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Stopped in Its Tracks

Stopped in Its Tracks
businesstoday.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstoday.in Daily Mail and Mail on Sunday newspapers.

PNC Infratech Ltd reports Q1FY22 consolidated net profit of Rs 117 78 crores

PNC Infratech Ltd reports Q1FY22 consolidated net profit of Rs 117 78 crores
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RIL share price: Stocks in the news: RIL, ICICI Bank, L&T, Yes Bank, Tata Motors and ITC

ICICI Bank: The private lender s June quarter net profit zoomed 52 per cent to Rs 4,747.42 crore, driven majorly by lower provisions but reported an increase in stress from the retail loans segment. On a standalone basis, the bank reported a net profit of Rs 4,616.02 crore for the reporting quarter, up by 77 per cent JSW Steel: The steel producer posted a consolidated net profit of Rs 5,900 crore for June quarter 2021-22, mainly on account of higher income. In the year-ago period, the company reported a consolidated net loss of Rs 582 crore. Yes Bank: Yes Bank on Friday reported an over four-fold jump in net profit at Rs 207 crore for the quarter ended June 2021. The bank said this was its highest net profit since December 2018. It had posted a net profit of Rs 45 crore in the same quarter of the previous fiscal year.

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