trending Market Intelligence /marketintelligence/en/news-insights/trending/ODHCC6V1rZZDATxwc-1HaQ2 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

Ovobel Foods swings to loss in fiscal Q1

[Interactive Chart] Understanding the Shift in Trade Credit for Small-Medium Enterprises (SMEs)

Mining Insights Newsletter June 2020

Climate Related Considerations In The Metals And Mining Sector

Pandemic to propel rise of mobile payments in India's 781B point of sale market


Ovobel Foods swings to loss in fiscal Q1

Ovobel Foods Ltd. said its normalized net income for the fiscal first quarter ended June 30 was a loss of 1.63 Indian rupees per share, compared with 1.99 rupees per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was a loss of 17.1 million rupees, compared with income of 20.8 million rupees in the year-earlier period.

The normalized profit margin dropped to negative 6.8% from 7.3% in the year-earlier period.

Total revenue decreased 12.3% year over year to 252.0 million rupees from 287.2 million rupees, and total operating expenses increased on an annual basis to 245.4 million rupees from 237.9 million rupees.

Reported net income totaled a loss of 27.4 million rupees, or a loss of 2.61 rupees per share, compared to income of 33.4 million rupees, or 3.18 rupees per share, in the year-earlier period.

As of July 15, US$1 was equivalent to 60.19 Indian rupees.