trending Market Intelligence /marketintelligence/en/news-insights/trending/CfO_-QXH-5geDYH1EUuRQw2 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

STL Global fiscal Q1 loss widens 73.6% YOY

Virgin Media-O2 Tie Up, EC Reversal on Three-O2 to Reboot Consolidation

Q&A Credit Risk Perspectives Series: COVID-19 Credit Risks and Recovery for Supply Chains

Assessing ESG Profiles And Returns Against The Broader High-Yield Sector

COVID-Era Private Credit Trends: Liquidity Covenants In, DDTLs Out


STL Global fiscal Q1 loss widens 73.6% YOY

STL Global Ltd. said its normalized net income for the fiscal first quarter ended June 30 amounted to a loss of 2.64 Indian rupees per share, compared with a loss of 1.52 rupees per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was a loss of 71.3 million rupees, compared with a loss of 41.1 million rupees in the prior-year period.

The normalized profit margin dropped to negative 41.1% from negative 26.0% in the year-earlier period.

Total revenue rose 10.0% on an annual basis to 173.7 million rupees from 157.9 million rupees, and total operating expenses rose 33.4% on an annual basis to 226.2 million rupees from 169.5 million rupees.

Reported net income came to a loss of 114.1 million rupees, or a loss of 4.23 rupees per share, compared to a loss of 65.7 million rupees, or a loss of 2.43 rupees per share, in the year-earlier period.

As of Aug. 14, US$1 was equivalent to 60.85 Indian rupees.