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Thursday, May 15, 2014

Bank of India Q4 profit falls 26%, asset quality worsens
Bank of India fourth quarter net profit falling 26.3 percent year-on-year to Rs 557.5 crore on lower other income and higher operating expenses. Gross NPA increased 18.4 percent Q-o-Q to Rs 11,868.60 crore and net NPA climbed 20.7 percent Q-o-Q to Rs 7,417.23 crore in the quarter ended March 2014.

Bajaj Auto Q4 profit slips to Rs 764 cr, revenue rises 4%
Bajaj Auto revenue during January-March quarter was slightly higher than forecast. Net profit declined to Rs 764 crore from Rs 766 crore in corresponding quarter last fiscal. Total revenue increased 4 percent year-on-year to Rs 4,932.3 crore while export revenue shot up 30 percent to Rs 2,076 crore in the quarter gone by.

Adani Power Q4 net profit at Rs 25285.50 mn

Adani Power Ltd has  posted a net profit after taxes & minority interest of Rs. 25285.50 million for the year ended March 31, 2014 as compared to net loss of Rs.(5855.20) million for the Quarter ended March 31, 2013.

Adani Ports Q4 net profit at Rs5298mn

Adani Ports and Special Economic Zone Ltd has posted a net profit of Rs. 5298.00 mn for the Quarter ended March 31, 2014 whereas the same was at Rs. 7103.10 million for the Quarter ended March 31, 2013.

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