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Tata Motors Q4 net profit surges over three-fold to Rs 17,407 crore, revenue up 13%

Owing to improved operating leverage, favourable commodity prices and strong volume growth across its various segments, Tata Motors posted a staggering 222 percent growth in its consolidated net profit at Rs 17,407.18 crore. The company’s Profit after Tax (PAT) during the same period last year stood at Rs 5,407.79 crore reported during the same period last year.

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Cipla Q4 Results: Profit soars 79% YoY to Rs 939 crore; dividend declared at Rs 13 per share

Pharma major Cipla on Friday reported a net profit of Rs 939 crore for the quarter ended March 2024. The profit surged 79% from Rs 525 crore posted in the last-year period. Revenue from operations increased 7% year-on-year to Rs 6,163 crore in the March quarter.

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Market at Close | Sensex closes up nearly 250 points, Nifty above 22,000

The 30-share BSE Sensex rose 248.45 points or 0.34% to settle at 72,652.62. The NSE Nifty rises 97.70 points or 0.44% to finish at 22,055.20. The Midcap stocks emerged as relative outperformers, with the Midcap Index registering a notable 1% uptick compared to the Nifty's 0.4% rise.

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SBI shares surge as bank reports record quarterly profit: Is it time to buy?

The shares of State Bank of India (SBI) on Friday (May 10) rose over 1% following the announcement of its robust fourth-quarter results for the financial year 2023-24. The bank reported its highest-ever quarterly net profit of ₹20,698 crore for the fourth quarter.

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