Finance Cost

Realty firm Puravankara Projects today reported 67 per cent decline in consolidated net profit at Rs 10.24 crore for the quarter ended June on lower sales.

DLF Q4 net profit drops 23% at Rs 132.39 cr

During the entire 2015-16 fiscal, net profit rose marginally to Rs 549.39 crore from Rs 540.24 crore in the previous year.

Sobha Q4 net profit down 41% at Rs 36 cr

Realty firm Sobha on May 19 reported a 41 percent decline in consolidated net profit at Rs 36.1 crore for the March quarter, on higher finance cost and tax expenses

Unitech posts Rs 16.1 cr loss in Q3 on high interest outgo

Income from operations fell to Rs 408.74 crore in the third quarter of this fiscal as against Rs 706.81 crore in the corresponding period of the previous year, Unitech said in a regulatory filing

See 14-15% products business growth in medium term: HSIL

Sandeep Sikka, CFO of HSIL said that, going forward, the company will focus on its revenue and margin growth.

Amtek Auto Q3 net loss at Rs 157.76 crore

Net sales during the period under review stood at Rs 854.22 crore as against Rs 978.8 crore in the year-ago quarter, the company said.

IL&FS Transportation Q1 net profit nosedives 98% to Rs 3 cr

The company's net profit in the year-ago period was Rs 137.75 crore, IL&FS Transportation Networks said in a regulatory filing. The total income from operations, however, increased to Rs 1,644.41 crore compared with Rs 1,564.16 in the corresponding quarter of the previous fiscal.

Omaxe Q1 net profit rises 40% to Rs 16.83 crore

The company had posted a net profit of Rs 12.03 crore in the year-ago period, Omaxe said in BSE filing. Income from operations rose marginally to Rs 334.41 crore in the first quarter of this fiscal from Rs 330.8 crore in the corresponding period, it added.

Airtel to set up basic ADR programme to woo US investors

"The company has decided to establish a sponsored Level 1 ADR programme in United States. The ADRs can be traded on the US OTC...This program is not for purpose raising capital in the US market," a Bharti Airtel spokesperson said during an investors' call today.

Tata Chemicals Q1 net plunge 13% at Rs 153.04 cr

Total income increased to Rs 4,079.37 crore in the first quarter of 2015-16 fiscal from Rs 3,871.37 crore in the same period of previous fiscal.

Focus on new and value added products in FY16: Kwality

Aim to improve growth margins by 0.5 to 0.6 percent in the current year, Sunit Shangle, CFO, Kwality told CNBC-TV18.

Gujarat Pipavav posts 10% rise in Q4 net at Rs 67 crore

Total income of the company rose by 20 percent to Rs 188 crore in March quarter, up from Rs 156 crore in the corresponding quarter of 2013-14.

Videocon Jul-Sep profit dips 15 folds to Rs 1.34 cr

The company had a finance cost of Rs 585.67 crore during the quarter as against Rs 581.06 crore in the same quarter of last fiscal.

SPML bags Rs 721 cr order; sees Rs 1.8k cr topline in FY15

Rishabh Sethi, ED, SPML said the company‘s total order book currently stands at around Rs 6000 crore. Its order inflow in FY14 stood at Rs 3500 crore, Sethi said. The company is currently focusing on water and power sectors.

GTL Infra posts Rs 88 cr loss for Apr-Jun quarter

The company, which has a portfolio of over 30,000 telecom towers across the country, had reported a loss of Rs 85.16 crore for the same period last year.

Cost of fund up by $4/oz on RBI import norms: Jeweller Body

Haresh Soni, chairman, All India Gems & Jewellery Trade Federation says jewelers will now have to pay more as bankers are charging around USD 6-7 per ounce for imported gold, which was earlier USD 1.5-2.