Bharati Airtel’s loss doubles to Rs 1,377.8 crore in March quarter

Telecom operator Bharti Airtel Thursday said its average revenue per user was up 6.5 per cent to Rs 123 in the January-March quarter which is still not at a... Read more »

Berger Paints goes up on good Q4 numbers, drop in crude oil prices

Shares of Berger Paints went over 8 percent in the early trade on Friday on good fourth-quarter results and steep fall in crude oil prices. The company recorded a... Read more »

Power Grid reports a 52 per cent increase in profits for Q4 19

State-run Power Grid Corporation on May 29 recorded a 52 percent jump in standalone net profit at Rs 3,053.56 crore in March quarter, mainly on the back of higher revenues. The... Read more »

GMR Infrastructure incurs loss of Rs 2,341 crore in March quarter

GMR Infrastructure suffered Rs 2341.25 crore loss on consolidated basis for the quarter ended March 31, backed by losses of some of the power assets, the infra major said... Read more »

SpiceJet’s Q4 profit up 22%, doesn’t meet target estimates

SpiceJet Ltd’s March quarter has seen a net profit increase of 22% from a year ago, despite the grounding of its Boeing 737 Max aircraft. However, the numbers still... Read more »

Sun Pharma Q4 profit dropped 53% to Rs 635.9 crore for the March quarter

Drug major Sun Pharmaceutical Industries on Tuesday recorded a 53% decline in consolidated net profit at ₹636 crore for the fourth quarter ended on March 31, 2019. The company had posted... Read more »

NMDC Q4 profit up 31% to Rs 1,453 crore for the March quarter

State-owned miner NMDC Tuesday recorded an over 31 per cent rise in standalone net profit at Rs 1,453.77 crore for quarter ended March 31, 2019. The company had reported... Read more »

GAIL reports 20% increase in Q4 net profit; recommends 1:1 bonus

State gas utility GAIL India on Monday recorded a 20 percent rise in its March quarter net profit as margins on natural gas sales and transmission more than made up for... Read more »

Mphasis Q4 net profit up 11.9 per cent to Rs 266 crore, recommends dividend of Rs 27 per share

Mphasis reported an 11.9 per cent increase in consolidated net profit to Rs 266.14 crore in the March 2019 quarter. The company’s net profit was at Rs 237.67 crore... Read more »

OMC margins see a 150-170 bps drop in fiscal 2019 says Crisil report

Thinner spreads1 and rising under-recoveries are expected to shave the operating profit margins of oil marketing companies (OMCs) by 150-170 basis points (bps) this fiscal, even as crude prices... Read more »