Besides rising input costs, the company also pointed to a brief shutdown in March to implement key digital projects that impacted its bottom line
Chairman R C Bhargava says local lockdowns and curfews have so far not had any impact on production and retail demand continues to outpace supply
Maruti Suzuki Q4 net declines 10% on supply chain disruptions, higher raw material costs, Bajaj Finance posts profit of Rs 1,347 crore in March quarter, and other top news of the day
The firm was impacted by a rise in commodity prices.
Drug firm Sanofi India on Tuesday reported a net profit of Rs 145.9 crore for the March ended quarter.
Total income fell by 5 per cent to Rs 6,855 crore from Rs 7,231 crore in year-ago period
Total income rose 16.1 per cent to Rs 353.11 crore
Net interest income rises 11% to Rs 7,555 cr; lender's Board didn't propose any dividend for year ended March 31, 2021
Maruti Suzuki India's net profit slipped on account of lower sales volume and increase in commodity prices
Hindalco, L&T, Tata Steel, Divis Labs, Reliance Industries, Bajaj Finance, and SBI were the top gainers on the 50-share pack
Analysts at Kotak Institutional Equities believe HDFC Life's rich valuation caps its upside
23% rise in net premium; Rs 41 cr Covid reserve last year completely used up to settle claims
Interest income down 20% YoY to Rs 1,072 cr; other income more than doubles to Rs 159 cr
Interest income down 20% YoY to Rs 1,072 cr; other income more than doubles to Rs 159 cr
The company's MD & CEO C P Gurnani and president (BFSI, HLS and corporate development) Vivek Agarwal talk to Shivani Shinde on the business momentum and M&A pace
Revenue for the quarter up 2.5% YoY to Rs 9,730 crore, and 0.9% compared to preceding quarter ended December 31, 2020
The board also recommended a dividend of Rs 30 per share, including a special dividend of Rs 15 per share
Investors booked profit in the pharma counters after a healthy rally over the past week. The index settled 0.87 per cent down.
The company is scheduled to report its Q4FY21 numbers on Tuesday, April 27. Here is what leading brokerages expect.
Following the March quarter results, most brokerages slashed their earnings expectations from HCL Tech