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Tuesday, August 12, 2014

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BPCL Q1 profit up 8-fold on subsidy from upstream cos, govt
BPCL has reported an 8-fold increase in first quarter April-June net profit at Rs 1,216.3 crore led by higher other income and lower finance cost but impacted by higher tax expenses. Profit in the year-ago period was Rs 150.3 crore.

Tata Power Q1 disappoints, posts net loss at Rs 111.3 cr
Tata Power disappointed street with the consolidated net loss at Rs 111.3 crore in April-June quarter, down marginally compared to Rs 114.7 crore in the year-ago period due to lower forex losses and depreciation in Coastal Gujarat Power.

Oil India Q1 beats estimates, profit jumps 40% to Rs 852 cr
Oil India has reported a massive 40 percent growth in net profit at Rs 852 crore in April-June quarter compared to Rs 609 crore in the year-ago period driven by strong operational performance on account of higher crude and natural gas prices.

Finolex Cables standalone Jun '14 sales at Rs 572.01 crore
Finolex Cables has reported a standalone total income from operations of Rs 572.01 crore and a net profit of Rs 34.68 crore for the quarter ended Jun '14. Other income for the quarter was Rs 4.70 crore.

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