Kalpataru Projects profit up 37%

The fourth quarter earnings season is underway and important names like Bharat Heavy Electricals Ltd, Hyundai Motor India, and Emami reported their earnings for the January to March period on Friday, May 16. Hyundai Motor India's net profit dropped to ₹1,614 crore, revenue for the quarter rose marginally to ₹17,940 crore. Hyundai's EBITDA stood flat at ₹2,532, while margin narrowed by 20 basis points to 14.1%.