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The significant jump in June quarter net profit was on account of robust sales and income received from biopharmaceutical firm Boehringer Ingelheim for achieving key milestones for its novel MEK inhibitor compound collaboration. ....
The company reported a 37 per cent on-year rise in consolidated revenue from operations to Rs 25,282.15 crore for the quarter, which was better than Streets expectations. ....
JK Tyre shares jump over 6% after March quarter earnings PTI New Delhi | Updated on May 20, 2021 × Following lifting of lockdown, JK Tyre recovered fast and achieved highest sales in Q3 and Q4 FY21 Shares of JK Tyre and Industries on Thursday jumped over 6 per cent after the company reported a consolidated profit after tax of ₹194.96 crore for the March quarter of the previous fiscal. The stock rose 6.18 per cent to ₹131.25 on the BSE. On the NSE, it jumped 6.26 per cent to ₹131.50. JK Tyre and Industries on Wednesday reported a consolidated profit after tax of ₹194.96 crore for the March quarter of the previous fiscal against a consolidated loss of ₹52.78 crore in the year-ago period. ....
VBL shrinks Q4 loss to Rs 7 crore from Rs 54 crore y-o-y ANI | Updated: Feb 16, 2021 13:37 IST Gurugram (Haryana) [India], February 16 (ANI): Varun Beverages Ltd (VBL), a key player in the beverage industry and one of the largest franchisee of PepsiCo worldwide, said on Tuesday its losses reduced significantly to Rs 7.24 crore during October to December. The company, which follows calendar year as its financial year, had posted a net loss of Rs 53.95 crore in Q4 2019. For CY 2020, however, profit after tax decreased by 24 per cent to Rs 357 crore primarily because of 64.7 per cent decline in Q2 due to Covid-19 lockdown restrictions imposed by the government. ....