Update: Q1 FY 2020-21 Numbers SBI Cards and Payment Services Limited (SBI Card) reported its first quarter numbers ended June 30, 2020 today after market hours. Total income stood at INR 2,195.60 Cr in Q1 June 2020, sliding 4.72 per cent from INR 2,304.27 Cr in Q1 June 2019. Interest income increased 34.6 per cent to INR 1,412 Cr in Q1 June 2020 from INR 1,049 Cr in Q1 June 2019. The company's net profit rose 14 per cent to INR 393.29 Cr in Q1 June 2020 compared with INR 345.59 Cr in Q1
All posts by Vishal Dalwadi
Update: Result Q1 FY 2020-21 ICICI Lombard General Insurance Company Limited - one of the leading private sector non-life insurers in India has announced its results after market hours yesterday, 17 July 2020. The insurance company’s total income rose nearly 2 per cent to INR 2844.17 Cr in Q1 June 2020 compared with INR 2791.08 Cr in Q1 June 2019. ICICI Lombard General Insurance Company reported a 28.5 per cent rise in net profit to INR 398.1 Cr in Q1 June 2020 compared with INR 309.81 Cr
Escorts Limited - one of India’s prominent engineering companies, is the best of choice for farming and construction equipment in the country. Escorts Limited: History Escorts Limited was incorporated in the year 1944 as Escorts Agents Limited in Lahore. The Company has been among the leading players in the tractor industry and well-known brand in the farm equipment space since independence. During the last two decades, it has forged one of the most extraordinary turnaround stories in the
Update: Q4 Results FY'20 Glenmark Pharmaceuticals Limited (GPL) - a research-led global integrated pharmaceutical company, on Friday announced its financial results for the 4th quarter and year ended March 31, 2020. The company's consolidated revenue for the quarter rose 7.96% to INR 2,767.48 Cr as against INR 2,563.47 Cr a year ago. The Company posted a 36.28% rise in its consolidated net profit to INR 220.3 Cr for the 4th quarter ended March 31, 2020. The drug firm had reported a net
Update: Q4 Results FY '20 Private life insurer major HDFC Life Insurance posted its Q4 numbers today after market hours. The company posted a 14.5% Y-O-Y decline in consolidated net profit at INR 311.65 Cr (vs INR 364.88 Cr), impacted by a rise in provisions and a drop in net investment income. Net premium income growth saw a marginal hike to INR 10,475.95 Cr in the March quarter compared to INR 10,251.26 Cr. The total new business premium rose by 15% Y-o-Y to INR 17,239 Cr in FY20. The new
Ipca Laboratories Limited (IPCA) is a fully-integrated Indian pharmaceutical company manufacturing and marketing over 350 formulations and 80 Active Pharmaceutical Ingredients (APIs) covering various therapeutic segments. Ipca Laboratories Limited: Profile Ipca Laboratories was founded by a group of businessmen and medical professionals in the year 1949 under the name of The Indian Pharmaceutical Combine Association Limited. The name of the organization was changed to Ipca Laboratories Ltd
The Reserve Bank of India (RBI) on March 27, 2020, used the majority of orthodox methods to fight COVID-19-led economic issues. The Reserve Bank has significantly reduced interest rates across the board, taking cues from other central banks of the world, as part of emergency measures to safeguard the economy from the coronavirus. Take a Look at Measures - Sizeable Cut in Repo Rate: The Reserve Bank of India announced a massive 75 basis points rate cut in Repo Rate, bringing it to 4.40%
Update: Prince Pipes and Fittings: Listing One of the prominent Polymer Pipes and Fittings manufacturers in India, Prince Pipes Limited had a weak debut with a 10 percent discount to its IPO price. The stock opened at INR 160 on the National Stock Exchange and Bombay Stock Exchange, against the issue price of INR 178 per share. The Stock made a high of INR 177.90 and a low of INR 152.50 before it ended at INR 166.90 on the NSE when the market closed. In terms of volumes, Prince Pipes