Reliance Industries: The Mukesh Ambani firm has accomplished spin-off of the agency’s oil-to-chemical enterprise into a brand new unit that can assist it pursue progress alternatives with strategic partnerships, the firm stated. The firm has reported an increase of over 25 per cent in its consolidated internet revenue for December quarter on a year-on-year (YoY) foundation.
YES Bank: The financial institution has reached the “peak” of asset high quality stress after reporting heightened challenges in the December quarter earnings, although there could be a leap in the gross non-performing property (GNPA) ratio in the March quarter, a high official stated. The GNPA ratio might shoot as much as contact 20 per cent of the total property as soon as the Supreme Court order on dangerous asset recognition comes in, the official stated.
L&T, Kotak Bank: L&T, Kotak Mahindra Bank, ICICI Securities, UCO Bank, Can Fin Homes, Mahindra Holidays, Sharda Corpchem, APL Apollo Tubes, and Navin Flourine are a few of the firms which can announce their Q3 outcomes immediately.
Apollo Hospitals: The healthcare main introduced elevating Rs 1,169.99 crore by way of allotment of shares to the certified institutional patrons (QIBs).
UltraTech Cement: Aditya Birla group agency reported over two-fold leap in consolidated internet revenue to Rs 1,584.58 crore in the December quarter.
Hinduja Global Services (HGS): The firm stated its UK unit has acquired 8.23 per cent stake in HGS Digital LLC. Hinduja Global Solutions UK Ltd, a HGS subsidiary, already held 91.77 per cent fairness curiosity in HGS Digital LLC (previously often known as Element Solutions LLC, USA).
SAIL: The firm with the assist of the Centre is planning to arrange India’s first fuel to ethanol plant at its ferro alloy plant in Chandrapur in Maharashtra, in accordance with an official.
BPCL: Bharat Petroleum Corporation Ltd (BPCL) expects to develop its buyer base 10-fold to 1 million beneath a brand new buyer loyalty marketing campaign, stated a senior firm official.
Birla Corp: The MP Birla Group flagship stated its consolidated internet revenue jumped 82.1 per cent year-on-year to Rs 148.42 crore for the third quarter of the present fiscal on the again of price rationalisation and larger gross sales.
JM Financial: The firm reported a 15 per cent rise in its consolidated internet revenue to Rs 181 crore in the third quarter ended December. The monetary companies supplier had posted a internet revenue of Rs 158 crore in the year-ago quarter.
DCB Bank: Private sector lender DCB Bank reported a internet revenue of Rs 96.21 crore for the third quarter ended December 2020. Its internet revenue was Rs 96.70 crore in the October-December interval a 12 months in the past, DCB Bank stated in a regulatory submitting.