Reliance Infra Q1 net dips 24% at Rs 334 cr
Uploading Date : 03-08-2017Anil Ambani-promoted Reliance Infrastructure reported a 24 per cent dip in its consolidated profit for the June 2017 ended quarter on account of higher expenses. The company also plans to launch its pending InvIT issue in the current quarter...................
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Hero MotoCorp up 3% on strong July sales
Uploading Date : 02-08-2017Hero MotoCorp was trading 3% higher at Rs 3,838 on BSE after the company reported a healthy 17% growth in total two-wheeler sales of 623,269 units in July. The world’s largest two-wheeler manufacture had sold 532,113 units in the corresponding month of the previous fiscal (July 2016)............
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JSW Steel quarterly profit falls 44%, but beats estimates
Uploading Date : 02-08-2017India's biggest steel producer, JSW Steel Ltd, said on Tuesday net profit fell 44% in the quarter ended June but outperformed analysts' estimates. Net profit for the Mumbai-based steelmaker's first quarter dropped to Rs 6.26 billion ($97.70 million), from 11.20 billion a year earlier...............
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Reliance Power Q1 net dips 32% owing to higher expenses
Uploading Date : 01-08-2017Anil Ambani-promoted Reliance Power reported a 32% year-on-year dip in its net profit for the June 2017 ended quarter owing to higher expenses. For the April-June 2017 period, the company reported a profit of Rs 230.85 crore, 32% lower than Rs 340.49 crore. In the same period, total income remained flat at Rs 2,753.32 crore, against Rs 2748.37 crore............
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Tech Mahindra gains 7% post Q1 results
Uploading Date : 01-08-2017Tech Mahindra has rallied 7% to Rs 414 on BSE in early morning trade after the company reported a better-than-expected 6.5% growth in its consolidated net profit of Rs 799 crore in June quarter (Q1FY18). Revenues grew 6% to Rs 7,337 crore, beating Street estimates.............
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