1 vote
Industrial and automotive battery-maker Amara Raja Batteries reported a 16 per cent decline in net profit at Rs 35.72 crore for the quarter ended June 30, 2010, compared with Rs 42.57 crore in the corresponding quarter in the previous year. Net sales, however, increased 45.8 per cent to Rs 446.62 crore from Rs 306.37 crore in the same period.
read more »
1 vote
State-run Central Bank of India on Thursday posted a 26 per cent jump in its net profit for the quarter ended June 30 to Rs 337 crore as compared to Rs 267-crore in the same period last year, helped by healthy growth in loans, despite lower trading gains.
read more »
1 vote
The company had reported a net profit of Rs 124.79 crore for the same quarter last year, it said in a filing to the Bombay Stock Exchange.
read more »
1 vote
Titan Industries today posted a 76.5 per cent rise in net profit at Rs 81.28 crore for the first quarter of this financial year, compared to Rs 46.04 crore in the year-ago period, on the back of sound retail growth across all brands and retail chains.
read more »
1 vote
Usha Martin has recorded a consolidated profit after tax of Rs 41.86 crore in the quarter ended June 30, 2010, an increase of 30.7 per cent over the same period last year, on the back of raw material integration. Net sales for the quarter stood at Rs 673.15 crore, an increase of 10.6 per cent. The sinter plant would be operational by August, which would complete the Rs 2,100 crore expansion programme.
read more »
1 vote
Public sector Dena Bank on Monday reported a 20.67 per cent increase in net profit for quarter ended June 30 to Rs 138.79 crore from Rs 115.02 crore in the corresponding quarter last year.
read more »
1 vote
A subsidy of Rs 7,343 crore to consumers saw the countrys largest fuel retailer, state-owned IndianOil Corporation (IndianOil), post a net loss of Rs 3,388 crore during April-June 2010, its first loss after five quarters.
read more »
1 vote
Kale Consultants reported a 51 percent increase in net profit for the April-June 2010 quarter to Rs5.1512crore against Rs3.4067crore reported over the same period last year.
read more »
1 vote
Riding high on continual rise in CNG conversion of vehicles, Gujarat Gas Company Limited posted a net profit of Rs 58 crore for the quarter ended June 30, 2010 as against Rs 47.6 crore in the corresponding quarter in the previous year, registering a growth of 21.85 per cent. The consolidated net sales for the quarter were Rs 409.4 crore, compared to Rs 3,31.6 crore in the corresponding quarter of the previous year.
read more »
1 vote
State Bank of Travancore (SBT) has registered a drop in net profit in the first quarter 2010-11, earning Rs 149.8 crore as against Rs 179.59 in the same quarter last year. The bank posted an operating profit of Rs 270.53 crore compared to Rs 225.78 crore.
read more »
1 vote
State-run hydro power producer Satluj Jal Vidyut Nigam Ltd (SJVNL) has recorded a 4.19 per cent decline in its profit after tax (PAT) at Rs 972.74 crore for the financial year 2009-10, compared to Rs 1,015.32 crore during the previous fiscal.
read more »
1 vote
NMDC Ltd, the countrys largest iron ore mining firm, witnessed a jump of 80 per cent in its first-quarter profit on the back of increased demand of iron ore from steel companies and a rise in prices. The companys sales rose 90 per cent to Rs 2,400 crore in the first quarter of the current fiscal.
read more »
1 vote
Rajesh Exports Ltd, the Bangalore-headquartered gold jewellery maker and exporter, has reported a more than 10-fold growth in March quarter net profit at Rs 98.6 crore, helped by sound growth in exports and income from inter-corporate deposits. The company had posted a net profit of Rs 9.39 crore in the year-ago quarter.
read more »
1 vote
Acquisition of Wockhardts hospital chain and focus on high-margin speciality therapy areas helped Malvinder Singh and Shivinder Singh-controlled Fortis Healthcare to post an over five-fold jump in the March quarters consolidated net profit at Rs 27.2 crore, compared to Rs 4.8 crore in the year-ago quarter. Total income rose 90.7 per cent to Rs 329.52 crore from Rs 172.75 crore.
read more »
1 vote
Government-owned oil exploration and production company Oil India Ltd (OIL) has posted a 509 per cent jump in its net profit for the fourth quarter ended March 31 on lower subsidy burden. Net profit for the quarter was Rs 431 crore, while net sales rose 34 per cent to Rs 1,832 crore. For the year 2009-10, the net profit grew over 20 per cent to Rs 2,610 crore. Net sales for the year increased over nine per cent to Rs 7,905 crore. Under the governments subsidy sharing mechanism, OIL had to bear
read more »