Adani Share Price: This company of Adani Group released the results – profit decreased but earnings increased by 195 crores

News Topical,Digital Desk : Adani Total Gas Limited has released the results for the fourth quarter (January-March) of the financial year 2023-24. The consolidated net profit of the company declined on an annual (YoY) basis to ₹ 155 crores, from ₹ 168 crores in the same period last year. However, the consolidated earnings of the company increased from ₹ 1,258 crores to ₹ 1,453 crores during the same period, registering an increase.

If we look at it on a quarter-on-quarter (QoQ) basis, the company's performance was better. While the consolidated profit was ₹ 142 crore in the last quarter, it increased to ₹ 155 crore in the fourth quarter. Similarly, the consolidated earnings also increased from ₹ 1,295 crore to ₹ 1,341 crore.
 

A slight increase in EBITDA has also been seen. The company's EBITDA increased from ₹ 265 crore to ₹ 266.4 crore. However, the EBITDA margin declined and came down from 20.5% to 19.9%. GO DIGIT GENERAL INSURANCE Q4 Virat Kohli's investment company Go Digit has also released its quarterly results. The company said in the exchange filing that there has been a tremendous jump in their profits. The company's profit has increased from 53 crores to Rs 116 crore on an annual basis. The company has also given information about GROSS WRITTEN PREMIUM in the filing. The company said that the gross written premium has increased from Rs 2,336 crore to Rs 2,576 crore. The company's AUM has increased from Rs 1,793.7 crore to Rs 19,703 crore. Talking about the combined ratio, it has increased from 108.8% to 111.3%.

Read More: Dividend Stocks: This company gave the biggest dividend in history at 775% - you will get this much rupees on 1 share