trending Market Intelligence /marketintelligence/en/news-insights/trending/YWFY7DimG1347nW7RWWXhw2 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

Virat Industries fiscal Q1 profit falls YOY

[Interactive Chart] 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


Virat Industries fiscal Q1 profit falls YOY

Virat Industries Ltd. said its normalized net income for the fiscal first quarter ended June 30 amounted to 1.25 Indian rupees per share, a decrease of 28.9% from 1.76 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 6.1 million rupees, a decrease of 29.0% from 8.6 million rupees in the year-earlier period.

The normalized profit margin declined to 12.7% from 16.5% in the year-earlier period.

Total revenue declined 8.1% year over year to 48.2 million rupees from 52.5 million rupees, and total operating expenses declined 6.2% on an annual basis to 39.3 million rupees from 41.9 million rupees.

Reported net income declined 27.9% from the prior-year period to 6.7 million rupees, or 1.37 rupees per share, from 9.3 million rupees, or 1.90 rupees per share.

As of Aug. 13, US$1 was equivalent to 61.07 Indian rupees.