Stocks in the news: Tech Mahindra, Sun Pharma, ONGC, Idea, Adani Power, Rel Comm

Satin Credit Q4
-Consolidated net loss at Rs 43 crore versus profit of Rs 16.9 crore (QoQ)

Tech Mahindra Q4
-Consolidated net profit down 30.2 percent at Rs 589.7 crore versus Rs 845 crore (QoQ)
-Consolidated revenue down 0.8 percent at Rs 7,495 crore versus Rs 7,557.5 crore (QoQ)
-Consolidated dollar revenue up 1.3 percent at USD 1,131.2 million versus USD 1,116.1 million (QoQ)
-Consolidated EBIT down 34.4 percent at Rs 615 crore versus Rs 938.5 crore (QoQ)
-Consolidated EBIT margin at 8.2 percent versus 12.4 percent
-Other income at Rs 237.8 crore versus Rs 155.2 crore (QoQ)
-Forex gain at Rs 161.7 crore versus Rs 90.4 crore (QoQ)
-IT attrition rate at 17 percent versus 18 percent (QoQ)
-Board announces dividend of Rs 9/share

Sun Pharma Q4
-Net profit at Rs 1,223.7 crore
-Revenue at Rs 7,136.96 crore
-EBITDA at Rs 1,547.5 crore
-EBITDA margin at 21.7 percent

ONGC Q4
-Net profit down 0.3 percent at Rs 4340.2 crore versus Rs 4352.3 crore (QoQ)
-Revenue up 8.5 percent at Rs 21,714 crore versus Rs 20,014 crore (QoQ)
-EBITDA down 49.6 percent at Rs 4,542.4 crore versus Rs 9,005.7 crore (QoQ)
-EBITDA margin at 20.9 percent versus 45 percent (QoQ)
-Depreciation, depletion, amortisation & impairment at Rs 3,204 crore versus Rs 3,339.5 crore (QoQ)
-Other income at Rs 4519.5 crore versus Rs 892.5 crore (QoQ)

Divis Labs Q4
-Net profit at Rs 259.29 crore versus Rs 322 crore (YoY)
-Revenue at Rs 1,066 crore versus Rs 1103.4 crore (YoY)
-EBITDA at Rs 361.93 crore versus Rs 399.22 crore (YoY)
-EBITDA margin at 33.9 percent versus 36.2 percent (YoY)
-Forex loss of Rs 29.04 crore versus loss of Rs 1.78 crore (YoY)
-Board announces dividend of Rs 2 each, i.e, 500 percent

Sun TV Q4
-Net profit at Rs 235.9 crore versus Rs 235.5 crore (YoY)
-Total income up 0.2 percent at Rs 582.5 crore versus Rs 564.97 crore (YoY)
-EBITDA loss at Rs 77.8 crore versus EBITDA loss of Rs 67.31 crore (YoY)
-Subscription revenue for year ended March 2017 up 18 percent at Rs 961.41 crore

AksharChem Q4
-Net profit up 72.5 percent at Rs 6.9 crore versus Rs 4 crore (YoY)
-Revenue up 9.5 percent at Rs 53 crore versus Rs 48.4 crore (YoY)
-EBITDA down 0.6 percent at Rs 17.9 crore versus Rs 18 crore (YoY)
-EBITDA margin at 33.7 percent versus 37.2 percent (YoY)
-Other income at Rs 5 crore versus Rs 0.1 crore (YoY)

India Cements Q4
-Net profit down 32.1 percent at Rs 34.3 crore versus Rs 50.5 crore (YoY)
-Revenue up 16.1 percent at Rs 1,524.3 crore versus Rs 1,312.6 crore (YoY)
-EBITDA down 8.6 percent at Rs 191.7 crore versus Rs 209.7 crore (YoY)
-EBITDA margin at 12.6 percent versus 16 percent (YoY)
Alert: India Cements Q4FY16 had an exceptional loss of Rs 11.5 crore

Sakthi Sugars Q4
-Net loss at Rs 12.1 crore versus profit of Rs 12.3 crore (YoY)
-Revenue down 16 percent at Rs 280.8 crore versus Rs 334.4 crore (YoY)
-EBITDA at Rs 59.8 crore versus Rs 29.4 crore (YoY)
-EBITDA margin at 21.3 percent versus 8.8 percent (YoY)
-Finance cost at Rs 44.8 crore versus Rs 5.4 crore (YoY)

Ambika Cotton Mills Q4
-Net profit up 32.4 percent at Rs 13.9 crore versus Rs 10.5 crore (YoY)
-Revenue up 18.6 percent at Rs 142.8 crore versus Rs 120.4 crore (YoY)
-EBITDA up 21.8 percent at Rs 26.6 crore versus Rs 21.8 crore (YoY)
-EBITDA margin at 18.6 percent versus 18.1 percent (YoY)

Zydus Wellness Q4
-Net profit up 9.3 percent at Rs 30.3 crore versus Rs 27.7 crore (YoY)
-Revenue up 14.3 percent at Rs 121.5 crore versus Rs 106.2 crore (YoY)
-EBITDA up 12.5 percent at Rs 26.7 crore versus Rs 23.7 crore (YoY)
-EBITDA margin at 23.5 percent versus 24 percent (YoY)

Adani Power Q4
-Net loss at Rs 4,960.5 crore versus profit of Rs 1,085.1 crore (YoY)
-Revenue down 16.9 percent at Rs 6,352.2 crore versus Rs 7,645 crore (YoY)
-EBITDA down 61.3 percent at Rs 1,321.6 crore versus Rs 3,412.1 crore (YoY)
-EBITDA margin at 20.8 percent versus 44.6 percent (YoY)
-One-time loss at Rs 4,076.6 crore

Strides Shasun
-US FDA issues form 483 with 3 observations for Bengaluru unit
-None of the 3 observations are related to data integrity & quality control

Other stocks and sectors that are in news today:
-Listing: PSP Projects
-RMC Switchgear to come forward with new project of manufacturing of environmental friendly 'Imitation Marble and Wooden Surfaces for walls and floors with production capacity of more than 20 lakh square feet of sheets/ profile per annum' with a capex of Rs 8.01 crore and is likely to commence its commercial production from the month of June 2017
-EID Parry: Crisil upgrades rating to AA-/stable
-Igarashi Motors board approves bonus issue
-Balkrishna Paper Mills to raise funds to the tune of Rs 25 crore by issuing 25,00,000, 9 percent cumulative redeemable preference shares of face value of Rs 100 each
-Bank of Baroda to raise additional Rs 9,000 crore (Rs 6,000 crore through equity capital and Rs 3,000 crore through tier 1 bonds)
-Jindal Stainless Steel allotted 6 crore shares to lender of the company at conversion price of Rs 39/share
-CG Power has received an offer for acquisition of the company's power business in United States of America, comprised in its subsidiary, CG Power Systems USA Inc (PSUS)
-Mercator has been awarded a contract by the New Mangalore Port Trust for maintenance dredging at New Mangalore Port for a period of three years; value of the contract is Rs 98 crore
-Brookfield in talks to buy towers of Idea Cellular and Vodafone at an enterprise value of Rs 6,454 crore: ET
-Reliance Communications trips on loan servicing with over 10 domestic lenders: ET
-BALCO working on a plan to enhance capacity
-Indian Hotels in focus: Bankers value Taj Hotel at Rs 1,000 crore, bids for Mansingh may go up to Rs 3,000 crore: BS
-Tata Communications in focus: Tata Teleservices net worth erodes by Rs 11,650 crore: BS
-Torrent Pharma turns sales focus to Brazil, Germany: BS
-Raymond lines up Rs 350 crore expansion plan: ET
-Ashok Leyland has 3 pronged approach for electric buses
-SAIL's salem unit sale hits a roadblock
-IOC seeks 2,700 acres to expand Paradip petrochem project
-Jindal Steel completes construction 4 mtpa blast furnace in Odisha