In the March quarter of FY24, a number of companies transitioned from loss-making to profit-making. According to Ace Equity knowledge, Piramal Pharma, Inox Wind Energy, BHEL, Sunteck Realty, Tejas Networks, and others turned worthwhile in Q4FY24. Here is the checklist:
Shutterstock.com
​Piramal Pharma clocked a profit of Rs 89.23 crore in the fourth quarter after a median lack of Rs 43 crore in the previous three quarters. Revenue from operations, in the meantime, elevated 18% 12 months-on-12 months to Rs 2,552 crore.
SAMHI Hotels, a current debutant on the bourses, registered a internet profit of Rs 11.29 crore in the fourth quarter as in contrast to a lack of Rs 74 crore in the previous December quarter.
ETMarkets.com
(*10*)
​Sagar Cements, Andhra-based cement producer with a capability of 10.6 mt, has turned the desk, after three straight losses, by reporting a profit of Rs 11.59 crore in the fourth quarter.
iStock
5/11
​​Inox Wind Energy
​Inox Wind Energy, which is in the enterprise of wind turbine turbines (WTGs) and wind power options, recorded a profit of Rs 38.8 crore in the quarter ended March 2024. The firm had seen losses of Rs 65 crore, Rs 59 crore and Rs 4 crore in the Q1, Q2 and Q3 of FY24, respectively.
ANI
​BHEL recorded a profit of Rs 476 crore in the quarter ended March 2024. The firm had seen losses of Rs 360 crore, Rs 250 crore and Rs 171 crore in the Q1, Q2 and Q3 of FY24, respectively.
​Centrum Capital recorded a profit of Rs 39 crore in the quarter ended March 2024. The firm had seen losses of Rs 65 crore, Rs 28 crore and Rs 18 crore in the Q1, Q2 and Q3 of FY24, respectively.
Agencies
​GE Power India recorded a profit of Rs 23 crore in the quarter ended March 2024. The firm had seen losses of Rs 136 crore, Rs 62 crore and Rs 2 crore in the Q1, Q2 and Q3 of FY24, respectively.
IANS
9/11
​Sterling and Wilson Renewable Energy
​Sterling and Wilson Renewable Energy posted a profit of Rs 1 crore in the quarter ended March 2024. The firm had seen losses of Rs 95 crore, Rs 55 crore and Rs 62 crore in the Q1, Q2 and Q3 of FY24, respectively.
Agencies
Sunteck Realty reported a profit of Rs 102 crore in the quarter ended March 2024. The firm had seen losses of Rs 6 crore, Rs 15 crore and Rs 10 crore in the Q1, Q2 and Q3 of FY24, respectively.
ETMarkets.com
Tejas Networks reported a profit of Rs 147 crore in the quarter ended March 2024. The firm had seen losses of Rs 26 crore, Rs 13 crore and Rs 45 crore in the Q1, Q2 and Q3 of FY24, respectively.(Disclaimer: Recommendations, solutions, views and opinions given by the specialists are their very own. These don’t signify the views of Economic Times)
