Market Commentary - Stock Alert
Stocks in Action: IRCTC, Sobha, Torrent Power As on : 30-May-23  08:33

IRCTC: On standalone basis, IRCTC's net profit rose to Rs 278.79 crore in Q4 FY23 as against net profit of Rs 213.78 crore posted in Q4 FY22. Total income rose to Rs 1004.28 crore in the quarter ended 31 March 2023 from Rs 716.79 crore recorded in Q4 FY22.

Sobha: The company reported consolidated net profit of Rs 47.1 crore in Q4 FY23 as against a net profit of Rs 15.2 crore in Q4 FY22. Total income rose to Rs 1240.1 crore in the quarter ended 31 March 2023 from Rs 743.8 crore recorded in Q4 FY22.

Torrent Power: The company reported consolidated net profit of Rs 483.93 crore in Q4 FY23 as against a net loss of Rs 487.37 crore in Q4 FY22. Total income rose to Rs 6133.70 crore in the quarter ended 31 March 2023 from Rs 3840.59 crore recorded in Q4 FY22.

Jubilant Pharmova: The company reported consolidated net loss of Rs 101 crore in Q4 FY23 as against a net profit of Rs 59 crore in Q4 FY22. Total income rose to Rs 1678 crore in the quarter ended 31 March 2023 from Rs 1528 crore recorded in Q4 FY22.

Techno Electric & Engineering Company: The company reported consolidated net profit of Rs 56.77 crore in Q4 FY23 as against a net profit of Rs 37.22 crore in Q4 FY22. Total income rose to Rs 335.64 crore in the quarter ended 31 March 2023 from Rs 311.91 crore recorded in Q4 FY22.

Inox Wind: The company has bagged an order for a 150MW wind power project from NTPC Renewable Energy Limited. As part of the order, Inox Wind will supply and install existing and new technology Wind Turbine Generators.

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