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Politics

NTPC Q3 net profit up 23% to Rs 3,198 crore

NEW DELHI: State-run NTPC on Friday reported around 23% jump in consolidated net profit at Rs 3,198 crore in December quarter, mainly due to higher revenues. The company had posted a consolidated net profit of Rs 2,608 crore in October-December quarter of 2018, a BSE filing said. According to the statement, total income of the …

Politics

ITC Q3 net profit jumps 29% at Rs 4,047.87 crore

NEW DELHI: FMCG(fast moving consumer goods) major ITC on Friday reported a 29.03 per cent increase in its consolidated net profit at Rs 4,047.87 crore for the third quarter ended December 2019. The company had posted a net profit of Rs 3,136.95 crore in the October-December quarter of the previous fiscal. Net sales during the …

Politics

SBI profit jumps 41% to Rs 6,797 crore in Q3 on lower provisioning

NEW DELHI: The country’s largest lender State Bank of India (SBI) on Friday reported a 41 per cent jump in net profit to Rs 6,797.25 crore in the October-December quarter this fiscal compared to Rs 4,823.29 crore in the year-ago period. Consolidated income rose to Rs 95,384.28 crore in the third quarter from Rs 84,390.14 …

Tech

relience communications: Reliance Communications Q1 profit grows 5.8% at Rs 54 crore

NEW DELHI: Telecom operator Reliance Communications today posted 5.8% rise in consolidated net profit to Rs 54 crore for the three-month period ended June 30. Anil Ambani-led RCom, which today agreed to merge its wireless telecom business with smaller rival Aircel to create the country’s fourth-biggest mobile phone operator had posted a net profit of …