trending Market Intelligence /marketintelligence/en/news-insights/trending/X1NY6H0S0h6gTt8XXAatqQ2 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

Automotive Stampings & Assemblies fiscal Q1 loss widens YOY

Infographic: Understanding the Shift in Trade Credit for Small-Medium Enterprises (SMEs)

Climate Related Considerations In The Metals And Mining Sector

Mining Insights Newsletter June 2020

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


Automotive Stampings & Assemblies fiscal Q1 loss widens YOY

Automotive Stampings and Assemblies Ltd said its normalized net income for the fiscal first quarter ended June 30 amounted to a loss of 2.63 Indian rupees per share, compared with a loss of 1.06 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 41.7 million rupees, compared with a loss of 16.7 million rupees in the year-earlier period.

The normalized profit margin dropped to negative 6.2% from negative 1.8% in the year-earlier period.

Total revenue declined 27.5% on an annual basis to 668.2 million rupees from 921.5 million rupees, and total operating expenses declined 23.3% from the prior-year period to 716.1 million rupees from 933.8 million rupees.

Reported net income came to a loss of 45.9 million rupees, or a loss of 2.89 rupees per share, compared to a loss of 18.5 million rupees, or a loss of 1.17 rupees per share, in the year-earlier period.

As of July 22, US$1 was equivalent to 60.17 Indian rupees.