Bajaj Finance | Non-banking monetary providers firm (NBFC) on Wednesday reported its January to March quarter (Q4FY23) internet revenue at Rs 3,158 crore, beating estimates. The revenue was up 30 % from Rs 2,419.51 in the identical quarter a 12 months in the past. Revenue from operations of the monetary providers agency grew 24 % to Rs 11,359.59 crore from Rs 8,626.06 crore within the year-ago quarter.

SBI Life Insurance Company | Private sector insurer on Wednesday reported a 15 % year-on-year (YoY) soar in internet revenue at Rs 780 crore for the fourth quarter that ended March 31, 2023. In the corresponding quarter final 12 months, the corporate posted a internet revenue of Rs 680 crore. The worth of the brand new enterprise (VoNB) recorded a development of 23 % at Rs 1,440 crore for the March quarter. It was Rs 1,174 crore a 12 months in the past.

HDFC Life Insurance Company | Mumbai-headquartered firm on Wednesday posted a revenue after tax of Rs 359 crore for the fourth quarter (Q4FY23) ending March 31, 2023, virtually flat as in comparison with Rs 357 crore in the identical quarter final 12 months. The board has additionally proposed a remaining dividend of Rs 1.90 per share. On a sequential foundation, internet revenue for the March quarter surged 14 % from Rs 315 crore reported within the previous October to December quarter.

L&T Technology Services | Engineering providers firm on Wednesday reported an 18 % year-on-year soar in internet revenue at Rs 309.6 crore for the fourth quarter that ended March 31, 2023. In the corresponding quarter final 12 months, the corporate posted a internet revenue of Rs 262 crore. CNBC-TV18 Polls had predicted a revenue of Rs 309.5 crore for the quarter below assessment.

Reliance Capital | The second spherical of public sale for debt-ridden Reliance Capital concluded on Wednesday by which Hinduja Group’s IIHL has emerged as the only participant. It provided Rs 9,650 crore as an upfront cost. It can be famous that Torrent Investment, Oaktree, and Piramal Cosmea consortium didn’t take part within the public sale spherical. As a consequence, Hinduja was declared the best bidder.

Voltas | Air conditioner maker on Wednesday reported a 21.7 % year-on-year (YoY) decline in consolidated internet revenue at Rs 143.2 crore for the fourth quarter that ended March 31, 2023. Also, Voltas terminated an settlement to arrange a three way partnership with Highly International (Hong Kong) Ltd to fabricate compressors in India, because it couldn’t acquire essential approvals from the federal government.

Shoppers Stop | Retail chain firm on Wednesday reported a consolidated internet revenue of Rs 14.26 crore for the fourth quarter ended March 31, 2023. The firm had posted a internet lack of Rs 15 crore for the January-March interval a 12 months in the past, Shoppers Stop stated in a regulatory submitting. Revenue from operations was at Rs 923.90 crore throughout the interval below assessment as in opposition to Rs 713.34 crore within the corresponding quarter of the earlier fiscal.

HDFC Bank | The firm on Wednesday stated each inventory exchanges BSE and NSE have accepted the switch of NCDs from the mortgage agency to HDFC Bank as a part of the amalgamation course of. BSE and NSE vide their letters dated April 26, 2023, granted their in-principle approval for the switch of further NCDs (non-convertible debentures) issued by HDFC Limited publish receipt of the sooner approval on December 13, 2022, to HDFC Bank, the mortgage agency stated in a regulatory submitting.

City Union Bank | Kumbakonam-based financial institution on Wednesday stated the Reserve Bank of India (RBI) has accepted the reappointment of N. Kamakodi as managing director and CEO for9 a interval of three years with impact from May 1, 2023. The RBI has given its approval vide letter dated April 26, 2023, for the appointment of N. Kamakodi as MD of the financial institution, City Union Bank stated in a regulatory submitting.

HCL Technologies | Global pigment producer Heubach Group has chosen HCL Technologies to speed up its digital transformation agenda, the IT providers firm stated on Wednesday. HCL Tech will ship an IT system for Heubach Group throughout 11 international locations to incorporate deployment of hybrid cloud, cybersecurity options, end-user providers and safe networks.

UTI Asset Management Company | The firm on Wednesday reported a 59 % soar in revenue after tax (PAT) at Rs 86 crore for the three months ended March 2023. In comparability, the corporate posted a PAT of Rs 54 crore for a similar quarter a 12 months in the past, UTI AMC stated in a regulatory submitting. Total revenue grew marginally to Rs 309 crore within the quarter below assessment from Rs 305 crore in January-March 2021-22.