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  • Did You Know: 6 PSUs don't have enough to cover finance costs

    The free float of all these companies is very small, baring MTNL, and hence their market cap is huge

  • See 19 projects operational by FY17: ILandFS Transportation

    See 19 projects operational by FY17: ILandFS Transportation

    Speaking to CNBC-TV18, Mukund Sapre, ED, IL&FS Transportation Networks says the company finds rights issue to be a better option to mobilize the equity because of the stock prices.

  • Parsvnath reports Q1 loss of Rs 8 crore

    Parsvnath reports Q1 loss of Rs 8 crore

    Its total income from operations, however, rose to Rs 160 crore in the first quarter of 2015-16 from Rs 96.34 crore in the year-ago period.

  • China dumping, weak demand hurting volumes: Kalyani Steel

    China dumping, weak demand hurting volumes: Kalyani Steel

    If the government does not support the industry where there is disproportionate advantage in one country vis-à-vis India, the industry will die over a period of time, says management of Kalyani Steels.

  • Jaypee Infra Q4 net grows 7-fold to Rs 96 crore

    Jaypee Infra Q4 net grows 7-fold to Rs 96 crore

    The Jaypee Group firm, which operates Yamuna Expressway linking Delhi to Agra, had reported a net profit of Rs 13.19 crore in the same quarter previous fiscal.

  • Bhushan Steel's Q3 net loss widens to Rs 454 cr

    Bhushan Steel's Q3 net loss widens to Rs 454 cr

    It had reported Rs 54.79 crore net loss for the corresponding quarter if last fiscal, 2013-14, the company said in an exchange filing today. Its income from operations grew marginally to Rs 2,460 crore, from Rs 2,407 crore a year earlier.

  • Use of LNG to help save Rs 10-20 cr/month: FACT CMD

    Use of LNG to help save Rs 10-20 cr/month: FACT CMD

    The company is also confident of upping their capacity utiliastion from the current 83 percent to 120 percent in the remaining weeks of the current fiscal, said Jaiveer Srivastava CMD, Fact.

  • J Kumar Infraprojects Q3 up 21% to Rs 24 cr

    J Kumar Infraprojects Q3 up 21% to Rs 24 cr

    Total expenses also rose to Rs 256.20 crore from Rs 231.26 crore a year earlier. Finance costs rose a little to Rs 18.38 crore from Rs 16.46 crore a year earlier. In a separate filing, the company said it has received two orders worth Rs 353 crore for construction of bridges in Ahmedabad and Navi Mumbai.

  • Jindal Stainless Q2 net loss widens to Rs 412 cr

    Jindal Stainless Q2 net loss widens to Rs 412 cr

    The company also incurred an exceptional loss of Rs 223 crore during the quarter against an exceptional gain of Rs 68 crore in the corresponding period due to sudden depreciation of rupee against major currencies, which has resulted in net loss of Rs 412 crore.

  • HDIL Q1 net profit down 85% to Rs 16.25cr

    HDIL Q1 net profit down 85% to Rs 16.25cr

    Realty firm Housing Development and Infrastructure Ltd (HDIL) on Wednesday reported 85 percent fall in consolidated net profit at Rs 16.25 crore for the quarter ended in June.

  • Jyothy Labs bets on higher advertising to boost sales

    Jyothy Labs bets on higher advertising to boost sales

    Jyothy Labs is increasing ad spends to 10-12 percent. It will also expand Henkel brands, which were predominantly urban, into semi-urban and rural areas, while Jyothy's brands will be pushed more into the urban markets and modern trade.

  • Manappuram Fin Q2 net drops 20% on higher finance costs

    Manappuram Fin Q2 net drops 20% on higher finance costs

    Kerala-based gold loan company Manappuram Finance on Thursday reported more than 20% year-on-year drop in its second quarter (July-September) net profit at around Rs 108 crore in 2012-13; due to rise in borrowing costs and some operating expenditures.

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