Q4
Recent Highlights
All Stories for Q4
GDP in FY17 at 7.1%: Barring note ban, govt has steered economy well but challenges remain
Seetha •What should seriously worry the government’s economic managers is the fact that gross fixed capital formation (an indicator of the investment rate) has dropped to 27.1 percent of GDP
Cipla shares tank 5% post March quarter net loss of Rs 62 crore
•Cipla yesterday reported narrowing of its consolidated net loss to Rs 61.79 crore for the fourth quarter ended 31 March
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
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
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.
Tesla's production grew 64 percent from 2015 but misses delivery target in Q4
Fp Archives •Electric carmaker Tesla said Tuesday production last year surged 64 percent compared to 2015, but the company missed its delivery target for the final three months of 2016.
Zynga shares fall after lower than expected holiday quarter forecast
Fp Archives •Zynga forecast lower-than-expected bookings for the holidays, as the company's much-awaited game "Dawn of Titans" is slated to launch late into the quarter.
India's current account deficit narrows sharply to $0.3 bn on lower trade deficit
•India's current account deficit (CAD) narrowed sharply to USD 0.3 billion, or 0.1 per cent of GDP, in the fourth quarter of 2015-16 from USD 7.1 billion, or 1.3 per cent, in third quarter, on account of lower trade gap.
ITC's spectacular Q4 cigarette, non-cigarette growth triggers 7.5% surge in stock
Fp Staff •In early trade, the ITC counter notched up gains of 7.5 percent to touch a high of Rs 354.75 before losing some ground thereafter