India on Tuesday reported 2,55,874 COVID-19 cases in the last 24 hours down from 3,06,064 infections a day before, according to the Union Ministry of Health and Family Welfare data.
EBITDA before non-operating income in the third quarter was Rs 550 crore, which is lower by 14% over the same quarter last year.
The auto major recorded 48% decline in net profit to Rs 1,011.3 crore on as net sales remained flat at Rs 22,187.6 crore in Q3 FY22 over Q3 FY21.
The private sector bank’s net profit increased by 224% to Rs 3,614 crore in Q3 FY22 from Rs 1,117 crore in Q3 FY21.
The net non-performing assets aggregated to Rs 6,513 crore as at 31 December 2021 as against Rs 7,200 crore as at 30 September 2021 and Rs 4,610 crore as at 31 December 2020.
The private bank posted a 29.1% rise in standalone net profit to Rs 522 crore in Q3 FY22 from Rs 404 crore posted in Q3 FY21.
The company EBITDA in Q3 FY22 was at Rs 32.82 crore as against Rs 24.09 crore in Q3 FY21, up 36% Y-o-Y.
The company’s consolidated net profit declined 12.47% to Rs 70.20 crore on 8.35% rise in net sales to Rs 188.10 crore in Q3 December 2021 over Q3 December 2020.
The company reported an 84% jump in net profit to Rs 385.7 crore on a 23.6% rise in total income to Rs 3,139.66 crore in Q3 FY22 over Q3 FY21.
The company’s standalone net profit declined 59% to Rs 83 crore despite a 16% rise in revenue to Rs 1,556 crore in Q3 FY22 over Q3 FY21.
The Federal Open Market Committee is due to meet on Tuesday and Wednesday to decide on the next steps for U.S.
In Asia, South Korea’s economy grew 1.1% in the fourth quarter of 2021 compared to the previous quarter, the Bank of Korea said in a press release on Tuesday.
Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world.