Stock market LIVE: The BSE Midcap and Smallcap indices gained 0.6 per cent and 1.1 per cent, respectively. Realty and auto shares rallied, while metal stocks declined in trade on Tuesday
The company had posted a net profit of Rs 1,812.79 crore for the corresponding period of the previous fiscal
The bank had posted net profit of Rs 526 crore in the same period a year ago
The company said the industry went through pain with low rates over several years and has now turned around post consolidation and do not see freight rates going back to earlier levels in near future.
To commemorate Bayer's presence in India for 125 years, the board has declared a special dividend of Rs 125 per equity share of Rs 10 each for the financial year 2021-22
The company's balance sheet has become debt free and had cash and cash equivalents of Rs 171.4 crore as of the quarter ended September
Operationally, though, State Bank of India's net interest income (NII) is seen rising between 0.6 per cent and 4.6 per cent YoY
The company reported 3-fold jump in Q2FY22 consolidated net at Rs 28.61 crore as against a profit of Rs 8.66 crore in a year ago quarter
JLR expects the EBIT margin and free cash flow (before restructuring costs) to turn positive in the second half of Fiscal 2022
Bharti Airtel's growth during the quarter will be led by segmented tariff hikes taken in the second quarter ended September
Analysts expect growth momentum in the industry to continue for the next two quarters.
Tata Motors said the waiting time period for vehicles is around six to eight weeks, while for electric vehicles it is running up to six months
Public sector Punjab & Sind Bank (P&SB) on Monday reported a net profit of Rs 218.28 crore in the quarter ended in September 2021 on the back of NPA recovery. The bank had reported a net loss of Rs 401.27 crore in the year-ago period but had a net profit of Rs 173.85 crore in the April-June 2021 quarter. Total income of the bank during the July-September quarter of FY22 was down at Rs 1,945.12 crore against Rs 1,974.78 crore in the corresponding period of FY21, P&SB said in a regulatory filing. The bank's gross non-performing assets (NPAs) rose further to 14.54 per cent of the gross advances at the end of September 2021 from 14.06 per cent at September-end 2020, and from 13.33 per cent by the end of June 2021. The bank managing director S Krishnan said the increase in gross NPA is due to two large accounts of Srei Group. In value terms, the gross NPAs (bad loans) of the Delhi-headquartered bank stood at Rs 9,822.80 crore by end of Q2FY22, as against Rs 8,673.16 crore by ...
The shipping company had reported a net profit of Rs 141.89 crore in the corresponding quarter of the previous fiscal
The company had posted a consolidated net profit of Rs 264 crore in the same period a year ago
However, its revenue from operations during July-September 2021 rose marginally to Rs 1,607.10 crore, compared with Rs 1,598.47 crore in the year-ago period
The broader markets also logged strong gains, with the Midcap index up 1.8 per cent and the Smallcap index adding up 1.1 per cent
The bank reported a loss net of Rs 3,009 crore in Q2FY22 on huge provisions of over Rs 4,600 crore for the bad loans and restructured advances
Valuations, however, cap upsides in the near term
Operating margin comes under pressure for India Inc