Around 59 companies are set to announce their third quarter results on Thursday, including key players like Ultratech Cement, Adani Green, Dr Reddy’s, Mankind Pharma, and HPCL. Ultratech Cement might see a slight revenue increase but a dip in profitability, while Dr Reddy’s is expected to show double-digit growth in earnings and revenue.
ATM withdrawals make SBI richer, other PSBs poorer
State Bank of India earned Rs 331 crore from ATM cash withdrawals in 2023-24, while other state-owned banks collectively lost Rs 925 crore. SBI dominates