Stocks in News Today

23-Jan-2023

• Q3 net profit fell 66% YoY to Rs 290.57 cr, on higher provisions & total cost. • Total expenditure rose 34.65% YoY to Rs 2,918.77 cr. • Provisions and contingencies jumped 91.32% YoY to Rs 1,541.49 cr. • NII fell marginally by 2.1% YoY to Rs 2,080.43 cr. • GNPA fell 26.23% YoY to Rs 6,964.76 cr.

• Reliance Jio Infocomm, the arm of Reliance Industries, reported a 28.3% YoY rise in Q3 net profit at Rs 4,638 cr. • Revenue rose 18.9% YoY at Rs 22,998 cr. • EBITDA came in at Rs 12,009 crore, up 4.52% QoQ.

• Q3 net profit rose 4.7% YoY to Rs 1000.7 cr. • Consolidated revenue grew 25.3% YoY to Rs 8620 cr. • Board recommended an interim dividend of Rs 20/share. • The record date has been fixed as January 31, 2023.

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