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Thursday, August 14, 2014

Hindalco Q1 profit drops 31% on high fuel, finance cost
Hindalco Industries missed street expectations with the first quarter net profit falling 30.9 percent year-on-year to Rs 327.5 crore dented by higher power and fuel, finance, and raw material costs. Profit in the corresponding quarter of last fiscal was Rs 474.1 crore.

Voltas jumps after strong Q1 results
Voltas surged 7.58% after consolidated net profit jumped 165.85% to Rs 109 crore on 9.36% growth in sales to Rs 1752 crore in Q1 June 2014 over Q1 June 2013.

PFC Q1 net profit up 21% YoY
PFC has announced the results for the quarter ended June 30, 2014 net profit of the company rose by 20.86% to Rs 1448.26 crore Vs Rs 1198.24 crore YoY. Total Income increased by 18.07% to Rs 5923.90 crore Vs Rs 5017.10 crore YoY.

United Breweries Q1 net profit up 6.51% YoY
United Breweries has announced the results for the quarter ended June 30, 2014 net profit of the company rose by 6.51% to Rs 128.84 crore Vs Rs 120.96 crore YoY. Total Income increased by 7% to Rs 1456.94 crore Vs Rs 1361.56 crore YoY.

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