State Bank of India: Moody's Investors Service has downgraded State Bank of India's standalone profile to ba2 from ba1 saying it sees the bank's asset quality and profitability deteriorating.
Indokem: Q1 income from operations at Rs 9.47 crore against Rs 20.62 crore YoY. Profit from continued operations at Rs 6 lakh against loss of Rs 1.04 crore YoY.
Adhunik Industries: Q1 revenue from operations at Rs 72.56 crore against Rs 158.95 crore YoY. Profit at Rs 34 lakh against Rs 2.6 crore YoY.
IRCON International: Q1 consolidated revenue at Rs 526.87 crore against Rs 1,069.85 crore YoY. Net profit at Rs 34.46 crore against Rs 144.66 crore YoY.
Can Fin Homes: Q1 total income at Rs 522.5 crore against Rs 484.14 crore YoY. Net profit at Rs 93.16 crore against Rs 80.98 crore YoY.
IL&FS Transportation Networks defaulted on interest payment on non-convertible debentures due on August 25.
Kalpataru Power Transmission: Subsidiary JMC Projects secured new orders worth Rs 554 crore.
FDC launched two variants of Favipiravir Drug (PiFLU and Favenza) meant to treat mild to moderate cases of COVID-19.
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