With vaccinations well under way, the management believes that the worst is behind them and is confident of delivering strong, sustained growth in the periods ahead
The Reserve Bank of India has allowed IDFC to exit the IDFC First Bank after the expiry of the lock-in period of 5 years
Consumer electrical goods maker Havells India Ltd on Wednesday reported nearly four-fold jump in its consolidated net profit at Rs 235.78 crore for the first quarter ended June 2021.
Jubilant Foodworks reported a consolidated net profit of Rs 69.06 crore in the first quarter ended June 30, aided by higher revenues despite the second wave of COVID-19 disrupting operations.
Here are the top news stories of the day
Drug firm Gland Pharma on Wednesday reported an 11.83 percent increase in its consolidated net profit to Rs 350.7 crore for the quarter ended June 30, 2021, on account of robust sales in all markets.
Bajaj Finserv Ltd on Wednesday reported an over 31 per cent decline in consolidated net profit at Rs 833 crore for the first quarter ended June 2021.
HUL is likely to report 21.3 per cent YoY revenue growth at Rs 12,807.6 in its Q1 revenue report, ICICI Direct said in a note
ICICI Securities has reported a 61 per cent jump in profit after tax to Rs 311 crore in three months ended June 2021 on account of growth in revenue and improvement in margins
Bajaj Auto Q1 preview: Analysts at Nomura expect revenue growth of 142 per cent YoY, but down 13 per cent sequentially, at Rs 7,456.4 crore led by volume growth of 12 per cent on year.
ICICI Prudential stock settled at Rs 604.85 on BSE, down 3.39 per cent from the previous close.
Media firm Network18 Media & Investments Ltd on Tuesday reported a consolidated net profit of Rs 121.51 crore for the first quarter ended June 2021. The company had posted a net loss of Rs 60.60 crore for the April-June period of the previous fiscal, Network18 Media said in a regulatory filing. Consolidated revenue from operations rose 50.47 per cent to Rs 1,214.43 crore, as against Rs 807.07 crore in the corresponding quarter a year ago. "Operating margin at ... 15.5 per cent, highest ever in first quarter; despite second wave impact," the company said. Total expenses were at Rs 1,080.79 crore, up 23.99 per cent from Rs 871.65 crore earlier. Commenting on the results, Network18 Chairman Adil Zainulbhai said, "Led by the many learnings from the past year and a responsibility to serve the Indian audience, we have been able to continue our businesses relentlessly and profitably." Shares of Network18 Media & Investments Ltd on Tuesday settled at Rs 50.15 on BSE, down 2.53 per ...
In the past six months, Mastek's market price has more than doubled as against a 4.6 per cent rise in the S&P BSE Sensex
The management has reiterated its double-digit USD revenue growth guidance and EBIT margin band of 19-21 per cent for FY22
Cement maker ACC reported an over two-fold jump in consolidated net profit to Rs 569.45 crore for the second quarter ended June 2021
RIL's board is scheduled to consider and approve the unaudited financial results for Q1 on Friday.
Sectorally, the Nifty Bank index declined over 2 per cent, led by losses in HDFC Bank (down over 3 per cent)
Is the weakness seen on Monday likely to intensify in the days ahead or is this just a knee-jerk reaction to the June 2021 quarter results announced last week? Here is what the technical charts say
HDFC Bank's asset quality deteriorated marginally due to disruptions in collections on account of the second Covid wave
Reliance Retail Ventures, a subsidiary of Reliance Industries said it will acquire a 40.95 per cent stake in Just Dial for Rs 3,497 crore