The profit was lower as a sharp movement in oil prices - from $19-20 per barrel to $40 - in April-June quarter of 2020 led to a spike in marketing margins
After the announcement of the stock split decision, the scrip surged to an all time high of Rs 2,728
The Nifty IT index jumped 3 per cent and ended around record high levels of 32,245.
The firm's operating revenue grew 98 per cent to Rs 267 crore on a low base of Rs 135 crore that it has reported in the year-ago period
The company missed Street expectations due to lower net interest income (NII)
In Q1FY22, losses also expanded due to non-cash ESOP expenses, which will continue going forward
The pharmaceutical company reported a disappointing April-June quarter (Q1FY22) performance on the margins front
Power trading solutions firm PTC India on Wednesday reported an over 36 per cent jump in consolidated net profit to Rs 136.17 crore for the June 2021 quarter. The company's net profit had stood at Rs 100.06 crore in the June quarter of the financial year 2020-21, it said in a BSE filing. However, the total income fell to Rs 4,959.99 crore during the quarter, from Rs 4,641.28 crore in the year-ago period. Total expenses also reduced to Rs 4,777.10 crore, compared with Rs 4,499.51 crore a year ago. In a separate statement, the company's Chairman and Managing Director Deepak Amitabh said the beginning of the quarter coincided with the onset of the second wave of COVID-19. However, despite the challenging environment, the company ended the quarter with a strong performance, he added. "During the quarter, we also witnessed a gradual shift in the generation pattern of hydro electric plants (HEPs) of Bhutan and Sikkim, after a prolonged winter impacted volumes from HEPs in J&K and ...
In the quarter, Pidilite's cost of materials consumed spiked 276 percent
During the quarter, its cost of materials consumed jumped 189 times to Rs 33.2 crore but a deduction due to its inventory positions, kept losses in control.
Analysts believe a strong topline growth is what enthused investors, pushing them to lap up Zomato shares
Revenue from operations up 14% to Rs 3,917 crore from Rs 3,424 crore in Q1F21
The BSE SmallCap index, which was down over 3 per cent at one point during the day, ended just 0.83 per cent lower.
Ebitda margins contracted 460 basis points to 11.2 per cent in Q1FY22 from 15.8 per cent in Q4FY21
Siemens Ltd on Tuesday said its standalone profit after tax (PAT) saw a multifold jump to Rs 162 crore during the quarter ended June 30, 2021, boosted by higher revenues
Impact of second wave on operations was lower than what street had estimated
Japanese group to cut China investments until tech sector scrutiny clarifies
Auto components major Motherson Sumi Systems Ltd (MSSL) on Tuesday reported a consolidated net profit of Rs 367.65 crore from continuing operations in the first quarter ended June 30
Jindal Steel and Power Ltd (JSPL) on Tuesday said its consolidated net profit jumped over 10 times to Rs 2,516 crore during June 2021 quarter. The company's "net profit after tax from continuing operation" during the April-June 2020 quarter had stood at Rs 236 crore, JSPL said in a regulatory filing. Its total income in April-June 2021 also jumped to Rs 10,643.17 crore, from Rs 6,519.27 crore in the year-ago period. Total expenses stood at Rs 7,233.55 crore, compared with Rs 6,147.90 crore a year ago. Part of the O.P. Jindal Group, JSPL is an industrial powerhouse with a dominant presence in steel, power, mining and infrastructure sectors.
The firm's operating revenue rose 30.5 per cent over the same quarter last year to Rs 1,341 crore