MakeMyTrip Group Vice President-Taxation Tajinder Singh said, in case a tour package is booked from the e-commerce portal, the company will take an undertaking from its customers, on whether the total amount remitted abroad so far has exceeded the threshold of Rs 7 lakh in the fiscal year.
The company had reported a net loss of Rs 2.53 crore for the corresponding quarter last year, it said in a statement.
The company had posted a net profit of Rs 39.63 crore for the corresponding period of the previous fiscal.
State-owned NHPC today reported a 7.47 per cent rise in standalone net profit at Rs 857.82 crore for the quarter ended June 30, 2016.
The company had posted a net loss of Rs 0.07 crore for the corresponding quarter a year ago, Crompton Greaves Consumer Electricals Ltd (CGCEL) said in a BSE filing.
Videocon Industries net sales on a standalone basis during the quarter under review were down 1.62 percent at Rs 3,084.13 crore as against Rs 3,135.14 crore in the same period last fiscal.
Emkay is bullish on SRF and has recommended buy rating on the stock with a target price of Rs 1390 in its research report dated Feburary 11, 2016.
The company had posted a net profit of Rs 22.31 crore in the same period of the previous fiscal, Unichem Laboratories said in a filing to BSE.
Total income from operations plunged 92 percent to Rs 20.88 crore during the quarter compared to Rs 266 crore in same quarter last year.
Generally, green shoe option is a special provision in a prospectus, which allows underwriters to sell investors more shares than originally planned by the issuer.
Bombay Dyeing's net sales on standalone basis fell 33.78 percent to Rs 745.77 crore as against Rs 1,126.25 crore in March quarter of the previous fiscal. For the full fiscal, company's net profit marginally rose 0.90 percent to Rs 24.56 crore from Rs 24.34 crore in the year-ago period.
Consolidated total income has decreased to Rs 84.77 crore in the March quarter of 2014-15 fiscal, from Rs 95.34 crore in the quarter ended March 31, 2014, the company said in a filing to the BSE.
For the financial year ended March 2015, Somany Ceramics' net profit on consolidated basis rose 73.22 percent to Rs 45.94 crore as against Rs 26.52 crore in the previous fiscal.
The company reported consolidated EBITDA margin at 35 percent in the fourth quarter FY15, against 33.7 percent QoQ. Consolidated EBITDA beat estimate (Rs 7,979 crore) to come in at Rs 8050.5 crore during the period versus Rs 7827.6 crore in the December quarter.
The company had posted a net profit of Rs 53.46 crore for the October-December period of the 2013-14 fiscal. Standalone total income from operations of the company also rose to Rs 573.54 crore for the third quarter, as against Rs 479.94 crore in the same period year ago, Abbott India said in a filing to BSE.
Jaguar Land Rover's profit is expected to rise 22 percent year-on-year, while revenue is seen up 8 percent. However, Tata Motors' standalone operations are likely to report a loss of Rs 400 crore, while revenue is seen down 18 percent.
M Radhakrishnan, Co-founder & MD, Autoline Industries said they aim at imrpoving their bottomline through various measures like cost cutting, innovation, debt reduction etc.
Tata Motors' consolidated profits have sky rocketed in recent years since the turnaround of its British luxury Jaguar Land Rover unit. However, its domestic business has been a drag this year and plunged to a wider-than-expected loss of Rs 458 crore in the third quarter.
Brokerages remain bullish on Tata Motors, despite, the India's largest commercial vehicle maker, reporting disappointing earnings for the third quarter.
Most analysts maintained a "buy" rating on Tata Motors, despite disappointing second quarter results, sending the stock up 4 percent on Thursday. The street particularly cheered the strong growth at the company's British Jaguar Land Rover unit, even as a slowdown in standalone business dragged overall earnings.
Tata Motors slumped over 5% Friday as investors dumped shares on disappointing standalone results and concerns over domestic growth in the current fiscal.