IDBI Bank: S&P Global Ratings has affirmed IDBI Bank's ''BB'' long-term and ''B'' short-term foreign currency issuer credit ratings with Negative outlook. Consolidated revenue from operations during the quarter fell 8% to ₹631.96 crore compared to the year-ago quarter.
Wockhardt: The company reported a consolidated net loss of ₹92.8 crore in the March 2021 quarter, against a profit of ₹48.3 crore in the corresponding quarter, dented by the weak US and India businesses. Sun Pharmaceutical: The company posted 124% increase in consolidated net profit at ₹894 crore for the January to March quarter as compared to ₹400 crore in the year-ago period.īPCL: The company, which is bound for privatization, has no plans to sell its stakes in either Indraprastha Gas (IGL) or Petronet LNG Ltd (PLL), a company official said on Thursday. The acquisition of GE's stake in Tata Consultancy Services Saudi Arabia has been completed on May 26, 2021, the company said in a regulatory filing. TCS: The company announced that it has acquired GE's stake in Tata Consultancy Services Saudi Arabia. For the quarter ended March 31, 2021, Eicher Motors’ total revenue from operations was at an all-time high at ₹2,940 crore, up 33% as compared to ₹2,208 crore in the corresponding quarter of FY 2019-20. Sun Pharmaceutical: The company reported a 123% year-on-year rise in its consolidated net profit for the quarter ended March to ₹894.2 crore, against ₹399.8 crore in the year-ago period owing to an exceptional loss worth ₹672.8 crore related to various litigation settlements pertaining to some of its subsidiaries.Įicher Motors Ltd: The company announced its audited consolidated financial results for the quarter and year ended March 31, 2021.
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