Bharti Airtel will be watched after Q1 results

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Capital Market
Last Updated : Jul 27 2018 | 9:04 AM IST

On a consolidated basis, Bharti Airtel's net income fell 73.5% to Rs 97 crore on 8.6% decline in total revenues to Rs 20080 crore in Q1 June 2018 over Q1 June 2017. The result was announced after market hours yesterday, 26 July 2018.

ITC's net profit rose 10.1% to Rs 2818.68 crore on 6.9% increase in net sales to Rs 10554.66 crore in Q1 June 2018 over Q1 June 2017. The result was announced after market hours yesterday, 26 July 2018.

Hindalco Industries announced that its wholly-owned subsidiary, Novelis Inc, announced signing of a definitive agreement to purchase Aleris Corporation, a global aluminium rolled products major, headquartered in the United States, for $2.58 billion in a debt finance deal. The announcement was made after market hours yesterday, 26 July 2018.

Adani Ports and Special Economic Zone (APSEZ), India's leading port infrastructure developer and part of the Adani Group, said it had signed a long term agreement with GAIL (India), the state run gas company, to provide Liquefied Natural Gas (LNG) regasification services on a use or pay basis, at its upcoming LNG import terminal at Dhamra in Odisha. As per the contract, GAIL India has booked 1.5 million tonnes per annum (MTPA) regasification capacity for a period of 20 years. GAIL plans to supply the gas to its portfolio of customers located in the eastern region and along the under development Jagdishpur- Haldia gas grid. The announcement was made after market hours yesterday, 26 July 2018.

On a consolidated basis, Biocon's net profit rose 47.23% to Rs 119.70 crore on 21.18% increase in net sales to Rs 1123.80 crore in Q1 June 2018 over Q1 June 2017. The result was announced after market hours yesterday, 26 July 2018.

On a consolidated basis, Tata Coffee's net profit fell 30.48% to Rs 31.22 crore on 14.84% increase in net sales to Rs 422.16 crore in Q1 June 2018 over Q1 June 2017. The result was announced after market hours yesterday, 26 July 2018.

Reliance Industries, HCL Technologies and ICICI Bank will declare April-June 2018 result today, 27 July 2018.

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First Published: Jul 27 2018 | 8:31 AM IST

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