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Latest Articles in revenues

ABB India Net Jumps 4-Folds To Rs 68 Cr In June Quarter

The net profit of the company from continuing operations was Rs 17 crore in the quarter ended on June 30, 2021, the company said in a statement. ABB India follows January-December fiscal.

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Deutsche Bank India Branches Report 48 % Jump In Net Profit In FY21

The FY21 net revenues came at Rs 5,537 crore, which were up 23 per cent over FY20's Rs 4,510 crore driven by consistent performance across all businesses in India

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Airtel Payments Bank Hopeful Of Break-Even In FY22; Logs Surge In Biz Volumes Amid Pandemic

Airtel Payments Bank announced its customers will get an increased interest rate of six per cent per annum on savings account deposit of over Rs 1 lakh.

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GST 4th Anniversary: Finmin To Issue Appreciation Certificates To 54,439 GST Payers

The income tax department too sends out 'certificates of appreciation' to individual taxpayers in various categories on the basis of the level of taxes paid by them.

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Losing Fizz: Softdrink Industry Revenues Unlikely To Regain Pre-Pandemic Level In FY22

Consumption of the beverages at places outside the home, like hotels, restaurants and cafés, which constitutes up to a fourth of overall sales will be impacted in the first quarter

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DoT Warns Telcos May Misuse Fixed Broadband Licence Fee Exemption; Trai Starts Review

The Telecom Regulatory Authority of India (Trai) issued a supplementary consultation paper on roadmap to promote broadband connectivity and enhanced broadband.

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Operations Adversely Impacted Due To COVID-Led Disruptions: Trent

The empirical play out of recovery in Q3/Q4 of FY2020-21, when the pandemic related restrictions eased, together with the vaccination programme are encouraging pointers for the second half of this financial year

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HCL Tech Moving Some Workload To Other Geographies To Tackle COVID Challenges

India is registering a record number of COVID cases daily. The number of new COVID infections touched 3,49,691 cases and 2,767 fatalities

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Domestic Airlines May Cut Losses To Rs 10,000cr This Fiscal: Report

A 25-30 per cent increase in debt (excluding lease liabilities) last fiscal and continuing net losses in the current fiscal will keep their balance sheets under pressure, the ratings agency said, adding high leverage will also result in continued negative outlook for the sector.

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Malls' Revenues To Remain Lower Than Pre-Pandemic Levels This Fiscal, Says Report

Retail sales are expected to be 90 per cent of pre-pandemic levels for the second half of this fiscal, which may not warrant rental waivers

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High Pressure Performance

Operational revenues for FY20 stood at Rs 96,213.6 crore while profit after tax (PAT) was Rs 13,444.5 crore. ONGC realised $58.61/bbl for domestic crude in FY’20 compared to $68.19/bbl in FY19.

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AstraZeneca Forecasts 2021 Growth After Fourth-Quarter Sales Beat

The British drugmaker said it expects 2021 revenues to increase by a low teens percentage, with "faster growth" in core earnings to $4.75 to $5.00 per share.

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Samsung India FY20 Profit Up 88 % To 2,902 Cr; Revenue Up 7.6 % To Rs 78,651 Cr

Total revenue was up 7.6 per cent to Rs 78,651.20 crore in FY20 as against Rs 73,085.90 crore in the previous fiscal year.

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Aditya Birla Fashion Posts Q3 Net Profit At Rs 58 Crore

The pace and extent of recovery that started with the opening of stores in Q2 was amplified on the back of a large pent up demand, strong festive spirit and a concentrated wedding season.

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BHEL Tanks Over 8 % After Dec Quarter Loss

Total income of the company dipped to Rs 4,532.39 crore in the quarter from Rs 5,827.74 crore in the same period a year ago.

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