Page 308 - Business Finance
Comfort Intech reports standalone net profit of Rs 0.18 crore in the March 2019 quarter
Sales rise 35.36% to Rs 16.00 crore
High Street Filatex reports standalone net loss of Rs 0.03 crore in the March 2019 quarter
Sales reported at Rs 0.18 crore
IKAB Securities & Investment reports standalone net loss of Rs 0.09 crore in the March 2019 quarter
Sales decline 58.71% to Rs 20.00 crore
Hindustan Petroleum Corporation standalone net profit rises 69.91% in the March 2019 quarter
Sales rise 11.75% to Rs 67628.63 crore
Gujchem Distillers India reports standalone net loss of Rs 0.12 crore in the March 2019 quarter
Reported sales nil
Fraser and Company reports standalone net profit of Rs 0.04 crore in the March 2019 quarter
Sales rise 2900.00% to Rs 0.30 crore
Kiran Vyapar reports standalone net loss of Rs 2.46 crore in the March 2019 quarter
Sales rise 182.87% to Rs 21.47 crore
Jindal Stainless standalone net profit declines 71.87% in the March 2019 quarter
Sales rise 2.48% to Rs 3251.28 crore
Kernex Microsystems (India) reports standalone net loss of Rs 6.05 crore in the March 2019 quarter
Sales decline 36.11% to Rs 3.15 crore
Bemco Hydraulics standalone net profit rises 664.71% in the March 2019 quarter
Sales rise 158.60% to Rs 24.05 crore
Nila Infrastructures standalone net profit rises 26.06% in the March 2019 quarter
Sales rise 53.90% to Rs 73.95 crore
Vivid Global Industries standalone net profit declines 29.41% in the March 2019 quarter
Sales rise 28.18% to Rs 18.97 crore
Shiva Suitings reports standalone net profit of Rs 0.08 crore in the March 2019 quarter
Sales rise 200.00% to Rs 0.90 crore
HPL Electric & Power consolidated net profit rises 74.13% in the March 2019 quarter
Sales rise 12.07% to Rs 352.52 crore
Nettlinx consolidated net profit rises 71.79% in the March 2019 quarter
Sales rise 51.26% to Rs 5.99 crore
US firms hope for consistency in policy framework from new Indian govt
India, Aghi asserted, has "a fantastic opportunity" to attract US and European\ companies as China trade relations get strained with its partners
 "US firms hope for consistency in policy framework from new Indian govt")
Expect new govt. to bring petroleum under ambit of GST: HPCL Chairman
Hindustan Petroleum Corporation Limited (HPCL) Chairman Mukesh K. Surana on Tuesday said that they expect the new government to bring petroleum products under the GST regime.Speaking about his expectations from the new government, Surana told ANI, "This government has done lots of reforms. Oil companies do not get input credit on fuel products because of them not being under GST. Our expectation from the new government is to bring petroleum products under the GST regime."Upon being asked about the upward trend in fuel prices after the culmination of the general elections, Surana reiterated that the prices are dependent on international factors and said, "Oil prices depend on international factors. There are factors like US-China trade relations, the tension in Venezuela, tension in the Middle East among others. As domestic prices are linked with exchange rates hence it fluctuates according to global situations."He also outlined that ban imposed by the US on oil supply from Iran would .
Market may open slightly higher
Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 9 points at the opening bell.
Tata Motors to be watched after Q4 result
Tata Motors' consolidated net profit dropped 47.42% to Rs 1117.48 crore on 4.28% fall in total income to Rs 87718.69 crore in Q4 March 2019 over Q4 March 2018. The announcement was made after market hours yesterday, 20 May 2019.