Tech Mahindra Ltd, India's fifth-largest software service provider, posted a lower-than-expected fourth-quarter consolidated profit on Friday, hurt by higher taxes. Consolidated net profit for the quarter ended March 31, fell to Rs 590 crore, from Rs 876 crore a year earlier, the company said..........
See full articleIndian Oil Corporation (IOCL) on Thursday said that the company's net profit rose 85 per cent in the fourth quarter of the financial year (FY) 2016-17, in line with analysts' expectations, as revenue from operations grew...........
See full articleBiscuit maker Britannia Industries on Thursday reported a six per cent rise in consolidated profit in the fourth-quarter of the financial year (FY) 2016-17. Consolidated profit came in at Rs 211 crore ($32.65 million), compared with Rs 199 crore a year earlier, the company said in a statement..............
See full articleDrugmaker Lupin Ltd reported its quarterly net profit nearly halved from a year ago, falling far short of analysts' expectations, as sales at its top market the United States slumped while the company's costs jumped.............
See full articleTata Motors rallied 5% to Rs 473 on BSE in early morning trade after its UK-based subsidiary, Jaguar Land Rover (JLR), posted better-than-expected performance in the March quarter (Q4)............
See full articleSuzlon Energy hit a 52-week high of Rs 22.25, up 8% on BSE in intra-day trade, after the company reported profit for the third quarter in a row. The company posted profit of Rs 427 crore in the quarter ended March 2017 (Q4FY17) as against net loss of Rs 141 crore during the same quarter of last fiscal year............
See full articleIndia has emerged as the second largest stainless steel producer in the world after China. India overtook Japan as the second-biggest producer in 2016, according to data released by the International Stainless Steel Forum (ISSF) at their annual conference held recently between May 14-19, 2017 at Tokyo, Japan............
See full articleGrasim IndustriesBSE -0.67 % on Friday reported a flat growth of 0.79 per cent in consolidated net profit at Rs 1,063.62 crore for the quarter ended March 31, 2017. It had posted a net profit of Rs 1,055.26 crore in the corresponding quarter last year................
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