The company also appointed Vinita Bali, former managing director and chief executive officer of Britannia Industries, as a new independent director, effective February 24, 2020
Firm has already brought in a nominee of the French oil major on its board
Its net profit stood at Rs 335.15 crore in the year-ago period
The company's consolidated total revenue stood at Rs 523.20 crore in Q3 of FY20, up by 11 per cent from Rs 470.94 in the corresponding quarter last year
Bharti Airtel India revenue rose 7 per cent to 15,797 crore, compared to the same period of 2018-19.
Net profit after tax up 20% to Rs 724 cr, revenues rise 9% to Rs 3,806 cr, Gross NPAs up by 1.8%
The company had posted a consolidated net profit of Rs 108.89 crore in the year-ago period, Tata Global Beverages Ltd (TGBL) said in a regulatory filing
PBT for the quarter ended December 2019 after exceptional item stood at Rs. Rs.145.7 crore as compared to Rs 258.45 crore, a year ago.
Net NPA which was 3.7 per cent last year third quarter dropped to 2 per cent during the current fiscal
The company had clocked a Rs 146-crore net profit during the corresponding quarter a year ago, JSW Energy said in a BSE filing
Battery maker Exide Industries Ltd on Tuesday reported a 16.76 per cent decline in consolidated net profit at Rs 118.15 crore for the third quarter ended December 31, 2019. The company had posted a consolidated net profit of Rs 141.94 crore in the same period last fiscal, Exide Industries said in a regulatory filing. Revenue from operations during the period under review stood at Rs 3,553.64 crore, as compared to Rs 3,283.4 crore in the year-ago quarter, it added. Commenting on the performance, Exide Industries MD & CEO G Chatterjee said while original equipment manufacturer (OEM) demand for automotive batteries remain subdued, growth in sales of automotive and UPS batteries continue. "Exports also did well. Demand for telecom and other infrastructure batteries were under pressure during the third quarter," he added. The company continues to focus on cost control and technology upgradation, as strategies to improve the bottom-line, Chatterjee further said.
Net interest income up 24% to Rs 4,118 cr; GNPAs at same level as last year
Exports - accounting for 43% of volumes - rose 7%, which helped offset the slowdown in the domestic segment. Domestic sales fell 13%, largely on account of the sharp 16%
Topline up 7% led by 5.6% rise in volumes on faster rural sales, while pre-tax profit up over 9%
FMCG firm Marico Ltd on Thursday reported a nearly 10 per cent increase in consolidated net profit to Rs 276 crore for the quarter ended December 2019 helped by gross margin expansions. The company had posted a net profit of Rs 251 crore in the October-December quarter a year ago, Marico said in a BSE filing. However, net sales dropped by 1.98 per cent to Rs 1,824 crore during the quarter under review compared to Rs 1,861 crore in the corresponding quarter of the previous fiscal. "Benign input costs in the domestic and Bangladesh businesses led to gross margin expansion of 286 bps on a year- on-year basis. EBITDA margin expanded by 116 bps to 20.4 per cent," said Marico in a post earning statement. Commenting on the results, Marico MD & CEO Saugata Gupta said, The Company witnessed a muted quarter in the India business as channel partners grappled with liquidity constraints and consumption trends failed to bring any cheer." "However, relative offtake growth trends and market share
Its net profit stood at Rs 648.4 crore in the year-ago period
The consolidated income in the third quarter of 2019-20 rose to Rs 5,006.12 crore, from Rs 4,465.76 crore in same period year ago
Growth was driven by net interest income (NII), which increased 42 per cent year-on-year (YoY) to Rs 4,537 crore in Q3FY20
The Mundra power plant, the company said, saw lower fuel underrecovery in the December quarter.
During the quarter, the company said it accelerated its store opening momentum by opening 47 stores -- 44 for Domino's Pizza, two for Dunkin' Donuts and one for Hong's Kitchen