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Jaypee InfraÂ’s Q3 net loss goes up to Rs 41.39 crore

Jaypee InfraÂ’s Q3 net loss goes up to Rs 41.39 crore

Jaypee Infratech has said that its net loss has gone up to Rs 41.39 crore for the third quarter ended December 2016. The company had reported a net loss of Rs 25.33 crore for the corresponding quarter of the 2015-16 fiscal, it said in a BSE filing.

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OSL gets 20% revenue from dredging

OSL gets 20% revenue from dredging

Marine service provider Ocean Sparkle (OSL) generates 20 percent of its revenue through dredging operation and another 45-50 percent of income from operations at minor ports. The Hyderabad-based firm provides services like harbour towage, pilotage of various kinds of vessels including specialised tonnage like LNG (liquefied natural gas)

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Net profit rises 42% for IndusInd Bank in June quarter

Net profit rises 42% for IndusInd Bank in June quarter

Net profit of IndusInd Bank rose 42 percent to Rs 335 crore during Apr-Jun 2013 from Rs 236 crore in the year-earlier period. During the quarter, the bank witnessed 27 percent growth in loan portfolio, double the growth rate of the banking industry. The bank's net interest income rose 40 percent to Rs 679 crore from Rs 484 crore in the same period last year. Further, it witnessed 48 percent growth in non-interest income to Rs 471 crore, boosted by an increase in mark-to-m

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Experts seek revamp of royalty policy

Experts seek revamp of royalty policy

Experts argue that the mining industry in India is subject to adhoc and arbitrary royalty regime by the government. They argue that faulty royalty regime is one of the issues plaguing the sector. Industry observers feel that royalty rates of all metals were increased to figures much above the global standards

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Net profit of ONGC declines

Net profit of ONGC declines

For the year ended March 31, 2013, the net profit of state-run energy explorer ONGC declined to Rs 209,257.00 million from Rs 251,229.20 million in the previous year. The firm's total Income rose to Rs 884,521.50 million for the year ended March 31, 2013 from Rs 809,954.20 million in the previous year

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Net profit of IOC rises 14.53% in March quarter

Net profit of IOC rises 14.53% in March quarter

Net profit of Indian Oil Corporation (IOC) rose 14.53 per cent to Rs 14,513 crore during January-March 2013 compared to Rs 12,671 crore in the year-ago period. The rise in profit is attributed to the higher subsidy amount it received from the government for selling petroleum products below the market price

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Net profit of Andhra Bank rises

Net profit of Andhra Bank rises

During Jan-Mar 2013, the net profit of Andhra Bank rose 1.5 per cent to Rs 345 crore compared from Rs 340 crore in the year-ago period. The state-run bank posted 15 per cent growth in total income at Rs 3,713 crore compared to Rs 3,229 crore in the corresponding period last year. While net interest margin was in the range of 3.04 per cent, the bank posted 17 per cent and 18.4 per cent grow

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Net profit of Gujarat Pipavav declines

Net profit of Gujarat Pipavav declines

The net profit of Gujarat Pipavav Port declined 38.2 percent to Rs 8.17 crore during July-September 2012 quarter compared to the year-ago period.The fall in the bottomline is attributed to the 6.5 percent decline in net sales to Rs 86.47 crore during the period compared to July-September 2011. Gujarat Pipavav Port is the country's first private sec

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