New Delhi, Jan 21 (PTI) Billionaire Mukesh Ambani's Reliance Industries Ltd on Friday reported a 41.5 per cent rise in its third-quarter net profit, helped by an uptick in two 'Rs' -- refining and retail, a recent tariff hike accelerating growth at Jio and a one-off gain from sale of US shale gas business. The [...]
New Delhi, Jan 21 (PTI) JSW Steel on Friday posted a 69 per cent jump in its consolidated net profit to Rs 4,516 crore for the quarter ended December, mainly on account of higher income. The firm had clocked a net profit of Rs 2,669 crore in the year-ago period, it said in a regulatory [...]
Mumbai, Jan 21 (PTI) The ongoing third wave of the COVID pandemic will push back the “imminent recovery” for multiplex operators to first quarter of next fiscal, a domestic rating agency said on Friday. It can be noted that in order to arrest the surge in new cases, many states have adopted measures including shutting [...]
Kolkata, Jan 21 (PTI) Net profit of MFI-turned-private lender Bandhan Bank increased 35.8 per cent at Rs 858.9 crore during the third quarter of current fiscal, registering a rise from Rs 632.6 crore in the similar previous period. MD and CEO of Bandhan Bank, Chandra Sekhar Ghosh told reporters on the virtual mode on Friday [...]
New Delhi, Jan 21 (PTI) L&T Finance Holdings on Friday reported a 12 per cent increase in its net profit to Rs 326 crore for the quarter ended December 2021. The non-banking finance company (NBFC) had registered a net profit of Rs 291 crore in the year-ago period. In a statement, the company said it [...]
Mumbai, Jan 21 (PTI) IDBI Bank on Friday reported a 53 per cent jump in standalone profit after tax (PAT) at Rs 578 crore for the quarter ended December, aided by healthy growth in net interest income. The Life Insurance Corporation (LIC)-owned lender had reported a standalone PAT of Rs 378 crore in the [...]
New Delhi, Oct 22 (PTI) Multiplex chain operator Inox Leisure Ltd on Friday reported narrowing of its consolidated net loss at Rs 1.32 crore for the third quarter ended December 2021 as the film exhibition business witnessed recovery from Covid restrictions during the period. The company had posted a net loss of Rs 102.50 crore [...]
New Delhi, Jan 21 (PTI) Gland Pharma on Friday posted a 34 per cent increase in its consolidated profit after tax at Rs 273 crore for the third quarter ended December 31, 2021, riding on robust sales across various markets. The Hyderabad-based drug maker had reported a profit after tax (PAT) of Rs 204 crore [...]
New Delhi, Jan 21 (PTI) Tiles maker Kajaria Ceramics Ltd on Friday reported a 3 per cent rise in consolidated net profit at Rs 124.73 crore for the third quarter ended December 31. The company had posted a consolidated net profit of Rs 121.03 crore in the same quarter last fiscal, Kajaria Ceramics Ltd said [...]
New Delhi, Jan 21 (PTI) The total business-to-business spending in India is expected to rise by 10.3 per cent in 2022 with the spend of the country's businesses growing three times faster than the expectations from its comparable peers in other countries in the third quarter of last year, according to a study. The total [...]
