The poll median showed the economy was expected to have grown at a year-on-year pace of 5.7 per cent in the June quarter, a touch slower than 5.8 per cent in the preceding three months
Total assets of Reliance Capital stood at Rs 79,207 crore as on June 30, 2019 as against Rs 83,973 crore a year ago
Total income of the company stood at Rs 871.19 crore during the quarter under review
From Delhi HC hearing on AgustaWestland case to June quarter results, Business Standard brings you top events of the day
Land Rover sales were at 26,559 units, up 5.6 per cent from the same month last year
Total revenue from operations rose to Rs 16,792.53 crore for April-June 2019
Consolidated income declined to Rs 26.85 crore in the quarter under review, from Rs 37.31 crore in the year-ago period
Total income on a consolidated basis rose to Rs 26,272.24 crore in the said quarter from Rs 24,148.50 crore a year ago
Total income grew to Rs 3,216.92 crore during the quarter under review as against Rs 2,703.86 crore a year ago
Bajaj Electricals' total expenses fell 17.17% to Rs 1,294.61 crore as against Rs 1,104.88 crore in the year-ago period
Revenue from operations rose 28.1% year-on-year to Rs 5,444.6 crore during the quarter under review
The company had reported a net profit of Rs 122.5 crore during the April-June period of previous fiscal
The company said the profit during the period under review was largely driven by growth in NBFC, housing finance and asset management businesses
LIC Housing Finance on Saturday posted a 7.39 per cent increase in its consolidated net profit at Rs 609.13 crore for the first quarter ended on June 30, 2019. It had reported a net profit of Rs 567.18 crore during the same period of the previous fiscal. Total Revenue from operations rose to Rs 4,815.57 crore for the first quarter as against Rs 4,068.93 crore in the year-ago period, LIC Housing Finance said in a regulatory filing. "The business environment continued to be quite challenging. However, despite that, the company's outstanding loan book grew consistently, especially on the home loan segment," LIC Housing Finance MD & CEO Siddhartha Mohanty said.
State-run Jammu & Kashmir Bank on Saturday reported a 58 per cent fall in its net profit to Rs 21.87 crore in the first quarter of 2019-20 due to a rise in provisions for bad loans. The bank had posted a net profit of Rs 52.59 crore in the April-June quarter of the previous fiscal. Total income during the first quarter of 2019-20 rose to Rs 2,256.25 crore from Rs 1,897.24 crore in the same period of 2018-19, the bank said in a release. On asset front, gross non performing assets fell to 8.48 per cent of gross advances as on June 2019, as against 9.83 per cent by June end 2018. Net NPAs also came down to Rs 4.36 per cent from 4.46 per cent a year ago. However, the provisioning for bad loans and contingencies moved up to Rs 293.21 crore in the June quarter from Rs 255.01 crore in the same quarter of previous fiscal.
Total expenses were at Rs 2,414.29 crore in the latest quarter as against Rs 2,163.32 crore a year ago
Siddhartha's body was recovered from a river near Mangalore on Wednesday after he went missing earlier this week
The company's total income almost remained flat with an increase of only 0.48 per cent during the quarter under review
The revenue of the company dropped by 9% to Rs 5,684 crore from Rs 6,263 crore YoY
Analysts expect the trend to continue for a while, given the low level of household indebtedness