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Results: Aditya Birla Capital posts Rs 375 crore net profit in Q4

Results: Aditya Birla Capital posts Rs 375 crore net profit in Q4
Results: Aditya Birla Capital posts Rs 375 crore net profit in Q4
Aditya Birla Capital on Friday said it has reported the highest ever quarterly net profit of Rs 375 crore for the fourth quarter ended March 2021.
It had posted a net profit of Rs 144 crore in the year-ago period. The non-banking financial company said it posted strong growth across businesses leading to delivery of the highest ever consolidated profit, despite a COVID-hit year.
The highest ever quarterly net profit at Rs 375 crore grew by 2.6 times year-on-year.
Revenue during the fourth quarter of the financial year 2020-21 rose by 16 per cent to Rs 5,917 crore as against Rs 5,085 crore in the year-ago period. ....

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L&T profit rises 21% to Rs 11,583 crore in FY21; board proposes Rs 18 final dividend

The consolidated PAT includes a charge of Rs 3,620 crore towards exceptional items and Rs 8,238 crore profit from discontinued operations, mainly comprising of gain on divestment ....

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Rosneft swings to $2 billion first-quarter net income on higher oil prices

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FILE PHOTO: The logo of Russia s oil company Rosneft is pictured at the Rosneft Vietnam office in Ho Chi Minh City, Vietnam April 26, 2018. REUTERS/Maxim Shemetov/File Photo
MOSCOW (Reuters) - Russia’s largest oil producer Rosneft on Friday reported first-quarter net income of 149 billion roubles ($2 billion), buoyed by a recovery in oil prices and almost fully recovering from a loss a year ago.
Sova Capital brokerage said this was the strongest quarter for Rosneft since before it acquired Anglo-Russian TNK-BP in 2013.
“Given where commodity prices are (in the second quarter) so far, we think there is basis for a solid dividend for (the first half of) 2021,” it said. ....

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