JSPL reports a 45% drop in net profit in Q3FY20
On a consolidated basis, JSPL reported a net loss of Rs 219 crore in Q3FY20 against a net loss of Rs 87 crore in the same period last year. Consolidated turnover went down to Rs 9,300 crore during the quarter against a turnover of Rs 9,566 crore in the previous corresponding quarter.
Jio net profit surges 63% to Rs 1,350 cr in Dec quarter
ARPU, a key performance parameter, rose to Rs 128.4 from reported Rs 120 in the fisca...
Hindustan Zinc stock falls over 2% after Q3 results
Net profit in the year-ago period was Rs 2,211 crore, the company said.
India sees highest FII inflows in Asia since 2014
Taiwan and Indonesia drew foreign funds totalling $6 billion and $3.5 billion respectively.
Federal Bank shares up nearly 3% post Q3 results
Total income also improved to Rs 3,738.22 crore in the third quarter.
Brokerages cut Kotak Mahindra Bank’s target price post Q3 results
The bank made provisions and contingencies of Rs 444 crore for the quarter compared with Rs 407.93 crore in the September quarter.
Central Railway nets Rs 155 crore in fines from ticketless passengers
This is 14.44 per cent higher than the fines of Rs 135.56 crore recovered during the same period in 2018, he added. In a release, CR said it had earned Rs 12.20 crore from ticketless travellers in December, 2019 as against Rs 10.40 crore during the same month in 2018, an increase of 17.30 per cent.
RBI buys net $6.93 billion in currency market in November
The RBI bought $7.46 billion and sold $530 million in the market in November
SIP inflows hit record high at Rs 8,518 crore in Dec; MF asset base falls
MFs saw net outflow of Rs 61,810 crore, because of a Rs 71,159 crore outflow from liquid funds.
Lenders may net Rs 20,000 crore: Jio, UV Asset Recast Co top bidders for RCom assets
Bankers have named Jio as the preferred bidder for the tower and fibre assets housed in Reliance Infratel, while UVARCL will acquire the spectrum of RCom and its subsidiary Reliance Telecom. The combined offer from UVARCL and Jio is higher than the offer from Bharti Airtel — which had an NPV of Rs 8,500 crore.
TV18 Broadcast Q3 net profit up 40 pc at Rs 205 cr
Shares of TV18 Broadcast Ltd were trading at Rs 27.20 per scrip on BSE
FPIs open fund floodgates; Net inflow crosses Rs 1 trillion in 2019
Overseas investors have preferred equities over debt in 2019 with much higher inflows.
HDFC Bank PAT grows on other income, asset quality weakens: Key Q3 takeaways
Net non-performing assets (NNPAs) were at 0.48 per cent of net advances for the Dec quarter.
Tata Elxsi Q3 net profit jumps 14%; stock climbs 6%
Net sales for the quarter rose 4 per cent to Rs 423.43 crore
Bandhan Bank Q3 results: Profit more than doubles to Rs 731 crore
Non-interest income rose 52.99 per cent to Rs 358 crore from Rs 234 crore on a YoY basis. The company added 7.3 lakh customers during the quarter with total customer base at 1.9 crore as on December 31, the company said in a BSE filing.
Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service