Management believes worst is behind, but analysts say recovery will be tough
The lender's net interest income rose 16.4 per cent year on year to Rs 3,309 crore
Analysts estimate net profit to come down in 1st quarter
The gross non-performing assets ratio improved to 3.45 per cent as against 3.62% in March, but was higher than 1.38% in the year-ago period
Tata Coffee Ltd on Tuesday reported a 77 per cent increase in consolidated net profit at Rs 62 crore for the quarter ended June
While revenue for the quarter rose, it was sluggish at Rs 3,050 crore versus Rs 3,000 crore reported a year ago
The IT company had reported a net profit of Rs 100.6 crore in April-June period of the last financial year, NIIT Technologies said in a statement
Nestle India's domestic sales rose 2.55 per cent to Rs 2,907.74 crore in April-June quarter as against Rs 2,835.37 crore a year ago
Total provisions and contingencies, including Covid-related provisions, rose to Rs 962 crore in Q1 FY21 compared to Rs 317 crore in the year ago quarter
Company had seen business recovery since ownership change, says it has onboarded more than 370 institutional investors after Reliance Capital exited
Revenue stood at Rs 514.89 crore against Rs 544.40 crore for the same period a year ago
The consolidated profit after tax for the quarter was down 21 per cent at Rs 704 crore from Rs 887 crore in the same period last year.
Firm says given the current pandemic situation and the plight of the construction industry, the firm's performance can be considered as good
The company's operational expenses and cost of material fell to Rs 315.66 crore in the June quarter from Rs 685.61 crore
Shares of United Spirits Ltd on Monday settled at Rs 590.90 apiece on the BSE, down 1.36 per cent from the previous close
The net profit had stood at Rs 887 crore in the corresponding quarter of previous year
The consolidated revenue stood at Rs 9,106 crore in the quarter under review, up 5.2 per cent from Rs 8,653 crore in the year-ago period
Its total expenses declined 7.39 per cent to Rs 1,501 crore in Q1 FY 2020-21, compared to Rs 1,752 crore
Company shut down operations late March, when govt announced the first nationwide restrictions to contain the coronavirus
In US dollar terms, revenue grew 9.5 per cent YoY to $131.02 million. Sequentially, the numbers increased by 3.1 per cent.