ITC, SBI, and others: These companies will declare their Q4 results today

Several companies are expected to announce financial results for the quarter ending March 31 today. These include names like State Bank of India (SBI), Container Corporation of India (CCI), Interglobe Aviation (IndiGo) and Sharda Motor. These quarterly results help retail investors and the company’s shareholders verify its profitability and sustainability.

Today’s Q4 results: List of companies to watch

International Trade Centre

Cigarette maker ITC Ltd reported a rise in net profit of 21% to Rs.5,031 crore in the quarter ended December 2022 compared to Rs.4,156.2 crore in the same quarter of 2021. EBITDA ) by 22% to Rs. 6,223.3 crore. Its revenue from operations increased by 2.3 per cent to Rs.16,225 crore in the quarter.

State Bank of India (SBI)

SBI saw a 68 per cent jump in its net profit to Rs 14,205 crore in the quarter ended December 2022. SBI net income increased by 24 per cent to Rs 38,068 crore in the quarter from Rs 30,687 crore a year earlier. Non-performing assets totaled 3.14% and net NPAs 0.77% on December 31, 2022.

Interglobe Aviation (IndiGo)

In the third quarter last year, IndiGo announced a 61 per cent increase in revenue from operations to Rs.14,932 crore. It recorded a net profit of Rs.1,418 crore as against a loss of Rs.1,680 crore in the previous year.

Jet Airways

In the quarter ended December 31, Jet Airways reported its highest-ever quarterly profit. It increased seven times to Rs. 467.11 crore as compared to Rs. 63.11 crore in the previous year.

Gas Authority of India Limited (GAIL)

Due to supply chain bottlenecks, the public sector company reported a drop in earnings for the quarter ended Dec. 31. Its Standalone Profit After Tax (PAT) fell to Rs.2,245.7 crore in the quarter as compared to Rs.3,287.99 crore in the previous year.

Other results for the fourth quarter today

Companies reporting fourth-quarter results for 2022-23 include Tata Elxsi, Bata India, Container Corporation of India (CCI), Gland Pharma, GNFC, Gulf Oil Lubricants India, PI Industries, PNB Housing Finance, Rama Phosphates, Ramco Cement, Sah Polymers, Sharda Motor, Ujjivan Financial Services and United Spirits.