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February 10, 2023

LIC: The company has reported standalone profit of Rs 8,334.2 crore for quarter ended December FY23, Net premium income for the quarter at Rs 1.11 lakh crore increased by 14.5% over a year-ago period and first year premium or new business premium increased by 11 percent YoY to Rs 9,725 crore for the quarter.

Zomato: The company has posted consolidated loss of Rs 346.6 crore for the December FY23 quarter, widening from loss of Rs 63.2 crore in year-ago period.

Consolidated revenue grew by 75.2% year on year to Rs 1,948.2 crore for the quarter, while at the operating level, EBITDA loss of Rs 366.2 crore for the quarter narrowed compared to EBITDA loss of Rs 488.8 crore in corresponding period last fiscal.

ITC: ITC Infotech India has incorporated a wholly-owned subsidiary in France under the name of ITC Infotech France SAS. Consequently, ITC France has become a step-down wholly owned subsidiary of ITC.

United Breweries: The company has posted loss of Rs 2.1 crore for December FY23 quarter, against profit of Rs 90.56 crore in same period last year, impacted by weak operating performance and exceptional loss of Rs 33.12 crore.

Voltas: Company has posted consolidated loss of Rs 110.38 crore for quarter ended December FY23, against profit of Rs 96 crore in same period last year, as there was an exceptional loss of Rs 137.39 crore related to provision arising out of cancellation of contract and encashment of bank guarantee.

HPCL: The company has turned profitable with Q3FY23 net profit at Rs 172.4 crore against loss of Rs 2,172 crore in previous quarter, with better operating performance. Standalone revenue grew by 1% to Rs 1.09 lakh crore compared to previous year.

MTAR Technologies: Company has recorded standalone profit at Rs 31.4 crore for quarter ended December FY23, growing 136.2% over a year-ago period. Revenue from operations stood at Rs 160.2 crore in Q3FY23, against Rs 78.1 crore in same period last year.