May 31, 2022
By: Bhakti MakwanaThe pharmaceutical giant reported a loss of ₹2,277 crore for Jan-Mar quarter against a profit of ₹894 crore last year. Meanwhile, revenue for the quarter was up 11 percent on year at ₹9,446 crore.
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The life insurance behemoth reported a 17 percent decline in consolidated net profit at ₹2,409 crore for March quarter. Meanwhile, in FY22, the state-run insurer posted a net profit of ₹4,043 crore, which is 39 percent higher as compared to ₹2,900 crore last year
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The catering and tourism arm of Indian Railways more than doubled its net profit during the Jan-Mar quarter to ₹214 crore as compared to ₹104 crore last year. Meanwhile, revenue grew 103 percent to ₹691 crore
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The aviation regulator Directorate General of Civil Aviation (DGCA) has imposed a penalty of ₹10 lakh on SpiceJet for utilizing a faulty simulator to train pilots.
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The satellite television provider widened its consolidated net loss to ₹2,031 crore for Jan-Mar quarter on account of exceptional items which include impairment charges.
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The liquor making company reported a 31 percent decline in its consolidated net profit at ₹50 crore for March quarter.
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The footwear brand reported nearly four times growth in consolidated profit at ₹39.60 crore in Jan-Mar quarter while revenues grew 28 percent to ₹352 crore.
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The company has signed a licence agreement to open a 40-room hotel at Chirang, Assam under its brand 'Keys Select, by Lemon Tree Hotels'. The hotel is expected to be operational by June 2026.
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The Chennai-based edtech platform widened its consolidated net loss to ₹20 crore in March quarter as compared to net loss of ₹5 crore last year.
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