Benefits of scale, lower moratorium turning positive…
SBI reported a strong operational performance with NII surging 16% YoY, whole bank advances up 8.6% YoY a..
High moratorium rate, asset quality remain key concerns
* Despite subdued growth and depressed margins, KVB reported a PAT of Rs1.05bn (est. Rs658mn), driven by high ..
US drags down revenues but margins improve…
Revenues de-grew 9.4% YoY to | 7585 crore (I-direct estimate: | 7948 crore) mainly due to 27.5% YoY decline in US f..
Strong performance; healthy outlook…
Tata Communication reported a better-than-expected performance on the operating front led by superior revenues and margins..
Asset quality risk remains high, liability profile weaker
* Ujjivan SFB reported a PAT of Rs564mn, lower than the estimate of Rs618mn, dragged by low margins and high..
Covid-19 led pain leads to losses…
Music Broadcast (MBL) reported disappointing results for Q1FY21. Revenues fell sharply by 79.4% YoY to | 14.4 crore as ad sp..
Robust deal wins, improving outlook…
Mphasis reported 4.6% QoQ fall in revenues in constant currency terms and margins declined 60 bps to 15.7%. However, the c..
Margins continue to improve…
Zensar Technologies (Zensar) reported Q1FY21 numbers. Dollar revenues fell 7.0% QoQ mainly due to a decline in retail & financ..
Highlightes From The Quarter (Q1FY21):
* The Indian Hume Pipe Company Ltd (IHP) reported a total Revenue from Operations of Rs. 217.7 Crore in Q1FY21 as against Rs. 4..
Strong margins in challenging demand scenario…
Radico Khaitan reported strong margins in Q1FY21 in spite of a decline in revenues. Net revenues for Q1FY21 decl..
For the Quarter ended Q1-FY21:
* The company faced numerous challenges due to the nation wide lockdown imposed by the Government due to COVID-19 pandemic. As a result..
Stable revenue growth with visible recovery…
Q1FY21 revenues grew 14% YoY to | 1671 crore (I-direct estimate: | 1651 crore) mainly due to 18.9% YoY growth in b..
NCLT approves sale of IL&FS education arm to LEHL
Hyundai Motor India adds new Board members
Vodafone Idea board to mull raising funds post AGR verdict
Amazon to invest $18 billion this year to help SMBs grow
Headwinds recede for Tata Motors, but it is not out of the woods just yet
30 COVID vaccine candidates being developed: Health Ministry
Konkan Railways delivers 2 DEMU train sets to Nepal Railways
IPO Note - Computer Age Management Services Ltd By Geojit Financial
Rupee expected to appreciate further towards 72.70 level - ICICI Direct
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