trending Market Intelligence /marketintelligence/en/news-insights/trending/Q79QRBwLGNJLUpE1u8zGoA2 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

Ledo Tea swings to loss in fiscal Q1

Corporate and Municipal CUSIP Requests Drop in July

As COVID-19 Wears On, Regulators Examine Moratorium Extensions, Cost Recovery

Essential Energy Insights July 2020 - Issue 2

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

Ledo Tea swings to loss in fiscal Q1

Ledo Tea Company Ltd said its normalized net income for the fiscal first quarter ended June 30 amounted to a loss of 31 Indian paise per share, compared with 1.02 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 273,130 rupees, compared with income of 883,750 rupees in the year-earlier period.

The normalized profit margin dropped to negative 2.6% from 6.8% in the year-earlier period.

Total revenue fell 18.4% year over year to 10.6 million rupees from 13.0 million rupees, and total operating expenses totaled 10.8 million rupees, compared with 10.8 million rupees in the prior-year period.

Reported net income totaled a loss of 437,000 rupees, or a loss of 50 paise per share, compared to income of 1.4 million rupees, or 1.64 rupees per share, in the year-earlier period.

As of Aug. 13, US$1 was equivalent to 61.07 Indian rupees.