Aditya Birla Fashion and Retail Ltd: The company's standalone March quarter revenues declined a modest 2% year-on-year (y-o-y) to ₹1,783 crore. The company saw strong y-o-y recovery in the months of January and February. Towards the end of the March quarter though localised shutdowns due to the second wave of the coronavirus pandemic led to lower consumer footfalls, pausing the growth momentum. Divi's Laboratories: The company announced 29.3% y-o-y rise in its consolidated net profit to ₹502.02 crore for the quarter ended March. SpiceJet: With revenues taking a hit due to falling air traffic amid the second wave of covid-19 infections, no-frills airline SpiceJet Ltd has reverted to a salary structure based on the hours worked.

Source: Mint June 01, 2021 02:37 UTC