Symphony Limited’s declared its standalone revenue from operations stood at Rs124 cr for Q3FY21 in the Q3 on Friday. The company had registered Rs207cr revenue in Q3FY20, showing a de-growth of 40% in revenues. Standalone PAT declined 39.65% YoY to Rs35cr for Q3FY21 versus Rs58 cr in Q3FY20. The operations of the Company were impacted due to Covid-19 pandemic during the Q3 period.

Om Infra Limited received the Letter of Award (LOA) from Government of Punjab for the Shahpurkandi powerhouse project worth Rs621cr. The work includes construction of two powerhouses, their appurtenant works an part of Hydel Channel of Shahpurkandi Dam Project on EPC mode from Water Resource Department, Government of Punjab. The given project will help Om Infra enhancing their footprints in India.

JSW Steel announced a mammoth 21.07% growth YoY in Dec-20 quarter consolidated revenues at Rs21,859cr. The company saw volume growth of over 5% in crude steel and also in saleable steel. For the Dec-20 quarter, the consolidated operating profits were up 237.8% at Rs4,716cr. Consolidated Profit after tax (PAT) for the Dec-20 quarter was up 1327% at Rs2,669cr.

SBI Cards and Payment Services Ltd registered a net profit of Rs210cr for the quarter ending December 2020. It declined by 52% from Rs435cr a year ago same period. Total income for the quarter stood at Rs2,540cr, marginally lower from Rs2,563cr last year similar quarter. New accounts volume has increased by 8% to 918K accounts in Q3 FY21 compared to 848K in Q3 FY20.

With the kicking in of the Covid-19 vaccination drive, Daimler Indian Commercial Vehicles (DICV) and Motherson Sumi have unveiled a customised refrigerated truck to transport the vaccines. Though the 28-tonne BharatBenz truck is made by the Chennai-based truck and bus maker DICV, the refrigerated container mounted on it will be developed by the Motherson Sumi Group.

Levi’s is upgrading some of its existing stores and swapping old ones with stores in better locations, in some cases close to brands such as Zara and Diesel, as it hopes to build more salience among younger shoppers. The company hopes that sales density and the size of their stores are going to increase with a focus on acquiring better locations and upgradations.

V-Mart Retail Ltd reported -16.39% decline YoY in Dec-20 quarter consolidated revenues at Rs470cr. The fall in revenues on a  YoY basis was largely on account of the lag effect of the pandemic. However, the QOQ revenues have grown sharply indicating that the company is in the recovery process. Consolidated Profit after tax (PAT) for the Dec-20 quarter was down -17.78% at Rs47.87cr.

Trident Limited has fixed February 1, 2021, as the Record Date for the redemption of Commercial Paper, amounting to Rs50cr. The maturity date for the Commercial Paper programme is February 2, 2021. Trident Limited is largest manufacturer and exporter of Home Textiles in the country. They recently unveiled its ‘VISION 2025’ to accelerate the growth momentum.

Indian Bank on Friday announced more than doubling of its profit at ₹514.28 crore for the Q3 ended December 2020. The bank's profit in the year-ago period stood at ₹247.16 crore. The percentage of net NPA was lower at 2.35% as against 3.50% a year ago and 2.96% inQ2. The bank said it had made provisioning of ₹2,314.35 crore towards bad loans and contingencies.

The Indian Railways has awarded a Rs 2,211 crore mega tender for procurement of Vande Bharat Express or Train 18 to Hyderabad-based Medha Servo Drives Pvt. Ltd, to boost the Make in India initiative. The company will manufacture and supply 44 train sets. The procurement includes five years of comprehensive annual maintenance contract with the supplier.

Caplin Point Laboratories on Friday announced ts arm Caplin Steriles gained the green signal from the USFDA for its generic anticoagulant Argatroban injection. They received the approval for its abbreviated new drug application for Argatroban injection, 50 mg/50 ml (1 mg/ml), single-dose vial presentation. It is a generic version of Hikma Pharmaceuticals' Argatroban injection.

HDFC came out with the unaudited condensed financial statements of HDFC ERGO for the nine months ended December 31, 2020. Its net profit increased to Rs510.12cr as of December 2020, compared to Rs294.32cr as of December 2019. HDFC ERGO recorded higher gross written premium to Rs8,870.22cr in the latest period against Rs7,047.34cr a year ago same period.

Jubilant Life Sciences confirmed that they will allot equity shares of Jubilant Ingrevia to shareholders on February 05, 2021, upon the composite scheme of arrangement coming into effect. Jubilant added that after the issuance and allotment of the equity shares, Jubilant Ingrevia will commence necessary formalities for the listing of its equity shares on the National Stock Exchange of India.

Yash Securities has worked out its Q3 (October-December’ 20) earnings estimates for the Infrastructure sector. The brokerage house expects PSP Projects to report net profit at Rs. 26.8 crore down 27.3% year-on-year (up 85.9% quarter-on-quarter). Net Sales are expected to decrease by 6 percent Y-o-Y (up 63.6 percent Q-o-Q) to Rs. 397.7 crore, according to Yash Securities.

Yash Securities has worked out its Q3 (October-December’ 20) earnings estimates for the Infrastructure sector. The brokerage house expects Apar Industries to report net profit at Rs. 54 crore up 47.3% year-on-year (up 1% quarter-on-quarter). Net Sales are expected to decrease by 4.7 percent Y-o-Y (up 18.2 percent Q-o-Q) to Rs. 1,749.8 crore, according to Yash Securities.