The combined loss of digital payments business Paytm operator One 97 Communications increased to Rs 778.5 crore in the quarter ended December 2021, from Rs 535.5 crore the year before, despite considerable growth in the topline. According to the company’s BSE report, the loss for the September 2021 quarter was Rs 473.5 crore. The company’s …
One of India 12 nationalised banks, Bank of Baroda, has registered a net profit of 107% for the December quarter. This result comes on the back of reduced provisions and increased net interest income. Resultantly, the net profit for this third quarter of FY 2022 stands at Rs. 2,197.03 crores compared to that of Rs. …
Tata Group’s Titan Company Limited reported a 135.6% growth in standalone net profits for the third quarter of FY 21-22 from the previous fiscal. Its profit has grown to Rs. 987 crores considerably higher than analysts’ estimates at Rs. 847 crores. The Titan Company witnessed strong growth clocking 30.6% higher revenue from operations Year-on-Year (YoY) …
GAIL’s quarterly results for the period October to December is out now. The company has made stellar gains in net earnings amid a good quarter in LPG and natural gas business. To know details about this story, read on! Key Highlights of GAIL’s Q3 Results GAIL’s net profit in the October-December quarter rose from Rs. …
Leading real estate entity, Godrej Properties, has generated a consolidated net profit of Rs. 39 crores during the 3rd quarter ended in December ─ marking a 171% jump YOY. The total income, which hiked 30% from the previous year, is Rs. 399 crores. Want to get an insight into this company? Keep scrolling! How Is …
Meta, as it has been called, is spending substantially on its future “metaverse” project, although advertising revenue accounts for virtually all of its revenue for the time being. So when it reported dramatically increased expenses but a lackluster sales projection late Wednesday, investors were alarmed — and the business once known as Facebook’s value was …
Recently, Amazon came out with quarterly results and the promising number pushed its shares price higher by a whopping 17%. This soared the founder Jeff Bezos’ wealth. If the stock price rises by the same percentage again, it would be its biggest percentage gain since 2009 and give Jeff Bezos’ wealth a boost of $20 …
India drastically slashed its asset sale target, which raised several questions regarding how much it is planning to generate from the IPO of LIC. This announcement was recently made during the budget session of 2022. Are you interested in knowing more about this topic? Read on. Lowered Divestment Estimates On Tuesday, i.e., 1 February 2022, …
Omni-channel payment platform AGS Transact Technologies has made a flat debut on the stock market. Shares of the company listed at Rs. 176 on the BSE while the issue price was set at Rs. 175 a share. AGS Transact shares listed at the NSE at Rs. 175 per share. Experts predicted a flat listing considering …
Zee Entertainment published its Q3 earnings report on 2 January 2022. The company witnessed a 25% YoY decline in consolidated net profit as per the report. As a result, its consolidated PAT stood at Rs. 299 crores for the quarter ended 31 December 2021. During FY 2020-21, Zee Entertainment had posted a net profit of …
