Shares of the company were up nearly 2%, as it kept a tight lid on costs to weather the impact of the pandemic on its business
Net profit stood at Rs 17 crore in the first quarter of last financial year, while it was at Rs 26 crore in Q4 of FY19
Growth came despite a sustained slowdown in the automotive and construction segments, both of which are key users of paints
From IMA planning to withdraw services to Kia Motors launching its 'Made In India' car, Business Standard brings you the top events that are likely to make headlines today
India operations hit on fall in realisations, weakness in auto sector
Key things to watch out for include updates on the FY20 outlook (the company had guided for 14-16 per cent CC revenue growth), and outlook on business in Europe, Financial and Engineering Services.
The company's consolidated net profit was Rs 2,277.87 crore in the corresponding quarter a year ago
On a consolidated basis, the housing financier's total revenue from operations stood at Rs 23,239.82 crore in Q1
Total income during Q1 rose to Rs 7,874.64 crore from Rs 7,404.97 crore in the year-ago quarter
Net profit stood at Rs 100.05 crore during April-June 2018-19, the company said in a regulatory filing
The company's total consolidated income from operations rose 333 per cent to Rs 620 crore from Rs 152 crore in Q1FY19
The revenue of the company dropped by 9% to Rs 5,684 crore from Rs 6,263 crore YoY
Net interest margin (NIM) stood at 3.40 per cent for the quarter, against 3.46 per cent in the year-ago period
The NBFC reported a sharp 75 per cent year on year (YoY) decline in its standalone net profit at Rs 68 crore in the April-June quarter (Q1FY20), due to higher provisioning for stressed assets.
On a standalone basis, analysts are eyeing a pre-provision profit for Bank of Baroda of up to Rs 4,765 crore the quarter under review
The company is focusing completely on promoting its top twenty brands, including the antibiotic Augmentin, and antipyretic Calpol
Revenue from operation during the quarter under review dipped 7 per cent from Rs 247 crore to Rs 267 crore in March quarter.
Excluding IndiGo, the combined net profit of early bird companies was up 7.5 per cent YoY during Q1, growing at the slowest pace in the last five quarters
Markets await more clarity on Gangwal-Bhatia spat and hope for an early resolution.
Loans extended under the agricultural segment would remain under the analysts and investors' radar as the bank has been consistently increasing provisions under the segment