Indian markets had a strong week and market experts are looking forward to another week of strong action as companies will announce quarterly results.

Panacea Biotec has reported lower quarterly loss at Rs 28 crore compared to the same period last year. The company has managed to reduce its losses and increase its sales revenue to Rs 125 crore compared to Rs 99 crore for the same period last year.

The company also informed that it has received United States Food and Drug Administration (USFDA) approval for Oncology Parenteral Formulations.

Talking about the results, Panacea Biotec MD Rajesh Jain said, "The company's remediation measures have now started paying off. The company has registered impressive financial performance during the quarter ended June 30, 2019 with 28 per cent topline growth and earning positive earnings before interest, taxes, depreciation and amortization (EBITDA) of Rs 26.9 crore."

CESC has declared the results for the three months period ended March 31, 2009.

The company has posted a 9.30% growth in standalone net profit for the fourth quarter ended March 2009.

The company has registered a net profit at Rs 940 million, as against Rs 860 million during the same quarter last year.

Net sales during the period under review surged 18.18% to Rs 7,540 million, whereas total income for the quarter climbed 13.97% to Rs 7,750 million.

New York  - Profits at Time Warner media enterprise dropped 14 per cent in its fiscal first quarter as revenues were hit by an advertising slump and lower sales of DVDs.

The world's largest media company said that it earned 661 million dollars compared to 771 million dollars in the same quarter a year ago.

Revenue fell 7 per cent to 6.95 billion dollars. However the financial results beat Wall Street's expectations and the company's shares rose sharply in early trading Wednesday.

Aditya Birla Nuvo, a diversified conglomerate, has registered fall of 62.55 % in its net profit to Rs 26.39 crore for the quarter ended March 31.

The company had a net profit of Rs 70.48 crore in the same quarter ended March 2008.

However, company’s total Income has increased by 3.17% to Rs 1193.74 crore, from Rs 1156.95 crore for the quarter ended March 31, 2008.

UTV Software, the media and entertainment firm, has reported negative growth of 51% in its Net profit to Rs 13.22 crore for the quarter ended March 31, 2009, against Rs 27.07 crore.

However, its total income surged by 7% to Rs 20.87 crore, as against Rs 19.41 crore in the same quarter previous fiscal.

The company, for the year ended March 31, 2009 has posted a net profit (after tax) of Rs 101 crore, registering a growth of 30%, against Rs 77.70 crore in the same period last fiscal.