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The company reported PAT of Rs 149.03 crore, which represents a sequential QoQ increase of 28.35 per cent and a YoY increase of 1272.28 per cent.
The company's total sales for Q4FY17 came in at Rs 77217 crore, which represents a 20.78 per cent sequential increase and 2.88 per cent YoY decline.
Indian capital markets closed flat on the bourses on Tuesday. Nifty closed at 9386 down by 52 points, whereas Sensex closed lower by 205 points at 30,365 on Tuesday, May 23, 2017.
During FY17, the company's revenue decreased 5.2 per cent YoY to Rs 7892 crore and its EBITDA for the period dropped 7.1 per cent YoY to Rs. 685 crore.
The company reported PAT of Rs 20.7 crore which represents a sequential QoQ increase of 16.1 per cent and a YoY increase of 11.5 per cent.
The stocks which are expected to witness significant movement on May 24 are Adani Entreprises/Aptech/Bharat Forge, PPAP Automotive Limited,Coral India Finance & Housing Limited,Radico Khaitan Limited and Cerebra Integrated Technologies Limited.
The company reported PAT of Rs 10.49 crore, as against the net loss of Rs 10.57 crore in the last quarter of same year.
The company's total sales for Q4FY17 came in at Rs 142.38 crore, which represents a 14.34 per cent sequential decline and 1.03 per cent YoY increase.
The company reported PAT of Rs 55.9 crore, which represents a sequential QoQ increase of 49.9 per cent and a YoY increase of 34.4 per cent.
India on Monday said that it could invest in Saudi Aramco when the company floats its shares next year. The purchase of a stake in Aramco would enable Indian state refiners to set up a refining venture with the Saudi giant and strengthen ties with the world’s largest oil producer.
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