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Asian Paints Q3 consolidated net profit at Rs463 Cr
Asian Paints has announced the following Q3 results for the quarter ended December 31, 2015 (YoY):
Standalone (YoY)
The Company has posted a net profit of Rs418.20 crore Vs Rs353.07 crore.
Total Income is at Rs3471.17 crore Vs Rs3060.85 crore.
MindTree Q3 consolidated net profit up 7% (YoY)
MindTree has announced the following Q3 results for the quarter ended December 31, 2015 (YoY)
Standalone (YoY)
The Company has posted a net profit of Rs143.50 crore Vs Rs140.80 crore.
Total Income has increased to Rs1126.10 crore Vs Rs925.70 crore.
Mercator to exit dry bulk shipping biz
Shipping and logistics company Mercator has decided to exit the dry bulk cargo business carried on by its Singapore unit—Mercator Lines (Singapore) Ltd—by way of divestment.
The Board of Director in its meeting has approved, as a part of an ongoing portfolio restructuring exercise to exit the dry bulk business carried on by its Singapore Exchange listed arm —Mercator Lines ( Singapore) Ltd—by way of divestment.
HCL Tech Q2FY16 results update: Inline performance
For Q2FY16, HCl Tech has reported revenues growth of 2.1% on a constant currency basis, and 1.4% on a reported basis.
IMS services were up by 3.4% qoq on a CC basis (tad below estimates). EBIT margins was down by 52bps qoq to 20%, broadly in line with estimates.
Net income for the quarter was up by 11% qoq to Rs1920 crore, led by higher than expected other income (up by 57% qoq).
Delta Corp surges on strong Q3 results
Shares of Delta Corp surged 4.37% to Rs71.60 on NSE after posting strong Q3FY2016 results.
Delta Corp Ltd announced the following unaudited results for the quarter ended December 31, 2015:
Standalone:
Net profit at Rs8.62 crore vs Rs5.59 crore (YoY)
Total Income at Rs64.01 crore vs Rs50.63 crore (YoY)
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