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The company's total sales for the January-March period increased to Rs 1,563 crore from Rs 1,463 crore in the corresponding period, a growth of 6.83 percent .
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A decade-long battle with minority shareholders has not dented the appetite of erstwhile Cadbury India, now Mondelez India, from making big-ticket investments here.
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FY14, a year Mistry himself characterised as challenging, saw the Tata Group's dividend income slip only marginally to Rs 3,770 crore. A whopping 96 percent of this money, or Rs 3,627 crore, came from TCS.
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The percentage of gross non performing assets (GNPAs) for the banking sector is expected to worsen from 3.9 percent of advances in financial year 2013-14 to about 4-4.2 percent in 2014-15, according a report by ICRA.
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Corresponding to the provision for doubtful advances and diminution in the value of investments recognised in the standalone financial statement and impairment loss of Rs 3,235.73 crore on goodwill of WMG, Palmer Investment Group and Montrose International SA has been recognised in the consolidated financials.
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The Q3 growth is slightly higher by 0.2 percent on a year-on-year basis, but has shown a degrowth quarter-on quarter (4.7 percent versus 4.8).
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With the Coal India special dividend where they will get close to Rs 24,000 crore and the Finance Ministry saying that the Cabinet Committee on Economic Affairs (CCEA) will take up the Hindustan Zinc-BALCO resident stake sale next week or the week after, they are likely to get another Rs 25,000 crore.
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Tirthankar Patnaik, director (Institutional Research), Religare Capital Market said the FY14 earnings will see growth revival, which will push market higher.
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Speaking to CNBC-TV18 after posting good set of Q2 numbers, Kapil Wadhawan, chanirman and managing director, Dewan Housing Finance (DHFL) says unless the Reserve Bank of India (RBI) hikes interest rates in the upcoming monetary polices, the financing company will be able to maintain its NIMs.
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Banks' loans grew about 11 percent to 58.46 trillion rupees, while deposits rose 12 percent to 75.64 trillion rupees from March 22 to October 4, data released on Tuesday showed, mainly due to the overall slowdown in GDP growth in Asia's third-largest economy.
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Speaking to CNBC-TV18 on Infosys' strong Q2 numbers, Sanjeev Prasad of Kotak Institutional Equities expects the company to perform stronger than the guided 10 percent.
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Vardhman Textiles is positive on a better performance in the current fiscal on the back of a weak rupee. SP Oswal, its CMD feels that with the rupee currently appreciating, there will also be stability in the raw material costs, which will be better for the company's prospects.
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However, the Society of Indian Automobile Manufacturers (SIAM), struck a cautious note, saying it was unlikely that passenger car sales would post positive growth this fiscal under current economic circumstances.
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Siddhartha Sanyal, Chief India Economist, Barclays Capital sees the rupee trading at 61/USD in the next three-six months.
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Speaking to CNBC-TV18 on CAD estimates, Sonal Varma, India Economist, Nomura Financial Advisory & Securities says she expects Q1FY14 deficit number to be around 6.1 percent due to high gold imports.
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CP Gurnani, MD & CEO, Tech Mahindra expects this year to be better than the two previous years.
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HSBC lowered its forecast for India's GDP to 4 percent for FY14 from 5.5 percent. It says that economic uncertainty is likely to weigh on the growth forecast in the coming months.
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Credit Suisse has lowered India's growth forecast for this fiscal year to 6 percent from 6.5 percent, and for financial year 2014-15 to 7 percent from 7.5 percent earlier.
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India's banking behemoth - the State Bank of India (SBI) is expected to report a fall of 5 percent year-on-year in its first quarter (April-June) net profit to Rs 3,565 crore. Net interest income (NII) or the difference between interest earned and paid out, is likely to grow at a muted pace of just 2 percent to Rs 11,288 crore.
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South-based realty company Sobha Developers reported a growth of 11 percent year-on-year growth in its first quarter (April-June, FY14) consolidated net profit to about Rs 50 crore.
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Analysts say intensifying competition, high store penetration in tier-1 cities and cannibalisation in several places will limit same-store sales growth going ahead. Furthermore, expansion of Dunkin' Donuts, which is unlikely to break-even for 4 years and higher ad spends will keep margins in check.
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State-owned Canara Bank first quarter (April-June, FY14) net profit nearly remained flat at Rs 792 crore as against Rs 775 crore a year back, up merely 2 percent year-on-year. A spike in provisions and contingences, which grew 119 percent y-o-y to Rs 916 crore capped the bank‘s profit margin.
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South-based state-owned lender Canara Bank is likely to report 4 percent year-on-year growth in its first quarter (April-June) net profit at 807 crore. Net interest income or the difference between interests earned and paid out, may grow 17 percent to Rs 2,163 crore, according to an average poll estimate by CNBC TV18.
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India's largest ICICI Bank's first quarter (April-June, FY14) net profit is likely to rise 24 percent year-on-year to Rs 2,252 crore. Net interest income or the difference between interest earned and paid out, may increase 21 percent y-o-y to Rs 3,850 crore.
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Nomura has also cut Maruti Suzuki's FY14 volume estimates to flat from 6 percent growth it had projected earlier. It has also reduced margin estimates to 11.5 percent from 13 percent.
