Strong winter sales, performance by power brands pushed profits higher
While standalone net profit dips 295%, consolidated dips by 31%
Net sales of the company rose to Rs 166.28 cr for the quarter under consideration from Rs 152.98 cr
Exceptional gain of Rs 144 cr limits fall in profit for Hindalco
The consolidated total income rose by 13% to Rs 4,343 cr
However, lags street estimates, as a slide in operating margin offsets strong SUV sales growth
The gain on sale of investment of Rs 3,160 lakh is disclosed as exceptional item for the current quarter
Total income from operations up 2.5% to Rs 248 cr vs Rs 242 cr
Bank;s total income rose by 27% to Rs 621 cr from Rs 489 cr
Strong sales in US generic market drive profits for the firm
Experts had estimated around Rs 300 crore of profits
This is mainly due to forex gains and decline in interest costs
Net sales of the company stood at Rs 471 cr for the third quarter
The Hyderabad-based firm had posted a net loss of Rs 28.54 crore for the corresponding period of previous fiscal
Higher fuel and transportation costs also impacted the company's bottomline