Online after-sales services company Xtracover on Thursday said that it aims to increase revenue by about three-fold to Rs 275 crore in the current financial year. Betting on the sale of refurbished smartphones and electronic devices, Xtracover founder and CEO Soumitra Gupta told PTI that it has clocked a revenue of over Rs 100 crore [...]
Public sector lender Punjab National Bank on Wednesday reported a 66 per cent decline in its standalone net profit at Rs 202 crore for the quarter ended March 2022 due to higher amount parked towards provisioning, even as bad loans declined. The bank had posted a net profit of Rs 586 crore in the same [...]
Public sector lender Indian Bank on Wednesday reported a 42 per cent dip in its standalone net profit at Rs 984 crore in the quarter ended March 2022, after it changed the deferred tax asset calculation from annual to quarterly basis. In the year-ago quarter, the bank's standalone net profit stood at Rs 1,709 crore [...]
Jewellery retailer Kalyan Jewellers on Wednesday reported a 2.47 per cent decline in consolidated profit after tax (PAT) during the quarter ended March 31, at Rs 72.04 crore. The company's PAT stood at Rs 73.87 crore during the corresponding quarter of 2020-21, Kalyan Jewellers said in a regulatory filing. Consolidated revenue from operations of the [...]
Relaxo Footwears Ltd on Wednesday reported a decline of 38.40 per cent in its net profit at Rs 62.93 crore for the fourth quarter ended March 2022. It had posted a net profit of Rs 102.17 crore in the January-March quarter of the preceding fiscal, Relaxo Footwears said in a regulatory filing. Its revenue from [...]
Telecom operator Vodafone Idea on Tuesday reported narrowing of its consolidated losses to Rs 6,563.1 crore for the fourth quarter ended March compared to same period of the previous year, while its realisation per user or ARPU improved sharply on a sequential basis. The losses were at Rs 7,022.8 crore in the year-ago period, according [...]
Ajanta Pharma on Tuesday said its consolidated profit after tax declined by 5 per cent to Rs 151 crore for the fourth quarter ended March 2022. The drug firm had reported a consolidated PAT (Profit After Tax) of Rs 159 crore in the January-March quarter of 2020-21 fiscal. Revenue from operations rose to Rs 870 [...]
Orient Electric on Tuesday reported 22.16 per cent decline in net profit at Rs 48.78 crore for the fourth quarter ended March 31, 2022. The CK Birla group firm had posted a net profit of Rs 62.67 crore for the year-ago period, Orient Electric said in a regulatory filing. Revenue from operations was down at [...]
Electric vehicle maker Wardwizard Innovations & Mobility has reported an over four-fold increase in its Profit After Tax (PAT) at Rs 3.28 crore for the quarter ended March, according to a company statement. The Vadodara-based firm had posted a PAT of Rs 69.26 lakh in Q4FY21. The company said its income rose by 347 per [...]
Wires and cables manufacturer Polycab India on Tuesday reported a 20 per cent year-on-year rise in net profit to Rs 325.33 crore for the fourth quarter ending March 31. The company's net profit was Rs 271.06 crore in the year-ago quarter, Polycab India said in a BSE filing. Revenue from operations during the quarter under [...]