Page 4 - Income

IRCTC's June quarter profit at Rs 87 crore vs Rs 25 crore loss a year ago

Internet ticketing revenue regains over comparable quarter; Board approves share 1:5 split

Sa-Dhan moots uniform tool for income assessment of microfinance borrowers

Says it has developed a credit assessment tool for supporting the sector in getting accurate income assessments

India growth, steady margins are key to near-term upsides for Cipla

Over the medium term, success of the new launches in the US would drive gains

Hindalco Q1 consolidated PAT at Rs 2,787 cr vs loss of Rs 709 cr a year ago

The Aditya Birla Group firm's topline stood at Rs 41,358 crore, up 63% from same period last year with Novelis contributing strongly at Rs 28,428 cr

Torrent Power Q1 net down 44% to Rs 208 cr, revenue up marginally

The company recently signed a Securities Purchase Agreement with a JV of Lightsource BP and UKCI to acquire a 50 Mw solar power project at Maharashtra for an enterprise value of Rs 317 cr

GAIL consolidated Q1 profit up more than three-fold at Rs 2,157 crore

Consolidated total income stood at Rs 17,702.43 crore during the quarter ended June 30, 2021, up from Rs 12,339.12 crore in the same months of financial year 2020-21

Adani Power post PAT of Rs 278 cr in Q1FY22 versus Rs 682 loss a year ago

Receives LoI for acquiring Essar Power MP from Resolution Professional

Adani Wilmar FY21 profit jumps 58% to Rs 728 cr; income up 25%

Adani Wilmar, which markets its cooking oils and other items under Fortune brand, filed a draft red herring prospectus with Sebi to launch its IPO to raise up to Rs 4,500 crore.

RIL consolidated Q1 PAT falls 7% to Rs 12,273 crore, beats estimate

Exceptional gains in year-ago quarter pulls down profit; O2C and digital services key drivers, retail impacted by lockdowns

Yes Bank Q1 net up 355% YoY at Rs 207 cr on surge in non-interest income

Sequentially, the bank had booked a loss of Rs 3,788 crore in the quarter ended March 2021 (Q4FY21)

SBI Cards Q1 net down 22.5% YoY on higher provisions, lower interest income

Impairment losses and bad debts rose by 33 per cent YoY to Rs 645 crore

Andhra govt increases income limit for issuance of OBC certificate

Andhra Pradesh government has enhanced the income limit for issuances of OBC certificate from Rs 6 lakh per annum to Rs 8 lakh per annum

Power Grid posts 6% growth in FY21 PAT at Rs 12,036 cr; net income rises 9%

For the quarter ending March, 2021, the total Income and profit after tax stood at Rs 10,816 crore and Rs 3,526 crore respectively.

Non-life insurers' premium income rise 11.35% YoY in May to Rs 12,316 cr

Month-on-month, premium income declines 28.84% from April levels

Four-fifths of income losses during 1st wave incurred by pvt sector: Report

Almost 80% of all income losses during the first wave of the pandemic in 2020 were incurred by the private sector in India, while in many other countries the entire loss was on respective governments

Income volatility: The new gorilla in the room

The consumption problem is one of high volatility in incomes

May need to reverse Rs 800 cr in interest income: YES Bank's Prashant Kumar

A back-of-the-envelope calculation says interest reversal will be to the tune of Rs 700-800 crore in that particular quarter, says Kumar

Govt rejects online survey claiming 80% working Indians had income loss

"It is an online survey with a sample set of only 599. A sample of only 599 people surveyed online is no way representative of the entire country," the government said

Govt may tighten presumptive taxation norms, do away with some deductions

The slab rationalisation exercise will cost the exchequer Rs 70,000-80,000 crore

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