Jyothy Laboratories said profit increased by 78.2% in the Apr-June quarter to Rs. 45.9 crore, helped by lower commodity prices. Sales were up by 8.9% from Rs 403.9 crore compared with the same period last year. He further added that good monsoon across most of the country will see a revival of demand in consumer goods. […]
Granules India’s net profit increased by 37% to Rs. 39 Cr during April-June period.. The increase in profit is because of better liquidation of inventory, which is almost 10 times, and lower cost of materials compared to the same quarter the previous year. Revenue increased by 7% from Rs. 323 the previous year to Rs.344 […]
Hexaware Technologies said it will offer automation software and services along with US-based WorkFusion under a partnership. The offering will help clients increase productivity, reduce the time required to design new products and cuts operational costs, Hexaware said. The offering will be part of Hexaware’s Digital Managed Services portfolio and will help companies digitize complex […]
Punj Lloyd Ltd. said that its total revenue for Q1 from April- June, 2016 was 1,010 Crores with a order backlog of 21,618 Crores. The company’s gross income showed an increase of 45.5% as compared to the Q1 income for the previous year. The company moved from a loss of INR 289 Crores at a operating […]
Minda Corporations reported revenue of Rs 6,954 million, an increase of 31.7% in the April-June Quarter in 2 016 compared to its revenue in the previous year, boosted by an acquisition. Profit After Tax (PAT) increased by 22.9% quarter on quarter to Rs. 249 million and EBITDA increased by 27.5% to Rs. 626 million. On the strong […]
Bank of Baroda appointed Ashok Kumar Garg as their new Executive Director on tuesday. He was General Manager at the bank. He has experience of 37 years in various banking fields in India as well as overseas, the company said. Garg is a Master of Commerce degree with additional qualification of L.L.B. and CA IIB. […]
Motherson Sumi Systems Limited (MSSL) today announced financial results for first quarter from April- June, 2016 with highest ever revenue in a single quarter with 10,352 crores. The net profit from the first quarter was Rs 303 crores, which was up 13% compared to the same quarter in 2015. MSSL said that this has been […]
One of South India’s biggest real estate company, Brigade group, inaugurated work on two new projects in Gujarat International Finance Tec (GIFT) City. The first is a special economic zone and the second, an ibis STYLES Hotel. The SEZ office towers will be of half million sq.ft with flexible office space of which the 1st […]
Ravindra Jadeja will likely find his place in the playing eleven for team India against the West Indies in the Third test match to be played at Gros Islet in a few hours from now. Team rumours say that Amith Mishra may give way to the southpaw after exhibiting a very ordinary performance in the […]
The RBI’s decision to maintain the policy rates was in expected lines said Smt. Arundhati Bhattacharya, SBI chairman. Appreciating the move by RBI to go into Open Market Operation (OMO) she added that transmission of rates will happen gradually over the next few months as credit growth picks up pace. Dr. Rudra Sensarma, Professor of […]
Following the positive vote on Brexit, at least some Indians in the UK have reported prank calls claiming to be from the UK Home Ministry and asking them to get ready to be deported to India. It is not clear whether the callers are trying to make a quick buck in the confusion over Brexit, […]
