Infosys: The company said that the impact of COVID-19 in Q4FY20 was not significant. Two-third of the impact was supply led – as the company was ramping up its enablement of work-from-home. (Image: Reuters)Kotak Mahindra Bank: The private sector lender has raised Rs 7,442.5 crore through a qualified institutional placement (QIP) of shares.HCL Technologies: The company has shown its intention to acquire Cisco’s self-optimizing network (SON) technology.Yes Bank/Dish TV: Yes Bank has acquired 24.19 percent shares of Dish TV upon invocation of pledge. Meanwhile, Madhu Kapur and her family have now relinquished their status as promoters of Yes Bank. (Image: Reuters)Dabur India: Rating agency CRISIL has reaffirmed the company’s credit rating at AAA/Stable for long-term bank facilities.Dr Reddy’s Laboratories: The company’s API in Andhra Pradesh has received the Establishment Inspection Report (EIR) from USFDA indicating that the inspection is closed.Adani Power: The board will consider the proposal for voluntary delisting of the equity shares of the company. (Image: Company)Kalpataru Power Transmission: The company has signed an agreement to divest its entire stake in Jhajjar KT Transco Private Ltd for Rs 310 crore.M&M Financial Services: The company’s board meeting on June 1 will consider fundraising by the issue of equity shares via the right issues or QIP.Dilip Buildcon: The company’s consolidated profit in Q4FY20 more than doubled to Rs 190.97 crore from Rs 84.09 crore while revenue rose to Rs 2,740 crore from Rs 2,589.8 crore, YoY.Jubilant Life Sciences: The company reported a profit of Rs 260.49 crore in Q4FY20 as against a loss of Rs 99.3 crore and revenue at Rs 2,307.32 crore versus Rs 2,352.15 crore, YoY. The company’s board has approved the issuance of secured NCDs up to Rs 100 crore on a private placement basis.IIFL Finance: Moody’s has revised the corporate family rating to B1 from Ba3. Moody’s has also revised the senior secured program rating of India Infoline Finance to (P)B1 from (P)Ba3.Capacite Infraprojects: The company said that there were no sales during the months of April and May 2020, which will result in significant revenue loss for the company.V-Mart Retail: The company reported a loss of Rs 8.4 crore in Q4FY20 versus loss of Rs 0.9 crore while revenue at Rs 332.6 crore versus Rs 344.5 crore, YoY.Metropolis Healthcare: The company’s Q4FY20 net profit fell to Rs 15.49 crore versus Rs 42.07 crore, revenue declined to Rs 206.97 crore versus Rs 222.85 crore, YoY.Equitas Holdings: The company’s Q4FY20 net profit fell to Rs 14.59 crore from Rs 41.93 crore while revenue rose to Rs 790 crore from Rs 602.5 crore, YoY.NCC: Q4FY20 net profit was reported at Rs 75.82 crore versus Rs 187.57 crore while revenue at Rs 2,334.41 crore versus Rs 3,761 crore, YoY.Q4FY20 Earnings: Orient Electric, Birla Cable, Capital India Finance, Welspun Enterprises, V-Guard Industries, among others.
