trending Market Intelligence /marketintelligence/en/news-insights/trending/f79vNMGTuuNnDmvDeSd2EQ2 content esgSubNav
In This List

Transchem swings to profit in fiscal Q1

Blog

Municipal CUSIP Request Volumes Climbs for Fourth Straight Month

Blog

Corporate Credit Risk Trends in Developing Markets: An Expected Credit Loss (ECL) Perspective

Video

Root & Branch - June 2021: Greenium, Transparency and Advent

Blog

LCD Monthly: ESG Sustainability linked bonds offer pricing perk


Transchem swings to profit in fiscal Q1

Transchem Ltd. said its normalized net income for the fiscal first quarter ended June 30 amounted to 1 Indian paise per share, compared with a loss of 14 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 183,750 rupees, compared with a loss of 1.7 million rupees in the year-earlier period.

Reported net income totaled 294,000 rupees, or 2 paise per share, compared to a loss of 2.6 million rupees, or a loss of 22 paise per share, in the prior-year period.

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