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Dr. Reddy’s, Biocon, Escorts, Reliance Industries, IndusInd Financial institution

Dr. Reddys Laboratories announce the launch of Albendazole Tablets, USP, in the US market.

Biocon: Due to the uncertainty created by an unprecedented second wave of the Covid-19 pandemic and continued investment in research and development and investments, the Board of Directors has decided that it is not appropriate to declare a dividend for fiscal year 21.

As a precautionary measure, Escorts Ltd. Set the production processes time-wise and selectively this weekend.

Reliance Industries and IndusInd Bank will announce their quarterly results on Friday.

Coromandel International Q4FY21: Consolidated Net Income After Tax for the quarter is Rs156cr compared to Rs234cr for the corresponding quarter last year.

Zensar Tech: In the fourth quarter of fiscal year 21, the company reported a PAT of $ 12.4 million. For Fiscal Year 21, PAT increased 27.4% to $ 47.2 million.

Mahindra Logistics Q4 FY21 sales at Rs974cr up 20% over Q4FY20, PAT (before exceptional items) Rs14cr, up 47% over last year.

Tata Coffee Q4FY21: Consolidated Comprehensive Income Up 17% For Quarter; Consolidated net income for the quarter increased 139%.

Persistent Systems has seen strong growth: 20.3% year over year for the fourth quarter and 12.9% for fiscal 21.

Shriram Transport Finance Q4FY21: Net interest income for the fourth quarter ended March 31, 2021 was Rs2,151.12cr compared to Rs1,961.74cr for the same period last year. Income after tax is 754.93 rupees (minus the Covid-19 provision of 84.22 rupees) compared to 223.38 rupees (minus the Covid-19 provision of 909.64 rupees) for the same period last year.

Bhansali Engineering: Opening of a Corona Care Center with 125 beds in Tapovan Vidyalaya, Indralok Phase 4, New Golden Nest Road, Bhayandar (East), Thane District.

IndiaMART reported total consolidated business revenue of Rs.180 billion for the fourth quarter of fiscal year 21, a 6% year-over-year increase driven by improvements in engagement by existing customers and an increase in the number of paying subscription providers.

Vaibhav Global Limited (VGL), a global e-retailer in costume jewelry, accessories and lifestyle products, recently reached a significant milestone with its flagship one-for-one program now known as Your Purchase Feeds Serving children over 50 million meals.

Ambuja Cements reported a significantly higher standalone profit of Rs 664.6 billion in the fourth quarter of fiscal year 21 compared to Rs 399 billion in the fourth quarter of fiscal year 20. Revenue increased from Rs 2,827.5 billion year-over-year to Rs 3,621, 4 billion rupees.

AU Small Finance Bank reported a higher profit of Rs.168.97 billion in the fourth quarter of fiscal year 21 compared to Rs.122.32 billion in the fourth quarter of fiscal year 2020, and net interest income rose from Rs 554.94 billion a year ago 655.83 billion rupees.

Motilal Oswal Financial Services reported a consolidated profit of Rs 461.38 for the fourth quarter of FY 21 compared to a loss of Rs 237.04 for the fourth quarter of FY 20; Sales increased from 611.21 rupees year-on-year to 140.95 rupees.

Equitas Small Finance Bank reported a higher profit of Rs 112.87 billion for the fourth quarter of fiscal year 21 compared to Rs 43.01 billion in the fourth quarter of fiscal year 2020, and net interest income increased from Rs 424 billion year-over-year to Rs 448, 57 billion rupees.

The Titan Company reported a significantly higher standalone profit of Rs.529 billion in the fourth quarter of fiscal year 21 compared to Rs.357 billion in the fourth quarter of fiscal year 2020, and sales increased from Rs.4,429 billion a year ago to Rs 7.135 billion.

Results today: Reliance Industries, IndusInd Bank, Marico, Yes Bank, Indian Hotels, Can Fin Homes, RPG Life Sciences, Accelya Solutions India, Ajanta Pharma, Alicon Castalloy, Astec Lifesciences, Atul, B2B Software Technologies, Betala Global Securities, Dugar Housing Developments, Indian Acrylic, Mahindra EPC Irrigation, Maral Overseas, Magellanic Cloud, MRC Exim, Progrex Ventures, Raghav Productivity Booster, Sacheta Metals, Shriram City Union Finance, SSPN Finance, Supreme Petrochem, Teesta Agro Industries, Trent and Walchand Peoplefirst.

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