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JK Tyre & Industries on Tuesday registered 82 per cent jump in net profit at Rs 25.5 crore for the quarter ended March 31 against Rs 14 crore during the same quarter last year. Its total sales during the quarter went up by 22 per cent at Rs 1,130 crore against Rs 926 crore. read more »
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Drug major Wockhardt, which restructured its loans in July last year, has posted a net loss of Rs 565 crore for the quarter ended March 31, as against a Rs 10.2 crore net loss for the corresponding quarter of the previous year. read more »
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An over three-fold increase in net profit for the quarter ended March 31 ensured that the stock price of durable major Whirlpool India hit the upper circuit today, touching Rs 239.55. This is also its 52-week high. read more »
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The country's third-largest telecom company, Reliance Communications, posted a net profit of Rs 1,220 crore for the quarter ended March 31, 2010 a decline of 16 per cent from the Rs 1,454 crore posted in the same quarter in the previous financial year. The revenues of the company stood at Rs 5,093 crore, down 17 per cent from the Rs 6,124 crore posted in the same period of the previous financial year. read more »
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Adani Enterprises reported a 104 per cent rise in net profit for the quarter ended March 31, at Rs 339.80 crore, against Rs 166.05 crore in the corresponding quarter in the previous year. Consolidated net sales of the company, however, were down 9.5 per cent to Rs 7,824.47 crore in the fourth quarter compared to the previous years Rs 8,654.05 crore. read more »
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State-run Punjab National Bank (PNB) on Thursday reported a 31.1 per cent jump in net profit for the quarter ended March 2010. Net profit stood at Rs 1,135 crore during the quarter, compared with Rs 866 crore in the corresponding period of the previous financial year. read more »
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UltraTech Cement, part of the Aditya Birla Group, posted a decline of 26.15 per cent in its net profit for the quarter ended March 31, at Rs 228.5 crore, compared with Rs 309.5 crore in the previous corresponding quarter. read more »
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Taj GVK Hotels and Resorts Limited posted a 54 per cent increase in net profit to Rs 12.17 crore for the quarter ended March 31, 2010, from Rs 7.9 crore during the same period last year. Revenues during the quarter stood at Rs 63.34 crore, up 11.23 per cent from Rs 56.94 crore last year. read more »
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The consolidated net profit of Dabur Ltd increased by 29.7 per cent to touch Rs 135.3 crore for the quarter ended March 31, compared to Rs 104.3 crore for the corresponding period a year ago. Net sales increased 16 per cent for the quarter to touch Rs 848.8 crore, as against Rs 731.65 crore last year. read more »
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Public sector lender Dena Bank posted a 23.39 per cent increase in net profit to Rs 137.07 crore for the quarter-ended March 31, compared with Rs 111.17 crore in the corresponding period a year ago. The rise is mainly attributed to robust interest and other incomes. read more »
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Sterlite Industries, Indias diversified base metal producer, said its consolidated net profit for the quarter ended March 31 rose 130 per cent to Rs 1,380 crore on the back of higher metal prices and stronger sales figures. read more »
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Information technology services provider Infotech recorded a 35 per cent increase in net profit to Rs 51.3 crore for the quarter ended March 31, 2010, as compared with Rs 37.9 crore during the same period last year. read more »
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A big gain in net interest income pushed up the net profit of Bangalore-based public sector lender State Bank of Mysore (SBM), an associate bank of State Bank of India (SBI), for the fourth quarter ended March. For the quarter, the lender reported a 2.4 times rise in net profit at Rs 123.6 crore compared with the corresponding quarter last year. The operating profit for the quarter rose 60.4 per cent to Rs 290.9 crore. read more »
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Mahindra Finance, the non-banking financial arm of auto major Mahindra & Mahindra, reported a 31 per cent increase in consolidated net profit to Rs 143.8 crore for the quarter ended March 31, 2010, as against Rs 109.9 crore a year ago. read more »
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Pantaloon Retail has returned to a double-digit growth rate in same-store sales (SSS) in the lifestyle segment. The countrys largest retailer, which saw either a decline or a single-digit growth rate at best in SSS since November 2008, posted an increase of 11 per cent for the December quarter, aided by higher consumer spending in the category. read more »