Page 407 - Company Results

HCL Tech Q2 profit rises 18.5% to Rs 3,142 crore, outperforms projections

Dollar revenues stood at $2,507 million, a 4.5 per cent rise in constant currency terms over the previous quarter

HDFC Bank Q2: Analysts see sub-20% profit growth despite lower provisions

Above-industry loan growth, flattish net interest margin (NIM), stable asset quality, and fewer provisions are the other elements that may mark the quarter under review

Mindtree Q2 net profit up 88% at Rs 253.7 cr, revenue grows to Rs 1,926 cr

The Bengaluru-based company saw its revenue grow marginally to Rs 1,926 crore in the quarter under review from Rs 1,914.3 crore in the year-ago period

Infosys Q2 consolidated net up 20.5% YoY at Rs 4,845 cr; ups FY21 guidance

On a sequential basis, profit grew 14.45 per cent.

Private banks may see NIMs dip in Q2FY21; loan restructuring roadmap eyed

Market participants would watch out for greater clarity on NPA recognition, loan restructuring roadmap, and credit costs for the rest of the year

Wipro Q2 PAT down 3.4% YoY at Rs 2,465.7 cr; announces Rs 9,500 cr buyback

The company had posted a profit of Rs 2,552.7 crore in the year-ago period

Analysts expect muted YoY performance in Q2FY21 from India Inc

As regards the financial sector, analysts at Credit Suisse expect the management commentary on asset quality to turn more positive given a recent pick-up in collections

EBITDA margin of Print Media to shrink by 10% in FY21: India Ratings

India Ratings and Research on Friday opined that the overall 'EBITDA' margin of print media players are likely to shrink 10 per cent on a year-on-year basis in FY21

Air India's Q1FY21 net loss stands at around Rs 2,570 crore: Puri

Air India has incurred a net loss of about Rs 2,570 crore in the first quarter of 2020-21 as compared to a net loss of Rs 785 crore sustained in the year ago period, Civil Aviation Minister said

Gold refiner Rajesh Exports June quarter net falls 50% to Rs 152.13 crore

Rajesh Exports has reported 49.61% fall in consolidated net profit at Rs 152.13 crore for the quarter ended June 30, 2020

Sterling and Wilson Solar June quarter net falls 62% to Rs 17.22 cr

Sterling and Wilson Solar Ltd said its consolidated net profit dipped 62 per cent on a year-on-year basis to Rs 17.22 crore in the June quarter mainly due to lower revenues

Covid-19 impact: SpiceJet posts Rs 600.5 crore loss for June quarter

Budget carrier SpiceJet reported a net loss of Rs 600.5 crore for the first quarter ended June 30, owing to the suspension of flight operations due to the coronavirus-induced lockdown

PVR Q1 loss at Rs 226 cr as revenue nil from core movie exhibition business

PVR Cinemas suffered a consolidated loss after tax of Rs 226 crore in Q1 of the current financial year as compared to a profit of Rs 18 crore during the corresponding period of last year

SAIL reports over Rs 1,226 cr net loss in Q1 due to reduced income

The company had posted Rs 102.68 crore net profit in the year-ago quarter, Steel Authority of India Ltd (SAIL) said in a BSE filing

ITI Ltd June quarter loss widens to Rs 102 cr due to Covid-19 crisis

The company had posted a loss of Rs 61 crore in the corresponding period of the preceding fiscal

Srei reports 46% decline in net profit at Rs 23 cr for June quarter

The company's net profit stood at Rs 42.67 crore during the same quarter a year ago

NBCC Q4 net profit down 41% at Rs 83.77 cr, total income drops Rs 2,651 cr

Its net profit stood at Rs 142.45 crore in the year-ago period, the company said in a regulatory filing

Future Ret posts pre-tax loss of Rs 562 cr in Q1, revenue falls 74%

The weak results come amid the sale of retail assets of the Future group to Reliance in a nearly Rs 25,000-crore transaction, which was announced last month

Transformers and Rectifiers (India) reports Rs 3.6 crore loss for Q1

Transformers and Rectifiers (India) on Monday reported a consolidated net loss of Rs 3.6 crore for June quarter 2020-21 mainly due to lower revenues

BHEL Q1 loss widens to Rs 893.14 cr; lockdown adversely impacts operations

State-run engineering firm BHEL's consolidated net loss widened to Rs 893.14 crore for the quarter ended June as coronavirus-induced lockdown had an adverse impact on its operations