TOP CORPORATE NEWS

Arvind Q4 profit rises 24.09% to Rs 94.05 cr

Arvind Ltd reported a 24.09 percent increase in consolidated net profit to Rs 94.05 crore in the fourth quarter ended March 31. Net sales climbed 31.06 percent to Rs 1,880.23 crore. Overall expenses rose to Rs 1,689.16 crore from Rs 1,267.87 crore in the previous corresponding quarter.

NTPC Q4 net profit at Rs114036.10 mn

NTPC Ltd has posted a net profit after taxes, minority interest and share of profit / (loss) of associate company of Rs. 114036.10 million for the year ended March 31, 2014 as compared to Rs. 125907.80 mn for the year ended March 31, 2013.

Cadila Healthcare drops after weak Q4 numbers

Cadila Healthcare lost 2.11% after consolidated net profit declined 8.74% to Rs 239.19 crore on 22.39% growth in net sales to Rs 1916.33 crore in Q4 March 2014 over Q4 March 2013.

Rail stocks in demand

Shares of ten companies whose fortunes are linked to orders from Indian Railways rose by 0.18% to 12.08% as Narendra Modi heads to become the next Prime Minister of India.

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