Intellect Design Arena: Ace investor Rakesh Radheyshyam Jhunjhunwala and his wife Rekha Rakesh Jhunjhunwala sold 10 lakh and 32.30 lakh shares, respectively, in Intellect Design Arena through bulk deals on Tuesday.
MTNL: State-run telecom firm MTNLBSE -2.36 % reported widening of its standalone net loss at Rs 819.96 crore, surpassing its total revenue, during the three-month period ended December 31, hit by increase in finance cost. The company had posted a net loss of Rs 671.59 crore in the same period a year ago.
Gitanjali Gems: The company on Tuesday announced a 73 per cent fall in its standalone net profit at Rs 5 crore for the quarter ended December 2016 on lower sales and high interest cost. It had clocked a net profit of Rs 18.46 crore in the same period of 2015-16.
SpiceJet: Bogged down by demonetisation and higher fuel costs, SpiceJetBSE -3.34 % reported a 24 per cent fall in net profit at Rs 181.1 crore in three months ended December 2016 even as the second largest low-cost carrier remained in the black for the eighth straight quarter. The airline had posted a net profit of Rs 238.39 crore in the corresponding quarter a year ago.
Unitech: Realty firm UnitechBSE 3.93 % posted a consolidated net loss of Rs 17.13 crore for the quarter ended December. Its net loss stood at Rs 12.25 crore in the year-ago period.
Adani Enterprises: The company registered a 62 per cent rise in consolidated net profit at Rs 340 crore for the quarter ended December 31, 2016 on improved income. It had clocked a net profit after taxes, minority interest and share of profit/loss of joint ventures and associations at Rs 210 crore in the corresponding quarter of the previous fiscal.
IVRCL: Infrastructure major on Tuesday posted narrowing of its net loss to Rs 249.27 crore for the third quarter ended December 2016. The company had registered a net loss of Rs 345.47 crore in the same period a year ago.
National Fertilizers: State-owned National Fertilizers LtdBSE 0.15 % reported 43 per cent decline in its net profit at Rs 73.24 crore for the quarter ended December 2016. The company’s net profit stood at Rs 129.34 crore in the year-ago period.
Earnings Today: Nestle IndiaBSE 0.69 % and Castrol IndiaBSE -0.04 % will announce their financial results for the quarter ended December 31, 2016 on Wednesday.
PC Jeweller: PC Jeweller posted a 27.39 per cent fall in its standalone net profit at Rs 106.97 crore in third quarter of 2016-17 due to poor domestic sales following demonetisation. The company had clocked a net profit of Rs 147.34 crore in the year-ago period.