Pharmaceuticals firm Wockhardt Ltd on Monday reported a consolidated loss after tax of Rs 102 crore in the December quarter, impacted by lower sales. The company had posted a consolidated profit after tax of Rs 2 crore in the same quarter of the previous fiscal, the firm said in a regulatory filing. Consolidated revenue from [...]
Lubes maker Castrol India on Monday reported its profit after tax at Rs 193 crore in the October-December quarter of 2022. The company had reported a PAT (profit after tax) of Rs 189 crore in the corresponding quarter of the preceding year. The company follows calendar year (January-December) for financial reporting. The revenue from operations [...]
Competition Commission of India on Monday approved the acquisition of commercial real estate assets by Nexus Select Trust. Nexus Select Trust is a Sebi-registered real estate investment trust (acquirer REIT) and is backed by global investment firm Blackstone. The proposed transaction involves the direct acquisition of 100 per cent shareholding of 15 entities and indirect [...]
Hulst BV, the promoter of Coforge Ltd (formerly NIIT Technologies), on Monday offloaded 9.8 per cent stake in the IT company for Rs 2,430 crore through an open market transaction. Hulst BV is owned and controlled by BPEA (Baring Private Equity Asia). According to the bulk deal data available with the National Stock Exchange (NSE), [...]
Zee Entertainment Enterprise Ltd on Monday reported a 91.86 per cent decline in its consolidated net profit at Rs 24.32 crore for the December quarter, on account of higher content cost and investment in its OTT platform. The company had reported a net profit of Rs 298.98 crore in the October-December quarter a year ago, [...]
State-owned SAIL on Monday posted around 65 per cent fall in its consolidated net profit at Rs 542.18 crore in the December 2022 quarter, on account of higher expenses. The company had clocked a net profit of Rs 1,528.54 crore in the October-December period of the preceding 2021-22 fiscal, Steel Authority of India Ltd (SAIL) [...]
GMR Power And Urban Infra Ltd on Monday reported its consolidated net profit at Rs 360.53 crore in the quarter ended December 31, 2022. The company had posted a consolidated net loss of Rs 558.41 crore in the corresponding quarter of previous fiscal, GMR Power And Urban Infra Ltd said in a filing to BSE. [...]
Equity market gained in early trade on Tuesday, with the benchmark Sensex surging 222 points as positive cues from Asian and global markets bolstered investor sentiments. BSE Sensex climbed 222.88 points or 0.37 per cent to 60,654.72 while the broader Nifty rose 56.40 points or 0.32 per cent to 17,827.30. Among the 30 Sensex shares, [...]
Power trading solution provider PTC India has posted 66 per cent rise in consolidated net profit at Rs 104.48 crore for December quarter 2022-23. In the year-ago period, the profit was Rs 62.91 crore, the company said in a BSE filing on Monday. Total income declined to Rs 3,146.91 crore in the quarter from Rs [...]
Debt-ridden Jaypee Infratech Ltd, which is undergoing insolvency resolution, on Monday reported widening of its consolidated net loss to Rs 601.24 crore for the third quarter of this fiscal. Its net loss at stood Rs 540.03 crore in the year-ago period. Total income rose to Rs 312.66 crore in the December quarter of this fiscal [...]
