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Sun TV in focus after good Q4 results
14-May-18   08:03 Hrs IST

Net profit of Sun TV Network rose 22.8% to Rs 289.76 crore on 23.1% rise in net sales to Rs 716.95 crore in Q4 March 2018 over Q4 March 2017. Subscription revenue rose by 28% at Rs 308.84 crore in Q4 March 2018 over Q4 March 2017. EBITDA rose 33% at Rs 522.40 crore in Q4 March 2018 over Q4 March 2017. The result was announced after market hours on Friday, 11 May 2018.

Net profit of Gillette India declined 32.60% to Rs 71.32 crore on 13.97% decline in net sales to Rs 451.54 crore in Q3 March 2018 over Q3 March 2017. The result was announced after market hours on Friday, 11 May 2018.

Net profit of GlaxoSmithkline Consumer Healthcare rose 20.43% to Rs 211.81 crore on 6.96% rise in net sales to Rs 1179.58 crore in Q4 March 2018 over Q4 March 2017. The result was announced after market hours on Friday, 11 May 2018.

Net profit of Graphite India surged 632.16% to Rs 453.72 crore on 224.65% rise in net sales to Rs 1212.22 crore in Q4 March 2018 over Q4 March 2017. The result was announced after market hours on Friday, 11 May 2018.

Net profit of Aarti Industries rose 13.95% to Rs 84.70 crore on 23.38% rise in net sales to Rs 1029.39 crore in Q4 March 2018 over Q4 March 2017. The result was announced after market hours on Friday, 11 May 2018.

Aarti Industries announced after market hours on Friday, 11 May 2018, that its board formed a committee of directors to review and recommend a scheme of arrangement pertaining to demerger of home and personal care segment of the company and merger of manufacturing operations of Nascent Chemicals Industries with the company.

Federal Bank said it will sell 26% in wholly-owned subsidiary, Fedbank Financial Services (Fedfina), to True North Enterprises. The announcement after market hours on Friday, 11 May 2018.

Dena Bank will be watched. The Reserve Bank has initiated prompt corrective action against public sector lender Dena Bank in view of high non-performing loans, restricting the bank from giving fresh credit and new hiring. The announcement after market hours on Friday, 11 May 2018.

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