Triveni Turbine: Triveni TurbineBSE 1.36 % posted around 18 per cent jump in its consolidated net profit for the December quarter at Rs 35.82 crore. Its consolidated net profit for the quarter ended December 31, 2015 stood at Rs 31.22 crore.
Hathway CableBSE 1.11 % and Datacom: The company’s standalone net loss widened to Rs 44.40 crore during the third quarter ended on December 31, 2016. It had posted net loss of Rs 41.18 crore in the October-December period a year ago.
ManappuramBSE 7.91 % Finance: The company registered an over two-fold jump in its consolidated net profit at Rs 202.54 crore third quarter ended December, 2016. Its net profit in the corresponding October-December quarter of 2015-16 was Rs 100.34 crore.
Reliance Power: The company on Wednesday posted a 14.4 per cent yoy rise in its consolidated net profit at Rs 275.7 crore for the third quarter ended December 31, 2016.
Union Bank ofBSE -4.23 % India: Public-sector Union Bank of IndiaBSE -4.23 % posted a 32.4 per cent jump in net profit at Rs 104 crore for third quarter ended December 31, 2016, on healthy earnings from interest. The bank’s net profit had stood at Rs 78.54 crore in the year-ago period.
Reliance Infrastructure: The Competition Commission has approved the acquisition of power transmission business of Anil Ambani-led Reliance Infrastructure Infrastructure by Adani group firm Adani Transmission. As per the deal, R-Infra will sell its Western Region Transmission Gujarat project (WRTG) and the Western Region Transmission Maharashtra project (WRTM) to Adani Transmission.
Tata Motors: The auto major on Wednesday reported a 3 per cent rise in global sales in January at 95,081 units, including that of Jaguar Land Rover (JLR) vehicles. The company had sold 93,355 units in January 2016.
United Breweries: For the quarter ended December 31, 2016, the company reported a net profit of Rs 48.49 crore, down 32 per cent, against Rs 71.25 crore in the corresponding quarter last year.
Earnings Today: Andhra BankBSE 0.35 %, Aurobindo PharmaBSE 1.37 %, Bank of India, Bata IndiaBSE -0.45 % and JK Tyre & Industries will announce their financial results for the quarter ended December 31, 2016 on Thursday.