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?
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 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.
Blue Dart Express's consolidated total income during April-June 2021 period increased to Rs 872.81 crore, compared with Rs 418.83 crore during the same period in 2020.
The stock is on a downward trend for the last six consecutive sessions and has declined by 21 per cent since August 2.
HDFC Bank Ltd had recorded higher provisions driven by delinquencies in its agriculture loan book over the first quarter.