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Bajaj Finance, Tech Mahindra, IndusInd Bank, LTTS, Tata Steel in focus     Back
(08:45, 26 Apr 2024)

Bajaj Finance: The finance company's consolidated net profit increased 21% to Rs 3825 crore on 28% rise in net interest income to Rs 8013 crore in Q4 FY24 over Q4 FY23.

Tech Mahindra: The IT major's consolidated net profit jumped 29.51% to Rs 661 crore despite of 1.76% decline in revenue from operations to Rs 12,871.3 crore in Q4 FY24 over Q3 FY24.

IndusInd Bank: The private lender's standalone net profit increased 15.01% to Rs 2,346.84 crore on 20.77% rise in total income to Rs 14,699.01 crore in Q4 FY24 over Q4 FY23.

L&T Technology Services (LTTS): The IT major's consolidated net profit rose 1.4% to Rs 340.9 crore on 4.8% rise in revenue to Rs 2537.5 crore in Q4 FY24 over Q3 FY24.

Tata Steel: Tata Steel will proceed with its £1.25 billion investment to build Electric Arc Furnace in Port Talbot and commence closure of the existing heavy end assets in the following months.

Bharat Heavy Electricals (Bhel): Bhel announced that its board has approved the appointment of Koppu Sadashiv Murthy as chief financial officer (CFO) with effect from 24 April 2024.

InterGlobe Aviation: The company agreed to place an order for 30 Firm A350-900 aircraft, which will enable IndiGo expand its network. From the various Indian metros, IndiGo will be able to connect to the world.

PG Electroplast: PG Technoplast Private Limited, a wholly-owned subsidiary of PG Electroplast (PGEL), marked a significant milestone with the unveiling of its new air conditioning manufacturing facility for North India in Bhiwadi, Rajasthan.

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