Total income, however, grew marginally to Rs 3,675.38 crore from Rs 3,628.50 crore.Д-Link India: The company posted a 25.2 per cent growth in Q4FY22 net profit at Rs 11.63 crore as against Rs 9.29 crore in Q4FY21. United Breweries: The companyвЂ™s net profit surged 68.4 per cent to Rs 162.96 crore in the quarter ended March 2022 as against Rs 96.76 crore in the corresponding period a year ago. Total income, however, grew by 10.2 per cent to Rs 1,078.37 crore from Rs 978.56 crore. Mahindra Logistics: The company posted a 2.8 per cent decline in Q4FY22 net profit at Rs 12.23 crore when compared with Rs 12.58 crore in Q4FY21. Jindal Stainless, Jindal Stainless (Hisar): The sharesholders and creditors of the two companies approved the proposed merger of the two steel makers into a single entity. ItвЂ™s new business margins expanded 240 basis points YoY to 29.3 per cent in Q4FY22 from 26.9 per cent in Q4FY21. HDFC Life: The private sector life insurer reported a 12.6 per cent YoY jump in net profit at Rs 357 crore for the JanuaryвЂ“March quarter (Q4FY22), from Rs 317 crore in the year ago period. Its Net Interest Margin (NIM) improved to 6.3 per cent from 5.7 per cent. The net interest income rose to Rs 937 crore from Rs 656 crore in Q4FY21. READ MOREДЄU Small Finance Bank: The bankвЂ™s Q4FY22 net profit soared 105 per cent to Rs 346 crore on improvement in interest margins. The deal is expected to be closed by June 30, 2022.

The company said the acquisition will significantly expand its breadth of capabilities in helping businesses transform into intelligent enterprises.

Wipro: The Bengaluru-headquartered IT major announced the acquisition of Rizing Intermediate Holdings, a global SAP consulting firm, for a consideration of $540 million.

The net interest income (NII) was up 30 per cent at Rs 6,068 crore from Rs 4,659 crore. READ MOREД«ajaj Finance: The NBFC posted a 80 per cent YoY growth in net profit at Rs 2,420 crore for the fourth quarter ended March 2022 (Q4FY22) from Rs 1,347 crore a Q4FY21. The development acquires significance as it will focus on chlor-alkali, ethylene dichloride (EDC) and polyvinyl chloride (PVC) production, which is used in a wide range of industrial applications. Reliance Industries (RIL): The Mukesh Ambani-lef company and Abu Dhabi Chemicals Derivatives Company RSC (TAвЂ™ZIZ) on Tuesday signed a shareholder agreement for a chemical project in Ruwais, Abu Dhabi. The issue closes on April 28.Д®arnings Watch: 5Paisa, Bajaj Auto, Chennai Petro, Hatsun Agro Products, HDFC AMC, Hindustan Unilever, Indian Energy Exchange, Indian Hotels, KPR Mill, Mahindra Lifespace Developers, Persistent Systems, Supreme Petrochem, Swaraj Engines and Trent are among the 20 companies scheduled to announce Q4 results on Wednesday. The issue was subscribed 1.2 times, with bids for retail quota up to 1.9 times at the end of Day 1. READ MOREД¬ampus Activewear IPO opened for subscription on Tuesday in the price band of Rs 278 вЂ“ 292. Subscription for the IPO shall be open till April 29. Rainbow ChildrenвЂ™s Medicare Rs 1,581 crore IPO opens for subscription today in the price band of Rs 516 вЂ“ 542.

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