New Delhi, Jan 25 (PTI) Pidilite Industries, a leading manufacturer of adhesives, sealants and construction chemicals, on Tuesday reported a 19.5 per cent decline in its consolidated net profit to Rs 359.24 crore for the third quarter ended December 2021. The company had posted a Rs 446.43-crore profit in the corresponding period a year ago, [...]
New Delhi, Jan 25 (PTI) Federal Bank on Tuesday posted a 29 per cent rise in net profit at Rs 522 crore for the third quarter ended December 2021. The private sector lender had registered a profit of Rs 404.10 crore in the year-ago period. The total income remained flat at Rs 3,926.75 crore during [...]
New Delhi, Jan 25 (PTI) Power trade volume at Indian Energy Exchange (IEX) rose 37 per cent year-on-year to 27.6 billion units (BU) in the December quarter, mainly due to higher electricity consumption. "During the quarter (October-December), volumes on the Exchange grew by 37 per cent YoY (year-on-year) with 27.6 BU volumes traded versus 20.1 [...]
New Delhi, Jan 25 (PTI) Shares of Axis Bank on Tuesday rallied nearly 5 per cent after the company's consolidated net profit for the December quarter zoomed nearly three-folds. The stock jumped 4.80 per cent to Rs 738.20 on the BSE. At the NSE, it gained 4.77 per cent to Rs 738.25. Axis Bank's consolidated [...]
Plastic products maker Supreme Industries Ltd on Monday reported a 21.31 per cent decline in consolidated profit to Rs 245.72 crore for the quarter ended in December 2021. The company had posted a net profit of Rs 312.28 crore during the October-December quarter of the previous fiscal, Supreme Industries Ltd said in a regulatory filing. [...]
New Delhi, Jan 24 (PTI) Capital markets regulator Sebi on Monday barred 14 entities for indulging in insider trading and ordered impounding ill-gotten gains of Rs 2.94 crore in the matter of Lux Industries Ltd. Those banned by Sebi include Udit Todi, the son of the managing director of Lux, and is currently holding the post of [...]
Mumbai, Jan 24 (PTI) Chemicals firm Deepak Nitrite (DNL) on Monday reported nearly 12 per cent increase in net profit for the quarter ending December 31, 2021, compared to the same period of the previous financial year. The company posted a net profit of Rs 242.46 crore for the quarter against Rs 216.56 crore in [...]
New Delhi, Jan 24 (PTI) Zensar Technologies on Monday said its net profit declined 7.8 per cent to Rs 91 crore for the December 2021 quarter. It had posted a net profit of Rs 98.7 crore in the year-ago period, Zensar Technologies said in a statement. Its revenue, however, rose 21.6 per cent to Rs [...]
Mumbai, Jan 24 (PTI) Non-bank financing company Shriram Transport Finance Company (STFC) on Monday reported a 6.47 per cent decline in standalone profit after tax at Rs 680.62 crore in the quarter ended December 2021 even as its net interest income increased by 11.16 per cent. The company had reported a profit after tax of [...]
Shares of Reliance Industries Ltd on Monday declined 4 per cent amid profit-taking in line with an overall weak trend in the equity market. During the early trade, the market heavyweight stock gained 1 per cent after the company reported its best-ever quarterly performance in October-December 2021. The stock of the country's most valued firm [...]
