Tata Chemicals Ltd on Monday reported a net loss of ₹818 crore in the fourth quarter ended March 31, 2024, on lower income and provision of loss on account of exceptional items of ₹963 crore in the UK business.

It had posted a net profit of ₹694 crore in the year-ago period.

The company's total income fell to ₹Rs 3,589 crore in the fourth quarter of the last fiscal year from ₹4,482 crore in the year-ago period.

Poonawalla Fin

Poonawalla Fincorp on Monday reported a 67 per cent jump in consolidated net profit to ₹Rs 332 crore in the March quarter.

The company had posted a net profit of ₹199 crore during the corresponding quarter of the previous financial year.

Its total income during the quarter also rose to ₹922 crore, against ₹581 crore in the year-ago period.

Uco profit

Uco Bank on Monday reported a standalone net profit of ₹525.77 crore for the fourth quarter ended March 31, 2024, a fall of 9.54 per cent from ₹581.24 crore in the corresponding quarter previous year.

While the total income of the bank grew by 17.44 per cent during the quarter to ₹6,984.61 crore from ₹5,946.94 crore, total expenses also grew 24.41 per cent to ₹5,711.73 crore from ₹4,589.89 crore in the year-ago period.

The gross NPA of the bank during the quarter was at 3.46 per cent compared with 4.78 per cent in the year-ago period.

The bank’s board has approved the capital raising plan of 400 crore shares of face value ₹10 each through various modes like QIP, FPO etc and in multiple tranches during 2024-25. The board has also recommended a dividend of ₹0.28 per share (2.80 per cent) of face value ₹10 each for 2023-24.