trending Market Intelligence /marketintelligence/en/news-insights/trending/7nZab08vz9XJlIcH3hGZcw2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Radix Industries fiscal Q2 profit falls YOY

Gold RRS 2020 — Top Gold Producers' Reserves In Decline

Infrastructure Issues: Understanding and Mitigating Risks

Trade Payment Risk Is Not Necessarily Default Risk

COVID-19: How can we tell which Local Governments will be most impacted by the Pandemic?


Radix Industries fiscal Q2 profit falls YOY

Radix Industries (India) Ltd. said its normalized net income for the fiscal second quarter ended Sept. 30 came to 13 Indian paise per share, a decrease of 83.1% from 78 paise per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 1.4 million rupees, a decrease of 82.5% from 7.8 million rupees in the year-earlier period.

The normalized profit margin declined to 5.2% from 11.3% in the year-earlier period.

Total revenue decreased 61.8% year over year to 26.6 million rupees from 69.6 million rupees, and total operating expenses decreased 60.4% on an annual basis to 22.4 million rupees from 56.7 million rupees.

Reported net income decreased 82.5% on an annual basis to 1.5 million rupees, or 14 paise per share, from 8.3 million rupees, or 83 paise per share.

As of Oct. 30, US$1 was equivalent to 65.41 Indian rupees.