Bajaj Finance, Kotak Bank, Axis Bank: Bajaj Finance, Kotak Mahindra Bank, Axis Bank,
, Cipla, Torrent Pharma, PI Industries, , Canara Bank, , Dr Lal Pathlabs, Nippon Life India Asset Management, and Sanofi are among the companies that will announce their September quarter results today.
Tech Mahindra: The software exporter reported a 26 per cent increase in its September quarter net at Rs 1,338.7 crore and expects to maintain the trajectory. It had a net profit of Rs 1,064.6 crore in the July-September quarter of 2020.
Telecom Operators: The government amended the telecom licence norms to reduce the tax burden on telecom operators by exempting all non-telecom revenues, income from dividends, interest, property sale and rent, among others, for calculation of levies like licence fees and spectrum usage charges.
Eicher Motor
: The shareholders of the auto player have approved a proposal to re-appoint Siddhartha Lal as the company’s managing director for a period of five years with effect from May 1 this year.
Indus Towers: The telecom infrastructure firm posted a 38 per cent rise in consolidated net profit to about Rs 1,559 crore for September 2021 quarter, as reforms announced recently for the telecom industry led to a sharp improvement in business sentiments.
HDFC Asset Management Company: The mutual fund player reported a nearly 2 per cent growth in profit after tax (PAT) to Rs 344.38 crore for the three months to September 2021. In comparison, the firm had posted a PAT of Rs 338.06 crore in the same quarter of the preceding fiscal.
SRF: The chemical manufacturer reported a 21 per cent rise in consolidated net profit at Rs 382.45 crore for the quarter ended September on higher revenue. The company had posted a net profit at Rs 315.20 crore in the year-ago period.
Deepak Fertilizers and Petrochemicals Corporation: The agrochemical player said it has raised Rs 510 crore through sale of shares to institutional investors. It said it has successfully raised Rs 510 crore through a QIP of equity shares.
Canara Bank: The state-owned said it has raised Rs 1,500 crore by issuing Basel-III compliant bonds. The bank has issued and allotted Basel-III compliant additional tier I bonds amounting to Rs 1,500 crore.
Kansai Paints: The paint maker reported 48 per cent fall in consolidated net profit at Rs 87.28 crore for the second quarter ended September 2021. The company had posted a net profit of Rs 167.96 crore in July-September period a year ago.
CEAT: The tyre maker reported a 77 per cent decline in consolidated net profit at Rs 42.28 crore for the second quarter ended September 30, impacted by higher input costs. The company posted a consolidated net profit of Rs 182.18 crore in the same quarter last fiscal.
Newgen Software: The IT company posted a 28 per cent increase in consolidated profit after tax (PAT) at Rs 37.4 crore for the quarter ended September. The company had recorded a PAT of Rs 29.2 crore in the same quarter a year ago.
Quick Heal Technologies: The security software provider said its consolidated net profit rose 20.1 per cent to Rs 34.6 crore in the September 2021 quarter. The company had posted a net profit of Rs 28.8 crore in the year-ago period.
Dwarikesh Sugar Industries: The sugar producer reported a 123.39 per cent growth in profit after tax for the September quarter at Rs 39.63 crore. The company’s PAT stood at Rs 17.74 crore during the corresponding quarter of 2020-21.
The Ramco Cements: The cement player reported an over two-fold jump in consolidated net profit at Rs 519.12 crore for the quarter ended September, helped by write-back of excess deferred tax and growth in sales. The company had posted a net profit of Rs 238.92 crore during the July-September period of the previous fiscal.
Aditya Birla Sun Life AMC: The recently listed mutual fund player reported 38 per cent jump in profit at Rs 173.1 crore for September quarter 2021-22. The company had posted a profit after tax of Rs 125.4 crore in the year-ago period.
Centrum Capital: The first branch of Unity Small Finance Bank, the joint venture between Centrum Group and Bharatpe, will be up and running shorty from the city with Rs 1,500 crore growth capital and a Rs 1,300-crore loan book.
CSB Bank: The Kerala based private lender reported a 72 per cent jump in net profit at Rs 118.57 crore in the second quarter ended September. It had reported a net profit of Rs 68.90 crore in the corresponding quarter of the previous fiscal.
Jagran Prakashan: The publisher of Hindi daily Dainik Jagran reported a sixfold jump in its consolidated net profit to Rs 60.89 crore for the quarter ended in September 2021. The company had posted a net profit of Rs 10.14 crore during the July-September quarter a year ago.
Inox Wind: The renewable energy player said its arm Inox Wind Infrastructure Services (IWISL) has inked a share purchase agreement to sell its entire equity stake in six firms to wholly-owned subsidiary Resco Global Wind Services.
