Bank of Baroda Q2 preview: Analysts largely expect the lender's Q2 performance to be remain muted amid meagre loan book expansion and elevated slippages
Petronet said its board declared a special interim dividend of Rs 7 per equity share for fiscal 2021-22
Indraprastha Gas Ltd, the firm that retails CNG in the national capital and adjoining cities, on Tuesday reported 30 per cent jump in its second quarter net profit on the back of higher sales volumes.
Among sectors, the BSE Auto index jumped 1.3 per cent. The Capital Goods, Energy and Oil & Gas indices were also up around a per cent each. The Metal index, however, was down 0.8 per cent
Coca-Cola India's net profit declined 28.4 per cent year-on-year to Rs 443.38 crore and its revenue from operations was down 16.2 per cent to Rs 2,297.51 crore in the pandemic-hit FY21, according to regulatory documents. The cola major had logged a net profit of Rs 619.14 crore in FY20, while its revenue from operations in that year had stood at Rs 2,741.54 crore. Coca-Cola India's total income also declined 16.2 per cent to Rs 2,355.10 crore in the fiscal ended March 2021 as against Rs 2,811.99 crore in the preceding financial year, according to the Registrar of Companies filing, shared by market intelligence firm Tofler. Reply to an e-mail sent to Coca-Cola India could not be ascertained immediately. In FY21, Coca-Cola India's other income also declined 18.2 per cent to Rs 57.59 crore as against Rs 70.44 crore a year ago. During the financial year 2020-21, the company's total expenses were reduced by 11.2 per cent to Rs 1,740.92 crore as against Rs 1,961.28 crore in the previous
Homegrown auto major Mahindra & Mahindra (M&M) on Tuesday reported an over eight-fold increase in its standalone profit after tax (PAT) at Rs 1,432 crore for the second quarter ended September 30, 2021, riding on the back of robust sales. The Mumbai-based company had posted a standalone PAT of Rs 162 crore in the July-September period of previous fiscal. Revenue for the second quarter rose by 15 per cent to Rs 13,305 crore as against Rs 11,590 crore in the year-ago period, M&M said in a regulatory filing. The company said it sold 99,334 vehicles during the period under review, up 9 per cent from 91,536 units in the second quarter of last fiscal. M&M tractor sales however declined by 5 per cent to 88,920 units in the second quarter as against 93,246 units in the year-ago period. On a consolidated basis, the Mahindra Group reported a PAT of Rs 1,929 crore as compared with Rs 615 crore in the Q2 of 2020-21. Revenue rose to Rs 21,470 crore in the second quarter as ...
Tyre maker MRF on Tuesday reported 53.99 per cent decline in consolidated net profit at Rs 189.06 crore for the second quarter ended September 30, 2021
Sobha Ltd, however, is expected to surge up to 14% indicates the daily chart.
The company said its operating margin contracted by 425 basis points (bps) to 14.09 per cent in Q2FY22 from 18.34 per cent in Q2FY21
The company's cost of materials increased 8% from Rs 1,768 crore in Q2FY21 to Rs 1,915 crore in the corresponding quarter of FY22
Provisions stay elevated in Q2; though lower than Q1
The company's total income stood at Rs 390 crore during the quarter, up a marginal 1%
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Realty firm Sobha Ltd on Monday reported a nearly three-fold jump in its consolidated net profit at Rs 48.3 crore for the quarter ended September
Drug firm Wockhardt on Monday reported an over 11-fold jump in its consolidated net profit to Rs 37.17 crore for the quarter ended September 30, 2021.
The south-based lender had posted a net profit of Rs 115 crore in the same quarter a year ago.
The broader markets also logged decent gains. The BSE Midcap and Smallcap indices jumped 1.3 per cent and 0.9 per cent, respectively.
Barbeque Nation Hospitality surged 9 per cent to hit a new high of Rs 1,782.55 on the BSE
Ebitda margin contracted by 180 basis points year-on-year to 41.5 per cent in Q2FY22 due to higher other expenses/employee costs.
Quarterly earnings from IT majors Infosys, Wipro and HCL Technologies,macroeconomic data and global trends would drive sentiments in equity market in a holiday-shortened week ahead, analysts said.