Page 984 - Business Finance
GE T&D India standalone net profit declines 26.08% in the December 2018 quarter
Sales decline 18.82% to Rs 1167.80 crore
ITI consolidated net profit declines 82.19% in the December 2018 quarter
Sales rise 124.42% to Rs 563.23 crore
Sensex slides over 240 pts, Nifty ends at 10,831.40
Key equity benchmarks declined for the third straight trading session. Sentiment was cautious ahead of release of key domestic macro-economic data. Metal shares bucked weak market trend. Most IT shares declined.
Emerging markets most popular trade for first time in BAML survey
LONDON (Reuters) - Fund managers named emerging markets as the most crowded trade for the first time, ahead of the U.S. dollar and technology stocks, according to Bank of America Merrill Lynch's February survey released on Tuesday.
Slowdown makes Thyssenkrupp targets tougher to reach
FRANKFURT/DUESSELDORF (Reuters) - German steel-to-elevators group Thyssenkrupp on Tuesday warned of a darkening economic backdrop, including a weakening automotive market, signalling tough times for its capital goods business ahead of a planned separation.
Quick Wrap: Nifty PSU Bank Index registers a drop of 1.61%
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ITD Cementation India consolidated net profit rises 89.43% in the December 2018 quarter
Sales rise 11.41% to Rs 640.49 crore
Karur Vysya Bank records Q3 net profit at Rs 21.20 Cr
Private sector Karur Vysya Bank has registered net profit at Rs 21.20 crore for the October-December 2018 period. The Tamil Nadu-based bank had registered net profit at Rs 71.49 crore during the corresponding period of last year. For the nine month period ending December 31, 2018, net profit slipped to Rs 150.85 crore from Rs 295.11 crore. Total income for the October-December 2018 quarter grew to Rs 1,702.65 crore from Rs 1,647.17 crore year ago. Total income for the nine month ending December 31, 2018 went upto Rs 5,032.55 crore from Rs 4,900.05 crore. Net NPA of the bank as on December 31, 2018 was at 4.99 per cent as against 3.88 per cent as on December 31, 2017. Gross NPA as on December 31, 2018 was at 8.49 per cent as against 5.94 per cent. Total advances grew by 2,930 crore to Rs 47,766 crore, as on December 31, 2017 from Rs 44,836 crore,it added.
Reliance Home Finance standalone net profit rises 37.50% in the December 2018 quarter
Sales rise 26.29% to Rs 514.00 crore
Veljan Denison standalone net profit rises 55.37% in the December 2018 quarter
Sales rise 22.48% to Rs 26.48 crore
Bhagwandas Metals reports standalone net profit of Rs 0.02 crore in the December 2018 quarter
Sales rise 1611.11% to Rs 9.24 crore
Swiss Glascoat Equipments standalone net profit rises 78.45% in the December 2018 quarter
Sales rise 30.52% to Rs 30.79 crore
Sanco Trans reports standalone net profit of Rs 0.14 crore in the December 2018 quarter
Sales rise 47.65% to Rs 26.99 crore
Yamini Investment Company reports standalone net profit of Rs 0.12 crore in the December 2018 quarter
Reported sales nil
Nahar Spinning Mills standalone net profit rises 831.00% in the December 2018 quarter
Sales rise 4.13% to Rs 568.33 crore
Triveni Turbine consolidated net profit rises 17.80% in the December 2018 quarter
Sales rise 27.63% to Rs 211.34 crore
Likhami Consulting standalone net profit declines 33.33% in the December 2018 quarter
Sales decline 6.25% to Rs 0.15 crore
TV Vision reports standalone net loss of Rs 3.94 crore in the December 2018 quarter
Sales rise 10.03% to Rs 30.60 crore
Adhbhut Infrastructure reports standalone net profit of Rs 0.01 crore in the December 2018 quarter
Sales reported at Rs 0.06 crore
Classic Global Finance & Capital reports standalone nil net profit/loss in the December 2018 quarter
Sales decline 22.22% to Rs 0.07 crore