Page 1038 - Business Finance

Healthcare Global Enterprises reports consolidated net loss of Rs 6.20 crore in the December 2018 quarter

Sales rise 20.66% to Rs 248.87 crore

Endurance Technologies consolidated net profit rises 23.51% in the December 2018 quarter

Sales rise 17.84% to Rs 1812.98 crore

Nava Bharat Ventures consolidated net profit rises 556.44% in the December 2018 quarter

Sales rise 41.07% to Rs 818.57 crore

VIP Clothing reports standalone net loss of Rs 1.14 crore in the December 2018 quarter

Sales rise 5.50% to Rs 48.75 crore

Ruchika Industries India reports standalone net profit of Rs 0.02 crore in the December 2018 quarter

Sales reported at Rs 0.05 crore

Oscar Global reports standalone net profit of Rs 1.78 crore in the December 2018 quarter

Sales decline 68.97% to Rs 0.45 crore

JSW Holdings standalone net profit rises 8.30% in the December 2018 quarter

Sales decline 3.44% to Rs 12.36 crore

Conart Engineers standalone net profit rises 58.33% in the December 2018 quarter

Sales rise 15.03% to Rs 6.58 crore

Metroglobal standalone net profit declines 84.11% in the December 2018 quarter

Sales rise 26.28% to Rs 126.04 crore

AGC Networks standalone net profit declines 93.59% in the December 2018 quarter

Sales rise 6.33% to Rs 90.93 crore

Swagtam Trading & Services standalone net profit rises 300.00% in the December 2018 quarter

Reported sales nil

Oriental Trimex reports standalone net profit of Rs 3.52 crore in the December 2018 quarter

Sales rise 290.62% to Rs 38.71 crore

MRO-TEK Realty reports standalone net loss of Rs 2.62 crore in the December 2018 quarter

Sales rise 39.44% to Rs 5.94 crore

M&M Q3 standalone PAT down 11.44 pc to Rs 1,076.81 cr

Homegrown auto major Mahindra & Mahindra Friday reported 11.44 per cent decline in standalone profit after tax (PAT) at Rs 1,076.81 crore for the third quarter ended December 31, 2018. The company had posted a PAT of Rs 1,215.89 crore in the same quarter last fiscal, M&M said in a regulatory filing. Total income during the period under review stood at Rs 13,411.29 crore. It was at Rs 11,676.05 crore in the year-ago quarter. Vehicle sales during the third quarter stood at 1,33,508 units as against 1,21,786 units in the same period last fiscal, a growth of 10 per cent, the company said. Passenger vehicle sales for the festive season did not match the industry expectation primarily due to softening of urban demand, the company said. The urban sentiment was subdued largely on account of an uncertain economic scenario arising from the dollar rate movement, fuel prices and stock market performance, it added. Tractor sales were also up 13 per cent to 87,036 units in the third ...

Chamanlal Setia Exports standalone net profit rises 6.04% in the December 2018 quarter

Sales decline 9.88% to Rs 182.79 crore

No new taxes in TN budget for 2019-20

The Tamil Nadu government Friday proposed no new taxes in the state budget for the financial year 2019-20 and an assurance that the revenue deficit will come down in the coming years. In the budget presented by Deputy Chief Minister O Panneerselvam, who holds the Finance portfolio, the government proposed a revenue deficit estimated at around Rs 14,300 crore. Despite the 'adverse' impact of 'reduced' inter-se share in devolution due to 14th Finance Commission recommendations, the state could implement the Ujjawal Discom Assurance Yojana (UDAY) scheme and pay revision, he said. The growth in State's Own Tax Revenue (SOTR) in 2017-18 was 9.07 per cent and this was expected to exceed 14 per cent during the current fiscal. "Due to the positive trends in tax receipts, the revenue deficit for the year 2019-20 is expected to come down to Rs 14,315 crore as against the projected revenue deficit of Rs 19,319 crore in Revised Estimates 2018-19," he said. "With higher SOTR growth, .

Ausom Enterprise reports standalone net loss of Rs 1.92 crore in the December 2018 quarter

Sales reported at Rs -1.71 crore

Keerthi Industries reports standalone net loss of Rs 3.86 crore in the December 2018 quarter

Sales decline 6.70% to Rs 41.07 crore

Bimetal Bearings standalone net profit rises 42.53% in the December 2018 quarter

Sales rise 14.87% to Rs 51.91 crore

R Systems International consolidated net profit rises 255.19% in the December 2018 quarter

Sales rise 23.75% to Rs 192.45 crore