Maruti Suzuki, Nestle, SRF: Maruti Suzuki, Nestle (India), SRF, IDBI Bank,
, , Cofoge, ABB India, Pfizer, , Happiest Minds Technologies, , Welspun India and UTI Asset Management Company are among the company that will announce quarterly earnings today.
IndusInd Bank: The private banking major reported doubling of its net profit to Rs 1,016 crore in the June 2021 quarter, on a dip in provisioning and a surge in other income. The bank had posted a net profit of Rs 510.39 crore in the corresponding quarter of the previous financial year.
Larsen & Toubro: The engineering major said its board has approved the amalgamation of the company’s wholly-owned arm L&T Hydrocarbon Engineering Ltd with the parent firm. The go-ahead was given in the meeting of board of directors, Larsen & Toubro said in a filing to BSE.
ICICI Lombard, DRL:
General Insurance Company and Dr Reddy’s Laboratories-owned SVAAS Wellness have joined hands to offer cashless outpatient services to health insurance policyholders.
Coal India: The State-owned miner has taken an out-of-the-box initiative to produce sand from overburden at a much cheaper price, the government said. During opencast mining of coal, the strata lying above coal seam is known as overburden, comprising clay alluvial sand and sandstone with rich silica content.
Granules India: The drug firm reported an 8 per cent rise in its consolidated net profit to Rs 120 crore for the quarter ended June 30, 2021. The company had posted a net profit of Rs 111 crore for the corresponding period of the previous fiscal.
Canara Bank: The state-run lender reported a nearly three-fold jump in its net profit to Rs 1,177 crore in the quarter ended in June helped by a dip in the provision for bad loans. The bank had reported a profit of Rs 406 crore in the year-ago quarter.
Dalmia Bharat: The cement maker reported 45.02 per cent increase in consolidated net profit at Rs 277 crore for the first quarter ended June 30, 2021, helped by sales volume growth and a lower base. The company had posted a net profit of Rs 191 crore in April-June period a year ago.
IRB Infrastructure Developers: The realty and construction firm said it has completed a total fundraising of Rs 381.63 crore, with a Rs 194.63-crore investment in its sponsored IRB Infrastructure Trust.
Torrent Pharmaceuticals: The drug firm reported a 2.8 percent rise in its consolidated net profit to Rs 330 crore for the quarter ended in June. The company had posted a net profit of Rs 321 crore for the corresponding period of the previous fiscal.
Mahindra Logistics: The transportation frim reported a consolidated net profit of Rs 9.35 crore for the quarter ended June 30, 2021. The company had posted a consolidated net loss of Rs 15.81 crore in the year-ago period.
Karnataka Bank: The private sector reported a nearly 46 per cent fall in net profit at Rs 106.08 crore for the quarter ended June 2021, mainly on account of decreased treasury income. The lender’s net profit stood at Rs 196.38 crore in the year-ago period.
The Ramco Cements: The cement maker reported a 46.10 per cent increase in consolidated net profit at Rs 171.67 crore for the quarter ended June, helped by growth in sales The company had posted a net profit of Rs 117.50 crore during the April-June period of the previous fiscal.
Sanofi India: The drug firm reported a net profit of Rs 178.3 crore for the second quarter ended in June. The company had posted a net profit of Rs 136.3 crore for the corresponding period of the previous financial year.
IIFL Finance: The financial services firm reported a 735 per cent jump in consolidated net profit at Rs 265.82 crore for the quarter ended June on healthy growth in its loan portfolios. It had posted a net profit of Rs 31.84 crore in the year-ago quarter.
BLS International Services: The visa services firm posted a consolidated net profit of about Rs 20.3 crore for the June 2021 quarter. It had reported a loss of about Rs 80 lakh in the year-ago period.
