- 29 May 1506:08 PMSun Pharmaceutical Industries today posted a consolidated net profit of Rs 888.05 crore for the fourth quarter ended March 31, mainly due to Ranbaxy merger impact and price erosion in some products in the US.06:06 PMTriggered by a sharp decline in sugar prices, large mills in this business, barring Shree Renuka Sugars (SRS), reported deepening of losses for the quarter ended March 31, 2015. Sugar companies in profit zone also posted a steep fall in their06:00 PMWeak rural demand has impacted Mahindra & Mahindra's performance in the March quarter. M&M's tractor volumes declined 30% year-on-year and auto volumes declined 12%.03:35 AMCoal India (CIL) managed to provide some cheer in an otherwise subdued quarter for metal and mining companies.02:44 AMOil marketing companies (OMCs) namely Bharat Petroleum Corporation (BPCL) and Hindustan Petroleum Corporation (HPCL) reported better than expected results for the March 2015 quarter.
- 28 May 1509:36 PMHindalco is yet another company to be struck by a one-time exceptional item in the March quarter.05:36 AMThe quarterly performance of capital goods maker Bharat Heavy Electricals Ltd (BHEL) reiterates the common refrain that there’s little change on the ground. Revenue declined 16 per cent to Rs 12,690 crore.03:45 AMGAIL reported a dismal set of numbers for the quarter ending March 2015. Immense losses suffered by the petrochemical segment and the lower trading/marketing margins had a sharp bearing on its performance, which came in below Street expectations.02:48 AMThe biggest company in the world signed the biggest corporate procurement deal earlier this year: in February 2015, Apple said it would invest $848 million to procure solar energy over a 25-year period.02:46 AMIt may not be long before India's telecom market is shaken up by the launch of Reliance Industries' 4G wireless broadband service.02:44 AMAdam Jonas, a New York-based analyst who scrutinises car companies for investment bank Morgan Stanley, has a chart that he says will "occupy the remainder of my professional life.02:28 AMAll hands are on deck at Nestle India as it grapples with possibly its biggest crisis in three decades.12:41 AMA limited line-up, short distribution reach, slowing demand and an adverse import tax policy have affected sales of Jaguar Land Rover (JLR) in China, which was single-handedly pushing profits of the two luxury British brands for several quarters.12:23 AMZishaan Hayath loves travel and photography. But, of late, the founder and chief executive officer of Toppr.com has kept his first love waiting.
- 27 May 1507:15 PMEssar Steel, which has been in the news after HDFC Bank sold a loan down to asset reconstruction companies, has taken a series of steps to strengthen its balance sheet.07:46 AMAcquisitions, cross currency movement, wage hikes and soft quarter impacted Tech Mahindra’s results for the three months ending March 2015. Tech Mahindra disappointed the Street, as consolidated net profit for the quarter at Rs 472 crore was down 2305:58 AMGood times are back for Bengal's showpiece industrial project Haldia Petrochemicals (HPL).04:36 AMFor a consecutive year, Tata Motors has sprung a nasty surprise on investors with March quarter numbers. Like the corresponding quarter last year, higher depreciation expenses have hurt profitability this year, too.03:43 AMDivi’s Laboratories performance in March’15 quarter was impressive looking at the margin expansion. Operating profit margins in the December ’14 quarter had disappointed the street.02:55 AMAfter an exciting FY15 with stellar returns, Lupin suddenly finds itself being surrounded with question marks over its earnings potential in the current year.