Its net interest margin declined to 2.66% in Q1FY21 from 3.14% in Q1FY20 as it did not securitise part of portfolio in Q1FY21
Its total revenue from operations declined 33.70% to Rs 1,774.65 crore during the quarter under review as against Rs 2,677.07 crore in the corresponding quarter last year
The company's net interest income also slipped 22 per cent to Rs 487.8 crore during April-June, as against Rs 625.5 crore in year-ago period
Pandemic induced lockdown saw volumes fall 65%, revenue decline by 60%
The company's net profit at Rs 303.14 crore for the quarter under review, was 79 per cent lower than the net profit of Rs 1,472.58 crore reported last year
The company recorded a growth of 6 per cent in consolidated revenue at Rs 663 crore for the quarter under review as against Rs 623 crore in the same quarter of FY20
Revenue from operations during the quarter under review stood at Rs 107.68 crore as compared to Rs 88.86 crore in the year-ago period
Company attributes the huge spike to a strong show in the international markets
Media firm TV18 Broadcast Ltd on Wednesday reported a 91.88 per cent decline in consolidated net profit at Rs 1.88 crore for the first quarter ended June 2020
Drug firm Alembic Pharmaceuticals reported more than two-fold jump in net profit to Rs 301.46 crore for the quarter ended on June 30, 2020, mainly on account of robust sales in international markets
Value of new business, a measure of profitability for life insurers, was down 43 per cent to Rs 291 crore in Q1FY21 from Rs 509 crore
There was a decline of 29 per cent in individual new business premium, while individual rated premium slipped by 36 per cent
VNB for Q1FY21 stood at Rs 201 crores with an expansion in VNB margin from 21.0% in Q1FY20 to 24.4% in Q1FY21
Net profit down 19 per cent to Rs 962 crore from Rs 1,195 crore in Q1FY20
he urged the government to introduce much-needed reforms in land acquisition, competency & skill building to achieve desired outcomes under 'Aatmanirbhar Bharat'
Total income stood at Rs 178.3 crore for the quarter under review, down 4 per cent from Rs 185 crore reported in the April-June period of 2019-20
The company said its priority remains delivering a safe workplace and business ecosystem for occupiers and their employees
The April - June 2020 quarter (Q1FY21) has been an unprecedented period with the Covid-19-induced lockdown impacting manufacturing and supply chain operations
Companies with higher exports are likely to benefit due to the rupee depreciation against the US dollar.
These companies reported an increase in revenue and/or profit before tax for the March quarter