HDFC Q2 profit up 61% YoY to Rs 3,962 cr
Tata Steel Q3 profit jumps 54% YoY to Rs 1,753 crore
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Tata Steel on Friday reported 54.31 per cent year-on-year (YoY) rise in profit at Rs 1,753 crore for December quarter, which fell short of Rs 2,289 crore net estimated by analysts in an ET Now poll. The company had posted Rs 1,136 crore profit in the similar period last year.By The Economic Times| 20146 views
Asian Paints Q4 net profit down 1.6% YoY, misses Street estimates
Asian Paints on Thursday reported a 1.6 per cent year-on-year fall in consolidated profit after minority interest at Rs 473.11 crore, falling short of Rs 595 crore projected by analysts in an ET NOW poll. The paints company had reported Rs 480.99 crore profit in the corresponding quarter last year. Consolidated revenue from operations rose 11.7 per cent to Rs 5,018.21 crore from Rs 4,492.30 crore in the year-ago quarter.
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Watch Asian Paints Q4 net profit down 1.6% YoY, misses Street estimates With HD QualityBy The Economic Times| 175 views
L&T Q4 profit rises 8% YoY to Rs 3,418 cr
Engineering and construction major Larsen & Toubro on Friday reported a 7.91 per cent year-on-year rise in profit (attributable to owners) at Rs 3,418.24 crore for the quarter ended March 31. Analysts in an ET NOW poll had projected a profit of Rs 3,414 crore. The company had posted a net of Rs 3,167.47 crore in the corresponding quarter last year. Consolidated revenue from operations increased 10.46 per cent YoY to Rs 44,933.96 crore from Rs 40,678.10 crore
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Watch L&T Q4 profit rises 8% YoY to Rs 3,418 cr With HD QualityBy The Economic Times| 264 views
Tata Motors Q4 profit slumps 47% YoY to Rs 1,117 cr
Tata Motors on Monday reported a 47.41 per cent year-on-year (YoY) fall in profit at Rs 1,117.48 crore for March quarter compared with Rs 2,125.24 crore in the same quarter last year.
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Watch Tata Motors Q4 profit slumps 47% YoY to Rs 1,117 cr With HD QualityBy The Economic Times| 238 views
Yes Bank Q1 net profit slumps 91% YoY to Rs 114 crore
Private lender Yes Bank on Wednesday reported a 91 per cent plunge in June quarter net profit at Rs 113.80 crore thanks to a one-off impact from mark-to-market provisions of Rs 1,109 crore. The bank’s net interest income grew 2.8 per cent YoY to Rs 2,281 crore in Q1FY20, despite absorbing a Rs 223 crore impact due to interest reversals on account of slippages during the quarter. Pre-provisioning operating profit grew 48 per cent sequentially to Rs 1,959 crore. The bank managed to post net profit of Rs 114 crore for Q1 despite absorbing one-off impact from MTM provisions of Rs 1,109 crore.
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Reliance Jio Q1 profit jumps 46% YoY to Rs 891 crore
Reliance Jio Infocomm (Jio) reported its seventh straight profitable quarter, with a 46% on year expansion in the bottom line for the April-June period on the back of strong user additions and increased data usage, though the company average revenue per user (ARPU) fell on quarter as the company added mostly lower revenue generating subscribers. The Mukesh Ambani-controlled company, which has upended the market since its entry in September 2016 with cheap mobile Internet services, posted a net profit of Rs891 crore for the fiscal first quarter, compared with Rs840 crore in the January-March period.
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Vedanta Q1 profit drops 12% YoY to Rs 1,351 crore
Mining major Vedanta on Friday said consolidated attributable profit fell 12 per cent year-on-year to Rs 1,351 crore in the June quarter compared with Rs 1,533 crore in the corresponding quarter last year. Analysts in an ET NOW poll had projected a profit of Rs 1,354 crore. Revenue from operations fell 4 per cent to Rs 21,167 crore compared with Rs 21,942 crore in the same quarter last year.
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Watch Vedanta Q1 profit drops 12% YoY to Rs 1,351 crore With HD QualityBy The Economic Times| 230 views
ITC Q1 profit meets Street estimates, rises 13% YoY to Rs 3,174 crore
ITC on Friday posted 5.7% growth in revenue from operations at Rs 11,502.82 crore for the first quarter ending June 30, 2019 missing street estimates. The company attributed the sales growth to the paperboards, hotels and non-cigarette FMCG business. The cigarette-FMCG-hotel major’s net profit for the quarter grew by 12.6% at Rs 3173.94 crore over the same period last year.
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Watch ITC Q1 profit meets Street estimates, rises 13% YoY to Rs 3,174 crore With HD QualityBy The Economic Times| 188 views
HCL Technologies Q1 profit drops 8% YoY to Rs 2,220 cr
HCL Technologies on Wednesday reported 7.60 per cent year-on-year dip in profit at Rs 2,220 crore for the quarter ended June 30. Analysts in an ET NOW poll had projected a profit of Rs 2,378 crore. Revenue of the IT major, however, increased 18.40 per cent to Rs 16,425 crore during the quarter under review.
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Watch HCL Technologies Q1 profit drops 8% YoY to Rs 2,220 cr With HD QualityBy The Economic Times| 309 views
Mortgage lender HDFC on Monday reported a 60.57 per cent year-on-year jump in standalone profit at Rs 3,961.53 crore for the September quarter. The lender had reported Rs 2,467.08 crore profit in the same quarter last year.
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Tata Steel Q3 profit jumps 54% YoY to Rs 1,753 crore
The Economic Times | A Times Internet Limited product
Tata Steel on Friday reported 54.31 per cent year-on-year (YoY) rise in profit at Rs 1,753 crore for December quarter, which fell short of Rs 2,289 crore net estimated by analysts in an ET Now poll. The company had posted Rs 1,136 crore profit in the similar period last year.By The Economic Times| 20146 views
Asian Paints Q4 net profit down 1.6% YoY, misses Street estimates
Asian Paints on Thursday reported a 1.6 per cent year-on-year fall in consolidated profit after minority interest at Rs 473.11 crore, falling short of Rs 595 crore projected by analysts in an ET NOW poll. The paints company had reported Rs 480.99 crore profit in the corresponding quarter last year. Consolidated revenue from operations rose 11.7 per cent to Rs 5,018.21 crore from Rs 4,492.30 crore in the year-ago quarter.
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Watch Asian Paints Q4 net profit down 1.6% YoY, misses Street estimates With HD QualityBy The Economic Times| 175 views
L&T Q4 profit rises 8% YoY to Rs 3,418 cr
Engineering and construction major Larsen & Toubro on Friday reported a 7.91 per cent year-on-year rise in profit (attributable to owners) at Rs 3,418.24 crore for the quarter ended March 31. Analysts in an ET NOW poll had projected a profit of Rs 3,414 crore. The company had posted a net of Rs 3,167.47 crore in the corresponding quarter last year. Consolidated revenue from operations increased 10.46 per cent YoY to Rs 44,933.96 crore from Rs 40,678.10 crore
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Watch L&T Q4 profit rises 8% YoY to Rs 3,418 cr With HD QualityBy The Economic Times| 264 views
Tata Motors Q4 profit slumps 47% YoY to Rs 1,117 cr
Tata Motors on Monday reported a 47.41 per cent year-on-year (YoY) fall in profit at Rs 1,117.48 crore for March quarter compared with Rs 2,125.24 crore in the same quarter last year.
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Watch Tata Motors Q4 profit slumps 47% YoY to Rs 1,117 cr With HD QualityBy The Economic Times| 238 views
Yes Bank Q1 net profit slumps 91% YoY to Rs 114 crore
Private lender Yes Bank on Wednesday reported a 91 per cent plunge in June quarter net profit at Rs 113.80 crore thanks to a one-off impact from mark-to-market provisions of Rs 1,109 crore. The bank’s net interest income grew 2.8 per cent YoY to Rs 2,281 crore in Q1FY20, despite absorbing a Rs 223 crore impact due to interest reversals on account of slippages during the quarter. Pre-provisioning operating profit grew 48 per cent sequentially to Rs 1,959 crore. The bank managed to post net profit of Rs 114 crore for Q1 despite absorbing one-off impact from MTM provisions of Rs 1,109 crore.
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Watch Yes Bank Q1 net profit slumps 91% YoY to Rs 114 crore With HD QualityBy The Economic Times| 224 views
Reliance Jio Q1 profit jumps 46% YoY to Rs 891 crore
Reliance Jio Infocomm (Jio) reported its seventh straight profitable quarter, with a 46% on year expansion in the bottom line for the April-June period on the back of strong user additions and increased data usage, though the company average revenue per user (ARPU) fell on quarter as the company added mostly lower revenue generating subscribers. The Mukesh Ambani-controlled company, which has upended the market since its entry in September 2016 with cheap mobile Internet services, posted a net profit of Rs891 crore for the fiscal first quarter, compared with Rs840 crore in the January-March period.
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Watch Reliance Jio Q1 profit jumps 46% YoY to Rs 891 crore With HD QualityBy The Economic Times| 289 views
Vedanta Q1 profit drops 12% YoY to Rs 1,351 crore
Mining major Vedanta on Friday said consolidated attributable profit fell 12 per cent year-on-year to Rs 1,351 crore in the June quarter compared with Rs 1,533 crore in the corresponding quarter last year. Analysts in an ET NOW poll had projected a profit of Rs 1,354 crore. Revenue from operations fell 4 per cent to Rs 21,167 crore compared with Rs 21,942 crore in the same quarter last year.
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Watch Vedanta Q1 profit drops 12% YoY to Rs 1,351 crore With HD QualityBy The Economic Times| 230 views
ITC Q1 profit meets Street estimates, rises 13% YoY to Rs 3,174 crore
ITC on Friday posted 5.7% growth in revenue from operations at Rs 11,502.82 crore for the first quarter ending June 30, 2019 missing street estimates. The company attributed the sales growth to the paperboards, hotels and non-cigarette FMCG business. The cigarette-FMCG-hotel major’s net profit for the quarter grew by 12.6% at Rs 3173.94 crore over the same period last year.
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Watch ITC Q1 profit meets Street estimates, rises 13% YoY to Rs 3,174 crore With HD QualityBy The Economic Times| 188 views
HCL Technologies Q1 profit drops 8% YoY to Rs 2,220 cr
HCL Technologies on Wednesday reported 7.60 per cent year-on-year dip in profit at Rs 2,220 crore for the quarter ended June 30. Analysts in an ET NOW poll had projected a profit of Rs 2,378 crore. Revenue of the IT major, however, increased 18.40 per cent to Rs 16,425 crore during the quarter under review.
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The Economic Times
From priority to allocation criteria: Centre releases revised guidelines for COVID vaccination drive
Govt of India releases revised guidelines for national COVID vaccination program, to be implemented from June 21. "Vaccine doses to be allocated to States/UTs based on population, disease burden & vaccination' progress. Wastage will affect allocation negatively," guidelines say.
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From priority to allocation criteria: Centre releases revised guidelines for COVID vaccination driveBy The Economic Times| 64910 views
Suvendu Adhikari meets HM Amit Shah amid reports of post-poll violence in Bengal
Leader of Opposition in the West Bengal Assembly and BJP MLA Suvendu Adhikari called on Union Home Minister Amit Shah in Delhi amid reports of post-poll violence in Bengal.
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Suvendu Adhikari meets HM Amit Shah amid reports of post-poll violence in BengalBy The Economic Times| 1160 views
Uttar Pradesh: 22 patients die during alleged 'mock oxygen drill' at Agra hospital, probe on
22 Covid & non-Covid patients allegedly died following a 'mock oxygen drill' in UP. A viral video purportedly of a hospital owner in Agra has sparked a major controversy. In the video, the man is heard saying that he got oxygen supply from patients snapped for 5 mins. The man, in the video, added that this was part of an experiment to know who all will survive. Reports suggest the video is purportedly of Arinjay Jain, owner of Paras Hospital on NH 2. UP health dept has ordered a probe into the incident after the video went viral.
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Uttar Pradesh: 22 patients die during alleged 'mock oxygen drill' at Agra hospital, probe onBy The Economic Times| 1165 views
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Press briefing of Election Commission of India on completion of 2nd Phase of #LokSabhaElection2019 and State Legislative Assemblies elections.
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