1 vote
Jet Airways, Indias largest carrier in terms of passenger carriage, has registered a net profit of Rs 12.4 crore in the second quarter of the current financial year on the back of a revival in the aviation market and rising revenues from its international operations. The Naresh Goyal-led airline had incurred a loss of Rs 406.69 crore during the same period last year.
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1 vote
Cairn India on Thursday reported a three-fold jump in its net profit to Rs 1,585 crore in the quarter ended September 30, as completion of a pipeline led to jump in crude oil sales from its prolific Rajasthan block.
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Increased subscriber base and higher margins helped Uninor double its revenues for the third quarter.
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Ford Motor Co may report the biggest third-quarter profit in its 107-year history tomorrow as CEO Alan Mulallys overhaul of the model lineup boosts the companys share of the US auto market.
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Bangalore-headquartered Biocon today posted a 20 per cent rise in second-quarter net profit at Rs 89 crore, compared with Rs 74 crore a year earlier, on the back of higher growth in biopharmaceutical business.
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Persistent Systems, outsourced software product development services firm, reported a 3.8 per cent rise in its net profit at Rs 35.83 crore for the second quarter ended 30 September, 2010 as compared to Rs 34.52 crore in the same period last year. "Revenues were up by 3.3 per cent at Rs 187 crore as against to Rs 181.10 crore last fiscal," the company said in a filing a filing to the Bombay Stock Exchange (BSE).
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1 vote
Ahmedabad based pharma major Zydus Cadila has posted a 30 per cent rise in net profit for the quarter ended September 30 to Rs 17.08 crore from Rs 13.10 crore in the corresponding quarter last fiscal mainly on the back of growth in global formulations business. Net sales during the quarter was up 21 per cent to Rs 110.63 crore.
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1 vote
Vadodara based drugmaker Alembic has posted a 63.8 per cent rise in net profit for the second quarter of the fiscal to Rs 21.77 crore primarily on robust sales growth in branded formulations and active pharmaceutical ingredients (APIs).Net sales for the quarter stood at Rs 363 crore.
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1 vote
Bangalore-based State Bank of Mysore (SBM), an associate bank of the SBI Group, reported a net profit of Rs 93.36 crore for the quarter ended September, a 5.3 per cent drop compared to the corresponding quarter last year. The drop was mainly on account of a 2.5 times rise in provisions and contingencies during the quarter. The bank has made a provision of Rs 141 crore compared to Rs 55.3 crore in the year-ago period.
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Lender posts net profit of Rs 807.54 crore for the second quarter.
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Hardware and systems integrator HCL Infosystems today posted an 11.2 per cent rise in net profit for the fourth quarter ended June 30. Net profit stood at Rs 67.2 crore, compared to Rs 60.4 crore in the year-ago quarter. Gross sales at Rs 3,234 crore were up by 3.2 per cent from Rs 3,132.9 crore in the year-ago period.
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1 vote
State Bank of India (SBI) on Thursday said consolidated net profit for the group went up by 21.99 per cent to Rs 3,356.26 crore during the quarter ended June, compared to Rs 2,758.5 crore during the corresponding period last year.
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1 vote
Gujarat Alkalies and Chemicals Ltd (GACL) reported a lower profit after tax (PAT) of Rs 19.01 for the first quarter ended 30 June, 2010 as compared to Rs 37.91 crore in the same period last fiscal on account of erosion in price realisations for caustic soda and caustic potash products. The net sales of the company marginally declined to Rs. 326.80 crore in the first quarter from Rs. 328.58 crore in the corresponding period of the previous year. GACL plans to commission 50 tonnes per day (TPD) c
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1 vote
Syndicate Bank, the Manipal-headquartered public sector lender, today said its net profit remained flat at Rs 265 crore for the first quarter ended June 30, compared to the Rs 262 crore during the same period last year. This was mainly due to a steep drop of 93 per cent in its treasury profits, which was Rs 20 crore, compared to Rs 270 crore in the corresponding quarter.
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1 vote
Reliance Power has posted a 25 per cent decline in net profit at Rs 195.40 crore for the quarter ended June this year, as compared to Rs 263.3 crore in the same quarter last year.
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