Higher investment income and lower interest expenses are the reasons for the good numbers
Company had posted a post tax profit of Rs 90.4 crore in the corresponding period last year
Company had posted a standalone net profit of Rs 29 crore in the year-ago quarter
Company had registered a net loss of Rs 45 crore for the December quarter of the last fiscal
However, the consolidated total income increased 7% to Rs 5,011 cr
Company had posted net profit of Rs 81 crore in the same period in 2012-13
Total income stands at Rs 4,112.33 cr during the quarter as compared to Rs 3,786.68 cr last year
Says persisting inflation and policy uncertainties hurting investment sentiment
Total revenue for the quarter ended December 31 fell 5% to $27.7 bn, missing analysts expectation of $28.25 bn
he revenue also witnessed a increase of 20.35% at Rs 678 crore as compared to Rs 563.30 crore last quarter
Net sales for the quarter up 31% on a year-on-year basis at Rs 487 cr
Company had posted a post tax profit of Rs 327.2 crore in the corresponding period last year
The company had posted a consolidated net profit of Rs 12.84 crore during the same period of previous financial year
The company had posted net profit of Rs 210.5 crore in the same period of 2012-13 fiscal
Total income also up 10% at Rs 14,834 cr
The steep decline in profit came despite a full 27% spike in income to Rs 1,271 crore
Company says its performance impacted due to slowdown mainly in automotive market
EBITDA rises 11.3% to Rs 290 cr
The Chennai-based company had reported a consolidated net loss of Rs 85.16 lakh during the same period of the previous year