Page 51 - Q2 Results
Future Retail posts net loss of Rs 692 cr in Q2, revenue declines 74%
Future Retail admitted in a statement that the Covid-19 pandemic had impacted its business significantly
 "Future Retail posts net loss of Rs 692 cr in Q2, revenue declines 74%")
Indiabulls Real Estate posts Rs 76 cr net loss in September quarter
The company had posted a net profit of Rs 301.11 crore in the year-ago period
 "Indiabulls Real Estate posts Rs 76 cr net loss in September quarter")
DHFL says Sept quarter results delayed due to coronavirus situation
The company is expected to submit the same by month end
 "DHFL says Sept quarter results delayed due to coronavirus situation")
Tata Steel Q2 net halves to Rs 1,665 cr as tax expenses hit bottom line
This, even as sales jumped 7.4% YoY and capacity utilisation reaches normal levels
 "Tata Steel Q2 net halves to Rs 1,665 cr as tax expenses hit bottom line")
Future Retail posts Q2 net loss of Rs 692 crore; net sales down 74%
Future Retail's revenue from operations was down 73.86% at Rs1,424.21 crore during the quarter
 "Future Retail posts Q2 net loss of Rs 692 crore; net sales down 74%")
Eicher Motors rallies 5%, hits fresh 52-week high post Q2 results
The management said production levels are at 70,000 units/month now, while bookings number were encouraging at 1.25 lakh units, including 8,000 units for newly-launched Meteor.
 "Eicher Motors rallies 5%, hits fresh 52-week high post Q2 results")
Improving prospects indicate Coal India stock may have bottomed out
Rising sales volumes and uptick in realisations during second half should lift the coal miners performance
 "Improving prospects indicate Coal India stock may have bottomed out")
Eicher: Near term margin pressures, volume key metrics to keep track of
Product pipeline, network expansion should help tap the uptick in recovery
 "Eicher: Near term margin pressures, volume key metrics to keep track of")
Sterling and Wilson Solar reports 18% drop in Q2 net profit at Rs 15 cr
The company's consolidated net profit stood at Rs 79.41 crore in the corresponding period of the previous fiscal
 "Sterling and Wilson Solar reports 18% drop in Q2 net profit at Rs 15 cr")
Punjab & Sind Bank narrows net loss at Rs 401 cr in September quarter
Punjab & Sind Bank on Thursday reported narrowing of its net loss at Rs 401.27 crore in the second quarter ended September 2020. The state-owned lender had posted a net loss of Rs 468.73 crore in the same period a year ago. The loss, however, widened sequentially from Rs 116.89 crore in the June quarter of FY2020-21. Total income of the bank fell to Rs 1,999.19 crore in July-September of 2020-21 from Rs 2,222.57 crore in the same period of 2019-20, Punjab & Sind Bank said in a regulatory filing. Bank's provisioning for bad loans and contingencies were down at Rs 863.82 crore for Q2FY21 from Rs 972.62 crore in Q2FY20. Of this, bad loans or NPAs provisioning were Rs 845 crore, as against Rs 949.36 crore a year earlier. Asset quality impaired with gross non-performing assets (NPAs) rising to 14.06 per cent by end of September 2020 from 13.64 per cent at end of September 2019. Value wise, the gross NPAs stood at Rs 8,673.16 crore, lower than Rs 9,218.22 crore. Net NPAs, however, .
 "Punjab & Sind Bank narrows net loss at Rs 401 cr in September quarter")
Sun TV Q2 net down 5.6% to Rs 346 cr even as subscription revenues rise 14%
EBITDA for the quarter was up 7.1%
 "Sun TV Q2 net down 5.6% to Rs 346 cr even as subscription revenues rise 14%")
Power Finance Corporation net profit up 72% to Rs 4,290 cr in Sept quarter
Its net profit was Rs 2,497 crore in the quarter ended September 30, 2019
 "Power Finance Corporation net profit up 72% to Rs 4,290 cr in Sept quarter")
Arvind Fashions Q2 loss widens five fold year-on-year to Rs 218 cr
Appoints Shailesh Chaturvedi as MD and CEO with effect from February 2021
 "Arvind Fashions Q2 loss widens five fold year-on-year to Rs 218 cr")
HCC Q2 net loss widens to Rs 476 crore, expenses decline to Rs 2,093 crore
The firm's total expenses declined to Rs 2,093.75 crore, as against Rs 2,176.30 crore a year ago
Natco Pharma Q2 net profit rises 73% to Rs 204 crore on robust sales
Consolidated total income of the company stood at Rs 827.9 crore for the quarter under consideration
 "Natco Pharma Q2 net profit rises 73% to Rs 204 crore on robust sales")
Aurobindo Pharma rallies 6% as Q2 net profit rises 26% YoY to Rs 805.65 cr
The company's consolidated total revenue from operations stood at Rs 6,483.44 crore.
 "Aurobindo Pharma rallies 6% as Q2 net profit rises 26% YoY to Rs 805.65 cr")
Religare Enterprises net loss narrows to Rs 115 cr in Sept quarter
During the month, RBI bought USD 13.322 billion from the spot market while selling USD 5.15 billion, according to the monthly bulletin released by the central bank for November
 "Religare Enterprises net loss narrows to Rs 115 cr in Sept quarter")
GAIL improves in Q2 as lockdowns ease, demand for gas grows in cities
Rebound in performance, improved gas transmission prospects and inexpensive valuations are keeping analysts positive.
 "GAIL improves in Q2 as lockdowns ease, demand for gas grows in cities")
LIC Housing Finance Q2 profit rises 2% to Rs 791 cr; loan portfolio up 5%
Collection efficiency for non-moratorium customers for the month of September 2020 stood at 96%
 "LIC Housing Finance Q2 profit rises 2% to Rs 791 cr; loan portfolio up 5%")
Highways builder Ashoka Buildcon Q2 PAT jumps six-fold to Rs 70 cr
The company had posted a PAT of Rs 11.45 crore in the corresponding quarter a year ago, it said in a regulatory filing to the BSE
 "Highways builder Ashoka Buildcon Q2 PAT jumps six-fold to Rs 70 cr")
