Maruti Suzuki (Standalone YoY) Revenue up 19% at Rs 38,235 crore vs Rs 32,048 crore. Ebitda up 40% at Rs 4,685 crore vs Rs 3,350 crore. Margin at 12.3% vs 10.5% . Net profit up 48% at Rs 3,878 crore vs Rs 2,624 crore. Board recommended final dividend of Rs 125 per share.
HCL Tech (Consolidated, QoQ) Revenue up 0.18% at Rs 28,499 crore vs Rs 28,446 crore. EBIT down 10.98% at Rs 5,024 crore vs Rs 5644 crore. Margin down 221 bps at 17.62% vs 19.84% . Net profit down 8.18% at Rs 3,995 crore vs Rs 4,351 crore. Board approves a dividend of Rs 18 per share.
ICICI Bank Q4 FY24 (Standalone) Net profit up 17% to Rs 10,707 crore (YoY). Net interest income up 8% to Rs 19,093 crore (YoY). Gross NPA was 2.16% vs 2.30% (QoQ). Net NPA at 0.42% vs 0.44% (QoQ).
Apollo Hospitals Enterprise’s arm, Apollo HealthCo, will raise Rs 2,475 crore from Advent International and integrate Keimed over the next 24–30 months.
Adani Enterprises’s Mauritius-based arm completed the acquisition of a 49% stake in Abu Dhabi-based Adani Esyasoft Smart Solutions for $24,500.
Patanjali Foods received a proposal to acquire a non-food business from Patanjali Ayurved.
Cipla: arm, Cipla Health, completed the purchase of cosmetics and personal care businesses from Ivia Beaute.
Hinduja Global Solutions arm acquired a 51% stake in Seven Star Balaji Broadband. Seven Star Balaji Broadband is now the step-down arm of the company.
CESC has successfully acquired a 100% stake in Bhadla 3 SKP Green Ventures from SKP Green Ventures for a total sale consideration of Rs 3.84 crore. The target company is involved in developing a 300 MW renewable solar park in Rajasthan.
Lloyds Enterprises has invested a 26% stake in Adithya Power.
