Mumbai, Jan 27 (PTI) Mortgage lender LIC Housing Finance (LICHFL) on Thursday reported a 6 per cent increase in profit after tax at Rs 767.33 crore for the quarter ended December 2021, aided by higher collections and drop in provisions. It had reported a profit after tax of Rs 727.04 crore in the same period [...]
Chennai, Jan 26 (PTI) Signaling a return to normalcy, India's largest truck lender, Shriram Transport Finance Company on Wednesday said its collection efficiency returned to 100 per cent in the second half of January after undergoing a brief blip in the first fortnight. Shriram Transport Finance Company Vice-Chairman and Managing Director Umesh Revankar said the [...]
Pune-based farm pipes major Finolex Industries on Tuesday reported a massive 30.5 per cent decline in net income to Rs 1,177.8 crore for the three months to December 2021 from Rs 255.9 crore a year ago, even though revenue declined only 5.7 per cent to Rs 1,005.25 crore. The bottomline (profit) was hit as the [...]
Raymond Ltd on Tuesday reported a multifold jump in its net profit of Rs 101.07 crore for the third quarter ended December 2021, helped by improved performance across the segment. The company had posted a net profit of Rs 22.18 crore during the corresponding quarter of the previous financial year, Raymond said in a regulatory [...]
New Delhi, Jan 25 (PTI) RPG Life Sciences on Tuesday said its net profit increased 14 per cent to Rs 14.63 crore for the third quarter ended December 31, 2021. The company had reported a net profit of Rs 12.87 crore in the same period of the previous fiscal. Revenue from operations rose to Rs [...]
New Delhi, Jan 25 (PTI) Max India on Tuesday reported a consolidated net loss of Rs 5.70 crore for the quarter ended December.Its net loss stood at Rs 12.97 crore in the year-ago period.Total income rose to Rs 42.83 crore in the third quarter of this fiscal from Rs 34.20 crore in the corresponding period [...]
New Delhi, Jan 25 (PTI) Packaging firm Cosmo Films Ltd on Tuesday reported a 66.41 per cent jump in its consolidated net profit to Rs 104.42 crore for the third quarter ended December 2021, helped by lower finance cost and effective tax rate. The company had posted a consolidated net profit of Rs 62.75 crore [...]
Kolkata, Jan 25 (PTI) RailRestro, a leading food delivery startup catering to train passengers, has witnessed a 50 per cent decline in sales, amid fresh COVID-hit turbulence in tour and travel activities, an official said on Tuesday Indian Railway Catering and Tourism Corporation (IRCTC)-authorised food partner has termed the present crisis as a "blip" and [...]
New Delhi, Jan 25 (PTI) Torrent Pharmaceuticals on Tuesday said its consolidated net profit declined by 16 per cent to Rs 249 crore for the third quarter ended December 2021 on account of muted performance in the US market. The drug maker had posted a net profit of Rs 297 crore in the October-December period [...]
New Delhi, Jan 25 (PTI) Rental income of 23 shopping malls might decline 24 per cent to around Rs 300 crore during the January-March 2021 period as compared with the previous quarter due to the COVID-19 pandemic, according to rating agency ICRA. The estimate is based on the sample of 23 malls, covering 14.2 million [...]
