Piramal Enterprises: Ajay Piramal-led Piramal Enterprises’ Rs 3,650-crore rights issue will have to do all the heavy lifting in the final two days, with the offering subscribed less than 10 per cent until Friday.
Information technology sector leader Tata Consultancy Services (TCS) on Friday reported a mixed bag of financial numbers for the quarter ended December 31, with the company posting its slowest revenue growth in eight quarters, though it improved profitability. READ MORE
RIL's good performance in its new-age digital and retail businesses compared to the traditional oil and petrochemicals has started showing in its numbers with the group announcing a marginal 3.6 per cent year-on-year (YoY) increase in RIL’s profit before tax at Rs 14,962 crore for the December-ended quarter.
HDFC Bank: Private lender HDFC Bank on Saturday reported a 32.8 per cent growth in net profit to Rs 7,416.5 crore for the third quarter ended December 31 driven by interest and non-interest income. The bank had posted a net profit of Rs 5,585.9 crore in the October-December quarter of the last financial year.
HCL Tech: IT major HCL Technologies on Friday posted a 13 per cent rise in its consolidated net profit at Rs 2,944 crore for the December 2019 quarter. The management raised FY20 revenue guidance in CC terms to 16.5 - 17 per cent (from 15-17 per cent).
L&T Finance Holdings on Friday reported a marginal 1.8 per cent rise in consolidated net profit to Rs 591.47 crore during the third quarter ended on December 31, 2019. Net profit in the year-ago period stood at Rs 580.96 crore.
Jindal Steel and Power reported a consolidated net loss of Rs 219 crore for the third quarter of the current financial year. It had reported a net loss of Rs 87 crore in the correspo nding quarter of previous fiscal.
The company on Friday reported consolidated net loss of Rs 31.92 crore for the quarter ended December on 31, 2019. However, the company had posted consolidated net profit of Rs 32.02 crore in the year-ago period, Blue Dart Express said in a BSE filing.
on Friday reported a 23 per cent increase in profit to Rs 294.11 crore for December 2019 quarter.
The company informed that the inspection of the Bengaluru facility, which took place between January 13 and January 17, 2020, concluded with zero observations and no Form 483 was issued.