The company's revenue from operations rose 6.1 per cent year-on-year to Rs 3,165 crore
V-Guard Industries Ltd on Wednesday reported a nearly 77 per cent increase in consolidated net profit at Rs 78.24 crore in the third quarter ended December 2020. It had posted a net profit of Rs 44.24 crore in the October-December quarter last fiscal,V-Guard Industries said in a regulatory filing. Revenue from operations rose 32.15 per cent to Rs 835.03 crore during the period under review. The same was at Rs 631.88 crore in the year-ago period. V-Guard Industries Managing Director Mithun K Chittilappilly said that improved consumer sentiment, festive season and share gain from the unorganised sector have driven growth during the quarter. "The sharp increase in commodity prices led to a slight drop in gross margins," he added. V-Guard's total expenses stood at Rs 730.49 crore in the latest December quarter. Shares of the company closed flat at Rs 240.75 on the BSE.
CLSA has raised its target price on SBI's stock by an impressive 45.45 per cent to Rs 560 from Rs 385. This also reflects a 58 per cent upside from the stock's market price as on Thursday
The broader markets, however, came under selling pressure. The S&P BSE MidCap and SmallCap indices ended 0.93 per cent and 0.28 per cent lower, respectively
The French company, which stunned investors last year with the delay of a COVID-19 vaccine candidate, confirmed an operating income margin target of 30%
The company had reported a net profit of Rs 905.13 crore in the October-December period of the previous fiscal
Total income from operations rose to Rs 959.52 crore in the quarter under review, from Rs 672.99 crore in the same period a year ago
Telecom company announced a net profit of Rs 854 crore, after six quarters, this week
Net Interest Income up 3.75% to Rs 28,820 cr
Its net profit stood at Rs 0.2 crore in the same period a year ago
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Healthy volume outlook, focus on debt reduction are key positives, say analysts
The company had posted a net profit of Rs 26 crore during the corresponding quarter of last fiscal, Dalmia Bharat said in a regulatory filing
ICICI Securities saw brokerage income jump 61 per cent, while Motilal Oswal saw strong traction in cash market share and the highest ever quarterly client addition
It had posted a net profit of Rs 22.52 crore during the same quarter a year ago
The company''s net profit stood at Rs 43.06 crore in the October-December period previous fiscal
The jump in profit came on the back of higher revenues
The company had posted a net profit of Rs 8.60 crore for the corresponding period previous fiscal, Thomas Cook said in a BSE filing
The total income of the company was up 5.19 per cent to Rs 25,268.56 crore from Rs 24,022.62 crore a year ago
The public sector oil and gas company's consolidated total income increased to Rs 78,324.98 crore