Friday, 15 January 2016

Corporate News Update

CAPITALSTARS

 DAILY CORPORATE NEWS


HUL Q3 profit below estimates
Hindustan Unilever Ltd (HUL) Q3 net profit at Rs971.40 crore for the Quarter ended December 31, 2015 (YoY)
The Company has posted a net profit of Rs971.40 crore Vs Rs1252.17 crore.
Total Income has increased to Rs8120.60 crore Vs Rs7894.39 crore

Zee Ent Q3 consolidated net profit at Rs275 cr
Zee Entertainment Enterprises has announced the following results for the quarter ended December 31, 2015:
Standalone (YoY)
Net Profit rose by 19.42% to Rs253.53 crore Vs Rs212.30 crore.
Total Income increased by 21.39% to Rs1180.96 crore Vs Rs972.80 crore.

Tata Steel close to sell struggling long products business in UK
Tata Steel close to a deal with London-based PE to sell its struggling long products business in UK – Positive; if at good valuation would reduce stress on its books.

Idea Cellular takes 4G to four more states
Idea Cellular takes 4G to four more states Launches services in Chhattisgarh, Haryana, MP and Punjab.

TV18 Broadcast posts strong Q3FY16 earnings
TV18 Broadcast has reported strong set of numbers for Q3FY16, revenues up by 14% yoy to Rs692.4 crore, while operating margins improved by 193bps yoy. Net income for the quarter was up by 30% yoy to Rs78.3 crore, aided by higher other income of Rs12 crore Vs Rs4 crore in Q3FY15.   

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1 comment:

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