Polaris Software Lab Limited has reported 18 per cent growth in net profit for the first quarter to Rs 31.83 crore as against Rs 27.01 crore in the same quarter last year. Income from sales has increased to Rs 325.52 crore as against Rs 316.97 crore in the same quarter last year.

Network 18 loss at Rs 36 cr

Also Read   Related Stories News Now - Polaris setting up centres in Egypt, Chille, Vietnam - Network 18 Media June qtr net loss at Rs 36 cr - Polaris June qtr net rises 18% - Polaris up after project goes onstream - Network 18 board approves raising of Rs 205 cr via QIP - Network18 Media to raise Rs 112 cr; EGM on July 2

Also Read   Related Stories News Now - Markets end lower ahead of May F&O expiry - Parsvnath posts Rs 23 cr loss in Q4 - Educomp net down 57% at Rs 61 cr in Jan-Mar qtr - DLF Q4 net plunges 39% to Rs 211 cr - Provogue Q4 net profit down 71% at Rs 1.81 cr More

Welspun-Gujarat net up 94%

Tube and pipe manufacturer Welspun-Gujarat Stahl Rohren Ltd has posted 94.27 per cent rise in its net at Rs 138.21 crore for the first quarter of financial year 2010 as compared to Rs 71.14 crore it posted in the corresponding period last year. The company’s total income increased by 72 per cent at Rs 1883.8 crore in the first quarter as compared to Rs 1,096.73 crore it posted in the corresponding quarter last year. BS Reporter

Zee net dips 5%

Zee Entertainment Enterprises has registered a 5.6 per cent drop in its net for the first quarter of current fiscal as competition from new channels dented its revenues. The company posted consolidated net profit of Rs 91.32 crore in Q1 of FY 2010 as compared to Rs 96.81 crore it posted in Q1 of FY 09. Its net sales also dipped by 7.35 per cent at Rs 475.93 crore as compared to Rs 513.74 crore in the corresponding quarter previous financial year.

New Ipad Application :Business Standard's all new IPad App Click here to download for free Other Stories      - Markets end lower ahead of May F&O expiry - Parsvnath posts Rs 23 cr loss in Q4 - Educomp net down 57% at Rs 61 cr in Jan-Mar qtr - DLF Q4 net plunges 39% to Rs 211 cr - Provogue Q4 net profit down 71% at Rs 1.81 cr

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