In Q3, the average zinc prices on the London Metal Exchange at $2,388 a tonne was down 9 per cent year-on-year (YoY); sequentially, it was up marginally by 2 per cent
IT company L&T Infotech (LTI) on Wednesday reported a marginal rise in its net profit at Rs 376.7 crore for the quarter ended December 31, 2019. The company had clocked a consolidated net profit after tax of Rs 375.5 crore in the year-ago period, L&T Infotech said in a filing to BSE. The consolidated income of the IT firm during October-December quarter increased to Rs 2,875.3 crore over Rs 2,503.8 crore in the year-ago period, the company said. The consolidated total expenses increased to Rs 2,375.5 crore during the quarter, against Rs 2,001.5 crore in the year-ago period. The shares of L&T Infotech were trading at Rs 1,906.00 a piece in afternoon trade on BSE.
Sequentially, net profit declined 24.79 per cent as it registered a profit of Rs 972 crore in Q2
The figure was Rs 985 crore in the same quarter a year before
Top line grows nearly 24 per cent despite weak consumer sentiment; EBITDA margins in Q3 for DMart came in at 8.8 per cent
The technical definition of a recession is two straight quarters of negative growth.
Combined net sales were up 12.6% YoY during the Oct-Dec 2017 quarter, growing at the fastest pace in the last three quarters
Highest net profit growth in 8 quarters at 27.7%
Growth will be largely due to a robust showing by commodity and energy producers