Bajaj Auto, Bajaj Finance, Tata Power in focus

Bajaj Auto, Dr Reddy's Laboratories and UltraTech Cement will declare their Q4 results today, 20 May 2020.

Bajaj Finance's consolidated net profit declined 19% to Rs 948 crore on 36% increase in total income to Rs 7,231 crore in Q4 March 2020 over Q4 March 2019.

On a consolidated basis, profit before tax (PBT) stood at Rs 1,278 crore in Q4 FY20, down by 29% from Rs 1,812 crore reported in Q4 FY19. Net interest income jumped 38% to Rs 4,684 crore in Q4 FY20 over Q4 FY19. Total operating expenses in the fourth quarter increased 25% to Rs 1,452 crore from Rs 1,164 crore in the corresponding period last year. New loans booked during Q4 FY20 increased by 3% to 6.03 million from 5.83 million in Q4 FY19.

Tata Power Company's consolidated net profit surged 230.45% to Rs 402.59 crore on 1.37% fall in total income to Rs 7,953.73 crore in Q4 March 2020 over Q4 March 2019.

Ujjivan Small Finance Bank's net profit rose 14.69% to Rs 73.15 crore on 34.44% rise in total income to Rs 809.65 crore in Q4 March 2020 over Q4 March 2019.

On a consolidated basis, net loss of JMC Projects (India) was Rs 54.76 crore in Q4 March 2020 as against net profit of Rs 35.24 crore in Q4 March 2019. Sales declined 0.43% to Rs 976.28 crore in the quarter ended March 2020 as against Rs 980.46 crore during the previous quarter ended March 2019.

PPAP Automotive said the company has resumed its operations at its Delhi and Uttar Pradesh facilities in line with all the safety guidelines / directives issued by the Central / State Governments and local administration to safeguard the employees and other stakeholders to prevent the spread of COVID- 19.

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