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CORPORATE RESULTS
TELECOMMUNICATIONS:
Bharti Airtel’s Q4 net profit rises 21%
Revenues up 26%; maiden dividend of 20%, stock split announced. New Delhi, April 29 Bharti Airtel Ltd reported a 21 per cent increase in its net profit to Rs 2,239 crore for the fourth quarter ended March 31, 2009 compared with Rs 1,853 crore ...
PUBLIC SECTOR BANKS:
Bank of India net profit up 7% at Rs 810 crore
Subdued credit growth, high interest burden exert pressure. Mumbai, April 29 Bank of India’s net profit grew by 7 per cent to Rs 810 crore, for the quarter ended March 31, 2009, from Rs 757 crore in the corresponding quarter last year. ...
PUBLIC SECTOR BANKS:
High interest income lifts Canara Bank Q4 net by 55%
To go slow on overseas expansion: CMD. Bangalore, April 29 Public sector Canara Bank has slowed down its international branch expansion plans in view of the global ...
PRIVATE BANKS:
Dhanalakshmi Bank net doubles
The net profit of Dhanalakshmi Bank has grown by 101 per cent to Rs 57.45 crore (Rs 28.46 crore) for the year 2008-09. The operating profit grew to Rs 87.90 crore (Rs 44.50 crore). Having surpassed its annual business targets by comfortable ...
PUBLIC SECTOR BANKS:
SBH net down 7.5% in Q4
Hyderabad, April 29 State Bank of Hyderabad’s (SBH) net profit declined 7.5 per cent at Rs 172 crore in the fourth quarter ended March 31, 2009 compared with Rs 186 crore in the corresponding quarter of the ...
PERSONAL PRODUCTS:
Dabur’s Q4 consolidated net up 28%
New Delhi, April 29 Dabur India has posted a 28 per cent growth in consolidated net profit at Rs 105.25 crore for the fourth quarter ending March 31, 2009, up from Rs 82.49 crore reported during the fourth quarter last ...
AUTOMOBILE COMPONENTS:
India Motor Parts Q4 net doubles
Chennai, April 29 Auto parts distribution company India Motor Parts & Accessories Ltd (Impal) has reported a net profit of Rs 5.46 crore for the January-March quarter of 2009 – nearly twice the profit it made (Rs 2.94 crore) in ...
DIVERSIFIED:
Titan full-year net profit rises 6%
Bangalore, April 29 Titan Industries’ net profit grew 6 per cent for the year ended March 31, 2009 to Rs 158.96 crore (Rs 150.27 crore). Its income grew 27 per cent to Rs 3,847.72 crore (Rs 3,041 ...
TELECOMMUNICATIONS:
MTNL incurs Rs 84-cr loss on rise in staff costs
New Delhi, April 29 Mahanagar Telephone Nigam Ltd (MTNL) reported a net loss of Rs 83.8 crore for the fourth-quarter ended March 31, primarily due to increased staff costs. The company had reported a net profit of Rs 173.73 crore in ...
PUBLIC SECTOR BANKS:
Dena Bank net profit flat at Rs 111 cr
Mumbai, April 29 Dena Bank registered a flat net profit of Rs 111.18 crore for the fourth quarter ended March 2009, as against 110.99 crore in the corresponding quarter last ...
CREDIT RATING:
Crisil’s net profit grows 27% in Q4
Mumbai, April 29 Led by an increased demand for bank loan ratings, rating agency Crisil’s standalone net profit for the fourth quarter ended March 31, 2009 rose almost 27 per cent, to Rs 36.43 crore from Rs 28.7 crore in the ...
TYRES:
Apollo Tyres net down 21% on fall in demand
New Delhi, April 29 High raw material costs and a shrinking demand from the vehicle industry has dragged down Apollo Tyres net profits for the fourth quarter of 2008-09 to Rs 46. 2 crore, 21 per cent lower than Rs 59.2 crore in the same ...
SOFTWARE:
ICSA net dips
Hyderabad: ICSA India Ltd has posted a lower net profit of Rs 34.05 crore in the quarter ended March 31, 2009, against Rs 37.45 crore in the corresponding quarter last year. The total revenue was put at Rs 287.14 crore (Rs ...
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