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SumanSpeaks Capital Markets & Geopolitical Intelligence · Estd 2006 Governance · Regulatory Risk Reliance Power: When Legal Clouds Gather Over Market Euphoria ₹20,367 crore attached across the Reliance Anil Ambani Group. A ₹68.2 crore fake bank guarantee at the centre of it. A former CFO in custody for ten months and counting. And a stock that's still down more than half from its 52-week high even after a sharp rally. The market is pricing the turnaround. The Enforcement Directorate is pricing the history. Both can't be right forever. Reliance Power Ltd (₹24.07) has genuinely turned a corner operationally over the past two years — debt reduction, a growing renewable and BESS order pipeline, and periods of sharp investor re-rating. That part of the story is real and deserves credit. But sitting underneath that story is a live,...
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Karuturi Global reports consolidated net profit of Rs 18.45 crore in the March
Sales rise 18.58% to Rs 92.84 crore
Net profit of Karuturi Global reported to Rs.18.45 crore in the quarter ended March 2015 as against net loss of Rs.51.39 crore during the previous quarter ended March 2014. Sales rose 18.58% to Rs.92.84 crore in the quarter ended March 2015 as against Rs 78.29 crore during the previous quarter ended March 2014.

For the full year, net profit declined 53.00% to Rs 32.47 crore in the year ended March 2015 as against Rs.69.09 crore during the previous year ended March 2014. Sales declined 46.00% to Rs 266.23 crore in the year ended March 2015 as against Rs.493.06 crore during the previous year ended March 2014.

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