1 vote
GMR Infrastructure posted an 85 per cent decline in net profit at Rs 9.2 crore for the third quarter ended December 31, 2009, compared with the corresponding period in the previous financial year.
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1 vote
Apollo Hospitals, the countrys biggest healthcare chain, recorded a 48.7 per cent increase in its consolidated net profit for the quarter ended December 31, 2009. The increase was in the absence of any loss in foreign currency transactions, which had dragged profits down during the corresponding quarter in the previous financial year.
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1 vote
Ahmedabad-based Torrent Pharmaceuticals posted a 64 per cent increase in net profit during the quarter ended December on the back of higher sales and lower forex losses.
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1 vote
Sees 5.5% rise to Rs 649 crore on robust sales of skin creams.
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1 vote
Improved passenger numbers in the last three months helped low-cost carrier SpiceJet post a profit of Rs 108.9 crore in the third quarter ending December 31, 2009. The airline had incurred losses of Rs 17.96 crore during the same period last year.
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1 vote
Larsen & Toubro (L&T), Indias biggest engineering company, witnessed its biggest share price fall in six months after the company reported its first sales decline in seven years and lowered its full-year revenue expectation, citing project delays.
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1 vote
Infosys has revised its hiring target for the current financial year to 24,000 people, from 20,000 earlier.
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1 vote
Patni Computer Systems posted a net income (India GAAP) of Rs 168.5 crore for the third quarter ended September 30, down 6.5 per cent from Rs 180.2 crore in the corresponding quarter in the previous financial year. Revenue for the quarter at Rs 833.7 crore (including other income) dipped 1.5 per cent from Rs 846.7 crore in the same quarter last year. Excluding Other Income, revenue grew marginally by 0.3 per cent.
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1 vote
Hyderabad-based Nagarjuna Construction Company Limited (NCCL) reported a marginal 3.8 per cent rise in net profit at Rs 43.92 crore for the quarter ended September 2009, against Rs 42.30 crore posted in the same period last year.
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1 vote
Hit by foreign exchange and mark-to-market losses, the Anil Ambani groups telecom service company, Reliance Communications (RCom), posted a 51.63 per cent fall in net profit to Rs 740.30 crore on a consolidated basis for the second quarter ended September 30. RCom, which made a provision of Rs 283 crore for MTM losses, had recorded a net profit of Rs 1,530.78 crore in the same period of the previous financial year.
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1 vote
Anil Ambani-controlled Reliance Infrastructure (R-Infra) posted a net profit of Rs 306.90 crore for the second quarter ended September 30, up 6.2 per cent over the corresponding period last financial year. Total income rose 5.16 per cent to Rs 2,812.82 crore.
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1 vote
Japanese drug maker Daiichi Sankyo, which holds 64 per cent stake in Ranbaxy Laboratories, today reported a 45 per cent drop in net income for the April-September this year. The company has a net income of 18.69 billion for six months ended September compared with 33.97 billion yen in the same period last year, Daiichi Sankyo said in a statement.
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1 vote
ICICI Bank on Friday said its consolidated net profit rose 75.7 per cent to Rs 1,144.6 crore in the quarter ended September on the back of a good show by its subsidiaries.
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1 vote
Bangalore-based public sector lender Vijaya Bank today said it is looking to a business growth of 22 per cent, to Rs 1,10,000 crore. This will comprise of Rs 64,000 crore under deposits and Rs 46,000 crore under advances for year-ending March 2010 compared to the last financial year.
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1 vote
Indo Rama Synthetics (India) Ltd witnessed a rise of 22.32 per cent to Rs 597.37 crore in net sales during the second quarter of the current financial year on the back of improved economic conditions. Earnings before interest, taxes, depreciation and amortisation (Ebitda) went up by 129 per cent to Rs 34.19 per cent.
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