Shares in News: Capital First, Unitech, J&K Bank, Gammon Infra

Capital First net up 49% to Rs 44.53 crore
Small-size non-banking finance company Capital 1th today noted a net revenue of Rs 44.53 crore in the Dec. quarter, a development of 49% from Rs 29.91 crore a year ago. development in net income was mainly driven by upper net interest income that raise 53% to Rs 217.57 crore from Rs 142.44 crore a year ago, the company said in a report. This was sustained by the development in fee income, which raises 35% to Rs 44.77 crore, from Rs 33.06 crore.

Unitech posts Rs 16.1 cr loss in Q3 on high interest outgo 

Realty firm Unitech Ltd today noted a merged net failure of Rs 16.10 crore for the quarter closed Dec. on sharp grow in the finance cost. The Gurgaon-based developer had posted net revenue of Rs 43.33 crore in the year-ago time. Income from operations chop to Rs 408.74 crore in the Q3 of present fiscal as against Rs 706.81 crore in the corresponding time of the last year, Unitech said in a regulatory filing. Finance cost improved to Rs 84.56 crore in the Oct- Dec quarter of present fiscal from Rs 7.33 crore in the year-ago time.

J&K Bank Q3 profit climbs 12% to Rs 118 cr
Jammu and Kashmir Bank today noted a 12.4% rise in net revenue at Rs 117.6 crore for the Q3 closed December despite a boost in provisions for bad loans. The figure was Rs 104.6 crore in Oct-Dec of 2014-15. However, total income reduced to Rs 1,806 crore in the reporting quarter, from Rs 1,849.4 crore in the same time previous fiscal, the bank said in a declaration. The total provisions excluding income tax increased to Rs 239.7 crore as against Rs 220.4 crore in the year-ago time.

Gammon Infra Q3 net loss at Rs 10.26 cr 

Gammon Infrastructure Projects   today noted a merged loss of Rs 10.26 crore for the quarter closed Dec. 31, 2015. The infrastructure firm had clocked net revenue of Rs 5.98 crore in the (Oct-Dec) quarter of 2014-15. Its total income improved to Rs 262.06 crore for the quarter under analysis as against Rs 253.07 in the matching time of the last fiscal. Total expenses of the firm increased to Rs 206.99 crore during the quarter over Rs 175.03 crore in the same quarter of the last fiscal.

Lanco Infratech Q3 net profit at Rs 136 crore 

Lanco Infratech   today noted merged net revenue of Rs 136.49 crore for the quarter closed Dec. 31, 2015 on the back of improved performance of operating power projects and write-back of tax provisions. The included infrastructure developer had noted a net drop of Rs 616.62 crore in the year-ago time, it said in a filing to BSE.

Essar Shipping Q3 net loss at Rs 109.63 crore
Essar Shipping on Thursday noted tapering of merged net loss to Rs 109.63 crore for the quarter closed Dec. 31, 2015. The Essar Group firm had noted a net failure of Rs 115.18 crore for the (Oct-Dec) quarter of 2014-15. Its total income from operations fallen to Rs 433.53 crore during the quarter under analysis as against Rs 484.79 crore in the year-ago time. Company's total expenses during the time fallen to Rs 481.24 crore as against Rs 525.73 crore in the same quarter of the last fiscal.

Srei Infra Finance Q3 Net declines 27pc at Rs 17 crore 

Srei Infrastructure Finance today said its merged net revenue droped by 27.25% to Rs 17.16 crore for the Q3 of 2015-16 fiscal. The company had posted net revenue of Rs 23.59 crore during the same quarter of last fiscal 2014-15. "Total merged income during the quarter closed Dec. 31, 2015 was Rs 793.31 crore as against Rs 828.83 crore in the corresponding quarter of last year", it said in a report on BSE.

Jaypee Infratech posts Rs 20 cr loss for Oct-Dec quarter 

Jaypee Infratech today noted a standalone net failure of Rs 20.69 crore for the quarter closed December 31, 2015 against net revenue of Rs 96.89 crore in the year-ago time. Total income from operations during the quarter fallen to Rs 752.21 crore from Rs 863.19 crore in the year-ago time, the company said in a filing to BSE.

Amtek Auto posts Rs 132.15 cr loss for Dec quarter 

Troubled auto component maker Amtek Auto on Thursday noted a fall of Rs 132.15 crore for the quarter closed Dec. 31, 2015. The company had posted net revenue of Rs 70.81 crore in the same time previous fiscal. Net sales during the time under review stood at Rs 824.69 crore as against Rs 1,035.45 crore in the year-ago quarter, it added. Finance cost during the quarter stood at Rs 244.8 crore as against Rs 127.96 crore in the corresponding period last fiscal.