:::LALKAR GROUP::::

Biocon: The company's consolidated net profit after exceptional items rose 31% to Rs 313 crore in Q4 FY23 as against a net profit of Rs 239 crore in Q4 FY22. Total revenue advanced 59% to Rs 3929 crore in the quarter ended 31 March 2023 from Rs 2476 crore recorded in Q4 FY22.

Ashok Leyland: The company's consolidated net profit dropped to Rs 751 crore in Q4 FY23 as against a net profit of Rs 901 crore in Q4 FY22. Total revenue advanced to Rs 11626 crore in the quarter ended 31 March 2023 from Rs 8744 crore recorded in Q4 FY22.

JSW Energy: The company's consolidated net profit dropped to Rs 272 crore in Q4 FY23 as against a net profit of Rs 864 crore in Q4 FY22. Total revenue advanced to Rs 2806 crore in the quarter ended 31 March 2023 from Rs 2655 crore recorded in Q4 FY22.

Wipro: Wipro announced an expanded partnership with Google Cloud to bring its advanced generative artificial intelligence (AI) capabilities to clients across the globe. As part of the partnership expansion, Wipro will also train 20,000 associates on Google Cloud's generative AI technologies to help clients realize the full potential of AI and drive secure, AI-led transformations at scale.

Shriram Properties: Shriram Properties has acquired 100% development rights in an ongoing project at Chennai, through its wholly owned subsidiary, Shrivision Elevations Private Limited. The project has revenue potential of around Rs 1,200 crore in next five years.

Mahindra CIE Automotive: Auto major and promoter company Mahindra & Mahindra (M&M) is likely to sell a 3.2% stake or 1.2 crore shares in the Mahindra CIE Automotive via a block deal soon.

Varun Beverages: Varun Beverages has incorporated a wholly-owned subsidiary in South Africa. The subsidiary, Varun Beverages South Africa, will be based in Johannesburg. It will help Varun Beverages to further expand its reach in Africa and to better serve its customers in the region.