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Third Quarter

DCM Shriram's Q3 profit up 56 pc at Rs 213 cr

DCM Shriram's Q3 profit up 56 pc at Rs 213 cr

Sun, Jan 21, 2018

The profit after tax was Rs 137 in the October-December quarter of 2016-17.

Demonetisation had positive impact on sectors like metals, capital goods

Demonetisation had positive impact on sectors like metals, capital goods

Thu, Mar 16, 2017

Four months since demonetisation and its impact has started to fade out. However, everything isn't gloom and doom as analysis show that there were a few sectors that gained from Prime Minister Narendra Modi's bold attempt to tackle black money and push India towards a less-cash economy.

India's GDP growth is likely to be 5.8% in third quarter of FY17, says SBI

India's GDP growth is likely to be 5.8% in third quarter of FY17, says SBI

Wed, Feb 22, 2017

SBI's chief economic adviser Dr Soumya Kanti Ghosh in its Ecowrap report has said India's GDP will be at 5.8% in the third quarter (Q3) and will recover to 6.4% in the fourth quarter (Q4) of FY17.

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Sun Pharmaceutical Industries' Q3 net profit falls nearly 5% to Rs 1,471.82 crore

Sun Pharmaceutical Industries' Q3 net profit falls nearly 5% to Rs 1,471.82 crore

Tue, Feb 14, 2017

Sun Pharmaceutical Industries consolidated net profit fell down by 4.73% to Rs 1,471.82 crore for the October to December quarter of fiscal year 2016-17 (FY17).

Britannia swats demonetisation woes; net profit up 5% in October-December

Britannia swats demonetisation woes; net profit up 5% in October-December

Mon, Feb 13, 2017

Britannia Industries on Monday reported 4.6% jump in the consolidated net profit for the third quarter of fiscal year 2016-17 (FY17).

Sunteck Realty posts four-fold leap in net profit for October-December 2016

Sunteck Realty posts four-fold leap in net profit for October-December 2016

Mon, Feb 13, 2017

Commercial and residential property developer Sunteck Realty has reported 269.25% rise in the consolidated net profit for the third quarter ended on December 31,2016.

Reliance Capital Q3 consolidated net profit declines nearly 5% to Rs 258 crore

Reliance Capital Q3 consolidated net profit declines nearly 5% to Rs 258 crore

Fri, Feb 10, 2017

Reliance Capital has reported 4.8% fall in the consolidated net profit for the third quarter ended on December 31, 2016.

Post-demonetisation credit profile of large corporates is likely to be neutral: India Ratings

Thu, Feb 09, 2017

India Ratings and Research has projected that post-demonetisation the credit profile of large corporates with revenue of over Rs 250 crore is likely to be neutral with no significant changes in their ratings.

Tata Steel's leverage is likely to remain high in coming quarters: Moody's

Tata Steel's leverage is likely to remain high in coming quarters: Moody's

Thu, Feb 09, 2017

Moody's has projected Tata Steel's leverage to remain high in the coming quarters of 2017.

Tech Mahindra halts appraisal cycle for senior-level employees

Tech Mahindra halts appraisal cycle for senior-level employees

Mon, Feb 06, 2017

Indian IT firm Tech Mahindra has suspended the appraisal cycle for senior-level employees possessing more than six years of experience pending a management review.

Jet Airways third quarter net profit drops nearly 70% to Rs 14,238 lakh

Jet Airways third quarter net profit drops nearly 70% to Rs 14,238 lakh

Fri, Feb 03, 2017

Jet Airways has reported 69.52% decline in its standalone net profit for the third quarter ended on December 31, 2016.

Facebook's net income soars 177% in 2016

Facebook's net income soars 177% in 2016

Thu, Feb 02, 2017

Facebook reported net income of $10.2 billion in 2016, up 177 per cent from the previous year`s total of $3.7 billion.

India's credit growth projected to remain weak in range of 5-6% in FY17: ICRA

India's credit growth projected to remain weak in range of 5-6% in FY17: ICRA

Mon, Jan 30, 2017

ICRA has projected India's credit growth to remain at similar levels in the range of 5% to 6% in FY17 on the back of muted credit demand.

HDFC Bank cuts headcount to over 4,500 in third quarter on efficiences, lower hiring

HDFC Bank cuts headcount to over 4,500 in third quarter on efficiences, lower hiring

Thu, Jan 26, 2017

HDFC Bank has lowered its headcount to 4,581 employees in third quarter on account of efficiencies in the system and lower hiring.

Will Kotak Mahindra Bank shine again this Q3?

Will Kotak Mahindra Bank shine again this Q3?

Tue, Jan 24, 2017

Kotak Mahindra Bank (KMB) is set to announce its third quarter ended December 31, 2017 results on Tuesday January 24, 2017.

India's current account deficit likely to be 1.3% of GDP in 2017: Nomura

India's current account deficit likely to be 1.3% of GDP in 2017: Nomura

Mon, Jan 16, 2017

India's current account deficit (CAD) is expected to be around 1.3% of GDP in 2017 as against a deficit of 0.8% in 2016, says a report.

Post demonetisation organised retail sector likely to post low single digit growth in Q3 FY17: India Ratings

Post demonetisation organised retail sector likely to post low single digit growth in Q3 FY17: India Ratings

Fri, Jan 13, 2017

Post demonetisation organised retail sector is expected to post low single digit growth with varying impact across different sub-sectors in the October-December quarter of fiscal year 2016-17 (FY17), said India Ratings and Research (Ind-Ra) in its latest report on Friday.

Attrition rate at Infosys, TCS slows in Q3

Attrition rate at Infosys, TCS slows in Q3

Fri, Jan 13, 2017

The attrition rate at two of India’s top IT firms slowed in the third quarter (Q3) of the financial year (FY17).

Note Ban Impact: Corporate earnings to dip to 4% in third quarter

Note Ban Impact: Corporate earnings to dip to 4% in third quarter

Tue, Jan 10, 2017

After recording an average revenue growth of 6.3% for three consecutive quarters, corporate earnings for key sectors will likely dip to 4% for the October-December period of 2016-17, owing to the Government's demonetisation drive, said a Crisil report.

Demonetisation kills Navratri appetite of fast food restaurants

Demonetisation kills Navratri appetite of fast food restaurants

Mon, Jan 09, 2017

Fast food or Quick Service Restaurants (QSRs) turned vegetarian and refurbished their menus only to have their efforts washed out by the government's demonetisation decision. Analysts predict lower sales growth for the quarter ending December 31.

Indians most confident about jobs, finances in Q3: Nielsen

Indians most confident about jobs, finances in Q3: Nielsen

Tue, Nov 01, 2016

Indians were the most confident globally when it came to job prospects, personal finances and immediate spending intentions in the third quarter (Q3) of 2016, according to global performance management company Nielsen.

RJio may worsen Airtel, Idea woes

RJio may worsen Airtel, Idea woes

Thu, Oct 27, 2016

Even though Reliance Jio launched it services in the last month of second quarter, its impact on financials of rival telecom companies is not lost.

China's GDP growth stable at 6.7% in third quarter: Govt

China's GDP growth stable at 6.7% in third quarter: Govt

Wed, Oct 19, 2016

China's growth was steady at 6.7% in the third quarter (Q3), government data showed on Wednesday, a sign of stabilisation in the world's second-largest economy. The results slightly exceeded the median analyst expectation of 6.6% in an AFP poll.

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