Jan 28, 2022
By: Rounak JainAcquired a 75 percent stake in Swiss E-Mobility Group, with the balance 25 percent expected to be acquired by next year.
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Net profit more than doubled to ₹1,127 crore from ₹506 crore a year ago. Net interest income declined 7 percent to ₹7,803 crore.
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The private lender will declare its December quarter results today.
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Reported a 51 percent increase in net profit to ₹184 crore while revenue increased 6 percent to ₹1,658 crore, quarter-on-quarter. Declared an interim dividend of ₹13 per share.
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L&T, Dr. Reddy’s Laboratories, Britannia, Vedanta, AU Small Finance Bank, Crompton Greaves, Dixon Technologies, Happiest Minds, Marico, Info Edge, Tata Coffee, among others.
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Adani Wilmar’s ₹3,600 crore IPO subscribed 0.57 times on Day 1.
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Net profit surged 60 percent to ₹1,571 crore while revenue was up 71 percent to ₹6,927 crore. Margins increased nominally to 53.3 percent from 51.3 percent, year-on-year.
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It will consider the declaration of an interim dividend on February 1.
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Declared an interim dividend of ₹7 per share.
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Reported a net profit of ₹48 crore as against ₹38 crore a year ago. Revenue surged 46 percent to ₹563 crore.
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