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Adani Enterprises consolidated net profit remains flat at Rs 364 crore
Wed, Aug 10, 2016
Gautam Adani, Chairman of Adani Group said, "Adani Enterprises continue to focus on the sectors of national interest through presence in critical and often under penetrated spaces."
Mahindra & Mahindra reports 12% rise in net profit; shares down
Wed, Aug 10, 2016
M&M said on exchange that, "led by the positive outlook on consumer demand as well as renewed reform efforts by the government in recent months, business confidence is now ticking up and could lead to recovery in private capital expenditures towards the last quarter of this fiscal."
Lupin shares fall despite 55% rise in Q1 net profit
Tue, Aug 09, 2016
Commenting on the results, Nilesh Gupta, Managing Director, Lupin Limited, said “This was a record quarter, driven by robust growth across all our key markets – the United States, India and Japan. We remain committed to maintaining our growth trajectory given new product launches and approvals driven by strategic investments in technology and research.”
Hero MotoCorp's Q1 net profit soars 18%
Mon, Aug 08, 2016
For the June quarter, the company sold two-wheelers of around 17,45,389 units, a rise of 6.04% compared to 16,45,867 units sold in corresponding period of the previous years. It also rose by 1.40% against 17,21,240 units sold in preceding quarter.
SPARC's net loss widens to Rs 36 crore
Fri, Jul 29, 2016
SPARC reported widening of standalone net loss to Rs 36.41 crore for the first quarter ended June 30. The company had posted a net loss of Rs 1.65 crore for the corresponding period of the previous fiscal.
GlaxoSmithKline Pharma's Q1FY17 declines 22% to Rs 38 crore
Thu, Jul 28, 2016
It’s operating profit (EBITDA – earnings before interest tax depreciation and tax) stood at Rs 90.35, recording drop of 18.69% yoy and 29.91% qoq. While the company’s OPM (operating profit margin) was at 12.80%, contracting by 424 bps yoy and 544 bps qoq.
Stressed Asset Dilemma: PNB's Q1FY17 net profit declines by 57%
Thu, Jul 28, 2016
The net interest income (NII) was around Rs 3699 crore, recorded drop of 9.83% yoy but rose 33.64% qoq (quarter-on-quarter). While total income for the bank stood at Rs 13,930 crore, increasing by 3.70% yoy and 4.92% qoq.
Dr. Reddy’s net profit declines by 76% to Rs 153 crore
Tue, Jul 26, 2016
The pharma company reported consolidated net profit of Rs 153.5 crore in Q1FY17, registering a massive 76.28% yoy(year-on-year) decline. However, the current profit grew by 25.20% compared to preceding quarter.
Indiabulls Housing Finance's net profit rises by 23% to Rs 630 crore
Mon, Jul 25, 2016
The company reported net profit of Rs 630.05 crore for the quarter ended June, 2016 (Q1FY17), registering growth of 23.23% yoy (year-on-year). However, the current net profit declined by 6.72% compared to preceding quarter.
HDFC Bank's net profit rises by 20% yoy to Rs. 3,239 crore
Thu, Jul 21, 2016
The bank’s NII (net interest income) was at Rs. 7,781.44, witnessing rise of 21.79% yoy and 4.40% qoq(quarter-on-quarter).While its total income stood at RS. 19,322.63 crore, up by 17.08% yoy and 2.43% qoq.
Ultratech Cement's Q1 net profit up 29% to Rs. 780 crore
Tue, Jul 19, 2016
This quarter for the company witnessed improvement in operating cost on the back of operational efficiencies and a judicious power and fuel mix.
Hindustan Unilever Q1FY17 net profit grows by 10% to Rs. 1,173 crore
Mon, Jul 18, 2016
HUL failed to meet the expectation by recording 4% growth compared to Zee Business estimates of 5-6%.
IndusInd Bank's Q1FY17 net profit rises by 26% to Rs. 661 crore
Mon, Jul 11, 2016
The bank reported net profit of Rs. 661.38 crore, witnessing growth of 26% yoy (year-on-year) and 6.61% qoq (quarter-on-quarter) led by strong performance from retail banking.