Bajaj Allianz General Insurance on Thursday said its profit remained flat at Rs 1,339 crore for the 2021-22 financial year against Rs 1,330 crore in the previous financial year. Gross written premium of the company during the financial year rose by 9 per cent to Rs 13,788 crore compared to Rs 12,624 crore a year [...]
New Delhi, Apr 28 (PTI) Shares of Bajaj Auto dipped nearly 2 per cent on Thursday after the company reported a 2 per cent decline in consolidated net profit for the fourth quarter ended March 2022. Bajaj Auto stock declined 2.58 per cent to Rs 3,804.80 during the day on the BSE. It finally ended [...]
Vedanta Ltd on Thursday reported about 5 per cent decline in its consolidated profit after tax (PAT) at Rs 7,261 crore in the March 2022 quarter on account of higher expenses. Its PAT was Rs 7,629 crore in the same quarter of 2020-21, Vedanta Ltd said in a press statement. However, during the January-March period, [...]
SBI Life Insurance (SBI Life) on Thursday reported a 26.3 per cent rise in its net profit at Rs 672 crore for quarter ended March 2022. The life insurer had posted a net profit of Rs 532 crore in the year-ago quarter. Total income of the company during the January-March quarter of 2021-22 rose to [...]
Broadband technology firm Sterlite Technologies on Thursday reported a consolidated loss of Rs 22.44 crore in the fourth quarter ended March 31, 2022. The company had posted a net profit of Rs 124 crore in the same period a year ago. The revenue from operations of Sterlite Technologies (STL) grew by 7.2 per cent to [...]
New Delhi, Apr 28 (PTI) Toyota Kirloskar Motor (TKM) on Thursday said it has reached the 20 lakh units cumulative wholesales milestone ever since its inception in India. The company, which started production in the country in December 1999, said it achieved the feat in April 2022, while handing over a new Glanza hatchback at [...]
Bajaj Finserv Ltd (BFS) on Thursday reported a 37.5 per cent rise in its consolidated net profit to Rs 1,346 crore for the quarter ended March 2022. BFS, the holding company of various financial businesses under the Bajaj group, had reported a net profit of Rs 979 crore in the year-ago period. Its consolidated total [...]
Mumbai, Apr 28 (PTI) Mid-tier IT company Persistent Systems is set to achieve its long-held aspiration of the yearly revenue rate touching USD 1 billion by the September 2023 quarter, a top official said on Thursday. The Pune-headquartered company posted a 42 per cent jump in revenue to USD 217 million in the March quarter, [...]
Procter & Gamble Hygiene and Health Care Ltd on Thursday reported a 4.59 per cent increase in its net profit to Rs 102.85 crore for the third quarter ended March 2022. The company, which follows July-June financial year, had posted a net profit of Rs 98.33 crore in the corresponding period last year, Procter & [...]
State-owned Bank of Maharashtra on Thursday reported an over two-fold increase in its consolidated net profit at Rs 355 crore in the quarter ended March, helped by a fall in the bad loan proportions, thus requiring lesser provisioning. The Pune-based lender had posted a net profit of Rs 165.23 crore in the year-ago period. Total [...]
