5 votes
The countrys largest sugar refiner Shree Renuka Sugars has posted a 15.38 per cent rise in consolidated net profit at Rs 90.20 crore for the quarter ended June 30, 2010 compared to Rs 78.10 crore in the corresponding quarter of the previous year.
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8 votes
Fertilisers and Chemicals Travancore Limited (FACT) registered a net profit of Rs 3.68 crore for the quarter ended June 30, 2010, as against a net loss of Rs 34.54 crore during the same period last year.
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6 votes
The adverse impact of rate wars and foreign exchange losses has resulted in Bharti Airtel, the countrys largest telecom service provider, showing a decline (over the same period last year) in net profit by 32 per cent to Rs 1,682 crore during the quarter ended June.
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3 votes
Real estate company Parsvnath Developers today said its first-quarter net income jumped 118 per cent to Rs 259 crore, compared to Rs 119 crore in the same period last year.
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2 votes
Bajaj Hindusthan today reported a net loss of Rs 14.9 crore for the quarter ended June 30, after five profitable quarters, hit by a sharp decline in sugar realisation and rising interest cost. The countrys largest sugar producer had posted a net profit of Rs 60 crore in the corresponding quarter last year.
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3 votes
Novelis Inc, the Canadian subsidiary of the countrys largest aluminium producer, Hindalco Industries, said its first-quarter net profit fell to $50 million, from $143 million in the year-ago period, due to mismatch in realisation of derivatives.
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9 votes
Substantial improvement in Jaguar and Land Rover (JLR) operations and improved standalone sale of trucks and buses helped it get out of the red, having showed consolidated loss of Rs 328 crore for the same quarter last year.
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5 votes
Hindustan Motors, maker of the iconic Ambassador car, today said it would take necessary steps to ensure the car makers net worth, already eroded by more than 50 per cent by the end of 2009-10, does not decline further.
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3 votes
Ajay Piramal-promoted Piramal Healthcare has posted a consolidated net profit of Rs 80.7 crore for the June quarter, 5.1 per cent less than Rs 85.1 crore in the corresponding period last year.
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8 votes
Reliance Capital posted a 49 per cent drop in the profit after tax to Rs 77 crore for the quarter ended June, as against Rs 151 crore in the corresponding period last year, mainly due to decline in the profit of its general insurance arm.
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8 votes
Net profit of Kolkata-based Srei Infrastructure Finance rose 20 per cent to Rs 46.65 crore for the first quarter ended June, against Rs 39 crore during the corresponding period last year.
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8 votes
City-based GMR Infrastructure yesterday said its first-quarter net profit rose 26.2 per cent over the corresponding period last year, due to sound business growth in road and airport segments. Net profit for the June quarter advanced to Rs 28.4 crore, from Rs 22.5 crore.
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4 votes
Manufacturer of generic and active pharmaceutical ingredients (APIs) Aurobindo Pharma Limited reported a 69 per cent decline in net profit to Rs 51.5 crore for the quarter ended June 2010, as compared with Rs 166.57 crore in the corresponding quarter last year.
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5 votes
The Coconut Development Board (CDB) has launched a global campaign to promote export of coconut products, and has set an export target of Rs 600 crore for the current fianancial year. In the quarter ended June 30, exports touched Rs 125 crore and are expected to cross the target by the end of the financial year.
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6 votes
French bank Societe Generale beat forecasts with an almost fourfold leap in second-quarter net profit as lighter loan-loss provisions and toxic assets helped offset weaker investment banking revenue.
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