2 votes
Anil Limited (APL), a flagship company of food and bio-industrial focused Anil Group, reported a net profit of Rs 9.09 crore for the quarter ended September 30, 2010, up by 70.54 per cent over Rs 5.33 crore during the corresponding period of last fiscal.
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4 votes
Aurobindo Pharma Ltd reported a 92 per cent jump in consolidated net profit to Rs 198.32 crore in the quarter ended September 30, compared with Rs 103.19 crore in the same period of 2009-10. Net sales were up 26 per cent to touch Rs 1,112.62 crore from Rs 882.64 crore in the previous comparable period.
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4 votes
Setco Automotive Ltd,an automotive clutch manufacturing company has posted a 43 per cent rise in net profit during the second quarter of the fiscal at Rs6.46 crore compared to Rs 4.51 crore in the corresponding quarter of previous year. Net sales for the quarter stood at Rs62.86 crore, up 21 per cent.
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6 votes
Consumer electronics major Videocon Industries reported a 7.38 per cent increase in net profit to Rs 160 crore for the quarter ended September 30 over the corresponding period last year.
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4 votes
Consolidated profit falls 22.5 per cent as bank provides Rs 2,162 crore for loan-loss provisioning.
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7 votes
Tata Motors, Indias biggest vehicle maker, today posted a higher-than-expected consolidated net profit for the quarter ended September 30, at Rs 2,222 crore. Weighed down by poor performance of Jaguar and Land Rover (JLR), forex loss and higher interest payout, the company had reported a net profit of Rs 21.78 crore during the same period last year.
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5 votes
Vodafone Plc saw its second quarter service revenues from India grow around 27.6 per cent to 899 million (Rs 6,427 crore) from 704 million (Rs 5,033 crore) in the corresponding quarter last year. The growth includes a 2.3 percentage point benefit from Indus Towers the groups network sharing joint venture with other telecom majors like Bharti Airtel and Idea Cellular.
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8 votes
Sony Corp, Japans biggest exporter of consumer electronics, raised its full-year profit forecast 17 per cent, citing improved earnings at its games and personal computer businesses.
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2 votes
Samsung Electronics Co, the worlds biggest maker of televisions, memory chips and flat screens, forecast weaker fourth-quarter earnings because of falling prices and the strengthening South Korean won.
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7 votes
British Airways Plc posted a first profit in two years as surging sales of business tickets allowed it to ramp up fares. Europes third-largest carrier said its outlook depends on an economic environment that remains unclear.
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7 votes
Software giant Microsoft Corp has reported a 51 per cent jump in net income to $5.41 billion for the July-September quarter of the year on the back of robust sales of windows and office software. In the year-ago period, it had a net income of $3.57 billion, Microsoft said in a statement.
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5 votes
Cigarettes-to-hotels major ITC has reported a 23.5 per cent increase in profits after taxes in the second quarter to Rs 1,246.74 crore, compared to Rs 1,009.91 crore in the year-ago period.
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2 votes
United Breweries Ltd (UBL), the countrys largest brewery, has posted an impressive growth rate of 91 per cent in its net profit to Rs 21.9 crore for the second quarter of 2010-11, as compared to the same period last year. The growth was also supported by the companys working capital optimisation programme, which has yielded an improvement in its working capital in excess of 30 per cent. This has significantly enhanced its cash conversion rate and reduced interest costs.
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2 votes
Gurgaon-headquartered Nestle India has reported a 20 per cent increase in its net profits to Rs 218.5 crore, against Rs 182.76 crore in the corresponding period a year ago.
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7 votes
Diamond Power Infrastructure Limited (DPIL), an integrated turnkey power player with strong presence in cables and transformers, posted a 66 per cent rise in net profit for the quarter ended September 30 to Rs27.76 crore compared to Rs 16.72 crore in the corresponding quarter last fiscal on the back of a 102.8 per cent increase in net sales during the period.
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