Tesla plans to resolve logistics issues with global vehicle deliveries after weathering a challenging few months, also marked by staff layoffs and a public spat between Musk and U.S. financial regulators.
According to a regulatory notice filed on Thursday night, the infra major said the total income during the quarter under discussion stood at Rs 2,119.87 crore down from Rs 2,276 crore in Q3FY18.
In comparison, the company had reported a net profit after tax of Rs 40 crore in October-December quarter of 2017, Reliance Home Finance Ltd (RHFL) said in a regulatory filing to the stock exchanges.
Higher input costs ate away a portion of the operating profits despite inventory gains and a cut in employee expenses, finance costs and other expenses.
The company had posted a PAT of Rs 805.43 crore for the same period previous fiscal, Hero MotoCorp said in a regulatory filing.
Total income of the bank also came down to Rs 2,293 crore in the quarter under review as against Rs 2,476 crore in the year-ago period, Dena Bank said in a regulatory filing.
The company had clocked Rs 47 crore PAT during the same quarter a year ago, Ashoka Buildcon said in a statement.
Consolidated revenue from operations stood at Rs 2,051 crore for the quarter, against Rs 1,463 crore a year ago.
Gross refining margin saw a surprisingly steep fall during the quarter under review. Inventory losses impacted profits
The company had posted a net profit of Rs 122.74 crore in the same period of previous fiscal, Ramco Cements said in a BSE filing.
It had posted a net profit of Rs 43.31 crore in the corresponding quarter of last year, Century Textiles and Industries said in a BSE filing.
Fuel cost of the company rose to Rs 3,189.87 crore from Rs 2,491.24 crore in the year-ago period. Similarly, the finance cost rose to Rs 1,013.96 crore from Rs 855.28 crore a year ago.
Total income was up at Rs 5,269.10 crore from Rs 4,903.07 crore in the year-ago period, Indian Bank said in a regulatory filing on Friday.
Total income of the housing finance company rose to Rs 2,078.46 crore as compared to Rs 1,416.21 crore in the same period a year ago.
Bharti Infratel added that it remains upbeat about growth prospects fuelled by the next round of network expansion by operators, for both 4G services and the rapidly-evolving 5G.
The company had posted a net profit of Rs 53.11 crore in the October-December period a year ago, Kajaria Ceramics said in a BSE filing.
The bank had posted a loss of Rs 21.74 crore in the corresponding period of the previous financial year.
The South Korean tech giant -- the world's top maker of smartphones and memory chips -- has recovered from a series of setbacks, including a humiliating recall and the jailing of its de facto chief, to post a series of record-breaking numbers.
"The decrease in net income was primarily due to higher net non-operating foreign exchange losses in 2018 driven by the depreciation of the Indian rupee versus the prior year period," it added.
July to September saw no repeat of a payout in the billions the firm had to make over its "dieselgate" emissions cheating scandal in the same period last year, although it was weighed down by new tougher air pollution tests for cars introduced following the revelations.
Third-quarter net profit came in at 269 billion won ($236.14 million), compared with 852 billion won booked in the same period a year earlier.
In the reported quarter, smartphone segment contributed to half of the total handset market (88 million) with brands like Xiaomi, Samsung, Vivo and OPPO recording their individual highest-ever shipments in a single quarter, it said. The shipments grew 24 percent on sequential basis.
The profitability margins and debt metrics of the cement companies may also come under pressure in the coming quarters on higher petcoke, coal and diesel prices, rating agency Icra said in its report.
The RBI data released today said the information technology (IT) sector recorded a modest improvement in sales growth, although lower than a year ago.
With an operationally diverse yet synergistic verticals, the company has consistently generated strong returns over the past years which is expected to continue in coming quarters. Given the company’s exposure to the Agri and animal husbandry sectors which were at the core of budgetary allocations and development objectives, the company is positioned to benefit.