Trending Stocks: Britannia, Saregama, NTPC, IndusInd and others in news today

Britannia Industries 

The company reported a lower profit at Rs 369.18 crore in Q3FY22 against Rs 452.64 crore in Q3FY21, revenue increased to Rs 3,574.98 crore from Rs 3,165.61 crore YoY.

Saregama India

The company is planning to invest up to Rs 750 crore in its music business to achieve a 25-30% revenue growth in the next few years through organic and inorganic routes,

SJVN 

The company has bagged an order to supply 200 MW of solar power in Bihar for 25 years.

Hinduja Global Solutions Ltd (HGS) 

The company has announced that its subsidiary, HGS International Mauritius, has entered into a definitive agreement to acquire a 100% equity stake in Diversify Offshore Staffing Solutions Pty Ltd (Diversify), Australia. 

IndusInd Bank

The bank reported a sharply higher profit at Rs 1,161.27 crore in Q3FY22 against Rs 852.76 crore in Q3FY21, net interest income increased to Rs 3,793.57 crore from Rs 3,406.1 crore YoY.

AU Small Finance Bank

The bank has reported a fall of 36.94% in its net profit at Rs 302.05 crore for the quarter under review as compared to Rs 479.02 crore for the same quarter in the previous year.

NTPC 

The company recorded a higher profit at Rs 4,626.11 crore in Q3FY22 against Rs 3,876.36 crore in Q3FY21, revenue jumped to Rs 33,292.61 crore from Rs 27,526.03 crore YoY.

Vedanta

The company has reported a rise of 13.16% in its net profit at Rs 6473 crore and on the consolidated basis, the company has reported a rise of 26.75% in its net profit at Rs 5354 crore for the quarter under review.

Marico 

The company clocked higher profit at Rs 317 crore in Q3FY22 against Rs 312 crore in Q3FY21, revenue increased to Rs 2,407 crore from Rs 2,122 crore YoY.

Motilal Oswal Financial Services

The company has reported a fall of 33.91% in its net profit at Rs 126.07 crore and on the consolidated basis, the company has reported a fall of 28.81% in its net profit at Rs 239.14 crore for the quarter under review.

L&T 

The company recorded a lower profit at Rs 2,054.74 crore in Q3FY22 against Rs 2,466.7 crore in Q3FY21, revenue jumped to Rs 39,562.92 crore from Rs 35,596.42 crore YoY.

Results on January 31

More than 100 companies will release their quarterly earnings on January 31 including Tata Motors, BPCL, HPCL, Indian Oil Corporation, UPL, Sun Pharmaceutical Industries, DLF, Aarti Drugs, ADF Foods, Ajanta Pharma, LT Foods, Dwarikesh Sugar Industries, Edelweiss Financial Services, Exide Industries, GIC Housing Finance, Housing Development & Infrastructure, Hester Biosciences, Infibeam Avenues, Jindal Saw, KEC International, KPIT Technologies, Krsnaa Diagnostics, Navin Fluorine International, Satin Creditcare Network, Shipping Corporation of India, Suven Life Sciences, UCO Bank, Venus Remedies, and Voltamp Transformers.