trending Market Intelligence /marketintelligence/en/news-insights/trending/VeHu1RowO0240NXJgXOUkw2 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

Mohit Industries fiscal Q1 profit climbs 7.2% YOY

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?

Mohit Industries fiscal Q1 profit climbs 7.2% YOY

Mohit Industries Ltd. said its normalized net income for the fiscal first quarter ended June 30 was 55 Indian paise per share, an increase of 6.7% from 51 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 7.8 million rupees, a gain of 7.2% from 7.3 million rupees in the year-earlier period.

The normalized profit margin dropped to 1.2% from 1.4% in the year-earlier period.

Total revenue climbed 24.1% year over year to 650.9 million rupees from 524.3 million rupees, and total operating expenses rose 24.4% on an annual basis to 616.6 million rupees from 495.8 million rupees.

Reported net income increased 7.3% from the prior-year period to 10.0 million rupees, or 70 paise per share, from 9.3 million rupees, or 66 paise per share.

As of Aug. 14, US$1 was equivalent to 60.85 Indian rupees.