Tata Coffee Ltd on Friday posted a 38.42 per cent jump in consolidated net profit at Rs 69.46 crore in the three months ended December 2021 on the back of strong revenues. The company had clocked a net profit of Rs 50.18 crore in the same quarter of the previous financial year, according to a [...]
New Delhi, Jan 28 (PTI) Deepak Fertilisers and Petrochemicals Corporation Ltd (DFPCL) on Friday posted nearly two-fold jump in consolidated net profit at Rs 180.61 crore for the third quarter of 2021-22. The company's net profit stood at Rs 88.95 crore in the same quarter of the previous fiscal year, according to a BSE filing. [...]
State Bank of India Chairman Dinesh Khara on Friday said the National Asset Reconstruction Company (NARCL) or bad bank and India Debt Resolution Company Ltd (IDRCL) are ready to commence operations and a total of 38 NPA accounts worth Rs 82,845 crore have been identified to be transferred to NARCL initially. Khara said the transfer [...]
Google will invest as much as USD 1 billion in Bharti Airtel in picking up a 1.28% stake and in scaling up offerings of India's second-largest mobile phone operator, the telecom major said on Friday. Alphabet Inc's Google will pay USD 700 million (Rs 734 per share) for a 1.28% stake in Bharti Airtel Ltd [...]
New Delhi, Jan 28 (PTI) Gujarat-based chemicals manufacturer Atul on Friday reported a decline of 17.56 per cent in its consolidated net profit to Rs 156.91 crore for the third quarter ended December 2021. The company had posted a net profit of Rs 190.35 crore during the October-December quarter of the previous fiscal, Atul said [...]
New Delhi, Jan 28 (PTI) HT Media Ltd on Friday reported a nearly five-fold jump in its consolidated net profit at Rs 51.23 crore for the third quarter ended December 2021. The company had posted a net profit of Rs 10.33 crore during the October-December quarter of the previous fiscal, HT Media said in a [...]
Hyderabad, Jan 28 (PTI) Dr Reddy's Laboratories on Friday reported a multi-fold jump in consolidated net profit at Rs 706.5 crore for the third quarter ended December 31, 2021. The drug major had logged a net profit of Rs 19.8 crore in the same period of 2020-21. Revenues stood at Rs 5,319.7 crore during the [...]
New Delhi, Jan 28 (PTI) Central Bank of India on Friday reported 69 per cent jump in net profit at Rs 279 crore for the quarter ended December 2021 on the back of healthy growth in core income and fall in bad loan proportion. The bank had posted a net profit of Rs 165 crore [...]
New Delhi, Jan 28 (PTI) Shares of LIC Housing Finance (LICHFL) on Friday zoomed nearly 13 per cent after the firm reported a 6 per cent increase in profit after tax for the quarter ended December 2021. The stock jumped 12.63 per cent to Rs 389 on the BSE. On the NSE, it rallied 12.59 [...]
Mumbai, Jan 27 (PTI) Private sector lender RBL Bank on Thursday reported a 17.20 per cent dip in its December quarter net at Rs 121.61 crore on slower loan growth and a rise in operating expenses. The city-headquartered bank, which had witnessed RBI appointing an additional director last month which was followed by its long-standing [...]
