Results today: Tata Steel, Larsen & Toubro, Bajaj Auto, Ashok Leyland, Bosch, Escorts, Cummins India, GAIL, Apollo Hospitals Enterprise, Container Corporation Of India, Thermax, AstraZeneca Pharma, AIA Engineering, Glaxosmithkline Pharmaceuticals, Abbott India, VIP Industries, TV Today Network, Aditya Birla Fashion and Retail, Godrej Industries, HCL Infosystems, Info Edge (India), Kesoram Industries, Kwality limited, Lux Industries, Saregama India, Simbhaoli Sugars, Wheels India, Apar Industries, Cimmco, Control Print, De Nora India, Engineers India, Fineotex Chemical, Genus Power Infrastructures, Global Vectra Helicorp, Hindustan Media Ventures, Indo Tech Transformers, Ind-Swift Laboratories, Kakatiya Cement Sugar, Lakshmi Machine Works, Panasonic Carbon India, Prism Cement, Sanghvi Forging, Sanghvi Movers, Schneider Electric Infra, Sharda Cropchem, Sicagen India
Ruchi Soya-SEBI bans company from markets-Ban for its roll of manipulating castor seeds futures on NCDEX last January
Mahindra and Mahindra-Incorporates a subsidiary in Nigeria-To explore & expand West African markets
PVR-Opens a 5 screen multiplex in Raigad-Company has total 524 screens & 114 theatres with this
VRL Logistics clarifies on aviation business:-Airline business is a personal investment-Won't use VRL balance sheet to fund airline business-VRL will continue to be primary focus of promoters
Punjab National Bank-Not to lend to iron & steel sector till sector recovers: FE-Identifies 53 corporate accounts for sale to asset reconstruction companies (ARCs)
Other stocks and sectors that are in news today:-Narayana Hrudayalayaentered into agreement with Kenyan Doctors & Financial Institutions to set up a multi specialty hospital in Nairobi-Mercator board meeting on May 20 to consider fund raising via preference shares-Bharti Airtel says concluded spectrum purchase deal with Videocon for Rs 4,428 crore-Jaiprakash Power board to meet on May 27 to consider fundraising proposal via FCCBs/QIP-JSW Group looking to buy more distressed assets: FE-Axis Bank top management has decided to take 20-50 percent cut in variable pay: BS-Monsanto rejects Bayer’s USD 62 billion offer-Redington in focus - Apple's retail store plan hits roadblock: FE
January-March Quarter EarningsTech Mahindra Q4-Consolidated net profit up 18.2 percent at Rs 897 crore versus Rs 759.2 crore (QoQ)-Consolidated total income up 2.7 percent at Rs 6,883.7 crore versus Rs 6,701 crore (QoQ)-Consolidated EBIT down 1.9 percent at Rs 943.6 crore versus Rs 962.1 crore (QoQ)-Consolidated EBIT margin at 13.7 percent versus 14.3 percent (QoQ)-Forex gain of Rs 64.3 crore versus loss of Rs 9.8 crore (QoQ)-Other income at Rs 101.6 crore versus Rs 73.7 crore (QoQ)-Dollar revenue at USD 1,022.6 million versus USD 1,015 million (QoQ)-Announces total dividend of Rs 12/share (including special dividend of Rs 6/share)-Company to not pursue setting up a payment bank-LCC showed a decline in Q4-Have rejigged management of LCC to sharpen focus in growth
Cipla Q4-Net profit down 68.8 percent at Rs 80.9 crore versus Rs 259.7 crore (YoY)-Total income up 5.6 percent at Rs 3,266.5 crore versus Rs 3,092.7 crore (YoY)-EBITDA down 56.9 percent at Rs 218.9 crore versus Rs 507.7 crore (YoY)-EBITDA margin at 6.7 percent versus 16.4 percent (YoY)-Tax credit at Rs 3.9 crore versus tax expense of Rs 103 crore (YoY)-Other income at Rs 54.7 crore versus Rs 61.2 crore (YoY)-Domestic sales up 15.9 percent at Rs 1,258 crore (YoY)-Export sales up 2.8 percent at Rs 1,948 crore (YoY)
Bank of India Q4-Net loss at Rs 3,587 crore versus loss of Rs 56 crore (YoY)-NII up 11.9 percent at Rs 3,187 crore versus Rs 2,847 crore (YoY)-Gross NPA at 13.07 percent versus 9.18 percent (QoQ)-Net NPA at 7.79 percent versus 5.25 percent (QoQ)-Gross NPA up 36.6 percent at Rs 49,879 crore versus Rs 36,519 crore (QoQ)-Net NPA up 40 percent at Rs 27,996 crore versus Rs 19,978 crore (QoQ)-Provisions at Rs 5,470 crore versus Rs 3,604 crore (QoQ); versus Rs 2,256 crore (YoY)-Provision coverage ratio at 51.14 percent as on March 31Bank of India says-Asset quality review (AQR) has been fully implemented by the bank-Identified non-core assets worth Rs 1,000 crore for sale this fiscal-Rs 10,052 crore of gross bad loans are on account of AQR-To form a separate recovery team for NPA management-FY17 recovery & upgradation target at Rs 17,500 crore-SMA-2 accounts have come down by 33 percent in last 3 months-De-growth of 7.47 percent in global credit portfolio a conscious decision-Target savings account growth of 20 percent & current account growth of 15 percent in FY17
Amara Raja Batteries Q4-Net profit up 6.2 percent at Rs 108.6 crore versus Rs 102.3 crore (YoY)-Total income up 9.7 percent at Rs 1,169.6 crore versus Rs 1,066.7 crore (YoY)-EBITDA up 7.6 percent at Rs 190.7 crore versus Rs 177.3 crore (YoY)-EBITDA margin at 16.3 percent versus 16.6 percent (YoY)
Parsvnath Developers Q4-Net profit at Rs 17.9 crore versus loss of Rs 124.4 crore (YoY)-Total income down 74.8 percent at Rs 65.8 crore versus Rs 261.5 crore (YoY)-EBITDA down 92.2 percent at Rs 12.1 crore versus Rs 154.9 crore (YoY)-EBITDA margin at 18.4 percent versus 59.2 percent (YoY)
Wonderla Holidays Q4-Net profit up 15 percent at Rs 7.6 crore versus Rs 6.6 crore (YoY)-Total income up 22.1 percent at Rs 44.5 crore versus Rs 36.5 crore (YoY)
Ion Exchange Q4-Net profit up 18.6 percent at Rs 16.6 crore versus Rs 14 crore (YoY)-Total income up 1.7 percent at Rs 239.2 crore versus Rs 235.2 crore (YoY)-EBITDA up 28.2 percent at Rs 27.7 crore versus Rs 21.6 crore (YoY)-EBITDA margin at 11.6 percent versus 9.2 percent (YoY)
NRB Bearings Q4-Net profit up 2.6 percent at Rs 12 crore versus Rs 11.7 crore (YoY)-Total income up 10.4 percent at Rs 172.4 crore versus Rs 156.2 crore (YoY)-EBITDA up 43.7 percent at Rs 30.9 crore versus Rs 21.5 crore (YoY)-EBITDA margin at 17.9 percent versus 13.8 percent (YoY)
Zee Media Q4-Net profit at Rs 18.3 crore versus loss of Rs 7.2 crore (YoY)-Consolidated total income down 2.6 percent at Rs 136.2 crore versus Rs 139.9 crore (YoY)
PI Industries Q4-Net profit up 58 percent at Rs 95.3 crore versus Rs 60.3 crore (YoY)-Total income up 8.9 percent at Rs 584.8 crore versus Rs 537 crore (YoY)-EBITDA up 12.6 percent at Rs 107.3 crore versus Rs 95.3 crore (YoY)-EBITDA margin at 18.3 percent versus 17.7 percent (YoY)
GSFC Q4-Net profit down 49.5 percent at Rs 32.6 crore versus Rs 64.5 crore (YoY)-Total income up 31.9 percent at Rs 1,701.6 crore versus Rs 1,290.4 crore (YoY)-EBITDA down 27.6 percent at Rs 74.1 crore versus Rs 102.3 crore (YoY)-EBITDA margin at 4.4 percent versus 7.9 percent (YoY)
Linc Pen Q4-Net profit up 65.8 percent at Rs 6.3 crore versus Rs 3.8 crore (YoY)-Total income up 13.5 percent at Rs 105 crore versus Rs 92.6 crore (YoY)
Walchandnagar Q4-Net loss flat at Rs 15.5 crore (YoY)-Total income down 20.3 percent at Rs 112.4 crore versus Rs 141 crore (YoY)Tata Global Beverages Q4-Consolidated net profit at Rs 106.5 crore versus Rs 3.9 crore (YoY)-Total income up 2.2 percent at Rs 1,965.6 crore versus Rs 1,922.7 crore (YoY)-EBITDA down 11.8 percent at Rs 166.1 crore versus Rs 188.4 crore (YoY)-EBITDA margin at 8.5 percent versus 9.8 percent (YoY)-Exceptional gain of Rs 30 crore versus exceptional loss of Rs 102.5 crore (YoY)
Asahi India Glass Q4-Net profit down 67.4 percent at Rs 6.1 crore versus Rs 18.7 crore (YoY)-Total income up 9.7 percent at Rs 578 crore versus Rs 526.9 crore (YoY)-EBITDA up 12.9 percent at Rs 107.3 crore versus Rs 95 crore (YoY)-EBITDA margins at 18.6 percent versus 18 percent (YoY)-Tax expense at Rs 23.1 crore versus Rs 5 crore (YoY)
Shree Digvijay Cement Q4-Net profit at Rs 9.7 crore versus Rs 1.6 crore (YoY)-Total income up 17.3 percent at Rs 103.6 crore versus Rs 88.3 crore (YoY)
Plastiblends India Q4-Net profit up 2.2 percent at Rs 9.4 crore versus Rs 9.2 crore (YoY)-Total income up 16.7 percent at Rs 144.1 crore versus Rs 123.5 crore (YoY)
Mandhana Industries Q4-Net profit up 3.9 percent at Rs 15.9 crore versus Rs 15.3 crore (YoY)-Total income up 5.9 percent at Rs 472.3 crore versus Rs 446.1 crore (YoY)-EBITDA up 11.2 percent at Rs 67.7 crore versus Rs 60.9 crore (YoY)-EBITDA margin at 14.3 percent versus 13.7 percent (YoY)
Asahi Songwon Q4-Net profit up 48.8 percent at Rs 6.4 crore versus Rs 4.3 crore (YoY)-Total income up 18.8 percent at Rs 61.4 crore versus Rs 51.7 crore (YoY)
Bajaj Finserv Q4-Net profit down 26.7 percent at Rs 518 crore versus Rs 707.1 crore (YoY)-Total Income up 13 percent at Rs 6,955 crore versus Rs 6,157 crore (YoY)
Ahluwalia Contracts Q4-Net profit up 53.4 percent at Rs 26.7 crore versus Rs 17.4 crore (YoY)-Total income up 22.2 percent at Rs 383.7 crore versus Rs 314.1 crore (YoY)-EBITDA up 88.3 percent at Rs 53.3 crore versus Rs 28.3 crore (YoY)-EBITDA margin at 13.9 percent versus 9 percent (YoY)
HeidelbergCement Q4-Net profit at Rs 24.3 crore versus Rs 8.2 crore (YoY)-Total income down 0.1 percent at Rs 405.6 crore versus Rs 406.2 crore (YoY)-EBITDA up 8.8 percent at Rs 72.8 crore versus Rs 66.9 crore (YoY)-EBITDA margin at 17.9 percent versus 16.5 percent (YoY)
Bharat Gears Q4-Net profit down 65.6 percent at Rs 1.1 crore versus Rs 3.2 crore (YoY)-Total income down 12.2 percent at Rs 99.6 crore versus Rs 113.4 crore (YoY)
EIH Associated Hotels Q4-Net profit up 67.9 percent at Rs 18.3 crore versus Rs 10.9 crore (YoY)-Total income up 13.7 percent at Rs 83.7 crore versus Rs 73.6 crore (YoY)
Prakash Industries Q4-Net profit at Rs 16.3 crore versus loss of Rs 164.3 crore (YoY)-Total income down 23.8 percent at Rs 486.8 crore versus Rs 639 crore (YoY)-EBITDA down 48.3 percent at Rs 55 crore versus Rs 106.4 crore (YoY)-EBITDA margin at 11.3 percent versus 16.7 percent (YoY)
Omaxe Q4-Net profit up 20.8 percent at Rs 24.4 crore versus Rs 20.2 crore (YoY)-Total income up 17.1 percent at Rs 484.4 crore versus Rs 413.6 crore (YoY)-EBITDA up 21.1 percent at Rs 59 crore versus Rs 48.7 crore (YoY)-EBITDA margin at 12.2 percent versus 11.8 percent (YoY)
Jubilant Life Q4-Consolidated net profit up 65.6 percent at Rs 70.7 crore versus Rs 42.7 crore (YoY)-Total income down 2.3 percent at Rs 1,501.2 crore versus Rs 1,536.5 crore (YoY)-EBITDA up 29.5 percent at Rs 320.2 crore versus Rs 247.2 crore (YoY)-EBITDA margin at 21.3 percent versus 16.1 percent (YoY)-Exceptional gain at Rs 16.5 crore versus loss of Rs 33.9 crore (YoY)
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