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Infrastructure - General News

  • To focus on EPC and defence going forward: Texmaco

    To focus on EPC and defence going forward: Texmaco   

    Texmaco Limited, the railway wagon and engineering company, will shift focus to Engineering, Procurement, and Construction (EPC) from sale of wagons, says Executive Director AK Vijay.

    15 Feb 2017, 2.19 pm  |  Source: CNBC-TV18

  • Adani Ports Q3 net profit jumps 26% to Rs 850 cr

    Adani Ports Q3 net profit jumps 26% to Rs 850 cr  

    Adani Ports and Special Economic Zone Ltd (APSEZ) today reported a 25.82 percent jump in its consolidated net profit to Rs 849.75 core for the quarter ended December 2016, on the back of increased income.

    14 Feb 2017, 5.52 pm  |  Source: PTI

  • Toll fee suspension during note ban hit Q3 show: MEP Infra

    Toll fee suspension during note ban hit Q3 show: MEP Infra   

    Speaking to CNBC-TV18, Jayant Mhaiskar, the company’s Vice Chairman and Managing Director, said the company had filed a claim worth Rs 42.5 crore with the National Highways Authority of India for loss of revenue.

    14 Feb 2017, 12.09 pm  |  Source: CNBC-TV18

  • Jaypee Infra Q3 net loss widens to Rs 41.39 cr

    Jaypee Infra Q3 net loss widens to Rs 41.39 cr  

    The company had clocked a net loss of Rs 25.33 crore for the corresponding quarter of 2015-16 fiscal, it said in a BSE filing.

    13 Feb 2017, 10.24 pm  |  Source: PTI

  • Lanco Infratech posts Rs 813-cr net loss in Oct-Dec qtr

    Lanco Infratech posts Rs 813-cr net loss in Oct-Dec qtr  

    Lanco Infratech today reported a consolidated net loss of Rs 813.66 crore in the quarter ended on December 31, 2016, mainly due to decline in income.

    13 Feb 2017, 9.22 pm  |  Source: PTI

  • GMR Infra Q3 standalone net loss at Rs 382 cr

    GMR Infra Q3 standalone net loss at Rs 382 cr  

    GMR Infrastructure today reported a standalone net loss of Rs 381.93 crore for the quarter ended December 2016.

    13 Feb 2017, 9.02 pm  |  Source: PTI

  • BEML Q3 net profit jumps 2-fold to Rs 21.74 cr

    BEML Q3 net profit jumps 2-fold to Rs 21.74 cr  

    Defence equipment manufacturer BEML today reported over two-fold growth in net profit at Rs 21.74 crore for the October-December quarter.

    13 Feb 2017, 7.32 pm  |  Source: PTI

  • NBCC Q3 net profit up 16% at Rs 64.42 cr

    NBCC Q3 net profit up 16% at Rs 64.42 cr  

    State-owned construction firm NBCC Ltd today reported 16 percent increase in its net profit at Rs 64.42 crore for the quarter ended December.

    13 Feb 2017, 6.04 pm  |  Source: PTI

  • BGR Energy Systems posts Rs 10.48 cr profit in Oct-Dec qtr

    BGR Energy Systems posts Rs 10.48 cr profit in Oct-Dec qtr  

    BGR Energy Systems today posted a standlone net profit of Rs 10.48 crore in the quarter ended on December 31, 2016.

    13 Feb 2017, 5.54 pm  |  Source: PTI

  • Punj Lloyd Q3 loss narrows to 232 cr on operational performance

    Punj Lloyd Q3 loss narrows to 232 cr on operational performance  

    Engineering business grew by 6.3 percent year-on-year to Rs 922.5 crore but traded goods segment registered a degrowth of 47.3 percent at Rs 69 crore in the quarter gone by.

    11 Feb 2017, 3.33 pm  |  Source: Moneycontrol.com

  • JP Associates net loss widens to Rs 1,095 cr

    JP Associates net loss widens to Rs 1,095 cr  

    Jaiprakash Associates today reported widening of standalone net loss to Rs 1,095.02 crore for the third quarter ended December of 2016-17.

    10 Feb 2017, 10.14 pm  |  Source: PTI

  • ABB India Q4 profit up 13% at Rs 147 cr, order inflow at 5628 cr

    ABB India Q4 profit up 13% at Rs 147 cr, order inflow at 5628 cr  

    "In line with the government’s make in India initiative, the company has been consistently investing to deepen footprint in the country, innovating and deploying global technology for domestic and international markets," ABB sai...

    09 Feb 2017, 3.07 pm  |  Source: Moneycontrol.com

  • See better Q4; GST may lead to inflationary pressure: Thermax

    See better Q4; GST may lead to inflationary pressure: Thermax   

    Thermax expects 3-4 segments to open up in Q4 and Q1 of FY18 supporting medium and large projects, which had gone dry in this financial year.

    09 Feb 2017, 11.35 am  |  Source: CNBC-TV18

  • Siemens net up 43% at Rs 160 cr in Dec quarter

    Siemens net up 43% at Rs 160 cr in Dec quarter  

    Siemens, leading engineering and technology solutions provider, today posted Rs 160 crore standalone net profit for the first quarter of CY17, up 43 percent compared to the year-ago period.

    08 Feb 2017, 7.38 pm  |  Source: PTI

  • Thermax reports flat Q3 net at Rs 54.77 cr; revenues dip 20%

    Thermax reports flat Q3 net at Rs 54.77 cr; revenues dip 20%  

    Energy and environment solutions provider Thermax today reported a flat net profit at Rs 54.77 crore in the third quarter ended December 31, mainly on the back of decline in revenues.

    08 Feb 2017, 5.44 pm  |  Source: PTI

  • BHEL posts Q3 profit at Rs 93 cr; orderbook below Rs 1 lakh cr

    BHEL posts Q3 profit at Rs 93 cr; orderbook below Rs 1 lakh cr   

    Outstanding orderbook slipped below the psychological figure of Rs 1 lakh crore, at Rs 98,400 crore as of December 2016 against Rs 1,09,201 crore as of December 2015.

    07 Feb 2017, 2.26 pm  |  Source: Moneycontrol.com

  • See a pickup in wagon demand in coming years: Titagarh Wagons

    See a pickup in wagon demand in coming years: Titagarh Wagons   

    The company currently has an order book of Rs 2,600-2,700 crore of which Indian wagon order stands at a couple of hundred crore.

    07 Feb 2017, 12.07 pm  |  Source: CNBC-TV18

  • L&T Q3 profit up 39%, cuts FY17 revenue growth guidance to 10%

    L&T Q3 profit up 39%, cuts FY17 revenue growth guidance to 10%   

    L&T garnered fresh orders worth Rs 34,885 crore during the quarter ended December 2016, amid subdued business environment, which was far better than analysts' expectations of Rs 25,000-30,000 crore.

    28 Jan 2017, 2.20 pm  |  Source: Moneycontrol.com

  • See traffic growth of 5-6% in next 3-6 months: IRB Infra

    See traffic growth of 5-6% in next 3-6 months: IRB Infra   

    Most of the company’s projects are in the western part of India which is seeing a good traffic movement. The traffic volume is likely to grow by 5-6 percent in the next 3-6 months.

    25 Jan 2017, 4.05 pm  |  Source: CNBC-TV18

  • IRB Infra Q3 profit up 10% to Rs 184cr, orderbook at Rs 10,000cr

    IRB Infra Q3 profit up 10% to Rs 184cr, orderbook at Rs 10,000cr  

    IRB Infra said it claimed compensation of Rs 151.7 crore due to stoppage of toll collection and toll revenue post demonetisation grew by 3 percent against pre-demonetisation.

    25 Jan 2017, 3.48 pm  |  Source: Moneycontrol.com

  • Hope to reduce debt by Rs 4k cr by March: IL&FS Transportation

    Hope to reduce debt by Rs 4k cr by March: IL&FS Transportation   

    IL&FS Transportation Network today reported net profit of Rs 55.7 crore versus a loss of Rs 19.4 crore for the December quarter. Total income has fallen to Rs 1,020 crore vs Rs 1,117 crore down 8.6 percent in the year ago period.

    13 Jan 2017, 7.59 pm  |  Source: CNBC-TV18

  • Railway, navy & private sector orders boosted revenues: Titagarh

    Railway, navy & private sector orders boosted revenues: Titagarh   

    Commenting on the good performance, JP Chowdhary, Executive Chairman, Titagarh Wagons told CNBC-TV18, that revenues improved on account of orders from railways and private sector companies. The company’s received orders worth Rs...

    15 Dec 2016, 11.45 am  |  Source: CNBC-TV18

  • Expect authorities to reimburse O&M expenses: MEP Infra

    Expect authorities to reimburse O&M expenses: MEP Infra   

    In an interview to CNBC-TV18, Jayant Mhaiskar, VC & MD of MEP Infrastructure spoke about the results and his outlook for the company.

    13 Dec 2016, 3.35 pm  |  Source: CNBC-TV18

  • Lanco posts Q2 net loss of Rs 258.31 cr

    Lanco posts Q2 net loss of Rs 258.31 cr  

    Lanco Infratech today reported a consolidated net loss of Rs 258.31 crore for the quarter ended September 30, 2016.

    09 Dec 2016, 9.34 pm  |  Source: PTI

  • GMR Infra Q2 net loss swells to Rs 700 crore

    GMR Infra Q2 net loss swells to Rs 700 crore  

    Its total income from operations rose to Rs 331.22 crore as against over Rs 292.6 crore a year ago, it said.

    08 Dec 2016, 11.56 am  |  Source: PTI

  • IL&FS Transportation Q2 profit slips 46%, revenue down 26%

    IL&FS Transportation Q2 profit slips 46%, revenue down 26%  

    Infrastructure company IL&FS Transportation Networks disappointed analysts with quarterly earnings. Profit in July-September quarter fell 46 percent year-on-year to Rs 57.1 crore, impacted by revenue as well as operational perform...

    02 Dec 2016, 3.36 pm  |  Source: Moneycontrol.com

  • Punj Lloyd Q2 net loss flat at Rs 226 cr

    Punj Lloyd Q2 net loss flat at Rs 226 cr  

    Punj Lloyd Ltd, the diversified engineering, procurement and construction conglomerate, today posted standalone flat net loss of Rs 225.8 crore for the quarter ended September 30, 2016.

    30 Nov 2016, 8.18 pm  |  Source: PTI

  • Confident of 14-15% revenue growth in FY17: Sadbhav Engg

    Confident of 14-15% revenue growth in FY17: Sadbhav Engg   

    Nitin Patel, ED, Sadbhav Engineering is confident of good growth in the third and fourth quarter and is confident of 14-15 percent revenue for the fiscal.

    29 Nov 2016, 9.24 am  |  Source: CNBC-TV18

  • Sadbhav Engineering Q2 net profit declines 33%

    Sadbhav Engineering Q2 net profit declines 33%  

    The company had posted a net profit of Rs 27.7 crore in the corresponding quarter last fiscal, Sadbhav Engineering said in a BSE filing.

    29 Nov 2016, 7.00 am  |  Source: PTI

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