health). Nimbus Health is a privately owned, licensed pharmaceutical wholesaler from Germany focusing on medical cannabis in Germany.
India Pesticides
The company reported a higher consolidated profit at Rs 43.17 crore in Q3FY22 against Rs 42.08 crore in Q2FY22, revenue jumped to Rs 190.03 crore from Rs 178.47 crore QoQ.
GAIL
The company has reported over a 2-fold jump in its net profit at Rs 3287.99 crore while On the consolidated basis, the company has reported a 2-fold jump in its net profit at Rs 3,800.09 crore for the quarter under review.
Granules India
The company’s wholly-owned foreign subsidiary — Granules Pharmaceuticals, Inc. (GPI) has received Abbreviated New Drug Application (ANDA) approval from US Food & Drug Administration (USFDA) for Bupropion Hydrochloride Extended-Release Tablets USP (XL), 150 mg and 300 mg.
Asian Granito India
The company has incorporated a wholly-owned subsidiary company namely ‘Future Ceramic’. Future Ceramic is incorporated with an object to undertake the business activities pertaining to the ceramic industry. The subscribed capital is Rs 1 lakh consisting of 10,000 equity shares of Rs 10 each.
EIH
The company reported consolidated profit at Rs 40.8 crore in Q3FY22 against a loss of Rs 55.78 crore in Q3FY21, revenue jumped to Rs 365.38 crore from Rs 179.16 crore YoY.
DLF
The company has revised upwards its sales revenue potential by 17% to Rs 47,000 crore from 35 million square feet of planned new launches of housing and commercial projects in the medium term.
Emami
The company has reported a rise of 4.43% in its net profit at Rs 211.12 crore while on the consolidated basis, the company has reported a rise of 5.05% in its net profit at Rs 219.52 crore for the quarter under review.
Adani Power
The company recorded profit at Rs 218.5 crore in Q3FY22 against a loss of Rs 288.7 crore in Q3FY21, revenue fell to Rs 5,360.9 crore from Rs 6,894.8 crore YoY.
Larsen & Toubro (L&T)
The company has been featured among the world’s Top 500 most valuable brands in the Brand Finance Global 500 2022 Report recently published from London. L&T has made it to the 2nd position in the engineering and construction sector for India, 11th among all the top Indian companies and 26th globally in the engineering and construction sector.
Godrej Properties
The board approved investment in DB Realty and set up SPV for slum rehabilitation & MHADA redevelopment projects.
Tata Communications
The company has been awarded the ‘Leader’ position by Avasant, a leading management consulting firm, in its report titled ‘SD-WAN Managed Services 2021-2022 RadarView.
Dishman Carbogen Amcis
The company posted profit at Rs 35.4 crore in Q3FY22 against a loss of Rs 16.1 crore in Q3FY21, revenue rose to Rs 562.1 crore from Rs 468.6 crore YoY.
CUMI
Carborundum Universal’s step down wholly owned subsidiary — CUMI Abrasives GmbH (CAG), Germany has entered into a binding Share Purchase Agreement (SPA) to buy a 100% stake in RHODIUS Abrasives, Germany (RHODIUS) at an enterprise value of 55 million Euros (Rs 464 crore indicative) from Gebrüder Rhodius GmbH & Co. KG. The transaction is expected to be completed by the end of March 2022.
M&M Financial
The company’s disbursements in January 2022 grew 31% YoY to Rs 2,320 crore and collection efficiency was at 96%.
Titan Company
The company has reported a 2-fold jump in its net profit at Rs 987 crore while on the consolidated basis, the company has reported a rise of 90.94% in its net profit at Rs 1012 crore for the quarter under review.
Apollo Tyres | Tata Power
Apollo Tyres and Tata Power have entered into a strategic partnership for the deployment of public charging stations across India. These charging stations will be deployed at Apollo Tyres’ Commercial and Passenger Vehicle Zones spread across the country.
