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RIL Q1 net up 1.2%, GRM at 6-year high, petchem biz strong

RIL Q1 net up 1.2%, GRM at 6-year high - If and What

Reliance Industries ‘s first quarter standalone net profit rose by 1.2 percent quarter-on-quarter to Rs 6,318 crore compared to Rs 6,243 crore in March quarter. Total income from operations grew by 17.4 percent to Rs 65,817 crore from Rs 56,043 crore during the same period. “Financial performance reflects the benefits of integrated hydrocarbon chain activities […]

DLF Q4 net may fall 29% on high interest costs

DLF Q4 net may fall 29% on high interest costs

DLF’s net profit is likely to fall 29 percent to Rs 156 crore in January-March quarter from Rs 219.68 crore in corresponding quarter last fiscal. Revenue is seen almost flattish with 7 percent rise at Rs 2109 crore versus Rs 1969.4 crore year-on-year. EBITDA is likely to be up 28 percent at Rs 861.5 crore […]

Relaxo Footwears soars 14% on robust Q4

Relaxo Footwears soars 14% on robust Q4

Shares of Relaxo Footwears jumped 14 percent intraday on Monday ridding high on its robust March quarter earnings. The footwear manufacturer’s Q4 net profit jumped a whopping 96 percent to Rs 42.7 crore from Rs 21.8 crore on yearly basis. Its revenue also expanded 18 percent at Rs 440 crore versus Rs 373 crore in […]

Biocon Q4 net jumps 78% to Rs 201 cr

Biocon Q4 net jumps 78% to Rs 201 cr

Biocon ‘s fourth quarter profit after tax climbed 78 percent year-on-year to Rs 201 crore led by exceptional gains of Rs 105.06 crore (on account of sale of shares of Syngene). Overall it was a pleasant surprise on earnings as the street was expecting another dismal quarter but numbers were better than expectations. Though the […]

Bharti Airtel cons profit slips 12.6% q-o-q

Bharti Airtel cons profit slips 12.6% q-o-q

Telecom major Bharti Airtel ‘s consolidated net profit fell 12.6 percent to Rs 1255.3 crore in the March quarter compared with Rs 1436.5 crore in the December quarter. The country’s largest telecom operator had reported net profit of Rs 962 crore in the year-ago period. Consolidated revenue during the period stood at Rs 23015.5 crore, […]

Idea Cellular Q4 net up 22.8% q-o-q

Idea Cellular Q4 net up 22.8% q-o-q

Idea Cellular ’s consolidated March quarter net profit rose 22.8 percent to Rs 942 crore, compared to the December quarter. Consolidated quarterly revenues rose 5.1 percent to Rs 8422.5 crore sequentially. The numbers beat a CNBC-TV18 poll estimates of Rs 840 crore and Rs 8396 crore respectively. “Due to the changes in the TRAI Interconnect […]

Maruti Suzuki Q4 net seen up 43%

Maruti Suzuki Q4 net seen up 43%

Maruti Suzuki ‘s fourth quarter profit after tax is seen rising a whopping 43 percent year-on-year to Rs 1,145 crore compared to Rs 800 crore in the year-ago period led by operating performance, according to a CNBC-TV18 poll. Revenue is likely to increase 10.3 percent to Rs 13,350 crore in the quarter ended March 2015 […]

Reliance Industries (RIL) Q4 profit jumps 22.8% to Rs 6243 cr

reliance Industries(RIL)

Reliance Industries ‘s fourth quarter standalone net profit surpassed street expectations on Friday, rising 22.8 percent sequentially (up 10.9 percent on yearly basis) to Rs 6,243 crore driven by strong operational performance in refining business. Analyst  had expected profit at Rs 6,000 crore for the quarter. However, revenue during the quarter missed street expectations, down 30.1 […]

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