Slippages and provisioning pressure to stay high in March quarter, too, say bankers
As Nasdaq-listed company indicates poor spending in financial services space, Indian firms feel jittery
Last time it had gone negative in third quarter was in 2003-04
Firm did not have to share under-recovery burden of OMCs; total income down 9% to Rs 13,208 cr
Sales up by 10% to Rs 2,240 crore
Lower realisations, coupled with a surge in depreciation and interest charges, impacted bottom line
Total income from operations for the company grew by 10% at Rs 3,495 cr
Revenues from pharmaceutical services business declined by 17%
Total income decreased from Rs 357 cr for the quarter ended Dec 2014 to Rs 299 cr for the quarter ended Dec 2015
Company's income from operations declined 59.7% to Rs 87.81 crore
Net income attributable to shareholders jumped 60.6% to $1.24 billion, or 28 cents per share, in the fourth quarter
Company achieves highest-ever gross refining margin of $13.25 per barrel
With its revenue increasing, CESC's expenditure also rocketed high by 29% at Rs 1,329 cr
Net revenue of the Delhi-based company grew to Rs 9,859 cr, a growth of 8%
Non-interest income fell to Rs 412 cr against Rs 446 cr yearly
Company has also witnessed a decline of 9.8% in its revenue at Rs 1,052 crore as compared to Rs 1,197 crore last year
Net income from sales and services rose to Rs 3,967.9 crore for the third quarter
Total income of Steel Authority of India Ltd (SAIL) dropped by 19.52% to Rs 8,939.12 crore during the quarter
Total income also declined to Rs 2,722.23 crore during the quarter
Cement sale in Tamil Nadu during the period was affected due to flood