Quarter 4 Results : Hindustan Motors Q4 net up Rs 18.01 crore

 Hindustan Motors today reported a net profit of Rs 18.01 crore for the fourth quarter ended March 31, 2012.

The company had posted a net loss of Rs 6.97 crore in the same period of 2010-11.

Net sales of the company declined to Rs 134.93 crore for the fourth quarter, as against Rs 155 crore in the same period of 2010-11 fiscal, the company said in a statement.

Hindustan Motors reported a loss of Rs 29.96 crore for the fiscal ended 2011-12 due to adverse foreign exchange rate.

The company had posted a net profit of Rs 75 lakh in the previous fiscal.

The company's net revenue from operations for the fiscal 2011-12 stood at Rs 495.48 crore, as against Rs 654.79 crore in the previous year, .

Shares of Hindustan Motors today closed at Rs 9.45 apiece on the BSE, down 0.74 per cent from its previous close.

Quarter 4 Results : HUL Q4 net profit up 21%, beats forecast

India's largest FMCG company Hindustan Unilever's ( HUL ) fourth quarter net profit rose better-than-expected 21% year-on-year to Rs 687 crore, helped by strong growth across segments. Analysts on average had expected HUL to report a net profit of Rs 649 crore, according to a CNBC-TV18 poll,
HUL,the unit of Anglo-Dutch Unilever Plc, reported net sales of Rs5,660.5 crore in the Jan-March quarter, up 16% from a year ago.

In the fourth quarter, HUL had exceptional items, which included gain ofRs 34.73 crore from sale of properties and Rs 5.78 crore provisionfor retirement benefits among other things. In the year ago quarter it had exceptional gain of Rs 47.8 crore from sale of properties anda few other provisions. Its net profit before exceptional items wasup 29%, HUL said.

During the three-month period, the company's domestic consumer business grew 20% with a volume growth of 10%.

Among key segments, soaps & detergents revenue rose 28% year-on-year to Rs 2,834.38 crore in Jan-March.

Personal products revenue was up 17% year-on-year to Rs 1,710.94 crore. The company said, skin care brands like Ponds, Fair & Lovely and Vaseline and hair care brands continued double-digit growth. However,growth in oral care continued to be modest amid high competition.

While,beverages sales rose 8% to Rs 683.2 crore, coffee grew in double digits. HUL's packaged foods revenue was up 10% from a year ago to Rs348 crore.

Revenue from other segments, which includes exports, chemicals and the Pure-it water purifier business, however, fell 47% from a year ago to Rs 182.30 crore.

HUL's total expenses in the quarter were up 14% to Rs 4,989.6 crore. Its advertising and promotional spends went up 9% from a year ago and employee benefits expenses were up 17%.


HULshares closed at Rs 417.60 on Monday, unchanged from Friday's closed

Quarter 4 Results : Taj GVK Q4 PAT down at Rs 7 cr

Taj GVK Hotels & Resorts has announced its fourth quarter results. The company’s Q4 PAT was down at Rs 7 crore versus Rs 13 crore, year-on-year, (YoY).

Its net sales were up at Rs 71 crore versus Rs 69 crore, YoY.

Quarter 4 Results : Vijaya Bank Q4 net up 235% YoY on lower provisioning

State-owned Vijaya Bank on Monday reported more than two-fold (or 235%) jump in its fourth quarter (Jan-March) net profit, bolstered by lower provisioning and administrative costs. Net interest income or the difference between interest earned and paid out, inched up 3% to Rs 493 crore.

During the three month period, provisions (other than tax) and contingencies dropped from Rs 162 to Rs 89 crore, a sharp fall of 82% y-o-y. Similarly, operating expenses fell nearly 40% to Rs 367 crore in the same period.

The bank's asset quality has improved. Gross non-performing asset ratio fell from 2.98% to 2.93% sequentially while net NPA ratio decreased from 1.81% to 1.72%. The lender expanded its loan book by 19% y-o-y (at about Rs 58,000 crore), which is higher than the industry average of 16% in FY12. However, deposits grew at slower pace by 13% to Rs 83,000 crore

Vijaya Bank has proposed to pay a dividend of Rs 2.50 per share. At 15.15 hours, its shares were trading at Rs 58.70, up 3.50% on the NSE.

Quarter 4 Results : Dabur India Q4 cons PAT at Rs 171 cr

Dabur India has announced its fourth quarter results. The company's Q4 consolidated PAT at Rs 171 crore versus Rs 147 crore, year-on-year, YoY.

Its consolidated net sales were up at Rs 1,363 crore versus Rs 1,108 crore, YoY.

The company will pay final dividend of Rs 0.75 per share.

Quarter 4 Results : OBC Q4 PAT down 21% at Rs 265 cr

Oriental Bank of Commerce has announced its fourth quarter results. The bank's Q4 net profit was down 20.65% at Rs 265 crore versus Rs 334 crore, YoY.

Its gross NPA was up at 3.17% versus 2.92%, QoQ.

Its gross NPA was up 10.76% at Rs 3580 crore versus Rs 3,232 crore, QoQ.

Its NII was up 5.42% at Rs 1068 crore versus Rs 1,013 crore, YoY.

The company's net NPA was up at 2.21% versus 1.89%, QoQ.

Its provisioning coverage ratio was at 61.52%.

Quarter 4 Results : Godrej Consumer Q4 cons net up 36% YoY at Rs 193 cr

FMCG company Godrej Consumer Products ' fourth quarter consolidated net profit rose 36% year-on-year to Rs 193 crore, helped by strong sales growth.

Net sales for the three-month period were up 31% from a year ago to Rs 1,323 crore. The company also crossed USD 1 billion revenue for fiscal 2012.

Godrej Consumer's sales in the soaps category (personal wash) rose 30% year-on-year, with 17% volume growth. Household insecticide sales were up 28% and hair care segment saw 13% growth in Jan-March quarter.

In its international operations, sales were up 49% to Rs 518 crore, while domestic sales rose 21% to Rs 807 crore.

The company's EBITDA margin was at 18.9% in Jan-March, up 150 bps year-on-year.

Godrej Consumer shares hit a 52-week high of Rs 541.90 on NSE as investors cheered the company's results. At 13:00 hrs, the stock was up 1.5% at Rs 534.75.

Quarter 4 Results : United Phosphorus Q4 cons PAT at Rs 202 cr

United Phosphorous has announced its Q4 consolidated results. The company's PAT at Rs 202 crore versus Rs 218 crore, year-on-year, YoY.

Its Q4 consolidared net sales were up at Rs 2119 crore versus Rs 1805 crore, YoY.

Quarter 4 Results : Bank of India Q4 net up 93% on high net interest income

Public sector lender Bank of India (BOI) has reported a whopping 93%Year-on-Year jump in its fourth quarter (Jan-March) net profit at Rs 953 crore, driven by higher interest income and lower operating expenses.

Net interest income or the difference between interest earned and paid out rose 21% sequentially to Rs 2501 crore. However, net profit increased at a slower pace by 7.6% to Rs 2678 crore for fiscal year ending March 31, 2012

The bank's global loan book expanded more then 16% to Rs  2.49 lakh crore, while deposits grew at a muted pace nearly 6.5% to 3.18 lakh crore.
Post the result announcement, BOI stock rose 5% to Rs 352.25.

Public sector lender Bank of India (BOI) has reported a whopping 93%Year-on-Year jump in its fourth quarter (Jan-March) net profit at Rs 953 crore, driven by higher interest income and lower operating expenses.

 Net interest income or the difference between interest earned and paid out rose 21% sequentially to Rs 2501 crore. However, net profit increased at a slower pace by 7.6% to Rs 2678 crore for fiscal year ending March 31, 2012

The bank's global loan book expanded more then 16% to Rs  2.49 lakh crore, while deposits grew at a muted pace nearly 6.5% to 3.18 lakh crore.
Post the result announcement, BOI stock rose 5% to Rs 352.25.