Q3 results 2024: Amid Ayodhya Ram Mandir Pran Pratishtha celebrations across the nation, 22 listed companies will declare their quarterly results for the quarter from October to December 2023. These 22 listed companies include Colgate Palmolive (India), Oberoi Realty, Coforge Limited, Mangalore Refinery and Petrochemicals, Karur Vysya Bank, Zensar Technologies, Chennai Petroleum Corporation, Spandana Sphoorty Financial, VST Industries, IIFL Securities, etc.
After a strong sell-off at the beginning of the previous week, the Indian stock market witnessed a strong rebound that turned Dalal Street sentiments from cautious to positive. However, stock market investors are vigilant about the companies’ upcoming quarterly results. They are busy comparing the performances of these results with their previous quarterly scorecard as well.
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Here we list details of Q3 2024 results of these 22 companies.
Informing Indian stock exchanges about the date of the board meeting and its agenda, Oberoi Realty said, “As per Regulations 29 and 50 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that a meeting of the Board of Directors of the Company will be held on Monday, January 22, 2024, among other things, A) to consider and approve the unaudited financial results of the Company for the quarter ended December 31, 2023. B) to consider and declare the second interim dividend for FY23- 24 on the Company’s equity shares, and to decide the record date to determine the eligibility of the members to receive the said interim dividend (if so declared by the Board).”
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In Q2FY24, Oberoi Realty reported a 43 percent increase in consolidated net profit at ₹456.76 crore on higher income. Its net profit stood at ₹318.62 crore in Q2FY23. Total revenue rose to ₹1,243.80 crore during July-September 2023-24 from ₹711.79 crore in the corresponding period of the previous year, the company said in a regulatory filing on Friday. A Mumbai-based real estate company, which primarily focuses on the luxury residential segment, recorded a net profit of ₹778.42 crore during April-September this fiscal in contrast ₹721.70 crore in the previous year period.
The zero-debt company informed Indian exchanges that its board of directors will consider and approve unaudited quarterly results for the quarter from October to December 2023. The company board may also declare an interim dividend for its eligible shareholders.
Read also: ICICI Bank results Q3: How are stocks likely to open next week after results?
Coforge informed Indian exchanges about the date of the board meeting for the announcement of Q3FY24 results saying, “As per the SEBI (Prohibition of Insider Trading) Regulations, 2015, as amended, it is hereby informed that Trading Window for trading of the Company’s securities will remain closed to all Selected Persons and their immediate relatives with effect from January 01, 2024 for the purpose of considering Financial Results for the quarter ended December 31, 2023 and other matters, if exists.”
In Q2FY24, the technology solutions provider company posted strong financial and operating results, based on steady growth, expanding margins and continued business momentum. The top line increased by 16.2% and the profit decreased by 10% YoY. Regarding quarterly performance, Coforge witnessed a 2.5% increase in revenue to ₹2,276.2 crore, higher from ₹2,221 crore in the June quarter, and a 9.5% increase in profit to ₹181 crore as compared to ₹165.3 crore in the previous quarter ended June 30.so
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Published: 22 Jan 2024, 08:23 IST