New Delhi, Jan 27 (PTI) BharatPe, a fintech company for merchants, on Thursday said it has witnessed 200 per cent growth in annualised transaction value to USD 4 billion (about Rs 30,078 crore) from its POS business over the last 12 months.The Point of Sale (POS) business - BharatSwipe - now contributes about 25 per [...]
New Delhi, Jan 27 (PTI) Infrastructure investment trust India Grid Trust (IndiGrid) consolidated net profit remained almost flat at Rs 94.38 crore in the December quarter compared to a year ago. The company had reported a consolidated net profit of Rs 94.58 crore in the quarter ended on December 31, 2020, according to a BSE [...]
New Delhi, Jan 27 (PTI) Infrastructure investment trust India Grid Trust (IndiGrid) consolidated net profit remained almost flat at Rs 94.38 crore in the December quarter compared to a year ago. The company had reported a consolidated net profit of Rs 94.58 crore in the quarter ended on December 31, 2020, according to a BSE [...]
Chennai, Jan 27 (PTI) CG Power and Industrial Solutions Ltd on Thursday reported standalone profit after tax at Rs 360 crore for the quarter ending December 31, 2021. The Murugappa Group company had reported standalone PAT at Rs 381 crore during corresponding quarter previous year, CG Power and Industrial Solutions said in a statement. Sales [...]
New Delhi, Jan 27 (PTI) FMCG major Colgate-Palmolive India Ltd on Thursday reported an increase of 1.6 per cent in its net profit to Rs 252.33 crore for the third quarter ended December 2021. The company had posted a net profit of Rs 248.36 crore in the corresponding quarter of the last financial year, Colgate-Palmolive [...]
New Delhi, Jan 27 (PTI) CG Power and Industrial Solution on Thursday posted a 28 per cent rise in consolidated net profit at Rs 546 crore in the quarter ended December 2021, mainly on the back of higher revenues. The consolidated net profit of the company was at Rs 425 crore in the quarter ended [...]
New Delhi, Jan 27 (PTI) Money deposited with Airtel Payments Bank surged 75 per cent to Rs 1,000 crore in 2021 as compared to the previous year, a top company official said. The payments bank had recorded around Rs 570 crore worth of deposits in 2020. Airtel Payments Bank MD and CEO Anubrata Biswas told [...]
State-owned Canara Bank on Thursday reported over two-fold jump in its net profit on a standalone basis to Rs 1,502 crore for the December 2021 quarter on the back of lower provisioning. The bank had posted a net profit of Rs 696 crore in the year-ago quarter. Sequentially, the net profit was higher by 13 [...]
Pidilite Industries Limited, India’s leading manufacturer of adhesives, sealants and construction chemicals today announced its financial results for the quarter and nine months ended December 31, 2021. Robust double digit revenue growth in this quarter was led by staggered pricing actions and steady demand conditions. Growth was broad based across Consumer and Bazaar (‘C&B’) and [...]
Mumbai, Jan 27 (PTI) Temperature-controlled logistics firm Snowman Logistics on Thursday reported about a 42 per cent year-on-year drop in profit after tax (PAT) to Rs 83 lakh for the December 2021 quarter.Snowman Logistics had posted a profit of Rs 1.42 crore in Q3 FY21, the company said in a statement.The revenue in the quarter [...]