The company‘s Managing Director Rajiv Bajaj said sales were impacted by the hike in excise duty, and also that the domestic market for motorcycle remained sluggish.
Moshe Katri, MD, Cowen & Co expects Infosys' margins to be in mid-20s on an annual basis and is looking for guidance to be revised to 7 percent.
Gujarat Pipavav's fourth quarter net profit more than doubled to Rs 77 crore during October-December period against Rs 36 crore on a year-on-year basis.
Anil Rai Gupta, Joint MD, Havells India expects to achieve around 12 percent overall growth for the entire year, higher than 9-10 percent guided earlier. He is hopeful that for the entire year overall margins would be at about 13.5-14 percent.