Microfinance industry loan portfolio grew by 5 per cent year-on-year to Rs 2,62,598 crore in the fiscal ended March 2022, according to a report by Sa-Dhan released on Tuesday. In the year-ago period, the same stood at Rs 2,50,826 crore. Sa-Dhan is an RBI recognised Self Regulatory Organisation (SRO) for microfinance institutions. In the last quarter [...]
IRB Infrastructure Developers Ltd on Tuesday reported a 79.04 per cent jump in its consolidated net profit to Rs 175 crore for the fourth quarter ended in March 2022. The company had clocked a net profit of Rs 97.45 crore during the year-ago quarter, IRB Infrastructure Developers said in a BSE filing. Its total income [...]
Drug firm Abbott India on Tuesday said its net profit increased by 39 per cent to Rs 211 crore for the fourth quarter ended March 2022. The company had reported a net profit of Rs 152 crore in the January-March quarter of 2020-21 fiscal. Revenue from operations rose to Rs 1,255 crore in the period [...]
EKI Energy Service on Tuesday posted a multi-fold jump in standalone net profit at Rs 383.36 crore in 2021-22 financial year, mainly on the back of higher revenues. The standalone net profit of the company was at Rs 18.69 crore in the fiscal ended March 2021. In the last fiscal, total standalone income rose to [...]
India's second largest telecom operator Bharti Airtel on Tuesday posted over two-fold jump in its consolidated net profit to Rs 2,008 crore for the March quarter. The net profit stood at Rs 759 crore in the year-ago period. Airtel's revenue from operations rose 22.3 per cent to Rs 31,500 crore during the fourth quarter of [...]
Kajaria Ceramics Ltd on Tuesday reported a decline of 25.87 per cent in consolidated net profit at Rs 97.23 crore for the fourth quarter ended March. The company had posted a net profit of Rs 131.17 crore in the year-ago period, Kajaria Ceramics said in a BSE filing. However, its revenue from operations was up [...]
Bajaj Electricals on Tuesday reported a 28.73 per cent decline in consolidated net profit at Rs 38.67 crore for the fourth quarter ended March 2022. The company had posted a net profit of Rs 54.26 crore for March quarter of the previous fiscal year, Bajaj Electricals said in a regulatory filing. However, total revenue from [...]
GlaxoSmithKline Pharmaceuticals on Monday reported a Rs 55 crore consolidated net loss from continuing operations for the fourth quarter. The drug firm had reported a net profit of Rs 4 crore for the January-March quarter of the 2020-21 fiscal. Revenue from operations rose to Rs 810 crore for the fourth quarter compared to Rs 744 [...]
State-owned Canara Bank is expecting an 8-10 per cent growth in advances as well as a healthy double-digit rise in corporate loan portfolio in the current financial year, its Managing Director and CEO L V Prabhakar said on Monday. In the fiscal ended on March 31, 2022, the lender's gross advances grew by 9.77 per [...]
Century Plyboards (India) Ltd on Monday reported a 2.08 per cent increase in its consolidated net profit to Rs 88.75 crore for the fourth quarter ended in March 2022. The company had reported a net profit of Rs 86.94 crore in the January-March quarter a year ago, Century Plyboards said in a BSE filing. Its [...]