Asian shares were mingled on April 28 as already high valuations discouraged investors from buying equity ahead of the near-sighted US Federal Reserve meeting. MSCI’s broader index of Asia-Pacific shares outside Japan declined 0.23%. Australian stock rose 0.55%, but shares in China slipped 0.44%. Stock in Tokyo rose 0.16%.S&P 500 E-Mini stock futures rose 0.09%. …
Asian shares fail to induce earnings before Fed meets Read More »
Major drug company Sun Pharmaceutical Industries on Thursday reported a double-fold increase in combined profit of $ 894.15 crore for the quarter ended March 2021, mainly due to strong performance in the Indian market. The company had sent a total profit of Rs 399.84 crore over the corresponding period of the previous financial year, Sun …
Sun Pharmaceutical Q4 net profit brings more than double Rs 894.15 crore Read More »
Aditya Birla Fashion and Retail (ABFRL) reported a 51 per cent increase in its pre-interest rate, tax, depreciation and rebate (EBITDA) at Rs 253 crore in the fourth quarter of March (Q4) compared to Rs 167 crore in the previous year. The company’s revenue in Q4 stood at Rs 1822 crore, slightly below Rs 1832 …
FMCG Company Procter & Gamble Hygiene and Health Care Ltd on Wednesday reported a 29.2 percent decline in total profits of Rs 48.98 crore for the quarter ended June 2021. The company, which follows the July-June financial year, had transferred a total profit of Rs 69.21 crore in the corresponding period of the previous financial …
Profit for Procter & Gamble Q4 decreased by 29% to Rs 49 crore Read More »
Indian Railways- Earnings of Indian Railways: Indian Railways have earned well during the Corona period. North Western Railway has so far earned an income of over Rs 205 crore from selling scrap in the current financial year. According to a North Western Railway spokesperson, North Western Railway earned an income of Rs. 202 crores incomeNorth …
Indian Railways: earns 205 crores only by selling junk Read More »
Shares of Barat Heavy Electricals (BHEL) fell by 18% on June 14 after the company announced its March quarterly salary. Expected orders to sell 80,675 shares, with no buyers present.The company’s consolidated financial losses were reduced to Rs 1,036.32 crore for the quarter of March 2021 compared to the losses of R532.18 crore last year. …
BHEL share price decreased by 18% profitable Q4 post; brokers continue to ‘sell’ Read More »
The Indian FMCG industry recorded a growth rate of 9.4 percent in the January-March 2021 quarter, which is driven by growth in consumption-driven and rising commodity prices, particularly basic, said data analyst Nielsen. The domestic market continued to operate at strong growth of 14.6 percent during this period and municipal markets registered positive growth after …
On May 5, Tata Steel posted consolidated profit of Rs 6,644.1 crore for the quarter ended March 2021, which was in line with analysts’ expectations and operating performance. The company reported a loss of Rs 1,481.3 crore in the year-ago quarter. However, analysts’ expectations were missed due to higher tax rates and lower other incomes. …
In the quarter ended March 2021, L&T Finance Holdings (LTFH) on Thursday reported a decline of nearly 31 per cent in its net profit to Rs 266 crore. The company posted a net profit of Rs 385 crore in the same quarter of 2019-20.However, LTFH said in a regulatory filing that its total income increased …
L&T Finance Holdings Q4 net profit up 31% at Rs 266 crore Read More »
State Bank of Baroda (BoB) on Saturday reported an independent profit of Rs 1,208.63 crore during the quarter ended June 2021, helped by declining bad lending. The bank had reported a net loss of Rs 864 crore in that quarter last year.Total revenue was modeled at an estimated Rs 20,022.42 crore from Rs 20,312.44 crore …
Bank of Baroda watches a Q1 profit of Rs 1,209 crore Read More »
