Ludhiana-based Vardhman Textiles on Saturday reported a consolidated profit-after-tax of Rs 431.51 for the third quarter ended December 2021. The group had reported a profit after tax of Rs 174.85 crore in the year-round period. Its total income for the quarter under review rose to Rs 2,666.8 crore as against Rs 1,806.85 crore in the [...]
Mumbai, Jan 22 (PTI) Private sector lender ICICI Bank on Saturday reported a nearly 19 per cent jump in its consolidated profit to Rs 6,536 crore for the quarter ended in December 2021, helped by higher net interest income (NII) and lower provisions. The bank had posted a profit after tax of Rs 5,498 crore [...]
Mumbai, Jan 22 (PTI) Yes Bank on Saturday reported 80 per cent jump in consolidated net profit at Rs 265.76 crore for December quarter 2021-22, helped by a fall in the provisions for bad loans. The bank's core net interest income declined 31 per cent to Rs 1,764 crore, despite a 0.25 per cent expansion [...]
Debt-ridden telecom operator Vodafone Idea on Friday reported widening of its consolidated loss to Rs 7,230.9 crore for the third quarter ended December 2021. The company had posted a loss Rs 4,532.1 crore in the same period a year ago. Consolidated revenue from operations declined by 10.8 per cent to Rs 9,717.3 crore from Rs [...]
New Delhi, Jan 21 (PTI) Reliance Retail on Friday said it has delivered a "landmark quarter" by posting an all-time high gross revenue Rs 57,714 crore with pre-tax profit of Rs 3,822 crore for the three months to December 2021. This is the first quarter when the retail arm of Reliance Industries Ltd (RIL) has [...]
New Delhi, Jan 21 (PTI) Jio Platforms on Friday posted an 8.8 per cent increase in net profit at Rs 3,795 crore for the third quarter ended December 2021. The company had posted a net profit of Rs 3,486 crore in the same period a year ago. Gross revenue [...]
New Delhi, Jan 21 (PTI) Billionaire Mukesh Ambani's Reliance Industries Ltd on Friday reported its best-ever quarterly performance in October-December 2021, helped by an uptick in two 'Rs' -- refining and retail, a recent tariff hike accelerating growth at Jio and a one-off gain from the sale of US shale gas business. The oil-to-retail-to-telecom conglomerate's [...]
Mumbai, Jan 21 (PTI) Hit by the third wave of the pandemic that led to massive cancellations of domestic flights and extension of the ban on scheduled international flights till the end of the next month, the airports are set to see a 10-percentage-point fall in their revenue recovery this fiscal to 52 per cent [...]
New Delhi, Jan 21 (PTI) Jio Platforms on Friday posted an 8.8 per cent increase in net profit at Rs 3,795 crore for the third quarter ended December 2021. The company had posted a net profit of Rs 3,486 crore in the same period a year ago. Gross revenue from operations increased by 5.76 per [...]
New Delhi, Jan 21 (PTI) Reliance Retail on Friday reported a 23.81 per cent increase in its consolidated pre-tax profit at Rs 3,822 crore for the third quarter ended December 2021. The retail arm of Reliance Industries Ltd (RIL) had posted a pre-tax profit or EBITDA (earnings before interest, tax, depreciation and amortisation) of Rs [...]
