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CORPORATE RESULTS
PETROLEUM:
BPCL Q3 net doubles with oil bonds’ help
Mumbai, Jan. 29 Lower inventory losses and higher compensation from the Government in the form of oil bonds helped Bharat Petroleum Corporation Ltd (BPCL) more than double its net profit for the quarter ended ...
PUBLIC SECTOR BANKS:
Bank of Baroda net rises 41%
Mumbai, Jan. 29 Bank of Baroda recorded an increase of 41 per cent in net profit at Rs 708 crore for the quarter ended December 31, 2008, against Rs 501 crore in the corresponding period last ...
SOFTWARE:
Four Soft net up at Rs 10.7 cr
Four Soft, a software solutions provider for the transportation and logistics industry, has registered a net profit of Rs 10.7 crore for the quarter ended December 31, 2008, against Rs 3.6 crore in the corresponding period last year. According to ...
PETROLEUM:
Cairn India posts Rs 236-cr profit
Rajasthan crude to flow from July-Sept quarter. New Delhi, Jan. 29 Cairn India Ltd has reported a consolidated net profit of Rs 236.42 crore in the quarter ended December 31, 2008 compared with a loss of Rs 13.91 crore in the same quarter last ...
HOTELS:
IHCL net dips 38% due to impact of terror attacks
Mumbai, Jan. 29 The impact of Mumbai terror attacks on November 26 has led to a sharp dip in Indian Hotels Company’s (IHCL) performance in the quarter ended December 31, ...
PUBLIC SECTOR BANKS:
Improved net interest income lifts Andhra Bank profit by 34%
Hyderabad, Jan. 29 Andhra Bank’s net profit increased 33.7 per cent at Rs 212.58 crore in the quarter ended December 31, 2008 compared with Rs 159 crore in the corresponding quarter of the previous financial year. Driven by ...
PUBLIC SECTOR BANKS:
Dena Bank profit grows 39% on rise in net interest income
Mumbai, Jan. 29 Dena Bank’s net profit rose 39 per cent to Rs 140 crore in the third quarter of 2008-09, riding on a substantial rise in its net ...
DIVERSIFIED:
Aditya Nuvo Q3 net loss at Rs 156 cr
Mumbai, Jan. 29 Aditya Birla Nuvo, which has interest in telecom, BPO, garments and insurance, reported a net loss of Rs 156 crore in the third quarter ended December 31, against a net profit of Rs 30 crore in the same period last year. Net ...
REAL ESTATE & CONSTRUCTION:
NCCL net down 8%
Hyderabad, Jan. 29 Nagarjuna Construction Company Ltd (NCCL) has recorded a dip of about 8 per cent in net profit at Rs 36.27 crore (Rs 39.65 crore), for the third quarter ended December 31, ...
PHARMACEUTICALS:
Lupin net down 35%
Mumbai, Jan. 29 Lupin has posted a consolidated net profit of Rs 116 crore for the quarter ended December 31, 2008, down 35 per cent from Rs 180 crore clocked in the corresponding period of the previous year. the company told the Bombay ...
POWER:
Tata Power Q3 net dips 49% to Rs 101 cr
Mumbai, Jan. 29 Tata Power Company Ltd has registered a 49 per cent decline in net profit at Rs 101 crore for the third quarter compared with Rs 197 crore for the same period ...
CARS:
Higher depreciation, forex losses dent Maruti
New Delhi, Jan. 29 Maruti Suzuki’s net profit for the third quarter ended December 2008 almost halved to Rs 213.5 crore (Rs 467 crore) marked by higher depreciation costs, volatility in the foreign exchange market and low sales ...
PRIVATE BANKS:
Lakshmi Vilas Bank net increases to Rs 19 cr
Chennai, Jan. 29 Lakshmi Vilas Bank has reported a five-fold jump in net profit to Rs 19.10 crore for the third quarter ended December 31, 2008 compared to Rs 3.8 crore for the same period last ...
PHARMACEUTICALS:
Orchid Chem posts loss
Chennai: Orchid Chemicals and Pharmaceuticals has reported a net loss of Rs 6.3 crore for the third quarter ended December 31, 2008 on net sales of Rs 295.20. During the corresponding period in the previous year, the ...
FINANCIAL INSTITUTIONS:
IDFC Q3 net down 17%
Mumbai: Infrastructure finance company IDFC reported 17 per cent lower net profit in the third quarter ended December 31, 2008 at Rs 184 crore as against Rs 222 crore in the corresponding period last year. The company reported ...
ENGINEERING:
BHEL Q3 net remains flat
Chennai, Jan. 29 Bharat Heavy Electricals Ltd has posted a 2 per cent increase in net profit and a 21 per cent rise in sales for the quarter ended December 31, 2008 at Rs 791 crore (Rs 772 crore) and Rs 6,022 crore (Rs 4,964 crore) ...
SOFTWARE:
Subex net loss at Rs 15.7 cr
Bangalore, Jan. 29 Subex Ltd, a provider of operations and business support systems for communication services providers, reported a net loss of Rs 15.74 crore for the ...
CEMENT:
Madras Cements net down
Madras Cements’ net profit dropped by 43 per cent while sales were up 19 per cent for the third quarter ended December 31, 2008 over the same period last year. Higher expenditure on power and fuel and transportation resulted in the drop ...
PAPER, BOARD & NEWSPRINT:
Orient Paper net dips marginally
New Delhi: Orient Paper & Industries Ltd (OPIL) has reported net sales of Rs 345.87 crore for the quarter ended December 2008, up 7.8 per cent compared to Rs 320.85 crore in the same quarter last fiscal, according to a ...
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