Morepen Laboratories on Tuesday said its net profit declined 9.54 per cent to Rs 21.52 crore in the third quarter ended December 31, 2021. The drug maker had reported a net profit of Rs 23.79 crore in the same period of previous fiscal year. Net revenue however rose to Rs 399.19 crore in the third [...]
Bajaj Electricals Ltd on Tuesday reported a decline of 50.94 per cent in its consolidated net profit to Rs 48.17 crore for the third quarter ended December 2021. The company had posted a net profit of Rs 98.19 crore in the October-December quarter of the previous fiscal, Bajaj Electricals said in a regulatory filing. Its [...]
GANDHINAGAR, India, Feb. 8, 2022 /PRNewswire/ -- The Board of Directors of GACL at its Meeting held at Gandhinagar on 8th February, 2022 approved the unaudited financial results for the third quarter and the nine months ended 31st December 2021. Despite aggressive competition and the volatile market conditions during the quarter ended 31st December 2021, [...]
Mumbai, Feb 8 (PTI) French automaker Renault on Tuesday said it has crossed the 8-lakh cumulative sales milestone in India, in a decade of its presence in the domestic market. It also said that despite the challenges faced by the industry owing to the pandemic and supply constraints, 2021 proved to be a remarkable year [...]
New Delhi, Feb 8 (PTI) Godrej & Boyce on Tuesday said it has bagged orders worth over Rs 550 crore in the domestic T&D (transmission and distribution) market for its power transmission business."Godrej & Boyce Mfg. Co. Ltd, one of the pioneers in manufacturing, announced that its power infrastructure and renewable energy business unit has [...]
New Delhi, Feb 7 (PTI) Telecom gear company Huawei has bagged an around Rs 150 crore order for maintenance of Bharti Airtel's transmission network, a source said on Monday. The order is part of an existing deal between Huawei and Airtel and is in compliance with the National Security Directive on Telecommunication that allows continuation [...]
New Delhi, Feb 7 (PTI) State-owned Punjab & Sind Bank (PSB) on Monday reported a net profit of Rs 301 crore for the quarter ended December 2021 as the lender saw good growth in overall business mix and better cash recoveries following its turnaround strategy started a year back. The lender had posted a net [...]
New Delhi, Feb 7 (PTI) Gujarat Industries Power Company Ltd (GIPL) on Monday reported a nearly nine per cent fall in its standalone net profit to Rs 27.91 crore for the December 2021 quarter, mainly due to lower revenues. The company had reported a standalone net profit of Rs 30.60 crore in the quarter ended [...]
New Delhi, Feb 7 (PTI) Shares of InterGlobe Aviation, the parent of IndiGo, zoomed nearly 10 per cent after the firm posted a profit after tax of Rs 129.8 crore in the three months ended December 2021. The stock jumped 9.91 per cent to settle at Rs 2,170.05 on BSE. During the day, it gained [...]
JM Financial on Monday said its consolidated net profit witnessed a 20 per cent jump to Rs 216.80 crore in the December 2021 quarter. Its consolidated income grew a moderate 8.25 per cent to Rs 964.48 crore, the city-based company, which is into equity broking, investment banking and credit, said. The company's consolidated loan book [...]