NTPC's net profit rose 10.2% to Rs 2861.28 crore on 19% increase in net sales to Rs 18779.39 crore in Q3 December 2013 over Q3 December 2012.
Meanwhile, NTPC's board of directors at its meeting held on 28 January 2014 recommended an interim dividend of Rs 4 per share for the financial year ending 31 March 2014. The date of payment/dispatch of dividend shall be 10 February 2014, NTPC said.
On a consolidated basis, Sesa Sterlite's net profit surged 276.12% to Rs 1868.29 crore on 7802.57% spurt in total income to Rs 19912.90 crore in Q3 December 2013 over Q3 December 2012.
The figures do not compare with the corresponding period of the previous year as the merger of Sterlite Industries (India) and Sesa Goa, both owned by Vedanta Group, to form Sesa Sterlite took effect in August 2013.
Mr. Anil Agarwal, Chairman: "The Sesa Sterlite merger was completed a few months ago, and the merged company has delivered a strong set of results, benefiting from its scale and diversification. We have record production of oil & gas and copper. We continue to focus on driving value-accretive growth across our portfolio of long-life assets and this, combined with efficient cost management has positioned us well to deliver superior returns for our shareholders."
ICICI Bank, Bharti Airtel, GAIL (India), Crompton Greaves, Indian Overseas Bank, Brigade Enterprises, Deepak Fertilisers & Petrochemicals Corporation, GHCL, Godrej Properties, Havells India, India Infoline, Indoco Remedies and Jagran Prakashan, among others, will announce their October-December 2013 earnings today, 29 January 2014.
Reliance Power after market hours on Tuesday, 28 January 2014 said that commercial operation has commenced at the second 660 megawatt unit of the 3,960 megawatt (6X660 megawatt) Sasan Ultra Mega Power Plant (UMPP) being developed by Sasan Power, a wholly owned subsidiary of the company.
Ind-Swift Laboratories said after market hours on Tuesday, 28 January 2014 that a meeting of the board of directors of the company will be held on 3 February 2014, inter alia, to consider and approve, allotment of equity shares to the promoter directors and promoter group company as approved by the shareholders in its Annual General Meeting held on 30 September 2013 in terms of corporate debt restructuring (CDR) package of the company.
Bharat Electronics turns ex-dividend today, 29 January 2014, for the interim dividend of Rs 6 per share for the year ending 31 March 2014.
R S Software (India) turns ex-dividend today, 29 January 2014, for the interim dividend of Rs 1 per share for the year ending 31 March 2014.
Automobile Corporation of Goa turns ex-dividend today, 29 January 2014, for the interim dividend of Rs 2.50 per share for the year ending 31 March 2014.
Net profit of PTC India Financial Services rose 278.68% to Rs 106.90 crore in the quarter ended December 2013 as against Rs 28.23 crore during the previous quarter ended December 2012. Operating income rose 184.30% to Rs 194.80 crore in the quarter ended December 2013 as against Rs 68.52 crore during the previous quarter ended December 2012.
Net profit of Shalimar Paints declined 67.16% to Rs 1.54 crore in the quarter ended December 2013 as against Rs 4.69 crore during the previous quarter ended December 2012. Sales declined 1.46% to Rs 127.57 crore in the quarter ended December 2013 as against Rs 129.46 crore during the previous quarter ended December 2012.
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