TOP CORPORATE NEWS 6th MAY 2014















HDFC Q4 PAT at Rs24147mn
Housing Development Finance Corporation Ltd has posted a profit after tax attributable to the Corporation and its subsidiaries of Rs. 24147mn for the quarter ended March 31, 2014 as compared to Rs. 20831.30 mn for the quarter ended March 31, 2013.

Canara Bank falls 3% post Q4,
Shares of Canara Bank fell 3 percent as its March quarter earnings were disappointing. Its net profit fell 15.8 percent (Y-o-Y) to Rs 610.83 while total income of the bank increased to Rs 11,609.72 crore.

Piramal Enterprises Q4 cons net loss at Rs 311 crore
Piramal Enterprises Ltd has posted a net loss after taxes, minority interest and share of profit / (loss) of associates of Rs. (3113.50) million for the Quarter ended March 31, 2014 whereas the same was at net loss of Rs. (2004.10) million for the Quarter ended March 31, 2013.

Bajaj Auto total sales down 4% in April
Bajaj Auto total sales stood at 3,31,529 units, down 4%, as compared with 3,44,178 units in the same month. The company reported a marginal decline in motorcycle sales at 2,99,636 units in April 2014.

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