City Union Bank said the board has approved bonus issue in the ratio of 1:10, i.e. one equity share for every 10 equity shares held as on record date.
The company had posted a net profit of Rs 27.84 crore during the same period last fiscal.
The company had posted a net profit of Rs 95.23 crore in the January-March period a year-ago, Godrej Industries said in a BSE filing.
This is against a net profit of Rs 53.6 crore in the year-ago period, KPIT said in a BSE filing.
The company had posted a net profit of Rs 31.67 crore during the January-March period of previous fiscal, Eros International Media said in a regulatory filing.
Naresh Goyal-promoted Jet Airways today reported a standalone net loss of Rs 1,036 crore in the March quarter due to rise in oil prices and weaker rupee.
Infrastructure term lender IFCI Ltd reported a 78 percent rise in its standalone net loss to Rs 566.64 crore in the last quarter ended March 2017-18, due to higher provisioning for bad loans and write off.
MEP Infrastructure Developers today witnessed its net profit more than double to Rs 26.59 crore for the quarter ended March 2018. The company had clocked a net profit of Rs 12.04 crore in the corresponding quarter of the preceding fiscal.
Bayer CropScience today reported a net loss of Rs 12.9 crore for the fourth quarter of the 2017-18 fiscal. Its net loss stood at Rs 36.1 crore in the same quarter of the previous fiscal, according to a regulatory filing.
Jain Irrigation Systems today reported a 29.28 percent jump in its standalone net profit to Rs 159.44 crore in the fourth quarter of fiscal 2017-18, mainly on the back of higher sales. Its net profit stood at Rs 123.32 crore in the same quarter previous fiscal, the company said in a regulatory filing.
LTI reported revenue of Rs 20,012 million, and net income of Rs 2,894 million, a growth of 2.3 percent from the previous quarter.
PNC Infratech today reported over three-fold jump in standalone net profit at Rs 111.52 crore during March quarter, on higher income. The company had clocked Rs 33.74 crore net profit during the same quarter a year ago.
Ramco Cements today reported its standalone net profit at Rs 108.59 crore for the fourth quarter ended March 2018. The company had posted a net profit of Rs 134.47 crore in the January-March quarter a year-ago, Ramco Cements said in a BSE filing.
On the asset quality front, gross non-performing assets as a percentage of gross advances were higher at 7.35 percent against 6.96 percent, but net NPA were lower at 3.19 against 4.08 percent on sequential basis.
EBITDA or operating profit was up 61 percent at Rs 844 crore and margin was at 18.34 percent.
The company's valuations are quite reasonable, particularly in light of growth, opportunities in the sector and strong return ratios.
EBITDA profit for the quarter stood at Rs 4.2 crore against loss of Rs 203.6 crore in year-ago quarter.
Revenue growth remained strong but operational performance was not that great.
The company, which makes writing and printing paper, had posted a net loss of Rs 243.37 crore in the same period previous fiscal.
Net profit was 17.48 billion rupees ($257.04 million) in the three months ended March 31, compared with 18.19 billion rupees a year earlier, the company said on Tuesday.
Public sector lender Andhra Bank today said it suffered Rs 2,636 crore loss for the quarter ended March 31 2018 due to higher provisioning for bad loans.
Dr Reddy's Laboratories Limited today said its consolidated net profit for the quarter ended March 31, 2018 was down by three percent to Rs 302 crore against Rs 312.5 crore in the same quarter in FY 17, primarily due to price erosion in USA and seasonal issues in the Russian market.
The total provisions during the year (of which the most would be for NPAs) increased from Rs 43,611 crore to Rs 105,150 crore — an increase of a whopping 141%, the report further stated.
L&T Technology Services today reported a 65 percent surge in its March quarter net at Rs 151.9 crore on a surge in core revenues.
Dhanuka Agritech today posted 14.65 percent jump in standalone net profit at Rs 28.64 crore for the fourth quarter of 2017-18 financial year. Net profit in the year-ago period stood at Rs 24.98 crore, the company said in a regulatory filing.