Thursday, February 11, 2016

Shares in News: Balmer Lawrie, Blue Dart, Petronet LNG, ACC

Balmer Lawrie Q3 profit declines 9% to Rs 33 cr
Diversified state-owned company Balmer Lawrie & Co notes 8.94% fall in net revenue to Rs 33 crore for the Dec. quarter on account of lesser income from operations. The company had noted net revenue of Rs 36.24 crore during the Oct-Dec quarter of 2014. Balmer Lawrie's total income from operations during the quarter under review reduced to Rs 655.08 crore, from Rs 712.18 crore in the year-ago time, the company said in a regulatory filing.

Tata Global Beverage Q3 profit falls 29.78% to Rs 59.15 crore

Tata Global Beverage Ltd (TGBL) noted 29.78% fall in its merged net revenue at Rs 59.15 crore for the Q3 closed Dec. 2015, pulled by currency fluctuations and costs on promotions in worldwide markets. The company had posted net revenue of Rs 84.24 crore for the (Oct-Dec) quarter a year ago, TGBL said in a BSE filing. The company's merged net sales during the quarter under review was fall 2.80% to Rs 2,050.63 crore as against Rs 2,109.73 crore during the same time in the last fiscal.

Blue Dart Q3 profit doubles to Rs 50.05 crore
Logistics company Blue Dart noted almost doubling of its net revenue to Rs 50.05 crore on a standalone basis for the quarter closed Dec. The logistics company had noted net revenue of Rs 27.13 crore for the corresponding quarter of the last fiscal. The total income from operations improved to Rs 653.01 crore during the quarter as against Rs 588.87 crore in the matching quarter of the last fiscal. Total expenses stood at Rs 573.68 crore as against Rs 550.78 crore, the company said in a BSE filing.

Alstom T&D India posts Q3 loss of Rs 18 crore

Alstom T&D India Ltd on Wed. noted standalone net failure of Rs 18.21 crore for the quarter closed Dec. 31, 2015. The company had posted a net revenue of Rs 25.8 crore in the year-ago time, the company said in a filing to BSE. Total income from operations fallen to Rs 755.2 crore in the quarter, over Rs 766 crore in the year-ago time, it said. Total expenses of the company improved to Rs 766.5 crore, over Rs 747.67 crore in the year-ago time. 
Petronet LNG posts 10% rise in Q3 profit

Petronet LNG Ltd, the nation's leading liquefied natural gas importer, on Wed. noted a 10% rush in its Dec. quarter net revenue on shipping upper volumes of gas. Net revenue in Oct-Dec at Rs 178.39 crore was 9.8% upper than Rs 162.39 crore in the same time a year ago, Petronet Managing Director & CEO Prabhat Singh said. The revenue is upper because of importing upper volumes of LNG and operational efficiencies, he said. Turnover. However, reduced to Rs 5,204.45 crore in the quarter from Rs 11,225.3 crore in the year-ago time as the company reduced offtake of LNG in long-term agreement with Qatar.

ACC Q4 net down 69%; optimistic on concrete roads, construction
Cement maker ACC today noted a sharp fall of 69% in merged net revenue at Rs 102.39 crore for the quarter closed Dec. 31, 2015 despite boost in total income. The company, which tracks Jan-Dec as fiscal year, had posted net revenue (after taxes, minority interest and share of profit of associates) of Rs 326.22 crore during corresponding quarter of 2014. In the year-ago time, the company had tax benefits and other income, as per the BSE filing by the company. 

Total merged income from operations increased to Rs 2,911.92 crore in the Oct-Dec quarter from Rs 2,837.03 crore in the same time a year ago. Total expenses were almost flat at Rs 2,790.76 crore over Rs 2,726.65 crore in the year-ago quarter. "Tax expenses are net of credit relating to previous years, Rs nil for the year closed Dec. 31, 2015, Rs 19,647 lakh (Rs 196.47 crore) for the same quarter," the company said in the regulatory filing. 

Shipping Corp Q3 profit doubles to Rs 60 crore
Shipping Corporation of India's net revenue almost doubled to Rs 59.66 crore in the Oct-Dec quarter of 2015-16, mainly increased by vary in method for calculation of reduction. It had posted net revenue of Rs 31.35 crore in the (Oct-Dec) quarter of the last fiscal. Total income from operations during the Q3 of the present fiscal fallen to Rs 987.04 crore as against Rs 1,052.35 crore in the year-ago time, the leading local shipliner said in a regulatory filing to the BSE.

FTIL swings back into black, posts Rs 95.03cr profit for Q3
Financial Technologies today noted net revenue of Rs 95.03 crore for the quarter closed on Dec. 31, on account of increase on divestment of its bet in other companies. The company had posted a net failure of Rs 4.86 crore in the year ago time. Income from operations fallen slightly to Rs 35.30 crore in the (Oct-Dec) quarter of the present fiscal from Rs 35.54 crore in the year ago time, the company said in a regulatory filing. According to company's balance sheet, FTIL earned Rs 520.94 crore as net increase on sale of equity stocks and warrants in other companies. During the quarter, the company has made additional long term investments aggregating Rs 10 crore in a subsidiary. In the quarter closed on Dec. 31, 2015, FTIL concluded the sale of its whole 25.64% bet in Indian Energy Exchange Ltd (IEX).

Ambuja cements net dips 66% to Rs 110 cr in Dec quarter 
Ambuja Cements noted 66.53% fall in net revenue at Rs 109.96 crore for the Q4 closed Dec. 31, 2015. The company had posted net revenue of Rs 328.59 crore during the same time of last fiscal. Net sales of the cement maker fallen to Rs 2,355.81 crore for the Q4, as against Rs 2,378.97 crore in the same time of last fiscal, Ambuja Cements said in a regulatory filing. The company tracks Jan-Dec monetary year. For the year closed Dec. 31, the company posted a net revenue of Rs 807.88 crore, compared to Rs 1,486.50 crore in the last year, drop 45.65%. Shares of the firm today fallen by 1.22% to settle at Rs 195 respectively on the BSE.

Tata Chemicals Q3 profit down 45% to Rs 130 cr 
Tata Chemicals on Wed. noted 45% fall in merged net revenue to Rs 129.94 crore for the quarter closed Dec. 31, on lesser sales and upper finance cost. It had posted net revenue of Rs 238.12 crore in the Oct-Dec quarter of previous fiscal, 2014-15, according to a regulatory filing. Income from operations chop by nearly 4% to Rs 4,637.35 crore in the Q3 of the present fiscal, 2015-16, from Rs 4,816.86 crore in the year-ago time. Finance cost improved to Rs 159.64 crore during the quarter under review, from Rs 119.41 crore a year ago. Tata Chemicals, a part of the over USD 100 billion Tata Group, is into manufacturing of fertilisers, salt and soda ash amid other products. It also sells branded pulses and spices.

Cipla Q3 net profit rises 4.68% to Rs 343.20 cr 
Pharmaceutical firm Cipla Ltd today noted 4.68% boost in its merged net revenue at Rs 343.20 crore in the Q3 closed Dec. 2015. The company had posted merged net revenue of Rs 327.85 crore in the same time previous fiscal, Cipla Ltd said in a BSE filing. Net sales during the time under review stood at Rs 3,027.26 crore as against Rs 2,624.71 crore in corresponding quarter previous fiscal, gain 15.33%. local sales fallen by 0.4% to Rs 1,194 crore during the Q3 from Rs 1,199 crore in the same time previous fiscal, the company said, adding that business was impacted due to distribution policy changes. Exports of formulations improved by 28.5% to Rs 1,833 crore during the time as against Rs 1,426 crore in the same quarter previous fiscal. APIs exports were fall 5.3% to Rs 143 crore from Rs 151 crore in the year-ago time. 

S H Kelkar Q3 net profit jumps 414.5% to Rs 23.41 crore
Fragrance maker S H Kelkar and Company on Wed. noted a huge 414.50% leap in its merged net revenue at Rs 23.41 crore for the Q3 closed Dec. 2015. The company had registered a merged net revenue of Rs 4.55 crore in the corresponding time previous year, it said in a declaration. Total income from operations on a merged basis stood at Rs 230.05 crore during the quarter under review as against Rs 195.85 crore in the year-ago time.

GlaxoSmithKline Pharma Q3 net up 76% at Rs 80 cr 
GlaxoSmithKline Pharmaceuticals on Wednesday posted 76.37% rise in net revenue at Rs 79.9 crore for the Q3 of 2015-16. The company had posted net revenue of Rs 45.30 crore for the same time of last year. Net sales of the company increased to Rs 728.70 crore in the (Oct-Dec) quarter present fiscal, from Rs 646.15 crore in the same time of previous year, GlaxoSmithKline Pharma said in a regulatory filing.


No comments:

Post a Comment