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in BUSINESSMaruti Suzuki Q4 results: Net profit dips 28% to Rs 1,292 crore; misses Street estimates
New Delhi: Maruti Suzuki on Wednesday posted 28 per cent year-on-year (YoY) drop in standalone net profit at Rs 1,291.70 crore for the quarter ended March 31. It had reported a net profit of Rs 1,795.60 crore in the same period last year. Analysts in an ETNow poll had projected a net profit of Rs […] More
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in BUSINESS
Nestle India Q1 results: Profit rises 13.5% YoY to Rs 525 crore, beats Street estimates
NEW DELHI: Nestle India on Tuesday reported a 13.54 per cent year-on-year (YoY) jump in consolidated net profit at Rs 525.43 crore for the March quarter, compared with Rs 462.74 crore in the same quarter last year. The profit figure was more than ET NOW poll estimate of Rs 483.6 crore. Revenue from operations for […] More
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in BUSINESSsbi general insurance share price: SBI General Insurance FY20 profit rises 23% to Rs 412 crore
Mumbai: SBI General Insurance on Monday reported a 23 per cent jump in its net profit to Rs 412 crore for the fiscal ended March 31, 2020. It had reported a profit after tax of Rs 334 crore in the previous financial year. The company’s underwriting profit declined by 23 per cent to Rs 61 […] More
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in BUSINESS
ICICI Bank Q4 results preview: Profit to soar four-fold on low base, all eyes on Covid-19 provisioning
ICICI Bank is all set to report a four-fold jump in net profit for the March quarter, thanks to a low base. Net interest income (NII) could rise 15 per cent while loan growth is seen at 12-15 per cent. Net interest margin (NIM) is likely to stay stable. All eyes will be on lockdown-related […] More
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in BUSINESS
Gillette India profit drops 40.3% to Rs 52.38 crore in January-March
New Delhi: Shaving products maker Gillette India Ltd on Thursday reported a 40.31 per cent decline in net profit to Rs 52.38 crore for the January-March quarter 2020. The company, which follows the July-June financial year, had reported a profit Rs 87.76 crore for the January-March quarter a year ago. Its net sales were down […] More
