EBITDA margins expanded 840 basis points to 27.7 per cent, driven by technical textiles and packaging businesses.
Analysts believe that the earnings normalisation cycle for the state-owned lender has begun as the uncertainty brought about by the pandemic is receding significantly.
Company sharply reduces employee costs and rental charges, but has to offer heavy discounts on tickets and snacks
Dip in bad loan provisions support better quarterly show; NPAs decline
The company had reported a net profit of Rs 83 crore in the July-September period of 2019-20
Revenue from operations during the quarter was flat at Rs 889 cr; China operations back to normal
The company had posted a net profit of Rs 30.55 crore for the corresponding period of the previous fiscal, EIH said in a BSE filing
Adani Green Energy on Wednesday reported over 82 per cent decline in its consolidated net profit to Rs 17.57 crore in September quarter mainly due to higher expenses
Drug firm Jubilant Life Sciences on Wednesday reported a 10.13 per centdecline in its consolidated net profit to Rs 224.12 crore for the quarter ended September,mainly on account of higher taxes. The company had posted a net profit of Rs 249.39 crore for the correspondingperiod of the previous fiscal, Jubilant Life Sciences said in a BSE filing. Total revenue from operations stood at Rs 2,374.89 crore for the quarter under consideration. It was Rs 2,265.93 crore for the same period a year ago, it added. Tax expense of the company for the quarter was Rs 89.55 crore as against Rs 42.84 crore for the same period of the previous fiscal, the filing said. "Q2'FY21 has witnessed a substantial improvement over the previous quarter despite continued adverse impact of the COVID-19 pandemic in at least the first half of Q2,"Jubilant Life SciencesChairmanShyam S Bhartia andCo-Chairman & MD Hari S Bhartia said. With the strong demand recovery and new business sign-ups, "we expect strong ...
Republic TV editor Arnab Goswami was arrested by police in Mumbai for alleged abetment of suicide in a case registered in 2018.
SBI's gross non-performing assets (GNPA) declined to Rs 1.25 trillion during September quarter
Lower growth in net interest income, muted loan growth, an unchanged net interest margin, and decline in operating profit may mark the quarter, say analysts
The company had reported a net profit of Rs 352.98 crore in the quarter ended September 30, 2019, it said in a regulatory filing
The country's largest integrated logistics player had clocked a consolidated net profit of Rs 1,059.20 crore in the corresponding period a year earlier, the company said in a BSE filing
Domestic sales drive the numbers as operating revenue grows 14%
The company's total income fell 37 per cent at Rs 250.23 crore in Q2FY21 from Rs 395.11 crore a year ago
Revenues remain flat, sequential improvement in India and US revenues
NII jumps 15 per cent as provisions fall 4 per cent, shows BS analysis of 17 listed private lenders
Firms' operating margins soared to record high of 28.6 per cent
Street will also keep an eye out on cash flow improvement in the coming quarters