March Quarter

News

Slowdown deepens as Q1 GDP growth falls to 5%

This is the slowest pace in more than six years and creates ample room for RBI to respond with deeper interest rate cutsThe only sector that has registered a robust pickup is electricity, growing at 8.6% in June quarter from 4.3% in March quarter

2 min read30 Aug 2019
Markets

Bajaj Finance puts up a strong show, but consumption slowdown emerges

Consumer loans grew by over 50% from the year-ago period, while loans to small businesses increased by 38%Bajaj Finance’s asset liability position is comfortable and nearly 13% of its borrowings are from retail deposits

2 min read16 May 2019
Companies

Vedanta posts 46% fall net profit on one-time reversal in impairment gain

Shutdown of the copper smelter at Thoothukudi weighed on its revenue, shrinking 15% year-on-year to ₹23,092 crore in Q4For FY20, Vedanta’s management outlined a capital expenditure plan of $1.4 billion

2 min read7 May 2019
Companies

Sanofi India Q1 net profit up 13% to ₹92.9 crore

The total income of the company stood at ₹740.3 crore during the quarterShares of Sanofi India Ltd were trading at ₹5,571.75 per scrip on the BSE, up 0.43% from its previous close

1 min read7 May 2019
Companies

Apple cuts Q1 production plan for new iPhones by 10%: Report

Apple is cutting planned production for its three new iPhone models by about 10% for the March quarter, a week after the company slashed its quarterly sales forecast

1 min read9 Jan 2019
Market

Telecom: With incumbents holding their own, Reliance Jio stays in disruption mode

Apart from continued erosion in tariffs, telecom firms were hit by a cut in international termination rates in March quarter but held their own in terms of voice and data traffic

1 min read7 Jun 2018
Politics

India's 2017/18 fiscal deficit at 3.5% of GDP

The government revised fiscal deficit target in February to 3.5% of GDP from 3.2% of GDP for the 2017/18 fiscal year

1 min read31 May 2018
Companies

HPCL Q4 profit dips 4% on lower refining margin

HPCL earned $7.07 on turning every barrel of crude oil into fuel in the fourth quarter as compared to a gross refining margin of $7.99 per barrel a year ago

2 min read23 May 2018
Companies

Sanofi India March quarter profit rises 37% at Rs82 crore

Sanofi India reported 37.27% rise in net profit to Rs82.5 crore for the quarter ended 31 March 2018 as against Rs60.1 crore in the same period last fiscal

1 min read8 May 2018
Market

Maruti Suzuki's March quarter earnings miss won't dent its valuations

For Maruti Suzuki, the cost pressures that dragged net profit down during the March quarter are mostly one-offs

2 min read28 Apr 2018