Bajaj Finance Ltd (BFL) on Tuesday reported a 28 per cent rise in its consolidated net profit to Rs 3,551 crore for the second quarter ended September 30.
The non-banking finance company had posted a net profit of Rs 2,781 crore in the July-September quarter a year ago.
Its total consolidated
In this regard, the agency had asked former India Managing Director Manu Kumar Jain to appear for questioning. However, neither Jain nor the agency has commented on this.
Global outsourcing partner for pharmaceutical industry Dishman Carbogen Amcis Ltd has reported consolidated net sales for Q1 FY22 at Rs 551 crore, up 16 per cen
SBI Q4 profit jumps 80 pc to Rs 6,451 crore
21 May 2021, 20:18 GMT+10
Mumbai (Maharashtra) [India], May 21 (ANI): Government-owned State Bank of India (SBI) on Friday reported a standalone net profit of Rs 6,451 crore for January to March quarter (Q4 FY21) due to lower provision for bad loans.
The profit was over 80 per cent higher than Rs 3,581 crore in Q4 FY20. It was also supported by 19 per cent jump in net interest income the difference between interest earned and interest expended at Rs 27,067 crore in the quarter ended March.
Provisions and contingencies were at Rs 11,051 crore in the January to March quarter, down 18 per cent year-on-year.
By siliconindia | Friday, 05 March 2021, 04:14 Hrs Global software major Wipro said on Thursday that it has signed an agreement to acquire the UK-based management and technology firm Capco for $1.45 billion (Rs 10,551 crore) to provide digital, Cloud and IT services to financial institutions in the US, Europe and Asia-Pacific. The acquisition will make us one of the largest consulting, technology and service providers to the banking and financial services industry, said the city-based IT behemoth in a statement here. The acquisition is expected to close in the quarter ending June 30, 2021. London-headquartered Capco s clients include the marquees in the global financial services industry.