Corporate Results

In IT services, one can expect a sequential revenue decline of 5-10 per cent due to demand compression from direct hit verticals and supply-side factors.

Most stocks need to conquer their 200-DMA for the next surge.

Infrastructure term lender IFCI Ltd reported a widening of its consolidated net loss to Rs 584.19 crore for the quarter ended March 2020

Homegrown FMCG firm Emami Ltd on Friday reported a 59.44 per cent decline in its consolidated net profit to Rs 22.75 crore for the March quarter due to decline in sales because of coronavirus-induced lockdown. The company had posted a net profit of Rs 56.09 crore during the January-March quarter of 2018-19,Emami said in a regulatory filing. Its revenue from operations was down 16.81 per cent to Rs 532.68 crore during the quarter under review as against Rs 640.35 crore in the corresponding period of the previous fiscal. The pandemic and the lockdown led to a sharp decline in consumption due to rising unemployment and a significant drop in demand from low-income groups, the Kolkata-based firm said. This led the consumers shift towards more essential items like food, groceries and hygiene products thereby affecting the sale of its discretionary line of products. All these developments arising out of an unprecedented and extraordinary environment that prevailed across the globe, impac

Corporate results will continue to pour in throughout the week. Investors will first react to HDFC's and other results that were announced over the weekend

The company also announced redesignating Ronojoy Dutta its whole-time director and CEO

On the sales front, the low-cost carrier (LCC) clocked Rs 10,330 crore during the recently concluded quarter, as against sales of Rs 8,229.3 crore year-on-year (Q3FY19).

Competitive intensity, slowdown in construction activities and liquidity issues could make volume recovery difficult

RCom's total liability includes Rs 23,327 crore licence fee and Rs 4.987 crore spectrum usage charges

Operating performance improved sharply but net loss at Rs 23,045 is the third highest by an Indian corporate in a quarter

Gross profit margin slipped to 20.8% during the quarter under review from 21.6% in the year-ago previous quarter owing to higher expenditure, which grew by 19%

Embassy REIT's CEO Michael Holland said the company has reported another strong quarter of performance

The profit after tax works out to Rs 43 crore in Q2 FY20, up 43.7% from Rs 30 crore in Q2 FY19

Its net profit stood at Rs 75.91 crore in the year-ago period

For the six-month period ending September 30, 2019 consolidated profits after tax grew to Rs 655.17 crore

The company realised crude oil at $61.30 per barrel during the September quarter

Greenply Industries' EBITDA increased by 22.1% to Rs 45 crore

The company has reported a pre-tax loss of Rs 43.19 crore for the quarter ended September 30, 2019, compared with a Rs 7.77-crore profit before tax during the same quarter last year

Mahindra & Mahindra on Friday said its consolidated net income plummeted 78.44 percent to Rs 368.43 crore in the quarter to September as the volumes fell sharply even though the automaker could maintain strong margins. On a standalone basis, the company did better with a net income of Rs 1,355 crore, down 23.8 percent, thanks to a relatively better show by the tractor arm. Consolidated revenue stood at Rs 23,935.93 crore, down almost 6 percent from a year ago, of which automotive revenue stood at Rs 12,058.79 crore, down from Rs 14,330.54 crore and farm equipment revenue stood at Rs 5,369.89 crore marginally down from Rs 5,451.20 crore, pulling down it pretax profit by over 13.7 percent to Rs 702 crore. During the quarter, its automotive volume dipped 21 percent to 1,10,824 from 1,41,163 units, while tractor sales stood at 68,359 units, down 6 percent from 73,012 units, while the industry volume plunged 10 percent. Despite this, the company marginally improved its ..

Tier 1 capital and CRAR stood at 9.52 percent and 11.98 percent, respectively