On a consolidated basis, DLF's net profit fell 38.6% to Rs 211.70 crore on 2.5% decline in net sales to Rs 2616.78 crore in Q4 March 2012 over Q4 March 2011. EBIDTA (Earnings Before Interest Taxes Depreciation and Amortization) increased 9% to Rs 928 crore in Q4 March 2012 over Q4 March 2011.

DLF booked 6.75 million square feet (msf) of gross sales in Q4 March 2012 versus 3.8 msf in Q4 March 2011 and 3.3 msf in Q3 December 2011. DLF reported a net leasing of 0.25 msf in Q4 March 2012. Delivered approximately 0.54 msf of residential and commercial office space combined. Realized approximately Rs 152 crore through non-core asset divestments.

Reliance Power and Hindalco Industries will be in focus on reports the government has removed roadblocks to coal mining by these companies. A group of ministers recommended to the cabinet on Wednesday that Reliance Power's Chhatrasal block, which is attached to the 4,000 mw Sasan Ultra Mega Power Project, and Mahan block for captive use by Hindalco and Essar should be given forest clearance, subject to some conditions.

The projects have been mired in controversy after the Comptroller and Auditor General of India said in a leaked draft report that the government had given undue benefits to private companies by handing out coal blocks, a charge vehemently denied by the coal ministry and Prime Minister Manmohan Singh.

Public sector oil marketing companies (PSU OMCs) and oil exploration firms will be in focus as oil prices fell to multi-month lows on Wednesday and looked set to post their biggest monthly declines since October 2008, a month after the collapse of Lehman Brothers. US crude futures were down 0.3% at $87.60 a barrel on Thursday, after slumping $2.94 to settle at $87.82, the lowest settlement since October 21, 2011.

Lower crude oil prices could decrease under-recoveries of state-run oil marketing companies (PSU OMCs) on domestic sale of diesel, LPG and kerosene at controlled prices. The government has already freed pricing of petrol. Lower crude oil prices will result in lower realizations from crude sales for oil exploration firms.

Net profit of Jaiprakash Associates fell 6.52% to Rs 283.81 crore on 3.1% rise in net sales to Rs 4026.35 crore in Q4 March 2012 over Q4 March 2011.

On a consolidated basis, Godrej Industries' net profit fell 60.7% to Rs 42.72 crore on 2% increase in net sales to Rs 1394 crore in Q4 March 2012 over Q4 March 2011.

Tata Chemicals net profit rose 150.76% to Rs 185.11 crore in the quarter ended March 2012 as against Rs 73.82 crore during the previous quarter ended March 2011. Sales rose 49.16% to Rs 2039.72 crore in the quarter ended March 2012 as against Rs 1367.51 crore during the previous quarter ended March 2011.

Jindal Saw net profit declined 36.25% to Rs 51.12 crore in the quarter ended March 2012 as against Rs 80.19 crore during the previous quarter ended March 2011. Sales rose 31.39% to Rs 1518.00 crore in the quarter ended March 2012 as against Rs 1155.35 crore during the previous quarter ended March 2011.

PTC India net profit declined 8.41% to Rs 30.05 crore in the quarter ended March 2012 as against Rs 32.81 crore during the previous quarter ended March 2011. Sales declined 28.27% to Rs 1443.65 crore in the quarter ended March 2012 as against Rs 2012.74 crore during the previous quarter ended March 2011.

Gujarat Narmada Valley Fertilisers Company net profit declined 45.10% to Rs 75.15 crore in the quarter ended March 2012 as against Rs 136.89 crore during the previous quarter ended March 2011. Sales rose 37.03% to Rs 1154.30 crore in the quarter ended March 2012 as against Rs 842.34 crore during the previous quarter ended March 2011.

BGR Energy Systems net profit declined 31.70% to Rs 67.17 crore in the quarter ended March 2012 as against Rs 98.35 crore during the previous quarter ended March 2011. Sales declined 21.93% to Rs 1137.70 crore in the quarter ended March 2012 as against Rs 1457.28 crore during the previous quarter ended March 2011.

Aban Offshore net profit declined 6.11% to Rs 22.57 crore in the quarter ended March 2012 as against Rs 24.04 crore during the previous quarter ended March 2011. Sales declined 42.36% to Rs 165.73 crore in the quarter ended March 2012 as against Rs 287.52 crore during the previous quarter ended March 2011.

Financial Technologies (India) reported net profit to Rs 282.73 crore in the quarter ended March 2012 as against net loss of Rs 116.66 crore during the previous quarter ended March 2011. Sales rose 35.17% to Rs 118.10 crore in the quarter ended March 2012 as against Rs 87.37 crore during the previous quarter ended March 2011.

Gujarat State Fertilizers & Chemicals net profit rose 12.28% to Rs 230.34 crore in the quarter ended March 2012 as against Rs 205.14 crore during the previous quarter ended March 2011. Sales rose 36.30% to Rs 1530.00 crore in the quarter ended March 2012 as against Rs 1122.49 crore during the previous quarter ended March 2011.

Anant Raj Industries net profit declined 62.53% to Rs 11.21 crore in the quarter ended March 2012 as against Rs 29.92 crore during the previous quarter ended March 2011. Sales rose 5.89% to Rs 65.43 crore in the quarter ended March 2012 as against Rs 61.79 crore during the previous quarter ended March 2011.