Wipro: IT major Wipro Ltd on Wednesday posted a 12.5 percent rise in consolidated net profit at Rs 2,387.6 crore for the April-June quarter, and guided for up to 2 percent sequential revenue growth for the July-September period. (Image: Reuters)
YES Bank: Private lender Yes Bank on Wednesday reported a 91 percent year-on-year (YoY) drop in net profit at Rs 113.8 crore for the first quarter ended June 2019. The bank's fresh slippages at Rs 6,232 crore nearly doubled if compared to the Rs 3,408 crore in the previous quarter, leading the gross non-performing assets ratio to rise to 5.01 percent against 1.31 percent in the year-ago period and 2.91 percent three months ago. (Image: Reuters)
Mindtree: Profit plunged 53.3 percent to Rs 92.7 crore, rupee revenue slipped 0.3 percent to Rs 1,834.2 crore, dollar revenue grew 0.8 percent to $264.2 million QoQ. (Image: Reuters)
Eveready Industries: India Ratings and Research has downgraded the company's Long term Credit Rating to 'INO BBB-' from 'INO BBB' and maintained it on Rating Watch Negative. The reasons for the said downgraded credit ratings as provided, are continued high leverage and weakened financial flexibility & low liquidity buffers. (Image: Stock)
Oil India: Company emerged as the biggest winner of oil & gas blocks under Open Acreage Licensing Policy (OALP) rounds II & III by winning 12 blocks out of 32 blocks for which bids were submitted by leading Operators. (Image: Reuters)
Tata Elxsi: Tata Elxsi on Wednesday said its net profit declined 30.7 percent to Rs 48.79 crore in the April-June quarter compared to the year-ago period. The company had posted a net profit of Rs 70.49 crore in April-June 2018. (Image: Reuters)
Jaypee Infratech: The NCLAT on Wednesday directed IDBI Bank, the lead lender of debt-ridden Jaypee Infratech, to file an affidavit listing out new terms and conditions if a fresh bidding process is conducted. A two-member bench headed by Chairman Justice S J Mukhopadhaya has asked IDBI Bank to file an affidavit by Friday in this regard. The appellate tribunal has listed the matter for next hearing on Monday. (Image: Reuters)
Allahabad Bank: The bank has been hit by fraud of Rs 688.27 crore by SEL Manufacturing and the matter is before the NCLT. "We have to inform that a fully provided non-performing account, SEL Manufacturing Ltd (SELM) with outstanding dues of Rs 688.27 crore for which NCLT proceedings are in progress," Allahabad Bank said in a regulatory filing. (Image: Stock)
Punjab & Sind Bank: Fraud of Rs 238 crore by Bhushan Power has been reported to RBI. (Image: Reuters)
NMDC: Karnataka High Court allows plea for Donimalai mining operations and set aside order on Donimalai royalty pay to Karnataka. (Image: Reuters)