Sun Pharma, TechM: Sun Pharma, Tech Mahindra, Dabur India, IOC, Tata Motors, Dr Reddy’s Labs, Cipla, DLF, IndusInd Bank, Vedanta, UPL, SAIL, LIC Housing and Siemens are among major companies which will announce their December quarter results today.
IRFC: Shares of IRFC will list on stock exchanges today. The IPO, which was sold in Rs 25-26 per price band, was subscribed 3.49 times. The unlisted stock last traded at a grey market premium of Re 0.20-0.25 against Rs 1.5 earlier.
Airtel, Vodafone Idea: Bharti Airtel added the highest number of subscribers in November, ahead of Reliance Jio, even as Vodafone Idea lost customers during the period, according to the latest TRAI data. Airtel added a staggering 43.7 lakh subscribers while Vodafone Idea lost 28.9 lakh subscribers.
Mahindra & Mahindra Financial Services: The NBFC reported a consolidated net loss of Rs 223 crore for the third quarter ended December 2020. The financial services provider had posted a net profit of Rs 475 crore in the year-ago quarter.
Adani Ports: The country’s largest port operator Adani Ports and Special Economic Zone on Thursday said it has raised $500 million by selling 10-year bonds to international investors at a coupon of 3.10 per cent.
Equitas Small Finance Bank: The SFB has reported an 18 per cent jump in profit after tax at Rs 111 crore for the December quarter, helped by higher net interest income and reduction in costs. The small finance bank had reported a profit after tax of Rs 94 crore in the same quarter of the previous fiscal.
Indus Towers: The country’s largest mobile tower company Indus Towers on Thursday posted a consolidated profit of Rs 1,360 crore for the third quarter ended December 2020. Indus Towers, formerly
Bharti Infratel, had reported a profit after tax of Rs 1,331 crore in the same period a year ago.
Shriram Transport Finance Company: The NBFC reported 17 per cent decline in net profit at Rs 727.72 crore for December quarter 2020-21 as it made additional provisions related to the COVID-19 pandemic. The key net interest income rose to Rs 2,148.22 crore from Rs 2,113.75 crore in the same period of the previous year.
Blue Dart: Logistics major Blue Dart Express reported a net profit of Rs 95.32 crore for the third quarter ended December 2020. The company had registered a net loss of Rs 31.92 crore in the corresponding quarter last fiscal..
Coforge: IT firm Coforge Ltd (formerly NIIT Technologies) on Thursday reported a 1.1 per cent decline in consolidated net profit to Rs 122 crore for the December quarter. The company had posted a net profit of Rs 123.3 crore in the year-ago period.
DB Corp: Media house DB Corp reported a 21.33 per cent rise in its consolidated net profit to Rs 99.03 crore for the third quarter ended December 2020. The company had posted a consolidated net profit of Rs 81.62 crore in the October-December quarter previous fiscal.
Orient Cement: The CK Birla Group firm reported a net profit of Rs 53.88 crore for the third quarter ended December 2020. It had posted a net loss of Rs 5.67 crore in the October-December period a year ago, Orient Cement said in a BSE filing.