New Delhi, May 29: State-owned Oil and Natural Gas Corporation today reported a 44 per cent jump in its fourth quarter profit as foreign exchange gains and lesser write-off on drilling of unsuccessful wells made up for a steep rise in subsidy outgo. Net profit rose to Rs 4,889 crore from Rs 3,387 crore a year ago, ONGC chairman and managing director Dinesh K. Sarraf said. The profit rose as the company gained Rs 3,098 crore from the depreciation of the rupee against the dollar.
New Delhi, May 29: Leading metals producer Hindalco Industries today reported a 48.51 per cent decline in standalone net profit at Rs 248.15 crore in the fourth quarter ended March because of exceptional items. The company had reported a profit of Rs 482.03 crore in the fourth quarter of 2012-13.
New Delhi, May 29: Sun Pharmaceutical Industries today reported a 56.89 per cent jump in consolidated net profit at Rs 1,587.12 crore for the fourth quarter ended March on account of stronger sales. It had reported a net profit of Rs 1,011.56 crore in the January-March quarter of 2012-13 .
bsp; Sun Pharma said in a BSE filing that net sales in Q4, 2013-14 jumped 31.64 per cent to Rs 4,043.57 crore from Rs 3,071.49 crore in the year-ago period.
