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RIL, HDFC Bank to react to Q1 results
22-Jul-19   08:47 Hrs IST

Reliance Industries (RIL) reported 6.82% rise in consolidated net profit to Rs 10104 crore on 22.68% rise in total income to Rs 160147 crore in Q1 June 2019 over Q1 June 2018. The result was announced after market hours on Friday, 19 July 2019.

Meanwhile, Reliance Industrial Investments and Holdings (RIIHL), a wholly-owned subsidiary of Reliance Industries (RIL), has entered into an agreement with BIF IV Jarvis India Pte, an affiliate of Brookfield Asset Management Inc. (Brookfield) for an investment by Brookfield (along with coinvestors) of Rs 25215 crore in the units proposed to be issued by the Tower Infrastructure Trust (Trust). The announcement was made after market hours on Friday, 19 July 2019.

HDFC Bank reported 21.01% rise in net profit to Rs 5568.16 crore on 22.74% rise in total income to Rs 32361.84 crore in Q1 June 2019 over Q1 June 2018. The result was announced on Saturday, 20 July 2019.

HDFC Bank said that in commemoration of 25 years of the bank's operations, the board of directors of the bank has declared a special interim dividend of Rs 5 per share for the financial year 2019-2020. The announcement was made after market hours on Friday, 19 July 2019.

Kotak Mahindra Bank will declare its Q1 result today, 22 July 2019.

InterGlobe Aviation, parent of air carrier IndiGo, reported 4,229.40% surge in consolidated net profit to Rs 1203.14 crore on 43.54% rise in total income to Rs 9786.94 crore in Q1 June 2019 over Q1 June 2018. The result was announced after market hours on Friday, 19 July 2019.

Cipla informed that the United States Food and Drug Administration (USFDA) conducted a routine cGMP inspection at API manufacturing facility in Virgonangar, Bengaluru from 15 June 2019 to 19 June 2019. The inspection ended with 7 observations, none of which were repeat or related to data integrity. The company will respond to the agency within the stipulated timeline. The announcement was made on Saturday, 20 July 2019.

Future Lifestyle Fashions reported 6.83% fall in consolidated net profit to Rs 24.54 crore on 16.78% rise in total income to Rs 1551.11 crore in Q1 June 2019 over Q1 June 2018. The result was announced on Saturday, 20 July 2019.

The board of directors of Automobile Corporation of Goa will consider a proposal for buy back of equity shares of the company on 24 July 2019. The announcement was made after market hours on Friday, 19 July 2019.

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