Tag: Q2

Gitanjali Gems shines nearly 10% on robust Q2

Gitanjali Gems shines nearly 10% on robust Q2

15/12/2016 12:11

Shares of Gitanjali Gems, one of the leading branded jewellery retailers, zoomed nearly 10 per cent on the Bombay Stock Exchange after the company reported a 48 per cent growth in its consolidated net profit at Rs 45.01crore for the quarter ended September 30, 2016, compared to Rs 30.54 crore in the same quarter last fiscal.

Boosted by strong Q2, shares of company gained as much as 9.89 per cent to hit intra-day high of Rs 68.85 apiece on Bombay Stock Exchange.

In a similar fashion, stocks of company rose 6.23 per cent to Rs 66.50 apiece on the National Stock Exchange.

Meanwhile, the broader benchmark BSE Sensex was trading at 26,543.99, down 58.85 points, or 0.22 per cent, at 12:05 hours.

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CESC Q2 net up 3% at Rs 242 cr

12/12/2016 16:35

Power utility firm CESC Ltd on Monday reported an increase of 3 per cent in its standalone net profit after taxes (PAT) at Rs 242 crore for the second quarter ended September 30, 2016.

“The standalone PAT of the company stood at Rs 235 crore during the same period a year ago,” said CESC Ltd in a filing to the Bombay Stock Exchange on December 12, 2016.

Further, the standalone total income of the company grew by 11.8 per cent at Rs 2,048 crore during Q2 2016-17, as compared to Rs 1,832 crore during the same period last year.

The net sales of the company during the July-September quarter rose to Rs 1,963 crore, as compared to Rs 1,754 crore in Q2 FY 2016, the company said in a statement.

Meanwhile, shares of the company closed at Rs 622.20 apiece, down 0.21 per cent, from previous close on BSE.

National Fertilizers Q2 net dips 10.6% at Rs 46.51 cr

30/11/2016 12:28

National Fertilizers Ltd has reported a fall of 10.6 per cent in its standalone net profit after tax at Rs 46.51 crore in the July-September quarter of FY 17.

“The standalone net profit of the company stood at Rs 52.05 crore during the same period a year ago,” said National Fertilizers Ltd in a filing to the Bombay Stock Exchange.

Further, the standalone total income from operations of the company fell by 15.9 per cent at Rs 1,901.94 crore during Q2 2016-17, as compared to Rs 2,260.40 crore during the same period a year ago.

The total expenses of the company decreased to Rs 1,780.93 crore during Q2 2016-17, as against Rs 2,122 crore during the same period last fiscal.

Meanwhile, shares of the company were trading at Rs 32.95 apiece, up 1.54 per cent, from previous close on BSE at 12:31 hours.

BEML Q2 loss narrows to Rs 16.60 cr

25/11/2016 15:34

State-run BEML on Friday reported a net loss of Rs 16.60 crore for the second quarter ended September 30, 2016.

“The standalone net loss of the company stood at Rs 24.62 crore during the same period a year ago,” said BEML in a filing to the Bombay Stock Exchange.

The standalone total income of the company decreased by 32.43 per cent at Rs 462.31 crore during Q2 2016-17, as compared to Rs 684.21 crore during the same period last year.

Ahead of earnings report, shares of the company ended Friday’s trade at Rs 803.90 apiece, up 2.06 per cent, from previous close on BSE.

SpiceJet Q2 net doubles to Rs 58.9 cr

SpiceJet Q2 net doubles to Rs 58.9 cr

25/11/2016 15:28

Low-cost carrier SpiceJet on Friday reported nearly two-fold growth in its standalone net profit at Rs 58.9 crore for the second quarter ended September 30, 2016. This is the seventh consecutive profitable quarter for SpiceJet after the challenges faced by the company in December, 2014 and the change in management and control.

“The standalone net profit of the company stood at Rs 29 crore during the same period a year ago,” said SpiceJet in a filing to the Bombay Stock Exchange.

The operating revenue of the company rose by 35 per cent at Rs 1,400 crore during Q2 2016-17, as compared to Rs 1,040 crore during the same period last year.

During the quarter under review, the airline recorded a passenger load factor of 92.3 per cent, the highest in the industry. SpiceJet has recorded the highest passenger load factor in the industry for 19 months in a row and the load factor has been in excess of 90 per cent in every month since April 2015.

Capacity deployed registered a growth of 38 per cent over the same quarter last year, Gurgaon-headquartered firm said in the filing to the exchange.

Commenting on Q2 earnings, Ajay Singh, Chairman & Managing Director, Spicejet said, “This was the weakest quarter of the year and despite the intense competition in the market, SpiceJet has performed exceptionally well. We continue to focus on responsible and profitable growth.”

“We have resolved practically all our legacy issues and the stage is set for building up our cash reserves and finalising our long term fleet expansion plans,” he added.

Ahead of earnings, shares of the company ended at Rs 65.20 apiece, up 1.24 per cent, from previous close on BSE.

Petronet LNG Q2 net jumps 81.7% at Rs 459.56 cr

Petronet LNG Q2 net jumps 81.7% at Rs 459.56 cr

18/11/2016 14:13

Oil & gas major Petronet LNG Ltd has reported a significant growth of 81.7 per cent in its standalone net profit after taxes (PAT) at Rs 459.56 crore for the second quarter ended September 30, 2016, buoyed by record volumes of gas handled.

“The standalone net profit of the company stood at Rs 252.9 crore during the same period a year ago,” said Petronet LNG Ltd in a filing to the Bombay Stock Exchange.

However, the standalone total income of the company fell by 11.6 per cent at Rs 6,705.88 crore during Q2 2016-17, as compared to Rs 7,583.56 crore during the same period last year.

“We processed highest ever natural gas of 189 trillion British thermal units in second quarter, up from 157 TBtus last year,” Petronet LNG Ltd, CEO and Managing Director, Prabhat Singh said.

Deepak Fertilisers Q2 profit dips 4.8% at Rs 26.96 cr

18/11/2016 12:39

Industrial chemicals manufacturer Deepak Fertilisers & Petrochemicals Corporation Ltd has reported a decline of 4.8 per cent in its standalone net profit after taxes (PAT) at Rs 26.96 crore for the second quarter ended September 30, 2016.

The standalone net profit of the company stood at Rs 28.31 crore during the same period a year ago, Deepak Fertilisers & Petrochemicals Corporation Ltd said in a filing to the Bombay Stock Exchange.

Its standalone total income, too, fell by 14.3 per cent at Rs 938.21 crore during Q2 2016-17, as compared to Rs 1,095.03 crore during the same period previous fiscal.

The company said in a statement that, it witnessed marginal growth in chemical business, however, recorded subdued performance in fertilisers because of higher carryover stocks in the country and comparatively lower volumes in Ammonium Nitrate due to seasonal slowdown with delayed and extended monsoons.

The combined negative impact in the fertiliser sector emerging out of the delayed monsoons, inventory build-up from the earlier quarter and sudden price cuts impacted the quarterly performance, it said.

Meanwhile, shares of the company were trading at Rs 185.30 apiece, down 6.91 per cent, from previous close on BSE at 12:43 hours.

Voltas Q2 profit rises 7.2% at Rs 72.11 cr

Voltas Q2 profit rises 7.2% at Rs 72.11 cr

17/11/2016 12:07

India’s largest air conditioning company Voltas Ltd has reported a growth of 7.2 per cent in its consolidated net profit after taxes (PAT) at Rs 72.11 crore for the second quarter ended September 30, 2016.

The consolidated net profit of the company stood at Rs 67.26 crore during the same period a year ago, Voltas Ltd said in a filing to the Bombay Stock Exchange.

Its consolidated total income, however, fell by 4.3 per cent at Rs 1,047.3 crore during Q2 2016-17, as compared to Rs 1,094.43 crore during the same period previous fiscal.

Its consolidated total expenses fell by 7.02 per cent to Rs 919.11 crore, during the quarter under review, from Rs 988.57 crore in the corresponding quarter of the preceding financial year.

On standalone basis, it has posted a net profit of Rs 1,25.91 crore for the quarter ended September 30, 2016 as compared to Rs 113.55 crore for the quarter ended September 30, 2015. Total Income has decreased from Rs 1,047.69 crore for the quarter ended September 30, 2015 to Rs 968.40 crore for the quarter ended September 30, 2016.

Meanwhile, shares of the company were trading at Rs 304.90 apiece, down 7.11 per cent, from previous close on BSE at 12:11 hours.

Container Corporation of India net dips 31.9% in Q2

Container Corporation of India net dips 31.9% in Q2

16/11/2016 14:32

India’s leading multimodal logistics support services provider Container Corporation of India Ltd has reported a decline of 31.9 per cent in its standalone net profit after taxes (PAT) at Rs 157.84 crore for the second quarter ended September 30, 2016.

“The standalone PAT of the company stood at Rs 231.69 crore during the same period a year ago,” said Container Corporation of India Ltd in a filing to the Bombay Stock Exchange.

Further, it’s standalone total income fell by 8.4 per cent at Rs 1,454.88 crore during Q2 2016-17, as compared to Rs 1,588.08 crore during the same period last year.

Meanwhile, shares of the company were trading at Rs 1,310 apiece, up 0.38 per cent, from previous close on BSE at 14:35 hours.