Acquisition of C&S Technologies is seen margin accretive and will augment exports
Sharp rise in non-Covid business and strong revenue growth indicated by Thyrocare, Metropolis prop up sentiment
Vedanta's Hindustan Zinc, also Asia's most valuable zinc producer, reported a 23% drop in June-quarter profit on lower prices and production
Air India has incurred a net loss of about Rs 2,570 crore in the first quarter of 2020-21 as compared to a net loss of Rs 785 crore sustained in the year ago period, Civil Aviation Minister said
For the April-June quarter (Q1FY21), Hikal reported a 25 per cent year-on-year (YoY) decline in its consolidated profit before tax (PBT) at Rs 27.50 crore.
Some believe the Sebi should now revert to the original deadlines as such leeways keeps investors in the dark
Procter & Gamble Health, formerly known as Merck, on Wednesday reported a 10.8 per cent jump in June quarter net profit at Rs 48.9 crore. The profit growth came despite a fall in sales to Rs 200.3 crore due to the COVID-19 pandemic, as against Rs 224.9 crore in the April-June period of last year. "The company delivered a strong double-digit growth for four successive quarters up until the onset of the unprecedented COVID-19 pandemic. Despite initial impact on account of disruption in business operations, the company continues to demonstrate a resilient performance," its Managing Director Milind Thatte said. Protecting the health and safety of employees and partners, continuing to serve consumers, and support communities and relief efforts have been the company's priorities during the pandemic time, he added. In the 18 months to June, the company reported sales of Rs 1,329 crore. The sales figure had stood at Rs 818.2 crore in the calendar year 2018, it said in a statement. Profit
Rajesh Exports has reported 49.61% fall in consolidated net profit at Rs 152.13 crore for the quarter ended June 30, 2020
Market leader IndiGo had registered a pre-tax loss of Rs 2,849 crore during the same period
Its total expenses were at Rs 639.27 crore as against Rs 1,440.93 crore, down 55.63 per cent
Budget carrier SpiceJet reported a net loss of Rs 600.5 crore for the first quarter ended June 30, owing to the suspension of flight operations due to the coronavirus-induced lockdown
PVR Cinemas suffered a consolidated loss after tax of Rs 226 crore in Q1 of the current financial year as compared to a profit of Rs 18 crore during the corresponding period of last year
The company's revenue came in at Rs 522.28 crore, up 17 per cent against Rs 446.11 crore in the corresponding quarter of the previous fiscal.
The company had posted Rs 102.68 crore net profit in the year-ago quarter, Steel Authority of India Ltd (SAIL) said in a BSE filing
The company had posted a loss of Rs 61 crore in the corresponding period of the preceding fiscal
Total income for quarter down 28% at Rs 245.83 cr, net loss stood at Rs 90.52 cr as against a loss of Rs 11.64 cr a year ago
The company's net profit stood at Rs 42.67 crore during the same quarter a year ago
While FY21 likely to be washout for IRCTC, the firm appears to have all the ingredients in place to see strong earnings growth over next 2-3 years, say analysts
The chain's health care services and clinics were under pressure during the quarter, while pharmacy biz showed positive growth in revenue and profitability
The weak results come amid the sale of retail assets of the Future group to Reliance in a nearly Rs 25,000-crore transaction, which was announced last month