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Sail may shine after turnaround Q3 result
09-Feb-18   08:42 Hrs IST

Steel Authority of India (Sail) reported net profit of Rs 43.16 crore in Q3 December 2017 as compared to net loss of Rs 794.84 crore in Q3 December 2016. Total income rose 35.85% to Rs 15443.13 crore in Q3 December 2017 over Q3 December 2016. The result was announced after market hours yesterday, 8 February 2018.

Glenmark Pharmaceuticals' consolidated net profit dropped 78.05% to Rs 104.74 crore on 14.48% fall in total income to Rs 2180.50 crore in Q3 December 2017 over Q3 December 2016. The result was announced after market hours yesterday, 8 February 2018.

Petronet LNG's net profit rose 33.04% to Rs 528.79 crore on 22.73% increase in total income to Rs 7798.46 crore in Q3 December 2017 over Q3 December 2016. The result was announced after market hours yesterday, 8 February 2018.

On a consolidated basis, Reliance Capital's net profit rose 50% to Rs 315 crore on 20% increase in total income to Rs 4771 crore in Q3 December 2017 over Q3 December 2016. The result was announced after market hours yesterday, 8 February 2018.

Vedanta said that Supreme Court of India vide judgement dated 7 February 2018 has directed to stop all mining operations in the state of Goa with effect from 16 March 2018. Supreme Court has directed that the mining lease holders who have been granted the second renewal are given time to manage their affairs and may continue their mining operations till 15 March 2018. However, they are directed to stop all mining operations with effect from 16 March 2018 until fresh mining leases and fresh environmental clearances are granted.

The company's mines in Goa will be impacted consequent to the judgement of Supreme Court. The company is assessing the financial and operational impact of the said judgement, Vedanta said. The announcement was made after market hours yesterday, 8 February 2018.

Among prominent companies, BPCL, HPCL, M&M, ONGC, SBI and Tata Steel are scheduled to announce Q3 December 2017 results today, 9 February 2018.

Marathon Nextgen Realty's board approved a 2-for-1 stock split. The announcement was made after market hours yesterday, 8 February 2018.

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