The biotechnology company reported that an increase in total expenses was to blame for its consolidated net profit before exceptional items declining by 11% to Rs168 crore in the second quarter that ended on September 30, 2022.
- NMDC:
In the three months that ended in September, the state-owned metal company reported a consolidated net profit after tax that fell by 62% YoY to Rs 885.65 crore, primarily due to lower revenue.
The real estate company reported that its consolidated net profit for the three months ending in September was Rs52 crore as opposed to a net loss of Rs14 crore during the same time last year.
As a result of high fuel prices and the weakening currency, the airline company’s net loss widened to Rs 837.8 crore in the three months that ended in September.
According to the bulk deal data available with NSE, Tiger Global Management sold 1,34,17,607 shares, or 2.98% of the parent company of Policybazaar, at an average price of Rs389.38 to Rs389.44 each for Rs522.50 crore.
The major tyre company reported that strong sales in both domestic and foreign markets helped its consolidated net profit for the second quarter that ended in September rise by 11% to Rs194 crore.
For the quarter that ended September 30, 2022, the civil construction company reported a 7% increase in consolidated net profit to Rs 51.97 crore.
For the second quarter that concluded on September 30, 2022, the pharmaceutical company declared a combined net profit of Rs33 lakh.
The open offer by Adani Group to acquire an additional 26% share in media company NDTV has been approved by the markets regulator Sebi, and it will go live on November 22.
Its Cyclophosphamide capsules, which are used to treat various cancers, have been approved for sale in the US market, according to the medicine manufacturer.
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