Q4 Earnings Updates and Live Updates: Apollo Hospitals, Muthoot Finance, Godfrey Phillips, and More

The Q4 earnings season is coming to a close today, with major companies like Maruti Suzuki, Wipro, Bajaj Finserv, Infosys, TCS, and many others having already released their financial results for the quarter ended March 31, 2024. Investors and market participants are eagerly awaiting the performance updates from companies like Apollo Hospitals Enterprises, Muthoot Finance, Godfrey Phillips India, and others.

In the latest updates, Godfrey Phillips India Limited reported a significant increase in profit by 45.6% to Rs 214.16 crore for the fiscal fourth quarter. The company also announced a final dividend of 2800 per cent, amounting to Rs 56 per equity share of Rs 2 each for the financial year ended March 31, 2024.

On the other hand, Bata India Ltd recorded a profit of Rs 63.65 crore for the quarter, a slight decrease of 3% compared to the same period last year. The company also recommended a dividend of Rs 12 (240 per cent) per equity share for the financial year ended March 31, 2024.

Additionally, Prestige Estates Projects is optimistic about its growth prospects for FY25, expecting a presales growth of 25% YoY driven by planned launches of INR 600bn. The company’s dominant position in the Bengaluru housing market and expansion into new regions are seen as key factors for potential upside in its guidance.

Overall, the Q4 earnings updates from various companies reflect a mixed bag of results, with some showing strong growth and positive outlooks for the future, while others facing challenges and margin pressures. Investors and analysts will continue to closely monitor the performance of these companies as the earnings season wraps up.