Tata Steel in limelight in view of Q4 results

Tata Steel Ltd, along with some other companies, will be announcing Q4 March 2017 results today, 20 April 2017. The other companies who will announce their results include – CRISIL, Cyient Ltd, Hindustan Zinc, Mastek and MindTree.

Meantime, Yes Bank’s net profit surged 30.2% to Rs 914.10 crore on 29.44% increase in total income to Rs 5.606.38 crore in Q4 March 2017 year on year.

The bank’s NPAs rose to Rs 2,018.56 crore as on 31 March 2017 v/s Rs 1,005.85 crore as on 30 December 2016 and Rs 748.98 crore as on 31 March 2016. The bank recommended the payment of final dividend Rs 12 per share for the year ended 31 March 2017. It has also approved raising of funds through issuance of debt securities including but not limited to NCDs, medium term notes, bonds upto Rs 20,000 crore, either in Rupee or foreign currency, for eligible investors on private placement.

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