Earnings before interest, tax, depreciation, and amortisation was at Rs 86 crore - a hit of 41 per cent
Multiplex chain operator Inox Leisure Ltd on Wednesday reported a consolidated net loss of Rs 73.64 crore for the June quarter as the film distribution business came to a halt due to the COVID-19 pandemic. The company had posted a net profit of Rs 27.01 crore in the April-June period a year ago, Inox Leisure said in a BSE filing. Revenue from operations slumped 99.94 per cent to Rs 0.25 crore during the quarter under review, from Rs 493.01 crore in the corresponding period of the preceding fiscal. According to the company, the unprecedented circumstances resulted in "not even a single day of operations in Q1'FY21." Total income stood at Rs 2.97 crore, down 99.40 per cent as compared to Rs 496.13 crore in Q1 FY20. Total expenses were at Rs 100.89 crore as against Rs 454.59 crore, down 77.80 per cent. "With an objective to keep the costs under a check, the Company has implemented active cost control measures and brought down major expenses including employee costs, power & fuel ...
Net sales during the quarter under review declined to Rs 2,828 crore, from Rs 4,272 crore in the year-ago period, Apollo Tyres said
Drug firm Strides Pharma Science on Wednesday reported over four-fold rise in its consolidated net profit at Rs 101.84 crore for the quarter ended June 30, 2020, mainly on account of a one-time gain. The company had posted a net profit of Rs 25.36 crore in the corresponding period of the previous fiscal, Strides Pharma Science said in a filing to the BSE. Total income of the company stood at Rs 794.10 crore in the quarter under consideration. It was at Rs 696.05 crore in the same period a year ago. The company had a gain of Rs 44.91 crore, shown as an exceptional item, in the quarter ended June this year. "We have reported strong performance across all our business in Q1 FY21 despite significant disruptions and ambiguity in the business environment due to COVID-19," Strides Pharma Science MD & CEO R Ananthanarayanan said. "While our manufacturing and supply chain continue to remain steady without any significant disruptions, we remain cautiously optimistic on the outlook of our ..
Better realisation, aggressive cost cutting drive numbers; Lockdown impact minimal as sugar industry could operate under essential category
Total income also declined to Rs 195.66 crore in the first quarter of the fiscal, from Rs 713.84 crore last year
For the quarter under review, revenue from operations was up 13.44 per cent to Rs 2,713.91 crore.
The company posted a 43 per cent year-on-year (YoY) rise in its consolidated net profit at Rs 146 crore.
Margins may be under pressure on higher raw material costs
The company posted a net profit of Rs 190.09 crore in April-June a year ago, said TCPL, earlier known as Tata Global Beverages Ltd, in a BSE filing.
21% dip in net profit to Rs 24.2 cr in Q1 was on expected lines as clients cut back on spends during the pandemic and the "worst is over for the company", small-sized tech player KPIT Technologies
The gaming business "saw a positive impact from consumers nesting during the virus outbreak," Financial Officer Hiroki Totoki said at an earnings briefing
The company's net profit rose 0.04 per cent YoY to Rs 75.71 crore for the quarter under review.
The exchange had posted a net profit of Rs 41.32 crore in the year-ago period, BSE said in a regulatory filing on the NSE
It had posted a net profit of Rs 31 crore in the corresponding period a year ago, according to a BSE filing by the company.
While operational gains will continue, firm may not turn profitable this year
The company had posted a net profit of Rs 161.58 crore in the corresponding quarter a year ago
Total income declined 58.23 per cent to Rs 647.08 crore during the quarter under review as against Rs 1,549.18 crore in the corresponding quarter a year ago
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For the April-June, 2020 quarter, Laurus Labs posted consolidated revenue of Rs 974 crore, up 77 per cent year-on-year (YoY)