The pressure on e-auction premiums, commodity prices led by coronavirus spread and stake sale overhang remain key concerns
For the quarter under review, IRCTC posted a whopping 178 per cent year-on-year (YoY) jump in its net profit at Rs 206 crore
In the past one year, shares of the company have slipped 51 per cent against nearly 12 per cent rise in the Nifty50 index.
Other factors that should benefit GAIL include the new US liquefaction terminals, and inclusion of gas in GST
Nalco despite being an integrated player was negatively impacted from fragile alumina prices
The Indian economy remained weak during the quarter and domestic steel prices reached a nadir in October 2019, the company said.
Formulation sales in US up 16% sequentially to Rs 1,675 cr, rest-of-the-world biz consisting of multiple emerging markets grew by 21%
Battery maker Exide Industries Ltd on Tuesday reported a 16.76 per cent decline in consolidated net profit at Rs 118.15 crore for the third quarter ended December 31, 2019. The company had posted a consolidated net profit of Rs 141.94 crore in the same period last fiscal, Exide Industries said in a regulatory filing. Revenue from operations during the period under review stood at Rs 3,553.64 crore, as compared to Rs 3,283.4 crore in the year-ago quarter, it added. Commenting on the performance, Exide Industries MD & CEO G Chatterjee said while original equipment manufacturer (OEM) demand for automotive batteries remain subdued, growth in sales of automotive and UPS batteries continue. "Exports also did well. Demand for telecom and other infrastructure batteries were under pressure during the third quarter," he added. The company continues to focus on cost control and technology upgradation, as strategies to improve the bottom-line, Chatterjee further said.
Net interest income up 24% to Rs 4,118 cr; GNPAs at same level as last year
Expects Rs 3,530 crore expansion programme to be completed in near future
The specific loan loss provisions in the current quarter include one-offs of approximately Rs 700 crore, primarily relating to some corporate accounts
HCL Tech reported a 15.5 per cent rise in annual revenue in constant currency to Rs 18,135 crore
The company's operating profit declined 26 per cent year on year at Rs 20.39 crore in Q3FY20, against Rs 27.48 crore in the year-ago quarter.
Online sales rose 41%, higher than the previous quarter's increase of 37 pct and greater than the company's expectation of 35%
The combined net profit of 94 companies that have declared their results for the October-December 2018 quarter stood at Rs 35,723 crore, up from Rs 32,452 crore a year ago