New Delhi, Jan 21 (PTI) HDFC Life on Friday reported a 3 per cent increase in net profit to Rs 273.65 crore for the third quarter ended December. The private sector insurer's profit stood at Rs 264.99 crore in the same quarter of the previous fiscal, HDFC Life said in a regulatory filing. However, total [...]
New Delhi, Jan 21 (PTI) Life Insurance Corporation (LIC)-promoted IDBI Bank on Friday reported a 53 per cent jump in standalone net profit at Rs 578 crore for the third quarter ended December. The lender had reported a standalone net profit of Rs 378 crore in the October-December quarter of the previous year. However, total [...]
New Delhi, Jan 21 (PTI) RattanIndia Power Ltd (RPL) consolidated net loss widened to Rs 386.69 crore in the December quarter, compared to the same period a year ago, due non-operation of Nashik thermal power plant. The company had reported a consolidated net loss of Rs 69.09 crore in the quarter ended on December 31, [...]
New Delhi, Jan 21 (PTI) Shares of Shoppers Stop defied the broader market trend and surged over 17 per cent in morning trade on Friday after the retail chain posted strong earnings for the December 2021 quarter. On the BSE, the stock opened at Rs 390.70, then jumped 17.58 per cent and touched its 52-week [...]
Mumbai, Jan 21 (PTI) Equity benchmark Sensex slumped nearly 700 points in opening trade on Friday, tracking intense selling pressure across the counters amid a negative trend in global markets and sustained foreign fund outflow. The BSE gauge was trading 690.51 points or 1.16 per cent lower at 58,774.11 in early trade. Likewise, the Nifty [...]
Edible oil major Adani Wilmar will hit the capital market on January 27 to raise up to Rs 3,600 crore through an Initial Public Offer (IPO). Adani Wilmar, which sells its cooking oils and some other food products under Fortuna brand, has cut the size of its initial share sale to Rs 3,600 crore from the Rs [...]
New Delhi, Jan 20 (PTI) IT firm Mphasis on Thursday reported a 9.8 per cent increase in consolidated net profit at Rs 357.6 crore for the December 2021 quarter. The company's net profit stood at Rs 325.5 crore in the year-ago period, Mphasis said in a regulatory filing. Adjusted for M&A charges, net profit grew [...]
New Delhi, Jan 20 (PTI) On-demand home services provider Urban Company on Thursday said its partners' net earnings grew 11 per cent in the December quarter compared to the preceding three-month period, with partners earning an average of Rs 297 per hour net of commissions and fees. In its UC Earnings Index for the third [...]
New Delhi, Jan 20 (PTI) IT company Cyient on Thursday posted 38 per cent jump in consolidated net profit at Rs 131.7 crore for December 2021 quarter on the back of strong performance across key accounts. The company had logged a net profit of Rs 95.4 crore in the year-ago period, Cyient said in a [...]
Mumbai, Jan 20 (PTI) Diversified financial services firm Bajaj Finserv Ltd (BFS) on Thursday reported a 2.63 per cent decline in its consolidated profit after tax at Rs 1,256 crore in the quarter ended December 31, 2021. In the year-ago period, the same stood at Rs 1,290 crore. The company said under Ind AS, its [...]
