By Malvika Gurung
Investing.com -- Bharti Airtel (NS: BRTI ): The telecom major’s net profit rallied 164% YoY to Rs 2,008 crore in the March quarter, while revenue from operations surged 22% YoY to Rs 31,500 crore, led by strong performance delivery across the portfolio.
Bharat Petroleum (NS: BPCL ): The Government is mulling inviting bids for a 20-25% stake in the state-owned oil & gas major, instead of its entire 52.98% holding in the company.
Indian Oil (NS: IOC ): The oil & gas giant’s standalone net profit declined 31.4% YoY to Rs 6,021.88 crore in the March quarter, and posted the highest-ever revenue clocked by any Indian company at Rs 7.28 lakh crore in the fiscal year FY22.
TVS Motor Company (NS: TVSM ): The two-wheeler manufacturer will sell Intellicar Telematics bought in Dec 2020 to Fabric IOT for a sum of Rs 45 crore.
DLF (NS: DLF ): The real estate company’s net profit fell 16% YoY to Rs 405 crore in the March quarter and consolidated revenue decreased 5% YoY to Rs 1,652 crore.
Bajaj Electricals (NS: BJEL ): The consumer appliances maker’s consolidated net profit declined 27.8% YoY and 18.75% QoQ to Rs 39 crore in the March quarter, while its revenue from operations rose 6% YoY to Rs 1,334 crore in the period.
Dr Lal PathLabs (NS: DLPA ): The company recorded a 27% YoY decline in consolidated net profit at Rs 62 crore in Q4 FY22, while revenue climbed 13% YoY to Rs 486 crore.
Companies including ITC (NS: ITC ), Aditya Birla Fashion and Retail (NS: ADIA ), GMR Power (NS: GMRP ), Route Mobile (NS: ROUT ), Pidilite Industries (NS: PIDI ), Pidilite Industries (NS: PIDI ), and Lupin (NS: LUPN ), among others, will release their earnings for the March ending quarter on Wednesday.
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