Results Today: ONGC, Cipla, Tata Motors, HDIL in focus

Here are stocks that are in news today:

Results Today: ONGC, BPCL, Cipla, BEML, NMDC, Tata Motors, Canara Bank, HDIL, Lanco Infratech, Mcnally Bharat, MCX, Mphasis, Shree Renuka Sugars, Torrent Power, Aditya Birla Nuvo, Allcargo, Alok Industries, Balmer Lawrie, Bilpower, Essel Propack, Eveready Industries, Excel Crop, Godfrey Phillips, BGR Energy, Gujarat Apollo, Hathway Cables, Inox Leisure, J Kumar Infra, JK Lakshmi Cements, Madhucon Projects, Max India, Monnet Ispat, NFL, NRB Bearing, Petron Engineering, Pricol, Provogue, Shasun Pharma, SMS Pharma, Steel Strips, Sujana Towers, Sundaram Brake, Trent, A2Z, Ansal Housing, Asahi Industries, Brooks Lab, Crest Animation, EIH Associated, Emami Infra, Empire Industries, GTN Industries, Hercules Hoist, Hindustan Housing, Hitech Gears, Indian Hume, Indosolar, Jindal Polyfilms, Kohinoor Foods, KRBL, KSL Industries, Liberty Shoes, Sayaji Hotels, Ugar Sugar, Viceroy Hotels, Visa Steel, VKS Projects, Zee Learn, Zylog Systems

Prime Minister Manmohan Singh rules out GST rollout under UPA-II
-Goods & sales tax (GST) rollout only after next govt comes to power
-Difficulties in getting states to surrender power to tax
-A constitutional amendment required for GST to happen

Head of the GST Panel, Sushil Modi on GST:
-Most of the issues regarding GST are state-centric
-GST not being rolled out is not a UPA versus NDA issue
-Many congress ruled states also raising issues on GST
-Whatever the PM said in Japan on GST is true
-If next govt does not have majority, GST will not happen
-Centre has to first resolve state-centric issues
-'Not disappointed with PM's statement in Japan'
-Will be difficult to do biz if GST not implemented
-No govt can go for such a reform in last year of its tenure
-State govts will be busy with elections this year       

Coal Secretary says
-May start auction of blocks for non-power sector by June-end
-Award of blocks under govt dispensation to start shortly

AstraZeneca offer for sale (OFS):
-Subscribed 4.86 times at close; gets bids for 1.84 crore shares
-Indicative price at Rs 567.22/share versus floor price of Rs 490/share

Other stocks and sectors that are in news today:
-I-T Dept issues notice to ICICI Bank, HDFC Bank and Axis Bank on money laundering allegations by Cobrapost
-Sun Pharma okays 1-for-1 bonus share issue
-Sun TV sets floor price for OFS at Rs 403/share, OFS will open today
-Adani Enterprises promoters to sell 1.60 crore shares via OFS tomorrow
-TTML promoter to sell 3.5 crore shares of company via OFS tomorrow
-Jaypee Infratech: Promoter Jaypee Associates to sell 12 crore shares of company via OFS tomorrow; sets floor price at Rs 35/share
-Essar Shipping promoter to sell up to 1.78 crore shares tomorrow
-Essar Ports promoter to sell up to 2.26 crore shares via OFS tomorrow
-Jet Airways promoter Tailwinds to sell up to 43.2 lakh shares via OFS tomorrow
-Saint-Gobain promoter to sell up to 98 lakh (10.77 percent) shares via OFS tomorrow
-Novartis India promoter to sell up to 4.5 lakh shares via OFS tomorrow -United Spirits may sell Scottish Distiller Invergordon – TOI (its part of W&M)
-Walmart to convert CCDs worth Rs 456 crore in Bharti Retail into equity by September – ET
-Future Retail seeks to increase FII to 49 percent from existing 24 percent - ET
-HCL Infosystem not looking to sell hardware biz – ET
-Major hospitals could tell doctors not to prescribe Ranbaxy drug – Reports

Usha Martin
-Plans mini blast furnace shutdown at Jamshedpur plant in June first Week
-Other sections at Jamshedpur plant to continue operations

HPCL Q4
-Net profit at Rs 7,679 crore Vs Rs 4,633 crore (YoY)
-Net sales at Rs 61,238 crore Vs Rs 52,443 crore (YoY)
-GRM at USD 3.75/bbl Vs USD 1.90/bbl (QoQ)
HPCL says
-Not losing money on sale of petrol currently
-Got subsidy in cash from govt till December quarter

Sun Pharma Q4
-Consolidated net profit at Rs 1,011 crore Vs Rs 820 crore (YoY)
-Consolidated net sales at Rs 3,071.5 crore Vs Rs 2,336 crore (YoY)
-Consolidated other income at Rs 101.8 crore Vs Rs 211.9 crore (YoY)
-Sun Pharma says filed 9 ANDA in Q4
-US formulations sales up 63 percent at USD 330 million (YoY): Sun Pharma
-Domestic branded generic sales at Rs 780 crore: Sun Pharma
-Consolidated Q4 R&D spend at Rs 203 crore: Sun Pharma

Power Grid Q4
-Net profit at Rs 1,109.4 crore Vs Rs 1,031.7 crore (YoY)
-Total income at Rs 3,380.6 crore Vs Rs 3,155.7 crore (YoY)
-EBITDA at Rs 2,838 crore Vs Rs 2,604 crore (YoY)
-OPM flat at 83.9 percent (YoY)   

Hindalco Q4
-Net profit at Rs 482 crore Vs Rs 640 crore (YoY)
-Net sales at Rs 6,915 crore Vs Rs 7,563.3 crore (YoY)
-EBITDA at Rs 565 crore Vs Rs 781.1 crore (YoY)       
-EBITDA margin at 8.17 percent Vs 10.33 percent (YoY)    
-Other income at Rs 231 crore Vs Rs 160.5 crore (YoY)
-Tax expense at Rs 62 crore Vs Rs 139.4 crore (YoY)
-Finance costs at Rs 157.7 crore Vs Rs 80 crore (YoY)
Hindalco says
-Achieved record capital spend of Rs 14,000 crore
-Interest went up by Rs 300 crore to Rs 2,079 crore
-Aluminum business on track for growth
-Copper business falling behind due to challenges in Australia
-Copper business in India doing well

Hindalco CEO to CNBC-TV18:
-Seek to refinance debt to deleverage balance sheet
-Aggressive capex of Rs 10,000 crore chartered for FY14
-Capex will be divided between Novelis & Hindalco
-Mahan coal block progressing well
-Net debt at Rs 13,000 crore
-Looking at reducing cost of debt, reducing interest costs
-Will look at refinancing debt, no timeline set for it as yet
-Consumption of aluminum growing fast
-Input cost pressures continue to remain a challenge

REC Q4
-Net profit at Rs 960.3 crore Vs Rs 761.3 crore (YoY)
-Total income from operations at Rs 3,624.8 crore Vs Rs 2,846 crore (YoY)

Neyveli Lignite Q4
-Net profit at Rs 615 crore Vs Rs 605 crore (YoY)
-Net sales at Rs 1,653.3 crore Vs Rs 1,510 crore (YoY)

NHPC Q4
-Net profit at Rs 583.3 crore Vs Rs 802.1 crore (YoY)
-Net sales at Rs 1,037.7 crore Vs Rs 1,385.6 crore (YoY)

Engineers India Q4
-Net profit at Rs 180.7 crore Vs Rs 190.3 crore (YoY)
-Net sales at Rs 513.5 crore Vs Rs 1,225 crore (YoY)

Bombay Dyeing Q4
-Net profit at Rs 157.8 crore Vs Rs 185.2 crore (YoY)
-Net sales at Rs 845 crore Vs Rs 883 crore (YoY)

GMDC Q4
-Consolidated net profit at Rs 149.3 crore Vs Rs 158.5 crore (YoY)
-Consolidated net sales at Rs 442.5 crore Vs Rs 536.9 crore (YoY)

Gitanjali Gems Q4
-Consolidated net profit at Rs 119 crore Vs Rs 103 crore (YoY)
-Consolidated net sales at Rs 4,750 crore Vs Rs 3,532 crore (YoY)
-Tax write-back of Rs 15.1 crore

Godrej Industries Q4
-Consolidated net profit at Rs 94 crore Vs Rs 43 crore (YoY)
-Consolidated total income at Rs 1,457.5 crore Vs Rs 1,431 crore (YoY)

Pidilite Industries Q4
-Consolidated net profit at Rs 81.3 crore Vs Rs 54 crore (YoY)
-Consolidated net sales at Rs 833.4 crore Vs Rs 715.2 crore (YoY)

Aban Offshore Q4
-Consolidated net profit at Rs 60.7 crore Vs Rs 80.5 crore (YoY)
-Consolidated income from operations at Rs 959.7 crore Vs Rs 803.1 crore (YoY)
-Company okays raising up to USD 400 million via FCCB, GDR and ADR
-Company okays raising up to Rs 2,500 crore via QIP

Jain Irrigation Q4
-Net profit at Rs 42 crore Vs Rs 173.4 crore (YoY)
-Revenue at Rs 1,255.1 crore Vs Rs 1,236.9 crore (YoY)
 
Jagran Prakashan Q4
-Net profit at Rs 38.5 crore Vs Rs 42.8 crore (YoY)
-Net sales at Rs 334.2 crore Vs Rs 303.3 crore (YoY)

Chettinad Cement Q4
-Net profit at Rs 22.2 crore Vs Rs 30.2 crore (YoY)
-Net sales at Rs 607.5 crore Vs Rs 596.9 crore (YoY)

Radico Khaitan Q4
-Net profit at Rs 15.7 crore Vs Rs 4.5 crore (YoY)
-Total income from ops at Rs 331.5 crore Vs Rs 293.7 crore (YoY)

Parsvnath Developers Q4
-Consolidated net profit at Rs 14 crore Vs loss of Rs 23 crore (YoY)         -Consolidated revenue at Rs 182 crore Vs Rs 219 crore (YoY)

Lovable Lingerie Q4
-Net profit at Rs 3 crore Vs Rs 6.5 crore (YoY)
-Net sales at Rs 20.4 crore Vs Rs 19.1 crore (YoY)

Tata Communications Q4
-Consolidated net loss at Rs 5.2 crore Vs loss of Rs 201 crore (QoQ)
-Consolidated income from operations at Rs 4,400 crore Vs Rs 4,434.1 crore (QoQ)
-Exceptional gain of Rs 183.3 crore
-Tax expense at Rs 108 crore Vs Rs 40.5 crore (QoQ)
-Exceptional gain on account of sale of fixed asset

Simbhaoli Sugars Q4
-Consolidated net loss at Rs 161 crore Vs loss of Rs 16 crore (YoY)
-Consolidated net sales at Rs 286 crore Vs Rs 214 crore (YoY)

Shipping Corporation Q4
-Net loss at Rs 281.5 crore Vs loss of Rs 355.8 crore (YoY)
-Total income from ops at Rs 973.5 crore Vs Rs 1,106 crore (YoY)

Chennai Petroleum Q4
-Net loss at Rs 392.2 crore Vs loss of Rs 465 crore (QoQ)
-Net sales at Rs 12,452.7 crore Vs Rs 11,593 crore (QoQ)
-GRM at USD 0.80/bbl Vs USD 4.46/bbl (QoQ)