Reliance Power on Thursday posted a consolidated net loss of Rs 1.88 crore for the quarter ended June 30, 2020. In the year-ago same period, the company logged a profit of Rs 36.19 crore, a regulatory filing said. Total income of the company fell to Rs 2,137.10 crore in the first quarter from Rs 2,163.39 crore in the year-ago period, it said. The consolidated net loss of the company in 2019-20 was Rs 4,255.37 crore. Total income was Rs 8,202.41 crore. The group is engaged in only one segment -- Generation of Power -- and hence, there is no separate reportable segment. The company said the group is confident of meeting its obligations by generating sufficient cash flows through time bound monetisation of gas-based power plant equipment and other assets of certain subsidiaries, as also realize the amount from ongoing regulatory or arbitration claims. Considering the dependence on these material uncertain events and realisation of assets, the group is confident that such cash flows
Revenue from operations came in at Rs 91,238 crore, down 43.8 per cent from the June 2019 quarter
Diversified financial services company Cholamandalam Investment and Finance on Thursday reported a 37 per cent jump in net profit at Rs 431 crore in the quarter ended June, driven by lower expenses.
AirAsia X's fleet was grounded in mid-April apart from a limited number of cargo and charter flights
Consolidated revenue from operations stood at Rs 2,937.34 crore during the quarter under review as against Rs 3,186.82 crore in the same period a year ago
Consolidated revenue from operations stood at Rs 422.33 crore. It was Rs 901.03 crore in the year-ago quarter
Asset quality improved, with gross non-performing assets (NPAs) falling to 8.34 per cent of gross advances as on June 30, 2020 from 9.17 per cent a year ago
Dabur said during the quarter the company introduced a record number of new products and variants anchored on the consumer need for health, immunity and hygiene
The sale of power volume grew 14.5% to 14,878 million units at the Indian Energy Exchange in June quarter as compared to 12,990 million units in the same period last year, the official data showed
Normalising US and India sales likely to drive earnings in FY21
But interest among first-time buyers may help it boost market share
The company posted a pre-tax loss of Rs 370 crore, as compared with a profit of Rs 1,853 crore in the year-ago quarter
The firm, however, posted an over 2x jump in profit before tax (PBT) of Rs 372 crore for the quarter ended June (Q1) before exceptional items
Posts loss of Rs 2,843 cr in Q1FY21 against PBT of Rs 1,509 cr Q1FY20
An analysis of 12 brokerage research reports shows that expectations for RIL's net profit for the quarter ended June 2020 ranges from Rs 4,600 crore to Rs 8,083 crore.
The non-banking finance company (NBFC) had registered a net profit of Rs 266.78 crore in the same period of the previous fiscal year
Sunteck Realty's net profit stood at Rs 33.20 crore in the year-ago period
Singapore Airlines reported a $816.73 million first-quarter net loss after drastically cutting capacity due to the decline in demand and travel restrictions associated with the coronavirus pandemic
The company's consolidated revenues rose 15 per cent to Rs 4,418 crore, mainly due to growth in US formulations
Better-than-expected realisations and lower costs led to improvement in per-tonne profitability