News Overview

Reported sales nil

Sales decline 66.67% to Rs 0.05 crore

Sales decline 35.48% to Rs 0.40 crore

The Credit Guarantee Trust for Micro and Small Enterprises (CGTMSE) Scheme will be revamped with a required infusion of funds.

The IT services company reported 6.82% increase in consolidated net profit to Rs 1,378.20 crore on 18.69% rise in revenue from operations to Rs 11,450.80 crore in Q3 December 2021 over Q3 December 2020.

Neuland Lab’s EBITDA for December 2021 quarter stood at Rs 34.20 crore as against Rs 46.70 crore for the previous corresponding quarter, diving over 26.8% YoY.

PAT down 60.28%

Business Wire India KPIT, a leading independent software development and integration partner to the automotive and mobility industry announced financial results for Q3 FY 2021-22 today. Q3 FY22 performance overview   Q3FY22 CC Revenue growth of 21.2% Y-o-Y, 5.6% Q-o-Q. Q3FY22 EBITDA at 18.5% as against 17.6% last quarter Net Profit for the quarter at Rs. 700 million as against Rs. 651 million last quarter, Q-o-Q growth […]

The ratings have been upgraded to BWR BBB/Stable on long-term bank facilities and BWR A3+ on short-term bank facilities.

Euro area unemployment rate dropped marginally in December, data from Eurostat showed on Tuesday. The jobless rate came in at 7.0 percent in December, down from 7.1 percent in November. In the same period last year, the unemployment rate was 8.2 percent. The number of people out of work decreased 185,000 from November to 11.481 million. Compared with December 2020, unemployment decreased by 1.828 million. […]