Jaypee Infratech Q4 net profit down 57% at R148.51 cr
Jaypee Infratech on Saturday reported a 57.48% fall in its standalone net profit at R148.51 crore for the fourth quarter ended March 31, 2013, largely due to many-fold increase in its interest outgo. The company had clocked R349.30 crore net profit in the year-ago period.
Chola posts profit after tax of R86 cr, growth of 59%
Cholamandalam Investments and Finance (Chola), part of the $4.4-billion Murugappa group, has posted a profit after tax (PAT) of R86 crore for the fourth quarter as against R54 crore in the corresponding quarter of the previous fiscal, registering a growth of 59%.