TOP CORPORATE NEWS

·        JSW Steel logs Q4 profit of Rs 462.09cr

JSW Steel reported a consolidated net profit of Rs 462.09 crore for the quarter ended March 31, 2014 on the back of increased sales. The company had posted a net profit of Rs 328.03 crore in the corresponding period of the previous financial year.

·        PFC's Q4 profit rises 9% to 1,411 cr

PFC posted a 9 percent rise in its net profit at Rs 1,411.41 crore for the quarter ended March 31, 2014 largely on account of an increase in income from operations.

·        United Breweries Q4 net profit at Rs677.10mn

                                                                       

United Breweries Ltd has posted a net profit of Rs. 677.10 million for the quarter ended March 31, 2014 as compared to Rs. 58.50 mn for the quarter ended March 31, 2013.

·        L&T bags $480mn EPC orders in Bangladesh

Larsen & Toubro has received two EPC (engineering, procurement and construction) orders worth $480mn in Bangladesh for setting up dual fuel-fired gas based combined cycle power plants in Bangladesh.