Q4 Earnings

The company had posted a consolidated profit after tax of Rs 41.92 crore in the corresponding period of the previous financial year, Minda Corporation said in a regulatory filing

Earnings per share increased to Rs 13.02 in Q4 FY20 as compared to Rs 10.16 in Q4 FY19, it said in a statement late on Friday after the closing of market hours

Q4 was weaker than demonetisation and GST times; Q1 could witness even more pain

Experts attribute the higher payout to the change in dividend law and cut in corporate income tax.

The lender made extra provisions of Rs 700 crore on account of Covid-19 equivalent to 1 per cent of the loan book.

The company's revenue from operations declined by 7 per cent to Rs 104,489 crore for the period under review, compared to Rs 112,539 crore in Q4FY19.

FMCG, cigarette biz provide cheer, but all eyes on sustenance

The company had a profit of Rs 4,252.50 crore in the corresponding period last year

It had earned a revenue of Rs 523.46 crore during the similar quarter of the 2018-19 financial year year with a pre-tax profit of Rs 1.22 crore.

ONGC, Tata Steel, and Zee Entertainment were some of the Nifty50 firms which were yet to disclose their numbers until Friday

Rural markets, which account for around one-third of the industry and have been the key driver of growth in recent years, witnessed a steep fall in growth rates

This is one of the steepest declines in the firm's near-50-year history; Revenue down 16.81% to Rs 532.68 cr

The bank made a one time provisioning of Rs 255 crore on some large value non performing assets (NPA) it sold to an asset reconstruction company in 2017

With this, the bank has met the final parameter to come out from the Reserve Bank of India's Prompt Corrective Action (PCA) framework, which was imposed in 2015.

Lender had posted pre-tax profit of Rs 405.7 cr in same quarter of 2018-19; plans to raise Rs 2,000 cr capital in Q3FY21

Auto major has posted Rs 806 cr profit in year-ago quarter

Provisioning for bad loans and contingencies during the quarter under review fell to Rs 1,060.38 crore as against Rs 4,501.92 crore in the year-ago quarter

Drop in NII adds to impact, lender plans to raise 6,000-8,000 cr in capital in FY21

The consolidated revenue for the period under review has seen a decline by 6 per cent, from Rs 19,078.3 crore during the January-March quarter of 2018-19 (FY19) to Rs 17,938 crore in Q4 FY20

The company said due to Covid-19 and changes in the oil market scenario there was a significant fall in oil prices which led to a write down of Rs 6,855 crore in valuation of inventories below cost