Revenue for the three months ended March 31 rose 14 per cent to US$227 million, GLP said. Full-year net profit rose 10.4 per cent to a record US$793.7 million. Global Logistic Properties (GLP), the GIC-backed owner of modern warehouses and distribution centres, posted a 62 per cent surge in fourth-quarter net profit to US$247 million (S$342 million), driven by higher asset values. GLP said its development and fund management businesses delivered strong recurring income, with development pre-tax profit of US$266 million and fund fees up 21 per cent to US$181 million. GLP started US$2.2 billion of developments and completed US$1.6 billion of projects in its 2017 fiscal year, with average development profit margin of 28 per cent.
as informed in
more-inThe State Bank of India (SBI) on Friday reported 123% increase in its net profit to ₹2,815 crore for the quarter ended March, driven by healthy growth in net interest income and a lower base. The net Interest Income increased by 17.33%, from ₹5,401 crore to ₹18,071 crore during the year under review. "The major contributors [of non- Interest Income] were Profit on Sale of Investments, Fee Income, Forex Income and Recovery in Written-Off Accounts," the SBI said. The bank's Net Interest Margin from domestic operations declined by 16 basic points year-on-year to 3.11% as on March 17 from 3.27% as on March 16 and increased by 8 basic points sequentially from 3.03% as on December 16. However, the non-Interest Income decreased marginally by 2.43%, from ₹10,585 crore in Q4FY16 to ₹10,327 crore in Q4FY17.
in crore)Q4FY17 YoY (%) Revenue 4,992.6 55.1 EDITDA 235.6 [47.9] EBITDA Margin (%) 4.7 [934] Net Profit (adjusted) 596.9 0***EBITDA margin change is bpsView Suzlon Energy Buy Reco. Price 19.8 Last updated on 16-May-2017 Know MoreSUZLON ENERGY LTD. consolidated revenue for the quarter came in at Rs. EBITDA margin for the quarter stood at 4.7%. This margin contraction was aided by adverse movements in inventories.The PAT for the quarter stood to Rs. This was primarily driven by 44% yoy increase in revenues from wind turbine generator business.EBITDA for the quarter fell by 47.9% yoy to Rs.
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State Bank of India Q4 net profit more than doubles
more-inThe State Bank of India (SBI) on Friday reported 123% increase in its net profit to ₹2,815 crore for the quarter ended March, driven by healthy growth in net interest income and a lower base. The net Interest Income increased by 17.33%, from ₹5,401 crore to ₹18,071 crore during the year under review. "The major contributors [of non- Interest Income] were Profit on Sale of Investments, Fee Income, Forex Income and Recovery in Written-Off Accounts," the SBI said. The bank's Net Interest Margin from domestic operations declined by 16 basic points year-on-year to 3.11% as on March 17 from 3.27% as on March 16 and increased by 8 basic points sequentially from 3.03% as on December 16. However, the non-Interest Income decreased marginally by 2.43%, from ₹10,585 crore in Q4FY16 to ₹10,327 crore in Q4FY17.
Suzlon Energy consolidated net profit stood at Rs.596.9 crore in Q4FY17 vs Net loss of Rs323.8 crore
in crore)Q4FY17 YoY (%) Revenue 4,992.6 55.1 EDITDA 235.6 [47.9] EBITDA Margin (%) 4.7 [934] Net Profit (adjusted) 596.9 0***EBITDA margin change is bpsView Suzlon Energy Buy Reco. Price 19.8 Last updated on 16-May-2017 Know MoreSUZLON ENERGY LTD. consolidated revenue for the quarter came in at Rs. EBITDA margin for the quarter stood at 4.7%. This margin contraction was aided by adverse movements in inventories.The PAT for the quarter stood to Rs. This was primarily driven by 44% yoy increase in revenues from wind turbine generator business.EBITDA for the quarter fell by 47.9% yoy to Rs.
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collected by :Jack Luxor
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