Godrej Industries today posted a 46.34% increase in its consolidated net profit at Rs 71.33 crore for the first quarter ended June 30, 2011, compared to the same quarter last fiscal.

Godrej Industries' Q1 net up 46% at Rs 71 cr

Press Trust of India

Textile and apparel maker Arvind Ltd today said its consolidated net profit surged over two-fold to Rs 61.05 crore for the first quarter ended June 30, 2011, over the same period previous fiscal.

Arvind Q1 net surges two fold to Rs 61 cr

The lender had posted a net profit of Rs 107.8 crore for the corresponding quarter last fiscal, United Bank of India said in a filing to the Bombay Stock Exchange (BSE).

United Bank of India Q1 net up 23% 

The company had posted a net profit of Rs 10.95 crore in the corresponding period last year, Force Motors said in a filing to the Bombay Stock Exchange.

Force Motors Q1 net soars 76% at Rs 19 cr

The company had posted a net profit of Rs 1.39 crore for the same period previous fiscal, Linc Pen &amp; Plastics said in a filing to the Bombay Stock exchange (BSE).

Linc Pen & Plastics Q1 net down at Rs 17.39 lakh

Food products maker Nestle India today reported 9.75% increase in its net profit for the second quarter ended June 30, 2011 at Rs 213.83 crore compared to the corresponding quarter of the last fiscal.

Nestle India Q2 net up 10% at Rs 214 cr

Aegis Group has reported a 92% jump in net profit at Rs 16.61 crore for the quarter ended June 30, 2011, as against Rs 8.67 crore in the same period last year on robust earnings from gas business.

Aegis Group's net for June quarter rises to Rs 17 cr

IDBI Bank on Saturday said its net profit for the quarter ended June rose 34 per cent to Rs 335 crore, owing to robust interest income flows. The banks&rsquo;s net profit for the quarter ended June 2010 stood at Rs 251 crore. The bank&rsquo;s net interest income increased 36 per cent to Rs 1,152 crore in the first quarter of 2011-12, compared with Rs 844 crore in same quarter of the previous financial year.

IDBI Bank net rises 34% to Rs 335 cr

Business Standard

Manipal-based public sector lender Syndicate Bank on Saturday reported a 29 per cent rise in its net profit at Rs 343 crore for the quarter ended June 30, compared to the corresponding quarter of the last financial year. The bank&rsquo;s operating profit rose 27 per cent to Rs 743 crore, compared to the year-ago period. Growing advances and improved net interest income (NII) aided the growth.

Syndicate Bank net profit rises 29% 

Private sector lender, Karnataka Bank Ltd has announced a seven per cent growth in net profit at Rs 49.78 crore for the quarter ended June 30, compared to the year-ago period. The bank&rsquo;s operating profit rose 41.7 per cent to Rs 107 crore. Gross income grew 25.3 per cent to Rs 768.8 crore. The rise in profits was driven by a 36.2 per cent growth in net interest income.

Karnataka Bank net rises 7%

ICICI Bank, the country&rsquo;s largest private sector lender, reported a 5.4 per cent increase in consolidated net profit at Rs 1,091 crore for the quarter ended June 30, 2010, compared to a year ago, weighed down by a loss from its life insurance subsidiary.

ICICI Bank's Q1 net up 5%

After a decline in profit for three successive quarters, state-owned Bank of India (BoI) has reported a 24 per cent increase in net profit to Rs 725 crore for quarter ended June 30 as compared with Rs 584 crore in the same period of the previous year.

BoI returns to profit growth path, net up 24%

Syndicate Bank, the Manipal-headquartered public sector lender, today said its net profit remained flat at Rs 265 crore for the first quarter ended June 30, compared to the Rs 262 crore during the same period last year. This was mainly due to a steep drop of 93 per cent in its treasury profits, which was Rs 20 crore, compared to Rs 270 crore in the corresponding quarter.

Syndicate shows flat profit

Indian Overseas Bank (IOB) today reported a decline in net profit for quarter ended June 30 to Rs 200.44 crore, as against Rs 301.78 crore in the year-ago period.For year ended March 31, the net profit stood at Rs 706.96 crore. The total income for the quarter stood at Rs 2,882.38 crore as against Rs 2,808.51 crore in the corresponding quarter last year.

IOB net profit dips to Rs 200 cr

Private sector lender J&amp;K Bank today reported a growth of 23 per cent in net profit at Rs 145.4 crore for the quarter ended June 30, over the same period in the financial year 2009-10.

J&K Bank net up 23%

The share price of Sesa Goa fell 8.9 per cent to close at Rs 332 on the Bombay Stock Exchange (BSE) today. The main reason was the company board&rsquo;s formal approval to acquire 20 per cent in Cairn India through an open offer, along with its parent, Vedanta Group Plc.

Sesa Goa&#39;s stock down 9%

Gujarat Alkalies and Chemicals Ltd (GACL) reported a lower profit after tax (PAT) of Rs 19.01 for the first quarter ended 30 June, 2010 as compared to Rs 37.91 crore in the same period last fiscal on account of erosion in price realisations for caustic soda and caustic potash products. The net sales of the company marginally declined to Rs. 326.80 crore in the first quarter from Rs. 328.58 crore in the corresponding period of the previous year.

GACL PAT dips to Rs 19 cr

The Andhra Pradesh State Financial Corporation (APSFC) earned a net profit of Rs 67.68 crore for the financial year ending March 2010, as compared with Rs 42.85 crore in the previous year, a growth of 58 per cent.

APSFC nets Rs 68 cr

GVK Power and Infrastructure Limited, with interests in power, infrastructure and others, reported a 2 per cent increase in net profit to Rs 33.39 crore for the quarter ended June 30, 2010, as compared with Rs 32.73 crore in the corresponding period last year.

GVK Power net up 2%

This is against Rs 10.13 crore for the same quarter last year.

Nucleus Software Q1 consolidated net down 48% at Rs 5 cr

State-run gas firm GAIL (India) Ltd on Monday announced a 35.22 per cent jump in net profit for the quarter ended June 30 at Rs 886.88 crore, compared with Rs 655.84 crore for the same quarter last year.

GAIL Q1 net up 35% at Rs 887 cr

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