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Bharti Airtel: The telecom operator has confirmed that it has raised minimum tariff plans in seven circles. It raised the minimum tariff plan to Rs 155 from Rs 99-111 earlier, reports CNBC-TV18. Bharti Airtel spokesperson said the company discontinued metered tariff and introduced an entry-level plan of Rs 155 in seven circles.

Barbeque-Nation Hospitality: Anurag Mittal has resigned as Chief Financial Officer of the company. He will cease to be Chief Financial Officer from February 7, 2023. The company will release its quarterly earnings scorecard on February 7.

Triveni Engineering Industries: The company said the board members have approved further capex of Rs 90 crore for the sugar business group and Rs 100 crore capex for power transmission operations. In addition, the company has reported a 13 percent year-on-year growth in consolidated profit at Rs 147.3 crore for the quarter ended December FY23, led by lower tax cost and higher other income. Revenue grew by 34 percent to Rs 1,659 crore compared to the year-ago period, but operating profit fell 4.6 percent YoY to Rs 193.4 crore for the quarter.

Pidilite Industries: The adhesives, sealants and construction chemicals manufacturer has reported a 14.3 percent year-on-year decline in consolidated profit at Rs 307.7 crore for quarter ended December FY23, impacted by a lower operating margin. Revenue grew by 5.2 percent to Rs 2,998 crore compared to the year-ago period with C&B business growing at 7 percent. In Q3FY22, it registered robust growth as a result of trade increasing inventory stocking because of substantial price increases in the quarter. Overall numbers missed analysts' expectations.

TVS Motor Company: The two-and-three-wheeler manufacturer has clocked a 22 percent year-on-year growth in standalone profit at Rs 352.8 crore for December FY23 quarter despite higher input costs. Revenue from operations grew by 14.7 percent to Rs 6,545 crore compared to the year-ago period, with volume rising 0.09 percent to 8.79 lakh YoY. Operating profit at Rs 659 crore increased by 16 percent with a margin expansion of 10 bps at 10.1 percent compared to the same period last year. The board members have declared an interim dividend of Rs 5 per share.

Nazara Technologies: The gaming and sports media platform has clocked a 76 percent year-on-year growth in consolidated profit at Rs 18.1 crore for the quarter ended December FY23 despite the weak operating performance, led by topline and other income. Revenue from operations at Rs 315 crore grew by 69.4 percent compared to the year-ago period. Operating profit increased by 3.4 percent YoY to Rs 30.1 crore and margin fell 6 percentage points YoY to 9.6 percent for the quarter.

Macrotech Developers: The real estate developer has registered a 41.7 percent year-on-year growth in consolidated profit at Rs 404.5 crore despite lower revenue and weak operating performance, supported by other income and lower tax costs. Revenue for the quarter at Rs 1,774 crore declined 14 percent, but pre-sales grew by 16 percent YoY to Rs 3,035 crore compared to the year-ago period. The company reduced net debt by Rs 753 crore to Rs 8,042 crore.

Indus Towers: The mobile tower installation company has posted a consolidated loss of Rs 708.2 crore for the quarter ended December FY23 against a profit of Rs 1,570.8 crore in the same period last fiscal, as the company made doubtful debt provision of Rs 2,298 crore against receivables from one of the telecom companies. Revenue fell 2.3 percent YoY to Rs 6,765 crore for the quarter, and EBITDA tanked 68 percent to Rs 1,185.8 crore compared to the year-ago period.