New Delhi, Jan 31 (PTI) Godawari Power and Ispat Ltd (GPIL) on Monday reported an over two-fold jump in net profit at Rs 336.87 crore for the quarter ended December 31, 2021. In the year-ago quarter, the company's "net profit from ordinary activities after tax" stood at Rs 166.36 crore. Total income from operations was [...]
New Delhi, Jan 31 (PTI) Disinvestment-bound Shipping Corporation of India on Monday reported a 136.78 per cent jump in consolidated profit to Rs 311.54 crore for the quarter ended December 31, 2021. The company had posted a consolidated profit of Rs 131.57 crore in the corresponding quarter of the previous financial year, Shipping Corporation of [...]
New Delhi, Jan 31 (PTI) C K Birla group firm Orient Cement Ltd on Monday reported an 18.9 per cent decline in its net profit to Rs 43.67 crore for the third quarter ended December 31, 2021. It had posted a net profit of Rs 53.88 crore in the corresponding quarter last year, Orient Cement [...]
Thiruvananthapuram, Kerala, India (NewsVoir) Despite the overall stressful economic situation owing to the COVID-19 pandemic, the Kerala State Industrial Development Corporation managed a stellar performance in the first three quarters of the current fiscal. The 325th Board meeting of KSIDC held on 22.01.2022 considered the business performance of the Corporation for the first 9 months [...]
Kolkata, Jan 31 (PTI) The net profit of UCO Bank during the third quarter (Q3) of the current fiscal increased 775 per cent at Rs 310.4 crore against Rs 35.44 crore in the previous similar period, an official of the lender said on Monday. The operating profit of the PSU bank is Rs 1340 crore [...]
Homegrown auto major Tata Motors on Monday reported a consolidated net loss of Rs 1,451.05 crore for the third quarter ended December 31, 2021, dragged down by the impact of semiconductor shortage on its British arm Jaguar Land Rover (JLR). The company had posted a consolidated net profit of Rs 2,941.48 crore in the same [...]
Ajanta Pharma on Monday said its consolidated net profit increased by 8.57 per cent to Rs 191.78 crore for the third quarter ended December 2021. The Mumbai-based drug firm had reported a net profit of Rs 176.63 crore in the same period of the previous fiscal. Revenue from operations rose to Rs 837.91 crore for [...]
Mumbai, Jan 31 (PTI) Leading basmati rice firm LT Foods on Monday posted a 11.10 per cent rise in consolidated net profit to Rs 76.92 crore for the December 2021 quarter. The company's net profit for the corresponding quarter of FY21 stood at Rs 69.23 crore, it said in a regulatory filing. Revenue from operations [...]
New Delhi, Jan 31 (PTI) The telecom sector reforms are poised to boost 4G proliferation, infuse liquidity and create an enabling environment for investment into 5G networks, according to Economic Survey 2021-22.In the wake of "outstanding performance" of the telecom sector in meeting COVID-19 challenges and with a huge surge in data consumption due to [...]
Mangaluru, Jan 30 (PTI) The Mangalore Refinery and Petrochemicals Limited (MRPL) posted a net profit of Rs 969 crore during the third quarter of 2021-22 against a loss of Rs 76 crore in the corresponding period in 2020-21. The gross revenue from operations stood at Rs 25,238 crore during Q3 of 2021-22 against Rs 14,136 [...]
