IndusInd Bank on Saturday reported a 50 per cent jump in its consolidated net profit at Rs 1,241.55 crore in the quarter ended December 2021. The bank had posted a net profit of Rs 830.41 crore in the same period a year ago. Total income of the bank during the October-December period of 2021-22 rose [...]
Suzlon Energy has posted a consolidated net profit of Rs 37.73 crore in the December 2021 quarter mainly on account of higher revenues. The company had reported a consolidated net loss of Rs 118.06 crore in the same quarter of the previous fiscal, according to a BSE filing released on Friday night. Its total income [...]
IT firm Happiest Minds Technologies Ltd on Friday reported a 16.1 per cent jump in consolidated net profit to Rs 48.92 crore for the December 2021 quarter. The company had posted a net profit of Rs 42.15 crore in the year-ago period. Its revenue during October-December 2021 grew 47.2 per cent to Rs 283.94 crore [...]
Private sector Karnataka Bank on Friday reported an 8 per cent rise in net profit at Rs 146.42 crore for the quarter ended December 2021 on the back of a fall in provisions for bad loans and contingencies. The bank had posted a net profit of Rs 135.37 crore in the same quarter a year [...]
Mumbai, Jan 28 (PTI) The Reserve Bank on Friday said it has imposed several restrictions on Indian Mercantile Cooperative Bank Ltd, Lucknow, including a cap of Rs 1 lakh on withdrawals. The restrictions came into force from closure of business hours on January 28, 2022 (Friday). In a statement, RBI said the Lucknow-based co-operative bank [...]
Mumbai-based Oberoi Realty Ltd on Friday reported a 63 per cent increase in its consolidated net profit at Rs 467.53 crore for the quarter ended December. Its net profit stood at Rs 286.65 crore in the year-ago period. Total income rose to Rs 846.19 crore during October-December period of this fiscal year from Rs 837.57 [...]
Mumbai, Jan 28 (PTI) Logistics major Blue Dart Express on Friday reported a 29.5 per cent jump in consolidated profit after tax (PAT) to Rs 123.40 crore for the December 2021 quarter. The company had posted a consolidated PAT of Rs 95.30 crore in the corresponding quarter last year, it said in a statement. Its [...]
New Delhi, Jan 28 (PTI) United Breweries Ltd, majorly owned by Dutch multinational brewing company Heineken NV, on Friday reported 28.4% decline in consolidated net profit at Rs 91.02 crore for December quarter 2021-22 on account of inflationary pressures. The company had posted a net profit of Rs 127.19 crore in the year-ago period, United [...]
Private sector lender Kotak Mahindra Bank on Friday reported a 30.79 per cent jump in its consolidated December quarter net profit at Rs 3,402.74 crore, helped by an all-round performance across subsidiaries. On a standalone basis, the city-based lender posted a 15 per cent rise in post tax net profit at Rs 2,131.36 crore, with [...]
New Delhi, Jan 28 (PTI) IIFL Finance on Friday reported 15 per cent increase in net profit at Rs 310 crore for December quarter 2021-22, backed by growth in home and gold loan businesses. The company had logged a net profit of Rs 269 crore in the year-ago period. Total income during the period under [...]
