RIL, JSW Steel, SBI Cards: , JSW Steel, SBI Cards and Payment Services, , , Yes Bank, Consumer Electricals, Atul, Federal Bank, SKF India and Jubilant Pharmova are among the company that will announce quarterly earnings today.
Zomato: The food-tech start up will script scripted history on Friday by becoming India’s first unicorn to debut on stock exchanges. The Rs 9,375 crore issue had received bids for Rs 2.13 lakh crore worth shares which were the third-highest in Indian capital history. The listing of the IPO was advanced to Friday.
Cement: The Aditya Birla group firm reported an over two-fold jump in its consolidated net profit to Rs 1,700 crore in the first quarter ended June 2021, helped by volume growth and increased operational efficiencies. The leading cement producer had posted a net profit of Rs 793.08 crore in the April-June quarter a year ago.
Bharti Airtel: Bharti Airtel has raised entry-level corporate postpaid plans to Rs 299 per month and loaded them with extra data, according to a statement issued. Airtel has revised its postpaid plan portfolio for both retail and corporate customers.
Mphasis: The midcap IT firm reported a 23.4 per cent increase in consolidated net profit at Rs 339.6 crore in June 2021 quarter.The company’s net profit stood at Rs 275.1 crore in the year-ago period.
Tata Consumer Products: The tata group firm has commissioned a new plant in Gopalpur in the Odisha’s Ganjam district. The plant was commissioned in a span of 18 months with an investment of Rs 100 crore.
Vodafone Idea: The Department of Telecom is awaiting the details of investors from Vodafone Idea for clearing the telco’s Rs 15,000 crore foreign direct investment proposal, an official source said. Debt-ridden Vodafone Idea (Vi) has sought government approval to raise Rs 15,000 crore to fund its operations in the country.
Indiamart Intermesh: The B2B e-commerce platform a 19 per cent increase in consolidated net profit at Rs 88 crore for the quarter ended June 30, 2021. The company had posted a net profit of Rs 74 crore in the same period a year ago.
Persistent Systems: The IT firm reported a 68 per cent jump in consolidated net profit to Rs 151.2 crore for the April-June quarter of this year. The company had posted a net profit of Rs 90 crore in the year-ago period.
Hindustan Zinc: The Vedanta group firm reported a 45.9 per cent rise in net profit to Rs 1,983 crore for the quarter ended on June 30, 2021, driven by a recovery in metal prices and higher volumes. The company had posted a net profit of Rs 1,359 crore in the corresponding quarter of the previous fiscal.
CanFin Homes: The home loan lender reported a nearly 17 per cent rise in its net profit at Rs 108.85 crore in the first quarter ended June 2021. The company had posted a net profit of Rs 93.15 crore in the same quarter a year ago.
India: The cement maker reported a 40.27 per cent increase in its net profit at Rs 68.65 crore for the first quarter ended in June 2021. The company had reported a net profit of Rs 48.94 crore in the April-June quarter of the last fiscal
ICICI Lombard: The pandemic has left deep gashes on the balance-sheet of the leading non-life insurer
General Insurance, with its net income diving 62 per cent to Rs 152 crore for the June quarter.
Bank of Maharashtra: The state-run lender reported a 106 per cent jump in its standalone net profit at Rs 208 crore in the quarter ended June 2021, helped by improvement in asset quality and on higher net interest income. The lender had reported a profit after tax of Rs 101 crore in the same quarter of the previous fiscal.
BSE: Leading stock exchange BSE on Thursday announced the launch of trading in delivery-based futures contract in steel billets, which will provide a risk hedging instrument to stakeholders.
CSB Bank: The South India-based private lender reported a 13.89 per cent increase in its June quarter net at Rs 61 crore but witnessed reverses in asset quality, especially the largest segment of gold loans. The overall slippages came at Rs 423 crore for the quarter, of which gold loans were at Rs 337 crore.
South Indian Bank: The private sector lender reported an 87.4 per cent year-on-year decline in net profit to Rs 10.31 crore for the June quarter as interest income fell while proportion of bad assets soared.
Balaji Telefilms: The company has appointed Nachiket Pantvaidya as the Group Chief Executive Officer.
Tanla Platforms: The company posted a 32.9 per cent jump in its June 2021 quarter’s consolidated net profit at Rs 104.5 crore as against Rs 78.6 crore. The revenue was up by 37.5 per cent to Rs 626.4 crore, from Rs 455.5 crore in the same quarter previous year.
Developers: The company board to consider the proposal for issuance of bonus equity shares, subject to requisite approvals.
