However, net sales during the period under review was up by 17.1%
Quarterly PAT slips 41% from Rs 226 cr to Rs 133 cr
Net sales grew by over fourfold to Rs 49,819.13 crore in the October-December quarter this fiscal
ONGC's scrip went down by 5.67 per cent to hit its one-year low of Rs 191.30 on BSE
Revenue declined 22% to Rs 1,076 cr as US business continues to be impacted due to regulatory concerns
Firm expects natural gas prices to come down by 15% beginning 1 April
Good JLR sales in other markets offset slowing in China; India biz grew at healthy pace
Hero's margins during the quarter increased to 15.63% as against 12.02% reported in the same period a year ago
Total income from operations grew 41% at Rs 276 cr
Revenue down 2.3% to Rs 18,547 crore on falling oil prices
Company posted a consolidated net profit of Rs 98.98 crore in the second quarter of the current fiscal after a gap of three years
Bank attributes the fall to higher provisional coverage
Total income for the quarter under review rose to Rs 4,438 crore
Net sales during the quarter under review rose by 39% to Rs 1,301 crore
Net sales of the company increased by 43% to Rs 263 crore
Net profit rose to Rs 3,718 crores in the third quarter
However, net sales increased 14% to Rs 634 cr
Profit down due to weaker sales mix, higher depreciation costs
Company saw improvement in Gross Refining Margin during 9 months period
Bank attributes fall to drop in interest income and trading profits