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Cipla may sweeten after turnaround Q4 outcome

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Cipla reported consolidated net profit of Rs 153.25 crore in Q4 March 2018 as compared with net loss of Rs 62.79 crore in Q4 March 2017. Total income rose 3.69% to Rs 3737.98 crore in Q4 March 2018 over Q4 March 2017. The result was announced after market hours yesterday, 22 May 2018.

Hindustan Petroleum Corporation's net profit fell 3.9% to Rs 1747.89 crore on 17.76% rise in total income to Rs 61152.73 crore in Q4 March 2018 over Q4 March 2017. The result was announced after market hours yesterday, 22 May 2018.

Bata India's net profit rose 44.91% to Rs 52.08 crore on 7.03% rise in total income to Rs 646.02 crore in Q4 March 2018 over Q4 March 2017. The result was announced after market hours yesterday, 22 May 2018.

 

Among corporate news, Godrej Industries, Grasim Industries and Tata Motors will announce their January-March 2018 results today, 23 May 2018.

Minda Industries board approved issue of 2:1 bonus shares. The announcement was made after market hours yesterday, 22 May 2018.

Majesco announced that Gibraltar BSN Life Berhad (Gibraltar BSN) has selected Majesco Distribution Management and Digital Solutions to transform its distribution management operation as part of its digital transformation program. The announcement was made after market hours yesterday, 22 May 2018.

Gravita India informed that company has signed a contract with Amara Raja Batteries for Lead Acid Battery Scrap Collection and Recycling arrangements. Under this contract Gravita shall collect/purchase Lead Acid Battery scrap from designated locations of Amara Raja. It is a joint initiative towards environment protection and sustainability under which used batteries shall be recycled and Pure Lead/Lead Alloys will be supplied back to Amara Raja. The announcement was made after market hours yesterday, 22 May 2018.

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First Published: May 23 2018 | 8:26 AM IST

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