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October December

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  • Vistara turns a 'profit' for the first time since inception

    Vistara carried 33.06 lakh passengers in the October-December quarter garnering a market share of 9.2 percent, according to the data by the Directorate General of Civil Aviation.

  • CII Business Confidence Index rebounds sharply to a two-year high in Oct-Dec

    The sharp improvement in the value of the index was buttressed by subsiding of concerns around the impending recession and its impact on the Indian economy

  • Akasa, Jet Airways 2.0 may add to the woes of Indian aviation industry: HSBC Global Research

    While IndiGo is expected to report a Rs 310 crore loss, SpiceJet is expected to report losses to the tune of Rs 170 crore during the recently concluded quarter.

  • Jaiprakash Power Q3 loss may widen to Rs 117 cr: Poll

    Earnings before interest, tax, depreciation and amortisation may grow 24.1 percent to Rs 332 crore but operating profit margin is likely to fall 470 basis points to 58 percent compared to same quarter last year.

  • HUL Q3 net seen up 7.8%, volume growth may be 4-5%: Poll

    Reported profit after tax of the company is expected to grow 7.8 percent year-on-year to Rs 939 crore and net sales may surge 10.6 percent to Rs 7,116 crore in the quarter ended December 2013.

  • Kolte-Patil Q3 net dips 33% to Rs 20.4 cr on lower revenues

    Consolidated net sales dropped 16.5 percent to Rs 186 crore in the quarter ended December 2013 from Rs 222.8 crore in a year ago period.

  • HDFC Q3 meets forecast, net rises 12% to Rs 1278 cr

    In the quarter gone by, total income from operations grew nearly 15 percent to Rs 6,020 crore while total expenses rose 15 percent to Rs 4,273.2 crore compared to a year ago period.

  • RIL Q3 net flat on weak refining margin, higher input costs

    Quarterly net revenues of the Mukesh Ambani flagship stood at Rs 1.03 lakh crore, up 10 percent year-on-year, and slightly lower than the CNBC-TV18 poll estimate of Rs 1.04 lakh crore.

  • ITC Q3 net up 16% to Rs 2,385 cr but margin disappoints

    Revenues jumped 13 percent to Rs 8,623 crore in the quarter ended December 2013 as against Rs 7,627 crore in a year ago period.

  • YES Bank Q3 profit may beat estimates: StarMine

    StarMine's SmartEstimates, which places greater emphasis on forecasts by top-rated analysts, expects Yes Bank to report a profit of Rs 396 crore for the quarter, compared with a consensus mean estimate of Rs 390 crore.

  • Q3 Balance of Payments: Key takeaways

    India‘s current account deficit (CAD) widened to 6.7 percent as against expected 6.4 percent in the October-December quarter, 2012.

  • Shriram Transport Q3 net up 14% on loan growth

    Chennai-based Shriram Transport Finance (STF) reported 14% year-on-year rise in its third quarter (October-December, 2012-13) net profit at around Rs 350 crore, driven by robust growth in loan book. The company primarily lends to individual truck operators across the nation.

  • Dhanlaxmi Bank makes Rs 4 cr profit in Q3 on low staff cost

    Kerela-based Dhanlaxmi Bank turned profitable in the third quarter (October-December, 2012-13) recording a net profit at Rs 4.4 crore as against a net loss of Rs 37 crore a year ago, on the back of lower employee cost.

  • HDFC Q3 net profit up 16% at Rs 1140cr

    India's largest housing finance company, Housing Development Finance Corporation (HDFC) on Monday reported more than 16% year-on-year jump in its third quarter (October-December, 2012-13) net profit at Rs 3,293 crore, driven by robust loan growth.

  • Key points to watch for HDFC Q3 earnings

    India's largest housing finance company HDFC is likely to report over 15% year-on-year growth in its third quarter (October-December, FY13) net profit at Rs 1,132 crore. Its total loan book would expand in the range of 20-22% y-o-y, according to an average estimate by 14 brokerages.

  • Reasonably well positioned in retail: HDFC Bank ED

    Private sector lender HDFC Bank, known for its expertise in transaction banking, expects more growth in retail rather than wholesale banking in the year ahead. During October-December quarter, the bank expanded its retails loans by 29% year-on-year to Rs 1.30 lakh crore while corporate loans increased 18.5% y-o-y to about Rs 1.11 lakh crore.

  • Federal Bank Q3 net hit by one-time provision, up 4%

    South based Federal Bank on Thursday reported a muted growth in its third quarter (October-December) net profit that has risen only by 4% year-on-year to Rs 211 crore. The lender took a one-time hit on a corporate account, which borrowed around Rs 1400 crore from a consortium of banks. This dented its profit margin.

  • Axis Bank Q3 net up 22%, stock hits 52-wk high

    India's third largest private sector lender Axis Bank's October-December quarter net profit scaled up to a forecast beating 22% year-on-year to 1,347 crore, driven by three-pronged reasons: lower provisions against bad loans, higher net interest income and robust fee income.

  • Key factors to watch for Axis Bank Q3 results

    Private sector lender Axis Bank's third quarter (October-December) net profit is expected to rise around 17% year-on-year to Rs 1,291 crore. Net interest income (NII) or the difference between interest earned and paid out, is likely to grow 14% y-o-y to Rs 2,445 crore, according an analyst estimate by CNBC-Awaz.

  • Expect no suprise from banks' Q3 earnings growth

    Banks are unlikely to spring any surprise, be it positive or negative in their third quarter (October-December) earnings in 2012-13. Private sector lenders continue to be preferred over their public sector peers.

  • IndusInd Bank Q3 net up 30% on higher interest income

    Privately held IndusInd bank kick-started the third quarter (October-December) earnings season with a positive note. Driven by robust growth in interest income, the Hinduja owned bank reported 30% year-on-year rise in its net profit at Rs 267 crore for the quarter ended December 31, 2012-13.

  • Muted Dec quarter earnings seen for Indian IT cos: Analysts

    Slower growth in discretionary spending and delays in decision making of clients may continue to hurt Indian IT companies' revenue growth in the December quarter, analysts today said.

  • RBI leaves key rate unchanged, shifts focus to growth

    The Reserve Bank of India on Tuesday left the key policy rate unchanged in its mid quarter (December 2012) monetary policy. With this status quo in the policy action, repo rate stood at 8% while reverse repo was at 7%. Cash reserve ratio (CRR) also remained at 4.25%.

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