Page 49 - Indian Companies

Why this is an opportune time to reflect on corporate disability inclusion

By providing economic opportunities to PWDs when they need them the most, companies can make a huge contribution towards integrating this historically underrepresented community in the workforce

BSE Q1 net profit drops 21.4% to Rs 32.48 cr; income falls to Rs 162.11 cr

The exchange had posted a net profit of Rs 41.32 crore in the year-ago period, BSE said in a regulatory filing on the NSE

Uncertainty continues due to lockdown in various places: Kirloskar Electric

The company said the lockdown affected its sales to the extent of Rs 18 crore in March

Ferns N Petals to expand operations into Qatar, Saudi Arabia and Indonesia

Presently, Ferns N Petals, a 27-year-old company, has presence in foreign markets like the UAE and Singapore

Birla Tyres to RCom, low-denomination stocks hit top gear on Dalal Street

Dream run may come to a screeching halt anytime, warn analysts as fundamentals do not back them

Robust performance of domestic biz to help Torrent Pharma outperform peers

Chronic-heavy portfolio, pharma market recovery boost shares

Godrej Agrovet's Q1 consolidated net profit rises 29.65% to Rs 100.6 cr

The company had posted a net profit of Rs 77.58 crore in the year-ago period, according to the regulatory filing

Dr Lal PathLabs June quarter net profit declines 52% to Rs 28.4 crore

Diagnostic services provider Dr Lal PathLabs on Friday reported a 51.94 per cent decline in its consolidated net profit at Rs 28.4 crore for the quarter ended June 30, 2020.

NIIT Ltd posts consolidated net profit at Rs 29 crore in June quarter

NIIT Ltd on Friday said its consolidated net profit stood at Rs 29 crore in June 2020 quarter. The skills and talent development firm had posted a loss of Rs 1.5 crore in the year-ago period on a like-to-like basis (excluding the impact of a one-time capital gain on divestment in the first quarter of FY2019-20). NIIT Ltd had divested its shareholding in NIIT Technologies last year. The revenue remained flat at Rs 201.8 crore in the April-June 2020 quarter from the year-ago period. On a sequential basis, net profit registered a manifold growth (from Rs 0.6 crore in March 2020 quarter), and 4 per cent decline in revenue from Rs 211.2 crore in the March 2020 quarter. "I think NIIT kept its head above the water given the challenging circumstance that we were put in because of COVID-19. NIIT continued to work with all its customers and several customers, whose contracts came up for renewal during this past quarter, were renewed," NIIT CEO Sapnesh Lalla said. He added that the company

Zydus Wellness June quarter net profit increases 11% at Rs 89 crore

Zydus group firm Zydus Wellness on Friday reported a 10.94 per cent rise in consolidated net profit at Rs 89.20 crore for the quarter ended June 30, 2020. The company had posted a net profit of Rs 80.40 crore for the corresponding period of the previous year,Zydus Wellness said in a filing to BSE. Consolidated revenue from operations of the company stood at Rs 537.37 crore for the quarter under consideration, as against Rs 620.25 crore in the year-ago period, it added. The past quarter was an "unprecedented one" due to the COVID-19 pandemic impacting the company's operations in the early part of the quarter, Zydus Wellness said. "However, with the logistical challenges being resolved and approvals for re-starting manufacturing plants and operating C&FA warehouses coming in, the company was able to recover from the early setbacks,"it added. Coping with the pandemic, the company continues to be agile in its responses and execution of its plans,Zydus Wellness said. Shares of Zydus .

RIL's pre-tax profit dips 40% as Covid-19 hits energy, retail businesses

Net profit surges 31%, boosted by exceptional gain of Rs 4,966 crore from BP transaction

Innovating in pandemic, around a third of companies will have new products

Nearly half of companies surveyed were evaluating acquisitions, says PwC India report

Quess Corp expects hiring to pick up on festive demand, unlocking

In the June quarter, the Fairfax-backed company, which derives close to 80 per cent of its revenues from general staffing business, had witnessed a 13 per cent dip in headcount over Q1

Unlock 3: Night curfew ends, no schools till August 31, gyms can reopen

The government ignored demands by cinema hall owners for reopening. Theatres, bars, and places of congregation will also remain shut

Sebi extends deadline to file Q1 numbers for Indian firms by a month

News date set at Sept 15; Sebi has also extended compliance deadline for submission of annual system audit and redressal of investor grievances

Indian cos lost Rs 14 cr on average to data breaches in Aug 19- Apr 20: IBM

Data breaches cost organisations in India about Rs 14 crore on an average between August 2019 and April 2020

Titan eyes expansion in international watches' range with new launches

The international portfolio currently generates around 10 per cent of the revenue in the watches division for the Bengaluru-headquartered company

Hit by Covid-19, ITC's profit before tax dips 34% to Rs 3,435 crore

Revenues from operations fell 17.21 per cent to Rs 10,478.46 crore. Profit after tax was down by 25.5 per cent to Rs 2,562.73 crore

Covid-19 crisis: Ratan Tata says layoffs show India Inc's lack of empathy

While Tata Group has not laid off any employee, several Indian companies have retrenched staff due to lack of cash flow after the nationwide lockdown

Q1 early-bird results better than expected; IT, financial services do well

However, analysts expect the numbers to deteriorate as more companies announce their results