We are in the midst of the financial result season. Results reported so far have been weak and consequently the share prices.
The government’s reading of the Q1 FY22 GDP numbers was that the economy is on course for a ‘V-shaped’ recovery. How correct is this observation?
Vodafone Idea's Q1 FY22 results were fraught with challenges from the second wave of COVID-19, which led to a steeper-than-peers decline in subscriber base as well as average revenue per user.
Royal Enfield-maker Eicher Motors on Thursday reported a consolidated net profit of Rs 237.1 crore in Q1FY22 as against a net loss of Rs 55.2 crore in the year-ago quarter.
India Cements has seen its standalone net profit more than double to Rs 37 crore for the quarter ended June 30, compared with net profit of Rs 17 crore a year ago.
Titan Company Limited had reported a net loss of Rs 297 crore in the corresponding period of the preceding fiscal.
The Godrej group company's net sales during April-June jumped 23.87 per cent to Rs 2,862.83 crore, compared with Rs 2,311.17 crore in the year-ago period.
SBI, the country's biggest bank, on Wednesday posted a 55 per cent rise in standalone net profit at Rs 6,504 crore for the first quarter of the current financial year, helped by decline in bad loans.
The enhanced production of Liquid Medical Oxygen by steel players led to the reduced availability of gaseous Oxygen for steel production during the period April-June, 2021.
The double-digit growth of 30.7 per cent in July helped Coal India Limited push its progressive production growth to 5.2 per cent at the end of July.
While the lender reported a healthy 22 per cent growth in its net interest income, its gross non-performing loans as of June 30, 2021 stood at 2.24 per cent of the loan portfolio.
The company had posted a consolidated profit after tax of Rs 39.58 crore in the same period of last fiscal, Emami Ltd said in a regulatory filing.
The stock is on a downward trend for the last six consecutive sessions and has declined by 21 per cent since August 2.
Telecom company Reliance Communications today posted a consolidated loss of Rs 1,210 crore in the three-month period ended June 30, 2017, the third straight quarter loss for the debt-laden firm.
Tata Motors on Wednesday reported a rise of over 41 per cent in its consolidated Q1 net profit due to "one-time gain" on account of changes made to the Jaguar Land Rover pension plans.