Jan Mar Quarter

Jan Mar Quarter News

Unitech's Q4 net loss widens to nearly Rs 1,000 cr despite two-fold jump in total income
Business

Unitech's Q4 net loss widens to nearly Rs 1,000 cr despite two-fold jump in total income

Debt-ridden Unitech is facing huge protest as well as litigations from home buyers because of significant delays in completion of their housing projects across the country

SBI posts Q4 net loss of Rs 7,718 cr on higher bad loans provisions; gross NPAs up at 10.91%
Business

SBI posts Q4 net loss of Rs 7,718 cr on higher bad loans provisions; gross NPAs up at 10.91%

The country's largest lender SBI on Tuesday posted a standalone net loss of Rs 7,718.17 crore for the March quarter due to higher non-performing assets (NPAs)

Ashok Leyland Q4 net profit rises 40% at Rs 667 cr boosted by export revenue; shares down 3.89%
Business

Ashok Leyland Q4 net profit rises 40% at Rs 667 cr boosted by export revenue; shares down 3.89%

Hinduja Group flagship company Ashok Leyland on Friday posted 40.15 percent increase in its profit at Rs 667.38 crore for the fourth quarter ended 31 March, 2018.

Bajaj Auto fourth-quarter net profit jumps 35 percent to Rs 1,080 cr, beats estimates
Business

Bajaj Auto fourth-quarter net profit jumps 35 percent to Rs 1,080 cr, beats estimates

Bajaj Auto posted a growth of nearly 30 percent in total revenue from operations at Rs 6,773 crore

PNB shares tank over 6% on disappointing Q4 show; posts largest ever quarterly loss of Rs 13,416.91 cr
Business

PNB shares tank over 6% on disappointing Q4 show; posts largest ever quarterly loss of Rs 13,416.91 cr

Shares of Punjab National Bank (PNB) on Tuesday fell by 6 percent after the company posted largest ever quarterly loss of Rs 13,416.91 crore for the January-March period.

Lupin posts Q4 net loss of Rs 783 cr as company hit by one time impairment on Gavis acquisition
Business

Lupin posts Q4 net loss of Rs 783 cr as company hit by one time impairment on Gavis acquisition

Drug major Lupin on Tuesday reported a consolidated net loss of Rs 783.54 crore for the quarter ended March 31, 2018, hit by one time impairment on the Gavis acquisition and other liabilities related to the US operations

HUL Q4 standalone net profit rises 14% to Rs 1,351 cr on the back of volume growth
Business

HUL Q4 standalone net profit rises 14% to Rs 1,351 cr on the back of volume growth

Shares of HUL on Monday settled at Rs 1,504.95 apiece on BSE, down 0.09 percent from previous close

India to clock GDP growth of 7.7% in January-March quarter, says Nomura report
Business

India to clock GDP growth of 7.7% in January-March quarter, says Nomura report

Despite moderation in factory output growth in March, India's GDP is expected to grow by 7.7 percent in January-March, up from 7.2 percent in the preceding quarter, says a Nomura report.

Nestle India Jan-Mar quarter net profit rises 36% at Rs 424.03 crore; revenue up 6%
Business

Nestle India Jan-Mar quarter net profit rises 36% at Rs 424.03 crore; revenue up 6%

FMCG major Nestle India on Thursday reported a 35.98 percent jump in profit at Rs 424.03 crore for the first quarter ended 31 March, 2018

ICICI Bank fourth-quarter net profit dives 50% to Rs 1,020 cr, bad loan provisions surge
Business

ICICI Bank fourth-quarter net profit dives 50% to Rs 1,020 cr, bad loan provisions surge

ICICI Bank's net profit for the three months to 31 March fell to Rs 1,020 crore ($151.94 million) from Rs 2,025 crore a year earlier

Maruti Suzuki India's Q4 net profit up 10% at Rs 1882.1 cr, misses estimates; net sales rise by 14.4%
Business

Maruti Suzuki India's Q4 net profit up 10% at Rs 1882.1 cr, misses estimates; net sales rise by 14.4%

For entire 2017-18, Maruti Suzuki posted net profit of Rs 7,721.8 crore, up 5.1 percent, from Rs 7,350.2 crore in the previous fiscal

Wipro Q4 net falls over 20% on-year to Rs 1,800 cr; total income down 4.9%
Business

Wipro Q4 net falls over 20% on-year to Rs 1,800 cr; total income down 4.9%

For the entire financial year ended 31 March, Wipro's profit fell 6 percent to Rs 8,003.1 crore, while total income dipped 1.7 percent to Rs 57,035.8 crore over 2016-17.

Bharti Airtel Q4 net profit tumbles 78% to Rs 83 crore, total revenue falls 10.5% to Rs 19,634 crore
Business

Bharti Airtel Q4 net profit tumbles 78% to Rs 83 crore, total revenue falls 10.5% to Rs 19,634 crore

For the full financial year that ended in March 2018, Bharti Airtel's net profit came in at Rs 1,099 crore, over 71 percent lower than Rs 3,800 crore logged in FY2016-17

TCS vs Infosys: How the technology giants' fourth quarter earnings stack up in ten charts
Business

TCS vs Infosys: How the technology giants' fourth quarter earnings stack up in ten charts

Looking at the financials, TCS has clearly emerged as the winner. Infosys boss Salil Parekh has to do a lot more to ensure his firm remains in competition.

Jan-Mar GDP at 6.1%: Several factors responsible for decline in growth, says FM Arun Jaitley
Business

Jan-Mar GDP at 6.1%: Several factors responsible for decline in growth, says FM Arun Jaitley

According to GDP data released yesterday, growth rate slipped to 6.1 percent in the January-March quarter and 7.1 percent, the lowest in the three years, during 2016-17.

IDBI Bank Q4 net loss jumps 2-fold at Rs 3,200 cr, gross NPAs at 21.25%
Business

IDBI Bank Q4 net loss jumps 2-fold at Rs 3,200 cr, gross NPAs at 21.25%

IDBI Bank's annual loss for 2016-17 too widened to Rs 5,158 crore as against Rs 3,665 crore in the previous fiscal