Total Income for Q1 FY23 has increased by 4% YoY to ₹3,97,829 lakhs. Profit After Tax rose by 80% YoY to ₹34,903 lakhs. Income from Premiums grew by 10% YoY but Income from Investments fell by 27% YoY for Q1 FY 2023. Combined Ratio fell to 104.1% from 123.5% a year ago.
Return on Average Equity grew to 15%. Profit Before Tax (PBT) rose to ₹3.49 Billions from ₹1.94 Billions a year ago. In this quarter’s investor presentation, firm showcases it’s strong profitability.
To further read the previous quarter’s results, check out this link.
Cochin Shipyard Limited (NSE:COCHINSHIP) Q4 FY22 Earnings Concall dated May. 26, 2022 Corporate Participants: Madhu S Nair -- Chairman & Managing Director Jose V J -- Director Finance Analysts: Vastupal Shah
Can you guess the name of the company that was listed during the IPO frenzy in 2020 and is the second largest player in the Indian municipal waste management industry?
“Hey, how is the market doing today?” “Oh!, its falling tremendously since morning” I am sure news like these might be a common topic of discussion for you nowadays. Interestingly,