Fourth Quarter Results

Revenue from the automotive segment revenue rose 20 percent, while that of the farm equipment segment fell 13.1 percent, However, earnings for India's largest tractor-maker by sales were pressured by a 21.5 percent fall in tractor and farm equipment sales, as sub-par rains affected rural demand

Market likely to see 15% growth in next 12 months: PN Vijay

The next big trigger for the stock market will be the fourth quarter results, says PN Vijay, portfolio manager. Talking to CNBC-TV18, he says that though the market is somewhere around its lows, he is confident that the Indian stock market would stick to the 15 percent growth figure in the next 12 months.

Godrej Ind Q4 PAT up 41% at Rs 71 cr

Godrej Industries has annunced its fourth quarter results. The company's Q4 net profit was up at Rs 71.4 crore versus Rs 50.6 crore, year-on-year, YoY.

Godfrey Phillips Q4 net dips 28% at Rs 42 cr

Cigarette maker Godfrey Phillips India Ltd today said its net profit declined by 28% to Rs 41.99 crore for the fourth quarter ended March 31, 2012.

Venkys Q4 PAT up at Rs 18 crore, YoY

Venky's India has announced its fourth quarter results. The company's Q4 net profit was up at Rs 18 crore versus Rs 15.5 crore, year-on-year, YoY.

Foreign contractors sank Q4 returns: Dolphin Offshore

Dolphin Offshore announced its fourth quarter results on Friday. The company that provides underwater services to the Indian oil and gas industry, and supplies marine services saw Q4 revenues down at Rs 93 crore versus Rs 114 crore. The company’s net profit was up at Rs 11.7 crore versus Rs 2 crore.

Vijaya Bank to lift base rate by 50bps, BPLR to see hike

In tune with the industry expectations, after Reserve Bank of India’s key rate hike by 50 bps, Vijaya Banks discloses a likely hike in the base rates and bench mark prime lending rates (BPLR). HS Upendra Kamath, chairman of Vijaya Bank shares that the rates hike to be announced on Thursday will be in the lines of a 50 bps rise.

UB Spirits targets 12-14% volume growth going ahead

Ravi Nedungadi, CFO and president- finance of UB Holdings says that the company is targeting 12% to 14% volume growth going forward. He says, “The company’s revenue growth has been consistent with expectations.” He also adds that excluding the impact of Balaji Distilleries, “the sales are up by 20%.

Balaji Amines likely to maintain 18% margin this quarter

Balaji Amines saw a dip in profits in the fourth quarter results posted recently. The profits are down by an odd 56% at Rs 1.67 crore versus Rs 3.84 crore. There is huge interest cost and tax burdens that have impacted their profitability, says D Ram Reddy, director-commercial of Balaji Amines.

Will maintain margins as cotton prices slip: Alok Ind

Alok Industries saw a minor margin pressure in the Q4 results. Dilip Jiwrajka, managing director of the company accounts rising cotton prices as the reason for the pressure. However, he says, “the cotton prices are softening, hence, we should be able to maintain the margins, going forward.”