Page 1166 - Business Finance

Freshtrop Fruits reports standalone net loss of Rs 1.18 crore in the December 2018 quarter

Sales rise 31.84% to Rs 13.50 crore

Bhagyashree Leasing & Finance reports standalone net loss of Rs 0.01 crore in the December 2018 quarter

Reported sales nil

Indo Euro Indchem standalone net profit declines 84.38% in the December 2018 quarter

Sales decline 93.48% to Rs 0.18 crore

Heritage Foods LTD PAT at Rs 20.10 Cr for quarter ended Dec 31

Heritage Foods Ltd Wednesday said its Profit after tax for the quarter ended December 31 grew by 20 per cent to Rs 20.10 crore against Rs 16.76 crore during the same quarter last fiscal. According to a company release, revenues from operations was at Rs 618.76 crore in Q3FY19 as compared to Rs 578.93 crore in Q3FY18, registering 6.9 per cent growth. PAT registered 45.6 per cent growth at Rs 62.43 crore for the first nine months in the current fiscal against Rs 42.88 crore during 2017-18. Brahmani Nara, Executive Director, said "We are happy to announce a significant improvement in our operating margins for the nine months of FY19. We are now experiencing better demand for our products across all our selling regions and markets." She said the company was optimistic about the demand and pricing for its dairy products in the coming period.

Indiabulls Integrated Services reports consolidated net profit of Rs 2.75 crore in the December 2018 quarter

Sales decline 5.37% to Rs 42.63 crore

Bajaj Auto standalone net profit rises 15.69% in the December 2018 quarter

Sales rise 15.96% to Rs 7243.07 crore

Jubilant Foodworks standalone net profit rises 46.18% in the December 2018 quarter

Sales rise 16.84% to Rs 929.05 crore

BF Utilities standalone net profit rises 19.82% in the December 2018 quarter

Sales decline 30.82% to Rs 3.39 crore

Khandwala Securities reports standalone net loss of Rs 0.49 crore in the December 2018 quarter

Sales decline 26.36% to Rs 0.81 crore

Parsharti Investment reports standalone nil net profit/loss in the December 2018 quarter

Sales decline 93.33% to Rs 0.01 crore

Modern Shares & Stockbrokers reports standalone net loss of Rs 0.10 crore in the December 2018 quarter

Sales decline 41.89% to Rs 0.43 crore

Kirloskar Ferrous Industries standalone net profit rises 214.04% in the December 2018 quarter

Sales rise 19.24% to Rs 582.52 crore

Vinati Organics standalone net profit rises 122.75% in the December 2018 quarter

Sales rise 63.24% to Rs 303.05 crore

Gujarat Hotels standalone net profit rises 39.24% in the December 2018 quarter

Sales rise 15.73% to Rs 1.03 crore

Alkyl Amines Chemicals standalone net profit rises 45.27% in the December 2018 quarter

Sales rise 38.88% to Rs 212.67 crore

MAS Financial Services consolidated net profit rises 50.65% in the December 2018 quarter

Sales rise 34.78% to Rs 166.64 crore

Subex consolidated net profit declines 42.94% in the December 2018 quarter

Sales decline 4.80% to Rs 82.28 crore

Indian Oil Corporation consolidated net profit declines 90.94% in the December 2018 quarter

Sales rise 28.14% to Rs 141016.49 crore

Markets move in narrow range, close flat

Indian shares moved in a narrow band and were largely unchanged on Wednesday as investors remained on the sidelines.The benchmark BSE index ended at 35,591, barely 1.25 points down from Tuesday's close. The broader NSE 50 index was down by 0.40 points at 10,651.Losses in Housing Development Finance Corporation were curbed by gains in Axis Bank and ICICI Bank.The focus of investors had shifted to a media report which alleged financial misappropriation by controlling shareholders of Dewan Housing Finance Corporation. The company's stock slumped nearly 8.5 per and closed 4.9 per cent lower.Among other losers were TCS, Reliance, ITC, and Yes Bank. Tata Steel, Axis Bank, Bajaj Finance and HCL Tech gained marginally.Meanwhile, Asian indices closed mixed with investors saying that US-China trade talks are going to be the next catalyst for equities going forward.

Himachal to extend all support to entrepreneurs: Thakur

Himachal Pradesh will provide all possible support to entrepreneurs interested in investing in the state, Chief Minister Jai Ram Thakur said here on Wednesday.