It had posted a net loss of Rs 5.67 crore in the October-December period a year ago, Orient Cement said in a BSE filing
The firm reported a consolidated net loss of Rs 66.09 crore in the December quarter
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The pre-tax loss came in at Rs 623.1 crore for the quarter under review, compared with pre-tax profit of Rs 556.5 crore clocked in Q3FY20.
In the broader market, the S&P BSE MidCap index ended 0.4 per cen lower while the smallcap counterpart closed down 0.45 per cent.
The firm reported a 24.74 per cent increase in net profit at Rs 248.36 crore in the third quarter ended in December
The company said it is not providing quantitative guidance for fiscal 2021 as in the near-term there are still reasons to remain cautious
According to the monthly sales data, TVS Motor sold 9.89 lakh units in Q3FY21, up 20 per cent YoY from 8.21 lakh units it sold in the year-ago period
Here's a selection of Business Standard opinion pieces for the day
With subscriber additions slowing, the price-competitive player is looking beyond its mobile operations to monetising its digital platforms. But that's where the competition is acute
Volume growth at 4%; urban markets buoyant
The company took calibrated price hikes to improve market share
New business premium grew 14 per cent to Rs 2,04,872 crore-mark, helping improve its market share among private sector players to 13 per cent
Early trends in corporate earnings hold out hope
Its net profit stood at Rs 41.99 crore in the year-ago period
On a consolidated basis, its profit after tax stood at Rs 1,196 crore during the three months ended December, the bank said in a release
Despite interest income declining by almost 7 per cent, the lender's NII rose 8.65 per cent to Rs 7,749 crore
New business sum assured grew by 22.2 per cent year-on-year during the December quarter
Domestic business up 16% led, by a 13% spike in volumes, as firm sees all-round growth across major brands
Diageo-controlled liquor maker United Spirits Ltd (USL) on Wednesday reported a 20.82 per cent rise in consolidated net profit at Rs 280.3 crore for the third quarter ended December 2020. The company's board, on Wednesday, also approved the succession plan to appoint Hina Nagarajan as the Chief Executive Officer - Designate of the company from April 1. USL had posted a net profit of Rs 232 crore in the 2019 December quarter. The company's revenues from operations jumped 7.65 per cent to Rs 8,410.3 crore in the latest December quarter. In the year-ago period, the same stood at Rs 7,812.3 crore, according to a regulatory filing. However, total expenses climbed to Rs 8,074.5 crore in the third quarter of the current fiscal as against Rs 7,503.3 crore in the same period a year ago. "Operational resilience, contextual marketing with focus on in-home occasions and renovation of our core brands supported the top-line recovery," Diageo India MD & CEO Anand Kripalu said. The third quarter