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Q1FY17

India Inc's sales growth slows to 0.1%

India Inc's sales growth slows to 0.1%

Thu, Oct 27, 2016

RBI said, "Expenditure, at the aggregate level, continued to contract, though at a lower rate as compared with the previous quarter. This resulted in a slowdown in operating profit at the aggregate level."

Rcom's net profit declines by 6% on migration of CDMA customers to 4G LTE

Rcom's net profit declines by 6% on migration of CDMA customers to 4G LTE

Wed, Sep 14, 2016

June quarter result was impacted by migration of CDMA (code division multiple access) customers to 4G LTE, said the company.

NBCC net profit rises by 12% to Rs 46 crore

NBCC net profit rises by 12% to Rs 46 crore

Wed, Sep 14, 2016

The company reported consolidated net profit of Rs 46.20 crore for the June quarter ended 2016 (Q1FY17), registering a rise of 12.24% from Rs 41.16 crore in the corresponding period of the previous year.

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Jaiprakash Associates' net loss widens to Rs 604 crore

Jaiprakash Associates' net loss widens to Rs 604 crore

Fri, Sep 09, 2016

The company's net loss widened to Rs 604.20 crore in Q1FY17 from Rs 483.60 crore in the corresponding period of the previous year.

ONGC records 21% decline in net profit to Rs 4233 crore

ONGC records 21% decline in net profit to Rs 4233 crore

Wed, Sep 07, 2016

On segment wise revenue break-up, the offshore business was at Rs 12,542.65 crore, declining by 22.26% yoy, while onshore was at Rs 5242.10 crore, down by 19.26% yoy.

Oil India's net profit declines by 33% on weak segment performance

Oil India's net profit declines by 33% on weak segment performance

Tue, Sep 06, 2016

Oil India reported weak June quarter ended 2016 (Q1FY17) performance led by decline in crude oil, natural gas and liquified petroleum gas (LPG) segment.

Petronet LNG's net profit rises by 55%

Petronet LNG's net profit rises by 55%

Mon, Sep 05, 2016

The operating porfit (EBITDA) stood at Rs 642.48 crore, increasing by 80.51% yoy and 40.25% qoq. While its operating profit margin was at 12.03%, expanding by 779 basis points (bps) yoy and 449 bps qoq.

Inox Wind's net profit declines by 80%

Inox Wind's net profit declines by 80%

Fri, Sep 02, 2016

Inox Wind - Indian wind energy service provider, reported disappointing Q1FY17 performance on adoption of Indian Accounting Standards (Ind-AS).

BPCL's net profit rises by 11% to Rs 2620.50 crore

BPCL's net profit rises by 11% to Rs 2620.50 crore

Wed, Aug 31, 2016

BPCL reported net profit of Rs 2620.50 crore, a rise of 11% from Rs 2360.66 crore in the corresponding period of the previous year.

Cox & Kings consolidated net profit declines by 24% to Rs 108 crore

Cox & Kings consolidated net profit declines by 24% to Rs 108 crore

Tue, Aug 30, 2016

Peter Kerkar, Director of Cox & Kings said," We have posted robust results despite a series of adverse events in Europe, a weaker rupee against the euro and the dollar and are poised to grow substantially across business lines."

Shines in Q1FY17: DLF's net profit rose two-times higher to Rs 261 crore

Shines in Q1FY17: DLF's net profit rose two-times higher to Rs 261 crore

Mon, Aug 29, 2016

The real estate-giants consolidated net profit clocked over two-folds jump to Rs 261.42 in Q1FY17 against Rs 125.87 crore in the corresponding period of the previous year.

Wipro - Stibo System tie up to offer MDM solutions

Wipro - Stibo System tie up to offer MDM solutions

Mon, Aug 29, 2016

As a part of the partnership, Wipro and Stibo also plans to set-up a state-of-the-art MDM centre of excellence (CEO) in Bangalore to showcase industry best prectices, standards and guidelines that can be leveraged for customer projects.

Tata Power Q1 net profit declines by 76% on adoption of Ind-As; shares down by 3%

Tata Power Q1 net profit declines by 76% on adoption of Ind-As; shares down by 3%

Tue, Aug 23, 2016

Tata Power - India's largest integrated power company reported consolidated net profit of Rs 72.49 crore for quarter ended June, 2016, witnessing decline of 76.08% from Rs 303.14 crore in the corresponding period of the previous year.

Banks' profits more than halve in Q1, NPAs nearly double

Banks' profits more than halve in Q1, NPAs nearly double

Fri, Aug 19, 2016

The bank's gross-NPA's have jumped higher to 8.50% from 4.63% of 2015 and 3.97% of 2014. In this quarter, the gross-NPA in terms of value was at Rs 6,29,774 crore, increasing by 96.46% from Rs 3,20,554 crore in 2015.

India Cements net profit rises 16% in Q1; Shares up by 5%

India Cements net profit rises 16% in Q1; Shares up by 5%

Thu, Aug 18, 2016

The company's operating profit was at Rs 204.61 crore, rising by 2.08% year-on-year (yoy). It's operating profit (OPM) margin was at 16.96%, expanding by 62 basis points yoy.

Power Grid's net profit rises by 33%; shares up

Power Grid's net profit rises by 33%; shares up

Tue, Aug 16, 2016

Power Grid reported net profit of Rs 1801.77 crore for the quarter ended June 2016 (Q1FY17), a rise of 32.90% from Rs 1355.64 crore in the similar quarter of the previous year.

Reliance Capital net profit misses estimates

Reliance Capital net profit misses estimates

Sat, Aug 13, 2016

It's life insurance segment has supported in boosting the top-line, as Reliance Nippon Life Insurance company became a subsidiary of the company, which was effective from start of the current financial year.

Wockhardt net down 83% at Rs 16 crore; India business grows 10%

Wockhardt net down 83% at Rs 16 crore; India business grows 10%

Sat, Aug 13, 2016

The company’s India business grew by 10% in the quarter led by continued new products launches and focused strategies on various therapies, the company said in a notification to BSE. In April-June, 11 new projects were launched in India.

IT sector slows in Q1 but low debt to save the day this fiscal

IT sector slows in Q1 but low debt to save the day this fiscal

Sat, Aug 13, 2016

Major Indian IT companies had a sluggish first quarter in the current fiscal year 2017 (FY17), a performance that was expected, say the experts and analysts at India Ratings.

Glenmark Pharma net profit rise 24%; Europe segment major contributor

Glenmark Pharma net profit rise 24%; Europe segment major contributor

Fri, Aug 12, 2016

Glenn Saldanha, Chairman & MD, Glenmark Pharmaceuticals said, “In the first quarter of this financial year, nearly all our businesses have rebounded strongly and we have seen good growth across all operating regions except Latam.

Adani Enterprises consolidated net profit remains flat at Rs 364 crore

Adani Enterprises consolidated net profit remains flat at Rs 364 crore

Wed, Aug 10, 2016

Gautam Adani, Chairman of Adani Group said, "Adani Enterprises continue to focus on the sectors of national interest through presence in critical and often under penetrated spaces."

Mahindra & Mahindra reports 12% rise in net profit; shares down

Mahindra & Mahindra reports 12% rise in net profit; shares down

Wed, Aug 10, 2016

M&M said on exchange that, "led by the positive outlook on consumer demand as well as renewed reform efforts by the government in recent months, business confidence is now ticking up and could lead to recovery in private capital expenditures towards the last quarter of this fiscal."

Lupin shares fall despite 55% rise in Q1 net profit

Lupin shares fall despite 55% rise in Q1 net profit

Tue, Aug 09, 2016

Commenting on the results, Nilesh Gupta, Managing Director, Lupin Limited, said “This was a record quarter, driven by robust growth across all our key markets – the United States, India and Japan. We remain committed to maintaining our growth trajectory given new product launches and approvals driven by strategic investments in technology and research.”

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