Wednesday, 23 October 2013

Q2FY14 Results Update

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 24th October 2013
 
Q2FY14 Results Update
 

Hi Promofree

 

KPIT Technologies

KPIT Cummins reported a 44.69% increase in the consolidated net profit to Rs.66.7 crores from Rs.46.1 crores on a year on year basis and an increase of 10.98% from Rs.60.1 crores on a sequential quarter on quarter basis. 

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Larson and Toubro

Larsen and Toubro (L&T) stock has gained to reach Rs.949 post its second quarter 2013-14 results on the back of the company getting new orders, domestic business delivering growth and operating cashflow turning positive for the company in Q2FY14.

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Wipro

Wipro reported a 20.12% increase in the consolidated net profit to Rs.1942 crores from Rs.1617 crores on a year on year basis and an increase of 19.04% from Rs.1632 crores on a sequential quarter on quarter basis.

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ING VYSYA BANK

ING Vysya Bank has posted good financial results for the quarter ended 30th September 2013. The bank recorded its 16th sequential quarter of PAT growth. 

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Arjun Parthasarathy

Website:www.investorsareidiots.com
Email:arjun@investorsareidiots.com
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Information herein is believed to be reliable but the editor of Investors are Idiots.com Arjun Parthasarathy does not warrant its completeness or accuracy. Opinions and estimates are subject to change without notice. This information is not intended as an offer or solicitation for the purchase or sale of any financial instrument. The financial markets are inherently risky and it is assumed that those who trade these markets are fully aware of the risk of real loss involved. Unauthorized copying, distribution or sale of this publication is strictly prohibited. The author of the articles may have investments in instruments that are the subject of the articles.

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