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Page 2 - Pre-tax Profit

Aarti Drugs to Tata Comm: Earnings rise for 15 firms in Covid-19 economy

These companies reported an increase in revenue and/or profit before tax for the March quarter

Aarti Drugs to Tata Comm: Earnings rise for 15 firms in Covid-19 economy
Updated On : 19 Jul 2020 | 6:19 PM IST

HCL Tech likely to grow 1.5-2.5%; Q1 net profit up 31.7% at Rs 2,925 cr

In the quarter ended Q1FY21, the company on Friday reported a profit before tax (PBT) of Rs 3,862 crore, up 31.7 per cent year on year (YoY), while it remained flat on a sequential basis.

HCL Tech likely to grow 1.5-2.5%; Q1 net profit up 31.7% at Rs 2,925 cr
Updated On : 17 Jul 2020 | 10:33 PM IST

Bandhan Bank's pre-tax profit drops 40% in Q1 on higher provisioning

Pre-tax profit of the bank in Q1FY21 stood at Rs 735 crore

Bandhan Bank's pre-tax profit drops 40% in Q1 on higher provisioning
Updated On : 16 Jul 2020 | 12:49 PM IST

L&T Infotech's PBT rises 16.9% to Rs 558.9 cr in Q1, revenue up 18.7%

The net profit for the quarter ended June 2020 (Q1FY21) rose 17.1 per cent year-on-year to Rs 416.4 crore on account of lower operating expenses.

L&T Infotech's PBT rises 16.9% to Rs 558.9 cr in Q1, revenue up 18.7%
Updated On : 16 Jul 2020 | 2:53 AM IST

Infosys ripe for re-rating after strong performance in June quarter

While the company's revenue grew by 8.5 per cent year-on-year to Rs 23,665 crore, its profit before tax (pre-tax profit) was up by 12.1 per cent year-on-year

Infosys ripe for re-rating after strong performance in June quarter
Updated On : 16 Jul 2020 | 2:34 AM IST

Mindtree PBT more than doubles in Q1; revenues up 4.1% to Rs 1,908.8 cr

Revenue of the firm grew 4.1 per cent year-on-year to Rs 1,908.8 crore during this period though it declined 6.9 per cent sequentially

Mindtree PBT more than doubles in Q1; revenues up 4.1% to Rs 1,908.8 cr
Updated On : 14 Jul 2020 | 10:29 PM IST

Wipro sees green shoots in some verticals; net profit flat at Rs 2,390 cr

IT firm's margin expands despite revenue fall in Q1

Wipro sees green shoots in some verticals; net profit flat at Rs 2,390 cr
Updated On : 14 Jul 2020 | 10:16 PM IST

Covid-19 weighs on TCS numbers in Q1; net profit falls 13.8% to Rs 7,008 cr

IT major says pandemic impact may have bottomed out

Covid-19 weighs on TCS numbers in Q1; net profit falls 13.8% to Rs 7,008 cr
Updated On : 10 Jul 2020 | 1:21 AM IST

Covid-19 impact: Six of the top 10 family-owned businesses in the red

Leading business houses report pre-tax loss of Rs 19,342 crore in Q4

Covid-19 impact: Six of the top 10 family-owned businesses in the red
Updated On : 04 Jul 2020 | 6:45 AM IST

ONGC posts loss of Rs 10,529 cr in Q4 over falling crude prices, lockdown

The company's revenue from operations declined by 7 per cent to Rs 104,489 crore for the period under review, compared to Rs 112,539 crore in Q4FY19.

ONGC posts loss of Rs 10,529 cr in Q4 over falling crude prices, lockdown
Updated On : 01 Jul 2020 | 2:58 AM IST

Tata Steel slips into red, logs Q4 consolidated pre-tax loss at Rs 1,499 cr

The company had a profit of Rs 4,252.50 crore in the corresponding period last year

Tata Steel slips into red, logs Q4 consolidated pre-tax loss at Rs 1,499 cr
Updated On : 30 Jun 2020 | 12:48 AM IST

Spencer's Retail posts Rs 49.45 crore pre-tax loss in March quarter

It had earned a revenue of Rs 523.46 crore during the similar quarter of the 2018-19 financial year year with a pre-tax profit of Rs 1.22 crore.

Spencer's Retail posts Rs 49.45 crore pre-tax loss in March quarter
Updated On : 29 Jun 2020 | 10:24 PM IST

Indian Overaseas Bank back in black with pre-tax profit of Rs 83 crore

With this, the bank has met the final parameter to come out from the Reserve Bank of India's Prompt Corrective Action (PCA) framework, which was imposed in 2015.

Indian Overaseas Bank back in black with pre-tax profit of Rs 83 crore
Updated On : 25 Jun 2020 | 10:37 PM IST

GIC Re reports 7.8% drop in pre-tax profit at Rs 1,101 cr in Q4FY20

Net profit of the reinsurer jumped 98 per cent to Rs 1,197 crore in Q4FY20 compared to 603 crore in the same period a year ago due to lower tax provisions

GIC Re reports 7.8% drop in pre-tax profit at Rs 1,101 cr in Q4FY20
Updated On : 25 Jun 2020 | 2:16 AM IST

GAIL consolidated profit before tax rises 62% in Q4 to Rs 3,598 crore

The consolidated revenue for the period under review has seen a decline by 6 per cent, from Rs 19,078.3 crore during the January-March quarter of 2018-19 (FY19) to Rs 17,938 crore in Q4 FY20

GAIL consolidated profit before tax rises 62% in Q4 to Rs 3,598 crore
Updated On : 25 Jun 2020 | 1:50 AM IST

BoB posts pre-tax loss of Rs 1,723 crore in Q4; stock ends 2.13% higher

The bank posted a net profit of Rs 506.5 crore in Q4FY20 compared to net loss of Rs 991.3 crore in Q4FY19.

BoB posts pre-tax loss of Rs 1,723 crore in Q4; stock ends 2.13% higher
Updated On : 24 Jun 2020 | 12:31 AM IST

Punjab National Bank reports a pre-tax loss of Rs 969 crore in Q4

The lender reported a net loss of Rs 697 crore in Q4FY20 before completing the amalgamation process, as it posted a second continuous quarterly loss.

Punjab National Bank reports a pre-tax loss of Rs 969 crore in Q4
Updated On : 20 Jun 2020 | 4:27 AM IST

LIC Housing Finance posts 16% fall in pre-tax profit at Rs 826.72 crore

Its net profit fell sharply, by 40 per cent, to Rs 421.43 crore from Rs 693.58 crore in Q4FY19.

LIC Housing Finance posts 16% fall in pre-tax profit at Rs 826.72 crore
Updated On : 20 Jun 2020 | 12:48 AM IST

After record loss, Tata Motors to scout for partner in car business

Company embarks on aggressive deleveraging exercise even as it has cut capex for India business this fiscal

After record loss, Tata Motors to scout for partner in car business
Updated On : 16 Jun 2020 | 1:07 AM IST

M&M plans to exit loss-making international subsidiaries in a year

The move is prompted by the steep impairment loss reported by the consolidated entity as SsangYong Motor (SYMC), its Korean subsidiary, and Genzee, its two-wheeler entity in the US, turned in losses.

M&M plans to exit loss-making international subsidiaries in a year
Updated On : 13 Jun 2020 | 1:41 AM IST