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Tata Steel in focus after Q3 results
12-Feb-18   08:19 Hrs IST

On a consolidated basis, net profit of Tata Steel rose 389.83% to Rs 1135.92 crore on 20.05% rise in net sales to Rs 33099.95 crore in Q3 December 2017 over Q3 December 2016. The result was announced after market hours on Friday, 9 February 2018.

Tata Motors will be in focus. The Tata Motors Group global wholesales in January 2018, including Jaguar Land Rover (JLR), were at 114,797 units, higher by 20%, over January 2017. Global wholesales of all Tata Motors' commercial vehicles and Tata Daewoo range in January 2018 were at 44,828 units, higher by 32%, over January 2017. Global wholesales of all passenger vehicles in January 2018 were at 69,969 units, higher by 13%, compared to January 2017. Global wholesales for Jaguar Land Rover were 49,631 vehicles (*JLR number for January 2018 includes CJLR volumes of 8,125 units). Jaguar wholesales for the month were 16108 vehicles, while Land Rover wholesales for the month were 33523 vehicles. The announcement was made after market hours on Friday, 9 February 2018.

Bank of India, Britannia Industries and GAIL (India) will announce October-December 2017 earnings today, 12 February 2018.

Cadila Healthcare announced that the US Food and Drug Administration (USFDA) inspected the company's Moraiya facility in Gujarat from 5 February to 9 February 2018. At the end of the inspection, no observation (483) was issued. The announcement was made after market hours on Friday, 9 February 2018.

On a consolidated basis, net profit of Coal India rose 4.22% to Rs 3005.02 crore on 2.52% decline in total income to Rs 22484.14 crore in Q3 December 2017 over Q3 December 2016. The result was announced on Saturday, 10 February 2018.

State Bank of India (SBI) reported net loss of Rs 2416.37 crore in Q3 December 2017 as against net profit of Rs 2610 crore in Q3 December 2016. Total income rose 17.4% to Rs 62887.06 crore in Q3 December 2017 over Q3 December 2016. The result was announced after market hours on Friday, 9 February 2018.

Net profit of Mahindra & Mahindra (M&M) rose 12.50% to Rs 1215.91 crore on 4.57% rise in net sales to Rs 11577.78 crore in Q3 December 2017 over Q3 December 2016. The result was announced after market hours on Friday, 9 February 2018.

Net profit of ONGC rose 15.22% to Rs 5014.67 crore on 14.90% rise in net sales to Rs 22995.88 crore in Q3 December 2017 over Q3 December 2016. The result was announced after market hours on Friday, 9 February 2018.

Net profit of Oil India rose 55.10% to Rs 705.22 crore on 16.62% rise in net sales to Rs 2852.55 crore in Q3 December 2017 over Q3 December 2016. The result was announced after market hours on Friday, 9 February 2018.

Meanwhile, the board of Oil India recommended issuing one bonus equity share of Rs 10 each for every two existing fully paid up equity share of Rs 10 each.

Net profit of National Aluminium Company (Nalco) rose 401.51% to Rs 721.78 crore on 20.15% rise in net sales to Rs 2388.82 crore in Q3 December 2017 over Q3 December 2016. The result was announced after market hours on Friday, 9 February 2018.

Net profit of Bata India rose 80.77% to Rs 68.17 crore on 6.20% rise in net sales to Rs 674 crore in Q3 December 2017 over Q3 December 2016. The result was announced after market hours on Friday, 9 February 2018.

Net profit of Sun TV Network rose 11.20% to Rs 266.97 crore on 15.92% rise in net sales to Rs 683.28 crore in Q3 December 2017 over Q3 December 2016. The result was announced after market hours on Friday, 9 February 2018.

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