Market Insights On Quarterly Results
1. Rallis India posts 49.62% dip in Q4 net profit
Agriculture solutions firm Rallis India on Tuesday reported a decline of 49.62 per cent in its consolidated net profit at Rs 0.68 crore for the quarter ended March of 2019-20.
2. RIL share price rises over 3% as brokerages upbeat on deal with Silver Lake
The stock closed 1.78% or Rs 25 higher at Rs 1,461 in an otherwise falling market. Sensex ended 261 points lower at 31,453 and Nifty closed 87 points lower at 9,205.
3. Marico Q4FY20 results: Key highlights
"The company is optimistic of maintaining operating margin at 20 percent in FY21. The company's food business has reached to Rs 200 crore on yearly basis," company said.
4. Adani Ports Q4 net profit falls 74% to Rs 340.41 crore
Adani Ports and Special Economic Zone Limited (APSEZ) on Tuesday reported 74 per cent decline in consolidated net profit to Rs 340.21 crore for the fourth quarter ended March 31. The country's largest integrated logistics player had clocked consolidated net profit of Rs 1,314.19 crore in the corresponding period a year earlier, the company said in a BSE filing.
5. NIIT Q4 net profit up 11.4% to Rs 113.6 crore
IT company NIIT Technologies on Tuesday reported a 11.4 per cent rise in consolidated net profit to Rs 113.6 crore for the March 2020 quarter, and said strong tech capabilities and sharp execution helped the company in winning large deals.
6. Varun Beverages Q1 profit rises 50% on tax writeback;
Varun Beverages, the franchisee of PepsiCo, has reported a massive 50 percent year-on-year growth in Q1 CY20 consolidated profit at Rs 60.06 crore, supported by tax writeback.
7. Tata Coffee net profit falls 6% to Rs 9.86 crore in March quarter; FY20 profit up 20% at Rs 82.4 crore
Tata Coffee on Tuesday reported a 6 per cent fall in its consolidated net profit to Rs 9.86 crore for the quarter ended March 31. Its net profit had stood at Rs 10.49 crore in the year-ago period, the company said in a regulatory filing.
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