The bank suffered a net loss of Rs 112 crore for the quarter due to a Rs 2,138-crore one-off deferred tax asset
The bank had registered a net profit of Rs 27 crore in July-September quarter of the previous financial year
The revenue of the company saw an increase of by 15% to Rs 3,604 crore for Q2FY20
The company during the quarter has reported reduction in co-locations of 1,106 basis exit notices received
The analysts would watch out for the management's commentary on "the stressed asset cropped up recently and delay or failure for resolution in the near term which could endure higher provisions
Gross NPA largely stable at 1.38 per cent of gross advances, net NPA at 0.42 per cent
Provisions and contingencies for the quarter were up by as much as 48 per cent to Rs 2,700 crore, including loan loss provisions of Rs 2,038 crore
Total income during the second quarter of 2019-20 increased to Rs 3,711.85 crore
PVR currently operates a network of 800 screens spread over 170 properties in 69 cities across the country
Deal pipeline remains strong, company expects to improve growth in H2
The Bengaluru-based company saw its revenue grow 9.1 per cent to Rs 1,914.3 crore in the quarter under review from Rs 1,755.4 crore in the year-ago period, it added
As per analysts, FY20 is likely to remain a softer year for midcap IT on US dollar revenue growth (vs FY19 on revenue growth front).
Analysts expect refining to offset weakness in petrochemicals (petchem) and a lower tax rate benefit for the retail and telecom businesses
Edelweiss Securities expects Q2FY20 to see the slowest volume growth for consumer goods companies since Q1FY18, which was impacted by GST-related destocking.
In constant currency (CC) terms, Infosys posted revenue growth of 11.4 per cent YoY while in US dollar terms, the numbers grew 9.9 per cent.
Total income during the second quarter of 2019-20 rose to Rs 8,877.53 crore from Rs 6,755.37 crore in the year-ago period
Infosys, in its June quarter results announcement, had revised its FY20 revenue guidance to 8.5-10 per cent year-on-year (YoY) in constant currency (CC) terms
It's only the second bond sale in Uber's 10-year history
Gillette India net profit rises 32.3% at Rs 45.82 crore in June quarter
The bank had posted a loss of Rs 2,409.89 crore in the April-June quarter of 2018-19