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Net Loss
Business  /  Published 10.08.20

BoB slips into red

Numaligarh Refinery Limited (NRL), a leading PSU oil company in Assam, has recorded a dip in revenue from operations at Rs 14,073 crore in 2019-20 compared with Rs 18,511 crore in 2018-19 because of l...
By Our Bureau in New Delhi

Business  /  Published 06.08.20

Vodafone loss widens

Vodafone Idea, the country’s third-largest telecom operator, on Thursday reported a sharp rise in its losses to Rs 25,460 crore for the April-June quarter of 2020-21 because of the high provisio...
By Our Special Correspondent in New Delhi

Business  /  Published 04.08.20

Exide: slips into the red

Exide Industries on Monday reported a consolidated net loss of Rs 13.56 crore for the quarter ended June 30, 2020 amid disruptions caused by the Covid-19 pandemic. The lead acid battery major had post...
By A Staff Reporter in Calcutta

Business  /  Published 30.06.20

Tata Steel in the red on asset writeoff

Tata Steel posted a surprising loss of Rs 1,236 crore in the fourth quarter of 2019-20 after adjusting impairment charges linked to the steel business in the United Kingdom and mineral assets in Canad...
By Our Special Correspondent in Calcutta

Business  /  Published 06.06.20

Vedanta suffers loss

Diversified natural resources firm Vedanta on Saturday reported a consolidated net loss of Rs 12,521 crore during the fourth quarter of 2019-20 against a net profit of Rs 2,615 crore in the correspon...
By Our Special Correspondent in

Business  /  Published 17.02.20

Oyo suffers higher loss

Hospitality firm Oyo Hotels & Homes on Monday reported widening of its consolidated net loss to $335 million (over Rs 2,390 crore) for the financial year ended March 2019, mainly on account of int...
By TT Bureau in New Delhi

Business  /  Published 14.11.18

SpiceJet follows IndiGo and Jet into the red

Survival strategyCommenting on the performance of the airline, SpiceJet chairman and managing director Ajay Singh said, “While it has been a challenging quarter for the entire industry, SpiceJet has...
By PTI in New Delhi

Business  /  Published 06.02.19

Allahabad Bank Q3 loss narrows to ₹733 cr in Q3

Allahabad Bank MD and CEO CH. S. S. Mallikarjuna Rao said the slippages have increased on account of the NPAs in the IL&FS accounts as well as the farm loan waiver announced in some states. There ...
By A Staff Reporter in Calcutta

Business  /  Published 04.02.20

PNB slips into the red

Punjab National Bank’s standalone net loss rose to Rs 492.28 crore for the December quarter of 2019 as provisioning for bad loans rose substantially. The state-owned lender had posted a net profit o...
By Our Special Correspondent in New Delhi

Business  /  Published 17.10.19

Air India lowers debt load

Air India Assets Holding Ltd (AIAHL) has raised another Rs 7,985 crore through the issue of bonds, and the proceeds will be utilised to repay Air India’s debt. This the third fund-raising in little ...
By Our Special Correspondent in New Delhi


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