TOP CORPORATE NEWS-28th MAY 2014

















·JSW Steel logs Q4 profit of Rs 462.09cr
JSW Steel reported a consolidated net profit of Rs 462.09 crore for the quarter ended March 31, 2014 on the back of increased sales. The company had posted a net profit of Rs 328.03 crore in the corresponding period of the previous financial year.

·PFC's Q4 profit rises 9% to 1,411 cr
PFC posted a 9 percent rise in its net profit at Rs 1,411.41 crore for the quarter ended March 31, 2014 largely on account of an increase in income from operations.

·United Breweries Q4 net profit at Rs677.10mn
United Breweries Ltd has posted a net profit of Rs. 677.10 million for the quarter ended March 31, 2014 as compared to Rs. 58.50 mn for the quarter ended March 31, 2013.

·L&T bags $480mn EPC orders in Bangladesh
Larsen & Toubro has received two EPC (engineering, procurement and construction) orders worth $480mn in Bangladesh for setting up dual fuel-fired gas based combined cycle power plants in Bangladesh.

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