It has been just about two years since the key promoter of BGR Energy Systems, a leading EPC, BoP service provider and power equipment manufacturer, B G Raghupathy passed away on July 28, 2013 after a brief ailment.
Country’s largest steel maker Steel Authority of India (SAIL) has reported a net loss of Rs 321. 64 crore in the April-June quarter of current financial year ringing alarm bells
Jet Airways and Etihad Airways partnership has begun to show positive results as Jet Airways turned around in the first quarter with a net profit of Rs 221.70 crore in 2015-16 compared with same quarter last year loss of Rs 258 crore.
Hindalco Industries, manufacturer of aluminium and copper, posted a 67.37 per cent fall in quarterly profit, hurt by lower metal prices, realisations and higher finance costs.
Tata Power turned profitable during the first quarter of the financial year 2015-16.
IRB Infrastructure reported an 11 per cent increase in net profit to Rs 166 crore during the first quarter of the FY16 led by strong operational performance from its 15 road projects.
State-owned Oil and Natural Gas Corp (ONGC) on Thursday reported over 14 per cent increase in net profit during April-June quarter on the back of increased oil output and reduced oil subsidy burden.
Indian Oil Corporation (IOC), on Thursday, reported more than doubling of its net profit to Rs 6,436 crore in the April-June quarter of financial year 2015-16 on higher refining margin that touched seven-year high level of $10.77 per barrel.
Reliance Infrastructure reported a 12.39 per cent drop in net profit to Rs 401 crore in the first quarter of fiscal 2015-16 as the overall losses in the Mumbai Metro and cement business weighed on the company’s performance.
Coal India, world's largest producer of the commodity, on Wednesday reported 6.6 per cent drop in consolidated net profit at Rs 3,764.35 crore on lower other income and higher expenses.