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Tuesday 9 August 2016

TOP CORPORATE NEWS - 09 AUG 2016

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Tata Global Beverages Q1: Net Profit up 51.8% at Rs119.5 Cr
Tata Global Beverages Q1: Net Profit up 51.8% at Rs119.5 Cr
Total Income up 3.7% at Rs1, 734.2 Cr YoY
EBITDA up 30.6% at Rs238.5 Cr
EBITDA Margin at 13.8% Vs 10.9% (YoY).

Tata Motors July 2016 group global wholesale sales grow 20% YoY
Tata Motors July 2016 group global wholesale sales grow 20% yoy at 88,159 units; in line with estimates
Tata Motors Group global wholesales in July 2016, including Jaguar Land Rover, were at 88,159 units, higher by 20%, over July 2015.
Sales of Tata Motors commercial vehicles and Tata Daewoo range in July 2016 were flat yoy at 30,363 units.
Passenger vehicle sales were at 57,796 units, higher by 34% yoy. Jaguar Land Rover sales were 43,932 vehicles a growth of 35% yoy.

Century Textiles reports Q1 net profit at Rs0.93 crore
Century Textiles & Industries Ltd has announced the following Unaudited Standalone results for the quarter ended June 30, 2016 (YoY):
The Company has posted a net profit of Rs0.93 crore Vs net loss of Rs43.23 crore.
Total Income increased by 2.99% to Rs2083.79 crore Vs Rs2023.19 crore.

Apollo Tyres Q1FY2017 results: Ahead of estimates on all fronts
Apollo Tyres Ltd announced the following unaudited results for the quarter ended June 30, 2016:
Standalone
Net profit at Rs236.24 crore vs Rs221.64 crore (YoY)
Total Income at Rs2291.23 crore vs Rs2155.53 crore (YoY)

Godrej Properties Q1 consolidated net profit up 9% (YoY)
Godrej Properties Ltd has announced the following Q1 results for the quarter ended June 30, 2016 (YoY):
Standalone
The Company has posted a net profit of Rs45.84 crore Vs Rs19.82 crore (YoY).
Total Income increased to Rs178.46 crore Vs Rs138.06 crore (YoY).

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