Steel manufacturer Prakash Industries today said its profit after tax increased 18.64 per cent to Rs 70 crore for the quarter ended June 30 on robust demand for its products.

Prakash Industries June quarter PAT jumps 19%

Press Trust of India

Royal Bank of Scotland is back in the black, posting a profit of 257 million pounds for the three months ended June, primarily helped by lower charges.

RBS back in black, posts Q2 profit of 257 mn pounds

Manufacturer of generic and active pharmaceutical ingredients (APIs) Aurobindo Pharma Limited reported a 69 per cent decline in net profit to Rs 51.5 crore for the quarter ended June 2010, as compared with Rs 166.57 crore in the corresponding quarter last year.

Aurobindo net dips on forex losses

Business Standard

GMR Infrastructure posted a 26.2 per cent increase in profit after tax (PAT) at Rs 28.4 crore for the first quarter ended June 2010 over the same quarter last year.

GMR Infra Q1 PAT up by 26% at Rs 28 cr

It had a net profit of Rs 151.04 crore during the corresponding period of last fiscal, Reliance Capital said in a filing to the Bombay Stock Exchange (BSE).

Reliance Capital Q1 net dips 49% to Rs 77 cr

At the close of the market hours the share gained 1.27% and was priced at Rs 509 on the BSE, with Rs 143.51 rise from its previous close.

Ackruti City net dips 38% to Rs 264 cr

Finolex Cables posted a 4 per cent increase at Rs 22 crore in the net profit for the first quarter ended June 30, 2010 over the same quarter last year.

Finolex Cables Q1 PAT up 4% at Rs 22.9 cr

Srei Infrastructure Finance today said its net profit has increased 20 per cent during the first quarter of this fiscal at Rs 46.65 crore as against Rs 38.91 crore in the corresponding period a year ago.

Srei Q1 net up 20% at Rs 46 cr

Net sales of the company stood at Rs 420.38 crore for the quarter ended June 30, 2010, vis-a-vis Rs 356.15 crore in the first quarter of the previous fiscal, the company said in a filing to the stock exchanges.

Monnet Ispat posts 19% jump in Q1 net profit to Rs 73 cr

Enterprise communications service provider Tulip Telecom today said it would raise Rs 1,000 crore through securities or bonds to fund expansion as well as acquisitions.

Tulip Telecom to raise Rs 1k cr; Q1 net up 8.5%

The company, which mainly sells brands of other companies under an exclusive licensing arrangement, said it is also looking at expanding in the oral care category.

Elder Healthcare to launch new brand this fiscal

Healthcare equipment manufacturer Opto Circuits today said its consolidated net profit rose by 40.21 per cent to Rs 83.09 crore for the first quarter ended June 30, compared to the same period of the previous fiscal.

Opto Circuits Q1 profit up 40% at Rs 83 cr

Hyderabad-based infrastructure firm Gayatri Projects today reported a 26 per cent jump in its net profit to Rs 15.06 crore for the quarter to June over Rs 11.96 crore it had reported in the quarter last fiscal.

Gayatri Projects Q1 net up 26%

The company had posted a net profit of Rs 8.10 crore in the corresponding quarter last year, Sahara One Media and Entertainment said in a filing to the Bombay Stock Exchange (BSE).

Sahara One Media net dips 74% in June qtr

Reliance Capital posted a 49 per cent drop in the profit after tax to Rs 77 crore for the quarter ended June, as against Rs 151 crore in the corresponding period last year, mainly due to decline in the profit of its general insurance arm.

General insurance arm pulls down Rel Cap net

Net profit of Kolkata-based Srei Infrastructure Finance rose 20 per cent to Rs 46.65 crore for the first quarter ended June, against Rs 39 crore during the corresponding period last year.

Srei net up 20%

City-based GMR Infrastructure yesterday said its first-quarter net profit rose 26.2 per cent over the corresponding period last year, due to sound business growth in road and airport segments. Net profit for the June quarter advanced to Rs 28.4 crore, from Rs 22.5 crore.

GMR Infra net profit up 26%

Motherson Sumi Systems Ltd (MSSL) posted a profit after tax (PAT) of Rs 59.55 crore in the April-June quarter of the current financial year. as compared to Rs 11.05 crore in the corresponding quarter of the last financial year.

MMSL Q1 net jumps 439% to Rs 59.5 cr

Piramal Healthcare today reported a 5.12 per cent decline in consolidated net profit for the quarter ended June 30 to Rs 80.74 crore due to uncertainty arising from the sale of its solutions business to US-based Abbott and the transition cost of the deal.

Piramal Q1 net down 5% at Rs 80 cr

Ajay Piramal-promoted Piramal Healthcare has posted a consolidated net profit of Rs 80.7 crore for the June quarter, 5.1 per cent less than Rs 85.1 crore in the corresponding period last year.

Piramal Healthcare net down 5%

Novelis Inc, the Canadian subsidiary of the country&rsquo;s largest aluminium producer, Hindalco Industries, said its first-quarter net profit fell to $50 million, from $143 million in the year-ago period, due to mismatch in realisation of derivatives.

Novelis profit drops 65% in Q1

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