Page 5 - Financial Year

IndiGo Q1 preview: Analysts expect loss to narrow despite high ATF prices

InterGlobe Aviation Q1FY23 results: Analysts expect IndiGo's net loss to narrow sharply due to increased air traffic

Sundram Fasteners' net profit rises 14.5% to Rs 138.03 cr during June qtr

The company's revenue from operations for the quarter ended June 30, 2022 came in at Rs 1,410.12 crore

PNB raises asset quality guidance, aims to lower net NPA to 3.5% by March

Gross NPAs reduced to 11.27% in April-June quarter from 14.33% a year ago; eight accounts worth Rs 2,486 cr will be transferred to NARCL

Ashok Leyland Q1 profit at Rs 68 cr Q1 on strong volumes vs year-ago loss

The company is planning to invest Rs 750 crore in each of the next two years and is in the final round of talks to raise funds for its EV arm Switch Mobility

Bajaj Finance's first-quarter net profit surges 159% y-o-y to Rs 2,596 cr

Shares of the company closed at Rs 6,393.75 - up 2.14 per cent from the previous days' close

Institutional investors pushing back more on top executive pay hikes

Rejection of resolutions on remunerations rises; investors becoming more discerning, say experts

South Indian Bank net profit up 10-fold in Q1, asset quality improves

In Q1, South Indian Bank's gross advances saw a growth of 10.95 per cent compared to the same period last financial year

Karur Vysya Bank Q1 net doubles to Rs 229 cr, interest income up 17%

Operating profit for up 15% YoY, major improvement seen in bad loans

Kesoram Industries to raise high-cost funds via FDs; to offer 12.25% rate

To offer 12.25% rate; plans to use proceeds for working capital, pare debt

Spike in imports, fall in exports widen India's trade deficit with China

In FY22, India's trade deficit with China was recorded at $72.9 billion, up nearly $29 billion from FY21's figure of $44 billion

NH construction to be around 32-34 km per day during this fiscal: Crisil

India's national highway construction will likely reach only 32-34 km per day during the current financial year as input prices are expected to remain elevated, said rating agency Crisil

SBI has not decided on selling 26% stake in YES Bank, says report

SBI is allowed to reduce the stake in the YES Bank at the end of Financial Year 2022-23 (FY23) but it may not decide about that this financial year due to volatile market conditions

We hope to mop up Rs 1.3 trn GST in current fiscal year: CBIC's Vivek Johri

System 'revolutionised' to plug chances of leakage, he tells 'Business Standard' in interview

ITC's luxury project in Colombo hit by headwinds as Sri Lanka economy sinks

Company says it remains focused on completing project in expeditious manner

Govt has no plan for additional borrowing to manage fiscal deficit: Report

This, despite sacrificing revenue on account of reduction in duties on petroleum products and other goods, say official sources

India Inc optimistic about new job openings in FY23, says report

India Inc seems to be optimistic about opening of new vacancies amid steady hiring trends during the current financial year as the country's economy is on a growth trajectory, a report said.

Govt's monetisation plan completes transactions worth Rs 96,000 cr in FY22

Road, power, coal and mining assets helped in surpassing the first-year target, the official said

IndiGo sees domestic traffic recovering by Q3FY22 as vaccination picks up

The company will not pay any dividend for FY21

BoI posts Q4 profit of Rs 250 cr versus Rs 3,571 cr loss a year ago

Full year (FY21) profit at Rs 2,160 crore, as against loss of Rs 2,957 crore in FY20

Export rebound, defence to sustain growth trajectory for Bharat Forge

Margins and cash flows to remain at elevated levels on operating leverage, minimal capex