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This article is more than 2 year old.

Here's how your favourite stocks performed on Thursday after Q3 results

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Cadila, Arvind, Bajaj Electricals, MRF and Welspun Corp announced their results during market hours, while Tata Motors posted its results after the close.

Here's how your favourite stocks performed on Thursday after Q3 results
Benchmark equity indices gave up gains to end almost flat on Thursday as investors booked profits at higher levels, after the Reserve Bank of India surprisingly reduced the repo rate by 0.25 percent.
After rising nearly 200 points, the 30-share BSE Sensex ended 4.14 points, or 0.01 percent, lower at 36,971.09; while the broader Nifty settled 6.95 points, or 0.06 percent, higher at 11,069.40.
The Reserve Bank of India cut the repo rate by 0.25 percent to 6.25 percent on expectation that inflation will stay within its target range, a move that may make home and other loans cheaper.
Cadila, Arvind, Bajaj Electricals, MRF and Welspun Corp announced their results during market hours, while Tata Motors posted its results after the close.
Cadila – Hit
Shares of Cadila Healthcare settled at Rs 323 on the BSE, up 1.46 percent from the previous close.
Cadila Healthcare reported 6 percent dip in consolidated net profit to Rs 510.7 crore for December quarter 2018, mainly on account of rise in expenses. It had posted a net profit of Rs 543.3 crore in the corresponding period of the previous fiscal, the drug firm said.
Total revenue, however, rose to Rs 3,608.9 crore for the latest quarter as against Rs 3,285.6 crore in the same period of 2017-18.
Arvind – Miss
Shares of the textile company settled at Rs 81.30 on the BSE, down 2.11 percent from the previous close.
The company reported a 1 percent dip in revenue to Rs 1,680 crore for the quarter ended December 31, 2018. The company's profit was down 49 percent at Rs 40 crore for the quarter review.
Arvind has revised the textile revenue growth guidance to 5 percent from 10 percent earlier.  
Bajaj Electricals - Hit
Shares of Bajaj Electricals on Thursday settled at Rs 518.80 per scrip on the BSE, up 9.44 percent from the previous close.
The company posted 73.55 percent rise in standalone net profit at Rs 63.92 crore for October-December 2018 led by a robust performance in consumer products and EPC segments. It reported a profit of Rs 36.83 crore in the same period a year ago.
Total income was also up at Rs 2,161.83 crore during the quarter under review, from Rs 1,145.13 crore in the year-ago period.
Total expenses were at Rs 2,067.33 crore as against Rs 1,097.51 crore in the year-ago period.
Engineering, procurement and construction (EPC) segment stood at Rs 1,401.18 crore in the latest quarter against Rs 544.91 crore in the year-ago period.
MRF- Miss
Shares of MRF settled at Rs 59,637.40 apiece on the BSE, down 0.69 percent down from its previous close.
The tyre major reported 18 percent decline in standalone net profit at Rs 279.26 crore for December quarter 2018, hit by increase in overall expenses during the period. The company had reported a net profit of Rs 340.51 crore in October-December 2017-18.
Revenue from operations, however, rose to Rs 4,033.76 crore for the latest quarter as compared with Rs 3,798.82 crore in the year-ago period.
Total expenses in the third quarter 2018-19 increased to Rs 3,750.25 crore from Rs 3,331.14 crore in the same period a year ago.
Welspun Corp – Miss
Shares of Welspun Corp settled at RS 106.35 on the BSE, up 3.91 percent, from its previous close.
The company reported a 54.7 percent decline in its net profit at Rs 30 crore for the quarter ended December 2018, as compared to Rs 66.4 crore in the same period a year ago.
Revenue from operations stood Rs 2,657 crore for the quarter under review as compared with Rs 2,304 crore in the year-ago period.
The company's management remains optimistic about future growth and sees strong demand in both oil and gas as well as water sectors.
Post Market
Tata Motors – Miss
Shares on of the company settled 2.64 percent up at Rs 182.90 on the BSE.
The Auto major reported a consolidated net loss of Rs 26,960.8 crore for the third quarter ended December 31, hit by asset impairment in its British arm Jaguar Land Rover (JLR). The company had reported a net profit of Rs 1,214.6 crore in the October-December quarter of 2017-18.
The company said profit was impacted by an exceptional item of asset impairment in its British arm Jaguar Land Rover (JLR) of Rs 27,838 crore (3.1 billion pounds).
Total revenue from operations, however, rose 4.36 percent to Rs 77,582.71 crore as compared to Rs 74,337.7 crore in the year-ago period.
On a standalone basis, the company posted PAT of Rs 617.62 crore as against Rs 211.59 crore in the year-ago quarter.
Total standalone income rose to Rs 16,477.07 crore as against Rs 16,186.15 crore in the same period of previous fiscal.
JLR's revenue, however, declined 1 percent to 6.2 billion pounds.
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