|
|
CORPORATE RESULTS
HOUSING FINANCE:
HDFC net down at Rs 733 cr in Q4
Rise in interest, other charges. Mumbai, May 4 Housing Development Finance Corporation’s net profit fell by 4.5 per cent to Rs 733 crore in the fourth quarter of 2008-09, as against Rs 768 crore in the corresponding period ...
PUBLIC SECTOR BANKS:
IOB net rises 10% on treasury profits, bad debt recoveries
Fresh build-up of NPAs at Rs 2,245 cr last fiscal. Chennai, May 4 Aided by a Rs 400-crore increase in treasury profits and recoveries from bad debts, Indian Overseas Bank was able to turn in a 10 per cent growth in its net profit for 2008-09, ...
PUBLIC SECTOR BANKS:
Allahabad Bank net dips 21% on higher provisioning
Kolkata, May 4 Allahabad Bank reported 21 per cent drop in net profit at Rs 768 crore (Rs 974 crore as on March 31, 2008) for the year ended March 31, 2009, on account of higher provisioning for investment depreciation and income tax at Rs ...
HOUSING FINANCE:
PNB Housing Finance net up 32%
PNB Housing Finance Ltd (PNBHFL), a wholly owned subsidiary of Punjab National Bank, has reported a 32 per cent increase in net profit for the fiscal year 2008-09 at Rs 53.41 crore (Rs 40.59 crore). For the period under review, the company ...
PHARMACEUTICALS:
Avon Organics records profit in Q4
Avon Organics Ltd posted a Rs 2.03-crore net profit in the fourth quarter ended March 31, 2009. The Hyderabad-based company had incurred a loss of Rs 1.09 crore in the corresponding quarter of the previous fiscal. The total revenue ...
REGIONAL RURAL BANKS:
Decline in advances pulls down KVGB net
The Dharwad-headquartered Karnataka Vikas Grameena Bank (KVGB) has recorded a net profit of Rs 37.68 crore for 2008-09 as against Rs 72.13 crore in the previous fiscal. The lesser net profit during 2008-09 has been attributed to the decrease ...
GENERAL INSURANCE:
United India Insurance net profit down 25%
Chennai, May 4 United India Insurance has reported a 25 per cent decline in net profits to Rs 476 crore for 2008-09 compared with Rs 631.6 crore the previous year due to a fall in investment income. The public insurer managed to cut down ...
INSURANCE:
HDFC’s life, non-life ventures post higher losses
Mumbai, May 4 Housing finance major HDFC’s life and non-life insurance ventures reported higher losses in FY09 vis-À-vis ...
CEMENT:
Kesoram to pay Rs 3.25 dividend
Kolkata, May 4 B.K. Birla group’s Kesoram Industries has recommended a lower dividend of Rs 3.25 a share of Rs 10 each for 2008-09 against Rs 5.50 in ...
HCV/LCV/TRACTORS:
M&M April tractor sales up 35%
...
Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line
|
|
RSS Feeds