Lender plans equity issue of Rs 500-750 cr in current quarter
PNB Housing's gross non performing assets rose to 7.64% in Oct-Dec, 2021 as compared to 5.94% a quarter ago
Net profit up 10.4% YoY, growing at slowest pace in five quarters
The company also announced the appointment of Avani Davda to Persistent's Board of Directors and continued to add executives to its leadership team
The company's retail business is expected to witness a strong Ebitda mainly because of increased revenue, said brokerages
The cost of raw material consumed in the quarter was up 41.4 per cent at Rs 4,084.5 crore compared to last year
Net profit up 18.6% on 10.3% rise in revenue; says near-term outlook uncertain as growth moderating, inflation high
Biosimilars vertical clocked revenue of Rs 981.4 crore as compared to Rs 768.9 crore in the same quarter last fiscal
The company had posted a consolidated net profit of Rs 350.14 crore in the October-December quarter a year ago
Loan book shrinks as well; CFO resigns
Analysts, however, expect markets to recover from here on as they have reached their key support zones.
Despite a 25% correction from its 52-week high level, Mastek has outperformed the market in the past one year by surging 147 per cent, as against a 20 per cent rise in the Sensex.
The management said the company is witnessing muted demand in the replacement segment due to tepid consumer sentiment, higher fuel prices and a softer uptick in India's rural markets.
Asian Paints, Bajaj Finserv, Bajaj Holdings, Biocon, Century Textiles, Havells India, Hindustan Unilever, Bank of Maharashtra, MphasiS, Persistent Systems and Shoppers Stop to announce results today.
The company took a price increase of 1-1.2 per cent in the third quarter. It expects to take a similar amount in the current quarter
The company reported ₨ 635.4 crores of revenue from operations for Q3FY22, a growth of 6.7 per cent from the previous quarter.
Revenue of the company stood at Rs 1,984 crore as against Rs 1,659 crore in Q3FY21. JSW said the rise was primarily due to "increase in short term sales and realisation"
Sequentially, net profit was down 29%
The company had a net profit of Rs 309.41 crore in the same period a year ago
Shares of Rallis India Ltd on Wednesday settled at Rs 294.65 apiece on the BSE, up 2.61 per cent from the previous close