Speaking to CNBC-TV18, Chandra Kumar Dhanuka, MD of the company says that margins will remain at current level in coming quarters.
Aditya Krishna, CMD of the company, told CNBC-TV18 that the rise in other income is largely due to forex. The company‘s 45 percent revenues comes from its US and UK business.
The company, which operates retail chains such as Shoppers Stop, HomeStop, Crossword, Mothercare and Hypercity had posted a net profit of Rs 13.77 crore in October-December quarter a year-ago.
The company had clocked a net profit of Rs 9.65 crore in the year ago period. Total income during the October-December quarter of current fiscal declined to Rs 101.79 crore from Rs 105.78 crore in the year ago period.
"The bank has estimated and provided an amount of Rs 423.18 crore towards the same during the nine months ended December 2015," the bank's Chief Executive and Managing Director Arun Shrivastava told reporters here.
The company's net profit in the corresponding period of last fiscal was Rs 89.31 crore, Gujarat Pipavav Port said in a regulatory filing.
Speaking to CNBC-TV18, Sajjan Bhajanka, Chairman of the company says that FY16 revenue and earnings before interest, tax, depreciation and amortization (EBITDA) is likely to remain flat.
The microfinance company had a net profit of Rs 41 crore in the similar quarter of the previous fiscal.
Its total income from operations during the period under review was up 1.89 per cent at Rs 1,014.85 crore, as against Rs 996.01 crore of the year-ago period, Colgate-Palmolive India said in a filing to the BSE.
The company had posted a profit of Rs 45.61 crore for the October-December quarter of the last fiscal.
Speaking to CNBC-TV18, SK Sangar, Managing Director of the company said that gross non-performing loans (NPLs) have been flat in the quarter gone-by with no slippages or retsructured accounts.
In a filing to the BSE, the company informed that the Board of Directors of the company at its meeting has "approved availing of loan facility through Commercial Paper Programme with the existing bankers of the Company not exceeding Rs 150 crore".
Income from operations rose to Rs 664.36 crore during the quarter under review as against Rs 652.11 crore in the corresponding period.
In a filing to the BSE, the company informed that the Board of Directors of the company at its meeting held today has "approved availing of loan facility through Commercial Paper Programme with the existing bankers of the Company not exceeding Rs 150 crore".
Financial sector conglomerate Reliance Capital today reported 10.3 per cent rise in net profit at Rs 235 crore for the third quarter of 2015-16, helped by growth in mutual fund and broking business.
Gati posts 32 pc fall in Oct-Dec quarter profit
Total income from operations during the October-December quarter of the current fiscal declined to Rs 311.11 crore as against Rs 388.18 crore in the same period last fiscal, the company said in a BSE filing.
Till now, the company, which supplies dairy products to institutional customers such as MNCs and Indian firms, had been selling its products under the brand name Dairy Best.
Total income has fallen to Rs 15,213.4 crore, from Rs 15,706.6 crore a year ago, Amtek Auto said in a BSE filing. For the quarter ended September, it reported a stand-alone net loss of Rs 158.62 crore as against a net profit of Rs 74.37 crore in the same period of the previous fiscal.
The company‘s prototype of Mainline Electric Multiple Unit (MEMU) has got approved and deliveries have started in Q3, said Umesh Chowdhary, VC & MD, Titagarh Wagons.
Speaking to CNBC-TV18, Ekta Kapoor, Joint MD of Balaji Telefilms said that the production house will add two new television shows in the next quarter.
The company had posted a net profit of Rs 33.52 crore in the year-ago period. Total income declined to Rs 98.85 crore in the July-September quarter of current fiscal from Rs 208.39 crore in the same period of the last fiscal, as per the company's BSE filing.
The added capacity helped in increasing production by 55 to 60 percent and volume growth of nearly 50 percent in the Q2, Dinesh Nolkha, Managing Director at Nitin Spinners said.
Manoj Mishra, CMD, NFL in an interview to CNBC-TV18 said lower profits were mainly due to distortion in deferred tax; however he expects to clock a profit before tax of around Rs 150 crore in FY16.
The National Aluminium Company (NALCO), a Navratana CPSE under the administrative control of Ministry of Mines, had clocked a net profit of Rs 341.52 crore in the year-ago period, it said in a BSE filing.