Its total income during the latest June quarter rose to Rs 4,938.43 crore, against Rs 2,749.46 crore in the year-ago period
Total income rose to Rs 261.99 crore in the first quarter of this fiscal from Rs 195.66 crore in the corresponding period of the previous year.
Tata Consumer Products Ltd (TCPL) on Tuesday reported a decline of 42.05 per cent in consolidated net profit to Rs 200.24 crore for the first quarter ended June 2021
Total income during the first quarter of 2021-22 was seen at Rs 5,155 crore, down marginally by 1.5% from Rs 5,234 crore a year ago
Net interest income declines to Rs 3,145 crore from Rs 3,481 crore a year ago; net interest margin fell to 2.16 per cent in Q1FY22 from 2.48 per cent
Disruptions on account of the lockdown led to the decline in the performance
Revenue of the Sunil Mittal-led telco rose 4.2 per cent on a sequential basis to Rs 26,853 crore in June quarter
Analysts expect recovery to be faster relative to FY21 with 90 per cent stores already resuming operations and footfalls being higher than last year
Amid a steep rally, investors got richer by Rs 2.4 trillion, BSE data showed
Prabhudas Lilladher builds-in recovery from Kingfisher loans at Rs 20 crore
In Q1FY22, Ebitda margins improved by 250 basis points to 27.25 per cent in June 2021 quarter, sequentially.
In Q1FY22, the company reported a consolidated net profit of Rs 97.40 crore as against Rs 31.58 crore in Q1FY21
Growth trends still strong; it is well-capitalised, provision coverage is high
In the year-ago period, it had reported a net profit of Rs 141 crore
The bank's net interest income (NII) increased 6.5 per cent year-on-year to Rs 7,226 crore during the quarter
However, PAT and revenues were lower compared to the previous March quarter
In the broader markets, both, the BSE MidCap and SamllCap indices hit record highs of 23,342 and 27,106, respectively earlier in the trade
While industry executives feel that there will be no shortfall in consumer demand in the near future, most are wary of the near-term challenges
The number missed Street expectation, which had estimated up to 9 per cent YoY rise in PAT
Hindalco Industries is planning to invest around Rs 8,000-10,000 crore in Hirakud, Silvassa and Mundra plants