HUL, Axis Bank: Hindustan Unilever, Axis Bank, ICICI Prudential Life, Marico, United Spirits, Bank of Baroda, Canara Bank, Emami, Nalco, Quess Corp, PNB Housing, Nippon LIfe Asset Management and India Cements are amongst firms which is able to announce their December quarter outcomes on Wednesday.
L&T: Larsen & Toubro plans to take a position extra in know-how providers enterprise to extend its share in the firm’s portfolio, whereas exiting infrastructure property the place it’s a developer, Managing Director and Chief Executive Officer SN Subrahmanyan informed ET in an interview.
GAIL: State-owned gasoline utility GAIL (India) Ltd plans to launch an InvIT of its two gasoline pipelines between Dahej and Bengaluru forward of a proposed splitting of the pipeline enterprise from the gasoline advertising and marketing operate, sources stated.
Kotak Mahindra Bank: Private sector lender Kotak Mahindra Bank’s consolidated revenue after tax (PAT) grew 11 per cent to Rs 2,602 crore in the third quarter ended December.
Indiabulls Real Estate: The realtor is anticipating a internet surplus of almost Rs 11,400 crore from its accomplished and ongoing actual property tasks. In an investor presentation, the firm knowledgeable that its new gross sales bookings stood at Rs 990 crore in the third quarter of this fiscal and Rs 1,359 crore throughout April-December interval.
Inox Leisure: The multiplex operator stated it has commenced industrial operations at a brand new multiplex at Thane, in Maharashtra, taking its complete rely to 151.
Tata Motors: The auto maker unveiled its upcoming flagship SUV Safari and is ready to start bookings for the mannequin from the subsequent month. The new Safari is predicated on the D8 platform from Land Rover which permits for additional drive practice enhancements together with all-wheel drive and prospects of electrification in future
NTPC: NTPC stated Tamil Nadu Energy Company Limited (NTECL) has paid an interim dividend of over Rs 47.55 crore in direction of its 50 % stake in the agency.
UCO Bank: Public sector UCO Bank on Monday reported a internet revenue of Rs 35.44 crore for the third quarter ended December 2020, on account of decrease provisioning for unhealthy loans.
MTNL: A Group of Ministers, chaired by Defence Minister Rajnath Singh, is learnt to have deferred merger of public sector telecom companies BSNL and MTNL on account of monetary causes, in keeping with authorities sources.
ICICI Securities: ICICI Securities reported a 95 per cent bounce in revenue after tax at Rs 267 crore for 3 months ended December 31 on account of progress in income and enchancment in margins.
