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
The bank clocked a profit of Rs 251.79 crore in January-March 2018-19. In December quarter also, there was a profit of Rs 105.52 crore.
Drop in NII adds to impact, lender plans to raise 6,000-8,000 cr in capital in FY21
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
Firm had earned a profit before tax of Rs 62.17 crore a year ago
IOC said the company is consistently valuing its inventories at cost or net realisable value (NRV) whichever is lower
The bank had registered a net loss of Rs 551.53 crore during the corresponding January-March 2019 quarter
Shares of India Cements on Wednesday were trading at Rs 128.00 on BSE, down 2.81 per cent from the previous close
Net profit of the Mumbai-based company fell 2.1 per cent year-on-year to Rs 461.9 crore in Q4, below Street estimates of Rs 512 crore as polled by Bloomberg.
Net loss of the bank stood at Rs 217.7 crore during the fourth quarter
The company had posted a net profit of Rs 110.37 crore during the January-March quarter of the previous fiscal, Berger Paints India said in a regulatory filing
Firm has seen huge drop in loan assets, with housing and other loans at the end of Q4 at Rs 66,202.68 cr from Rs 97,978.12 cr a year ago
Manufacturing entities generated a free cash flow of Rs 1,903 crore as against negative Rs 30 crore
Kajal Gandhi and Vishal Narnolia, research analysts at ICICI Securities, believe that Covid-19 breakout and merger process would lead to sluggish business growth during the quarter under review.
The bank's total income during the March quarter rose to Rs 16,388.32 crore from Rs 14,725.13 crore in the year-ago period
Net income declined to Rs 1,031.93 crore during quarter under review from Rs 2,001.30 crore in the corresponding period of the preceding fiscal
Revenue dropped 9.2 per cent to Rs 1,401.27 crore from Rs 1,543.47 crore
Revenue from operations declined to Rs 724.38 crore during the period under review from Rs 812.65 crore in the same period of 2018-19
Firm's total income up about 10% to Rs 183 cr; firm cites Covid-19 for profit numbers