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Tuesday 27 April 2021

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Tech Mahindra: The company reported a sharp decline in profit at Rs 1,081 crore in Q4FY21 against Rs 1,310 crore in Q3FY21. Revenue rose to Rs 9,730 crore from Rs 9,647.1 crore in the previous quarter. The company's subsidiary will acquire 100% equity shares in Eventus Solutions Group LLC.


HDFC Life Insurance Company: The company reported a higher consolidated profit at Rs 319.06 crore in Q4FY21 against Rs 311.65 crore in Q4FY20; net premium income jumped to Rs 12,869.55 crore from Rs 10,475.95 crore in the year-ago period.


Schaeffler India: The company reported profit of Rs 139.54 crore for Q4FY21 against Rs 78.35 crore in the corresponding quarter of the previous fiscal while revenue rose to Rs 1,316.82 crore from Rs 928.54 crore in Q4FY20.


SBI Cards and Payment Services: The company reported a sharp increase in its profit at Rs 175 crore for Q4FY21 against Rs 84 crore in Q4FY20. However, revenue declined to Rs 2,308.68 crore from Rs 2,433.24 crore in the year-ago quarter.


Great Eastern Shipping Company: HDFC Mutual Fund acquired 30,88,000 equity shares (2.10% of total paid up equity) via open market transactions on April 22, increasing total stake to 7.23% from 5.13% earlier.


Castrol India: The company reported higher profit at Rs 243.6 crore in March quarter 2021 against Rs 125.2 crore in March quarter 2020, revenue jumped to Rs 1,138.7 crore from Rs 688 crore YoY.

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