The business sentiment outlook for the January-March quarter of the fiscal has shown deterioration in respect of demand conditions, an RBI survey said today.
They made investments to the tune of Rs 18,237 crore in three months ended March 31, 2016, higher than Rs 14,031 crore infused in October-December quarter, according to latest data available with Sebi.
IIFL Holdings Ltd today said its consolidated net profit increased by 4% to Rs 136.5 crore in the January-March quarter of 2015-16 fiscal.
Net sales on standalone basis rose 10.34 per cent to Rs 888.20 crore during the quarter under review, as against Rs 804.90 crore in the year-ago period, the company said in a BSE filing.
The country‘s current account deficit for fiscal year 2014-15 eased to 1.3 percent of gross domestic product (GDP), compared to 1.7 percent in the year earlier, helped by relief on the trade account, which in turn was helped by falling oil prices and muted gold imports.
Federal Bank's fourth quarter profit is expected to slip 9.4 percent year-on-year to Rs 251.22 crore, according to the average of estimates of analysts polled by CNBC-TV18.
Bhuvnesh Singh, Barclays said the Q4FY15 earnings season started on a muted note with equal 'beats' & 'misses' to consensus EPS forecasts.
Petrochemical major Reliance Industries is set to deliver its best ever quarterly earnings on Friday. Its fourth quarter standalone net profit is expected to be at Rs 6,000 crore, a growth of 18 percent compared to Rs 5,085 crore in third quarter of financial year 2014-15, according to the average of estimates of analysts polled by CNBC-TV18.
IndusInd Bank matched street expectations on Thursday with the fourth quarter (January-March) net profit rising 25 percent year-on-year to Rs 495.3 crore. Asset quality of the bank improved too, during the quarter.
IT services provider Mindtree will declare its January-March quarter (Q4FY15) earnings today. The management already painted a bleak picture for March quarter, hence the street is not expecting great numbers from the company. For FY15/FY16, however, the management said it would beat NASSCOM guidance.
Private sector lender is expected to report a profit growth of 25.8 percent year-on-year at Rs 498 crore during January-March quarter, according to the average of estimates of analysts polled by CNBC-TV18.
Cement maker ACC reported a drop of 40.84 percent in its consolidated net profit to Rs 236.54 crore for the quarter ended March 31 owing to slackened demand in the domestic market.
For the financial year ended March 2013, Shalimar Paints posted profits of Rs 11.02 crore. For 2011-12 fiscal, it was at Rs 14.46 crore. However, its net sales in 2012-13 increased to Rs 527.36 from Rs 483.78 crore in the earlier fiscal.
The Foreign institutional investors' (FIIs) for the January-March quarter has touched a high. They were net buyers of Indian equities.