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  • Hot Pursuit

    Yes Bank posts Q2 PAT at Rs 129 cr; NII falls 9.7% YoY

    The bank reported a standalone net profit of Rs 129.37 crore in Q2 September 2020 compared with net loss of Rs 600.80 crore in Q2 September 2019.Total income fell 28.56% to Rs 5,952.14 crore in Q2 September 2020 from Rs 8,332.20 crore in Q2 September 2019. The bank's profit before tax (PBT) stood at Rs 172.69 crore in Q2 September 2020, rising 41.3% from Rs 122.19 crore in Q2 September...

    • 10 hrs ago
  • Hot Pursuit

    Tech Mahindra Q2 PAT declines 5% YoY to Rs 1065 cr

    The IT major's consolidated net profit declined 5.28% to Rs 1064.60 crore on 3.3% rise in revenues to Rs 9,371.80 crore in Q2 September 2020 over Q2 September 2019.Sequentially, consolidated net profit rose 9.5% and revenue increased 2.9% in Q2 September 2020 (Q2FY21) over Q1 June 2020 (Q1FY21). Consolidated profit before tax (PBT) stood at Rs 1,409 crore in Q2 FY21, gaining 9.83% from Rs...

    • 11 hrs ago
  • Hot Pursuit

    Tech Mahindra's Q2 PAT falls 5% to Rs 1064 cr

    The IT major's consolidated net profit declined 5.28% to Rs 1064.6 crore on a 3.3% rise in revenues to Rs 9,371.8 crore in Q2 September 2020 over Q2 September 2019.Sequentially, consolidated net profit rose 9.5% and revenue increased 3% in Q2 September 2020 (Q2FY21) over Q1 June 2020 (Q1FY21). Consolidated profit before tax (PBT) stood at Rs 1,409 crore in Q2 FY21, gaining 9.83% from Rs 1,283...

    • 11 hrs ago
  • Hot Pursuit

    JSW Steel Q2 PAT slides 38% YoY

    On a consolidated basis, the steel major's net profit declined 37.77% to Rs 1,593 crore on 9.63% increase in revenue from operations to Rs 19,264 crore in Q2 September 2020 over Q2 September 2019.The improvement in sales realisation, spurt in sale of coated products, favourable geographical and product mix helped to clock a sizeable growth in sales revenue.

    • 11 hrs ago
  • Hot Pursuit

    JSW Steel's Q2 PAT falls 37% to Rs 1593 cr

    JSW Steel posted a 37.7% fall in consolidated net profit to Rs 1,593 crore in Q2 September 2020 from Rs 2,560 crore in Q2 September 2019.Consolidated revenue from operations grew by 9.6% to Rs 19,264 crore in Q2 September 2020 from Rs 17,572 crore in Q2 September 2019. The result was announced after market hours today, 23 October 2020. Consolidated profit before tax stood at Rs 2,505 crore in Q2...

    • 11 hrs ago
  • Hot Pursuit

    Chennai Petroleum Corporation Ltd leads losers in 'A' group

    Dewan Housing Finance Corporation Ltd, Oberoi Realty Ltd, Alembic Pharmaceuticals Ltd and Sobha Ltd are among the other losers in the BSE's 'A' group today, 23 October 2020.Dewan Housing Finance Corporation Ltd, Oberoi Realty Ltd, Alembic Pharmaceuticals Ltd and Sobha Ltd are among the other losers in the BSE's 'A' group today, 23 October 2020. Chennai...

    • 13 hrs ago
  • Hot Pursuit

    Vishal Fabrics Ltd leads losers in 'B' group

    Jump Networks Ltd, Artemis Electricals Ltd, Salona Cotspin Ltd and Mahindra EPC Irrigation Ltd are among the other losers in the BSE's 'B' group today, 23 October 2020.Jump Networks Ltd, Artemis Electricals Ltd, Salona Cotspin Ltd and Mahindra EPC Irrigation Ltd are among the other losers in the BSE's 'B' group today, 23 October 2020. Vishal Fabrics Ltd crashed 9.99% to Rs...

    • 13 hrs ago
  • Hot Pursuit

    Volumes spurt at Aditya Birla Fashion & Retail Ltd counter

    Aditya Birla Fashion & Retail Ltd registered volume of 434.07 lakh shares by 14:19 IST on NSE, a 12.23 fold spurt over two-week average daily volume of 35.50 lakh sharesSpiceJet Ltd, Crompton Greaves Consumer Electrical Ltd, Polycab India Ltd, SBI Cards & Payment Services Ltd are among the other stocks to see a surge in volumes on NSE today, 23 October 2020. Aditya Birla Fashion...

    • 13 hrs ago
  • Hot Pursuit

    Surya Roshni spurts on winning orders

    Surya Roshni gained 1.01% to Rs 206 after the company secured orders aggregating to Rs 137.11 crore for supplying ERW 3LPE coated grade line pipes to ONGC, HPCL & Gujarat Gas for city gas distribution and gas pipe line projects. The company bagged Rs 16.2 crore order from ONGC for supplying 3LPE coated ERW CS line pipes API grade for gas project. The company received Rs 50.91 crore order from HPCL for...

    • 13 hrs ago
  • Hot Pursuit

    Airtel Africa Q2 net profit declines 8.8%

    Airtel Africa posted an 8.8% drop in net profit to $88 million in quarter ended September 2020 over quarter ended September 2019. Airtel Africa's revenue grew by 14.3% on a reported basis and 19.6% in constant currency, to $965 million in Q2 September 2020. Underlying EBITDA stood at $437 million in quarter ending September 2020, rising 17.5% year on year. Airtel Africa's EBITDA margin grew by...

    • 13 hrs ago

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