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MTAR Technologies: The defence company has recorded a 30 percent year-on-year increase in consolidated profit at Rs 24.7 crore for the quarter ended September FY23, driven by top line. Revenue jumps 38.2 percent to Rs 126.2 crore compared to the year-ago period.

Nelcast: The company has reported a 262 percent year-on-year increase in consolidated profit at Rs 12.15 crore for the quarter ended September FY23, supported by topline as well as operating performance. Revenue at Rs 328.52 crore for the quarter increased by 37.4 percent compared to the year-ago period.

SIS: The company has reported a 1.4 percent year-on-year decline in consolidated profit at Rs 67.4 crore for the quarter ended September FY23, impacted by weak operating performance and margin compression. Revenue for the quarter increased by 14 percent YoY to Rs 2,768 crore, while EBITDA at Rs 109.8 crore fell by 10.8 percent for the quarter YoY.

JK Paper: The paper manufacturer recorded its highest-ever quarterly consolidated turnover of Rs 1,722.63 crore, a 72 percent growth compared to September FY22 quarter. EBITDA for the quarter at Rs 587.13 crore increased 130 percent and profit at Rs 324.23 crore rose 174 percent after providing Rs 33.64 crore as an exceptional item for the quarter ended September FY23 compared to corresponding quarter of previous financial year.

Jindal Stainless: The company has reported a significant 63 percent YoY decline in consolidated profit at Rs 151.84 crore for the quarter ended September FY23, impacted by higher inventory, power & fuel cost, and other expenses. Revenue grew by 11.5 percent YoY to Rs 5,604 crore for the quarter.

Rail Vikas Nigam: Life Insurance Corporation of India has offloaded a 2.02 percent equity stake in the company via open market transactions. With this, LIC's shareholding in the company reduced to 6.7 percent, down from 8.72 percent earlier.

Dalmia Bharat: The company registered a 74 percent YoY decline in consolidated profit at Rs 56 crore for the quarter ended September FY23 impacted by higher power & fuel cost, and freight charges. Revenue for the quarter grew by 15.1 percent YoY to Rs 2,971 crore, while EBITDA fell 39 percent YoY to Rs 379 crore during the quarter. Volume increased by 13.7 percent to 5.8 million tonnes for the quarter compared to the corresponding period last fiscal.