In the second quarter of current financial year, the company raked in a total income of Rs 2,024.63 crore compared to Rs 2,076.53 crore in the same period a year ago.
Steel products manufacturer JSW Steel's consolidated net profit fell significantly to Rs 50 crore in the quarter ended June 2012 from Rs 485 crore in a year ago period.
The best buys for the day, market analyst SP Tulsian of sptulsian.com, points out on CNBC-TV18, are Petronet and IGL irrespective of the Delhi High Court‘s decision to be issued on May 3.
Partho Mukherjee, president-treasury & international banking, Axis Bank tells CNBC-TV18 that the Indian currency can recover to stronger levels than the Rs 52 per dollar, going ahead.
While United Sprits is a matter of concern for SP Tulsian of sptulsian.com, he maintains a positive stance on United Breweries and neutral call on Kingfisher Airlines. Moreover, he doesn’t see further damage for Shree Renuka from the sugar space. He takes a neutral call on the stock.
JSW Energy reported a loss of Rs109 crore in the July-Sept quarter compared to a net profit of Rs 84 crore which the company has posted in the year-ago period, but the company hopes to return to profits in the current quarter as it expects coal prices to fall and tariffs to rise.
JSW Energy has reported a net loss of Rs 109 crore for the July-September quarter versus Rs 185 crore net profit posted in the same quarter last financial year.
Glenn Saldanha, managing director and chief executive officer of Glenmark joins CNBC-TV18 to talk about the company's Q2 performance and highlight the way forward.
CNBC-TV18 talks to Hardeep Singh Bedi, chairman and managing director of Tulip Telecom to figure how the company has performed in the second quarter.
CNBC-TV18 catches up with Vineet Nayyar, chairman of Mahindra Satyam to get his perspective on the business prospects of his company and the sector in the current quarter and the way forward.