| | RCom Q2 net down 52% to Rs 740 cr
Anil Ambani Group firm Reliance Communications Ltd on Saturday reported 51.66 per cent decline in its consolidated profit at Rs 740 crore for the second quarter of the fiscal due to provisions for foreign exchange fluctuation or derivative losses. | | | |
Suzlon second quarter loss at Rs 356-crore
Wind turbine supplier, Suzlon Energy, has posted a Rs 356-crore loss in the quarter ended September 30 as compared to a Rs 22.84-crore loss posted in the same period last year, owing to lower volumes. | | | |
SBI Q2 net up 10% at Rs 2490 crore
State Bank of India (SBI) on Saturday reported 10.18 per cent rise in net profit at Rs 2,490 crore for the second quarter ended September 30, 2009. The bank had reported a profit of Rs 2,259.72 crore in the corresponding quarter a year ago. | | | |
ICICI Bank Q2 net profit rises 76%
The country's largest private sector lender, ICICI Bank, today reported a 76 per cent growth in consolidated net profit at Rs 1,144.57 crore during the second quarter ended September 30, 2009. | | | |
HUL Q2 net dips 21.6% to Rs 428.53 cr
FMCG company HUL on Saturday reported 21.6 per cent decline in its net profit at Rs 428.53 crore in the second quarter ended September 30, as against the same period last fiscal. |
SAIL Q2 profit at Rs 1,663 cr on lower steel prices
The country's largest steel maker SAIL on Friday reported a net profit of Rs 1,663.49 crore for the second quarter due to lower sales realisation and the merger of Bharat Refractories (BRL) with it. | | | |
Bharti Airtel Q2 net up 13% at Rs 2,321 cr
The country's largest private telecom company, Bharti Airtel, today posted a 13 per cent rise in net profit at Rs 2,321 crore for the second quarter ended September 30, 2009. | | | |
RIL’s Q2 profit takes a beating
Krina Savla
Refining and energy giant Reliance Industries on Thursday reported second quarter earnings, which failed to surpass street expectations. In fact, RIL’s gross refining margins (GRM) have more than halved from a year ago. | | | |
DLF Q2 net down by 77%
Realty giant DLF's consolidated net profit fell by 77.28 per cent to Rs 439.74 crore in the second quarter of this fiscal due to lower property demand. | | | |
Tata Chem Q2 net profit at Rs 222.83 cr
Tata group firm Tata Chemicals on Thursday reported a consolidated net profit of Rs 222.83 crore for the second quarter ended September 30, while it had a net profit of Rs 277.70 crore in the same period last fiscal. |
M&M Q2 net profit at Rs 843.6 cr
Auto maker Mahindra & Mahindra on Thursday reported a net profit of Rs 843.6 crore for the second quarter ended September 30. | | | |
Sterlite Ind Q2 net dips 28% to Rs 1,240.33 cr
Sterlite Industries, the flagship company of Vedanta Group, on Thursday reported a 27.9 per cent decline in consolidated net profit at Rs 1,240.33 crore for the second quarter ended September 30, 2009. | | | |
HCL Tech's profit dips on forex loss
Bianca Ghose
India's fifth-largest software services firm HCL Tech on Wednesday said it saw a 4.2 per cent rise in revenues for the quarter ending September 30, but mounting forex losses. | | | |
ArcelorMittal swings to profit
After posting losses for three consecutive quarters, the global steel giant, ArcelorMittal,today posted a net income of $900 million for the quarter ended September 30. | | | |
Wipro beats street, net income up 22% cr
Mokshada Batra and Tuhina Pandey
India's third-largest software-services exporter, Wipro reported second-quarter profit that beat analysts' estimates, as the global economic recovery spurred clients to increase orders. |
Maruti Suzuki Q2 net jumps two-fold at Rs 570 cr
The country's largest car maker, Maruti Suzuki India, on Saturday reported nearly two-fold jump in its net profit for the second quarter of FY'10 at Rs 570 crore. | | | |
Bank of India Q2 profit halves to Rs 323 cr
Public sector lender Bank of India on Thursday reported a decline of 57 per cent in net profit to Rs 323.34 crore for the second quarter of current fiscal, over the same period a year earlier. | | | |
JSW Steel Q2 net up 28 pc at Rs 323 cr costs
Sajjan Jindal-led JSW Steel on Friday reported a 28 per cent growth in consolidated net profit at Rs 322.75 crore for the second quarter ended September 30, 2009. | | | |
Infosys beats profit estimates, lifts forecast
Prashant Nair and Mahek Desai
All eyes were on the Infosys results on Friday as they set the tone for the IT services sector and investors weren't disappointed, though they didn't cheer either. Infosys did what it’s wont to do—it beat its profit guidance for the second quarter. Income grew over two per cent and net profit by 0.85 per cent quarter-on-quarter. | | | |
Tech Mahindra Q2 net falls 44% at Rs 169 cr
The country's fifth largest software exporter, Tech Mahindra, on Tuesday reported a 44 per cent fall in its consolidated net profit at Rs 168.95 crore for the second quarter ended September 30, 2009. |
Hero Honda Q2 net zooms 95% at Rs 597 crore cr
Riding on robust sales, the country's biggest two-wheeler maker Hero Honda Motors today reported a 95 per cent jump in net profit at Rs 597.14 crore for the second quarter ended on September 30, 2009. | | | |
NTPC Q2 Net at 2,151.95 cr
State-owned NTPC on Friday posted 1.96 per cent rise in its net profit to Rs 2,151.95 crore for the quarter ended September 30. The company had a net profit of Rs 2,110.51 crore during the September quarter in the last financial year (2008-09). | | | |
IOB Q2 net dips 51% to Rs 176 cr
Indian Overseas Bank on Thursday reported 51 per cent decline in its net profit at Rs 176.04 crore for the second quarter ended September 30, 2009. | | | |
Ranbaxy posts Q3 PAT at Rs 116.6 crore
Ranbaxy Laboratories on Monday reported a consolidated profit after tax (PAT) of Rs 116.6 crore in the third quarter ended September. | | | |
HDFC Q2 net up 24.28%
India's largest mortgage lender HDFC on Monday reported a 24.28 per cent growth in net profit at Rs 663.94 crore for the second quarter ended September 2009. |
L&T profit up 26%; sees signs of robust growth ahead
India's number one private infrastructure firm Larsen & Tourbo announced second quarter earnings on Thursday which were below market expectations but the management remained optimistic and said it sees signs of robust growth ahead. | | | |
HDFC Bank second quarter net up 30%
The country's second largest private sector lender, HDFC Bank, today reported a 30.21 per cent growth in net profit at Rs 687.46 crore for the second quarter ended September 2009. | | | | | | |
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As anticipated, we have seen the first signs of recovery in the third quarter. We should continue to see further gradual improvement through 2010, although the operating environment remains challenging.ArcelorMittal Chairman and CEO LN Mittal ” | “
If anything is unspent it will be carried over to next year. We are confident because we are able to manage the business, retain our clients and manage our costs and that is what gives us the confidence. The worst is behind.Kris Gopalakrishnan, CEO & MD of Infosys ” | “
Business is stabilizing, clients are making decisions, price stability is there and volumes is expected to pick up.Wipro Chairman Azim Premji ” | “
The jump in net profit is on account of a combination of factors which include cut in forex losses, improvement in operating margin and selling shares of Tata Steel.Tata Motors' Chief Financial Officer C Ramakrishnan ” | | | |
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