TOP CORPORATE NEWS 28th APRIL 2014

http://www.capitalstars.com/freetrials.php





·  HUL Q4 PAT at Rs8.72bn

Hindustan Unilever Ltd has posted a net profit of Rs. 8721.30 mn for the quarter ended March 31, 2014 as compared to Rs. 7872.00 million for the quarter ended March 31, 2013. Total Income has increased from Rs. 65716.40 million for the quarter ended March 31, 2013 to Rs. 72447.30 mn for the quarter ended March 31, 2014.


·  IDFC drops after weak Q4 earnings


IDFC lost 2.72% after consolidated net profit declined 50.93% to Rs 257.94 crore on 0.05% growth in total income to Rs 2219.57 crore in Q4 March 2014 over Q4 March 2013.


·  Siemens gains after strong Q2 results

Siemens gained 2.36% after net profit jumped 194.7% to Rs 88.27 crore on 8.6% fall in net sales to Rs 2657.74 crore in Q2 March 2014 over Q2 March 2013.


·  Jubilant Life Sciences receives ANDA approval for Spironolactone Tablets

Jubilant Life Sciences Ltd announced that it has received ANDA approval from the US FDA for Spironolactone Tablets, 25 mg, 50 mg and 100 mg,which is used as a diuretic to treat fluid retention caused by congestive heart failure and cirrhosis of the liver.

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