1 vote
Ruchi Soya Industries, the market leader in edible oils and soya foods industry, has posted 40.86 per cent rise in net profit at Rs 48.26 crore for the quarter ended September 30, 2009, as compared with Rs 34.25 crore in the corresponding period last year.
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1 vote
In comparison, it had posted a net profit of Rs 150.4 crore during the same period of the previous financial year. Total income rose to Rs 2,797.2 crore for the quarter, against Rs 2,300.6 crore in the same quarter a year ago, according to a statement issued to the BSE.
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1 vote
An increase in exports mainly of active pharmaceutical ingredients (API) and foreign exchange gains have helped Cipla, the domestic drug major, post a jump of 82.1 per cent in its net profit for the July-September quarter.
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1 vote
Low-cost carrier SpiceJet today reported a 49 per cent year-on-year drop in net loss at Rs 101 crore for the quarter ended September 2009. The airline incurred losses of Rs 198 crore during the same period last year. The Delhi-registered carriers revenue from operation has increase by 31 per cent from the corresponding quarter last year. The airline sees sign of revival of traffic in India and feels the good run will continue in the coming quarter. Though low yields despite high passenger load
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1 vote
Chairman Azim Premji sees improving demand environment for IT services.
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1 vote
United Spirits, Indias largest spirits firm from the UB Group, has reported a 25 per cent decline in net profit to Rs 69.6 crore for the quarter ended September 30, compared with Rs 93 crore in the corresponding period last fiscal. The company has been hit by high cost of raw materials and the servicing of Rs 6,000 crore debt. Total income has risen 19 per cent to Rs 1,091 crore for the quarter as the company effected price increases. Volumes grew 10 per cent.
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1 vote
It had reported a profit Rs 347 crore during the same quarter a year ago. Sales volumes rose 17.4 per cent during the quarter to 158,575 units as compared to 135,037 units during the corresponding quarter a year earlier.
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1 vote
On the backdrop of global downturn and spiraling gold prices Titan Industries Ltd, the Bangalore-based watch and jewellery division of Tata Group has reported 11.6 per cent drop in its net profit at Rs 77.6 crore for the second quarter ended September 30, 2009 compared to the corresponding quarter last year.
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1 vote
The countrys largest steel maker, Steel Authority of India Ltd (SAIL) today reported 14 per cent growth in its sales at over 3 million tonnes during the second quarter ended September 2009, over the year-ago period. The company achieved record Q2 sales of over 3 million tonnes, registering growth of 14 per cent over the corresponding period last year, SAIL said in a statement.
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1 vote
The countrys second-largest car maker Hyundai Motor India Ltd (HMIL) will ramp up its capacity by about 20 per cent from September onwards to cater to increased demand in the overseas markets and plans to hire 1,000 people this month.
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1 vote
Noida Toll Bridge Company Ltd, which operates the Delhi-Noida-Delhi flyway, has reported a 5.4 per cent fall in profit at Rs 6.9 crore in the quarter ending June 30. The profit for the same period last year was at Rs 7.3 crore. The fall in profit is due to a higher provision of taxes in the current quarter for minimum alternative tax and deferred tax liability.
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1 vote
Mahindra & Mahindra, Indias biggest utility vehicle (UV) manufacturer, today posted an increase of 151.6 per cent in net profit for the first quarter, strongly aided by lower raw material prices and additional tractor numbers from Punjab Tractors (PTL), which it acquired two years ago.
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1 vote
Lower under-recoveries has helped state-run Hindustan Petroleum Corporation (HPCL) post a net profit of Rs 649.12 crore for the first quarter ended June 30, 2009 against a net loss of Rs 888.12 crore in the corresponding period a year-ago. Net under-recovery on sale of sensitive petroleum products during the first quarter came down to Rs 990 crore from Rs 2,758 crore during the corresponding previous period.
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1 vote
Neyveli Lignite Corporation Ltd (NLC) has reported a marginal increase in net profit during the quarter ended June 30 at Rs 287 crore, compared with Rs 285 crore. The companys net sales dropped to Rs 884 crore from Rs 1,087 crore.
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1 vote
Suprajit Engineering Limited, the Bangalore-based auto components maker, today reported 59.2 per cent rise in its net profit at Rs 3.8 crore for the first quarter ended June 30, 2009 compared to the corresponding quarter last fiscal. The companys operating profit for the quarter went up by 94.9 per cent to Rs 6.5 crore as against the same period a year ago.
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