Earnings today: Hindustan Unilever (HUL), Crisil, L&T Infotech, Hindustan Zinc, DCM Shriram, Granules India and Indian Energy Exchange (IEX) are among the companies that are scheduled to announce their September quarter earnings during the day.
L&T: Larsen & Toubro is close to securing its largest order yet as it has emerged as the lowest bidder to build a significant portion of the Ahmedabad-Mumbai bullet train project, beating two others in the race with a bid of 24,958. million rupees.
HDFC Life: HDFC Life reported a 6 percent increase in earnings in the September quarter, the first since its inclusion in the list of the top 50 stocks that make up the nation’s leading equity benchmark, as collections improved to through staged unlocking in India’s main private market life insurer.
Britannia: Biscuit maker Britannia Industries reported a consolidated net profit of Rs 495.20 crore for the quarter ending in September, up 23% from a year ago.
M&M: Mahindra and Mahindra announced on Monday a substantial increase in production of their all-new Thar SUV after their bookings surpassed 15,000 units since the vehicle’s launch.
MotoCorp Hero: Two-wheeler market leader Hero MotoCorp launched a new edition of its iconic Splendor motorcycle on Monday priced at Rs 64,470 (ex-showroom Delhi).
ACC: Cement maker ACC Ltd has reported 19.8 percent year-on-year growth in after-tax consolidated profit of Rs 364 million during the July-September quarter, down from Rs 303 million during the same. last year’s period.
BPCL: BPCL’s privatization bidding deadline will not be extended for the fifth time as the government’s strategic divestment program that was hit by the pandemic is back on track, the DIPAM secretary said on Monday.
ITC: Raw Pressery, known for its premium cold-pressed juices, is in talks with several consumer packaged goods companies, including ITC and the Paper Boat brand, to divest stakes or hire a strategic investor for the juice division, three officials know said development.
L&T technology services: L&T Technology Services (LTTS) posted a 19.5 percent drop in net profit to Rs 165.5 crore in the September quarter compared to the prior year period, but profit increased 41 percent steadily. sequential.
CSB Bank: Private sector lender CSB Bank (formerly Catholic Syrian Bank) reported a threefold increase in net profit of Rs 68.9 million at the end of the September quarter on Monday thanks to strong asset growth. It had reported earnings of Rs 24.7 million in the same period a year ago.
Rallis India: Rallis India, a subsidiary of Tata Chemicals, posted a 2% decline in consolidated earnings after tax (after exceptional items) on Monday to Rs 83 crore during the September 2020 quarter.
Century textiles: Century Textiles and Industries reported on Monday a consolidated net loss of Rs 10.35 crore for the quarter ending September 2020. The company had posted a net profit of Rs 187.34 crore in the July-September period a year ago.
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