12% of BSE 500 companies turn profitable in September quarter
12% of BSE 500 companies turn profitable in September quarter
BusinessToday.In
- Oct 29, 2020,
- Updated Oct 29, 2020 9:05 AM IST

- 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.

- 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.
: Pragati Srivastava