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Russian promoted Indian oil refinery posts record profit of about $447 million

India’s Nayara Energy, part owned by Russian oil major RosneftMM, posted a record quarterly profit in April-June as its margins improved due to higher intake of discounted Russian oil and fuel exports. Nayara posted a net profit of about 35.64 billion rupees($447.5 million) in the June quarter compared to a net loss of 1.39 billion …

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LIC posts ₹683 crore profit for quarter 1, assets of ₹41 lakh crore

MUMBAI: Life Insurance Corporation (LIC) has reported a net profit of Rs 683 crore for the quarter ended June 2022 compared to Rs 2. 6 crore in the corresponding quarter of the previous year. But the numbers are not comparable as the corporation was not preparing quarterly results in earlier years. Prior to its IPO …

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Russia-backed Indian refiner Nayara Energy posts record profit

NEW DELHI: NEW DELHI: India’s Nayara Energy, part owned by Russian oil major Rosneft, posted a record quarterly profit in April-June as its margins improved due to higher intake of discounted Russian oil and fuel exports. Nayara posted a net profit of about 35.64 billion rupees($447.5 million) in the June quarter compared to a net …

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LIC Q1Fy23 Results: Net Profit Climbed Multifold YoY To Rs. 682.89 Crore

Business oi-Roshni Agarwal | Published: Friday, August 12, 2022, 22:27 [IST] Life Insurance Corporation of India (LIC) today reported its Q1Fy23 results, wherein the insurer’s net profit climbed multifold to Rs. 682.89 crore. In the year-ago period, the company’s profit came in at Rs. 2.94 crore. The total income at the public run insurer stood …

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LIC Q1 profit jumps multifold to Rs 682.89 crore

When compared with the preceding March quarter, the LIC performance was down across parameters, the filings showed. MUMBAI: Life Insurance Corporation of India on Friday reported a multifold jump in its June quarter net profit at Rs 682.89 crore. The state-run life insurance behemoth, which went public recently, had a net profit of Rs 2.94 …

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Pharma Company Paying 300% Final Dividend, Ex-date Next Week, Q1 Profit Thrives To Rs. 2,061 Cr

News oi-Kuntala Sarkar | Published: Friday, August 12, 2022, 12:46 [IST] Sun Pharmaceutical Industries (Sun Pharma), on May 31, 2022, announced a final dividend of 300%. The company’s ex-dividend date will be next week, on August 22, 2022, and the record date will be on August 18, 2022. The shares of Sun Pharma are trading …

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iPhone Maker Hon Hai Profit Beats, Easing Supply-Chain Fears

iPhone Maker Hon Hai Profit Beats, Easing Supply-Chain Fears

Hon Hai Precision Industry Co., the maker of most of the world’s iPhones, posted a profit that beat estimates as demand for its cloud products helped it weather supply-chain snarls and sluggish smartphone demand. Hon Hai Precision Industry Co., the maker of most of the world’s iPhones, posted a profit that beat estimates as demand …

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