Gold Silver Reports (GSR) – Yeddyurappa Says Will Prove Majority In 15 Days – Karnataka Chief Minister was confident that he will be able to prove a majority on the floor of the house. I have been given 15 days but I won’t take so long to prove the majority, Yeddyurappa told reporters in a press briefing.
Karnataka Election 2018: Jethmalani Moves Top Court Against Karnataka Governor
Senior lawyer Ram Jethmalani moved the Supreme Court in his personal capacity against the decision of the Karnataka Governor inviting BJP to form the government, news agency Press Trust of India reported.
📌 A bench headed by CJI Dipak Misra asks Jethmalani to mention his plea tomorrow before the bench concerned
📌 Governor’s order is a “gross abuse” of Constitutional power, Jethmalani tells SC
Gujarat State Fertilisers Falls After Profit Declines In March Quarter
Shares of the Gujarat-based fertiliser maker fell 7 percent, the most in over three months, to Rs 122.35 after its profit declined in March quarter.
Key earnings highlights:
📌 Revenue up 33 percent at Rs 2,055 crore versus Rs 1,542 crore
📌 Net profit down 17 percent at Rs 156 crore versus Rs 187 crore
📌 Tax credit of Rs 114.5 crore in base quarter
📌 EBITDA up 97 percent at Rs 227 crore versus Rs 115 crore
Margins at 11.0 percent versus 7.5 percent
Brigade Enterprises Falls After Q4 Net Profit Drops Over 75%
Shares of the Bengaluru-based real estate developer fell as much as 6.6 percent, the most in over two months, to Rs 240.30 after its net profit in March quarter dropped 75.64 percent.
Key earnings highlights:
📌 Net profit down 75.6 percent at Rs 18.05 crore versus Rs 74.10 crore (YoY)
📌 Revenue down 22 percent at Rs 433.54 crore versus Rs 553.74 crore (YoY)