The basket of crude oil that India buys has averaged USD 92.67 per barrel in September as against USD 97.40 in the previous month.
The corporation has planned to do business of about Rs 150 crore in the current financial year and has set a target to achieve a profit of Rs 3.2 crore.
Cochin Airport Co logs a profit of Rs. 37.68 cr for FY 2021-22; aims turnover of Rs 675 cr this year
CIAL said it is eying a total revenue target of Rs 675 crore for the current fiscal. The target worked out for CDRSL for the current financial year is Rs 270 crore.
They said the tax on local oil producers has been cut on expected lines but increasing the levy on jet fuel and diesel exports was a surprise as local markets are reasonably well-supplied.
Aramco's massive Q2 windfall was the biggest quarterly adjusted profit of any listed company worldwide, according to Bloomberg.
The automaker sold 13.90 lakh units of motorcycles and scooters in FY2023, up 36% when compared to the sales in the corresponding quarter last fiscal.
The insurer’s total income fell from Rs 2,11,451 crore in the March-ended quarter to Rs 1,68,881 crore in the first quarter of FY23.
REC is a non-banking financial company (NBFC) and it focuses on power sector financing.
Hindalco on Wednesday reported a 47.7% year-on-year rise in consolidated profit after tax (PAT) at Rs 4,119 crore for the quarter ended June 30.
The company’s revenue from operations rose 251% to Rs 853 crore in Q1FY23 from Rs 243 crore in Q1FY22.
The company’s revenue from operations increased 10.58% to Rs 3,326.83 crore during the quarter under review as against Rs 3,008.46 crore in the corresponding period last fiscal year.
Total income of the company was at Rs 11,169 crore for Q1FY23, which is 7% higher compared to ₹10,392 crore in the Q1 of the previous year, the company said in a statement.
Karan Adani, CEO and whole-time director of APSEZ, said, "Q1 FY23 has been the strongest quarter in APSEZ's history, with a record cargo volume and highest ever quarterly EBITDA."
Spotify blamed the losses on higher staff costs after expanding its team and new acquisitions as it widens its reach into the world of podcasts.
In the corresponding period last year, the public-sector mining firm recorded 8.91 tonnes of production and 9.45 tonnes in sales.
Its revenue from operations moved up 8% to Rs 2,822.43 crore during the quarter under review, as against Rs 2,611.54 crore in the corresponding period a year ago.
Varun Berry, Managing Director, said on the cost & profitability front, global factors continued to impact the economy, which led to a further surge in inflation during the quarter.
BoI improved on its asset quality as gross non-performing assets fell to 9.30% of gross advances by the end of June 2022.
The State government has paid up capital of Rs 576.71 crore to Gridco and the closing balance of guarantee by the end of the 2019-20 was Rs 4,913.5 crore.
Revenue from operations surged 39.25% to Rs 19,831.27 crore, from Rs 14,240.76 crore posted in the same quarter last year.