Reliance Capital (RCap), which is undergoing insolvency process, on Friday swung back to the black and posted a consolidated net profit of Rs 215.23 crore for the quarter ended September 2022. The non-banking finance company had posted a consolidated net loss of Rs 1,115.56 crore in the year ago quarter ended September 2021. Also, there [...]
Adani Power on Friday posted a consolidated net profit of Rs 696 crore for September quarter 2022-23, mainly due to higher one-time income. In the year-ago period, it incurred a net loss of Rs 231 crore, a company statement said. Total income was 52 per cent higher at Rs 8,446 crore as against Rs 5,572 [...]
Adani Green Energy on Thursday posted a 49 per cent rise in its consolidated net profit at Rs 149 crore in September quarter of FY23 compared to a year ago, mainly due to higher revenues. The consolidated net profit of the company was Rs 100 crore in the quarter ended on September 30, 2021, a [...]
The Indian Hotels Company (IHCL) on Thursday reported a consolidated profit after tax (PAT) of Rs 129.59 crore for the September quarter following growth in travel demand. The company has posted a loss of Rs 130.92 crore during the corresponding quarter in the previous financial year, IHCL said in a statement. Revenue from operations grew [...]
Hinduja group flagship Ashok Leyland has reported a profit after tax of Rs 199 crore for the second quarter ended September 30, aided by robust sales across segments. It had posted a net loss of Rs 83 crore in the September 2021 quarter, the commercial vehicle major stated in a late-night regulatory filing on Thursday. [...]
Pricol Ltd has recorded a consolidated profit for the July-September 2022 quarter at Rs 47.52 crore, the company said on Friday. The city-based automotive technology company had registered consolidated profit at Rs 14.66 crore during corresponding quarter of previous year. For the half year ending September 30, 2022 the consolidated profit grew to Rs 68.12 [...]
Eicher Motors on Thursday said its consolidated profit after tax increased 76 per cent to Rs 657 crore in September quarter, aided by brisk sales across domestic and international markets. The company had reported a net profit of Rs 373 crore for July-September 2021-22. Total revenue from operations increased to Rs 3,519 crore from Rs [...]
Two private company executives were arrested on Thursday by the Enforcement Directorate (ED) in a case related to alleged irregularities in the now-scrapped Delhi excise policy in which Delhi Deputy Chief Minister Manish Sisodia is an accused. The two arrested were Benoy Babu, general manager of liquor company Pernod Ricard, and P Sarath Chandra Reddy, [...]
Power Finance Corporation (PFC) on Thursday posted its highest ever quarterly profit after tax of Rs 5,229.33 crore for September quarter 2022-23 mainly due to higher revenues. The consolidated profit is 4 per cent higher as compared to the year-ago period when it logged a profit of Rs 5,023.42 crore, it said in a BSE [...]