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Q4 earnings: Zydus Wellness, Intellect Design Arena, HFCL: Zydus Wellness, Intellect Design Arena, Chambal Fertilizers & Chemicals, HFCL, Venky s (India), Paushak, HSIL, Satia Industries, PPAP Automotive, Oriental Aromatics, JMC Projects (India), Sangam Renewables, are among companies that will announce their March quarter results today
Ultratech Cement: The Aditya Birla Group firm reported a 45.2 per cent decline in consolidated net profit to Rs 1,774.13 crore for the fourth quarter ended March 2021 on account of reversal of deferred tax liabilities. The leading cement producer had posted a net profit of Rs 3,236.85 crore in the January-March quarter a year ago, it said in a BSE filing.
Reliance Home Finance s Q4 net loss widens to Rs 445 crore
For the full year 2020-21, the company s net loss widened multifold to Rs 1,519.90 crore as against Rs 375.32 crore in 2019-20
PTI | May 8, 2021 | Updated 16:21 IST
Reliance Home Finance on Saturday reported widening of its net loss to Rs 444.62 crore in the fourth quarter ended March 31. The Anil Ambani-controlled Reliance Capital subsidiary firm had reported a net loss of Rs 238.37 crore in the same quarter of the previous fiscal year. Sequentially also, the loss widened from Rs 339.55 crore in quarter ended December 2020.
The troubled housing financier is undergoing a debt resolution. Its income during January-March 2021 fell 42.4 per cent to Rs 162.08 crore as against Rs 281.34 crore in the year-ago period, Reliance Home Finance said in a regulatory filing.
Reliance HF defaults on ₹40-crore loan thehindu.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindu.com Daily Mail and Mail on Sunday newspapers.
Reliance Home Finance defaults on Rs 40 crore loan repayment to Punjab & Sind Bank
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Last Updated: Mar 06, 2021, 07:21 PM IST
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The company s total obligation is of Rs 200 crore on a 5-year tenure secured term loan at 9.25 per cent per annum from Punjab & Sind Bank, RHFL said in a regulatory filing. The company has net cash (including cash equivalent, liquid mutual fund investments, fixed deposits etc) of more than Rs 1,500 crore.
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Reliance Home Finance Ltd (RHFL) on Saturday said it has defaulted on loan of over Rs 40 crore from Punjab & Sind Bank even as the company has enough cash and cash equivalent which it cannot use due to a court order. The Anil Ambani-controlled Reliance Capital s subsidiary defaulted on loan on February 15, 2021, and the current amount of default is Rs 40 crore alongside an interest of Rs 15 lakh.
Reliance Home Finance Ltd (RHFL) on Saturday said it has defaulted on loan of over Rs 40 crore from Punjab & Sind Bank even as the company has enough cash and cash equivalent which it cannot use due to a court order. The Anil Ambani-controlled Reliance Capital s subsidiary defaulted on loan on February 15, 2021, and the current amount of default is Rs 40 crore alongside an interest of Rs 15 lakh. The company s total obligation is of Rs 200 crore on a 5-year tenure secured term loan at 9.25 per cent per annum from Punjab & Sind Bank, RHFL said in a regulatory filing. The company has net cash (including cash equivalent, liquid mutual fund investments, fixed deposits etc) of more than Rs 1,500 crore, it said.