L&T booked orders worth Rs 23,574 crore - a 39 per cent drop from the Rs 38,700 crore in Q1FY20.
Thanks to in-home consumption and a focus on hygiene and health, HUL said these brands contributed significantly to growth within its essentials portfolio, which constitutes 80% of its business
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Media firm TV18 Broadcast Ltd on Wednesday reported a 91.88 per cent decline in consolidated net profit at Rs 1.88 crore for the first quarter ended June 2020
The company reported a net profit of Rs 301 crore in Q1FY21, against Rs 124 crore in the year-ago quarter.
The results outcome have seen profit booking on the gap up opening
With volume growth expected to be soft in FY21, higher base metal prices are crucial for upgrades
Higher provisioning in line with priority to mitigate balance-sheet risk
The company reported a year on year decline of 32.6 per cent in new business premium to Rs 1,499 crore in Q1FY21 compared to Rs 2,226 crore in the year ago period
The value of new business was down 29 per cent year on year to Rs 240 crore.
Gross non-performing assets (GNPA) stood at 4.72 per cent, compared with 5.25 per cent in the year ago quarter and 4.86 per cent in the fourth quarter
Excluding the GSK business, overall revenue declined 7 per cent in the quarter, Srinivas Phatak, chief financial officer, HUL, said in a virtual press meet
Its total expenses increased 5.42 per cent to Rs 8,324 crore in Q1 FY2020-21, compared to Rs 7,896
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Notably, 97-98 per cent of the customers under moratorium have no overdue and have received their salary, indicating no major concern
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The company said its priority remains delivering a safe workplace and business ecosystem for occupiers and their employees
Companies with higher exports are likely to benefit due to the rupee depreciation against the US dollar.
Net profit for reporting quarter rises by 19.6 per cent to Rs 6,658.62 crore from net profit of Rs 5,568.16 crore in Q1FY20
The bank's net revenue grows 8% from Rs 18,264.5 in the same quarter last year to Rs 19,740.7 crore