Top headlines: Maruti Suzuki Q4 net drops 10%: record Covid cases in Kerala

Maruti Suzuki Q4 net declines 10% on supply chain disruptions, higher raw material costs, Bajaj Finance posts profit of Rs 1,347 crore in March quarter, and other top news of the day

covid testing
BS Web Team New Delhi
2 min read Last Updated : Apr 27 2021 | 8:43 PM IST
Maruti Suzuki Q4 net profit dips 10%
 
Maruti Suzuki India Ltd reported a near 10% drop in quarterly profit on Tuesday and lower margins as the country's largest carmaker was hurt by a rise in raw material costs and supply chain disruptions due to the Covid-19 pandemic. Read here
 
Axis Bank posts Rs 2,677 cr profit in Q4
 
Axis Bank on Tuesday reported a standalone net profit of Rs 2,677 crore for the fourth quarter ending March as provisioning for bad loans eased. The private sector lender had reported a loss of Rs 1,387.78 crore in the same quarter of the previous financial year. Read here
 
Bajaj Fin Q4 consolidated net jumps 42%
 
Bajaj Finance (BFL) on Tuesday reported a 42 per cent jump in consolidated net profit at Rs 1,347 crore for the fourth quarter of the fiscal ended March 2021. The company's net profit stood at Rs 948 crore in the January-March period of the preceding fiscal year 2019-20. Read here
 
Kerala logs nearly 33,000 new Covid cases
 
In the highest single day surge, Kerala on Tuesday recorded 32,819 new Covid-19 cases, pushing the infection count to 14,60,364,while the active cases mounted to 2,47,181, prompting Chief Minister Pinarayi Vijayan to term the situation as serious.
Eighty-six health workers were among those who tested positive today. Read here

One subscription. Two world-class reads.

Already subscribed? Log in

Subscribe to read the full story →
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

Topics :Q4 Resultstop news of the dayAxis BankMaruti Suzuki

Next Story