Jan Mar 2017 Quarter
Recent Highlights
All Stories for Jan Mar 2017 Quarter
SBI Q4 result is a silver lining for state-run banks, but it doesn’t mean all is well
Dinesh Unnikrishnan123 •An excellent case study for the Modi-government to find out what is wrong with the sarakri banks that private lenders have cracked
Maruti Suzuki Q4 net profit up 16% to Rs 1,709 cr
•"Growth in volumes, increase in share of the company's higher segment models, benefits due to full capacity utilisation and cost reduction efforts contributed to increase in profits," MSI said.
HDFC Bank Q4 net up 18% to Rs 3,990 cr; NPA provisioning rises
•Gross non-performing assets (NPA) of the bank as a percentage of total advances rose to 1.05 percent during the March quarter, from 0.94 percent in the same quarter of 2015 -16 fiscal.
Infosys down 4%; market cap plunges by Rs 8,589 cr post Q4 numbers
•The stock was the worst performer among the 30-Sensex companies.
Infosys misses revenue target, but aims to hit $20 bn topline by 2020; earnings in 10 charts
Fp Staff •Attrition has been a sore point for the software giant. However, the company seems to have managed to rein in the employee churn. At 17.1 percent, the rate is lowest in at least 12 quarters.