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Tata Steel’s net profit for the quarter stood at Rs 3604.2 crore compared with last year’s profit of Rs 976 crore.
Naukri.com growth could sustain if IT companies continue hiring and the economy grows at 7 to 7.5%, says Info Edge CEO.
Jet Airways reported a net standalone loss of Rs 1,297 crore in quarter ended September.
Coal India’s net profit rose over eight times year-on-year to Rs 3,084.7 crore.
Costlier raw material and higher employee benefits weighed on the maker of Royal Enfield motorcycles.
Titan’s net profit rose 3 percent year-on-year in the July-September quarter to Rs 314.4 crore.
State Bank Of India’s profit was aided by a one-time gain from sale of investment in certain businesses.
Net profit rose 8 percent year-on-year to Rs 2,309.5 crore, in line with the estimate pegged by analysts tracked by Bloomberg.
Cipla’s profit fell 11 percent year-on-year to Rs 377 crore during the July-September period.
GAIL’s net profit rose 56 percent sequentially to Rs 1,963 crore in the July-September quarter.
OMCs’ performance was marred by lower inventory gains and higher forex losses.
Hindalco Industries’ net profit rose 54 percent year-on-year to Rs 725 crore for the July-September period.
The performance of NSE and BSE diverged in the quarter ended September.
Other income nearly quadrupled, aiding the bottom line.
Hindustan Petroleum’s net profit fell 36.5 percent sequentially to Rs 1,092 crore in the July-September period.
Hindalco’s U.S. unit Novelis Inc. reported a drop in second-quarter earnings from a year earlier.
Axis Bank’s net profit rose 83 percent over last year to Rs 790 crore.
Net profit of the state-run power producer was flat year-on-year at Rs 2,426 crore in the September-ended quarter.
Punjab National Bank’s net loss stood at Rs 4,532 crore in September quarter against a profit of Rs 560.6 core a year ago.
Indian Oil’s profit fell more than 50 percent to Rs 3,250 crore.
Housing Development Finance Corporation Ltd.’s profit for the quarter ended September met estimates.
Bharat Petroleum’s refining margins were hurt by slower inventory gains and a weaker rupee.
Nearly 85 percent of Bank of Baroda’s exposure to IL&FS was through special purpose vehicles, said CEO PS Jayakumar.
Analysts remain upbeat on Larsen & Toubro’s improved order execution in the quarter ended September.