Bajaj Auto announces Q4 results today, 16 May 2013.
United Spirits' net profit jumped 459.44% to Rs 56 crore on 14.15% growth in total income to Rs 2141.31 crore in Q4 March 2013 over Q4 March 2012. The result was announced after market hours on Wednesday, 15 May 2013. The company's net profit fell 6.41% to Rs 320.79 crore on 12.19% growth in total income to Rs 8709.91 crore in the year ended March 2013 over the year ended March 2012.
On a consolidated basis, United Spirits' posted a net loss Rs 101.24 crore for the year ended 31 March 2013 as compared to net profit of Rs 187.92 crore for the year ended 31 March 2012. Total income dropped 45.11% to Rs 10625.25 crore in the year ended 31 March 2013 over the year ended 31 March 2012.
Adani Ports and Special Economic Zone's consolidated net profit jumped 196.63% to Rs 710.31 crore on 53.7% growth in total income to Rs 1081.69 crore in Q4 March 2013 over Q4 March 2012. The Q4 result was announced after market hours on Wednesday, 15 May 2013.
Bajaj Finserv's consolidated net profit rose 3.64% to Rs 912.86 crore on 15.17% growth in total income from operations (net) to Rs 2017.29 crore in Q4 March 2013 over Q4 March 2012. Bajaj Finserv's consolidated gross revenue rose 2.6% to Rs 5116.82 crore in Q4 March 2013 over Q4 March 2012. The Q4 result was announced after market hours on Wednesday, 15 May 2013.
Bajaj Finserv's consolidated net profit rose 17.63% to Rs 1573.64 crore on 29.96% growth in total income from operations (net) to Rs 5072.43 crore in the year ended 31 March 2013 (FY 2013) over the year ended 31 March 2012 (FY 2012). Gross revenue rose 9% to Rs 15814 crore in FY 2013 over FY 2012. Bajaj Finserv said that the company has performed well in FY 2013 in a challenging economic environment.
Bajaj Finserv's board of directors at a meeting held on Wednesday, 15 May 2013, recommend dividend of Rs 1.50 per share for FY 2013.
HCL Technologies announced after market hours on Wednesday, 15 May 2013 that it has been selected by Husqvarna Group, a global leader in products and solutions for garden, park and forest care as well as construction, as a global strategic partner. HCL will provide comprehensive business transformation services to Husqvarna. The engagement covers Europe, Asia Pacific and US operations. As per the engagement, HCL will impact Husqvarna Group's key business operations bringing in enhanced efficiencies in their key business process areas. HCL will be using its proprietary MASCoT framework, a managed service model to provide application support and maintenance, application life cycle management, application operation through 24x7 call support and services to support Husqvarna Group's business. The agreement scope also includes legacy & custom applications and ERP systems covering key business processes at Husqvarna including future business transformation projects and services.
Infosys after trading hours on Wednesday, 15 May 2013, said that Turkland Bank (T-Bank), one of Turkey's leading private banks, has deployed Infosys' Finacle core banking, CRM and treasury solutions. This deployment empowers T-Bank to meet the needs of retail and corporate customer segments with faster product rollout and improved customer service, Infosys said.
DLF said after market hours on Wednesday, 15 May 2013, that the equity issuance committee of the board of directors of the company on 15 May 2013 finalised an issue price of Rs 230 per share for the qualified institutional programme (IPP) which was held through the stock exchanges mechanism on 14 May 2013. The company has raised Rs 1863.42 crore from the issue of 8.10 crore shares to institutions.
Apollo Hospitals Enterprise, Oil India, GlaxoSmithkline Consumer Healthcare and Wockhardt will be in focus after all the four companies will be included in MSCI India Index effective from 31 May 2013.
PNB Gilts has scheduled a meeting of the board of directors of the company on 23 May 2013, to consider the proposal for issue of bonus shares.
Karnataka Bank's board of directors at its meeting held on 15 May 2013, has resolved to seek shareholders approval for raising capital by way of qualified institutions placement (QIP) for an amount not exceeding Rs 500 crore.
Tata Teleservices (Maharashtra) (TTML) said its promoters Tata Sons will divest 2.72% stake in the company through offer for sale on 17 May 2013 to meet the minimum public shareholding norms.
Shoppers Stop's board of directors at its meeting held on 15 May 2013, approved the transfer, sell or disposal through other means, of the business conducted by the company with ELCA Cosmetics, to Gateway Multichannel Retail (India), a wholly owned subsidiary of the company.
Hitachi Home & Life Solutions (India)'s net profit rose 5.8% to Rs 7.79 crore on 14.8% growth in net sales to Rs 267.80 crore in Q4 March 2013 over Q4 March 2012.
Westlife Development's net profit rose 47.1% to Rs 0.25 crore on 231.8% growth in total income to Rs 1.46 crore in Q4 March 2013 over Q4 March 2012.
WABCO-TVS (India)'s net profit fell 28.3% to Rs 27.96 crore on 14.7% fall in total income to Rs 245.84 crore in Q4 March 2013 over Q4 March 2012.
V-Guard Industries' net profit fell 53.4% to Rs 8.94 crore on 38.3% rise in total income to Rs 379.24 crore in Q4 March 2013 over Q4 March 2012.
Ballarpur Industries' net profit jumped 140.3% to Rs 5.43 crore on 7.6% fall in total income to Rs 269.03 crore in Q3 March 2013 over Q3 March 2012.
J & K Bank's net profit rose 20.2% to Rs 250.08 crore on 24.1% rise in total income to Rs 1835.71 crore in Q4 March 2013 over Q4 March 2012.
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