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Q1 Results News
How pre-GST sales dented FMCG cos’ profit in Q1 FY18
Mon, Aug 07, 2017
These companies were impacted by the rollout of GST on July 1 and the destocking by pre-GST sales before the conclusion of the first quarter of FY18.
Automobile companies feel the impact of GST in Q1 results
Fri, Aug 04, 2017
Several automobile companies reported an impact due to the rollout of GST and a one-time charge incurred as they had compensate dealerships for unsold inventory.
Tata Communication net profit down 22% in Q1
Tue, Jul 25, 2017
Tata Communications on Monday reported a 22.27 % fall in its consolidated net profit at Rs 32.94 crore in the quarter ended June 30, as compared to Rs 42.38 crore in the year-ago period.
Wipro announces up to $1.7 billion share buyback as second-quarter forecast disappoints
Fri, Jul 21, 2017
Wipro Ltd, India`s third-largest software services exporter, announced an up to 110 billion rupee ($1.71 billion) share buyback on Thursday, overshadowing a tepid revenue forecast that fell short of market expectations.
Increase in price of 11 routes may boost profits of SpiceJet, IndiGo in Q1
Mon, Jun 26, 2017
IndiGo and SpiceJet have been estimated to have increased fares on 11 routes which will prove profitable for the airlines in the first quarter which will come to a close in another 4 days.
Adani Port soars 8% as company reports good Q1 profit
Wed, Aug 10, 2016
Karan Adani, Chief Executive Officer of APSEZ said, “Our results are reflection of our ability to deliver robust performance every time. A healthy growth in cargo volumes, operational efficiencies and our strategy to increase bulk cargo volumes, other than coal volumes have enabled us to report all round growth in our financial numbers. ”
ITC's cigarette revenues continue to decline
Fri, Jul 22, 2016
India's FMCG giant ITC on Thursday reported an over 10% rise in its standalone net profit at Rs 2,384.67 crore in the quarter ended June 30. The company had posted a net profit of Rs 2,166 crore in the corresponding quarter of FY2015-16.
WATCH: Top 5 stories of this evening; From Infosys' stock down 10% on weak Q1 results to Maharashtra Govt's refusal to Bullet train
Fri, Jul 15, 2016
Zee Business brings you the most important stories of the day that will help you shape your market strategies and keep you informed with the latest developments. Top five stories of this evening: 1. FM meets Congress: No consensus on GST