Mahindra & Mahindra, the country’s leading auto company, has doubled its standalone profit after tax to Rs 1,353 crore for the quarter ended December 31, 2021. During the October-December period of the financial year, Rs. 531 crore standalone for its bankrupt South Korean subsidiary Ssangyong Motor. The provision of Rs 1,210 crore was hit.
The company’s third-quarter revenue rose 8% to Rs. 15,239 crore in the corresponding period of the previous year. 14,057 crore. The company sold 118,174 units, down 2 per cent from 121,133 units in the third quarter of last financial year.
Reliance Power 13.93 crore loss recorded:-
Reliance Power reported Rs. 13.93 crore, mainly due to low income. The company had invested Rs. 52.29 crore net profit. Total revenue fell to Rs. 1,858.93 crore as against Rs. 2,006.66 crore.
Lincoln Pharmaceuticals profit rises 31%:-
Lincoln Pharmaceuticals Ltd.’s third-quarter profit rose 30.50 percent. In the third quarter of FY 2022, total revenue was Rs. 122.52 crore during the same quarter of the previous financial year. It was 6.18 per cent higher than the total revenue of Rs 115.39 crore. In the third quarter of FY2022, EPS per share was Rs. 8.79 crore during the same period last year. Was 6.73.
SHIL Ltd reported 26% growth:-
Somani Home Innovation Limited (SHIL) Consumer Appliances and Building Products Company reported revenue of Rs 649 crore from operations of Rs 517 crore last year, an increase of 26% year on year. EBITDA is 6% annual growth. PBT rose 5 percent during the quarter.
Alembic Pharmaceuticals has raised Rs. 176 crore profit recorded:-
Alembic Pharmaceuticals has net sales of Rs. 1272 crore against a net profit of Rs. 176 crore. Net sales for a period of 9 months are Rs. 3890 crore, of which net profit was Rs. 510