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Wednesday, February 12, 2014

TOP CORPORATE NEWS


·        Tata Steel clocks net profit of Rs 503cr in Q3

Tata Steel consolidated net profit of Rs 503.24 crore for the October-December quarter, buoyed by better operational performances in both India and Europe. Total income of the company in the third quarter of this fiscal rose 14 percent to Rs 36,736 crore from Rs 32,107 crore on higher sales.

·        GMR Infrastructure Q3 net loss at Rs4410.90mn

GMR Infrastructure Ltd has a net loss after tax and Minority Interest of Rs. 4410.90 mn for the quarter ended December 31, 2013 as compared to net loss of Rs. 2174.50 mn for the quarter ended December 31, 2012.

·        BPCL drops after reporting net loss in Q3

BPCL lost 0.18% after the company reported a net loss of Rs 1088.94 crore in Q3 December 2013 as against net profit of Rs 1647.57 crore in Q3 December 2012.

·        Oil India inches up after Q3 results


Oil India rose 0.54% after net profit declined 3.97% to Rs 902.96 crore on 5.37% growth in total income to Rs 3052.37 crore in Q3 December 2013 over Q3 December 2012.

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