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Thursday 28 April 2016

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TOP CORPORATE NEWS- 28 Apr 2016

Nifty Future Tips

Dabur India Q4 consolidated net profit up 17% (YoY)
Dabur India has announced the following audited Q4 & FY16 results for the quarter & year ended March 31, 2016:
Standalone
For the Quarter ended March 31, 2016 (YoY)
The Company has posted a net profit of Rs289.03 crore Vs Rs212.94 crore.
Total Income increased to Rs1566.89 crore Vs Rs1429.21 crore.

DLF launches Mall of India at investment of Rs1700 croresa
DLF launches Mall of India (2 million sq ft built at an investment of Rs1700 crore) – Positive for DLF
As per media reports, DLF officially launched Mall of India in Noida. The mall built at an investment of Rs1700 crore is spread across 2 million square feet.
As much as 95% of the space in the mall has been leased out with as many as 14 anchor partners.

ACC Q1 consolidated net profit down 4% (YoY)
ACC Ltd has announced the following results for the quarter ended March 31, 2016
Standalone
For the Quarter ended March 31, 2016 (YoY)
The Company has posted a net profit of Rs232.19 crore Vs Rs240.55 crore.
Total Income has decreased to Rs3039.52 crore Vs Rs3139.22 crore.

Ceat Q4 consolidated net profit up 11% (YoY)
Ceat has announced the following Q4 & FY16 audited results for the quarter & year ended March 31, 2016:
Standalone
For the Quarter ended March 31, 2016 (YoY)
The Company has posted a net profit of Rs102.23 crore Vs Rs89.44 crore.
Total Income decreased to Rs1397.55 crore Vs Rs1431.77 crore.

Aurobindo gets tentative nod from USFDA for Tadalafil
Aurobindo gets tentative nod from USFDA to manufacture and market Tadalafil, used in treating erectile dysfunction and for treatment of pulmonary hypertension – Positive for Aurobindo.

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