Quarter results News

The company had posted a profit after tax of Rs 894.11 crore in the same period last fiscal. Standalone revenue from operations for the quarter was at Rs 5,602.18 crore as compared to Rs 12,922.72 crore in the year-ago period. Revenue from operations during the quarter under review stood at Rs 16,321.34 crore as against Rs 26,041.02 crore in the year-ago period.

Coronavirus crisis hammered sales in several of its key markets. The COVID-19 pandemic has taken a heavy toll on automakers globally and piled pressure on Tata Motors. Sales at JLR, which accounts for most of the company`s revenue, fell over 42% during the quarter.

The monthly active users (MAUs) hit 2.7 billion while daily active users (DAUs) rose 12 per cent to 1.79 billion (as of June 30). Facebook said it counts 3.14 billion monthly users across its family of apps. Facebook expects total expenses in 2020 to be in the range of $52-55 billion, narrowed slightly from the prior range of $52-56 billion.

Apple's board of directors approves a four-for-one stock split, effective from August 31. International sales accounted for 60 percent of the quarter's revenue. iPhone sales were $26.4 billion, iPad revenue was $6.6 billion while Mac revenue reached $7.1 billion.

The total income rose 29 per cent to Rs 29,959 crore in April-June, 2020-21 as against Rs 23,240 crore in the same period of 2019-20. Successive month-on-month improvements have been seen in the individual loan business since April 2020. June disbursements was 68 percent of the corresponding month in the previous year and the increasing trend continuing in the month of July 2020.

The auto major had got listed way back in July 2003. It had posted a consolidated net profit of Rs 1,376.8 crore in the April-June quarter of 2019-20. On a standalone basis, the company reported a net loss of Rs 249.4 crore for the first quarter ended June 30.

The third largest private sector bank posted a net profit of Rs 1,370 crore for April-June, 2019-20. Total income was almost flat at Rs 19,125.57 crore during the quarter under review. There was an uptick in provisions for bad loans and contingencies at Rs 4,416.42 crore for April-June, 2020-21 as against Rs 3,814.58 crore in the year-ago period.

HUL had posted a net profit of Rs 1,795 crore in April-June quarter of the previous fiscal. Its sales during the quarter under review rose 3.65 per cent to Rs 10,570 crore, as against Rs 10,197 crore. Its total expenses increased 5.42 per cent to Rs 8,324 crore in Q1 FY2020-21, compared to Rs 7,896.

The IT major had registered a net profit of Rs 2,220 crore in the April-June 2019 quarter. HCL has declared an interim dividend of Rs 2 per equity share of Rs 2 each of the company for the FY 2020-21. The Payment date of the said interim dividend shall be August 7, 2020.

The company had posted a consolidated profit of Rs 2,387.6 crore in the same period a year ago. Total income of Wipro was almost flat at Rs 15,571.4 crore in the April-June quarter. Shares of Wipro closed at Rs 225.05 apiece, down by 1.1 per cent compared to the previous close, on BSE.

It had reported the net profit of Rs 35.34 crore in the corresponding quarter of previous fiscal.

The company had reported a net profit of Rs 181.14 crore in the same period a year ago.