LATEST BUSINESS NEWS

SBI Q2 PAT Rs.3879cr vs Rs.3100cr yoy, vs Rs.3692cr qoq

 

PNB Q2 PAT Rs.621cr vs Rs.575cr yoy, vs Rs.721cr qoq

 

Nse SBIN 52.59 lacs @ 242.75 value 127.68 crs (Bulk / Block Deal)

 

RAMCO CEMENT Q2 cons PAT Rs.140cr vs Rs.92cr yoy, vs Rs.95cr qoq

 

Punjab National Bank reports 8% rise in Q2 net profit

The bank’s total income has increased by 5.23% to Rs 13701.93 crore for the quarter under review
Punjab National Bank (PNB) has reported results for second quarter ended September 30, 2015.

The bank has reported 7.94% rise in its net profit at Rs 621.03 crore for the quarter ended September 30, 2015 as compared to Rs 575.34 crore for the same quarter in the previous year. The bank’s total income has increased by 5.23% to Rs 13701.93 crore for the quarter under review from Rs 13020.46 crore for the corresponding quarter of the previous year.

Gross non-performing assets (NPAs) of the bank have increased to 6.36% for the quarter as against 5.65% in the same quarter previous year. Besides, bank’s Net NPA stood at 3.99% in Q2FY16.
source : ventura

 

BOSCH Q2 PAT Rs.305cr vs Rs.306cr yoy, vs Rs.344cr qoq

 

Union Bank of India reports 77% rise in Q2 net profit

Total income has increased by 3.95% at Rs 9100.90 crore for quarter under review
Union Bank of India has reported results for second quarter ended September 30, 2015.

The bank has reported a rise of 77.24% in its net profit Rs 658.16 crore for the quarter ended September 30, 2015 as compared to net loss Rs 371.34 crore for the same quarter in the previous year. Total income has increased by 3.95% at Rs 9100.90 crore for quarter under review as compared to Rs 8754.69 crore for the quarter ended September 30, 2014.

The bank’s gross NPA for the July-September quarter of the current fiscal rose to 6.12%, as compared to 4.69% in the same quarter of the previous year. Besides, bank’s Net NPA stood at 3.39% in Q2FY16.
source : ventura

 

GDL cons PAT Rs.31cr vs Rs.48cr yoy, vs Rs.22cr qoq

 

Sonata Software board declares interim dividend

Sonata Software has informed that the Board of Directors of the Company at its meeting held on November 06, 2015, has declared Interim Dividend at Rs 3.50 per share on par value of Re 1.

The above information is a part of company’s filings submitted to BSE.
source :ventura

 

MOTHERSUN SUMI Q2 cons PAT Rs.287cr vs Rs.104cr yoy (inc exp loss of Rs.124cr) vs Rs.266cr (inc exp loss of Rs.25cr) qoq

 

Ramco Cements reports 52% rise in Q2 consolidated net profit

Total income of the company has decreased by 6.27% at Rs 898.77 crore for quarter under review
Ramco Cements has reported results for second quarter ended September 30, 2015.

The company has reported 54.63% rise in its net profit at Rs 138.72 crore for the quarter ended September 30, 2015 as compared to Rs 89.71 crore for the same quarter in the previous year. However, the company’s total income has decreased by 6.28% to Rs 893.92 crore for the quarter under review from Rs 953.83 crore for the corresponding quarter of the previous year.

On the consolidated basis, the company has reported 51.85% rise in its net profit after taxes, minority interest and share of profit of associates at Rs 140.08 crore for the quarter ended September 30, 2015 as compared to Rs 92.25 crore for the same quarter in the previous year. However, total income of the company has decreased by 6.27% at Rs 898.77 crore for quarter under review as compared to Rs 958.86 crore for the quarter ended September 30, 2014.
source :ventura

 

State Bank of India reports 24% rise in Q2 consolidated net profit

The total income of the bank has increased by 8.98% at Rs 66585.85 crore for quarter under review
State Bank of India (SBI) has reported results for second quarter ended September 30, 2015.

The bank has reported 25.11% rise in its net profit at Rs 3879.07 crore for the quarter ended September 30, 2015 as compared to Rs 3100.41 crore for the same quarter in the previous year. The bank’s total income has increased by 12% to Rs 46854.81 crore for the quarter under review from Rs 41833.36 crore for the corresponding quarter of the previous year.

On the consolidated basis, the bank has reported 24.05% rise in its net profit after taxes, Minority Interest and Share of Profit of Associates at Rs 4991.7 crore for the quarter ended September 30, 2015 as compared to Rs 4023.84 crore for the same quarter in the previous year. The total income of the bank has increased by 8.98% at Rs 66585.85 crore for quarter under review as compared to Rs 61098.67 crore for the quarter ended September 30, 2014.
source :ventura

 

Motherson Sumi Systems reports over two fold jump in Q2 consolidated net profit

Total income of the company has increased by 14.73% at Rs 9202.88 crore for quarter under review
Motherson Sumi Systems has reported results for second quarter ended September 30, 2015.

The company has reported 36.25% rise in its net profit at Rs 196.98 crore for the quarter ended September 30, 2015 as compared to Rs 144.57 crore for the same quarter in the previous year. The company’s total income has increased by 11.44% to Rs 1462.9 crore for the quarter under review from Rs 1312.69 crore for the corresponding quarter of the previous year.

On the consolidated basis, the company has reported over two fold jump in its net profit after taxes, minority interest and share of profit / (loss) of associates of Rs 286.89 crore for the quarter ended September 30, 2015 as compared to Rs 104.44 crore for the same quarter in the previous year. Total income of the company has increased by 14.73% at Rs 9202.88 crore for quarter under review as compared to Rs 8021.54 crore for the quarter ended September 30, 2014.
source :ventura

 

Nse HCLTECH 1.48 lacs @ 881.50 value 13.10 crs ( Bulk / Block Deal )

 

Gateway Distriparks reports 36% fall in Q2 consolidated net profit

Total income of the company has decreased by 10.57% at Rs 264.35 crore for quarter under review
Gateway Distriparks has reported results for second quarter ended September 30, 2015.

The company has reported 60.37% fall in its net profit at Rs 14.21 crore for the quarter ended September 30, 2015 as compared to Rs 35.86 crore for the same quarter in the previous year. The company’s total income has decreased by 10.66% to Rs 72.60 crore for the quarter under review from Rs 81.26 crore for the corresponding quarter of the previous year.

On the consolidated basis, the company has reported 35.90% fall in its net profit after taxes, minority interest and share of profit of associates at Rs 30.60 crore for the quarter ended September 30, 2015 as compared to Rs 47.74 crore for the same quarter in the previous year. Total income of the company has decreased by 10.57% at Rs 264.35 crore for quarter under review as compared to Rs 295.59 crore for the quarter ended September 30, 2014.
source :ventura

 

INFOEDGE Q2 cons PAT Rs.34cr vs Rs.29cr qoq

 

IL&FS TRANS Q2 cons PAT Rs.69cr vs Rs.99cr yoy, vs Rs.3cr qoq

 

ARIES ABGRO Q2 PAT Rs.3cr vs Rs.7cr yoy

 

MANGALAM CEMENT Q2 loss Rs.15.5cr vs PAT of Rs.5cr yoy, vs loss of Rs.19cr qoq

 

EICHER MOTORS Q2 cons PAT Rs.256cr vs Rs.165cr yoy, vs Rs.222cr qoq