Q4 Earnings Live Updates: Latest Results from Companies like Metropolis Healthcare, JK Tyre, BHEL, Arvind Fashions, and More

The Q4 earnings season is in full swing, with major companies like Maruti Suzuki, Wipro, Bajaj Finserv, Infosys, and many others already releasing their financial results for the quarter ended March 31, 2024. Market participants are eagerly awaiting the performance of companies like NMDC, BHEL, JK Tyre, and others in the upcoming days.

Among the latest updates, Metropolis Healthcare reported a 9.1% increase in profit to Rs 36.53 crore for the fourth quarter. JK Tyre announced a final dividend of Rs 3.50 per share and recorded a profit growth of 56.2% to Rs 169.33 crore. BHEL, on the other hand, saw a decline in profit by 25.6% to Rs 489.62 crore.

Arvind Fashions reported a significant jump in profit by 122.9% to Rs 24.32 crore, while Vascon Engineers recorded a 66.1% decrease in profit. Welspun Enterprises saw a 50.3% drop in profit to Rs 77.35 crore. Aether Industries posted a loss of Rs 1.43 crore, with revenue down by 36% year-on-year.

In other news, Honda India Power Products reported a profit increase of 171.9% to Rs 15.80 crore, with a recommended dividend of Rs 17.50 per equity share. Steel Authority of India reported a 3.6% decrease in profit to Rs 1126.68 crore for the fourth quarter.

Overall, the Q4 earnings season is proving to be a mix of positive and negative results for various companies across different sectors. Stay tuned for more updates as more companies announce their financial performance in the coming days.