Ø Tata Motors's consolidated net sales increased by 18.8%YoY to INR 799.2bn in 4QFY16 driven by strong performance of its British arm JLR and robust volume growth of its heavy and medium commercial vehicles. It reported an increase in PAT by 201.6%YoY to INR 51.7bn in 4QFY16.
Ø M&M's standalone revenue increased by 14.5%YoY to INR 108bn in 4QFY16 on healthy volume growth in both auto and tractor segment. PAT increased by 6%YoY to INR 5.8bn in 4QFY16.
Ø Sun Pharma's consolidated total income from operations increased by 24.9%YoY to INR 76.3bn in 4QFY16 and PAT increased by 92.7%YoY to INR 17.1bn in 4QFY16.
Ø Berger paints's consolidated income from operations increased by 8.6%YoY to INR 11.2bn in 4QFY16 and PAT increased by 59.8%YoY to INR 0.93bn in 4QFY16.
Ø Sundaram Finance's standalone PAT increased by 34.1%YoY to INR 1.2bn in 4QFY16. Disbursements increased by 11.5%YoY to INR 28.9bn in 4QFY16. NPA stood at 0.92% as on March 31, 2016.
Ø Coal India's consolidated total income from operations increased marginally by 0.3%YoY to INR 214bn in 4QFY16 and PAT increased by 0.2%YoY to INR 42.4bn in 4QFY16.
Ø NTPC's consolidated total income from operations decreased by 2.4%YoY to INR 787bn in 4QFY16 and PAT increased marginally by 2%YoY to INR 101.8bn in 4QFY16.
Ø Maruti Suzuki temporarily suspend production at both its plants beginning Monday afternoon as supply of components from Subros has been hit following a fire.
Ø Yes Bank partnered with Click&Pay, a mobile payment solutions enterprise, to facilitate cashless, secure and flexible transactions for customers.
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