Closing Bell: Sensex falls 558 points, Nifty 50 below 25,900 - Anil Singhvi cites reasons for market decline

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Bharat Forge Q3 Results: Net profit at Rs 273 crore, misses estimates; margin shrinks

HAL Q3 FY26 Results: Defence PSU announces 700% interim dividend after 30% jump in net profit - Check record date 

Aye Finance IPO Allotment: Here's how to check status on NSE, BSE, KFin Technologies step-by-step

Apple Releases iOS 26.3 for iPhone: 39 security issues fixed — should you update?

LG Electronics India share falls 8% after 61% profit decline; Motilal Oswal maintains buy call

Mutual Fund Top Picks: Where should you invest now? Anil Singhvi reveals fund of the month

Dredging Corp rises 12% as Govt looks to sell majority stake

An analysis of the latest-quarter results of listed firms shows that the government's ambitious exercise of withdrawing old Rs 500/1,000 notes led to adverse impact on businesses across the sectors, though not many have publicly criticised the move and the likes of Rajiv Bajaj are only an exception.

Note ban punches holes in Q3 results; Cos hopeful of 'gains'

Tom Albanese, Chief Executive Officer, Vedanta Limited, said: “Volume ramp-up and cost efficiency across our operations, aided by higher commodity prices, have significantly driven up EBITDA y-o-y. Our financial position remains robust and we continue to strengthen our balance sheet by maximising free cash flow and reducing debt."

Vedanta net leaps 353% in Q3 FY17 to Rs 1,866 crore

Karan Adani, Chief Executive Officer of APSEZ said, “Our strategy to diversify our cargo mix and focus on high value cargo continues to yield positive results. Like last quarter, the continued out-performance in cargo volumes is backed by Healthy growth in our newer ports namely Hazira, Dhamra and Kattupalli.”

Adani Ports' Q3 net up 26%; to issue NCDs worth Rs 1170 crore

Jaguary Land Rover business including its China unit recorded total retail sales of 149,288 units which was up by 8.5%.&nbsp;Tata Motors said, “This was led by strong demand for products, primarily reflecting higher volumes in China (incl. CJLR), North America and Europe led by strong sales of Discovery Sport, F-PACE and the new long wheel base XFL in China. “

Q3FY17: Tata Motors' net profit declines by 96% at Rs 112 crore

Canara Bank to divest 13% stake in Can Fin Homes by March-end

Vivek Chaand Sehgal, MSSL’s Chairman said,“The company has shown exemplary growth in all areas and has achieved highest ever revenues and margins in a quarter. This is the reflection of hard work put in by all our teams from around the&nbsp;world."

Motherson Sumi's Q3 net profit rises by 34% at Rs 416 crore

Net interest income for the quarter stood at Rs 1183.31 crore, declining by 16.44% year-on-year (YoY) and 12.31% quarter-on-quarter (QoQ).&nbsp;

Allahabad Bank reports net profit of Rs 75 crore in Q3

The company reported consolidated net profit Rs 2884.46 crore compared to net profit of Rs 3617.17 crore in the similar period of previous year.

Q3FY17: Coal India's net profit down 20% at Rs 2,884 crore

Future Consumer stated that its consolidated net loss has narrowed to Rs 14 crore in third quarter ended December 31, 2016, result, against net loss of Rs 20.31 crore in the corresponding period of the previous year.&nbsp;

Future Consumer's Q3 saw net loss narrowing at Rs 14 crore

In Q3, sales volumes went sequentially down by 1.56%. MGL said, “This was mainly on account of impact of demonetization mainly in case of CNG.” While net sales was below 3.32% yoy to Rs 500.84 crore due to pass through of reduction in input gas cost.

Mahanagar Gas reports 30% rise in Q3

On net loss, RCom said, "The company&nbsp;witnessed unprecedented competitive intensity.&nbsp;This was the first full quarter after Company’s complete shutdown of its profitable&nbsp;CDMA operations. Also, there was an increase in amortisation and interest expense aggregating Rs. 278&nbsp;crore on account of capitalisation of 850 MHz spectrum liberalisation fee."

RCom reports net loss of Rs 531 crore in Q3

Idea Cellular said, “The Indian mobile industry witnessed an unprecedented disruption in the quarter to October to December 2016, primarily due to free voice and mobile data promotions by the new entrant in the sector

Disruption from RJio, Idea Cellular reports net loss of Rs 386 crore in Q3

The company reported net profit of Rs 52.95 crore, a drop of 32.91% from Rs 78.93 crore in the corresponding period of the previous year.&nbsp;

GlaxoSmithKline Pharma's Q3 net profit down 33% 

Anil Sardana, CEO &amp; Managing Director, Tata Power said, “During the third quarter of FY16-17, Tata Power has improved profitability and has maintained strong operational performance across all business verticals. With a gross installed generation capacity of 10,496 mega watts, we continue to be India's largest integrated power player as also largest green generator.”

Tata Power's Q3 net profit rises by 38%; appoints N. Chandrasekaran as Additional Director

NTPC reported net profit of Rs 2468.72 crore, a drop of 7.49% compared to Rs 2668.77 crore in the corresponding period of the previous year.&nbsp;

NTPC's Q3 net profit drops by 7%, at Rs 2469 crore

The company is expected to post a decline in its pure profits margins, analysts say.&nbsp;Nishit Jalan and Hitesh Goel analysts at Kotak Institutional Equities said, “We expect two-wheeler companies to have a tough quarter with EBITDA for Hero MotoCorp declining by 21% on year-on-year basis.”

Hero MotoCorp Q3 results: Here's what to expect

Shyam S. Bhartia, Chairman and Mr. Hari S. Bhartia, Co- Chairman, Jubilant FoodWorks Limited said, “Q3 has been a challenging quarter for the consumer sector on account of currency demonetisation. However, we were able to minimise the impact by offering multiple non cash payment options to customers and launch of new products which got excellent customer response.”

 Cash Crunch impact: Jubilant Foodworks' Q3 net profit down 32%

During the quarter, the bank has allotted 1,71,44,954 equity shares at a face value of Rs 10 each and also at a premium of Rs 81.45 per share on preferential basis to LIC Of India.&nbsp;

Central Bank of India reports net loss of Rs 606 crore in Q3

GV Prasad, Co-chairman of Dr Reddy's Laboratories said, "Our performance in Q3 has delivered a modest sequential revenue growth of 3% over the previous quarter. Our EBITDA has improved significantly from the last quarter to Rs 8.8 billion, on the back of enhanced emphasis on operational efficiencies and controlling of SG&amp;A cost across all our business."

Q3FY17: Dr Reddy's Laboratories' net profit down 19% at Rs 470 crore

q3fy17

An analysis of the latest-quarter results of listed firms shows that the government's ambitious exercise of withdrawing old Rs 500/1,000 notes led to adverse impact on businesses across the sectors, though not many have publicly criticised the move and the likes of Rajiv Bajaj are only an exception.

Tom Albanese, Chief Executive Officer, Vedanta Limited, said: “Volume ramp-up and cost efficiency across our operations, aided by higher commodity prices, have significantly driven up EBITDA y-o-y. Our financial position remains robust and we continue to strengthen our balance sheet by maximising free cash flow and reducing debt."

Karan Adani, Chief Executive Officer of APSEZ said, “Our strategy to diversify our cargo mix and focus on high value cargo continues to yield positive results. Like last quarter, the continued out-performance in cargo volumes is backed by Healthy growth in our newer ports namely Hazira, Dhamra and Kattupalli.”

Jaguary Land Rover business including its China unit recorded total retail sales of 149,288 units which was up by 8.5%. Tata Motors said, “This was led by strong demand for products, primarily reflecting higher volumes in China (incl. CJLR), North America and Europe led by strong sales of Discovery Sport, F-PACE and the new long wheel base XFL in China. “

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Q3FY17 News- Zee Business provides latest news on Q3FY17, Q3FY17 news Today, Top News on Q3FY17, update on Q3FY17 Stay updated with business news, breaking news headlines.

Q3FY17

Dredging Corp rises 12% as Govt looks to sell majority stake

Note ban punches holes in Q3 results; Cos hopeful of 'gains'

Vedanta net leaps 353% in Q3 FY17 to Rs 1,866 crore

Adani Ports' Q3 net up 26%; to issue NCDs worth Rs 1170 crore

Q3FY17: Tata Motors' net profit declines by 96% at Rs 112 crore

Canara Bank to divest 13% stake in Can Fin Homes by March-end

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Top News

Closing Bell: Sensex falls 558 points, Nifty 50 below 25,900 - Anil Singhvi cites reasons for market decline

Bharat Bandh on February 12: Farmers, unions march nationwide; roads blocked, transport hit in several states

PMO leaves South Block after 78 years as PM Modi shifts office to 'Sewa Teerth'

TCS market cap slips below Rs 10 lakh crore for first time since Dec 2020; ICICI Bank overtakes

Bharat Forge Q3 Results: Net profit at Rs 273 crore, misses estimates; margin shrinks

HAL Q3 FY26 Results: Defence PSU announces 700% interim dividend after 30% jump in net profit - Check record date