Jun 18, 2021By: Rounak Jain
It is considering raising prices of coal due to an increase in costs and capital expenditure. Its capex for the financial year 2021-22 is budgeted at ₹17,000 crore.
It reported a 6 percent increase in net profit in the March 2021 quarter to ₹3,526 crore. Revenue increased to ₹10,816 crore from ₹10,508 crore a year ago. It also declared a bonus of 1 share for every 3 shares held.
One of its shareholders, CA Rover Holdings, is offering 48 million shares in a price range of ₹1,002-1,041, which is at a discount of 1 to 4.7 percent compared to the closing price on June 17.
It has set up a new subsidiary ATL HVDC that will look after the transmission, supply and distribution of power and other related services.
Ashoka Buildcon, GMR Infrastructure, Jubilant Industries, Hinduja Global Solutions, Insecticides India, Gujarat Fluorochemicals, PSP Projects, Welspun Specialty Solutions.
The logistics company has approved the allotment of shares on a preferential basis to raise ₹10 crore, in addition to share warrants worth ₹70 crore.
It will acquire a 69.82 percent stake in Publishme, which is a games marketing agency, for ₹20 crore.
Its March 2021 quarter net profit fell by nearly half to ₹53 crore. Revenue fell by over 27 percent to ₹331 crore, year-on-year.
It reported a near-three time surge in net profit in the March 2021 quarter to ₹160 crore. Revenue more than doubled to ₹2,733 crore from ₹1,031 crore, year-on-year.
Its March 2021 quarter net profit jumped by 43 percent to ₹9.7 crore, while revenue witnessed a relatively muted jump to ₹99 crore from ₹94 crore, year-on-year.