Jan 25, 2022By: Rounak Jain
The private lender’s net profit rose by more than three times to ₹3,614 crore from ₹1,117 crore, while revenue surged over 17 percent to ₹8,653 crore, year-on-year.
India’s largest car maker will declare its December quarter results today.
To invest up to ₹700 crore in Hero FinCorp, its associate engaged in offering finance to consumers and commercial entities.
Reported a 84 percent increase in net profit to ₹386 crore while revenue surged 20 percent to ₹2,889 crore, year-on-year. Net non-performing assets stood at 0.83 percent.
Halved its losses to ₹15 crore from ₹29 crore a year ago. Revenue surged over 71 percent to ₹280 crore, year-on-year.
Reported a net profit of ₹242 crore as against ₹217 crore a year ago. Revenue surged 40 percent to ₹1,722 crore.
Reported that it has missed making interest payments due on one of its senior secured notes.
To invest ₹61.55 crore in Simply Vyapar Apps, a company that makes GST billing and invoicing software.
Maruti Suzuki, CarTrade Tech, United Spirits, Federal Bank, Finolex Industries, Torrent Pharma, Raymond, RPG Life Sciences, Macrotech Developers, among others.