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IndiGo's Q4 Profit Skyrockets to Rs 1,895 Crore; Business Class Set to Debut on Select Routes
IndiGo also witnessed record highs in its fiscal year, which ended in March 2024, with the airline posting a record annual net profit of Rs 8,172.5 crore and total income of Rs 18,505.1 crore. In the wake of the bustling economy, the carrier said it would introduce business class on select routes this year as it celebrates its 18th anniversary.
IndiGo Reports Robust Q3 Revenue Surge Amidst Concerns over Rs 511,875 Million Debt Landscape
The airline reported an EBITDA of Rs 54,751 million with a 28.1% increase, excluding foreign exchange loss. A profit of Rs 30,491 million was recorded, compared to Rs 20,091 million in the corresponding period of the previous fiscal.
HPCL Records Rs 529 Crore Net Profit in October-December Quarter
While the Q3 net profit showcases significant growth, it is essential to note that it stands nearly 90 percent lower than the impressive figure of Rs 5,118 crore reported by the oil major for the preceding July-September quarter of the current financial year.
Pine Labs Records Rs 1,588 Crore Revenue in FY23, Reduces Losses by 12.3%
According to Entrackr, citing Pine Labs' consolidated financial filings in Singapore, the company witnessed a notable reduction in losses, decreasing by 12.3% to Rs 227 crore in FY23 compared to Rs 259 crore in FY22.
Mamaearth's Q2 FY24: Profit After Tax Doubles to Rs 30 Crore, Revenue Up by 21%
During the same period, Mamaearth's operating revenue climbed by 21% year-on-year, reaching Rs 496.1 crore compared to Rs 410.5 crore in Q2 FY23.
TCS Faces $125 Million Impact on Q3 Earnings Following US Court's Damages Award in Lawsuit
TCS disclosed its intention to reflect the remaining provision of around $125 million in its financial statements as an exceptional item for the third quarter and the nine months ending on December 31, 2023.
United India Insurance Records Profit of Rs 204.30 Crore in Q2
United India witnessed a rise in net claims paid, reaching Rs 3,845.95 crore, reflecting an active response to obligations.
Wockhardt Reports Net Loss of Rs 73 Crore in July-September Quarter
The standalone net loss stands at Rs 107 crore, according to the company's exchange filing. In the same quarter of the previous financial year, Wockhardt had reported a net loss of Rs 207 crore.
National Insurance Returns to Profitability, Records Rs 44.82 Crore H1 PAT
The company closed the first half of the current fiscal with a gross premium income of Rs 8,668.34 crore, compared to Rs 8,129.74 crore in the corresponding period of the previous year.
ONGC Declares Interim Dividend as Q2 Net Profit Surges to Rs 13,734 Crore
The board has proposed an interim dividend of Rs 5.75 per share for the current financial year, with November 21 set as the record date.
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