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Monday, June 2, 2014

Financial Technologies posts net loss of Rs 371.25 cr in Q4
Financial Technologies India reported a net loss of Rs 371.25 crore for the quarter ended March 31, 2014 due to lower sales and provisions made for doubtful loans and advances. It had reported a net profit of Rs 87.81 crore in the year-ago period.

L&T surges on robust Q4 numbers
L&T reported 69% growth in net profit for the quarter ended March on the back of improved operational performance, higher sales and an exceptional income of Rs 484 crore from dilution of its stake in L&T Finance.

Maruti Suzuki gains after May sales rise 19%

Maruti Suzuki surged nearly 2% after total sales in May 2014 rose 19.2% to 1,00,925 units compared with 84,677 units in May 2013 driven by the compact segment

Power Grid Corporation gains on strong Q4 results

Power Grid Corporation has surged 3.6% after reporting a jump of 6% in net profit at Rs 1,175.8 crore for the quarter ended March 31 as against a net profit of Rs 1,109.4 crore during the same quarter in the previous year.

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