The company's operational expenses and cost of material fell to Rs 315.66 crore in the June quarter from Rs 685.61 crore
Shares of United Spirits Ltd on Monday settled at Rs 590.90 apiece on the BSE, down 1.36 per cent from the previous close
The consolidated revenue stood at Rs 9,106 crore in the quarter under review, up 5.2 per cent from Rs 8,653 crore in the year-ago period
Its total expenses declined 7.39 per cent to Rs 1,501 crore in Q1 FY 2020-21, compared to Rs 1,752 crore
With domestic air travel resuming only from May 25th, analysts expect Q1 performance to be adversely impacted due to truncated size of operations & travel restrictions by state governments
Company shut down operations late March, when govt announced the first nationwide restrictions to contain the coronavirus
To offload 4% stake in ICICI Securities. Made Covid-19 related provisions of Rs 5,550 cr in the quarter
The bank had reported net profit of Rs 1,908 crore in the same quarter last year
During the March 2020 quarter, its operational cost went up by 47.69 per cent to Rs 1,304.62 crore as against Rs 883.32 crore
Moderna shares were up slightly in extended trading, while Arbutus shares closed down 20% on Friday
The company said its cigarettes business clocked a revenue of Rs 4,330.05 crore in the first quarter, against Rs 6,141.92 crore a year ago
The firm's total expenses also dropped to Rs 12,504 crore, against Rs 18,164 crore a year ago
Revenue from Home Improvement was at Rs 52.09 crore compared to Rs 107.84 crore last year
Textile firm Welspun Indiaon Friday reported a 65.56 per cent decline in consolidated net profit to Rs 53.75 crore for the quarter ended June on account of lower income
Crompton Greaves Consumer Electricals on Friday reported a 38.90 per cent decline in its consolidated profit to Rs 74.80 crore for the quarter ended June 30, 2020, due to lower income
A more optimistic estimate by analysts at Nirmal Bang Institutional Equities pegs the profit at Rs 4,016.4 crore, up a whopping 110.5 per cent YoY and 228.8 per cent QoQ
High R&D spend, low profitability in research services due to Covid-19 pull down net profit
In the June quarter, the PBT stood at Rs 380.4 crore. Post-taxes, the profit was up 4 per cent year-on-year basis, at Rs 302 crore
Operating revenue fell 7 per cent to Rs 991.2 crore in the reported quarter from Rs 1,066.1 crore in the corresponding period of previous financial year, it added
"Covid-19 impacted performance. Project execution significantly impacted due to lockdown. Production and delivery was hurt due to logistics challenges," STL said in a presentation