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CORPORATE RESULTS
PRIVATE BANKS:
HDFC Bank net grows 30% on ‘other income’
Credit growth likely to be 17-18% this fiscal. Mumbai, Oct. 14 HDFC Bank’s net profit grew by 30 per cent to Rs 687 crore in the second quarter ended September 30, 2009, against Rs 528 crore in the same period last ...
PRIVATE BANKS:
IndusInd Bank net up 131% on strong overall show
Mumbai, Oct. 14 IndusInd Bank reported a 131 per cent rise in net profit to Rs 78 crore in the second quarter of this fiscal, against Rs 34 crore in the corresponding ...
SOFTWARE:
Flat quarter for Sonata
Marginal rise in standalone net. Bangalore Oct.14 Sonata Software Ltd reported a marginal increase in standalone net profits at Rs 14.6 crore on revenues of Rs 60.4 crore for the September quarter, against a net of Rs 13.4 crore on revenues of ...
FINANCIAL SERVICES:
Bajaj Finserv turns around
Bajaj Finserv posted a consolidated net profit of Rs 44 crore in the second quarter of 2009-10, against a loss of Rs 12 crore in the corresponding period last year. All the three business segments of the company — life insurance, ...
NBFCS:
Bajaj Auto Fin net profit zooms
Bajaj Auto Finance Ltd has posted a net profit of Rs 21.7 crore during Q2 FY10, a growth of 375 per cent over Rs 4.6 crore reported in the corresponding quarter of the previous fiscal. Total income rose by 60 per cent to stand at Rs 219.7 ...
SOFTWARE:
Infotech posts lower profit
Infotech Enterprises has posted lower net profit at Rs 32 crore in the quarter ended September 30, 2009, against Rs 33.42 crore in the corresponding quarter last year. However, the company showed a net profit of Rs 35.33 crore after taking ...
REAL ESTATE & CONSTRUCTION:
Higher ‘other income’ boosts Parsvnath consolidated net profit in Q2
New Delhi, Oct. 14 Parsvnath Developers on Wednesday posted a 180 per cent year-on-year rise in its consolidated net profit for the second quarter ended September 2009, at Rs 61.42 crore, aided by stake sale in a Delhi project and lower ...
HOUSING FINANCE:
Rise in net interest margins lifts Can Fin Homes profit 22%
Improved net interest margins and a better market for housing loans have resulted in higher net profits for Can Fin Homes for the July-September quarter of this fiscal. The net profit has shown 22 per cent increase this quarter at Rs 10.29 ...
FINANCIAL SERVICES:
Motilal Oswal Q2 net profit rises 79%
Mumbai, Oct. 14 Motilal Oswal Financial Services reported a 79 per cent jump in its net profit for the second quarter of the current fiscal over the same period last year. The standalone net profit of the financial services firm jumped to ...
PLASTICS:
Finolex posts Rs 13.4-cr net profit in Q2
Pune, Oct. 14 PVC resin and PVC fittings and pipes maker Finolex Industries Ltd has posted a net profit of Rs 13.4 crore during the second quarter of this fiscal compared with a loss of Rs 21.75 crore during the corresponding quarter of ...
PESTICIDES:
Rallis India profit up 10% in Q2
Mumbai, Oct. 14 Rallis India, a Tata enterprise, has registered a 10 per cent rise in net profit at Rs 46 crore for the quarter ended September 30, against Rs 42 crore in the same period last ...
PRIVATE BANKS:
Development Credit Bank posts net loss of Rs 16.9 cr
Mumbai, Oct.14 Development Credit Bank posted a net loss of Rs 16.9 crore for the September-ended quarter, against a Rs 1 crore profit in the corresponding quarter last year. Net interest earned was Rs 111.6 crore (Rs 171.2 crore) while ...
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