State-owned SAIL on Tuesday said its total sales grew by about 50 per cent on year to 15.83 lakh tonnes (LT) during July 2020.
The company, which follows calendar year as its financial year, had posted a net profit of Rs 405 crore in Q2 FY19
Lower provisions support the better Q1 show; net profit up almost 3.5x to Rs 843 cr
There was a 67 per cent growth in the allowance for expected credit losses (ECL) to $82 million during the six months as compared with July-December 2019
Total income declined 58.23 per cent to Rs 647.08 crore during the quarter under review as against Rs 1,549.18 crore in the corresponding quarter a year ago
Europe's biggest bank, HSBC, said that its net profit plummeted 96% in the second quarter of this year as lower interest rates combined with the downturn due to the coronavirus pandemic tool hold
HGS' revenue from operations, however, grew 2.6 per cent to Rs 1,318.6 crore in the quarter under review, as against Rs 1,284.6 crore in the year-ago period
The provision of Rs 3,008 crore is held by the bank on Covid-19 related accounts as on June 30, 2020
Exxon's oil and gas production business fell to a loss and its refining unit was hit by lower demand and weaker prices
Firm's US revenue dips 33.5%; one-time loss of Rs 3,633 cr pertains to $213.3 mn pzayment by Taro, a Sun Pharma subsidiary, for settlement of anti-trust cases in the US
June quarter revenue down 41% to Rs 90,106 cr, GRM was minus (-) $1.98 a barrel as compared to $4.69 a barrel in the year-ago quarter
Firm does not issue guidance stating that it does not see demand coming back in a hurry
The company had posted a net profit of Rs 54.39 crore in the same quarter year ago, according to a regulatory filing.
"The Covid-19 pandemic deeply impacted the auto industry in Q1 FY21," said Guenter Butschek, CEO and Managing Director of Tata Motors
Diagnostic services provider Dr Lal PathLabs on Friday reported a 51.94 per cent decline in its consolidated net profit at Rs 28.4 crore for the quarter ended June 30, 2020.
NIIT Ltd on Friday said its consolidated net profit stood at Rs 29 crore in June 2020 quarter.
The company had posted a net profit of Rs 1,387.48 crore for the corresponding period of the previous fiscal, Sun Pharma said in a BSE filing
According to the statement, total revenue decreased by 23% on year-on-year basis to Rs 1,887 crore in June quarter
Indian Oil Corporation Ltd reported a 47% drop in its June quarter net profit as pandemic outbreak pummelled fuel demand and shrank refining margins
Zydus group firm Zydus Wellness on Friday reported a 10.94 per cent rise in consolidated net profit at Rs 89.20 crore for the quarter ended June 30, 2020.