Q4 results: Cadila Healthcare posted a net loss of Rs. 392 crore; Bajaj Electricals revenue slips by 27%

On Friday, the indices ended on a positive note with Nifty managed to end above 10,000 level. At close, Sensex was trading on the green mark at 34,731.7, up by 2 percent. Moreover, Bajaj Twins ended higher and gained the title of top gainers in the Nifty list.

The quarter four results of several companies were released during the session. Take a look at the results posted by some of the firms as of June 19, 2020:

1. Bajaj Electricals:
The company reported its net loss for the fourth quarter ended in March to stand at Rs 1.1 crore. This is in comparison to the net profit of Rs 24.7 crore in the same quarter last year. The revenue for the quarter under review was posted to be down by 26.7 percent at Rs 1,300.7 crore compared to Rs 1,775.2 crore.

2. Cadila Healthcare:
The Pharmaceutical company stated a 14.82 percent decline in its consolidated net profit at Rs 391.9 crore for the fourth quarter in FY20. This was owing to the one-time loss faced at Rs 52.5 crore. Earlier, the company reported its net profit for the same quarter last year to stand at Rs. 460.1 crore.
Further, the firm’s consolidated revenue for the quarter was posted at Rs 3,752.1 crore. Last year, the revenue was reported at Rs. 3,732.8 crore, marginally lower than current fiscal.

3. The Ramco Cements:
The Chennai based company posted a 11.6 percent drop in its net profit at Rs. 146.2 crore for the fourth quarter in the current fiscal year. Earlier, the net profit in the quarter in the corresponding year was stated at Rs 165.4 crore. The revenue faced a 9.3 percent decline to stand at Rs 1,390 crore compared to Rs 1,532.4 crore, previous year.

4. Unichem Laboratories:
The Pharmaceutical company reported its net loss for the quarter four ended in March to stand at Rs. 17.2 crore. Moreover, the company reported a profit of Rs 38 crore in the last fiscal, same quarter. As for the revenue, for the quarter under review the company met with 14.6 percent drop at Rs 320.2 crore compared to Rs 374.9 crore last fiscal.

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