Reliance Industries earnings today; HUL, ICICI Bank and Vodafone Idea also in focus on January 21

Jan 21, 2022

By: Rounak Jain

Reliance Industries

India’s largest conglomerate will declare its December quarter results today.

Credit: BCCL

HUL

Reported a 19 percent surge in net profit to ₹2,297 crore in the December quarter, while revenue surged over 10 percent to ₹13,492 crore, year-on-year.

Credit: HUL

Contd...

However, HUL chief warned that there is a slowdown happening in the rural areas, largely due to inflation and the second wave of COVID-19.

Credit: HUL

Earnings

Reliance Industries, HDFC Life, ICICI Bank, Vodafone Idea, SBI Life, JSW Steel, Bandhan Bank, Yes Bank, Gland Pharma, Hindustan Zinc, IDBI Bank, Inox Leisure, PVR, among others.

Credit: Pixabay

PNB Housing Finance

Reported a net profit of ₹652 crore, a decline of 19 percent year-on-year while net interest income fell 22 percent to ₹499 crore.

Credit: PNB-Housing-Finance

Shoppers Stop

Reported a profit of ₹77 crore as against a loss of ₹25 crore a year ago. Revenue surged 34 percent to ₹958 crore in the same period.

Credit: Shoppers-Stop

Natco Pharma

Signed an agreement with Medicines Patent Pool, a Switzerland-based company, to make and market Molnupiravir capsules.

Credit: Natco-Pharma

Havells India

Reported a decline in net profit to ₹306 crore from ₹350 crore a year ago. However, revenue surged over 15 percent to ₹3,664 crore.

Credit: Havells-India

IPO Watch

AGS Transact Tech IPO worth ₹680 crore subscribed 1.42 times on Day 2.

Credit: Flickr

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