trending Market Intelligence /marketintelligence/en/news-insights/trending/pflK5uaaykzsCHQlYMzUnw2 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

Enkei Wheels swings to profit in fiscal Q2

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?


Enkei Wheels swings to profit in fiscal Q2

Enkei Wheels (India) Ltd. said its normalized net income for the fiscal second quarter ended Sept. 30 was 1.30 Indian rupees per share, compared with a loss of 1.33 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 16.6 million rupees, compared with a loss of 16.3 million rupees in the year-earlier period.

The normalized profit margin rose to 1.7% from negative 2.0% in the year-earlier period.

Total revenue increased 18.2% on an annual basis to 951.9 million rupees from 805.3 million rupees, and total operating expenses increased 10.8% on an annual basis to 905.4 million rupees from 817.0 million rupees.

Reported net income came to 21.3 million rupees, or 1.67 rupees per share, compared to a loss of 26.1 million rupees, or a loss of 2.13 rupees per share, in the year-earlier period.

As of Oct. 30, US$1 was equivalent to 61.37 Indian rupees.