Rao says Bharat Financial will disburse an additional Rs 8,200 crore in the second half of current fiscal.
"Q1 had gone very well, we are looking at 30-32 percent profit after tax (PAT) growth on year-on-year (Y-o-Y) basis in FY17", Sunil Agarwal, MD, SE Investments told CNBC-TV18.
National airports operator AAI has enhanced its net profit to Rs 2,537.36 crore in the last fiscal as against a profit-after tax of Rs 1,959.22 crore in FY15, Parliament was informed today.
India Tourism Development Corporation (ITDC) reported an 18 percent decline in standalone net profit at Rs 18.07 crore for the March quarter
Non-banking finance company Capital First on May 13 reported a profit after tax of Rs 47.50 crore in the March quarter, registering an increase of 30 percent over the corresponding period last year
DHFL Pramerica Life Insurance (DPLI) on May 11 reported a 27 percent decline in profit after tax at Rs 50.8 crore during 2015-16.
Engineering firm Greaves Cotton today reported a 58.33 percent increase in net profit for the quarter ended March 31 at Rs 38 crore against Rs 24 crore in the corresponding period last year.
"The profit was driven by pick up in volumes, stable gross NPA numbers and lower cost of funds," Cholamandalam Investment Executive Vice-President and Chief Financial Officer D Arul Selvan told PTI.
Everest Industries today reported a 17 percent increase in its net profit at Rs 11.9 crore for the March quarter.
Nabard is planning to start the fund with an initial amount of Rs 12,000 crore.
"During financial year 2015-16, the production of manganese ore was 7.45 lakh tonnes up to the month of December," Steel Ministry said today.
Sandeep Jain, Executive Director, Monte Carlo Fashion is confident of achieving the FY16 growth target of 10-15 percent.
The bank will focus on the retail segment and expects 11-12 percent loan growth in FY16, Mahesh Kumar Jain, MD & CEO of Indian Bank said.
Abhishek Somany, Joint MD of Somany Ceramics said that truck strike and an exceptional loss from last year impacted second quarter earnings.
Speaking to CNBC-TV18, Chintam said the company is looking at acquisitions to aid its growth. The acquisitions will be funded either via Qualified Institutional Placement (QIP) or by raising equity.
In an interview with CNBC-TY18, , Shujaul Rehman, President & COO of Garware-Wall Ropes discusses June quarter performance and future outlook.
The profit after tax of the firm stood at Rs 20.85 crore during the April-June quarter in 2014. The company's AUM stood at Rs 12,643 crore with its retail loan portfolio contributing to 85.2 percent of its overall AUM, as on June 30, this year.
In an interview with CNBC-TV18, management of Archies and Intrasoft Technologies discuss individual business strategies for the current financial year.
Take Solutions, whose revenue went up by 15 percent on Q-o-Q basis, focused on high margin businesses and expanded into functional services for better results.
Growth of about 25 -26 percent is accounted for in FY16 because of the different product categories like basic bedding and rugs that will come into foray along with Hygro, an exclusive brand for Welspun in the United States, which is also being considered as an element of revenue booster.
Shashi Kiran Shetty, executive chairman, Allcargo Logistics shares his views on the company‘s performance and his outlook for the upcoming quarters.
In an interview to CNBC-TV18, Romesh Sobti, MD and CEO of IndusInd Bank said there has been marginal improvement in CV disbursements.
Ankita Somani, IT Analyst, Angel Broking does not think TCS has surprised in the positive. Margins as well as dollar revenues came in below expectation.
The company‘s cumulative operating revenues (for the first 9 months) have grown 15 percent to Rs 1607.72 as against the corresponding period last year.
With regards to IOC stake, AK Banerjee, Director-Finance, ONGC said the company has not yet been officially conveyed to buy the stake yet.