- Hindalco Q1 profit drops 31% on high fuel, finance cost
Hindalco Industries missed street expectations with the first
quarter net profit falling 30.9 percent year-on-year to Rs 327.5 crore
dented by higher power and fuel, finance, and raw material costs. Profit
in the corresponding quarter of last fiscal was Rs 474.1 crore.
- Voltas jumps after strong Q1 results
Voltas surged 7.58% after consolidated net profit jumped 165.85%
to Rs 109 crore on 9.36% growth in sales to Rs 1752 crore in Q1 June
2014 over Q1 June 2013.
- PFC Q1 net profit up 21% YoY
PFC has announced the results for the quarter ended June 30,
2014 net profit of the company rose by 20.86% to Rs 1448.26 crore Vs Rs
1198.24 crore YoY. Total Income increased by 18.07% to Rs 5923.90 crore
Vs Rs 5017.10 crore YoY.
- United Breweries Q1 net profit up 6.51% YoY
United Breweries has announced the results for the quarter ended
June 30, 2014 net profit of the company rose by 6.51% to Rs 128.84
crore Vs Rs 120.96 crore YoY. Total Income increased by 7% to Rs 1456.94
crore Vs Rs 1361.56 crore YoY.
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