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    12% of BSE 500 companies turn profitable in September quarter

    BT NewsFlicks

    12% of BSE 500 companies turn profitable in September quarter

    • 1/5

    Currently 97 companies of BSE 500 index have declared their second quarter results. Of these, 12 saw a turnaround in their standalone profits after suffering losses in the June quarter of 2020.
    Niti Kiran

    • 2/5

    Tyre maker Ceat reported profits of Rs 170.2 crore in the July-September period after posting losses of Rs 25.9 crore, on a standalone basis, in the previous quarter.

    • 3/5

    The company posted profits of Rs 4.8 crore in the second quarter compared to losses of Rs 22.8 crore in the first quarter of 2020.

    • 4/5

    Media group DB Corp turned profitable with Rs 28.5 crore after standalone losses of Rs 48 crore in the June quarter.

    • 5/5

    Murugappa group company Tube Investments of India posted a standalone profit of Rs 95.9 crore in Q2FY20 compared to a loss of Rs 58.9 crore in Q1FY20.
    Story: Niti Kiran
    Design: Pragati Srivastava