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India

Steel

Gallantt Ispat Dec-qtr profit rises

Gallantt Ispat Ltd : Dec quarter net profit 93.1 million rupees versus 81.7 million rupees year ago .Dec quarter net sales 1.14 billion rupees versus 1.43 billion rupees year ago.

3:59pm IST

Hesteel sees 2016 net profit up 161.6-179.0 pct

Hesteel Co Ltd :Says it expects 2016 net profit to rise 161.6-179.0 percent y/y to about 1.5-1.6 billion yuan ($218.44-$233.00 million).

2:57pm IST

Lloyds Metals & Energy Dec-qtr profit rises

Lloyds Metals & Energy Ltd : Dec quarter net profit 4.3 million rupees versus profit 2.5 million rupees year ago . Dec quarter net sales 1.12 billion rupees versus 738.8 million rupees year ago . Says approved re-appointment of Babulal Agarwal as MD . Says signed MoU with Maharashtra Industrial...

2:28pm IST

Gansu Jiu Steel expects to return to net profit in 2016

Gansu Jiu Steel Group Hongxing Iron & Steel Co Ltd :Says it expects to return to net profit of about 78 million yuan ($11.35 million) in 2016 versus net loss of 7.4 billion yuan year ago.

1:30pm IST

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