The bank's asset quality worsened with the gross NPAs spiking to 4.09% of the gross advances as of March 31, 2021
Total income rises 19% to Rs 7,460 cr
Provisions of the lender nearly doubled to 1,594 cr in Q4FY21 as compared to Rs 827 cr in Q4FY20
During the last quarter ended March of FY21, the lender reported a net profit of Rs 42.89 crore against a loss of Rs 59.70 crore in the same quarter of 2019-20
Provisions and contingencies spiked by 93% to Rs 1,594 crin Q4FY21 as compared with Rs 827 cr in Q4FY20
Board okays re-appointment of Keki Mistry as vice-chairman, CEO for 3 more years
Net sales of the Aditya Birla Group company stood at Rs 14,405 cr in the final quarter of FY21, up 33% from same period last year on strong demand for the commodity
The maker of honey, chyawanprash, oils and juices had reported a net profit of Rs 281.6 crore last year
HDFC has recommended a final dividend of Rs 23 per equity share
'While a late recovery towards the second half of FY21 saw the company gain strong volumes, the broader market continues to suffer in view of the recent Covid surge,' says Pawan Munjal
Company extends factory closure to May 10; expects normalcy to return by second quarter
While announcing the earnings, which was the best in a decade for ArcelorMittal, the company said in the 1Q21, AMNS India achieved solid production, annualising at 7.3 million tonnes (Mt)
But the forecast at 7-9% does not match Infosys' 12-14%; While TCS does not give guidance, its management is sure of double-digit growth
The firm's revenue for fiscal 2021 was down 14% to Rs 8,840 cr on a consolidated basis
Its revenue from operations rose 26.2 per cent to Rs 3,037 crore from Rs 2,405 crore reported in the same quarter last year
Global brokerage HSBC has upgraded HDFC to 'Buy' given its dominant market position and execution capabilities which, the brokerage says, should allow it to continue gaining market share
Restrictions have hurt discretionary, out-of-home categories the most
Third private sector company to report quarterly revenue of Rs 50,000 crore
Adani Ports' operating revenue for Q4FY21 grew by 24% to Rs 3,608 crore
Revenue for Q4FY21 grew 8.5% at Rs 3,269 cr