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

Business Standard

Substantial improvement in Jaguar and Land Rover (JLR) operations and improved standalone sale of trucks and buses helped it get out of the red, having showed consolidated loss of Rs 328 crore for the same quarter last year.

Tata Motors returns to profit

Hindustan Motors, maker of the iconic Ambassador car, today said it would take &ldquo;necessary steps&rdquo; to ensure the car maker&rsquo;s net worth, already eroded by more than 50 per cent by the end of 2009-10, does not decline further.

HM losses continue

The net profit of Bosch Ltd increased 11.42 per cent to touch Rs 20.97 crore for the quarter ended June 30, 2010 as against Rs 18.82 crore last year. Net sales increased 36.26 per cent to touch Rs 170.03 crore as against Rs 124.78 crore last year.

Bosch Q2 net up 11% at Rs 20.9 cr

The Central PSU Fertilisers and Chemicals Travancore Limited (FACT), has registered a net profit of rs 3.68 crore during the first quarter of the current fiscal.

FACT registers Q1 profit at Rs 3.68 cr

Press Trust of India

Textile firm DCM today reported an over five-fold increase in its net profit for the quarter ended June 30 at Rs 5.67 crore.

DCM Q1 net soars five folds at Rs 5.67 cr

Realty firm Parsvnath today reported an over two-fold jump in its consolidated net profit at Rs 31.82 crore on robust demand from its housing projects.

Parsvnath Q1 net soars twofold to Rs 32 cr

Diversified business firm Videocon Industries today posted a 23.6 per cent increase its net profit to Rs 153.69 crore in the quarter ended June 30, 2010 over the same period last fiscal.

Videocon Ind June qtr net up 24% at Rs 154 cr

Fertilisers and Chemicals Travancore Limited (FACT) registered a net profit of Rs 3.68 crore for the quarter ended June 30, 2010, as against a net loss of Rs 34.54 crore during the same period last year.

FACT back in the black in Q1

The adverse impact of rate wars and foreign exchange losses has resulted in Bharti Airtel, the country&rsquo;s largest telecom service provider, showing a decline (over the same period last year) in net profit by 32 per cent to Rs 1,682 crore during the quarter ended June.

Bharti Airtel net dips by a third

Real estate company Parsvnath Developers today said its first-quarter net income jumped 118 per cent to Rs 259 crore, compared to Rs 119 crore in the same period last year.

Parsvnath PAT up 129 per cent

Bajaj Hindusthan today reported a net loss of Rs 14.9 crore for the quarter ended June 30, after five profitable quarters, hit by a sharp decline in sugar realisation and rising interest cost. The country&rsquo;s largest sugar producer had posted a net profit of Rs 60 crore in the corresponding quarter last year.

Bajaj Hindusthan posts loss of Rs 14.9 cr

Tata Power, the country&rsquo;s largest private power utility, today said its June quarter consolidated net profit fell 42.5 per cent due to a forex loss of Rs 154 crore in the said quarter and an exceptional gain of Rs 232.4 crore in the year-ago quarter. Net profit slipped to Rs 317.6 crore from Rs 552.7 crore in the previous corresponding quarter.

Tata Power net down 42%

Stock of State Bank of India, the country's largest bank, today touched its 52 week high at Rs 2,692 after it announced that it has posted 26 per cent jump in its consolidated net profit to Rs 2,935 crore as compared to Rs 2,330 crore in the previous quarter, a year ago.

SBI Q1 net up 26% at Rs 2,935 cr

Indraprastha Gas Ltd, the sole supplier of CNG and piped gas in the national capital, today reported over 18 per cent rise in net profit in the quarter ended June 30, on higher sales volumes.

IGL Q1 net jumps 18% to Rs 57 cr

State-run Mahanagar Telephone Nigam (MTNL) today said its net loss widened to Rs 451 crore for the quarter ended June 30, 2010, weighed down by its excessive staff costs and outgo for 3G spectrum fee.

MTNL Q1 loss widens to Rs 451 cr on staff cost

Leading SAW pipes manufacturer MAN Industries has clocked a net profit of Rs 22.24 crore in Q1 FY11, up from the Rs 2.86 crore in the year-ago period.

MAN Industries Q1 net profit at Rs 22 cr

Tata Steel today reported a consolidated net profit of Rs 1,790.19 crore for the April- June quarter of the fiscal.

Tata Steel returns to profit of Rs 1,790 cr in Q1

The company had a net profit of Rs 44.80 crore in the same period last fiscal.

Apollo Hospitals Q1 net dips 12% to Rs 39 cr

State Bank of India (SBI) on Thursday said consolidated net profit for the group went up by 21.99 per cent to Rs 3,356.26 crore during the quarter ended June, compared to Rs 2,758.5 crore during the corresponding period last year.

SBI net grows 22%, shares touch 19-year high

Ranbaxy Laboratories, the country&rsquo;s largest drug maker, on Thursday reported a 53 per cent drop in net profit at Rs 325.7 crore for the quarter ended June 30, compared to Rs 693.6 crore in the corresponding quarter last year.

Ranbaxy net slumps 53%

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