Daiichi Sankyo, JK Tyre & Financial Tech Q2 result

Japanese drug maker Daiichi Sankyo, which holds 64 per cent stake in Ranbaxy Laboratories, today reported a 45 per cent drop in net income for the April-September this year. The company has a net income of ¥18.69 billion for six months ended September compared with 33.97 billion yen in the same period last year, Daiichi Sankyo said in a statement.

JK Tyre net at Rs 60 crore

Delhi-based JK Tyres net profit for the quarter ending September 2009 stood at Rs 59.51 crore against a loss of Rs 32.37 crore posted for the same quarter last year. Total sales rose by 7.69 per cent to Rs 937.70 crore against the Rs 870.76 crore earned the last year.

Financial Tech net at Rs 218 cr

Financial Technologies posted a 183 per cent jump in the net profit at Rs 218.23 crore for the quarter ended September 30, 2009, as compared to Rs 77.04 crore in the corresponding quarter last year mainly due to the profit on sale of investment.

KEC International net up 134%

Flow of domestic orders helped RPG group company KEC International post a net profit of Rs 42.09 crore for the quarter ended September 30, which is 134 per cent higher than Rs 17.94 crore posted in the corresponding previous year quarter. Net sales stood at Rs 875.11 crore for the quarter, 8.48 per cent higher from the Rs 806.70 crore posted in the corresponding previous year quarter.

Aditya Birla Nuvo net at Rs 1.44 cr

Diversified conglomerate Aditya Birla Nuvo reported a consolidated net profit of Rs 1.44 crore for the quarter ended September 30, 2009, while it had a net loss of Rs 104.6 crore in the same period last year. Total income stood at Rs 4,952.92 crore in the July-September quarter, however, it had a total income of Rs 3,669.73 crore in the same period last year, Aditya Birla Nuvo said in a filing to the BSE.

Ansal Properties net up 35.82%

Real estate developer Ansal Properties & Infrastructure said its consolidated net profit rose 35.82 per cent to Rs 31.24 crore for the second quarter ended September 30, against the same period last year. Total income rose to Rs 186.34 crore in the latest quarter ended September 30, against Rs 159.34 crore in the same period corresponding year, Ansal Properties said in a filing to the Bombay Stock Exchange.

Great Eastern Shipping net dips

Shipping major Great Eastern Shipping Company said its consolidated net profit declined by 81.95 per cent to Rs 106.47 crore for the second quarter ended September 30, against the same period last year.

Deccan Chronicle net up two-fold

Deccan Chronicle Holdings, publisher of English dailies ‘Deccan Chronicle’ and ‘Asian Age’, said its profit after tax surged two-fold to Rs 99.9 crore for the second quarter ended September 30, against the same period last year.