Pidilite Industries, :
, Cadila Healthcare, IDFC, HEG, , The Assurance Company, Endurance Technologies, Bata India, Bajaj Electricals, Aster DM Healthcare, PNC Infratech and CESC are among the companies that will announce quarterly earnings today.
Zomato: The online food delivery platform reported widening of its net loss to Rs 360.7 crore for the quarter ended on June 30, 2021, mainly on account of rise in expenses. The company had posted a net loss of Rs 99.8 crore for the corresponding period of the previous fiscal, Zomato Ltd said in a regulatory filing.
India: The company posted a nearly three-fold jump in consolidated net profit at Rs 5,998.28 crore in the June quarter, mainly on the back of higher revenues. The consolidated net profit stood at Rs 2,048.42 crore in the year-ago period, according to a BSE filing.
Reliance Industries: The Mukesh Ambani company may not be able replicate the success of its India telecoms operations in Europe with a potential bid for T-Mobile Netherlands, brokerage UBS has said after a newswire report said RIL is weighing a bid for Deutsche Telecom’s Dutch arm.
PNB Housing Finance: The HFC currently negotiating legal hurdles in fund-raising, plans to focus on the affordable housing segment as it is less capital-intensive and carries lower credit risks. The home financier is also looking to raise fee income through co-lending with banks.
Vedanta: Metals and mining firm Vedanta will be investing close to $20 billion (Rs 1,48,900 crore) across all its businesses in the next few years, said Vedanta’s Chairman Anil Agarwal.
Siemens: The company said its standalone profit after tax (PAT) saw a multifold jump to Rs 162 crore during the quarter ended June 30, 2021, boosted by higher revenues. In the year-ago quarter, the company had clocked Rs 10-crore “profit after tax from continuing operations”, Siemens Ltd said in a statement.
(Maharashtra): The telecom operator reported narrowing of its loss to Rs 318.45 crore for the first quarter ended June 30. The company had recorded a loss of Rs 1,069.26 crore in the same quarter a year ago.
Gati: Allcargo group company Gati has appointed Pirojshaw Sarkari as its CEO, the company said on Tuesday. Sarkari was appointed after Bala Aghoramurthy, Deputy Managing Director at Gati-KWE, decided to take a break from his corporate executive role, the express logistics and supply chain solutions provider said.
Eveready: Dry cell battery major
has appointed its former Chief Financial Officer as the joint managing director to increase the professional depth in the management. This post was solely enjoyed by the Khaitan family earlier.
IFCI: The infrastructure sector lender reported widening of loss to Rs 717.78 crore in the first quarter of the current fiscal. The company had a net loss of Rs 296.42 crore on a standalone basis in the same quarter of previous financial year.
Infibeam Avenues: Fintech solutions provider Infibeam Avenues said its consolidated net profit grew 14 per cent to Rs 13 crore in the June quarter. The company had reported a net profit at Rs 12 crore in the year-ago period, it said in a statement.
Trent: The Tata group retail frim reported narrowing of consolidated net loss at Rs 138.3 crore in the first quarter ended June 30 despite disruptions by the second wave of COVID-19 pandemic. The company had posted a consolidated net loss of Rs 184.04 crore in the same period last fiscal, Trent Ltd said in a regulatory filing.
