1 vote
Higher input costs and lower realisation pulled down net profit of Steel Authority of India (SAIL) by 56 per cent to Rs 843 crore in the third quarter ended December 2008. The companys turnover also dipped 7.5 per cent to Rs 9,946 crore, said a company release.
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1 vote
Sun TV Network has reported a 9 per cent growth in the net profit for the quarter ended December 2008 to Rs 112 crore, compared to Rs 102 crore for the same period last year. The companys income from operations during the quarter rose by 24 per cent to Rs 270 crore from Rs 217 crore.
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1 vote
Muthoot Capital Services registered a 7 per cent growth in its third quarter net profit to Rs 1.29 crore from Rs 1.21 crore in the year-ago period. The profit before tax also recorded an increase of 7 per cent from Rs 1.83 crore to Rs 1.96 crore.
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1 vote
B K Birla-promoted Kesoram Industries has recorded a 63.55 per cent dip in net profit to Rs 39.15 crore in the three months ended December 2008, on the back of a sluggish demand in the tyre segment.
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1 vote
Pharmaceutical firm Cipla today said third quarter net profit rose by 6.07 per cent to Rs 223.44 crore. The company had a net profit of Rs 210.65 crore for the same quarter in 2007-08. Total income of the company rose to Rs 1,360.48 crore for the quarter under review, against Rs 1,115.52 crore for the same quarter last year.
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1 vote
Ranbaxy Laboratories, Indias biggest drug maker, posted a loss for the second straight quarter on adverse foreign exchange fluctuations.
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1 vote
UltraTech Cement, part of the Aditya Birla group, posted a decline of 14.7 per cent in its net profit at Rs 238 crore for the quarter ended December, 2008, compared with Rs 279 crore in the previous corresponding period. The companys net sales during the period stood at Rs 1,631 crore, against previous years Rs 1,380 crore, up 18.2 per cent.
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1 vote
Polaris Software Lab, an application development company in banking, financial and insurance sector, has reported a 94 per cent increase in net profit for the third quarter ended December 2008, to Rs 37.17 crore, compared to Rs 19.12 crore during the same period last year. Companys revenue rose by 31 per cent to Rs 372.58 crore during the quarter, compared to Rs 282.14 crore in the same period last year.
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1 vote
Wipro Ltd the soaps to IT major reported an 18 per cent net profit growth in the third quarter ending December 31, 2008 but said it expects revenues in dollar terms from its software services business to decline sequentially in the fourth quarter. Software services account for 70 per cent of Wipro's revenues.
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1 vote
Syndicate Bank Q2 net up 15% ??Syndicate Bank today reported a 15.08 per cent rise in its net profit at Rs 261.91 crore for the second quarter ended September 30, 2008, compared to the corresponding
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1 vote
Castrol (India), a unit of Europes second-largest oil company BP Plc, reported a rise of 10 per cent in its net profit at Rs 59.6 crore in the third quarter, compared to Rs 54.3 crore in the
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1 vote
Fortis Healthcare is eyeing acquisitions and is in talks with more than two players in south and west India.
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1 vote
High provisioning for bad loans, subsidiaries' weak numbers dent profit.
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1 vote
Naresh Goyal-promoted Jet Airways today reported its biggest quarterly loss in three years on account of high fuel costs, loss-making international operations and the fall in the rupee against the
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1 vote
Public sector lender IDBI Banks second quarter net profit has risen 4 per cent to Rs 162 crore driven by higher fee-based income.
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