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ICICI, Axis and HDFC banks buy stake in Tech Start-up IBBIC
techstory.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from techstory.in Daily Mail and Mail on Sunday newspapers.
Slippages from gold loans rise for private banks in Q1
deccanchronicle.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from deccanchronicle.com Daily Mail and Mail on Sunday newspapers.
Slippages from gold loans rise for private banks in Q1
asianage.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from asianage.com Daily Mail and Mail on Sunday newspapers.
South Indian Bank tumbles after Q1 PAT drops 87% YoY
business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.
Revenue down 14% at Rs 893.18 crore Vs Rs 1,037.85 crore
Net profit down 35% at Rs 69.51 crore Vs Rs 105.41 crore
Ebitda down 15% at Rs 212.27 crore Vs Rs 250.54 crore
Margin at 23.77% Vs 24.14%
Opened 29 new stores despite on-ground disruption caused by second-wave of Covid-19
Havells India Q1FY22 (Consolidated, QoQ)
Revenue down 22% at Rs 2,609.97 crore Vs Rs 3,339.21 crore
Net profit down 22% at Rs 235.78 crore Vs Rs 303.83 crore
Ebitda down 30% at Rs 355.31 crore Vs Rs 508.18 crore
Margin at 13.6% Vs 15.2%
Net cash at Rs 1,278 crore Vs Rs 1,438 crore
Total debt at Rs 484 crore Vs Rs 493 crore
Demand scenario remains resilient though there are local disruptions owing to lockdowns or scattered market timings