Reliance Industries' consolidated net profit, of Rs 13,101 crore in the December quarter, jumped 37 per cent sequentially, and beat Street expectations of a 32 per cent QoQ profit improvement
Analysts expect Public Sector Banks' net profit to plunge a massive 43 percent on year, and 71 per cent sequentially
During the three months to December, Brent crude prices declined 28 per cent YoY while domestic aviation turbine fuel (ATF) prices plunged 31 per cent YoY
The Kolkata-based bank had reported a net loss of Rs 960.17 crore during the October-December period of the previous fiscal year
The company's net profit more than doubled to Rs 1,584 crore in the quarter ended December 31, 2020
Analysts at HDFC Securities forecast a 71.5 per cent sequential growth in Larsen and Toubro's consolidated net profit at Rs 1,980 crore for the quarter under review
Debt reduction, gains from digital priced in
The company, however, faced cost pressure in the December quarter, with an increase in raw material, power and fuel costs
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From its previous close of Rs 441.95 apiece on Thursday, the stock closed 10.89 per cent or Rs 48.15 lower at Rs 393.80, on Friday
Analysts hike earnings estimates but remain cautious over its margins
HDFC Life Insurance reported a 5.89 per cent rise in its quarterly net profit to Rs 264.99 crore
Net premium income up almost 18%, revenue from investment rises more than 3x
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Yearly numbers are not comparable, RIL said, since the petro retail business, which makes up 40 per cent of the company's retail revenues, has been demerged
Company plans commissioning multiple projects in Q4
Jio Platforms, which provides digital and telecom services, had posted a net profit of Rs 3,020 crore in the previous quarter
The retail arm of Reliance Industries had posted a pre-tax profit or EBITDA (earnings before interest, tax, depreciation and amortisation) of Rs 2,736 crore in October-December quarter a year ago
Crompton Greaves Consumer Electricals on Friday reported a 6.13 per cent decline in consolidated quarterly net profit