Prestige EstatesBSE -2.45 % Projects: Realty firm Prestige Estates ProjectsBSE -2.45 % on Monday reported 75.51 per cent decline in its consolidated net profit at Rs 68.3 crore for the quarter ended December 2016. Its net profit stood at Rs 278.9 crore in the year-ago period.
PFS: PTC India Financial ServicesBSE -1.07 % (PFS) reported a rise of 19.8 per cent in its net profit at Rs 83.22 crore during the third quarter ended December 2016 of the current fiscal. The company’s net profit in corresponding December quarter of the previous fiscal was at Rs 69.45 crore.
CONCOR: Container Corporation of IndiaBSE -3.93 % (CONCOR) reported a 9.56 per cent decline in net profit to Rs 185.99 crore for the quarter ended December 31, 2016. The company had clocked a net profit of Rs 205.66 crore for the corresponding quarter in 2015-16.
SJVNBSE 3.33 % Ltd: The company on Monday posted a 23 per cent jump in its standalone net profit of Rs 261.06 crore in the quarter ended December 31, 2016. “The company has posted a net profit of Rs 261.06 crore for the quarter ended December 31, 2016, where as the same was at Rs 211.9 crore for the quarter ended December 31, 2015,” the company said in a BSE filing.
GMR Infrastructure: The company on Monday reported a standalone net loss of Rs 381.93 crore for the quarter ended December 2016. It had posted a net profit of Rs 40.01 crore in the corresponding quarter of the 2015-16.
Petronet LNG: The company has more than doubled its net profit to Rs 397 crore in the third quarter ended December 31 as it handled record volumes of imported gas. Net profit in October-December at Rs 397 crore was 133 per cent higher than Rs 171 crore in the same period a year ago.
Garware-Wall Ropes: Technical textilesBSE -2.96 % manufacturer Garware Wall Ropes (GWRL) reported a 22.3 per cent net profit after tax (PAT) to Rs 17.86 crore in the quarter ending December 31, 2016, compared to the same period last year. GWRL’s PAT stood at Rs 14.60 crore in the corresponding period of FY16.
NMDC: Country’s top iron ore miner NMDCBSE -2.17 % recorded a 41.33 per cent jump in its net profit to Rs 595.16 crore for the quarter ended December 2016, mainly on account of higher income. The state-run iron ore miner had clocked a net profit of Rs 421.10 crore for the corresponding quarter of 2015-16.
MMTC: The state-run trading firm MMTCBSE 6.35 % reported a net profit Rs 74 crore for the third quarter to December, much higher than the Rs 19.89 crore a year ago, on account of higher income. The company’s net income from operations stood at Rs 4,949.74 crore as against Rs 3,635.4 crore in the corresponding quarter of the previous fiscal.
Balmer Lawrie & Co: Diversified PSU Balmer Lawrie & Co on Monday posted a net profit of Rs 26.08 crore for the third quarter ended December 31, 2016, against Rs 33.47 crore in the year-ago period.
BEML: Defence equipment manufacturer BEMLBSE 0.83 % reported over two-fold growth in net profit at Rs 21.74 crore for the October-December quarter. The state-run company had reported a profit after tax of Rs 9.73 crore at the end of third quarter of last fiscal.
Infosys: InfosysBSE -0.61 %, in its 33 years of existence, has for the first time recorded negative growth in employee hiring this fiscal, said a senior official of the Telangana Government on Monday, citing the IT giant’s co-founder N R Narayana Murthy. Jayesh Ranjan, Secretary of IT Department, quoting Murthy, said the Bengaluru-based IT bellwether had recruited about 6,000 people so far in the current fiscal as against 20,000 to 25,000 every year.