Earnings today: Deepak Nitrite, Dixon Technologies, Reliance Industries, Indian Oil Corporation, DLF, IndusInd Bank, Jindal Steel, Just Dial, NIIT, Quess Corp, UPL, Vakrangee and Zee Media are slated to announce their financial results for the September quarter on Friday.
Canara Bank: State-run Canara Bank reported a 28 per cent dip in profit after tax at Rs 444 crore for the quarter ended September on higher provisions.
Tata Chemicals: Tata Chemicals reported a 64 per cent fall in consolidated net profit at Rs 132.09 crore for the quarter ended September.
Shriram Transport Finance Co: The company reported a 10.5 per cent decline in net profit at Rs 684.56 crore in July-September quarter of 2020-21.
Vodafone Idea: The telecom player reported significant narrowing of losses to about Rs 7,218 crore for the September quarter, and said signs of recovery were visible with gradual improvement in economic activities. Its losses in Q2 FY20 had been at a staggering Rs 50,921.9 crore after it provisioned for Supreme Court mandated statutory dues.
Pidilite: The company, manufacturer of the popular Fevicol brand of adhesives and sealants, said it will acquire the US-based Huntsman Group’s adhesives business in the country for Rs 2,100 crore in an all-cash deal that values the seller at 15 times its operating profit.
Security and Intelligence Services: The company reported a 42 per cent jump in consolidated net profit at Rs 108.1 crore for the quarter ended September.
TVS Motor: The auto major reported a 29.37 per cent decline in consolidated net profit at Rs 181.41 crore for the quarter ended September.
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