SpiceJet Q4 net profit falls 43% on higher fuel costs, demonetisation

SpiceJet Q4 net profit falls 43% on higher fuel costs, demonetisation

Budget carrier SpiceJet today reported 43% fall in net profit at Rs 41.6 crore for the fourth quarter ended March 31, 2017 due to higher fuel cost and lower yield on account of demonetisation. The Gurgaon-based carrier had reported a...
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Suzlon Energy Surges 8%, Hits 52-Week High On Q4 Earnings Beat

Suzlon Energy Surges 8%, Hits 52-Week High On Q4 Earnings Beat

Shares of wind turbine manufacturer Suzlon Energy rose as much as 8.27 per cent to hit fresh 52-week high of Rs. 22.25 after the company post market hours on Friday reported net profit of Rs. 578.99 crore in the fourth...
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JK Lakshmi Cement Tumbles Over 7% As Q4 Net Falls

JK Lakshmi Cement Tumbles Over 7% As Q4 Net Falls

New Delhi: Shares of JK Lakshmi Cement today tumbled over 7 per cent after the company reported a 19.4 per cent decline in standalone net profit for the fourth quarter ended March 2017. The stock tanked 7 per cent to...
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One Fifth Of IDBI Bank’s Loans Turn Bad In Q4, Shares Plunge

One Fifth Of IDBI Bank’s Loans Turn Bad In Q4, Shares Plunge

IDBI Bank shares plunged as much as 9 per cent on Thursday after the state-owned bank said that more than one fifth of its advanced turned bad in the March quarter. IDBI Bank, which reported its earnings for the January-March...
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HCC Shares Tank 7% As Q4 Net Dips

HCC Shares Tank 7% As Q4 Net Dips

New Delhi: Shares of Hindustan Construction Company (HCC) today slumped nearly 7 per cent after the company reported a four per cent decline in standalone net profit for the quarter to March 2017. The stock tumbled 6.78 per cent to...
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Chinese Firms Dominate Indian Smartphone Market in Q4 2016: IDC

Chinese Firms Dominate Indian Smartphone Market in Q4 2016: IDC

Smartphone shipment in the country remained almost flat at 25.8 million units in the October-December 2016 quarter compared to the year-ago period, impacted by demonetisation and seasonal slowdown after festive sales, research firm IDC said. Compared to the Ju...
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