RIL, YES Bank: Reliance Industries, YES Bank, JSW Steel, HDFC Life, SBI Life, Apollo Hospitals, Gland Pharma, Crompton Greaves, L&T Finance, Oberoi Realty and Indian Bank are some of the companies which will announce their Q3 results today.
Vedanta: Mining giant Vedanta said production of mined zinc in India rose 4 per cent to 2,44,000 tonnes in the third quarter of the ongoing fiscal.
South Indian Bank: Private sector lender South Indian Bank posted a loss of Rs 91.62 crore for the third quarter ended December 31, 2020, due to an increase in provisioning for bad loans. The bank had recorded a net profit of Rs 90.54 crore in the corresponding period of the previous financial year.
Punjab & Sind Bank: The company reported a fraud of Rs 94.29 crore in an NPA account of Supertech Township Projects. In a regulatory filing, the state-owned lender said it has reported the fraud to the Reserve Bank of India (RBI).
Mphasis: IT firm Mphasis reported a 10.8 per cent increase in consolidated net profit to Rs 325.5 crore for the December 2020 quarter. The company’s net profit stood at Rs 293.6 crore in the year-ago period, it said in a regulatory filing.
Zensar Technologies: The IT firm said its net profit has more than doubled to Rs 98.7 crore for the December 2020 quarter. It had posted a net profit of Rs 38.3 crore in the year-ago period, Zensar Technologies said in a statement.
Bajaj Auto: Registering a “very good” quarterly performance, Bajaj Auto on Thursday reported a 23 per cent jump in profit after tax at Rs 1,556 crore for the three months ended December 2020, on the back of higher volumes and exports.
Cyient: IT firm Cyient reported a 11.9 per cent decline in net profit at Rs 95.4 crore for the December 2020 quarter. The Hyderabad-based company had posted a net profit of Rs 108.3 crore in the year-ago period, Cyient said in a regulatory filing.
MCX: The Multi Commodity Exchange of India (MCX) reported a 29.20 per cent rise in its consolidated profit after tax (PAT) to Rs 71.80 crore for the December 2020 quarter. Its PAT had stood at Rs 55.57 crore during the third quarter of 2019-20, the MCX said in a BSE filing.
IIFL Securities: The company reported a 9 per cent increase in profit after tax at Rs 50.59 crore for the three months ended December 2020. In comparison, the company had posted a profit after tax (PAT) of Rs 46.48 crore in the year-ago period, IIFL Securities said in a regulatory filing to BSE.
SBI Card and Payment Services: The company reported nearly 52 per cent dip in its net profit to Rs 210 crore in the third quarter ended December 2020, on higher provisioning.