Increased utilisation, improving margins and lower debt are profit triggers going ahead
Asset quality profile improves as bad loans dip; provision coverage ratio rises to 96 per cent
KPTL has posted more than two-fold jump in consolidated net profit to Rs 308 crore
The Maggi noodles maker is expected to post double-digit revenue growth in its profit after tax (PAT) for the fourth quarter of the financial year 2020
Tata Motors, on Friday, said it has appointed Marc Llistosella as its Chief Executive Officer and Managing Director
Company's market share in truck segment rose to 28.1 per cent during the third quarter of 2020-21 from 24.9 percent, a year ago.
Loss caused by higher provisioning coming on the back of a special audit conducted by RBI on the company and its subsidiary, Srei Equipment Finance
Edelweiss Financial Services Limited on Saturday reported a consolidated net loss of Rs 63 crore for the third quarter ended in December 2020
The record date for distribution of dividend has been fixed for February 20, 2021
The stock had run up as much as 40% since November
The rise in profit is despite consolidated total income declining to Rs 7427.90 crore during the period under review from Rs 8994.39 crore in the comparable period
Glenmark on Friday reported a 30.04 percent rise in its consolidated net profit to Rs 248.17 crore for the quarter ended December 2020
PTC India on Friday posted a nearly 80 per cent rise in consolidated net profit at Rs 114.15 crore for the December quarter.
The New India Assurance Company Ltd on Friday posted a 5.9 per cent rise in consolidated net profit at Rs 523.89 crore for the third quarter ended December 2020.
Inox Wind on Friday said its consolidated net loss widens to Rs 51.97 crore in the December quarter. It had reported Rs 27.47 crore loss in the same period a year ago. The total income rose to Rs 209.44 crore in the quarter ended December 2020 from Rs 179.76 crore a year ago, the company said in a BSE filing. "Considering that the group is in the business of Manufacturing of Wind Turbine Generator which falls under the Renewable Energy sector being the priority sector, the management believes that the impact of this (pandemic) outbreak on the business and financial position of the group will not be significant. "The management does not see any risks in the group's ability to continue as a going concern and meeting its liabilities as and when they fall due," the company said. The group is engaged in the business of manufacture of wind turbine generators and also provides related erection, procurement & commissioning (EPC) services, operations & maintenance (O&M) and common .
New launches of beverages expected ahead of summer
Standalone revenues of the healthcare services division declined by 4 per cent to Rs 1,240.7 crore in the latest December quarter
The company clocked a profit of Rs 50.27 crore in the year-ago period, a BSE filing said
The total income surged 142 per cent to Rs 63 crore during the quarter under review, as against a topline of Rs 26 crore a year ago, GOCL Corporation said in a release
State-run Cochin Shipyard on Friday posted a 32 per cent rise in consolidated net profit at Rs 223.73 crore during the quarter ended December.