Updated : 2021-02-01 07:49:10
The Indian market is likely to open higher on Monday ahead of the Union Budget 2021-2022 to be presented in the Parliament today. The trend on SGX Nifty indicates a positive start for the broader index in India. The Nifty futures were trading 31.50 points or 0.23 percent higher at the 13,752.50 level on the Singaporean Exchange at 7:45 am.
Tata Motors | The company’s Q3FY21 net profit rose 67 percent to Rs 2,906.5 crore from Rs 1,738.3 crore, while revenue rose 5.5 percent to Rs 75,653.79 crore from Rs 71,676.07 crore, YoY. Tech Mahindra | The company’s consolidated net profit in Q3FY21 rose 23 percent to Rs 1,309.8 crore from Rs 1,064.6 crore, while revenue increased 2.9 percent to Rs 9,647.1 crore from Rs 9,371.8 crore, QoQ. ICICI Bank | The bank’s net profit in Q3FY21 rose 19.1 percent to Rs 4,939.6 crore from Rs 4,146.5 crore, while net interest income rose 16 percent to Rs 9,912.5 crore from Rs 8,545.3 crore, YoY. IndusInd Bank | The bank’s net profit in Q3FY21 declined 34.3 percent to Rs 852.8 crore from Rs 1,300.2 crore, while net interest income increased 10.8 percent to Rs 3,406.1 crore from Rs 3,074 crore, YoY. Inox Leisure, PVR | The Ministry of Information and Broadcasting has allowed 100 percent occupancy in multiplexes and cinema halls from today. (Image: Reuters) Cipla | The company reported sharply higher net profit at Rs 748.2 crore in Q3FY21 as against Rs 351 crore in Q3FY20, while revenue jumped 18.2 percent to Rs 5,168.7 crore from Rs 4,371 crore, YoY. Vedanta | The company reported higher profit at Rs 4,224 crore in Q3FY21 as against Rs 2,665 crore in Q3FY20, while revenue increased to Rs 22,498 crore from Rs 21,126 crore, YoY. Titan Company | The company said that Ashok Kumar Sonthalia will succeed S Subramaniam as the Chief Financial Officer with effect from July 1, 2021. Shree Cements | The company posted over a two-fold jump in Q3FY21 consolidated net profit to Rs 631.58 crore from Rs 311.83, while revenue rose 12.57 percent to Rs 3,541.38 crore from Rs 3,146.01 crore, YoY. (Image: Reuters) DLF | The company reported a 9 percent rise in consolidated net profit to Rs 449 crore in Q3FY21 from Rs 413.10 crore, while revenue rose to Rs 1,668.22 crore from Rs 1,533.34 crore, YoY. IDFC First Bank | The bank reported Q3FY21 net profit at Rs 130 crore as against a net loss of Rs 1,639 crore, YoY. Net Interest Margin (NIM) rose to 4.65 percent from 3.86 percent, YoY. Dish TV India | The company reported a consolidated net profit of Rs 86.41 crore in Q3FY21 as compared to a loss of Rs 66.77 crore, YoY. Revenue fell 6 percent YoY to Rs 815.67 crore. (Image: Reuters) Relaxo Footwears | The company’s Q3FY21 net profit rose 66.5 percent to Rs 90.1 crore from Rs 54.1 crore, while revenue increased 12 percent to Rs 672 crore from Rs 599.8 crore, YoY. Earnings Today | Castrol India, Coromandel International, Finolex Industries, Kansai Nerolac Paints, Mastek, Reliance Capital, Reliance Infrastructure, Zydus Wellness, among others.