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Country’s biggest carmaker Maruti Suzuki on Friday posted 17.21 per cent year-on-year dip in profit at Rs 1,489.30 crore for the quarter ended December 31. The firm had posted a profit of Rs 1,799 crore in the corresponding quarter last year..
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Country’s biggest carmaker Maruti Suzuki on Friday posted 17.21 per cent year-on-year dip in profit at Rs 1,489.30 crore for the quarter ended December 31. The firm had posted a profit of Rs 1,799 crore in the corresponding quarter last year.
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Asian Paints on Thursday reported a 1.6 per cent year-on-year fall in consolidated profit after minority interest at Rs 473.11 crore, falling short of Rs 595 crore projected by analysts in an ET NOW poll. The paints company had reported Rs 480.99 crore profit in the corresponding quarter last year. Consolidated revenue from operations rose 11.7 per cent to Rs 5,018.21 crore from Rs 4,492.30 crore in the year-ago quarter.
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Private lender Yes Bank on Wednesday reported a 91 per cent plunge in June quarter net profit at Rs 113.80 crore thanks to a one-off impact from mark-to-market provisions of Rs 1,109 crore. The bank’s net interest income grew 2.8 per cent YoY to Rs 2,281 crore in Q1FY20, despite absorbing a Rs 223 crore impact due to interest reversals on account of slippages during the quarter. Pre-provisioning operating profit grew 48 per cent sequentially to Rs 1,959 crore. The bank managed to post net profit of Rs 114 crore for Q1 despite absorbing one-off impact from MTM provisions of Rs 1,109 crore.
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India’s largest carmaker Maruti SuzukiNSE 0.94 % on Friday reported a 27.3 per cent year-on-year (YoY) drop in net profit at Rs 1,435.50 crore for the June quarter on weak volumes and higher depreciation expenses. Analysts in an ET NOW poll had projected a profit of Rs 1,350 crore.
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Oil-to-telecom giant Reliance Industries on Thursday reported 8.82 per cent year-on-year (YoY) rise in consolidated profit at Rs 10,251 crore. Analysts in an ET Now poll had estimated the profit at Rs 9,540 crore.
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ITC on Friday posted 5.7% growth in revenue from operations at Rs 11,502.82 crore for the first quarter ending June 30, 2019 missing street estimates. The company attributed the sales growth to the paperboards, hotels and non-cigarette FMCG business. The cigarette-FMCG-hotel major’s net profit for the quarter grew by 12.6% at Rs 3173.94 crore over the same period last year.
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IT major Wipro on Tuesday reported a 35.82 per cent YoY rise in consolidated net profit at Rs 2,561.30 crore for the September quarter compared with Rs 1,885.70 crore in the corresponding quarter last year. On a sequential basis, the profit was up 6.2 per cent. The company has guided for IT services revenue of $2,065 million to $2,106 million for the December quarter. This translates to a sequential growth of 0.8 per cent to 2.8 per cent.
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Tata Motors on Monday reported a 47.41 per cent year-on-year (YoY) fall in profit at Rs 1,117.48 crore for March quarter compared with Rs 2,125.24 crore in the same quarter last year.
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Engineering and construction major Larsen & Toubro on Tuesday said consolidated profit after tax (PAT) rose 20.5 per cent to Rs 1,361 crore in the June quarter compared with Rs 1,129 crore in the same quarter last year.
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Maruti Suzuki Plant: खरखौदा में PM Modi आज रखेंगे Maruti Suzuki के Plant आधारशिला
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Maruti Suzuki Plant: खरखौदा में
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