"The factors that have been at the core of market activity are the recent rise in virus cases indicating a probable revival in the near future, the Fed stance on monetary policy turning more foggy with higher inflation and better growth numbers, and the enhancement of Chinese regulatory oversight mainly on tech, and edu tech companies."
The data center co-location business is one of the fastest growing segments in India and is led by hyperscale cloud providers, followed by enterprises and supporting telecommunications players. He said he expects this to drive the company's future growth, alongside cloud, network and digital services businesses.
Gross bad loans also jumped significantly with the GNPA ratio coming at 4.61% versus 1.99% a year ago. Total quantum of bad loans rose sharply to Rs 4,667 crore at the end of the June quarter versus Rs 1,741 crore a year ago. Net NPA ratio came at 2.32% versus 0.51% in the year ago period. The identified stress asset pool stood at Rs 1,371 crore as on June 30. Fresh slippages also rose to Rs 2,800 crore.
Total income rose to Rs 564.99 crore in the quarter from Rs 367.45 crore in the same period a year ago.
Total income during Q1 FY22, however, was higher at Rs 4,651.50 crore from Rs 4,144.17 crore in Q1FY21, the company said in a regulatory filing.
Total revenue of the company, whose brands include Daawat, marginally declined in the latest June quarter to Rs 1,223 crore from Rs 1,238 crore in the year-ago period.
Its total revenue from operations rose over two times to Rs 1,397.20 crore during the quarter under review as against Rs 631.37 crore in the corresponding three months of the previous year.
Revenue from operations of the Mumbai-based firm rose 31.16 per cent to Rs 2,525 crore, as against Rs 1,925 crore in the corresponding quarter of the previous year.
The total income on standalone basis grew to Rs 2,467.01 crore from Rs 2,113.65 crore registered in the same quarter of the last fiscal.
Total income in the quarter rose to Rs 2,966.77 crore from Rs 2,086.43 crore.
The watchdog has also given time till December 31 to brokers for operating the trading terminals from designated alternate locations.
Its consolidated total income during April-June 2021 period increased to Rs 872.81 crore, compared with Rs 418.83 crore in the year-ago period, the filing said.
Revenue from operations stood at Rs 3,543 crore during the quarter as against Rs 2,526 crore in Q1 FY20, Exide Industries said in a regulatory filing.
Green channel is an automatic approval system, whereby a combination is deemed to have been approved by the CCI upon receiving the filing of the notice for the combination by the parties concerned.Total income rose to Rs 564.99 crore in the quarter from Rs 367.45 crore in the same period a year ago.Total income during Q1 FY22, however, was higher at Rs 4,651.50 crore from Rs 4,144.17 crore in Q1FY21, the company said in a regulatory filing.Total revenue of the company, whose brands include Daawat, marginally declined in the latest June quarter to Rs 1,223 crore from Rs 1,238 crore in the year-ago period.Its total revenue from operations rose over two times to Rs 1,397.20 crore during the quarter under review as against Rs 631.37 crore in the corresponding three months of the previous year.Revenue from operations of the Mumbai-based firm rose 31.16 per cent to Rs 2,525 crore, as against Rs 1,925 crore in the corresponding quarter of the previous year.The total income on standalone basis grew to Rs 2,467.01 crore from Rs 2,113.65 crore registered in the same quarter of the last fiscal.Total income in the quarter rose to Rs 2,966.77 crore from Rs 2,086.43 crore.The watchdog has also given time till December 31 to brokers for operating the trading terminals from designated alternate locations.Its consolidated total income during April-June 2021 period increased to Rs 872.81 crore, compared with Rs 418.83 crore in the year-ago period, the filing said.Revenue from operations stood at Rs 3,543 crore during the quarter as against Rs 2,526 crore in Q1 FY20, Exide Industries said in a regulatory filing.
Total income during April-June 2021 rose slightly to Rs 1,495.56 crore, from Rs 1,414.57 crore a year ago.
The developer’s operating profit for the quarter rose 32 per cent to Rs 21 crore, while collections also grew 165 per cent to Rs 172 crore. Bookings for the period increased 74 per cent to Rs 176 crore.
Only 16 of the 99 U.S.-listed companies that were worth at least $10 billion when they went public declined on their first day, according to Dealogic, whose data goes back to 1995.
Lottery Sambad Result: The first prize winner will take home Rs 50 lakh. The second prize is Rs 9,000, the third prize is Rs 500 and the fourth prize is Rs 250. While the fifth prize is Rs 120, the consolation prize is Rs 1,000.
Trends on SGX Nifty indicate a gap-down opening for the index in India with a 102 points loss.
An existing state of emergency for Tokyo should be extended to Aug. 31, Economy Minister Yasutoshi Nishimura told a panel of experts, who are expected to sign off on the proposal.
Even so, the central bank can hold off on expanding stimulus unless a shock event derails Japan’s economic recovery, Noguchi, known as a vocal advocate of aggressive monetary easing, said in his first interview since joining the board in April.
“The industry also needs to stop postponing the inevitable and kicking the can down the road,” Kotak said. “Upfront action with an eye on enduring, sustainable growth, not swayed by quarterly, short-term results is a must for the future of a healthy Indian financial sector.”
Coronavirus News LIVE Updates: India has so far administered over 44.61 crore doses of COVID-19 vaccine, the Health Ministry said.
The total income during the April-June FY22 increased to Rs 1,876.79 crore, from Rs 1,251.50 crore a year ago.
Revenue from operations was up 23.94 per cent to Rs 525.40 crore during the period under review as against Rs 423.90 crore earlier.
Company's revenue from operation rose over four-fold to Rs 825.70 crore as against Rs 163.16 crore in the corresponding period of the previous fiscal.
Net interest income grew 9.53 per cent to Rs 7,013 crore from Rs 6,403 crore in the year-ago quarter.
The total income of the bank during Q1FY22 rose to Rs 2,039.61 crore from Rs 1,954.39 crore in Q1FY21, Punjab & Sind Bank said in a regulatory filing.
The housing finance company made a provision of Rs 830 crore for NPAs during the quarter.
Its consolidated revenue from operations stood at Rs 95.93 crore in the quarter under consideration. It was Rs 29.74 crore a year ago, it added.
Consolidated total income stood at Rs 418.29 crore for the quarter under consideration. It was Rs 325.20 crore for the same period a year ago, it added.
Company's total income in the quarter under review fell to Rs 1,336.49 crore from Rs 2,085.42 crore a year ago, Welspun Corp Limited said in a BSE filing.
Its revenue from operations was at Rs 59.39 crore during the quarter under review. It was Rs 12.70 crore in the corresponding quarter last fiscal.
Fresh registrations stood at 8.5 lakh during April-July 2019, 20 lakh in April-July 2020 and finally reached 51.3 lakh as of July 25, 2021.
Prior to the transaction, Kacholia held a 2.58 per cent stake in the company, as per the June shareholding data.
Karvy Financial made public announcement for open offer with a delay of 81 days, in violation of Substantial Acquisition of Shares and Takeovers (SAST) norms.
The developer reported consolidated revenues of Rs 294.77 crore for the quarter as against Rs 126.86 crore a year ago and Rs 800.87 crore in the previous quarter.
The company made a turnover of over Rs. 306 crore as against the previous financial year turnover of around Rs. 279 crore, about a 10 per cent spike.
In dollar terms, profit was up around 42 per cent at $183.2 million, while revenue climbed 14.6 per cent to about $1.38 billion in the April-June period.
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