trending Market Intelligence /marketintelligence/en/news-insights/trending/van_Jafrhbp_dhuIIYbCsA2 content esgSubNav
In This List

Padmanabh Industries swings to profit in fiscal Q1

Podcast

Next in Tech | Episode 50: InfoSec spending up, again…

Blog

Broadcast deal market recap 2021

Podcast

Next in Tech | Episode 49: Carbon reduction in cloud

Blog

Price wars in India: Disney+ Hotstar vs. Amazon Prime Video vs. Netflix


Padmanabh Industries swings to profit in fiscal Q1

Padmanabh Industries Ltd. said its normalized net income for the fiscal first quarter ended June 30 amounted to 630 rupees, compared with a loss of 16,250 rupees in the prior-year period.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

Reported net income came to 1,000 rupees, compared with a loss of 26,000 rupees, or a loss of 1 paise per share, in the year-earlier period.

As of July 25, US$1 was equivalent to 60.01 Indian rupees.