UltraTech Cement’s Q3 net up 5% at Rs 594 cr
NEW DElHI: UltraTech Cement on Saturday reported a 4.7 per cent rise in consolidated net profit at Rs 593.9 crore for the quarter ended December 31, on lower expenses. The Aditya Birla Group firm’s consolidated net profit stood at Rs 566.7 crore in the year-ago period. However, consolidated total income from operations declined to Rs 6,761 crore from Rs 6,864.5 crore a year ago, a company statement said. The total expenses also came down to Rs 5,914.5 crore as compared to Rs 6,020.8 crore in the corresponding quarter of previous fiscal.
JK Paper Q3 profit jumps over two-fold
NEW DElHI: JK Paper on Saturday reported over two-fold jump in standalone net profit to Rs 35.89 crore for the quarter ended
on December 31, 2016, on account of higher sales volume and improved realisations. It had posted a net profit of Rs 13.14 crore for the October-December quarter of previous fiscal, JK Paper said in a BSE filing. Its total income from operations during the period under review was up 5.73 per cent to Rs 670.89 crore as against Rs 634.49 crore of the corresponding quarter last fiscal.
l&T Tech Q3 net dips 17% to Rs 108.7 crore
NEW DElHI: l&T Technology Services on Saturday posted nearly 17 per cent drop in consolidated net profit to Rs 108.7 crore for the December quarter of the current fiscal. The net profit stood at Rs 130.8 crore in the year-ago period. For the October-December period of 2016-17, the firm’s revenue from operations, at Rs 810.4 crore, was nearly 4% higher than the same quarter of last fiscal, l&T Tech said in a BSE filing. “We have a healthy pipeline of opportunities from our major customers in Industrial Products, Process and Transportation which also saw increased traction with existing Fortune 500 customers,” said Keshab Panda, CEO & MD of l&T Technology Services.
USl Q3 net jumps three-fold to Rs 148 cr
NEW DElHI: liquor major United Spirits (USl) on Saturday reported an over 3-fold jump in its net profit at Rs 147.70 crore for the Q3 ended December 31 on the back of lower finance costs and exceptional expense in the corresponding period last year. It had reported a net profit of Rs 37..23 crore for the October-December period of the previous fiscal.