ONGC, Grasim, Coal India: ONGC, Grasim Industries, Coal India,
Industries, Motherson Sumi Systems, Apollo Hospitals , Hero MotoCorp, Ashok Leyland, Abott India, , PI Industries, , Max Healthcare, and Voldafone Idea are among the companies that will announce their September quarter results today.
Fino Payments Bank: The new age lender is going to make its Dalal Street debut on Friday. The initial stake sale of the banl was open for subscription between October 29 and November 2. However, the lender has not seen any activity in the grey market. It sold its shares in the price range of Rs 560-577 a piece to raise Rs 1,200.29 crore via IPO.
Tata Steel: The Tata Group firm said its consolidated net profit jumped manifold to Rs 12,547.70 crore in the July-September quarter of 2021-22 helped by higher income. The company’s “net profit for the period” was at Rs 1,665.07 crore in the corresponding quarter of the previous financial year.
Sun Pharmaceutical Industries: The pharma player said it is gearing up to introduce Merck Sharp Dohme (MSD) and Ridgeback’s molnupiravir under the brand name Molxvir in India. The Drugs Controller General of India (DCGI) is currently reviewing clinical data of molnupiravir for the treatment of COVID-19 in adults in India.
Indiabulls Housing Finance: The Mortgage financier reported an 11 per cent dip in its net profit at Rs 286 crore in the quarter ended September due to a decline in its loan book. The lender’s profit after tax stood at Rs 323 crore in the same quarter of the previous fiscal.
Brigade Enterprises: The realty firm reported a consolidated net profit of Rs 12.03 crore for the quarter ended September 30, on higher income. The company had posted a net loss of Rs 17.08 crore in the year-ago period.
Piramal Enterprises: The NBFC reported a 32.12 per cent decline in consolidated net profit at Rs 426.49 crore for the quarter ended September, mainly on account of decline in sales in financial services segment and one time expense related to transaction cost for DHFL acquisition.
APL Apollo Tubes: Two promoters of the iron and steel company offloaded shares worth over Rs 405 crore in the firm, through open market transactions. The promoters – Rahul Gupta and APL Infrastructure Pvt Ltd – sold shares for Rs 135.13 crore and Rs 270.18 crore, respectively.
NHPC: The state-run hydro power giant posted a 7 per cent rise in its consolidated net profit to Rs 1,386.81 crore in the July-September quarter compared to a year-ago period mainly on the back of higher revenues. The consolidated net profit of NHPC was Rs 1,300.40 crore in the quarter ended on September 30, 2020.
Minda Industries: The auto components maker Uno Minda Group flagship firm reported 13 per cent rise in consolidated net profit at Rs 113.43 crore for September quarter 2021-22 riding on higher sales amid challenges of high commodity prices and semiconductor shortage.
Housing and Urban Development Corporation: The State-owned housing finance player reported a 19 per cent decline in its consolidated net profit to Rs 370.40 crore for the second quarter ended September 30. Its profit stood at Rs 457.25 crore in the year-ago period.
JB Chemicals & Pharmaceuticals: The drug firm reported a 32.41 per cent rise in its consolidated net profit to Rs 97.88 crore for the quarter ended on September 30, 2021 mainly on account of robust sales.
BGR Energy Systems: The construction and engineering player posted Rs 2.65 crore consolidated net profit for the September quarter mainly on the back of higher revenues. The company had reported a loss of Rs 151.17 crore in the quarter ended on September 30, 2020.
RITES: The state-run railway player posted about 32 per cent rise in consolidated profit after tax (PAT) at Rs 174.49 crore for September quarter 2021-22. In the year-ago period, the PAT was at Rs 132.36 crore.
Natco Pharma: The drug firm reported a 68 per cent dip in its consolidated net profit to Rs 65.1 crore for the second quarter ended September 30. The Hyderabad-based firm had posted a consolidated net profit of Rs 203.9 crore in the July-September quarter of the previous fiscal.
Aster DM Healthcare: The healthcare facilities player reported an over three-fold jump in consolidated net profit to Rs 127.62 crore for the quarter ended September. The company had posted a net profit of Rs 42.25 crore for the corresponding period of the previous fiscal.
India: The tyre maker reported 20.4 per cent decline in profit after tax (PAT) at Rs 39 crore for the second quarter ended September 30, 2021. The company had posted a PAT of Rs 49 crore in July-September period of previous fiscal year.
Sundram Fasteners: The part of the TVS Group company, has reported standalone profit for the quarter ending September 30, 2021 at Rs 120.16 crore. The bolts and nuts, water and oil pumps, hot and warm forged parts maker had reported standalone net at Rs 97.36 crore, during corresponding quarter of previous year
PTC India: The electric utilities posted a marginal rise of about one per cent in consolidated net profit at Rs 195.48 crore for September quarter 2021-22. In the year-ago period, the company clocked a profit of Rs 193.64 crore.
NLC India: The utility player said its consolidated profit in September quarter 2021-22 more than tripled to Rs 197.02 crore. The company had posted a profit of Rs 61.98 crore in the year-ago period.
Suryoday Small Finance Bank: The private lender posted a loss of Rs 1.92 crore in the second quarter ended September 2021 on account of rise in bad loans. The bank, which was listed on the bourses in late-March 2021, had reported a net profit of Rs 27.24 crore in the second quarter a year ago.
CESC: The consolidated net profit of electric utility player declined 12 per cent to Rs 340 crore in the quarter ended September 2021 as against Rs 387 crore in the previous corresponding period, the company said.
Hindustan Construction Company: The construction player reported a consolidated net profit of Rs 139.2 crore for the second quarter ended September 30. The company had clocked a net loss of Rs 476.61 crore in the corresponding quarter last year.
Garware Hi-Tech Films: The commodity chemical player posted 14.77 per cent growth in consolidated net profit to Rs 43.34 crore in the second quarter ended September 30. The company had reported a net profit of Rs 37.76 crore in the year-ago period.
IFCI: The long-term infrastructure term lender reported widening of consolidated net loss to Rs 444.72 crore for the quarter ended September 2021 due to fall in income and higher expenses. The company incurred a net loss of Rs 43.30 crore in the year- ago period.
Southern Petrochemical Industries Corporation: The chennai based agri-nutrient and fertiliser company has recorded Rs 53.64 crore profit after tax for the quarter ending September 30, 2021. It had registered a profit after tax at Rs 4.09 crore during the corresponding quarter previous year.
Tribhovandas Bhimji Zaveri: The jewellery retail chain reported 49.38 per cent decline in consolidated profit at Rs 7.35 crore for September quarter 2021-22. The company’s profit in the year-ago period stood at Rs 14.52 crore.
Reliance Home Finance: The Anil Ambani Group company reported narrowing of its net loss to Rs 284.49 crore for the quarter ending September. It had reported a net loss of Rs 574.40 crore in quarter ended in September 30, 2020.
Ajmera Realty & Infra India: The real estate player reported a 48 per cent increase in its consolidated net profit at Rs 11.43 crore for the quarter ended September. Its net profit stood at Rs 7.70 crore in the year-ago period.
Bajaj Hindustan Sugar: The sugar player reported narrowing of its consolidated loss to Rs 113.01 crore during the quarter ending September. The company’s loss during the corresponding quarter of the previous fiscal stood at Rs 159.71 crore.
RSWM: The manufacturer and exporter of synthetic and blended spun yarns, will invest Rs 330 crore in capital expenditure (capex) over the current financial year, to continue its growth trajectory and stronger financial performance.
