Jupiter Wagons posted a 72 percent decline in consolidated net profit for the March quarter. Revenue fell 25 percent year over year as the company faced weaker demand.
The company reported consolidated profit after tax of Rs 29 crore for the three months ended March. Revenue came in at Rs 780 crore, down from the same period a year earlier. EBITDA also declined 46 percent during the quarter.
Tata Consumer Products posted a consolidated net profit of Rs 419 crore for the fourth quarter, marking a 21% increase from the previous year. Revenue from operations grew 18% year-over-year to Rs 5,434 crore.
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Mahindra & Mahindra posted a 42% jump in net profit for the fiscal fourth quarter, fueled by growth across automotive, farm equipment, and services sectors. Revenue also rose significantly, despite supply chain challenges. Shares surged following the better-than-expected results.
A sample of 164 companies reported revenue growth of 17.5 percent and net profit growth of 14.5 percent in the first quarter. The figures mark the fastest revenue expansion in at least nine quarters and the second straight quarter of double-digit profit gains.
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NTPC Green Energy posted a consolidated net profit of ₹197 crore for Q4 FY22. This marked a 15 percent drop from the same quarter a year earlier. Revenue rose 47 percent to ₹913 crore during the period.