Consolidated loss for the quarter stood at Rs 41.45 crore, narrowed from Rs 47.6 crore loss reported in March quarter and Rs 50.8 crore in December quarter 2014. At operational level (earnings before interest, tax, depreciation and amortisation), the loss was at Rs 5.6 crore against loss of Rs 16.8 crore.
Overall performance was also supported by its power business, which contributes 23 percent to total revenue, increased by 27.9 percent to Rs 398.43 crore year-on-year
Operating profit may slip 29 percent year-on-year to Rs 310 crore and margin may drop 710 basis points to 19.4 percent in June quarter.
The bank's first quarter net profit falling 48.7 percent year-on-year to Rs 721 crore but its asset quality improved sequentially.
National Aluminium Company's (NALCO) fourth quarter profit is likely to increase by 86 percent year-on-year to Rs 320 crore and total income is seen rising 3 percent to Rs 1,900 crore, according to a CNBC-TV18 poll.
Steel Authority of India (SAIL) missed street expectations on Friday with the fourth quarter net profit declining 26.2 percent year-on-year to Rs 334 crore on lower revenue and higher finance cost.
The company's pperational performance also beat street expectations with the operating profit rising 5.1 percent year-on-year to Rs 5,964 crore and margin expanding 30 basis points to 27.9 percent in the quarter gone by.
Utility vehicle maker Mahindra and Mahindra (M&M) matched street expectations on Friday. Consolidated profit plunged 50 percent year-on-year to Rs 586 crore crore, impacted by lower revenue.
Indian Oil Corporation's (IOC) fourth quarter net profit declined 33 percent year-on-year to Rs 6,285.35 crore but sequentially it turned black against loss of Rs 2,636.80 crore in December quarter.
Utility vehicle maker Mahindra and Mahindra (M&M) will announce its March quarter earnings on May 29. The trend has been weak for M&M for last many quarters and that may continue, feel analysts. According to them, steep decline in tractor volumes and margin pressures may hit profitability again.
Oil and Natural Gas Corporation (ONGC) missed street expectations on Thursday with the fourth quarter net profit falling 19.5 percent year-on-year to Rs 3,935 crore. Slow growth in revenue, and higher tax burden, statutory levies & other expenses impacted the bottomline but other income supported.
Rural Electrification Corporation (REC) may report a 14.6 percent growth (year-on-year) in profit at Rs 1,366 crore for the quarter ended March 2015, according to a CNBC-TV18 poll.
Container Corporation of India's fourth quarter profit after tax may increase 10 percent year-on-year to Rs 269.7 crore, according to the average of estimates of analysts polled by CNBC-TV18.
Hindustan Petroleum Corporation (HPCL) is likely to report a profit of Rs 1,479.4 crore in March quarter, down 67.9 percent compared to Rs 4,609.2 crore in the year-ago period, according to a CNBC-TV18 poll.
Oil and Natural Gas Corporation (ONGC) is expected to report a profit of Rs 6,000 crore on revenue of Rs 21,000 crore, according to the average of estimates of analysts polled by CNBC-TV18. The state-run oil & gas explorer will announce its earnings on May 28.
Kitchen appliances manufacturer TTK Prestige missed street expectations on Wednesday with the fourth quarter profit falling 63 percent year-on-year to Rs 9.7 crore. Higher inventories, weak operational performance and slow sales growth impacted the bottomline.
Bharat Petroleum Corporation's (BPCL) profit is likely to be at Rs 2,003.5 crore, down 50.7 percent compared to Rs 4,068.4 crore in the year-ago period, according to a CNBC-TV18 poll. The company will announce its earnings on May 28.
Taro Pharmaceutical Industries's fourth quarter net income grew by 70 percent to USD 152.3 million compared to USD 89.6 million in the year-ago period. Higher revenue, operational performance and forex income helped the bottomline.
Public sector lender Indian Overseas Bank's fourth quarter profit fell 86.8 percent year-on-year to Rs 35.5 crore compared to Rs 268.3 crore in the year-ago period.
Hindustan Unilever (HUL) matched street estimates on Friday with the fourth quarter profit rising 16.7 percent year-on-year to Rs 1,018 crore compared to Rs 872 crore in the year-ago period.
Punjab National Bank (PNB) disappointed street on Friday with the fourth quarter profit falling 61.9 percent year-on-year to Rs 307 crore, dented by lower net interest income.
FMCG major Hindustan Unilever (HUL) will report its quarterly earnings on Friday. Profit after tax is expected to increase 9.8 percent to Rs 958 crore for the quarter ended March compared to Rs 872 crore in the year-ago period, according to a CNBC-TV18 poll.
Punjab National Bank (PNB) is expected to report a 8 percent growth each in net profit and net interest income for the quarter ended March, according to the average of estimates of analysts polled by CNBC-TV18. The PSU bank will announce its earnings on Tuesday.
For the full fiscal ended March 31, 2015, company's net profit rose by over two-and-a half times to Rs 187.66 crore.
FMCG major Marico's fourth quarter consolidated net profit grew by 24 percent to Rs 110 crore compared to Rs 88.8 crore in the corresponding quarter of last fiscal. Profit and revenue met street expectations but operational performance missed estimates.