New Delhi, Jan 28 (PTI) Equitas Small Finance Bank (SFB) on Friday reported flat growth in its net profit at Rs 108 crore for the quarter ended December 2021, with marginal rise in total income and interest income. The South-based SFB had posted a net profit of Rs 111 crore in the year-ago quarter. Total [...]
*Nothing appoints ex-Dyson executive Adam Bates as Design Director New Delhi, Jan 28 (PTI) Consumer technology brand Nothing on Friday said it has appointed former Dyson executive Adam Bates as the Design Director.Bates' focus will be on launching Nothing's first design hub in London, a statement said.Bates spent over 14 years at Dyson as a [...]
New Delhi, Jan 28 (PTI) Shriram City Union Finance on Friday reported 6 per cent rise in consolidated net profit at Rs 322 crore for the quarter ended December 2021, recording the highest ever lending. The Chennai-based non-banking finance company (NBFC) had posted a net profit of Rs 304 crore in the year-ago quarter. Income [...]
Mumbai, Jan 28 (PTI) Logistics major Blue Dart Express on Friday reported a 29.5 per cent jump in consolidated profit after tax (PAT) to Rs 123.40 crore for the December 2021 quarter. The company had posted a consolidated PAT of Rs 95.30 crore in the corresponding quarter last year, it said in a statement. Its [...]
Mumbai, Jan 28 (PTI) The Jaipur-based AU Small Finance Bank on Friday said strong loan sales and better asset quality have helped it post a strong set of financial numbers with a 68 per cent growth in net profit for three months to December 2021. Fund-based disbursements increased 33 per cent in the reporting quarter [...]
Mumbai, Jan 28 (PTI) Warning that any sudden and sharp fiscal consolidation steps can throttle the nascent and uneven recovery of the Indian economy, a Wall Street brokerage has said the Budget should instead focus on boosting overall demand, from rural consumption in particular, and invest more in infrastructure. The successive waves of the pandemic [...]
Hyderabad, Jan 28 (PTI) Dr Reddy’s Laboratories Limited on Friday reported a 3,468 percent jump in net profit to Rs 706.50 crore in the quarter ended December from a year ago on the back of a steep fall in impairment charges. A senior official of the company said the profit after tax during the same [...]
New Delhi, Jan 28 (PTI) Crompton Greaves Consumer Electricals Ltd (CGCEL) on Friday reported a 7.84 per cent decline in its consolidated net profit to Rs 148.26 crore for the third quarter ended December 2021, on account of inflationary pressures on input materials. The company had posted a net profit of Rs 151.09 crore in [...]
New Delhi, Jan 28 (PTI) United Breweries Ltd, majorly owned by Dutch multinational brewing company Heineken NV, on Friday reported 28.4% decline in consolidated net profit at Rs 91.02 crore for December quarter 2021-22 on account of inflationary pressures. The company had posted a net profit of Rs 127.19 crore in the year-ago period, United [...]
New Delhi, Jan 28 (PTI) Great Eastern Shipping Company Ltd (GE Shipping) on Friday reported a 16.42 per cent jump in consolidated net profit to Rs 205.29 crore for the December 2021 quarter. The country's largest private ship liner had posted a profit of Rs 176.33 crore in the year-ago quarter, the company said in [...]
