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Grasim Q1 results: Firm reports net profit of Rs 482 crore, beats estimates; sales jump 182%

The companys sales performance in the quarter was underwhelming as revenue from operations jumped 182 per cent year-on-year to Rs 3,762.68 crore, but was below Streets expectations. ....

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rakesh jhunjhunwala: A stock Jhunjhunwalas exited in Q1 sees rerating after smart turnaround

Rakesh Jhunjhunwala held 3.69 per cent stake in the company in the December quarter but cut his stake below 1 per cent in the March quarter. ....

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First Solar, Inc. Just Missed Earnings - But Analysts Have Updated Their Models

First Solar, Inc. Just Missed Earnings - But Analysts Have Updated Their Models
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M&M Q3 results: Net profit rises 40% to Rs 531 cr, below Street estimates; revenue grows 16%

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M&M Q3 results: Net profit rises 40% to Rs 531 cr, below Street estimates; revenue grows 16%
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M&M Q3 results: Net profit rises 40% to Rs 531 cr, below Street estimates; revenue grows 16%ETMarkets.com
Last Updated: Feb 05, 2021, 01:45 PM IST
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Synopsis
The company and its arm Mahindra Vehicle Manufacturing’s revenues in the quarter grew 16 per cent on year to Rs 14,057 crore.
Analysts had expected the company and its arm to report a combined net profit of Rs 1,461 crore on revenues of Rs. 13,972 crore.
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MUMBAI: Mahindra & Mahindra and its arm Mahindra Vehicle Manufacturing reported a 40 per cent year-on-year rise in net profit to Rs 531 crore in the quarter ended December. However, the bottomline was dented by a one-time loss on impairment of assets of subsidiaries. ....

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