4 votes
Gross NPAs rise to Rs 3,524 crore, or 2.79 per cent of gross advances.
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8 votes
Public sector lender Central Bank of India on Tuesday posted a net profit of Rs 379.3 crore for the quarter ended September, a rise of 21 per cent. Also, it declared 10 per cent interim dividend.
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2 votes
The company gave a muted expectation for the fourth quarter.
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3 votes
JSW Steel, the countrys third-largest steel maker, today said its second-quarter net profit rose 15.64 per cent to Rs 373.26 crore, compared to Rs 322.75 crore in the year-ago period. Net sales stood at Rs 5,908 crore, against Rs 4,729.67 crore a year earlier.
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2 votes
Gujarat Alkalies and Chemicals Ltd (GACL), a leading caustic soda manufacturer in India, has reported a lower net profit of Rs 20.12 crore for the quarter ended September 30, 2010 as against Rs 28.99 crore in the corresponding period last fiscal.
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7 votes
Asahi Songwon Colours Ltd has posted a profit after tax of Rs 4.3 crore for the quarter ended September 30, up 122 per cent from Rs 1.93 crore in the corresponding quarter last fiscal. Net sales for the quarter stood at Rs 43.85 crore, growing by 41 per cent from the same period last year.
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8 votes
Aided by a one-time gain of Rs 40 crore, Hindustan Unilever (HUL), the fast moving consumer goods (FMCG) major, reported a 32 per cent increase in net profit for the quarter ended September 30. It stood at Rs 566.1 crore for the quarter, as against Rs 428.5 crore for the period last year.
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8 votes
Backed by a rise in its volume handling capacity, Adani Group's Mundra Port and Special Economic Zone Limited (MPSEZ) has posted a 21 per cent growth in its net profit for the second quarter of the financial year 2010-11. The company posted a net profit of Rs 212 crore for the second quarter as against Rs 175 crore for the corresponding period last year.
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5 votes
An increase in excise duty levy as well as price corrections to expand its key feminine hygiene category pulled down the net profit of Procter & Gamble Hygiene & Healthcare (PGHHCL) by 39.21 per cent to Rs 31 crore for the quarter ended September 30. A year ago, PGHHCLs net profit was Rs 51 crore. Net sales, on the other hand, grew by a per cent only to touch Rs 228 crore against Rs 225 crore a year ago.
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7 votes
Aditya Birla Group company Idea Cellular on Monday posted an 18 per cent drop in consolidated net profit for the second quarter at Rs 180 crore, compared to Rs 220 crore posted in the same quarter last year. The companys revenues, however, went up by 21.7 per cent to Rs 3,659 crore as compared to Rs 3,005 crore in the corresponding quarter last year.
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5 votes
Backed by a favourable interest rate scenario and gains in treasury income, United Bank of India reported a net profit of Rs 109.74 crore for the quarter ended September, a 30.9 per cent rise compared to Rs 83.83 crore in the same period last year.
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2 votes
Jammu & Kashmir Bank on Monday recorded a 21.6 per cent rise in net profit at Rs 163.2 crore in the September quarter on strong net interest income numbers.
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6 votes
Ahmedabad based pharma major Torrent Pharmaceuticals Ltd has posted a 3 per cent rise in profit after tax(PAT) for the second quarter of the financial year to Rs 76 crore compared to the corresponding period a year before. Net sales during the quarter stood at Rs 562 crore, up 21 per cent on a year-on-year basis on the back of a robust growth in the domestic formulations business.
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5 votes
Vijaya Bank, the Bangalore-based public sector lender, has reported a 33.08 per cent growth in its net profit at Rs 144.30 crore for the second quarter-ended September 30, 2010, over the corresponding quarter last year. The growth in profit was mainly on account of a 33.5 per cent year-on-year increase in net interest income, which went up to Rs 487.2 crore and negligible provisioning during the quarter.
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7 votes
Pune-based Bharat Forge, the second-largest forging company in the world, today reported a consolidated net profit of Rs 60.6 crore for the quarter ended September.
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