Page 577 - Company Results
Tata Motors Q1 net nearly halves on weak China sales at Rs 2,769 cr
Net sales fell 6% to Rs 60,180 crore
 "Tata Motors Q1 net nearly halves on weak China sales at Rs 2,769 cr")
Grasim Industries Q1 net marginally down at Rs 485 cr
Net sales for the quarter up 6.7% at Rs 8,508 crore
 "Grasim Industries Q1 net marginally down at Rs 485 cr")
Future Retail standalone Q1 plunges 91% to Rs 6 cr
Total income from operations up 22% to Rs 2,899 cr
 "Future Retail standalone Q1 plunges 91% to Rs 6 cr")
BHEL Q1 net nosedives 82% to Rs 34 crore
PSU firm had reported a net profit of Rs 193.50 crore in the corresponding quarter of the previous fiscal
 "BHEL Q1 net nosedives 82% to Rs 34 crore")
M&M Q1 net declines 3.4% to Rs 852 cr
Net sales also dropped 3% to Rs 9,708 cr
 "M&M Q1 net declines 3.4% to Rs 852 cr")
Tata Global Beverages Q1 net down 15% at Rs 82.31 crore
Company's net sales rose to Rs 2,003.99 crore, up 6.37%
 "Tata Global Beverages Q1 net down 15% at Rs 82.31 crore")
Piramal Enterprises posts Rs 202 crore profit
Excluding the exceptional gain profit was 57% lower at Rs 179 crore
 "Piramal Enterprises posts Rs 202 crore profit")
Arvind Limited's Q1 net profit declines 33%
Profit After Tax stood at Rs 61 crore due to higher tax provisions
 "Arvind Limited's Q1 net profit declines 33%")
Fortis reports 90% jump in Q1 on one-time gain
Company gained Rs 78.44 crore from sale of investment in Singapore based Radlink-Asia Pte Ltd
 "Fortis reports 90% jump in Q1 on one-time gain")
Motherson's Q1 net up 62% to Rs 266 crore
Consolidated net profit for the quarter stood at Rs 266 crore against Rs 164 crore in the same quarter last year. Net sales rose over 11% to Rs 9,251 crore
 "Motherson's Q1 net up 62% to Rs 266 crore")
Bajaj Electricals' Q1 net up 262% at Rs 20 cr
Net income surges by 14% to Rs 1,009 cr
 "Bajaj Electricals' Q1 net up 262% at Rs 20 cr")
Escorts Q1 net profit up 6%
Net sales however declined over 13% to Rs 973 crore
 "Escorts Q1 net profit up 6%")
PTC India profit up 10% but subdued power demand decreases trading volume
The company's total income from operations was up 5% to Rs 71.77 crore in June quarter
 "PTC India profit up 10% but subdued power demand decreases trading volume")
Polaris Consulting Q1 profit dips 8.85% at Rs 38 cr
Revenue rises to Rs 496 cr as compared to Rs 475 cr, an increase of around 4%
 "Polaris Consulting Q1 profit dips 8.85% at Rs 38 cr")
Insecticides India Q1 net profit up 14% at Rs 19.8 cr
Net income up 13% to Rs 285 crore; firm attributes performance to decent rainfall
 "Insecticides India Q1 net profit up 14% at Rs 19.8 cr")
Motherson Sumi Systems Q1 net up 62% at Rs 266 cr
Net sales of the company rose to Rs 9,251.71 crore during the quarter
Bajaj Electricals net rises over three-fold at Rs 20.34 crore
Net sales during the period under review stood at Rs 1,005.86 crore, up 13.95%
 "Bajaj Electricals net rises over three-fold at Rs 20.34 crore")
Cognizant posts a 13% rise in its net profit at Rs 2,675 cr
Best sequential revenue growth at 6%; raises revenue forecast again
 "Cognizant posts a 13% rise in its net profit at Rs 2,675 cr")
 "ING posts rise in profit due to sale of Indian unit")
Canara Bank net drops 41% to Rs 478 cr
High provisions and contingencies dent bottomline
 "Canara Bank net drops 41% to Rs 478 cr")